Technical_AnalystZAR

Technical_AnalystZAR

This is the current structure in play on USDJPY. Price broke below a rising trend line support with a bearish engulfing candlestick. We can sell USDJPY starting from next week. We have two POI at 153.150 and at 153.190.

Technical_AnalystZAR

Sell USDJPY around 153.1 . Price may push up now until NFP so be on the lookout for this one. Price has created a head and shoulder structure which ends at 149.1. Good luck

Technical_AnalystZAR

NZDUSD with and inverse head and shoulders pattern at the end of this bullish reversal pattern. Allow price to fall to local support 0.5959. Price should target resistance at 0.63 and beyond.

Technical_AnalystZAR

I assume we will see a massive drop in USDZAR price in the coming weeks. This falling channel is the reason for my bias. We are looking at a final target of 16.7 and lower.

Technical_AnalystZAR

Breakout on massive bearish flag pattern on the USDZAR chart. Price will create a weekly high around 17.75 then drop to 17.37. From here we can look for more sells into 17.20. This pair is on a bearish trend

Technical_AnalystZAR

Buy EURUSD at 1.0788 pivot line as price has broken out of this channel on H4. Price can target resistance at 1.09500. This is only technical analysis, have a great week.

Technical_AnalystZAR

XAUUSD will retreat from this resistance at 2747 and fall into 2735. Overall, XAUUSD is bullish and we can look to add more buys at 2734. Price broke out at 2731 therefore we can have our buy stops just below 2731.

Technical_AnalystZAR

Price has already rejected the neckline at point A and dropped to 1.35. Price has quickly recovered into the 1.38 order block. We can look for sells from the beginning of this week.

Technical_AnalystZAR

This is the weekly overview for USDJPY. Looks like Price is beginning to lose bullish momentum on the formation of a head shoulders pattern. Sell here at 152.3 into as low as 137.00

Technical_AnalystZAR

USDJPY Sell. Price broke below Thursday's low and quickly recovered into 38% fib zone. Price looks to be rejecting here. Sell now and take profit at support 151.300

Technical_AnalystZAR

Buy GBPUSD now at 1.267 on the trend line support. We can anticipate a reversal from this pair into 1.328 resistance. This will require patience however, there is no better time to buy it than now. Let us enjoy the ride.

Technical_AnalystZAR

Buying NZDUSD here at 0.60480, observing the reversal pattern of a falling wedge on H4 timeframe. We can target 0.61400. More buys will be added on the breakout of the channel.

Technical_AnalystZAR

Buying GBPUSD now at 1.303 targeting 1.33. Price seems to be forming a head and shoulders pattern hence we are buying on the creation of the right shoulder.

Technical_AnalystZAR

Clear head and shoulders pattern formed on H1. A massive bearish flag can be observed on bigger timeframes. Sell now at 17.63 to 17.40 for now.

Technical_AnalystZAR

Take advantage of this reversal pattern on EURUSD. Looks like an inverted head and shoulders pattern. Buy now and take profit at 0.9. More buys can be added when neckline is broken.

Technical_AnalystZAR

We remain bearish on the dollar index. USDZAR looks to be trading within a bearish flag. Q3 of this year started with good ZAR strength. This pair should continue downwards towards 16.9.

Technical_AnalystZAR

This is yet another chance to sell USDCAD. Yesterday we sold and price quickly dropped but recovered early in the morning. Would like to see continued sells into 1.3672 support

Technical_AnalystZAR

Buying EURGBP here at 0.83570 due to an inverse head and shoulders pattern forming on H1. Target is 0.8405.