forexandi

forexandi

We have been in an uptrend for some time but we are now seeing some consolidation. We have a double top so could this be a reversal or a bull flag? Expecting to see more strength from the Euro so looking to buy on a break of the double top but may well take a short if it breaks support.

forexandi

1.203 is a key level of resistance going back to 2005. Looking for a quick long off the upward trend line to that level

forexandi

With oil prices likely to increase because of Hurricane Harvey, and improving economic picture across Canada and continuing political and economic concerns around the US I'm looking for the CAD to strengthen against the USD. I'm looking for a break of the long-term upward trend line, retest and a possible target around 1.19 from previous levels.

forexandi

I think the short term downtrend on the EURGBP is a correction as the Euro should continue to get stronger. Looking for a bounce off of near-term support and a break of the downward sloping trend line for a long.

forexandi

Looking for another attempt at a AUDUSD. Due to North Korea I anticipate a risk off environment on opening which should push the Aussie dollar lower but and then looking for a bounce off the recent trend line.

forexandi

The AUDUSD is in a consolidated range at the moment with the top of that range being previous major support turned resistance. Looking for either a pullback and break or a straight break of the upper consolidation range for a long.

forexandi

Fundamentally we could start to see strengthening in the Euro temporarily so I am looking to long off of this key level

forexandi

We have a classic reversal pattern of a pin bar rejection of a key level

forexandi

AUDJPY Approaching a key level which has been rejected numerous times. Also supported fundamentally due to recent weakness in the Australian GDP figures

forexandi

Looking to short from previous strong resistance and 38.2% from recent strong downward move

forexandi

With minimal USD news this week and recent OPEC agreement looking to short on oil strengthening and a break of recent support.

forexandi

Looking to short around 1.285, previous support now resistance plus 61% retracement from recent downwards move

forexandi

Looking for the pound to strengthen and then to short around 1.78 which will be a confluence of previous resistance and 200 moving average. It's also around the 38.2% retracement since the trend in May.

forexandi

Looking for a bounce off of the 0.8325 level, historically an important area of support/resistance. May rethink depending on Italian referendum result as this will cause euro weakness

forexandi

May well short on opening as we are at a key level now, but should it break looking to short at 38.2% retracement.

forexandi

AUDJPY approaching strong resistance which has been rejected 4 times previously. Looking to short back down to rising resistance level

forexandi Updated 

Great risk reward opportunity, bounce off the 112 backup to recent highs

forexandi

Another opportunity to long off of the rising channel support, initially look for 0.72 as target but could go much further