AlexxChan

AlexxChan

Gold hasn't been able to make new highs recently. With that in mind, and a broken major trendline, I'm looking to short gold now.

AlexxChan Updated 

Playing off the 61.8% region on NZDUSD back down to the support level of 0.7091.

AlexxChan Updated 

A scalping opportunity to get into right away. EURUSD hitting a major resistance level and fib level. Trade safely

AlexxChan Updated 

Playing the breakout like always. Going to wait for a retracement and proper confirmation before entering into this one. Because of FOMC, becareful entering trades at this time.

AlexxChan Updated 

USDCAD is finally breaking out of its triangle pattern. Personally I'll be waiting for a retracement before entering. However an aggressive buy position could be initiated now.

AlexxChan Updated 

A clear rising wedge could be seem being formed on USDCHF. With this in mind, a short opportunity is available in the near future. Keep your eyes open, beware of stop hunts, and wait for the break lower before entering.

AlexxChan Updated 

AUDCAD made a clear break in a trendline and it has just competed its retracement. Now let's wait for the drop

AlexxChan Updated 

Let's see if prices can break past 44.53. If prices does break past that region, it will open up the door to 42.96.

AlexxChan Updated 

Playing off the infamous 61.8% region and trend line. Let's see if there is enough momentum to bring it back up a bit

AlexxChan

A nice triangle is forming on GBPCAD. We can expect prices breaking out of either direction this point. Whatever it goes, keep an eye out for it and capitalize on it

AlexxChan

A break of the trendline opens up an opportunity for AUDCAD to head lower to 0.9710 region. Prices seemed to have made its retracement and it looks like it will continue lower from here on. Beware of fakeouts

AlexxChan Updated 

Prices seemed to be stucked in a downwards channel. There is a good opportunity around the area 1313.50 to setup a long position. If prices head down, we can expect prices to bounce back a bit as there is a area of support and the 50.0% fib levels to hold prices.

AlexxChan

A highly oversold RSI suggest that NZDUSD may create a small retracement upwards towards the 76.4% retracement region. I would suggest everyone to wait for the break before entering

AlexxChan Updated 

EURAUD seems like its stuck in a Triangle formation. If you look back on historical price, there seems to be a reversal around 1.450 area. This would be great swing position to get into.

AlexxChan Updated 

USDJPY is showing some bearish divergence. With prices hovering around the 76.40% region and prices losing steam to break higher. I expect prices to head down to around the 61.8% region.

AlexxChan Updated 

RSI giving a signal that it's about to go down. Coupled with prices hitting the upper edge of the bollinger band, I expect prices to fall in the short term.

AlexxChan Updated 

RSI indicates a clear divergence within this pair and we can also see NZDUSD stuck in a channel. I'm looking to short this pair down to 0.7227 area

AlexxChan Updated 

Some strong resistance area around the 1.1167 area incorporated with fairly high RSI values.