jpeacockfx

jpeacockfx Updated 

Analysis: Bullish Confluences Recent breakout of longer term downwards trend In an upwards trend Retesting an area of significance 50% fib retracement level touched Bullish pennant pattern formed & broken out of The NZD is the 4th strongest major currency whereas the CAD is the 3rd weakest major currency 5K long position increase for the NZD 2K short...

jpeacockfx Updated 

Analysis: Bearish Confluences Recent downwards trend formed Retesting an area of significance Downwards trendline touch Broadening descending channel formed 1K long position decrease for the CHF 6K short position increase for the CHF 1K long position increase for the JPY Recent CHF news has been bearish Bullish Confluences The CHF is the 4th...

jpeacockfx Updated 

Analysis: Bullish Confluences In an upwards trend Retesting an area of significance In the fib retracement "golden zone" Upwards trendline touch Broadening ascending channel formed 5K long position increase for the NZD 2K short position decrease for the NZD Bearish Confluences The NZD is the 4th strongest major currency whereas the USD is the...

jpeacockfx Updated 

Analysis: Bearish Confluences Strong downwards trend Retesting an area of significance 50% fib retracement level touch In a descending channel 1K long position increase for the USD 1K short position decrease for the USD Recent USD news has been bullish Bearish Confluences N/A Stay Safe - The JPI Team Please feel free to leave any comments you...

jpeacockfx Updated 

Analysis: Bullish Confluences Recent upwards trend Recent breakout of longer term downwards trend Failed to put in a lower low and instead put in a higher high Retesting an area of significance Fib retracement "golden zone" Previous downwards trendline retest for support The EUR is the 2nd strongest major currency whereas the CHF is the 4th weakest major...

jpeacockfx Updated 

Analysis: Bullish Confluences Emerging bullish momentum forming Failing to break below recent lows New recent highs are being broken Retest of a key support level 61.8% fib retracement level lines up with our area Touching a longer term and short term upwards trendline Broadening ascending channel present (blue lines) Longer term bullish pennant pattern...

jpeacockfx Updated 

Analysis: Bullish Confluences Longer term bearish trend broken Recent strong bullish strength Retesting an area of significance 38.2% fib retracement level lining up Falling wedge pattern completed The NZD is the 4th weakest major currency whereas the CAD is the 3rd weakest major currency 3K long position increase for the NZD 3K short position decrease...

jpeacockfx Updated 

Analysis: Bullish Confluences Strong upwards trend Retest of a key support level Broadening ascending channel present Upwards trendline touch 3k long position decrease for the USD Stay Safe - The JPI Team Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read and responded to. We...

jpeacockfx Updated 

*This post is slightly late as this move was so sudden, however this setup is still valid* Analysis: Bullish Confluences Strong upwards trend Massive wick rejection Retesting an area of significance In an ascending channel Upwards trendline touch The CAD is the 3rd weakest major currency whereas the JPY is the second weakest major currency 17K short...

jpeacockfx Updated 

Analysis: Bullish Confluences Recent upwards trend Longer term downwards trend broken Retesting an area of significance Fib retracement "golden zone" Bullish breakout of symmetrical triangle Upwards trendline present Previous downwards trendline retest 3K long position increase for the NZD 3K short position decrease for the NZD 1K short position...

jpeacockfx Updated 

Analysis: Bearish Confluences Strong downwards trend Retesting an area of significance 61.8% fib retracement level In a descending channel Downwards trendline touch Recent USD news has been bullish The AUD is the second weakest major currency whereas the USD is the strongest major currency 11K long position decrease for the AUD 7K short position...

jpeacockfx Updated 

Analysis: Bearish Confluences Recent downwards trend formed Longer term upwards trend broken Retesting an area of significance 61.8% fib retracement level Head and shoulder pattern forming 1K short position increase for the USD 17K short position decrease for the CAD Recent USD news has been bearish Bullish Confluences The USD is the strongest...

jpeacockfx Updated 

Analysis: Bearish Confluences Longer term downwards trend Retesting an area of significance The NZD is the weakest major currency whereas the CAD is the 3rd weakest major currency 7K long position decrease for the NZD 15K short position decrease for the CAD Recent CAD news has been bullish Bullish Confluences 1K short position decrease for the NZD ...

jpeacockfx Updated 

Analysis: Bearish Confluences Strong downwards trend Retesting an area of significance In the fib retracement "golden zone" In a descending broadening channel Downwards trendline touch The USD is the 3rd strongest major currency whereas the NZD is the 4th strongest major currency 2K long position decrease for the NZD 2K long position increase for the...

jpeacockfx Updated 

Analysis: Bullish Confluences In an upwards trend Retesting an area of significance 61.8% fib retracement level touch In an ascending channel Upwards trendline touch 11K short position decrease for the AUD 2K long position decrease for the NZD Recent AUD news has been bullish Bearish Confluences The AUD is the 2nd weakest major currency whereas...

jpeacockfx Updated 

Analysis: Bearish Confluences Possible breakout of upwards trend Short term downwards trend Retesting a previous key level 61.8% fib retracement level touched In a descending broadening channel Downwards trendline touch 4K long position increase for the USD Bullish Confluences Long term upwards trend 4K short position increase for the USD Recent...

jpeacockfx Updated 

Analysis: Bearish Confluences Longer term downwards trend Retesting an area of significance At the top of a range In a descending channel Downwards trendline touch 23K long position decrease for the EUR Bullish Confluences The EUR is the strongest major currency whereas the AUD is the 2nd weakest major currency 2K long position decrease for the...

jpeacockfx Updated 

Analysis: Bearish Confluences Strong longer term downwards trend In the retracement phase Retesting an area of significance 61.8% fib retracement level touch In a descending channel Downwards trendline touch 1K short position increase for the USD 1K short position decrease for the CHF Bullish Confluences The USD is the 3rd strongest major currency...