HELLO ALL, CURRENTLY LOOKING INTO THIS SHORT, THE MID DAY RETRACE 67.85 WITH A SL OF 68.00 TP 66.76 OVEREXTENDED RSI 4HR, DXY LOOKS LIKE IT NEEDS A BREATHER....1HR DOUBLE BOTTOM POSSIBLY FORMED. LOOK FOR PRICE ACTION GOOD LUCK TO ALL! IF YOU LIKE PLEASE GIVE A THUMBS UP AND ALSO COMMENT YOUR OPINIONS AND IDEAS, THANK YOU!
HELLO ALL, CADJPY SEEMS TO HAVE POSSIBLY FORMED A DOUBLE TOP ON 4HR. IF IT IS CONFIRMED AS THE TRADING DAY/NIGHT GOES BY, SELL TO .50/.618 FIB ON 4HR CHART, TRAIL YOUR STOPS. ONLY IF THE DOUBLE TOP IS CONFIRMED, LOOK FOR PRICE ACTION. GOOD LUCK TO ALL!!! IF YOU LIKE PLEASE GIVE A THUMBS UP AND ALSO COMMENT YOUR OPINIONS AND IDEAS, THANK YOU!
HELLO ALL, EURJPY SIMILAR TO GBPJPY , LOOK FOR THE PAIR TO RETRACE TO THE .50 OR .618 FIB ON 4HR CHART WHERE IT IS ADJACENT TO THE 4HR TREND LINE MAKING A HL, AND LOOK FOR THE PUSH HIGHER. KEEP AN EYE OUT ON PRICE ACTION AND FUNDAMENTALS THIS WEEK. GOOD LUCK TO ALL! IF YOU LIKE PLEASE GIVE A THUMBS UP AND ALSO COMMENT YOUR OPINIONS AND IDEAS, THANK YOU!
HELLO ALL, GBPJPY, LOOK FOR THIS PAIR TO TEST LATE APRIL HIGHS. BUT FIRST, LET SEE IF THIS PAIR RETRACES TO THE .50 OR .618 FIB ON 4HR CHART WHERE IT IS ADJACENT TO THE 4HR TREND LINE AND LOOK FOR THE PUSH HIGHER. KEEP AN EYE OUT ON PRICE ACTION AND FUNDAMENTALS THIS WEEK. GOOD LUCK TO ALL! IF YOU LIKE PLEASE GIVE A THUMBS UP AND ALSO COMMENT YOUR OPINIONS AND...
HELLO ALL, USDCAD BROKE OUT LOWER FROM THE 1.3845 - 1.3880 DAILY SUPPORT LEVEL AND HAS MOVED LOWER. DAILY CLOSED WITH WHAT LOOKS TO BE A BULLISH SPINNING TOP CANDLESTICK POSSIBLY SIGNALING A RETRACE THIS WEEK. THE 4HR CHART FIB TO .50 SHOWS THAT THE RETRACE HAS BEGUN THUS CONFIRMING THE SPINNING TOP ON DAILY. FOR THIS WEEK KEEP AN EYE OUT ON THE RETRACE AND LOOK...
HELLO ALL, BTCUSD HAS BEEN ON A DAILY UPTREND SINCE 18 MARCH. WITH DXY GOING ON A SIDEWAYS MOVE SINCE LATE MARCH, IT MAY HAVE ALREADY BROUGHT THE BEARS OUT BREAKING FROM THE 98.25 AREA. NOW COMES THE OPPORTUNITY FOR BITCOIN TO CONTINUE RIDING THE BULL. BTCUSD HAS FORMED A NICE SYMMETRICAL TRIANGLE ON THE DAILY CHART WHICH I BELIEVE WILL RETEST THE DAILY TREND...
HELLO ALL, EURUSD BROKE FROM THE 1.1020 AREA TO THE 1.1145 DAILY RESISTANCE AFTER NEWS CAME OUT MAKING EURO BULLISH. LOOK FOR A RETEST AFTER AN OVER EXTENDED RSI TO THE .50 FIB ON 4HR CHART AND THEN A TEST OR BREAK OUT HIGHER THIS COMING WEEK. THE DXY SEEMS AS IF IT IS ALSO GOING TO RETEST HIGHER BEFORE OFFICIALLY MAKING A BEAR RUN OR SHOW US THAT IT WAS A FALSE...
HELLO ALL, NZDJPY LOOKS TO BE IN A SMALL CONSOLIDATION ON 4HR SINCE HITTING RESISTANCE AT 67.13 AREA. THE 1HR CLOSE ON THIS PAIR SHOWS A SHOOTING STAR CANDLE POSSIBLY SIGNALING A REVERSAL FROM THE CURRENT PRICE. THIS COMING WEEK LOOK FOR SHORT RETRACE TO .50 FIB ON 4HR THEN LONG WITH YOUR MINDS SET TO THE DAILY RESISTANCE OF AT 70.00. LOOK FOR PRICE ACTION AND...
HELLO ALL, MY VIEW ON DXY IS BEARISH. I BELIEVE STRONG SUPPORT AT 98.25 WHICH WAS TOUCHED ON 29 MARCH WILL BE BROKEN AFTER A SMALL RETRACE FROM CURRENT LEVEL. 4HR TREND LINE WAS BROKEN DOWNWARD ON 19 MAY AND ALMOST TOUCHED ON 25TH MAY WHERE IT FORMED A POSSIBLE LH AND HAS GONE DOWN FORMING ANOTHER POSSIBLE LH WITH A LL ON 4HR CHART. DAILY IS STILL WITHIN WHAT...
