TradeAce

TradeAce Updated 

X marks the Spot. For a Bullish Price Action, Swissie broke out into New Year Highs. Good to BUY on dips above 1.00900. Next Target at 1.02200. For a Bearish Price Action, Liquidity tapped at the Weekly Highs. Look to enter a SELL on a break below 1.00900. A short term SELL may pop around 1.01700 minor resistance. This may not hold price for too long. I am...

TradeAce Updated 

X marks the Spot. For a Bearish Price Action, I expect further weakness on this cross. Continue to SELL on a rallies below 0.83450. Target at 0.78850 For a Bullish Price Action, A close above 0.83450 and I expect some bullish momentum. Look to BUY dips above this price zone with Target at 0.87150. I remain Bearish on this cross.

TradeAce

X marks the Spot. For a Bullish Price Action, Watch the fractals on the Weekly. We may be having a repeating pattern at play here. Bullish Target at 1.36000 For a Bearish Price Action, A close below 1.32800 and I'll flip my bias to a SELL. 1st Target at 1.28850 I am more Bullish than bearish on the Loonie.

TradeAce

X marks the Spot. For a Bearish Price Action, Daily Descending Trendline respected. 4hr Ascending Channel broken. Good to SELL on Rallies below 1.13000. 1st Target at 1.1130. Long-term Target 1.09000 For a Bullish Price Action, If bulls reclaim 1.1300, we may begin a retest of 1.14700. This is unlikely as fundamentals continue to drive the fibre lower. I...

TradeAce

X marks the Spot. For a Bearish Price Action, Look to SELL ONLY when we have a strong CHF. Good to SELL around 1.32650 where we have the Weekly Supply Zone. I will be interested if we have a strong fundamentals on the CHF. With Long-term Target at 1.28550 For a Bullish Price Action, A slow grind UP on a very weak CHF. The CHF has been the weakest currency this...

TradeAce

X marks the Spot. For a Bearish Price Action, Look to SELL ONLY when we have a strong CHF. Good to SELL around 1.32650 where we have the Weekly Supply Zone. I will be interested if we have a strong fundamentals on the CHF. With Long-term Target at 1.28550 For a Bullish Price Action, A slow grind UP on a very weak CHF. The CHF has been the weakest currency this...

TradeAce

X marks the Spot. For a Bearish Price Action, We hit a Supply Zone on the Weekly and price reverses. Look to SELL rallies with stops at 1300. We continue lower. Long-term Target at 1237 For a Bullish Price Action, If bulls reclaim 1300, I'll flip my bias to bullish and look to BUY pullbacks with Targets at 1350 & 1365. I remain Bearish on this metal.

TradeAce

X marks the Spot. For a Bearish Price Action, I may be interested in a SELL below 109.800. This is quite unlikely for a few weeks.I still expect a retracement before the bulltrend continues. For a Bullish Price Action, A break above 112.150 and I'll be interested in entering a BUY. Until then, we may likely remain in this new Range (112.140/111.160) for a...

TradeAce

X marks the Spot. For a Bearish Price Action, I'm looking to open a SELL position on a retracement to 1.90780 Supply Zone with Stops just above the previous bullish candle's High. I expect more SELLing in the coming weeks. For a Bullish Price Action, a break above 1.94509 and I expect a move to test the 2.05085 Resistance. This is quite unlikely. I am more...

TradeAce Updated 

X marks the Spot. For a Bullish Price Action, Still in the Range. We head back to 1.14750. We need to close above this Range to begin full Distribution. Daily is much clearer as it shows the False break above. We need a Weekly Close above 1.14750. For a Bearish Price Action, we break below 1.13000 and we may see 1.12000. I remain Bullish on this pair. 1st...

TradeAce

X marks the Spot. For a Bearish Price Action, We may most likely head back down in the coming weeks as the Yen strengthens and pound bulls become exhausted. For a Bullish Price Action, a break above 145 Resistance zone on the Weekly and we may likely see 149.500. I am more bearish than bullish on the cross. Target at 139.800

TradeAce Updated 

X marks the Spot. For a Bullish Price Action, I expect this metal to continue its slow climb Higher. 1st Target at 1300 2nd Target at 1365. For a Bearish Price Action, a close below 1236 and I will be looking to open a SELL position. Target at 1196 I'll be looking to BUY every pullback above 1236. I remain Bullish on this commodity.

TradeAce Updated 

X marks the Spot. For a Bullish Price Action, I still expect some BUYing around 0.97800 Demand zone. This will be short-lived. For a Bearish Price Action, Liquidity has been tapped up to the 1.00900 region. I expect further SELLing pressure in the coming weeks. A break below 0.98000 and I'll be looking to SELL every Rally. 1st Target at 0.95400 2nd Target at...

TradeAce Updated 

X marks the Spot. For a Bullish Price Action, I expect Cable Bulls to resume control in the coming weeks. 1st Target at 1.33000 2nd Target at 1.43500 For a Bearish Price Action, If we don't hold 1.26000, next target will be 1.20400. My bias is Bullish so long as we stay above 1.26000

TradeAce Updated 

X marks the Spot. For a Bullish Price Action, I expect Higher Prices in the coming weeks. I'll be looking to BUY any significant pullback. Target at 0.77200 For a Bearish Price Action, I expect a slight rejection at the 0.73950 minor Resistance. This will be quickly faded. I remain Bullish on this pair. Look to BUY every pullback.

TradeAce Updated 

X marks the Spot. For a Bullish Price Action, I expected price to close above 1.53650 to show bullish continuation. We had a failed breakout. I am now bearish. For a Bearish Price Action, I flipped my bias to Bearish after last week's close showed price tapping into liquidity at 1.55843 (previous High) and then closing back below. I expect lower prices in the...

TradeAce Updated 

X marks the Spot. For a Bearish Price Action, I posted last week on a Bullish setup on this pair, but we had a failed breakout on this cross as Bears drove it back down into the Range. I'm skeptic about taking a SELL as the previous candles are showing Higher lows. If we do break out of the Local Low, look for 1.58380 to scale first profit. 2nd Target at...

TradeAce Updated 

X marks the Spot. For a Bullish Price Action, we may experience some BUYing around 0.88300 and target the previous weekly High. For a Bearish Price Action, I expect we continue SELLing down to the 0.83260 region where we meet Weekly Demand. I expect lower prices in the coming weeks and will be looking to SELL rallies. 1st Target at 0.88311. 2nd Target at...