ForexExpats1

ForexExpats1

GBP/CAD has been in decline for 6 weeks now but is approaching very strong Daily support that pushed the price up many times before. This Daily support also lines up with the 200 Daily MA. Buy : 1.8240 Stop : 1.812 Profit : 1.8540 Risk : 1/2.50

ForexExpats1

I cancelled my last NZD/USD trade ( 5 pips profit ) due to NO follow through after NFP. Another great chance to buy at better entry due to Daily AB=CD equal legs at 0.58436 and lower trend line also acts as resistance. Buy : 0.5850 Stop : 0.5792 Profit : 0.5995 ( just before 78.6% Fib retracement ) Risk : 1/2.5

ForexExpats1 Updated 

NZD has been in a side ways consolidation period for weeks now but as channel support, Weekly 50 MA, Daily 200 MA, 38.2% fib of first up leg all line up, could this be the start of the next big move.

ForexExpats1

After last weeks EUR/USD massive drop into Daily strong support area around 1.1450 I believe this week will start a correction or continuation of the trend. Buy : 1.1490 Stop : 1.1406 Profit : 1.1700 Risk : 1/2.5

ForexExpats1 Updated 

EUR/GBP has been in a large decline against the recent trend and looks to be in some sort of leading diagonal pattern. Major Fib 38.2% comes in at 0.86008 so buy slightly below but above lower trend line with profit risk of 1:2.5 Buy 0.8597 Stop 0.85744 Profit 0.86535 or more depending on strength.

ForexExpats1 Updated 

Similar to NZD/USD look for the next big bullish up leg to start with channel support, Weekly 50 MA, Daily 100 Ma all lining up.