I will no longer be selling this pair, as I now see a bullish flag playing out. We are in profit because we sold on the neckline of the inverse head and shoulder. Lookout for buys starting tomorrow. Allow the price to reach 1.105 before buying massively.
Flexibility is imperative in trading, therefore, I am no longer bearish on this pair. I am seeing this massive bullish flag and inverted head and shoulder. Allow price to reach support trend line and buy all the way to 1.34. Things are not looking good for the dollar, delusion aside.
Time to short this pair as it has broken out and retested H4 support trend line. I would like to see price drop all the way to 1.079. A double top also confirms this long awaited move.
The time to sell this pair is finally upon us. Last week after NFP, GU gave good bearish signs and is now confirming continuation with this double top. Sell now and hold to 1.28
USDCAD will create a double bottom and rise from the support. Buyers must keep an eye on this one. Price should fall next week to support 1.3468
XAUUSD is fast approaching a hot resistance. This is the Monthly Gold Chart. Sellers can set sell limits around 2656 and hold until June 2026.
A descending channel looks to be forming on USDZAR. Look for sell around 17.96 with stop losses at 18.06. Price should target 17.56
Bearish Bat pattern looks to be currently in play on GBPUSD. Let us keep in mind that GBPUSD is very bearish, and this move only confirms the bears. Be on the lookout for sells around 1.3184. Goodluck.
Temporarily buy EURUSD as price may look to retest broken bearish flag and resume bearish move. Today, EU should be bullish building up to USD CPI tomorrow.
We always trade what we see so and this looks like the formation of a head and shoulders pattern. We can buy beginning of the week to exploit the formation of the weekly high. Sell around 1.318
GBPUSD has entered the bearish phase. Sells can look for more entries around 1.31820 and take profit at 1.28. Last week we sent out a signal which is currently running in profit, price will fall deeper with more USD news coming up this week.
The bullish trend has resumed on this pair. Last week we saw promising bulls from 17.65 into 17.88 as predicted in our previous setup. Buyers can look to place more entries around 17.77/17.80 area. Target is 18.02
GBPUSD to 1.28, here we go. Price seems to be forming double top prior the highly anticipated Non-Farm Payrolls. 1.306 is the highest price could go, after that we anticipate hot bearish movement. Allow the market to come to you, do not enter too soon, good luck
GBPUSD looks rather bearish after close analysis. We should see a pump to the upside before or even during the news, look for a top and sell. 1.3306 is our sell zone. Good luck everyone, check out my USDZAR analysis.
Hard to admit, but USDZAR is on an uptrend. I believe we have found a bottom between 17.69 and 17.50. In this area, we can place our buys. Tomorrow it's NFP and we may see a sharp drop towards 17.51 an then the bullish run will commence. Hopefully price can drop to 17.51 before the news release, that way we can be certain to buy before the news release. Good luck...
AUDCHF is neutral in the sense of, there is a short term buy pending, then a main move towards the downside. Crab pattern indicating possible upwards movement for now. The main idea is a sell, however we have to allow the price to build up to 0.5765. Buy for now.
Price looks to be creating higher lows indicating a start of a bullish trend. I anticipate price to jump from this trend line as it has repeatedly been doing.
EURUSD. We anticipate a rise in price from this area targeting the resistance at 1.114. This is what the market is giving currently. Looks like a formation of a bearish continuation but we buy for now.