Forex_Positive

Forex_Positive May 24, 2015

Short EURUSD 1.1060-80 SL above 1.1100 TP 1.0800

Forex_Positive May 10, 2015

For EURCAD, a inverted head & shoulders pattern is emerging. The neckline resistance (in red rectangle) is clearly visible around 1.3740-60. If EURCAD retraces to the 50% FIB level, this would coincide with a prior support zone (in green rectangle). This support zone at 1.3390-00 is tested 2 times. Look to enter a long position if EURUCAD pull backs to this...

Forex_Positive May 3, 2015

GBPUSD possibly forming an inverted head & shoulders pattern. Look for a place to long in anticipation of right shoulder forming. Long at 1.5020-30, this is the 50% FIB retracement and support/resistance zone Long GBPUSD 1.5020-30 SL 50pips TP 1.5500 ===== www.ForexPositive.com Twitter @ForexPositive =====

Forex_Positive Apr 19, 2015

Confluence of 2 FIB retracement levels around the same price at 0.7800-10. There is the larger retracement (in pink) at 38.2%. And the smaller retracement (in blue) at 88.6%. Look to short at the intersection of both FIB levels. Short NZDUSD 0.7800-10 SL above 0.7850 TP 0.7600 ===== www.ForexPositive.com Twitter @ForexPositive =====

Forex_Positive Apr 15, 2015

Short USDCAD if it pullbacks to resistance zone of 1.2350-90. My trading strategy is to to enter short at the middle zone, which is 1.2370. However, you are free to choose where to enter in the resistance zone. Short USDCAD 1.2370 SL 1.2430 TP 1.2000 ===== www.ForexPositive.com Twitter @ForexPositive =====

Forex_Positive Apr 12, 2015

3 technical signals showing confluence around the 1.8280-1.8320 zone level. A) 61.8% FIB retracement B) Support/resistance zone C) Possible trend line support Long GBPCAD 1.8300 SL below 1.8250 TP1 1.8700 TP2 1.8900

Forex_Positive Apr 5, 2015

Bullish gartley harmonic pattern Long USDJPY 117.10-20 SL 116.50 TP 120.00

Forex_Positive Mar 15, 2015

The blue rectangle represents a long-term resistance zone around 1.4810-20, which was set from March to July 2013. This is the price zone for the double bottom formation which push GBPUSD higher from 1.4800 to 1.7200. Look to short GBPUSD if it rallies towards the blue area. Short GBPUSD 1.4810-20 SL above 1.4850 TP 1.4500 ===== www.ForexPositive.com Twitter...

Forex_Positive Mar 8, 2015

Whenever the chart shows a confluence (i.e. 2 or more) of technical indicators at about the same price zones, it is more likely to see a higher probability of a successful trade. For AUDUSD, i see a confluence of 2 technical buys. First, AUDUSD is trading within this green rising channel. This rising channel is a classic textbook pattern. Notice that AUDUSD very...

Forex_Positive Mar 2, 2015

EURCAD ready to reverse EURCAD has broken below the support zone of 1.4060-90. This strong support zone has held nicely since the beginning of Feb. And of most importance, there are at least 5 touches in this red rectangular zone since Feb. With 5 or more touches, a breakdown of this zone is a strong bearish technical indication. If EURCAD rallies to re-test...

Forex_Positive Mar 1, 2015

Long EURUSD for bullish bat harmonic pattern Long EURUSD 1.1130-40 SL 50pips TP 1.1250 ==== www.ForexPositive.com Twitter @ForexPositive ====

Forex_Positive Feb 17, 2015

Clear and well defined pivotal support/resistance around 89.80-90.20. Sell when NZDJPY rallies to re-test this price zone. For a more precise entry, look to short around 90.20-30. This is the double top neckline & 61.8% FIB retracement. Short NZDJPY 90.20-30 SL 90.80 TP1 89.00 TP2 88.00 ===== www.ForexPositive.com Twitter @ForexPositive =====

Forex_Positive Feb 15, 2015

Bullish bat harmonic pattern Long AUDCAD 0.9470-80 SL 0.9420 TP 0.9700

Forex_Positive Feb 11, 2015

Bear bat harmonic pattern Short USDCAD 1.12740-50 SL above 1.1300 TP 1.2580 ====== www.ForexPositive.com Twitter @ForexPositive ======

Forex_Positive Feb 11, 2015

Bear bat harmonic pattern Short USDCAD 1.12740-50 SL above 1.1300 TP 1.2580

Forex_Positive Feb 1, 2015

Long EURUSD for bullish bat harmonic pattern Long EURUSD 1.1130-40 SL 50pips TP 1.1250

Forex_Positive Jan 25, 2015

Clear and well defined pivotal support/resistance around 89.80-90.00. Sell when NZDJPY rallies to re-test this price zone. Short NZDJPY 89.80-90.00 SL 90.50 TP1 87.50 TP2 85.50

Forex_Positive Jan 18, 2015

Short EURGBP at the middle section of the 0.7750-0.7800 resistance zone. This is the weekly chart. On the far left side, we see the price action acts as support/resistance since 2008. EURGBP is also contained within a huge weekly down trend channel line. Short EURGBP 0.7770-80 SL 0.7830 TP 0.7650 ===== www.ForexPositive.com Twitter @ForexPositive =====