EUR/AUD SHORTComing from a new Peak Formation , we are looking for a break of structure at 1.56000. If we can break below this we will be going short on this pair and looking to take it to 1.54300 as our target..
Fxntrading
AUD/JPY LONGSo on this pier we are looking for strength of AUD OVER JPY , coming off a brand new peak formation that also tagged previous hire timeframe structure
AUD/USD SHORTWe are looking at US dollar strength if we can break below 0.66700 since were coming from a brand new peak formation we should be looking for sells .. If we cannot break this level then we would be looking at a reset and dollar weakness
EUR/JPY Confirms New Reset We have broken previous peak formation low and we look to have more selling pressure. I expect to see more selling on this pair to at least cover over 3x its own ADR .
USD/CAD SELLS AFTER NEW PEAK FORMATION As you can see a new peak formation has been created and we are now looking for sell. So as you saw with the Fed Chair Powell hinting that Fed could begin to pivot and perhaps a lower then expected interest rate hike coming in DEC 14th .. cause the US Dollar to weaken and now we can confirm a new PFH has taken place ... We look to take sell setups on USDCAD ..
USD/CHF Confirms New RESET So as you saw with the Fed Chair Powell hinting that Fed could begin to pivot and perhaps a lower then expected interest rate hike coming in DEC 14th .. cause the US Dollar to weaken and now we can confirm a reset has taken place ... So we are interested in looking for sell setup until we at least get to a 4hr TF structure and over 3x ADR ..
EURGBP LONG EURGBP has broken above the 0.89600 area. It was currently stuck in a structure of 0.88900 70 pip range. I look for a Longer term movement towards the 0.92700 area. Of course this would take time to get there but offers a very good risk to reward ..
GBPAUDwe are at a good resistance area and could be forming a double top as well.. look for potential sellers to come into the market..
GBPCHFThis Pair is in a ranging market at a resistance area look for selling to coming and drive price back down
USDJPYwatch for a sell set up once the retracement is over .. we are in a downtrend and we look to continue this to the bottom ..
gbpaudwe look for this pair to move down to support of 1.600000 once there we are looking for this pair to go long and break the trend line.. once broken we look for the retest and wait for the long move 1.750000 area or above that..
gbpusdWe are looking for this pair to finish this current move to support an then to make a strong move to the upside.. this pair has been ranging since 10/2016 . we are looking to go long on it gets to support of 1.199xxx but also break the range that this pair is currently in ...
gbpjpyCurrently this pair is in a pendant wedge we are look for this to break and go long as we also see divergence on the RSI as well.. we look for this pair to make a move to structure and to resistance of 163.xxx
EURUSDwe are looking for this pair to go short after a retracement to either the 50% or to the 61.8 % on the fib.. from there you can enter in a short on the pair and hold it to major support area of 1.03xxx..
EURAUDLooking for potential reversal on this pair as it is hitting a major support area and indecision is forming .. in order for this trade to be valid we would need a close with a strong bullish candle at 1.37345 good 1:4 risk to reward
eurgbpwe look for sellers to drive price down to structure of 0.849xx.. buyers have been rejected from resistance of 0.862xx for the 3rd time..
usdcadwe are looking for this pair to have sellers come into the market and drive price down after a short corrective move which is doing this now..this pair has broken out of the channel that it has been in since 05/16... 1.28xxx looks to be a good support for this pair..
eurjpycurrently we have indecision at a form of support that has been holding since 12/16 and bottom of trend line we are looking for the trend line to hold and for buyers to com into the market
AUDUSDwe are looking for this pair to go short and complete the M formation.. we are looking to take a 1:2 risk reward and go to 0.757xx..