HELLO ALL, AUDUSD, ON MY PREVIOUS CHART, I EXPLAINED MY VIEW ON THIS PAIR ON GOING UP TO RESISTANCE AND TO LOOK OUT FOR A POSSIBLE BREAK OUT FROM THE .6682 AREA. LAST NIGHT (CENTRAL TIME) I HAD AN OPEN BUY WHICH HIT MY SL WITH A 29 PIP LOSS, AND THEN I OPENED A BUY FROM .6600. RIGHT NOW, THE PAIR SEEMS THAT IT WANTS TO TEST THE AREA OF 66.80'S AGAIN. MY PAIR IS...
HELLO ALL, AFTER A HIGHER PUSH TO RESISTANCE AT AROUND .6680 IN THE AM HOURS (CENTRAL TIME), AUDUSD RETRACED BACK TO THE .618 AREA OF THE 4HR CHART FROM AN OVER EXTENDED RSI. MY VIEW IS START LOOKING FOR LONGS AS ASIA MARKETS OPEN; LOOK FOR PRICE ACTION AND KEEP AN EYE OUT ON FUNDAMENTALS. AIM FOR BREAK OUT OF .6680, GOOD LUCK TO ALL! IF YOU LIKE PLEASE GIVE A...
GBPUSD MADE A HH FROM 20TH OF MAY ON 4HR CHART AND RETRACED BACK TO THE .50 FIB. LOOK FOR LONGS AROUND THE 1.2260 AREA TO THE 1.2440 AREA, PRICE ACTION AND FUNDAMENTALS. GOOD LUCK TO ALL!!! IF YOU LIKE PLEASE GIVE A THUMBS UP AND ALSO COMMENT YOUR OPINIONS AND IDEAS, THANK YOU!
HELLO ALL, AUDJPY, LOOK FOR LONGS IF IT BREAKS 71.50. DAILY, 4HR, AND HOURLY CHART ARE TRENDING UP. THE 71.50 AREA SHOULD BE A NICE AREA TO LOOK FOR LONGS. GOOD LUCK TO ALL!!! IF YOU LIKE PLEASE GIVE A THUMBS UP AND ALSO COMMENT YOUR OPINIONS AND IDEAS, THANK YOU!
HELLO ALL, NZDUSD WENT HIGHER IN THE AM HOURS (CENTRAL TIME), AND THEN RETRACED TO THE .50 FIB ON 4HR CHART AND HAS BROKEN OUT FROM A SOMEWHAT SIDEWAYS TREND ON DAILY. IT HAS ALSO FORMED WHAT LOOKS TO BE AN INVERTED HEAD AND SHOULDERS WHERE THE .50 WAS ALSO THE AREA OF NECKLINE. LOOK FOR LONGS ON THIS PAIR BASED ON PRICE ACTIONS AND FUNDAMENTALS IN THE ASIAN...
HELLO ALL, AUDCHF HAS MADE NEW HH ON DAILY AND 4HR CHART. 4HR CHART SHOWS A RETRACE TO .618 FIB FROM HH WHERE IT CURRENTLY BUMPED UPWARDS. LOOK FOR LONGS ON THIS PAIR; LOOK FOR PRICE ACTION AND FUNDAMENTALS IN THE ASIA MARKET. GOOD LUCK TO ALL!!! IF YOU LIKE PLEASE GIVE A THUMBS UP AND ALSO COMMENT YOUR OPINIONS AND IDEAS, THANK YOU!
HELLO ALL, CADJPY DIDN'T RETRACE MUCH AS CAD KEPT ITS BULLISH STRENGTH. 4HR CHART SHOWS OVER EXTENDED RSI BUT HISTORY HAS HAD THIS PAIR OVER EXTEND TO THE 80% AREA ON RSI. MY VIEW IS STILL BULLISH ON THIS PAIR, KEEP AN EYE OUT ON PRICE ACTION AND FUNDAMENTALS ON THIS PAIR. LOOK FOR A BREAK OUT ABOVE 78.53 WHERE IT CAN MAKE A NEW HH ON 4HR CHART. IF YOU LIKE...
HELLO ALL, I AM SHOWING ANOTHER CHART BASED ON 4HR FOR NZDJPY WHICH LOOKS TO HAVE FORMED AN INVERTED HEAD AND SHOULDERS SIMILAR TO NZDUSD. EARLIER I POSTED THAT I WAS LOOKING FOR SELLS ON NZDJPY; WITH THE OVER EXTENDED RSI ON 4HR, POSSIBLE FIB RETEST ON 4HR. WITH THIS VIEW, IT IS MY OPINION THAT IT SOLIDIFIES THE RETEST THEN LONG TO DAILY RESISTENCE. THIS IS AN...
HELLO ALL, NZDUSD LOOKS TO HAVE FORMED A NICE INVERTED HEAD AND SHOULDERS ON 4HR AND DAILY. LOOK FOR SHORT TERM SELL THEN LONGS. TECHNICAL VIEWS ON SHORT TERM IS BASED ON OVER EXTENDED RSI 4HR AND LONGS ON FIB FROM THE 4HR AREA. LOOK FOR PRICE ACTION AND FUNDAMENTALS, GOOD LUCK TO ALL! IF YOU LIKE PLEASE GIVE A THUMBS UP AND ALSO COMMENT YOUR OPINIONS AND...