USD/CNH - BULL FLAGCheck this bull flag formation on the 1 month chart. Giving us a couple of days of long positions.
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Forexpower
GBPAUD BullishPrice can break the 1.83200 resistance and reach 1.8400 Weekly Key level which is respected many times and considered as a strong zone.
For now the pullback of last support has been happened already, we didn't enter there due the weekend which is not recommended as it gets risky.
We waiting happily with loaded guns for next entry confirmation near 1.8400 Weekly key level. If price fails to break this level and shows us clear rejection signals, we go short!
GBPUSD go short.Hi everyone ! Today I am gonna give you my GBPUSD analysis.
What I see now on the 4H and 1H chart is bearish divergence. For me It means go short on 1.2823 for sure.
Enjoy your life and follow me !
For Educational Purposes Only.
Forexpower Week 22 (May 25-May29) SHORT:EURUSDLast week was a killer week for USD and EUR, Where USD was killer strong and EUR was weak toward ALL other currencies. My Forepower algorithm (described earlier) gives us this as a winner pair.
So the week to come use your favorite setup and go short term: SHORT on EURUSD
Badly formated currency matrix.
EUR USD GBP JPY CAD AUD NZD CHF TOTAL
EUR -1 -1 -1 -1 -1 -1 -1 -7
USD 1 1 1 1 1 1 1 7
GBP 1 -1 -1 -1 1 -1 1 -1
JPY 1 -1 1 1 1 -1 1 3
CAD 1 -1 1 -1 1 -1 1 1
AUD 1 -1 -1 -1 -1 -1 0 -4
NZD 1 -1 1 1 1 1 1 5
CHF 1 -1 -1 -1 -1 0 -1 -4
One other pair I will keep an extra eye on this week is AUDNZD and looking for short there as well
