EUR/CHF - Trading in Small RangeWe can see a break of structure - followed by consolidation and indecision in the market forming this small range highlighted.
What we're waiting for is a break of this range to the upside.
Fxaxe
GBP/USD - Price flirting with 1.37 Price currently residing below 1.37 after a break above and break back under our whole level.
Are we going to see more downside movement during the week?
Or will price continue to test the upside?
Remember this pair is very fundamental - keep an eye on the news surrounding both currencies!
CHF/JPY - Latest bounce off bottom of flat channelWe've seen yet another bounce off our support level and price continues to trade in our flat channel. We're expecting bears to enter the market around this level. Stay tuned and watch this pair as we head into next week. Will we see a breakout?
EUR/NZD - Bullish run to continue if we break this level?Lovely double bottom formation at a long term key level in the market. Price currently resides at a marked key level on our charts. Will we see a break of this level? If so - clean traffic up to 1.7070!
Keep an eye on this pair - And any questions please drop me a message.
USD/CAD - Support held and bullish rally to continue?Yesterday we saw price testing our marked support level at 1.2650. We've seen this level hold and buyers takeover today with a strong looking bullish candle so far. Will price rally up to our top trendline and see a potential breakout?
USD/CAD - Break through bottom of structure imminent?We can see price is at the bottom of our structure. Will price break through this level? Keep an eye on this pair.
Any questions - my DM's are open!
GBP/USD - Another Test of 1.37We're currently at 1.37 once again. We tested this level yesterday and saw a strong bearish bounce off the level. Will we break this level today?
In yellow highlighted circles we can see all the previous tests of 1.37 and strong bearish rejections. This is combining a key level in the market with a whole psychological level that often acts as additional support and resistance.
Happy Trading!
CHF/JPY - Ranging Price Awaiting Bearish BreakHere we can see price is trading in a flat channel highlighted with the black horizontal lines and our green highlighted rectangle. Price is contained in this area. We are waiting for price to breakout to the downside on this pair.
Please drop me a message. I'll be happy to help with any forex related queries!
NZD/JPY - Break of Structure and Bearish MovesWhat have we seen on this pair?
We've seen an ascending trendline broken and retested acting as resistance.
Following this we've seen a strong bearish move.
Will price rally up to our highlighted key level before more sellers enter the market?
Happy Trading! Simplicity is Key for longer term structure!
AUD/USD - Price following our Forecast PathWe can see we predicted a break of this level and a pullback up to test the level as resistance.
We have seen this. Lets watch and see how price reacts at this level. Will we see further downside movement off this level?
Happy Trading!
EUR/CHF - First Sign of Reversal?We've seen our first indication of a potential reversal - a break of structure. We've marked levels in the market to be aware of if trading this pair.
Any questions - feel free to message!
Have a great trading week!
EUR/GBP - Long Term Support Level Continues to HoldThis is EUR/GBP on the Daily Chart.
We can see price has respected this level of support since May 26th 2020.
Once again price has tanked down to our support level and bulls have been sitting at our support zone - we can see price starting to move away from our key area yet again to the upside.
We can use candlesticks at this key level as extra confirmation - such as an engulfing candle, or the bullish pin bar.
Any questions, just ask!
AUD/JPY - We have seen a break of structure!We posted analysis on this pair last week on our profile expecting a break of our chart pattern. We have seen that break today! Will we continue to see downside movement throughout the week or will price retrace?
NZD/USD - Evolved Structure and LevelsWe can see price has now reversed - we expected dollar strength and this is what we're continuing to see through London this morning. Lets see how price develops on the pair through New York in around 4 hours time.
Identify key trends, key breaks, key structure levels. We're expecting more downside movement on the pair.
Happy Trading! Hope you all have a great week. Remember, any analysis questions drop me a message!
NZD/CAD - Break of Structure and Textbook B&RWe've seen NZD/CAD in a long term uptrend. We see a break of structure, a retest of a previous structure low before bears enter the market.
Look at these textbook break and retest setups and potential entries you can take to the downside! A break and retest is when price breaks through a previous low in the market, retraces and tests this level as resistance before continuing the downside move.
Watch out for these types of setups across your currency pairs!
EUR/USD - Double bottom formation at our marked key level The euro continues to resist dollar bulls by holding this level.
Long wicks to the downside in recent price on the 4HR show bulls trying to push price down and break this level but failing.
Can see price might trade in this 50 pip range for the rest of the week. However, be ready to adapt your directional bias if we see a price break down through this level.
Happy Trading folks!
AUD/CHF - More Bears in the market from 0.69New pair on the analysis page!
We've seen a long term uptrend on the pair. Price currently trading in a range with price failing to make new highs (aside from the fakeout). Will see more bears enter the market during next week.
Many AUD pairs at the top of their respective ranges including AUD/JPY - see our previous analysis on the pair!
Happy Trading! Counting down the hours until market open!
GBP/USD - More Dollar Strength on the way?Good afternoon traders, hope we all have a great weekend. Here's what GBP/USD is looking like heading into next week.
We can see price tagged 1.37 forming a triple top formation. As expected, bears enter the market and take price down over 100 pips in a 24 hour period.
Will USD strength continue into next week? Could we see price test 1.35?
USD/CHF - Bulls eye break and rally up to 0.9000USD/CHF - Daily Chart -
Our blue daily key level is market at 0.9000 whole level.
We're expecting price to break our current 4 hr level during next week and rally up to test our blue highlighted level.
The green arrow shows the potential price path the pair could make in the longer term.
AUD/USD - Break or Bounce on this 4HR key level?AUD/USD -
We can see multiple rejections of 1.78 and our trendline used as dynamic resistance twice after a break of the ascending channel.
Price currently testing a key 4HR level. Drawn are two potential price paths.
AUD/JPY - Third touch of top trendline coinciding with...A key long term resistance zone. Price is getting squeezed in this rising wedge type structure. This week we've seen indecision with increased sellers in the market at this key level. Will we see a break of structure and move to the downside?
Happy Trading. And always manage risk!
USD/JPY - Will we see this break?Another test of that upside pending for USD/JPY today. Keep an eye on this pair traders. It will give us a great indication of longer term USD movements across all currency pairs. More information? Just direct message me and I'll do my best to get back to you all!
Happy Trading!
GBP/JPY - We got our expected breakout to the upside!On the 6th January we posted the linked analysis for GBP/JPY. We have seen a break of this flat channel to the upside!
We are predicting market moves consistently before they happen!
We could see price fall to retest the top of our flat channel and form another potential buy opportunity! Keep an eye on this pair!
