Forbsy

Forbsy

Will the pound struggle against a Brexit no deal backdrop this week? I see a potential descending channel forming on 1h and 4h; the alligator looks hungry, MACD appears to be crossing zero line on 4h with RSI in bearish territory also. May short on market open.... Seasonality may favour a pullback in the USD bear trend through Sep, before possible resumption...

Forbsy

If you think it can, USD JPY looks like it could be a promising way to play it... Bullish or Bearish? You decide. Trade at your own risk, all ideas are ideas only. Forbsy's Stocks & Forex.

Forbsy

CAD looks ready to breakout on the 1h chart. Main trend is UP, the trend is your friend. Trade at your own risk :)

Forbsy

Yen still looking vulnerable. It's a bull market you know! As always though it could go either way, always plan for either event and react accordingly!

Forbsy

JPY basket of currencies is close to falling through support, will it hold? I don't think it will but it could go either way.... as with everything in Forex!

Forbsy

T Looks like a nice rising wedge o EURJPY, almost out of room to manoeuvre... Bullish or Bearish What way will the Euro break, you decide!

Forbsy

On your providers platform it will have a US Tech index CFD, looks like a possible good long entry point. Good R/R on the channel forming, may break higher. NASDAQ price action is crazy overstretched but seemingly an unstoppable force! Shorting could be like being hit by a train.

Forbsy

GBP has been riding the wave of the weak dollar trade so it should react well to the DXY's next move.

Forbsy

Strong possibility of significant rise if Swissy can break out of the channel on the MONTHLY chart.

Forbsy

EU50 looks like it could be ready to breakout. Enter on breakout from channel or resistance line above.

Forbsy

GBP looks like has an ascending channel to support a potential breakout. Main trend is UP, the trend is your friend. Risk on trade should see follow through from this pair.

Forbsy

Swissy is the real safe haven fiat

Forbsy

Potential for a bullish 3-line strike formation on the 4h chart, will it follow through on the market open tonight? You decide :)

Forbsy

possible its going to bounce nicely from my support line? The main trend is UP

Forbsy

Dollar looking vulnerable possible break of support for trend continuation?

Forbsy

JPY BASKET has reached my low time frame resistance level

Forbsy

Is GBP breaking out of the line of least resistance?

Forbsy

Channel is formed, which way will it break?