Looking here at GBPUSD on the 4H we can see that price has reached a major extended resistance level around the 1.23800 levels after quite a bullish run. Personally, last week seeing price reach previous older lows around 1.20000 levels, I believe that is the main reason price has pulled back so strongly. However, when we correlate this move to the higher time...
i believe further downside is expected as we are currently testing 1.23700 resistance levels. expect a rejection here.
USDJPY just broke out of a triangle formation to the down side... look for the retest and hop in short.
waiting on the pullback to this area brfore going up and out of the downward consolifation.
i dont trade penny stocks often, but when i do they look solid.
Here on BTSUSD we can see the major trend line support. also if you look where price dipped under it 2 weeks ago there is an upside down head and shoulders. i see a lot of strength showing here.
CADJPY exposing itself, get ready for a push upwards.
based off my very basic price action technical analysis o believe that the EURCAD will be ready to drop soon.
euro looking exhausted. watch for a quick pullback
TYPICAL LEVEL BREAK AND RETEST. WATCH IT MOVE HIGHER.
1 hour bearish flag and chillin in a nice zone. should be an easy sell with a tight stop.
Audusd finally broke monthly highs and is now off to higher highs. expect a retest and then she will keep moving..... also, make sure to follow me as im about to start posting my analysis multiple times a day! -Cameron
euro about to fall.... at least i believe so.
STILL BEARISH trading the xabcd pre formation. go short here
usd jpy fell below the trend line. going short but keeping close eye on the DXY as well. usd is tricky right now
gold will go down to 1k per ounce....