On the weekly chart, price tested the weekly demand zone around 97.55 – 98.06 and went up. Also price is still trading above the 20 moving average, suggesting more room for the dollar to move up to test the weekly supply zone at 100.33. On the daily chart, price tested for the second time the daily supply zone at 98.87 and closed below this zone. Also notice the...
If price reaches Supply zone at 1.35696 we go short
If price reaches the demand level at 1.24251 and shows some bullish evidence to the upside then we go long, Next demand zone to mention is 1.22116
On weekly chart potential target down at 1.09982
Price tested 109.117 support level and retraced back up, if price keeps pushing higher we might reach our target at 111.402 Potential target @ 111.402
If price goes up to test the supply zone around 0.73224 and shows bearish evidence to the downside, I'll go short to potential target around 0.71339.
If price goes down to test the demand zone around 0.68519 and shows bullish evidence to the upside, go long with potential target around 0.70203.
If price tests the 1.00576 resistance level and shows bearish evidence to the downside, I'll short the pair with potential target around 0.98988 price level.
Price has been down since last month and if price retraces back up and test the 1.32126 price area and shows bearish evidence to the downside, it could be a great chance to short the pair again with potential target around 1.28385.
Great opportunity to short USDJPY on daily chart if price tests the 110.832, potential target 109.018
If price goes up testing the resistance zone around 1.33062 and shows some bearish evidence to the downside it would be a great opportunity to short the pound. A potential target would be around 1.29649.
For this week reviews, I'm bearish on EURUSD for the whole month based on fundamental analysis. The market has been moving sideways since October 2018. So here are the two potential price levels to watch for this week to go short: - 1.15797 - 1.17308 I will wait for price to test one of these resistance levels and show some bearish evidence to the downside...
Natural Gas has been in a downtrend for quite some days now and it still gets room to the downside to go short with a potential target around 2.928. If price tests the demand zone down below at 2.928 and shows some bullish evidence to the upside, next potential targets are: 3.453 and 4.045
Still short on USDJPY based on fundamentals, potential target will be around 105.67 price level.
Price is heading down to 1.3248 price level at potential target.
US dollar is showing bearish evidence and still got room to move down to 95.21 price level.
Wait for price to test the supply zone at 0.6835 and shows some bearish evidence to the downside before going short on NZDUSD. The potential target below around 0.6661.