HuracanFX

HuracanFX

A Dovish FED Seeking to Cut Rates. A Channel up identified with price gaining bullish steam after FED signals a rate cut with a dovish outlook towards the Dollar. USDCAD gains a fundamental push backing price swings toward hard weekly resistance of 1.35200. From a technical viewpoint, USDCAD sees verified support at 1.30450. Currently in a range bound zone...

HuracanFX

After NFP data release. We see that once again the US has provided traders with sentiment to keep bears on track against the greenback. Initial Entry during NFP saw us enter the swing towards downside target profit of 0.69295. Re-entry towards the downside from 0.69700 zone has proven that were gaining momentum on AUDUSD towards our swing target of...

HuracanFX

EURNZD proving its head and shoulders pattern after a pullback from 1.71226 touching resistance level of 1.72839.

HuracanFX

GBPAUD - After a strong bullish movement over the months from 1.6000 ( MAR 19' ) settling in at 1.87200 (MAY 19') GBPAUD finds itself in a distribution phase after this bullish trend to the upside of 1.87200 . The overall bullish momentum carries over to the Daily with an upside from support of 1.81500 , locking in Daily resistance around the 1.84100 ...

HuracanFX

A textbook Downtrend from a monthly Resistance zone 0.69152 sees the KIWI showing its horns against the greenback with signs of bullish momentum at Monthly Support 0.65127. Daily candles indicate a rejection of price further to the downside of 0.65100 a turning point for the Kiwi Dollar

HuracanFX

After an exhaustive trend downwards from an April high of 75.700, Brent lingers around a solid support level of 70.000 A perfectly timed descending triangle has formed for the Black Gold ahead of a breakout to the 72.450 level, retest 71.700 and daily target push toward 74.500/74.850 This move could prove in line with our USDNOK Trade

HuracanFX

USDNOK affected by oil reactions over the last few weeks - forming a wedge pattern as a result that could see a break to the downside. Contributing to the fact of a strong #Dollar, in addition to #Oil bullish prices. #huracanfx A push to the downside as #Daily Resistance confirms our trade additionally as a third possible touch around 8.82000 as price hovers...

HuracanFX

Ideally this scenario is backed by sentiment towards gold. XAUUSD is falling from a Weekly supply zone, acompanied by a strong BEARISH ENGULFING bar on Weekly timeframe. Suggesting a strong push towards the downside.

HuracanFX

GBPNZD has previously bounced strongly from the Daily support zone of +1.9000 Hourly resistance from 1.9400 has proven strong as bears are beginning to show off their Lower Highs on the 1 Hour Timeframe. Previous 1hr High was at 1.9244, This causing some solid consolidation moves into a range bound zone with price continuously being rejected at the 1.9200...

HuracanFX

GBPUSD Opened higher, but this caused the pound to retreat from a strong zone of resistance, previously tested at 1.300 zone. Overall bias of a bearish trend on the higher Timeframe suggests Bears could continue their push further to the downside towards 1.2850, 1.2800, until support zone of 1.2700

HuracanFX

AUDCAD currently on a bullish run, however rejection candles are showing signs of bearish notes, this could signal bears are wanting to regain control from market once again. CAD Fundamental news will allow us to take directional trades and if price action prevails ; respecting the bearish trend, a decent setup is possible Long until resistance is tested again...

HuracanFX

AUDCAD currently on a bullish run, however rejection candles are showing signs of bearish notes, this could signal bears are wanting to regain control from market once again. CAD Fundamental news will allow us to take directional trades and if price action prevails ; respecting the bearish trend, a decent setup is possible Long until resistance is tested again...

HuracanFX

Based on historical data from weekly analysis. CADJPY could revert back onto a bullish path as 3rd retouch of weekly support zone, good setup for a long-term position trade. A Release of fundamental Interest Rate data could give a bullish push needed.

HuracanFX

Head and shoulder pattern forming on GBPNZD . Looking for short and retest of shoulder for upswing to previous supply zone( Yellow bar ). * Note further Brexit news and fundamental news for GBP may turn upswing from 1.83040 (blue line) to a Triple top formation if price does not break 1.86267 (red line). We could then see a further drop back towards 1.83040