


MoolahMaker
EUR/USD broke over the 50 on the weekly chart. If that ema stays its resistance and prices fail to find a support and reverse, we can expect EUR/USD to continue its fall 500+ further below for the next months. This is a good long term opportunity. However the pair decides to act, there is an opportunity to make a lot of money from (Whether it decides to find...
As we can see, GBP/NZD is failling to establish it's support zone. As soon as the support line is broken, we can expect the bearish trend to continue until it's next support. Remember, preserving your money always comes first in trading. Your second goal is to grow your portfolio. Trade safely.
An opportunity has presented itself to ride GBP/AUD short. As price breaks current level, they will go down until they find a strong support. GBP/AUD is currently bearish in long term until oversold. Preserving your capital comes first. Next comes growing it.
GBP/CAD wasn't able to keep up with the bullish daily trend move and moved under the 50 ema once again. It is now not showing any good signs of support and is barely able to keep it's current level. It's making more lows. I expect a break below the current support zone to happen within the next 48 hours. A good move to keep an eye one. Happy trading! Follow your rules!
BTC/USD has lost much and is now once again under the 50 EMA as well as all other EMAs. The prices have currently consolidated and a breakout further below is possible as it's currently under a lot of sell pressure as MACD confirms. It doesn't have a firm support yet to retaliate and go higher. That being said, it's very possible that it will go further below to...
NFP results for USD were not good today and employment change results in CAD was better than expected. It is very possible USD/CAD is now in a short trend as indicators and candlesticks indicates. If the 200 EMA is broken, then it's going to go down until it finds support and the trend changes.
USDDOLLAR is in a short trend from the looks of the Weekly and Monthly chart. If the current support level is broken, then we can expect it to go down 400 pips+ below until next support. Depending on the price where you sell, do attention to your SL. This is a good move to keep an eye on.
NZD/USD has been in a consolidation since February and hasn't broke under the 200 EMA or broke it's current support. If the support holds strong we can expect NZD/USD to go further up in the long term. To keep an eye out for this continuation possibility.
Sell the breakout GBP/USD. If price holds the current support, then the position is canceled.
GBP/JPY does not seem to have the force to go up higher. It can potentially break it's current support and head further down. Sell the breakout!
A shooting star has formed and prices does not seem to be able to go any higher. It's still currently in a long term bearish trend and we can expect it to fall further below if the current support is broken. Trade with care.
NZD/USD is currently very bullish and if the current resistance is broken, it can go up 50 pips+ higher. This is a continuation pattern.
EUR/USD has lost a lot and is currently in a bearish trend. If the current support level does not hold, we can expect it to fall further below up to 250 pips. This could very well be a bearish continuation pattern.
We can expect XAU/USD to fall further below and hit 1300$ if the current support does not hold. After this move, we'll have more information as to whether it can go down to 1290 and lower.
XPT/USD is currently in a bearish free falling trend. No retaliation has yet been met. We can expect it to continue further below until a strong support and consolidation is undergoing which would mark it's reversal point. Risk management is an important pillar of trading succesfully. Wish you all the best!
BTC/USD lost a lot and does not seem to be able to push back higher. If the current level does not hold, the next stop lower is at 8000. Wish you all the best!
CAD/JPY has lost quite a lot from 91.5 to 88.5 since the beginning of this month. It currently still hasn't found it's major support to get into a reversal. We can expect it to fall further down about 100 pips if the current suport is broken. As always, risk manage properly. Happy trading!