Forextargets
GBPAUD Short the S****Short this resistance level and support level in place, ichimuku in place for this one.
Comment below to let us know what you think!!
USDJPY LONGThis is a long trade which we are going to trade on the other hand there is a ascending channel the the USD/JPY just broke on the chart giving signals or selling but with this we will stick with long
Technically, however, the Yen appears to have something of an advantage now. USD/JPY has slipped quite dramatically below the strong, newish uptrend channel that had previously bounded trade since September 7.
EUR/CAD Sell shortHere we have the EUR/CAD on the ichimuku chart we feel that this will be a bearish day for the EUR
we feel that this will fall down to around 400 - 700 points.
Comment if you feel different
GBPJPY - Peter Kani " Pips come to Those who wait "I want to be patient with this pair as in my view a big swing is eminent, the reaction in the areas of TP1 and TP2(as on chart) circa. will clear up crucial issues between Bear/Bull camp. Entry 143.87, SL @ 144.45
USDCHFHello Guys,
We reached to our 3 targets in last USDCHF analyse,now i want to show you bigger picture in this chart.
As you see i have an ultimate target around fib 38% but for reaching there we have to walk in order two one of these two chart:
Good Luck
usdjpy sell trade usdjpy sell setup from 110.800 level, expecting nice drop on this pair with a 39 pips SL for a potential target of 160pips
usd yen long from what I see this pair is going long with tps marked in orange overall good trade if you bought this pair at a good cheap level If not I would wait this out or buy into once we see some sort of correction take place
regards
kris
www.mymentortv.com
GBPUSDI think price formed and ABC pattern and is not breaking out. I think its retesting trend line, then it will go up to the first TP then it will either break the TP 1 then go to the Daily resistance.
AUDNZD Potential Pull Back and RallyAUD has rallied and if a nice pull back occurs, it could be heading north. I would suspect a pull back to retest the previous support. Would make a good bullish entry if it decided to retest and continue to move higher.
EURUSD (Daily chart)I think that price has met the daily trend line and daily S/R level. Expecting it to fall and meet the levels and eventually fall all the way to meet the daily bottom trend line.
EURAUD on strong resistance, time to start sellingSell below 1.4810. Stop loss at 1.4881. Take profit at 1.4693.
Reason for the trading strategy (technically):
Price is testing major resistance at 1.4810 (Fibonacci retracement, Fibonacci extension, bearish channel resistance) and we expect a drop from this level to at least 1.4693 support (Fibonacci extension, horizontal swing low support).
Stochastic (34,5,3) is seeing major resistance below the 97% level where we expect a drop from.
Correlation analysis: We’re expecting overall EUR weakness today as seen in EURUSD bearish move. We’re also expecting AUD strength today as seen in AUDUSD bullish move. This combines well for a EURAUD bearish move.
AUDNZD bouncing up perfectly, remain bullishBuy above 1.0766. Stop loss at 1.0695. Take profit at 1.0896.
Reason for the trading strategy (technically):
After making its bullish exit of our long term descending resistance-turned-support line, price has started to bounce really nicely above our buying area. We remain bullish above 1.0766 major support (Fibonacci retracement, horizontal overlap support, bullish exit) for a push up to 1.0896 resistance (Fibonacci retracement, horizontal overlap resistance).
RSI (34) is seeing strong support above our ascending support line signalling that a further rise is expected.
To read about the daily technical analysis strategies in more detail, you can check them out here : www.theforexarmy.com
AUDNZD bouncing up perfectly, remain bullishBuy above 1.0766. Stop loss at 1.0695. Take profit at 1.0896.
Reason for the trading strategy (technically):
Price has started to bounce really nicely above our buying area. We remain bullish above 1.0766 major support (Fibonacci retracement, horizontal overlap support, bullish exit) for a push up to 1.0896 resistance (Fibonacci retracement, horizontal overlap resistance).
RSI (34) is seeing strong support above our ascending support line signalling that a further rise is expected.
Is Non-farm Payrolls and the ECB are the keys to Market Moves?EURUSD Daily Technical Analysis - Is Non-farm Payrolls and the ECB are the keys to Market Direction?
Will US Dollar taking control the EURO Markets on NFP day?
Hints: FOMC members to prepare the market for a rate hike on March 15 2017
EURUSD Trading Forecast for February 7, 2017Current decline we see suggests that EURUSD did topped at its 50% fibonacci correction. Price already broke past the yellow channel's outer boundary which means that the trend is bearish once again.
Happy trading everyone!
AUDJPY testing resistance, remain bearishSell below 86.52. Stop loss at 86.75. Take profit at 85.63.
Reason for the trading strategy (technically):
We remain bearish below 86.52 resistance (Fibonacci projection, Fibonacci retracement) for a drop to 85.63 first (Fibonacci retracement, horizontal overlap support).
Stochastic (21,5,3) is seeing a nice reaction off our 94% resistance level.
TengkuFibo will buy the stock EURUSD?Market price has reach the support level which is my entry level for buying the stock market @ 1.0112
and will exit the market level @1.10808 which is my pullback line level.
Calling for all trader for buying the stock entry
@1.10112 option1
@1.09948 option2
@1.09223 option3
Please exit market level @1.10808
