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USDCHF Weekly Trade AnalysisUSDCHF > 10/8-13/17 Trade Analysis Timeframe: 1W Weak bullish trend, yet expecting to hold as break above 0.9777 has occurred. Awareness as pair approaches next major resistance @ 0.9880. Break and hold above this level can expect further rise to 0.9990 in medium term as long as pair remains above key support @ 0.9708 level during weekly range. Break and hold above 0.9990 can extend rise to 1.0030 level. Note that a firm break and hold below 0.9708 would favor reversal toward 0.9587 level. Personal bias: Bullish in medium term w/weak tendencies * Personal analysis only. Please use your own rules and strategies prior to entering market. ** Forex trading involves HIGH RISK. Before entering a trade, carefully consider your objectives, financial resources and level of experience.
by ALSM59
USDCAD Weekly Trade AnalysisUSDCAD > 10/8-13/17 Trade Analysis Timeframe: 1W Believe pair is currently in downward correction toward minor support level @ 1.2450/48 level. If unable to break and hold below 1.2450/48, expecting further rise toward major resistance level @ 1.2770/77 A strong break and hold above 1.2777/80 is needed to target 38.2% fib retracement @ 1.3065 level. Seeing mixed signals in charting, so awareness recommended that a firm break and hold below 1.2450/48 minor support level could signal short term top and bearish trend likely to continue. Personal bias: Bullish but will Stand Aside * Personal analysis only. Please use your own rules and strategies prior to entering market. ** Forex trading involves HIGH RISK. Before entering a trade, carefully consider your objectives, financial resources and level of experience.
by ALSM59
GBPJPY Weekly Trade Analysis GBPJPY > 10/8-13/17 Trade Analysis Timeframe: 1W Expecting further decline toward 144.45 level, representing 61.8% fib retracement. Expecting strong support @ 144.45 which could lead to bullish rebound toward 152.82 level, although a solid break and hold above 149.73 level is needed for confirmation that trend reversal is underway or is just a false break in test. For continuance of bearish trend, a solid break and hold below 144.45 may serve as signal to open path for further decline toward next major support level located at 139.29 * Personal analysis only. Please use your own rules and strategies prior to entering market. ** Forex trading involves HIGH RISK. Before entering a trade, carefully consider your objectives, financial resources and level of experience.
by ALSM59
GBPUSD - Weekly Trade AnalysisGBPUSD > 10/1-6/17 Trade Analysis Timeframe: 1W Believe top of upward trend located at strong resistance level 1.3587 and expected to hold. From 1.3587, expecting decline to support level 1.3135 in longer term as long as price remains below top resistance. Should firm break and hold above 1.3587 occur, expect rise to next major resistance level @ 1.3915 but at this time, not expected. * Personal analysis only. Please use your own rules and strategies prior to entering market. ** Forex trading involves HIGH RISK. Before entering a trade, carefully consider your objectives, financial resources and level of experience.
Short
by ALSM59
GBPUSD - Levels to WatchGBPUSD > 9/24-29/17 Trade Analysis Timeframe: 1W Sideways trending in play with S&R levels between 1.3450 and 1.3587 A firm break above 1.3590 signals good probability of beginning of Uptrend towards 1.3910 A firm break below 1.3445 signals good probability of beginning of Downtrend towards 1.3140 * Personal analysis only. Please use your own rules and strategies prior to entering market. ** Forex trading involves HIGH RISK. Before entering a trade, carefully consider your objectives, financial resources and level of experience.
