We have a pretty clean set up on CADJPY, a bit of a break out of current support should open this pair up to a 200+ pip move lower. Remember you can find more information about this by visiting our website: DayTraders FX Also visit our video library that is updated daily with new market analysis and trade idea videso: Video Library
EURJPY has a very similar set up to EURUSD, I like both of them, maybe EURUSD a little more but I will trade both of these set ups. I'll sell the break of the 1 hour trend line, target the weekly lows, keep stops above the weekly pivot (around 115.00). It's a simple clean trade, it might sneak up in the middle of the night, be ready! See more about this at: ...
EURUSD has broken out of a larger ascending channel from the daily chart, the move below 1.1200 was crucial to continuation of a triple bottom at 1.0500. I'll watch for another test of 1.0900 on the way and maybe take some profit there. If this pair can't stay below 1.1200 then I'll exit or wait for the next set up. See more on this at our website: DayTraders...
The weekly pivot on USDJPY is looking very appealing right now, we should see a move up on this pair sooner than later. The current weekly pivot looks very nice for a near term target. I would like to see one more push lower before buying these dips, I like the 1 hour trend line as well. See more details at DayTraders FX Check out the VIDEO LIBRARY Follow...
I have made some of my biggest trades from head and shoulder patterns on daily and weekly charts, this one looks very interesting to me. I want to buy above the neckline after a little pull back once it breaks. Happy trading, Jared Johnson
I love this set up, as long as it stays below 116.00 area I'm going to try and pound this down for a big movement. Weekly head and shoulders are never a bad thing
Clean pattern, I want to short the break, end of story. Boom!
I think we have a great trade in the works on this pair, the break out and pattern hasn't totally confirmed but it's looking promising.
i'm looking for one more run higher then I'm shorting it for a small'ish run down, 100 pips or so. The H1 chart is very much overbought.
This is a quick trade idea, I think the EURUSD might have more upside into 1.0900 area, make a few bucks on this one and go buy yourself something pretty.
Looking for a move into the upper channel and 38% fib level, Thursday/FOMC day will tell a lot of this story.
This correlates nicely with the EURUSD, both charts appear to be playing the same game, bearish EURUSD weekly candle and bullish DXY weekly candle, I'm watching for USD strength against at least EURUSD this week.
we have a strong reversal candle and level as seen on the weekly chart, this could very well lead to much more downside on EURUSD
I am looking for an opportunity to buy the dip below 1.5700 with confirmation of price that it will hold.
I like price patterns on large time frames, this head and shoulders on the daily chart is magical. I'm not short yet but if that neckline breaks or I get some other good signal before that, I'll be short for sure.
A break above 120.50 turned usdjpy bullish, next targets to watch are 122.50 and 123.00
EURUSD broke below 1.1050 and created a bear flag in the process, it should continue onto 1.0850. A move back above 1.1050 will turn this pair bullish again.
If this trend line breaks I'm looking for the daily pivot below, quick few pips.