AUDUSD WEEKLY MONTHLY BEARISH SENTIMENT C.T.L. RESISTANCE WITH ONE LINE SHOWING AREAS OF SUPP AND RESIS REJECTIONS OF 50% FIB AND 0.75000 LEVEL SUGGESTS NEW LOWER LOWS TO BE MADE! DOUBLE TOP ON 4 HOUR AND 8 HOUR CHART
USDCAD HOLDING FIRMLY BELOW 1.31500 KEY LEVEL OF RESISTANCE THE BULL RALLY CAME TO A HALT AT THE 61.8% FIB ALONG WITH THE 50 EMA REJECTION TREND LINE RESISTANCE WITH PIVOT RESISTANCE AS WELL!
EURUSD HAS REJECTED 1.14500 ON THE DAILY 3 TIMES INDICATING DOWNSIDE PRESSURE 61.8% FIB AT THE HIGHLIGHTED BLUE LEVEL PIVOT RESISTANCE AND 50 EMA RESISTANCE RESULTS IN A 3:1 RISK REWARD HERE! SAFE TRADING!
DOUBLE BOTTOM 4 & 8 HOUR CHART ALONG WITH DAILY 4 HOUR AND 8 HOUR SEVERE MACD DIVERGENCE KEY LEVEL SUPPORT 105.500 HOLDING FIRM FOMC MEETING IM LEANING TOWARDS DOLLAR STRENGTH!
EURUSD HOLDING FIRMLY BELOW 1.1450 KEY LEVEL WITH A WEEKLY FAKOUT BEAR RALLY TO DAILY SUPPORT 1.11250 A RECENT BULL NFP RALLY CAME TO A SUDDEN HALT ONCE MORE AROUND 1.1350-1.1370 AND A 61.8% PINAND YET AGAIN BELOW 1.1450 BEING REJECTED PRICE RECENTLY BROKE THROUGH THE 50 EMA AND PIVOT SUPPORT; PULLBACK TO WAIT FOR A SHORT ENTRY IN THAT CASE A 2.5:1 RISK REWARD...
ANOTHER POST TO SUPPORT MY PREVIOUS BIAS ON GBPUSD AND THIS BREXIT AND HOW ITS PAINTING THE PICTURE BEFOREHAND GBPUSD LOOKING SET TO MAKE LOWER LOWS AND ULTIMATELY SHOOT ENGLAND IN TO A RECESSION A-B-C-D STRUCTURE PRICE HOLDING FIRM BELOW 1.4710 WITH WEAKNESS AND MACD DIVERGENCE 1.35000 WILL BE THE FIRST TARGET
MONTHLY WEEKLY BEARISH SENTIMENT SET TO MAKE LOWER LOWS AUDUSD 50% FIB HOLDING FIRM BELOW MONTHLY RESIS 0.7550 DOWNSIDE 0.6950 AND BELOW!
SIMPLE ABC DOWNSIDE EURUSD DOWN TO 1.0950 LEVEL FUNDAMENTAL INTEREST RATES NEXT WEEK TO SUPPORT THE TECHNICAL SIDE BEARISH SENTIMENT ON THIS PAIR
GBPUSD MAKING VERY DISCRETE LOWER SWING HIGHS ON THE WEEKLY CHART WITH MULTIPLE REJECTIONS OF 38.2% FIB AND WEEKLY RESIS AT 1.4730 AND 50 EMA REJECTIONS PAST PRICE ACTION INDICATES LOWER LOWS TO BE MADE IN THE NEAR FUTURE WAIT FOR A WEEKLY BREAK OF THIS COUNTERTREND LINE TO GO SHORT FOR A LONG TERM
USDCAD -61.8% EXTENSION FULFILLED REACHING THE WEEKLY LOW FALLING WEDGE ON THE 1 HOUR AND 2 HOUR CHART INDICATES A BULLISH REVERSAL COMING SOON SEVERE 1 HOUR AND 2 HOUR MACD DIVERGENCE ENTRY NOW OR UPON A BREAK OF THE TL OF THE WEDGE TO GO LONG ALL THE WAY TO 1.31500 MASSIVE RISK/REWARD HERE WORTH THE RISK AGAINST THE TREND
GOLD IN MY PREVIOUS POST TARGET 1220 AND LOWER MAKING ITS NEW HIGHER LOW XAUUSD SEEMS TO BE HOLDING FIRMLY ABOVE 1200 SUPPORT ALONG WITH A BULLISH ENGULFING REVERSAL PATTERN ON THE DAILY WILL REACH 1300 AND HIGHER! AWAITING A PULLBACK TO 1239-1240 WITH THE 50EMA AND PIVOT SUPPORT TO ENTER LONG
USDCAD FULFILLED -27.27% FIB LAST WEEK 1.31000 AREA SEEMS TO BE ACTING AS STRONG DAILY RESISTANCE ALONG WITH THE 200EMA DXY SHOWING SEVERE DIVERGENCE TO THE DOWNSIDE LOOK TO SELL UPON A PHASE LINE BREAK SHOWN 3:1 RISK REWARD TO KEY LEVELS 1.28300 AND 38.2% FIB HAVE A NICE DAY
EURUSD SEEMS TO HAVE BROKEN THROUGH IMPORTANT DAILY SUPPORT AT 1.11200 INDICATING WEAKNESS ALSO LOOKS TO BE BREAKING ITS ASCENDING CHANNEL! DOLLAR INDEX LOOKS STRONG WITH YELLEN INDICATING RATE HIKES BEING PROBABLE NICE SETUP FOR SHORTS TO WEEKLY SUPPORT AT 1.1000 AND BEYOND TO 1.08250
STRUCTURE SUPPORTS LOWER LOWS TO BE EXPECTED HERE 38.2% TREND LINE 1.1150-1.1170 REISTANCE PIVOT ENTRY& 50 EMA
EURJPY REJECTING KEY LEVEL OF RESISTANCE 61.8% FIB REJECTION WEEKLY/MONTHLY SHORT BIAS NEW LOWS EXPECTED BEYOND 120 LEVELS
ANOTHER CONFIRMATION TO MY PREVIOUS BIAS GOLD LAST WEEK DOUBLE TOP REJECTION FROM THE 38.2 FIB LEVEL INDICATES WEAKNESS WE HAD A TREND LINE BREAK LAST WEEK AND NOW SEEMS IT WILL MAKE FURTHER DOWNSIDE MOVES OFF THE PIVOT POINT FROM LAST WEEK TARGET 1220 AND BELOW
GOLD HAS POTENTIAL FOR ONE MORE DOWNSIDE CORRECTIVE MOVE TO 1200 SUPPORT MAKING A NEW HIGHER LOWER WEEKLY/MONTHLY NICE 2:1 RISK REWARD HERE DAILY MACD DIVERGENCE ALSO INDICATES HIGH PROBABILITY TO DOWNSIDE