As drawn in the chart, last week we have broken the lower high (Red circle), and going back down. Now it present us another good entry as we see the current chart is forming a higher low. We have initiate d trade on this. Lets see how the market play out
Formation of lower high, and we anticipate a bull from current position....lets ride the wave...well Sl is needed in case market intend to move otherwise..but simple and clear....anticipate a bull from here onwards.
From our previous analysis we have long 1.032 to 1.045 area...and currently it seems that it is obeying the up trend line and forming a lower high and another lower high as shown in the pic.. we expecting a bull ride from current price back up to 1.05 area.
Currently AUDUSD fall back to area of interest where buyer is waiting. We look into long this pair from this position. As we see a potential weakness in USD. This trade will be a long hold. Patient is need. Let see how it play out.
Will be looking to short this pair , but until it retest the 0.86. if a break out of the resistance 0.86 we will be seeing it back right up to 0.9 area atleast. Yet seeing how the market move, less likely that EURGBP will gain strength from the current market. Keep this pair in the watch list, this should will have an explosive move soon.
We have approx of 60pips to go to hit the D1 1st oct 2019 support.. USD is on the bull right now we should expect a further push down for all USD Pair (LONG USD). I will see whether there is a potential pull back i intent to short this one for another 60pips or so...before deciding whether to go long on this. Is break of the level it will be a long way down!
We currently sees a bull from this pair. But as due to the coronavirus, we do anticipate a fall from this pair as jpy still a safeheaven currency. But viewing in technical stand point, we do anticipate a bull to 144.5 area. A break off 144.5 area, we will revisist 148 before a sell off. So do trade cautiously on this.
As off last week, EURAUD do give a boost up and kick out tons of seller. Still we do remain a short respective on this pair as due to the brexit incident, it going to take time for the GBP & EUR to gain strength as for the time to come. Do watch the market off closely as we do anticipate a further push up before a shoot down back to the Trendline.
NZDUSD currently shoot back down to the area of interest, where it is at a good looking area to buy. We anticipate a bounce off from this price and shoot back to 0.66 area, this trade will be a long trade and will need tons of patient.
After days of short for Aussie we anticipate a bull from this point, as we currently hold at a point of interest where it bound off when it reaches 0.667 area...be patient of how it plays out.. this trade will be a long hold bull same as NZD
We are targetting to shot from current position down As the upper trend line has been broken, we anticipate a fall from current position down to the 1.66 area, and a possibility to further push down to the lower trendline as we draw in the chart, this is a long term trade and may take up to days.
we now looking to long this pair as it fall back to our area of interest. We long as due to the political tension and the coronavirus tension and we expect a burst of price from this current location. Signal Entry now SL:1564.15 TP:1590
Currently NZDUSD position at a very interesting area where it hitting the downtrend line again. 6 days of solidating at the same price, we anticipate a fall from this location.back to 0.645 area 1st before going further downwards
As we can see, AUDJPY respect the upward trendline nicely, we do expect a boost from current location to 76.00 area before making to another high.
After a long short, we do interested to see AUDNZD pair making a comeback from the low, but from the 1st week of Dec the selling pressure shows no stop. But currently it at a price of interest where a possible pullback is possible but bare in mind, break of the blue box area might be visiting 1.035 area again. We expect a pull back for this soon.
We currently look into a long position for AUSUSD, but a possible retracement before that. As shown in the pic, this is the area of interest for the long entry.