The wave trend indicator has crossed above and the squeeze momentum indicator turns bullish as well. The price action suggests back to back bullish candles which looks good to reach a new swing to the upside.
Ripple/Dollar approaching another interesting level and the momentum indicator looking to curve to the bullish side. Might well just retest the previous swing high.
USDJPY has been hoovering around for a while now. The nearest levels I see is 110.575. With confluence of price action as the bullish momentum is getting weaker I think it might be a goof idea to short this pair. TP - 110.574 SL - 114.480
The trend line has been creating a nice impact on the price . Looking forward to another move to the upside as it has been forming a series of higher lows. TP - 1.09295 SL - 1.05292
Not saying that AUD would gain strength significantly, but a short term to test the highs look promising. Since 0.7700 is the resistance, hoping for price to retrace closer to 0.7600 again before entering into a long position
Consolidate 2 weeks. Potential break of trendline and targeting 1.3100 then evaluate further if 1.3200 is potential
Up trend is still intact since last week. Intraday trade posted in post. Now waiting for price to go further up
Between 1.2900 and 1.2950, is the current support level. Unless it fails, would be looking for long opportunities. Strategy: T&RT Level 1.2950 Targets: 1.3100 1.3180 1.3250
Over the next couple of hours, if price were to close well below 0.7575, high chance the down flow would happen. Good region to find a short would be between 0.7545 and 0.7575
Look for setup in LTF to sell Same 2 levels to target: 0.7400 0.7330
It's about 3 months plus to the end of the year. Would we see 1.0500 for FX:EURUSD soon? We are about 700pips off from this low. 1.1100 is now the key support. If broken, we are looking at point B which is around 1.1000. Then we shall see how the market consolidates to form point C and eventually a big break to go all the way to point D.
Let's see if it is resisted and comes down.
Might be a good day to long USDJPY. It has been more than 5 days of consolidation, enough to build up the upward momentum.
Last attempt to go long did not work out as price is still stuck in range. Be patience and wait for more information.
I could not find the right timing to short AUDUSD yesterday, partly the mind was more inclined to go long on EURUSD. Generally, USD pairs are on the down move. Continue to look for Sell in LTF
12-Sep Mon: Possibly sidewards consolidations then a break above 103.50 should signify new upward trend