by ALSM59
1
AUDUSD - Long / Short OpportunityAUDUSD - Long / Short Opportunity 1W Timeframe Week Trade #1 This week looking for a BUY / SELL opportunity for this pair for a total target of 182.1 pips. With the Pivot Point @ 0.8009 and the Psychological Level of 0.8000 holding, along with remaining well above 0.7965 support: Phase 1 Tentative: BUY Entry Market Order @ 0.80236 T/P @ 0.81154 Believe price could go as high as 0.8190 but will take T/P at above target and begin setup for SHORT trade. Phase 2 Tentative: SELL Entry Market Order @ 0.81309 T/P @ 0.80406 S/L will follow as price moves in projected direction at rate of 10-15 pips above/below. Entries/Exits may change in accordance to further analysis at beginning of week. R3 0.8081 R2 0.8059 R1 0.8031 S1 0.7980 S2 0.7958 S3 0.7930 Updates / Adjustments / Results will be reflected in updated comments. * Personal analysis only. Please use your own rules and strategies prior to entering market. ** Forex trading involves HIGH RISK. Before entering a trade, carefully consider your objectives, financial resources and level of experience.
by ALSM59
EURUSD - Long / Short OpportunityEURUSD - Long / Short Opportunity 1W Timeframe Week Trade #2 This week looking for a BUY / SELL opportunity for this pair for a total target of 282 pips. With the Pivot Point @ 1.1945 and holding above the critical 1.1915 level: Phase 1 Tentative: BUY Entry Market Order @ 1.1960 T/P @ 1.2085 Believe price could go as high as 1.2140 but will take T/P at above target and begin setup for SHORT trade. Phase 2 Tentative: SELL Entry Market Order @ 1.2133 T/P @ 1.1976 With a clear break and hold below 1.1915, price could go as low as 1.1817 but will take T/P at above target and establish updated analysis before further trading if any. S/L will follow as price moves in projected direction at rate of 10-15 pips above/below. Entries/Exits may change in accordance to further analysis at beginning of week. R3 1.2075 R2 1.2032 R1 1.1988 S1 1.1901 S2 1.1857 S3 1.1814 Updates / Adjustments / Results will be reflected in updated comments. * Personal analysis only. Please use your own rules and strategies prior to entering market. ** Forex trading involves HIGH RISK. Before entering a trade, carefully consider your objectives, financial resources and level of experience.
by ALSM59
NZDUSD Long probabilityNZDUSD Long probability > 0.7500 Showing support @ 50% Fib Retracement Level having formed a Hammer. Firm Break and Hold above Weekly Candle @ 0.7300 signals positive probability up to 0.7500 Likely range of interest > 0.7410 to 0.7500 High volatility should be expected w/upcoming Parliamentary Elections Suggested strategy: Wait for clear break & hold above 0.7300 for continuance of Bullish trend. * Personal analysis only. Please use your own rules and strategies prior to entering market. ** Forex trading involves HIGH RISK. Before entering a trade, carefully consider your objectives, financial resources and level of experience.
by ALSM59
AUDUSD - LONG/SHORT opportunityAUDUSD - Buy/Sell opportunities 1W Timeframe Week Trade #2 Tentative: Phase 1: BUY Entry Market Order @ 0.7939 T/P @ 0.8030 Total pips targeted = 91 Phase 2: SELL Entry Market Order @ 0.8045 T/P @ 0.7890 Total pips targeted = 155 Total pips targeted for week = 246 Updates / Adjustments / Results will be reflected in comments * Personal analysis only. Please use your own rules and strategies prior to entering market. ** Forex trading involves HIGH RISK. Before entering a trade, carefully consider your objectives, financial resources and level of experience.
by ALSM59
EURUSD - LONG OutlookEURUSD - Bullish 1W Timeframe Week Trade #3 Tentative: BUY Entry Market Order @ 1.1928 T/P @ 1.2038 Total pips targeted for week = 110 Ref. 1 : A clear break & hold above 1.2080 will signal that Bullish Trend can continue up to 1.2330 in longer term. Ref. 2 : A clear break & hold below 1.1730 will signal that Bearish Trend has resumed. R3 1.2154 R2 1.2049 R1 1.1986 S1 1.1817 S2 1.1710 S3 1.1648 Pivot Point = 1.1879 Updates / Adjustments / Results will be reflected in comments. * Personal analysis only. Please use your own rules and strategies prior to entering market. ** Forex trading involves HIGH RISK. Before entering a trade, carefully consider your objectives, financial resources and level of experience.
Long
by ALSM59
2