UnknownUnicorn261897

UnknownUnicorn261897

Placing a short order @ 1.195 for a scalp during the overnight session. I will update this idea if filled or not.

UnknownUnicorn261897 Updated 

The zone between $1.191 and $1.19 is an area where there will likely be some strong buy orders. I will be looking to get long in that area and ride out a short-term up move toward the $1.1935-1.195. There is no major economic news to look out for until Thursday 1/11/18 when the EU GDP figure is released.

UnknownUnicorn261897 Updated 

At 5am EST EU unemployment data is coming out. This may set up a trading opportunity in the U.S. session tomorrow, Tuesday 1/9/2018. Price is currently sitting just ahead of an area of support between 1.195 and 1.1935. I'd like to see buyers step in around that area, perhaps as a result of the unemployment figures. If I see this I will be watching the 1.2 figure...

UnknownUnicorn261897

Keep a close eye on the 99.3 level on DXY taders. IF price manages to get above the 99.3 figure and can sustain above it then you can expect further upside with imminent target at the 100 handle then 100.5. For this reason we can view the level to be the "break level". We will remain neutral until the market shows its hand.

UnknownUnicorn261897

All last week USDCAD was in a tight range of consolidation between 1.365-1.375 accumulating orders with stops below those 1.365 lows. Price swiped just below those lows and caught a bid off the 1.36 figure which signals buyers are still present. Further upside is expected on this pair with both technicals and fundamentals in alignment. Imminent upside target is 1.3838

UnknownUnicorn261897

Hello traders. USDJPY appears to have found balance around the 113.5 area. As such, further upside may be anticipated. Looking for buying opportunities remains the preferred strategy at this time. A clear break above the 114.40 should put sights to the 115-115.5 area.

UnknownUnicorn261897 Updated 

USDCAD buy signal from 1.37. Short-term trade: Target is 1.382~ area Long-term trade: Target is 1.4 by Q2.

UnknownUnicorn261897

Hi traders. Today I added to my buy position on the intraday dip. I saw price approaching s1 at 113.63 quickly and anticipated the stop run reversal. I placed my buy order just ahead of s1 and will be holding this long throughout the rest of the day and tomorrow. I would like to see a push up into the key psychological resistance level of 115, but let's see how...

UnknownUnicorn261897

Hello traders. AUDUSD has been in a consistent downtrend throughout the entire month of may thus far. It will wake a significant move to reverse the weekly candle and I don't think Friday's U.S. retail sales or CPI will be able to do that. As such, the risk is certainly still to the downside. If sellers do step in and price manages to break out of the wedge to...

UnknownUnicorn261897

Good morning traders. Here is the update on the daily key levels for AUDUSD. As you can see the levels remain the same as price consolidated throughout most of the day yesterday. S1 was not broken, it was respect to the pip and held throughout the entire U.S. session. R1 was never even contested. The focus still remains to the downside, however price action...

UnknownUnicorn261897

Good morning traders. Here is the update on the daily key levels for GBPUSD. This pair is currently in consolidation mode and for that reason we can be looking for both buying and selling opportunities until a break to the upside or downside is confirmed. However we will want to favor buying opportunities due to the fact that the overall trend is to the upside...

UnknownUnicorn261897

Good morning traders. Here is the update on the daily key levels for USDJPY. This pair is still very much in an uptrend. Buying opportunities are preferred and should be the only thing you look for. As such, a break above the current high will put sights up to r1 and if price can get above r1 it opens the likelihood of price hitting both r2 and r3 today. On the...

UnknownUnicorn261897

Good morning traders. This is an update for the daily key levels on EURUSD. The momentum is clearly to the downside at the time, however dip buying opportunities may come into play around s2 as there is a confluence of support in that area. The s2 area may even pose a nice intraday buying opportunity, but don't get greedy because any bounce will likely be...

UnknownUnicorn261897

Hi traders. EURUSD has been in an uptrend for the past month or so and has only recently started to slide to the downside after the non-event second round of the French presidential election. Given the overall trend though it is likely that institutional dip buyers are waiting in the bushes ready to pounce. The 1.083 area has a few confluences to support price....

UnknownUnicorn261897

Hello traders! I apologize for the late posting here on GBPUSD. As you can see price has already come down and touched s1 just about to the pip. Clearly dip buyers stepped in at s1. Long-term directional bias is still certainly to the upside so it is possible to see these dip buyers prevail. If that is to be the case, a sustained break above r2 is required to...

UnknownUnicorn261897

Hi traders. The focus is most certainly to the upside on USDJPY following the well-anticipated break of the trend line resistance as shown below: No surprise there. With that being said we have already surpassed r1 and are sitting just under r2. Intraday traders may want to wait for a break above r2 and look to buy a pullback to r2 on the flip side as support....

UnknownUnicorn261897

Hi traders. The view on EURUSD has been switched to the downside. It will take a sustained break above overhead resistance at 1.1023 in order to shift the focus back to the upside. Until then, selling opportunities may be preferred. With that being said look to resistance levels or upticks for selling opportunities viewing support levels as downside targets and...

UnknownUnicorn261897

High traders. As you can see by yesterday's key levels, price is focused on the downside. Price broke through s1 shortly after the open, broke through s2 overnight, and has since found nice support at s3 to the T. Going forward the focus remains to the downside until proven otherwise. A break below what was s3 and now s1 at .7331 will be required to put sights...