AlexxChan

AlexxChan

With GBPJPY continuing to creating new lows every week, i expect the same with this week as well. On the 4h timeframe, a beautiful dragonfly doji could be seen. Following with it are several bearish candles which gives me a strong sentiment that this pair will head down lower. To be on the safe side, I'm waiting for gbpjpy to break 156.624 before entering a short...

AlexxChan Updated 

EURAUD has been an interesting pair for as well. It correlated well with my analysis last week and went positive around 100 pips before it turned around. The pair then hovered around 1.56011 levels before breaking clear the trend line as of this monday morning. My sentiment on this pair is now bearish, but i would want to see it test the 61.8% and 76.4% before...

AlexxChan Updated 

With a break of an 1hr trend line, I'm placing my bets that USDCAD is going to reach higher to at 1.3836 before making it's next move.

AlexxChan Updated 

Gold is still very bullish. With a broken pennant formation in the upside direction, I expect the pair to reach approximately 1253.98 from this point on. But I want to also state that gold might drop a little to retest the trendline before moving higer.

AlexxChan Updated 

With Gold breaking a strong daily trendline and following a beautiful retracement, i expect gold to continue its bullish momentum onwards. Risk to Reward ratio seem seems like its worth to take this trade

AlexxChan Updated 

EURJPY broke the 2015 lows in the 4hr time frame. With this being said, we can expect EURJPY to continue its downtrend further more.

AlexxChan

With large amount of insecurity and uncertainty surrounding GBPUSD, my bearish sentiment on GBPUSD is at 99.9%. With that being said I expect 1.41036 to break, retest then make its way to 1.39426 as its next target.

AlexxChan Updated 

AUDUSD has been a interesting pair lately. Personally i've been making some pips of it just because i'm scalping off it but the overall direction of it is still bearish in my opinion, until the breaks the upper trend line. Within this channel is a possible triple that might be forming, I'm hoping that once it forms, the consolidation on this pair will be over.

AlexxChan

With EURUSD hitting a major support zone along merely touching the 50% fib level, EURUSD may reverse back up to 1.12325 before making its next move. I haven't enter this as of yet, until the bearish trendline is broken. My sentiment on the pair right now is neutral

AlexxChan Updated 

After the pair retraced backed to the 38.20% region, a beautiful reversal can be seen indicating that the pair will continue it's downtrend. With a nice 3 black crow candlestick pattern displayed, it only adds more confirmation that the pair will reach for lower lows in the near future.

AlexxChan

AUDUSD seems like its continuing its trend back down. After creating a lower low and a failing to create a new high, we can now expect AUDUSD to drop lower to around 0.70000. Currently I'm already in this pair as a bullish trendline is broken. Let's hope this drops quick with little consolidation. Be sure to follow my tradingview as I give out daily analysts and...

AlexxChan Updated 

With a break of a trend developed since last month, GBPUSD seems like it will continue its downtrend toward lower lows. Currently the pair is sitting at a crucial 61.8% retracement level and has an oversold RSI. I expect the pair retrace back up towards 1.43732 first before heading lower towards 1.42200.

AlexxChan

Just an update on a post I did yesterday back. Hit my entry, and almost hit my lost. However the pair does seem like its heading back down right now. My first target is at 1.43200, while my second target is at 1.42720. Be sure to follow me for more daily updates and analysis.

AlexxChan Updated 

A clear pennant formation is formed on the 1hr chart of gold. We can expect the pair to go lower to around 1190.00 before making its next if it goes down as expected. Keep an eye out for this and trade carefully.

AlexxChan Updated 

A clear breakout is seen on NZDUSD. All I can say is short the breakout to lower lows. I expect the pair hitting around 0.6515 before making it's next major move

AlexxChan Updated 

With prices currently hovering around 61.8% levels with oversold RSI levels. We can expect the EURAUD correction to end around here at the 1.5605 region to head back further higher. However, prices may fall to the 76.4% before heading back up. With that being said, aggressive traders can enter now, or wait till a reversal signal has been made.

AlexxChan

With a break of a 4hr trendline, I expect EURUSD to pull down back to at least 1.1100 before making a move somewhere.

AlexxChan

With a break of a minor trendline, I expect EURUSD to pull down a little before making another move.