Kai-FX

Kai-FX

Break of TL and retest....

Kai-FX

0.618 Fib retrace and touch of support

Kai-FX

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Kai-FX

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Kai-FX

After a drop in price, we have hit a support level around the 1.2720 area. I suspect price will go back up towards 1.2900

Kai-FX

We have seen a retest of the support turned resistance at 0.6950 and i suspect we may see a drop in price back to 0.6820 at which point we may see a break of this support or a potential strong bounce off this area.

Kai-FX

It looks like we may be looking at a potential continuation of the bullish run on this pair as it looks as though the price dip around 113.00 just so happened to be a sell trap. However another break below 113.50 will be confirmation of further bearish movement. For early entries now would be a good opportunity to jump in (114.05) however a break above the...

Kai-FX

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Kai-FX Updated 

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Kai-FX

We currently in a descending channel and we have hit the upper trend line. I expect a reaction off this level with a drop to at least 1.3050

Kai-FX

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Kai-FX Updated 

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Kai-FX

Follow me at Kai.fx for a full analysis on this pair

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Kai-FX

This is a trade i have been stalking for quite some time. We have now seen a double top and a touch of the weekly TL. I expect a drop from here over the next few months. Stops - 1.3250 TP - 1.2300

Kai-FX Updated 

As we were stopped out. I will be looking to re-enter this trade at the 0.7868 level where we will potentially form a double top. Targets will still be 0.7680 at which point we may be looking at a continuation of the bullish trend. Another post will follow soon showing my analysis for this future long.

Kai-FX

After a very slow start to the week yesterday due to various national holidays, we have hit an area of support turned resistance at around the 0.7800 area. I expect price to continue dropping from here with a target of 0.7680 which i believe will be a strong support level.

Kai-FX

We have touched the TL for a 3rd time as well as touching support around 112.30. I expect another push up towards resistance at the 114.00 level