Looks like a bull flag in the making, Might take some time to materialise.
Lets see if this scenario works out. Pretty sure that correction is on hand but long term I am bullish on EURO and USD oh both can go up but in turns
Looking interesting here, lets see if it repeats history! Time scale doesn't matter only price matters.
Taken a short here also, short at 141.20 and 1st target 131 and 2nd target 125.
Went short around 168.45. 1st target 160 and then 157
Lets see which count plays out, A lot of data next week so we will get the clear picture soon.
EurGbp looks long to me, Just waiting for my 4hr system long signal!
Might be good area for a long, Target in the range of 9320-9350-
Coming towards the 2009 highs, where it should pull back, and a pull back for this pair means 800-1000 pips. This trade also aligns with gbpjpy trade. I will be looking to enter once my 4hr system confirms the weakness. Good Luck! and again R:R is great for this trade. This analysis is done on weekly chart that you could see the bigger picture here.
This one also coming against multi year resistance on weekly bases, although it has tried to break it but Pound is expected to be a bit week going forward so I think this will come down to 16900 area and there I will see at what level the gbpusd trading!
Another short is brewing and this time its GBPJPY. It had a great run and now coming against multi year resistance and I don't think it will break at 1st attempt so a good pullback is expected. I can't give exact levels but those circles indicate my intentions. Good Luck.
Will this be too much to ask, It seems like that this is on its way to 9470 area!
I started to build up position into this few weeks back, My average is now 108.40 , Trade is based mainly on seasonality and past price patterns. Good Luck
I am still bullish on AUDUSD, Still expected to get to at least .9950- parity area. I hope to give out specific levels once I clarify with my new partners. Good Luck
Again another short is shaping up with good R:R. Only price matter, time scale doesn't matter. This is expected path but could change anytime depending on price action. Another update will be given if price follows the path and get to 155-157 region.
Even though AUDUSD looks week but I still expect this scenario to play out. Again R:R quite High. I think AUSSIE will get to .99- parity level and then a Rate cut will bring this down under .85 some time next year. Pls consider this Idea with a pinch of salt as my last AUDUSD trade was not profitable!