Hi everyone, i see audusd moving to the upside as there is alot of interest at this area that we are in right now. we can clearly see that audusd has continuously been moving up since the 19th april so the bulls are on our side on this one.
As we can see EURNZD has recently has a massive surge of buying pressure after break major low, so If EURNZD pulls back down to 1.79854 (key level) then i will be looking to go long because there alot of interest at that level.
If you haven't already entered at the major key level then there may be another great opportunity at 1.06779. There are alot of buyers setting there but im bears so if we get a simple break and retest today or tomorrow then i see EURUSD tanking down to 1.06024 Lets see what happen:)
Chfjpy is currently stalling at 169.718 region at which if we see chfjpy breach 169.293 and we see a pull back to the key level on the chart, i see chfjpy dropping.
Ive been waiting for eurusd to pull back in between 1.06951 and 1.07285 level due major activity around them levels. If you look on the weekly you can see it much clearer. you can also see that we've got a nice pattern after a huge dump in value. Im expecting EURUSD to drop to atleast 1.06051 this week BUT that depends on the US data thats due this week.
If gold reaches around 2318.103 i see it climbing to 2432.011. would be nice to see some buyers stepping into the game which would indicate that there's still interest at 2318.103 area.
As we know, yen has been vey weak and seeing as AUDJPY is not different, it only makes sense to go be going long on the higher time frames. Let see if we can push higher, break 100.800
EURGBP has just broke a major key level after a positive inflation report. I see eurgbp falling all the way down to 0.85000 if we respect the key level. Note dont be fooled if we see it close above the key level, it can still drop if it reaches 0.85370
Ive been keeping an eye on GBPCAD for about a week now and have seen it try to push beyond 1.72300 but have failed many time. We are currently seeing buyers step in the game so if wee see a close above the key level at 1.72300 then its time to go long.
Ive been watching this for a while,waiting for the 2.09300 level(Low) to be broken and tag the 2.08823 level for buyers to step in the game. If you wanted to play it aggressive, any one of those level would have been superb entries. As on now i see GBPNZD heading to 2.12107 next week if we see buying momentum.
There's quite a lot to unpack on this pair but to keep it simple, im seeing major divergence on RSI daily time frame which is indicating to me that there is a reversal on the way. This does not mean that a reversal is imminent but an 'INDICATION OR SIGN' that it might happen, so im waiting for confirmations on smaller time frames to jump in the game. Im seeing...
There was an impulsive move yesterday after rejecting 1.72246 region. Bigger players in the game not interested in going long any further so we see a decline. Are we going to see further lows being hunted ?
AUDUSD has recently rejected a keylevel and is showing signs of divergence on the stochastic and rsi (8hr time frame) so this is a good indication of some sort of reversal. if we get a break and close below 1.66153 on the 1hr time frame then I'll be looking for a retest to go short. KEY NOTE: there is key US inflation data due today so beware!
EURUSD is currently correcting after a massive surge in buying pressure, im currently waiting to see how this correction plays out for me to then jump in the game.
Time go short. CHFJPY is currently consolidating on the higher time (4hr) so im looking to capitalise on the move to target 166.548. First target 167.527 second target 167.228 third target 166.578 So lets see what happens guys
Dollar could reach 104.980 this week depending on the jobless claims data tomorrow. If not this week, then i see it happing next week.
Im looking to go long once is see a little bit more evidence to back my long bias. If i see a bullish closure above 1.35878 region and a test at the same level then i may go long. keep a close eye on this today and tomorrow for bullish activity only. Side note: keep in mind strong dollar news tomorrow so the market might be abit slow up until the data is released.
If we see another test around 1.26359 we should start to see GBPUSD move lower to atleast 1.26221 and beyond. I will personally be waiting for 1.26359 to be reached again to then go short, targeting around 1.25778. If 1.26359 is not reach then i might enter on the break. we will have to wait and see...its a waiting game now