


AUDNZD is currently trading in range after a big fall. Market is currently uncertain of its next major direction. Stop order have been placed for potential breakout movements.
- Crude oil is currently trading in a range after a bullish move. - Buy stop and Sell stop orders are in place for potential breakout move. - High of the range is 87.101 and low of the range is 83.993.
EURUSD has show a significant downfall upon CPI news data, marking the strength of dollar against major currencies. Currently, the chart is showing bullish divergence with RSI, paving way for possible retracement of major down move to 0.382-0.618 retracement zone marked in chart. Best strategy would be to wait and see till the price shows a downtrend in lower time...
- CHFJPY is currently moving in range. - No clear trend is defined. - Buy stop and Sell stop orders in place in case of breakout
- USDCHF is currently making LH and LL showing classic down trend. - Last impulse move went down from 0.90711 to 0.89980, a down move of about 0.81%. - Since makeing last LL, price has made to 0.5 - 0.618 fibonacci retracement zone. - No bullish divergence has been identified. - Trendline has almost captured price. - Bearish confluence is observed.
- USDCHF is currently moving sideways. - Potential support and resistance are shown on chart. - Potential buy and sell opportunitites are marked on breakout. - Wait for the price to hit buy stop or sell stop orders.
- Gold is currently making HH and HL showing classic up trend. - Last impulse move went from 2265.505 to 2304.990, an up move of about 1.74%. - Since makeing HH, price has retraced to 0.5 fibonacci value making HL of 2282.690, a down move of about 0.97%. - No bearish divergence has been identified. - Price has completely retraced to trend line. - Bullish...
- XPDUSD is currently moving in a range. - The high of the range is 1044.310, while low of the range is 966.712. - Trade plan has been in place in case of both both bullish or bearish breakout.
AUDNZD has possible trade opportunity at Lower high. Hopefully will continue to make higher high's.
- Pair is currently making HH and breaking previous structure. - Last impulse limb went from 1.35150 to 1.35700. - Since, price has retraced to 0.382 fibonacci value making HL of 1.35449. - No bullish divergence has been identified. - Price has not completely retraced to trend line. - Possible bullish entry at 0.382 fibonacci ratio of 1.35490.
- NZDUSD is currently making LH and LL showing classic down trend. - Last impulse move went from LH of 0.59930 to LL of 0.59396 a move of 53 pips. - Since, price has retraced to 0.618 fibonacci value making LH of 0.59735 a move of 33 pips. - No bearish divergence has been identified. - Price has completely retraced to trend line making a bearish confluence. -...
Crude Oil is turning bearish as it has made lower low. One should wait for proper lower high as well. Trend is Bullish on daily timeframe though.
EURUSD is continuing its bearish trend which lower high and lower low. Possible trade opportunity seen.
- Pair is currently making HH and HL showing classic up trend. - Last impulse limb went from 1.08628 to 1.09155. - Since, price has retraced to almost 0.618 Fibonacci retracement value making HL of 1.08838. - Price has completely retraced to trend line - Bullish confluence is observed by price moving to 0.618 fib level and touching trend line - Bearish divergence...
USDCHF is in continuous bullish trend and making HH and HL.
EURGBP has shifted to a bullish sentiment by forming HH and HL. Possible trade opportunity.
USDJPY is continuously making higher high and higher low. I have to get inside the current trend and avail my profits. Lets see how it turns out.
EURUSD is in bearish trend as it is making lower high's and lower low's. Possible trades given with 2% capital risk.