tunde4u360

tunde4u360

UK100 is an uptrend from the daily chart, we can see an established up trend already and it will be good to join the flow, but not untill we have a pullback into the trend line and price bounce off the trend line then we become buyers, but if price breaks and close below the trend line might change our bias .

tunde4u360

Eurchf trading into a supply and a trend line zone on the weekly chart, the next direction of this market would be determine on what happen next at that confluence zone, are we going to get a strong bounce off or strong break? we wait and see our things unfold in coming week. Have a profitable trading week.

tunde4u360

We can see a very strong up trend on eurusd and this trend can still present lots of trading opportunity if you are not already in, we like to see a break above the near term supply zone and a little pullback, US dollars right now is still very weak and EURO is showing signs of strength which support the entire structure right now.

tunde4u360

Right now price is trading side ways forming a channel in that process, a break above or below would be very explosive

tunde4u360

A break above the neck line would open more upside for this pair

tunde4u360

still bullish on nzdusd, price is trading into a supply zone and it is an important level for this market right now, i am anticipating a break above that level, once price is able to break above the supply zone next target might be the 0.7018 level, but lets sit back and watch how things unfold in coming week.

tunde4u360

right now USD is very weak and JPY very strong, that makes this pair a perfect pair to short, which is also been confirm by the technical analysis,

tunde4u360

this is another market i will be monitoring during the week, also i am bearish on this pair and my trading plan is to wait for a retest of the 139 or 141 levels and especially the 141 level would be a good place to short this pair

tunde4u360

I am very bearish in this market looking for selling opportunity, lately JPY has been very strong in the market while GBP showing signs of weakness already, on the H4 chart a pullback into the supply zone will be a good place to short this pair but until then we watch how things unfold during trading week

tunde4u360

Still bearish on crude oil and looking for selling opportunity, now on the H4 chart we see how price broke below the trend line and trading at $81 but there is possibility for the price of crude in the international market to drop to $70 and even $60 in coming months, and right now to be a seller in this market for more conservative traders might want to wait for...

tunde4u360

still bullish on GBPUSD, the trading plan is to wait for the pullback into the 1.1893 zone where we have both the trend line and support level, going to look for buy setup there but if price broke and close below the 1.1893 zone that might change my bias from bullish to bearish.

tunde4u360

Brent crude trading at 79 dollars right now, and as long as price remain below 85 dollars i remain bearish, another retest of the 85 dollars zone and a bounce off would be a nice time to sell on brent crude

tunde4u360

i am bullish on gold, and looking for opportunity to be a buyer, a pullback into the near term support level would be a good place to buy but if we don't get the pullback and price just break above the resistance level strongly then i use my breakout entry strategy to be a buyer.

tunde4u360

this is another interesting market right now, price broke and close below the trend line and support level and as long price keep trading below this levels i remain bearish, but timing is everything, to sell this market we are anticipating price to retrace into the broken support and trend line and at that level we also have the psychological number there...

tunde4u360

i am very bullish on nzdusd, right now price is trading between the demand and supply zone, i am anticipating a decent pullback into the demand zone and that would be a nice place to be a buyer

tunde4u360

my last analysis on audchf i did talk about the break below the support level, now price has broken strongly below the support level, more aggressive traders would have been in already but a more conservative traders might want to wait for further confirmation like a retest of the broken support level.

01:21

tunde4u360

i am bearish in this market right now on daily chart (audchf), the market has been in a down trend, and it can still offer lot of trading opportunity, right now we are anticipating price to break and close strongly below the range then we can plan our sell entry from there.