Bullish trend developingBuyers have shown interest in GBP over past two weeks. Expecting the trend to continue. We are very close to the bottom on higher time frames.
Waiting for price to reach bottom of correction or reach trendline.
Newtrend
AUDUSD long ideaWeekly T.F: Break of the weekly trend line which predominates for the entries in the short and the confirmation of the possibility of the break of the trend and the new uptrend + 78.6% of fibonacci which confirms slow backward movement.
Daily T.F: Double floor + bullish emas with ema of 21 subtracting in support area 0.715 + 61.8% correlated fibonacci and fibo extension at -61.8% close to a monthly resolution of 0.755
Order
Buy order in 0.71575
Sl: 0.70874
Tp: 0.7439
R: 1: 4
USDJPY makes moves to downsideAfter a horrible week of news for the DXY expect the heavy bullish trend to end. JXY is showing strength and technical analysis already has USDJPY in a Bearish trend beginning. Look to place shorts on this pair as the trading week begins.
XRP/BTC Trade ZoneWait btc sideways and altcoin can make new trend bullish, you can scapling or hold for long term, i'm just try to predict "How to trade in XRP/BTC.
Good luck!
USDCAD DAILYDowntrend broken, this could be the start of a bigger picture bullish trend we have for this pair. Next Supply zone to look out for is the 1.29100 area, where I will look for a break above that zone or a rejection for a pullback to create a higher low, so price can build some momentum & break to the upside!
USD/CHF SHORT 123We have got short 123 setup :)
Reasons for short:
Support acting as a resistance
Resistance Trendline
EMA
We are waiting for solid bearish PA!
Talk to you soon,
Marjan
Forex Swing Traders
XUAUSD - Neutral but Possible shortOur bias is currently Neutral but until the 4hr 50/60 ema is cleanly broken and re-testest as new resistance then its in a neutral stance, IF however the prior mentioned happens then the stance will be bearish.
xauusdwe will see more up to gold .
we are now breakout channel in weekly chart :) .
we are breakout downtrend .
AAPL looks bearish & could break to downside of 120 Looks bearish here as it has b/o to the downside of the intermediate upward trendline from 4/14'. It also just had an outside bearish engulfing week 2 weeks ago and has been trending lower as it is testing major support lvls. Also has been in a consolidation range for almost all of 15' & can't seem to break out to new highs which this consolidation could actually be distribution. if it breaks thru the next support pivot lvl. at 120.39 which is the .23% Fib ret. lvl. from the 4/14' intermediate trend then it could be headed lower and start a new bearish trend w/ a tgt.#1=115 & then tgt.#2=111.64. Lvls. to watch also are the 200 dma at 120.21 on the daily & 119.22 which the most recent lowest pivot support lvl. As always watch volume for confirmation.
