All the Euros pair continues to be indecisive in its direction. I am in favor of the short side as some charts are starting to point in that direction. The interest rate for NZD was just released and it did not help the pair go any higher, indicating weaker pressure for upside. I am no currently waiting for a close of a 4h candle under the trendline to confirm a...
In order for the recent head and shoulder to be considered the top of the pair for weeks to come is for it to retrace to the right shoulder and continue making newer lows. I am in favor of this happening, as the US data has been good, also taking into account the correction needed if these USD pairs want to continue even higher. Trade with care.
Looking at the past, we see that silver is repeating the same pattern. If you are not long yet, best to wait for a correction or a sign to buy. Don't go chasing the price. Trade with care.
EURAUD havent shown what we usually seen in this pair for continuation of the downside. It is currently consolidating sideways tightly (for the timeframe it's in). This indicate to us that a potential uptrend is likely on the way. Compare this with how the AUD is doing, this euro pair can go even higher. The Eurnzd can go down, if you look at the AUDNZD. The NZD...
Take a look at the chart. This is a 15minute setup, so expect to be in and out in under 24 hours for some quick gains. I have been patiently waiting for this setup to unfold and the price is now coming right where I want it. Confluence of .50 fib A wave. .-113 of Lower degree A wave within B wave. Rsi oversold And divergence. Please do your due diligence....
This pair is currently resting on the uptrend channel on the Daily time frame. It just formed a head and shoulder pointing towards the upside. However, I believe the pair can go a little lower. Therefore wait for the break of the neckline before entering this trade. Trade with care.
I recently posted last weekend that GBPCAD can continue higher. If formed an inverted head and shoulder, but havent been showing a strong move that a head and shoulder pattern tend to. We can possibly see this setup come into play. If we do, it will be the best long entry we can imagine for the GBPCAD. I am currently long with my previous post, but if it fails,...
A huge buy is on the way. Look at the monthly chart and you will see a clear reason why. Therefore, with a bullish mindset and a determined area to go long. This setup is one possibility that price can go in order to go up. The buy will be a very long hold. Target is 1.7770 Stops is 1.6180 Long term trade means, small lot size. Trade with care.
The Eurusd is showing more shorting opportunity. Here is an ABCD setup forming. Trade with care.
It seems as tho eurgbp has finally stopped climbing. Today impulse move indicate a trend reversal. We can now wait for a retest of resistance and enter short hold. Trade with care.
This is a simple setup that may interest you. Check it out. Find a suitable entry. Manage your risk well. Have patience. And wait for the results on the other side of the trend. Peace.
GBPJPY is showing a divergence on the RSI and if we look left, we see a triple bottom for previous support. We can look for some bounce back into the resistance level. Wait for a break out first will be a good idea. Trade with care.
Look for a retracement after the break for new highs. It seems like the Euros will not give up and the NZD is the weakest right now. There will be a lot of movement Wednesday, which will probably take this pair up to the extended target at 1.27 fibs. Trade with care.
Hello Traders I am happy about every kind of feedback ;) EURUSD made new weekly lows with a strong bearish NFP-Move on Friday. He`s stuck between 61.8% and 50.0% Fib of previous two-week X-A Move after a little retrace to the upside. Still following and Respecting H4 Trend channel! Expecting him to break to the upside and follow the Longterm Trend making...
GBPCHF got its strength from CHF's weakness which is weaker than GBP. GBP also lost its strength but not so powerful to lose its total strength. GBP inflation and unemployment news released strong in last 2 weeks. This pair might see its retracement which stays 1.2550 band equals to fibbo %50 band. Might move upwards till 1.30 band which monthly Res holds and...
I'm short on EURUSD on the retest of the 4hr break in structure. If my stop gets hit I'll re-enter short around 1.1900.
This pair is showing potential down side. Let's wait for a break of the neckline. If price comes back up. We can enter short at .74550. Trade with care.
Price is starting to show a channel. We can look to get long again around 200-230 price area. Looking at the candle formation as well, suggest a down movement to this area. Trade with care.