AbdorhmanThi

AbdorhmanThi

Eurusd did not make new highs. Tomorrow is Trump speech. I believe the Dollar will continue gaining momentum and break down to make new lows, but before that it will retest the support it is at currently during this post. After that it will continue south.

AbdorhmanThi

AUDUSD looks like it can go to test .74000. It just formed a bearish bat pattern on the 15 min time frame. Allowing a short opportunity. The pair is current resting on a weekly trendline, so looking for a shorting opportunity is ideal.

AbdorhmanThi

GBPJPY has broken flag. Now is a time to sell it. Either aggressive sell at current price or wait for a pull back to break out level and sell. This trade was a pretty obvious one.

AbdorhmanThi

This pair has consolidated after an impulse move up. Looking for the pair to break and close above previous high to continue going long. If price falls back down. I will look to long again at 122.270 and reaching extended target at 127.2 fibs level. Good risk reward. I doubt pair will go back to 122.70. I believe it will keep pushing higher for the rest of the...

AbdorhmanThi

The USDCAD pair did not make newer higher, it could have been the completion of the 5th wave. Right now the price is wavering around the daily trend line. If the trend line is broken, we will look to continue shorting this pair on a retest of previous support/new resistance. Overall outlook for this pair is downwards. Waiting for a signal to enter.

AbdorhmanThi

The pair has formed a double top and did not make higher highs on the H4. If price reach the .88 fibs we will have a bat completion to continue the uptrend.

AbdorhmanThi

USDCAD failed to break weekly trendline and now looking to retest the highs. Currently the pair is forming a flag with more upside potential.

AbdorhmanThi

The Dollar has made new highs and with 2017 being a potential year for more rate hikes there are really no sign to not long the Dollar. I believe the dollar will make its way to test the trendline on the weekyl/monthly time frame. I would wait for a pull back into previous resistance/now support to enter long.

AbdorhmanThi

After AUDUSD broke the trendline I am waiting for the price to calm down and form a flag and retrace to the fib level 32.8 or 50.0 to short. Target will be retesting previous low.

AbdorhmanThi

There are two pinbars form on the 4H on the USDJPY at the 71.8 fib level. I believe price is still going to go higher, possibly 120.000. But for now, the price will retrace itself. The 2 pinbars are usually a great sign of a reversal. I would sell with a SL at 190.000. My target would be the previous support 116.000. If it breaks support, price will go lower. But...

AbdorhmanThi

Gold has broke previous trend line and is now retesting the trend line at a strong fibs level. Buying gold within the horizontal level would be a good idea. Target should be for the higher trend line. Stops should go below the lows.

AbdorhmanThi

AUDUSD failed to break new highs. It formed a double top and now it has a potential to move up to the .618 fib level for a 2618 completion for a further downside.

AbdorhmanThi

Since NZDUSD made new high, we are looking for an opportunity to continue long. NZDUSD overall outlook is short. So if price does pull up to .7352 it will complete a bat patter. Or if price pulls up to .7290 it will touch the 1.618 fib extension allowing for a good short as well.

AbdorhmanThi

After the ECB conference, the EURUSD pair dropped after reaching last week gap. I am looking for more upside unless price pass previous lows.

AbdorhmanThi

AUDUSD doesnt look like it can go up higher and shorting from here would be good to retest the bottom. If price does break the high, then it will complete the Gartley Pattern allowing a short at a higher price. Overall outlook is to short AUDUSD still.

AbdorhmanThi

AUDUSD is pushing higher this week before retesting the lows at .7320. My overall outlook for this pair is still short. Therefore every short entry for AUDUSD I will let it run and trail my stop as I go.

AbdorhmanThi

The yen pairs have been climbing very high for the pass few weeks. It seems as though price is getting rejected to go any higher. We will see if price will continue falling after it touches the trendline. Still a good opportunity to grab a few hundred pips.

AbdorhmanThi

EURUSD broke resistance over night. Looking for a retracement into the area between the black horizontal line for an entry for going long again.