EURNZD broke below the multi-days bullish channel, all short term momentum indicators are suggesting more to downside-so I am looking to short it around 1.6534-63 for a target to 1.6333, stop above 1.6629
Cable broke the bullish channel today, i am looking to short around 1.3219-43 for a target to 1.3106, Stop above 1.3292
My last call to long for a target to 112.95 is successful, i am still looking to play this market again on a pullback around 112.30-54 for a target to 113.44, stop below 112.03
Buy on dips for a target to 112.95, stop below 112.11
Buy on dips for a target to 88.81, Stop below 87.79
USDCHF has the potential to visit 0.9833, but I am wary of Risk reward at the moment.
Multi-day view: DXY price action contained in a multi-month bearish channel decelerating with new tops and lows, finally clearing the May 2016 lows. Current price action has so far stalled near the prior resistance area but I am likely to see a break of this area as there is a bullish divergence under play and momentum is supporting the view as well. So I am...
EURNZD broke below the multi-days bullish channel, all short term momentum indicators are suggesting more to the downside, so I am looking to short it around 1.6534-63 for a target to 1.6333. Stop above 1.6629
Buy on a pullback around 1480.40-50 for a target to 149.34, stop below 147.90
I am looking to get long on dips for a target to 116.07, stop below 115.11
EURAUD picks up a nice momentum, i am looking to go long around 1.5039-82 for a target to 1.5175, with stop below 1.4999, Disclaimer: Please Note, all analysis shared are my own views, they are not intended as an advice but entertainment only. Markets are uncertain so the outcome of any trade idea. Do not risk more than 1% of your equity.
EURUSD has a divergence setup in play on 4hour chart, so i am expecting it to run through 1.1808-1.1851 area. Strategy is to long on dips for a target to 1.1808, stop below 1.1667
Short around 81.46-73 for 80.87 & 80.02 target, stop above 82.27
Strategy: Place a market order for a long position (now at 1.1769) for a target to 1.1825, stop below 1.1729
Short on a bounce for a target to 1.4938, stop above 1.5029
My previous recommendation on Silver to short at 17.30 for a target to 16.85 was successful, For now a top of the head & shoulder pattern is completed, expecting for the right shoulder to be formed to confirm the pattern. Intermediate trend looks to be bearish now as it broke the multi-days bull channel & all momentum indicators are turning bearish so a lower top...
EURUSD got nice momentum this year (2017) followed by a monthly divergence, accelerated in a multi-month bullish channel with new tops and lows. Momentum is slowing on higher time frames, i am expecting a deeper retreat over the coming weeks or so. For now i am looking EURUSD to pullback (a short lived bounce) to leave a lower top to then start of fresh falls...
GBPJPY price action contained in a multi-month bullish channel and broke out 2017 highs,I am short GBPJPY at 150.92- i am looking for a bigger swing to play with a target in view 147.63 (38.2% fibonacci retracement/my 1mo moving number) & a prior support turned resistance area. My stop is currently break even now.