It's not the most secure set up I've ever seen, but you can see on higher timeframes price is still bullish.
Could not be anymore simple here. Longs to 1.45 are a longer term move but keep an eye on June 21st and UK exiting lockdown for good. Any delay will be bad for Pound.
Think there's a lot in the way of any downward pressure from EA here especially as the Auzzie's are having a a feud with China over trade at present. 800ema, 3rd touch, 4hr support, 61.8% fib, good confluences for longs.
Sketchy H&S but still plenty of other bearish signs. Only worrying aspect is that price broke the long term descending channel on Friday. Watching for a bounce at 61/8% or a break of neckline
Simple idea, high's broken, and long to key level. Not looking for sells yet as MS still bullish. Sells valid below 1.41500
Pretty simple on the DXY front this week, we've broken the support see if we can push down now!
All the confluences line up seen rejections already only thing holding me back is how choppy EA has been last few months
Deciding factor this week is if the key level holds; it has in the past, but should bearish structure be respected, it'll be smashed this week
Either pullbacks or a straight break but either way buys look good to target huge psychological number 80.00!
Love to see this broken and go lower very clean traffic!
Pretty simple idea here, lets target the 2017 lows if we see rejection on the retest of the 2018.
I've left the pennant on to show an important area broken by GU on Friday with the bad NFP numbers. This would be a really clear and simple trade, clean traffic, break of the consolidation period, overcome the resistance and would negate the 61.8% plotted if we close above.
Huge impulses usually follow periods of consolidation especially with pacific currencies who have a large daily range. Marked the RR for the targets, important not to be greedy here. If there's rejection at 1;2R, don't be stupid, take it. Remember the market owes you nothing.
Looks bad for the dollar. Broken a ton of key technical supports, only the Jan 2021 and 2018 lows hold any hope of reversal now. If it breaks the 88.24 mark, there's nothing to stop a move to 82.00 which would be a catastrophic drop for the currency. It may even cause Powell or Yellen to interfere.
Perfect place to add further long positions as SEC case comes to an end. A big push here will be when Coinbase resists XRP trading.
Let's not forget that whilst gold has exceeded even the most bullish gold investors' expectations climbing so far above its All time highs during the pandemic it got silly, Silver has got no where near. with an ATH price of $49, a breach of $30 is very favourable for long term holds to retest though highs. However, if this structure is broken at potentially a key...
Still expecting a push into 1850-1860 at some point this week. Last week we saw a huge push from 1770 and I strongly expect 1820 to hold for the time being. Be interesting to see what happens around 1860, with 3 potential confluences to sell: 61.8% long term swing fib, 3rd touch of Trendline, top of ascending channel structure. But with NFP being so bad Friday,...