EURUSD broke out the narrow range quite sharply on Friday, Momentum have been quite strong at the moment so seeing scope for and upside towards prior highs around 1.1250 area. Wait for the market to retest the broken range for buy trades. Good Luck.
Gold fell quite sharply and have been in consolidation so far from past few sessions, i am expecting this market make another move lower, so wait for the market to break the yellow trend line for the execution. Stop prior highs around 1540. Trade Safe!
EURGBP reached its August 2017 highs, Momentum on this market is weakening all across the bigger picture therefore i am seeing a trade to be setting up here, wait for the market to break the trend line to execute the orders. Trade safe & Good luck everyone!
EURUSD have been trading within a multi-days bearish channel. Though its holding the major support at the moment but i am expecting the market is likely to be breaking this area and possibly test 1.1082 to 1.1028 for the near term. Trade Safe!
EURUSD have been trading within multi days bullish channel - price almost close to the base of the channel but haven't tested it yet. Looking for the price to test the base as I am seeing momentum weakness here, scope for a bounce here. Trade Safe!
EURUSD have been trading in a narrow range - its almost testing the support and trying to bounce, waiting for this market to break the the downtrend line to get into the long trade. Trade Safe!
The U.S. dollar is set for the sharpest 2-day drop this year on a dovish Fed; the Federal Reserve signaled that is ready to cut interest rates as early as next month to boost growth. Technically speaking the market rallied - as I wrote in my previous FOMC idea that higher time frame momentum is strong - for now the shorter term momentum is surging as well and...
As we see EURUSD have been consolidating since it broke yesterday, as of now it broke out the bearish trend line, there are possible two scenarios here; 1 - Market may bounce straight away, as i see the higher time frame momentum is still strong though the short term momentum is quite weaker. 2 - Market may fell sharply initially and then bounce testing the...
Gold rallied quite steadily over the past few days, as momentum weakening across short term time frames, I’m seeing scope for further sell off here since it broke the uptrend line as well. Trade Safe!
There have been divergence activity going on over the daily time frames and momentum is developing as well. Price action have been quite steady in the past few sessions trading within a bullish channel. At the moment price is trading in a narrow range, expecting the consolidation to continue a bit pushing the price towards prior broken highs which looks a good...
EURUSD fell quite sharply yesterday, expecting the prices to dip further towards 1.1250 area, since the short term momentum is bearish supporting the view. Trade Safe and good luck.
EURUSD have been rallying sharply over the past few days - Seeing the narrow range price action and momentum weakness across the short term time frames, there is a scope for this market to drop towards the multi sessions uptrend line. Trade Safe and good luck.
Seeing momentum weakness across higher time frames and double top on the hourly chart, as the market broke out the trend line, i am expecting the market to visit prior lows. Trade Safe and Good luck.
CADJPY have been trading within multi-sessions bullish channel, so far price almost reached the top of the channel, as we have an important release about CAD unemployment figures today, i am seeing the scope for a breakout of this channel, expecting the price can test 81.90+. However this is a short term picture, though overall the momentum on the bigger time...
EURUSD just been breaking up the bearish trend line - There have been divergence playing out on the daily time frame, expecting this market to test 1.1264 and potentially 1.1324 over the coming days. Trade safe and good luck!
EURUSD is quite choppy on the higher time frames form past couple of weeks, just been trading in a narrow range. Seeing convergence on the higher time frames with losing momentum all along, expecting the market to test 1.1135 handle and bounce thereafter. Good Luck. Trade Safe!
Following hidden divergence on higher time frames, USDJPY fell sharply past few sessions, looking ahead, momentum on this market is negative which adds into the view so its likely to be testing the prior lows around 110.80 zone. Trade Safe!
EURUSD fell sharply past week, expecting this market to test the prior lows, at the moment it is under correction phase, looking to short this market once it tests the top of the expanding channel. Trade Safe!