EURUSD Potential sell. Pair has been consolidating since November, last week the market closed in a bearish manner indicating bearish movement in the market due to the news, price may come down towards 1.128 and a retest back up to 1.3000 hoping that price would maintain below 1.13 before placing a selll!
AUDUSD Potential sell. Daily timeframe has formed a extremely bearish candlestick last week indicating that there could be a bearish push. However we could expect it to form a bullish daily closer up towards the resistance at 0.7150 before price breaks and comes down towards 0.7050-0.6900
GBPUSD potential buy, bearish candle has hit the support line Possible bullish bounce towards 1.8030- 1.82600 following the trend, supported by moving average,Support and resistance confimation and upwards trend.
EURJPY Potential sell. Has formed a bullish candlestick coming out consolidation zone and has now come back into the zone hoping to see bullish movement price towards the support line 124.30 and 124.00. Supported by downwards sloping moving average.
FXSTREET Trend index (bearish)
GBPUSD Potential buy looking @ 4hr interval, Possible bullish price movement towards the resistance line (B) around 1.2930 - 1.3001 following the upward trend. Has already hit 1.3001 once on the 17th of January just touching the zone and retest back down hitting support line(A) at 1.2831. However if US Dollar continues to strengthen we may expect a retest.
EURUSD Potential sell: Downward trend Possible bearish price movement towards the support line at 1.1353. Also supported by new, German PPI declined by 0.4% the first decline since February 2018. EURUSD started the trading week with small gains.. FXSTREET Index (bearish trend)
USDCHF Potential sell: Rising trend this pattern is still in the process of forming. However there is bound to be a Possible bearish movement towards the support line at 0.9805 (A) within the next couple of days. Hold your horses guys #AllBullMarketsMustEndBadly....
EURUSD Potential sell: There has been a lot of consolidation lately, However looking at 1hour time frame chart seems to be a possible bearish movement towards the support line (A) at 1.1371 You can see that it has been consolidating around the resistande and has already hit resistance (B) at 1.1400 about 3 times in the past day so should form pattern and hit...
GBPUSD Possible rise to 1.30, depending on Brexit vote on Tuesday at 19:00. Form technical perspective the Pound is looking increasingly bullish against the Dollar and could potentially climb higher and rise to 1.30 but we need to be wary of the results of this weeks Brexit vote for Poundss.
The move higher after the break of the trendline could rise to as high...
USDJPY Potential sell: Supported by 4hr Downward sloping trendline. FXStreet news stating that DXY is down by 0.25%. Possible bearish movement hitting support line at 109.492 following the trendline. Could then potentially retest back up.
USDCHF Potential SELL: Supported by 4hr Downtrend sloping trendline. Red candle formed cutting through my zone and hitting resistance line at 0.9875, Possible bearish price movement towards the FXSTREET support line at 0.9791 within the next couple of days.