francesgurton

francesgurton

Look for bullish rejection at: - Previous resistance (84.60) - Rejection at Fibonacci level 78.6 - Bullish rejection at the support trend line - Bullish confluence among technical indcators Also, trend following!

francesgurton

Could see some nice bullish reject at support (78.20) on the trend line as well as previous resistance levels and the 61.8% fibonacci level. Lots of confluence potentially forming. Will be keeping a close eye on this pair.

francesgurton

Price has retreated to support at 120.20. Looking for bullish rejection at this level, as well as bullish confluence among indcators.

francesgurton

Possibility for continued bearish momentum on EURCHF. Price is descending and is currently retesting previous support around 1.0950. If we see price reject this level, i believe bearish momentum could continue down to the 1.880 level

francesgurton

Ascending channel has formed prompted by recent CAD strength. Price is now at the support of the channel as is also retesting support of recent highs (0.7420 level). If the price rejects at this level, I would expect continued bullish movement on this pair

francesgurton

Potential for further downside as price rejects at previous support (0.9540). if bearish momentum continues, the price could head down to the previous resistance zone on the daily time frame (around 0.9400). The Canadian dollar has shown good strength recently which we help create bearish momentum on this pair

francesgurton

We could see price break out above the major resistance level of 1.40 after further consolidation in the ascending triangle.

francesgurton

Possibility of a break out of the ascending triangle on GBPJPY. GBPJPY fundamentally, is a very bullish pair, with help of positive economic recovery in the UK following the COVID-19 Pandemic

francesgurton

Possibility of restest of support before continuing bearish move down

francesgurton

Retest of previous support, going short in line with current trend

francesgurton

Predictions for EURJPY. Looking for retest at 130.60 and bounce at 61.8% fibonacci level and then continued bullish movement.

francesgurton

Possible short on EURNZD. The bearish continuation pattern has broken and the 4H moving average has acted as nice resistance. Price broke below support of the pattern, hoping for tome continued bearish momentum over the coming days. ECB announcements et to be bearish for the EUR, along with Europe's slow covid recovery and vaccinations while New Zealand is...

francesgurton

- Trednline touch - 78.6% fib level - uptrend and moving average confluence - Indiactor confluence - Pennant formation

francesgurton

We could see a retest of previous resistance here at 109.25 followed by rejection and continued bullish movement. Will look for: - Rejection off of previous resistance - Rejection off 61.8% Fibonacci level - Bullish confluence among indicators - In line with the current uptrend - Bullish fundamentals

francesgurton

Going to be keeping a close watch on EUR/JPY for a break in this structure. An ascending triangle appears to be forming. EUR/JPY has been a very strong pair so this will be a great opportunity to hop on this trend.

francesgurton

Possibility for a long opportunity after retest and then breakout above 87.65

francesgurton

GBPNZD retesting a key previous resistance level on the daily timeframe. A closer look at the 4H shows the price at a key Fibonacci level (61.8%). I belive we could see prince retest this level (1.9465) and continue bullish momentum. Fundamentals: - GBP is strong and over the past two weeks we have seen a slowdown in NZD bulls, which many push GBPNZD higher. -...

francesgurton

AUDNZD is resting a key level of previous resistance on the daily time frame. A closer look on the 4H chart shows price hovering around a key 61.8% Fibonacci level. We can see some nice bullish confluence on the 4H chart for a potential entry: -Support on the trendline -In line with the current uptrend and 200 day EMA - Confluence among indicators -Potential...