Namibian_Forex_Capital

Namibian_Forex_Capital Updated 

GBPAUD RETRACED TO THE 61.8 FIB LEVEL AND A THIRD TOUCH OF THE TRENDLINE. COULD THIS MAKE A BEARISH LEG TO THE DOWNSIDE?

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If we break the 1.8000 psychological level we could a bearish leg to the downside

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USDZAR POSSIBLE SELLSETUP AHEAD

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Could we get a another lower high and fall to the downside to make new lows or break to the upside? We will wait and see what price will paint for us

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USDCAD SELL

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The dollar is risk on the us bond yields so am expecting a push to the downside

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USDCAS SELLERS ARE ABOUT TO STEP IN SO I AM ENTERING A SELL POSTION.

Namibian_Forex_Capital

There high chance of USDCAD melting to the downside because its at a strong resistance on the Higher timeframes such as the daily but this could be also a chance for the bulls to push price higher as its in a uptrend but the longer term picture of this pair is bearish but we will see what the US/london session offers with a directional bias

Namibian_Forex_Capital

GBPAUD is about to buy because if you check the daily we closed the previous day with a strong bullish candle and now managed to get a retracement on the lower timeframes to ride the trade to the intraday resistance of 1.81000.

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Gold is currently stuck in a range but my bias is bullish on gold but i will only enter after the break of the purple that indicated on the setup. Sell setup will only be possible if the setup breaks structure

Namibian_Forex_Capital

There is a possibility that we can see another pullback/retracement on eurjpy which might lead it to the downside. Currently price is at a strong supply level and i see it retracing for to go pickup orders at the psychological round numbers so it can tank to the downside

Namibian_Forex_Capital

GBPAUD HAS REVERSED AT THE 1.8500 PSCHOLOGICAL LEVEL AND PRICE IS ABOUT TO TANK.

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USCAD WAS IN A RANGE FOR SOMTIME BUT THE BEARS ABOUT TO STEP IN AS OIL PRICES RISE

Namibian_Forex_Capital

GBPAUD is a at a strong psychological level which is at 1.8500 and bears are about to step in.

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WE HAVE A BREAK AND RETEST OF STRUCTURE AND TRENDLINE. PLUS A BREAK AND RETEST OF THE DAILY TIMEFRAME WHAT MORE CONFIRMATION DO WE NEED TO ENTER THIS TRADE. ITS A REALLY BEAUTIFUL SETUP I SUGGEST YOU USE A SELL LIMIT

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WE HAVE AND RETEST OF STRUCTURE PLUS A BREAK AND REST OF THE TRENDLINE THIS IS JUST SPECULATION OF WHERE IT COULD BE HEADED TO.

Namibian_Forex_Capital

PULLBACK ENTRY ON GOLD TO NEXT PSYCHOLOGICAL LEVEL.WHICH IS ALSO ACCOMPANIED BY FUNDAMENTAL ANALYSIS(NFP).

Namibian_Forex_Capital

POSSIBLE PULL BACK ENTRY ON NZDUSD TO SELL TILL A PSYCHOLOGICAL LEVEL.