as euro getting stronger and chf is starting to get weaken we can aim for a long on the cross pair eurchf
once the resistance is broken as support we will be looking for longs for the targets upside
Even though bothe the pairs are so strong we can see the nzd getting weak as compared to euro. massive longs are getting added to euro while nzd is already have huge amount of longs where we may expect some profit taking which can pump the eurnzd to 0.38 fib level.
waiting for the confluences to satisfy to take long.
hope you guys love it.
Hi everyone actually the eur and jpy are both strong in the past week. that can clearly be seen in the consolidation.
even thought long term eurjpy is pushing up i feel its definitely time for a retracement which can be clearly printed by a fakeout of the strong monthly zone.
A short retracement before breaking the monthly zone.
hope you guys love it.
as you guys already know that the usd is so bearish and hedge funds adding shorts as well as longs to cad.
the price broke the consolidation and the price came to retest the support which is now resistance
daily is bearish with rejection of previous support turned resistance.
but the weekly formed doji.
Hi guys the usd is bearish and already the jpy is so strong
price also broke the consolidation and retested with bearish pressure
we definitely can expect this move to happen
after institutions huge longing of nzd its time to take profits and nzd may get weaken which gives an opportunity to short nzdchf as chf is getting stronger and nzd getting weaken the probability of this setup is high and hope you guys love it.
this pair is so bearish from a period of time and we definetly can expect a retracement as the institutions have been shorting chf which can lift the usdchf up. after the price reaching the previous support turned resistance we will be watching the pair closely to take short.
we can see the longing of gold in the past week and cot report showing that institutions have been longing the gold for long term.
but before going for next impulse i expect short term retracement to the daily demand followed by a continuation impulse.
