GBPAUD: Bearish Continuation
GBPAUD is trading in a local bearish trend.
Yesterday the price has violated a strong 4H structure and this morning we see a retest.
On hourly the price has formed a double top on that and just closed below its neckline.
Now I expect a drop.
1st goal - 1.78935
the price can go even lower,
so keep the portion of your position for potential continuation
Swing-short
CAD_JPY WILL GO DOWN FROM RESISTANCE|SHORT!
CAD_JPY has reached a strong resistance
After a powerful rally Up from support
Now, the pair seems overbought
And shows weakness on the lower timeframes
Therefore, I expect CAD_JPY to fall
To retest the rising channel support
Short!
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EUR-JPY bounced from resistance, will fall more! Sell!
Hello, Traders!
EUR-JPY bounced from the resistance line
Just as I predicted in my previous analysis
I think it will go further Down
Following this nice bearish reaction
To retest the support, and to see
If the market wants it to go Up again.
Sell!
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CADJPY: Time to Fall
CADJPY is trading within a major sideways consolidation range on daily.
Last week its resistance was reached and chances are high that the price will start falling.
As a confirmation, on hourly, the price has set a lower high after a strong expansion.
I will expect a bearish move at least to 71.0 level (just a couple of pips above)
GOLD(XAU-USD) RESISTANCE AHEAD|SHORT
GOLD had a rally Down, then a really Up
Now, the precious metal is trading below the resistance area
And I think it will bounce off it and go Down again
As it did many times before
Therefore, wait till Gold reaches resistance area
And go short from there.
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CAD-JPY near strong Resistance. Sell!
Hello, Traders!
CAD-JPY came close to the strong horizontal resistance
I think it will go a bit higher, to hit the wedge resistance as well
But from there, it should fall
To at least retest the support of the wedge
Short from resistance.
Sell!
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EUR_JPY FALLIG TO SUPPORT|SHORT
EUR_JPY went up from the support
Just as I predicted in my previous analysis of this pair
Now, EUR_USD is falling from resistance confluence
To retest the same rising support from which it went up
As it seems the pair lacks strength
Short!
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NZD-CAD will fall from resistance. Sell!
Hello, Traders!
NZD-CAD is testing the resistance line again
I expect it to be respected
And therefore I am bearish on the pair
It will most likely go Down
To retest the support
Sell!
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GBP-USD will collapse from resistance. Sell!
Hello, Traders!
GBP-USD is trading in a vaguely defined rising wedge
And is currently still hovering around the resistance
However, it is overbought in my opinion
And,given the fact that it is now facing a confluence of resistance levels
I expect the pair to fall sharply to retest support
Sell!
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NZD-CAD close to resistance. Will fall.
Hello, Traders!
NZD-CAD is approaching strong resistance
But the rally has been too strong
And the pair is clearly overbought
So I expect it to fall
To retest the declining support line
Sell!
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NZD-USD on the last leg.OVERBOUGHT. Will Fall!
Hello, Traders!
NZD-USD is stubborn and is unwilling to fall
Yet, The resistance confluence it is trading below
It too strong to be broken
Also, the pair is clearly OVERBOUGHT
Thus I remain VERY bearish
Sell
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