EURUSD have been trading with in a multi days compressing bearish channel - price action is quite choppy over the past few weeks on this market. Looking at the USD Currency Index (DXY), it made a lower high and very much likely to be making a new low over the coming days so with that idea I am expecting that EURUSD is likely to be pushing up. At the moment...
AUDJPY price action broke out yesterday, i am expecting that this market is likely to be testing the 77.51 area, as short term momentum is weaker, i am looking for shorts here. Trade Safe!
EURUSD broke out the uptrend line support yesterday, for now I am expecting that this market is likely to be revisiting the broken trend line, where I am looking fresh falls to be setting up. Momentum on all across the board is quite weaker so I am looking for shorts here. Good Luck.
USDJPY testing the key areas with price action struggling getting up, however momentum getting weaker across the short term time frames as well, i am expecting that this market may likely fell from here, so keep an eye for a possible short trade. Trade Safe!
EURAUD have been falling quite sharply over the past few days, for now this market is testing the top of the trend line where I can see the scope for possible resumption in the bearish trend. I am waiting for the market to consolidate here and once it breaks below the consolidation phase, i will be triggering my shorts. Keep watching this market for a possible...
EURUSD broke yesterday's lows but couldn't sustain the bearish move. Price is almost trying to break the short term trend line, if it does, i am expecting the market to test the prior highs at 1.1420 area. Trade Safe.
EURUSD is testing the base of the multi-sessions bearish channel, overall momentum on higher time frames is shifting so i am expecting that this market is likely to be testing the prior highs around 1.1600 and above. Current area looks good to go for buys or you can wait for 61.8% fib area for buys. Trade Safe! Good Luck.
EURGBP price action is getting narrowed around a key area - momentum on all across the board is weakening, i am expecting this market to be testing the uptrend line over the coming sessions, keep watching this market for a short trade. Trade Safe!
SPX500 have been trading in a narrow range channel - so far it broke the base of the channel, expecting this market to break down which is more probable scenario to me at the moment, but if it doesn't then i am looking the top of the channel for a short trade. As this market is bearish trending and momentum on all across higher time frames supporting the view, so...
EURUSD broke out quite sharply yesterday - i am expecting this market to test prior lows since we have momentum weakness all across the board and overall the market is bearish trending from 2017. I am looking for lower degree time frame corrections to build shorts. Keep a close eye on this market. Trade Safe!
AUDCAD have been trading within a muli-session bearish channel, Since this market broke out past week so i am expecting it to continue its downside possibly approaching the prior lows around 0.9500 -0.9450 area. Momentum all across the board is well lined up, watch this market for a break out as mentioned on the chart. Trade Safe! Thanks for your support.
EURUSD have been trading in a narrow range compressing channel from over the past few days - it fell quite sharply this morning breaking out the compressing channel base, i am expecting the market to revisit its prior lows around 1.1215. So wait for the market to retest the broken base and consolidation to then shorts. Trade Safe! Good Luck.
AUDCAD broke out last week, current price action seems to be forming a higher low to then start of fresh falls, since overall momentum is quite weak on this market when looking across bigger picture. Keep watching this market for a possible shorts ahead. Trade Safe! Thanks for your support.
EURUSD have been trading in a multi-days compressing channel, at the moment it is testing the base of the channel, i am looking for the market to break this area and consolidate a bit for another move to test the prior lows. Keep watching this market and please read carefully the highlighted area on chart. Trade Safe. Thanks for your support.
EURAUD broke out quite sharply few weeks back followed up by a double top on bigger picture. As now this market rallying a bit but to me it seems like market momentum is weakening across the board which signals for a downside to ensue. Watch for compression here and strong bearish expansion bars to build positions or if you have your trading strategy consider...
USDCAD have been a nice runner from yesterday after BoC announced rates decision, at the moment bigger picture is showing signs of weakness and to me personally it looks like market is likely to leave a multi-weeks high here as I can see momentum is weakening across the board though price rallying quite sharply. We have NFP & Canada's unemployment figures...
We have Bank of Canada rates decision today, market formed a double bottom and rallied quite sharply from there filling out the gap, for now i am expecting a reactionary type of move at the time interest rates are released, so after the spike up, if market rolls over & breaks the dotted line, I'll be looking for shorts. Keep watching this market. Trade Safe! Good luck.
EURUSD have been quite choppy across the bigger picture at the moment, on a shorter term time frames, euro attacked prior highs yesterday and couldn't sustain the rally and fell sharply breaking down the short term uptrend line. For now i am expecting a consolidation to continue a bit to then further falls around the prior lows. Keep an eye on this market for a...