Price bounced off the 50% retracement on the monthly chart (Big yellow square), and currently price is sitting at the 50% retrace bounce (small yellow square. Targeting the yellow rectangle shown.
Price seems to have stalled at the 2640 area, which seems to be a good resistance. Price have retested this level, and haven't closed above it on the 1hr / 4hr time-frames. Short from this level. Targeting 2200 and lower.
Price has been playing inside a rising wedge, giving us a short bias. Short trade entered.
Cable broke the descending trendline, and price has retraced to this trendline. We have a Double Bottom that formed already, so currently just going with the flow.
Price has broken out of the Bull Flag and has retested the top of the flag again. This time price is at the 14.00 round number, which is a support area. I've gone long targeting 15.10.
Price is at the bottom of a bearish flag. Strong resistance at the 1.88 area for a short opportunity. Target set at 1.73.
Price at the bottom of a possible Bull Flag formation. Looking to long targetting 13.98 then 14.50.
This pair is back at support 14.00 - 14.20 area, for the third time. Each time making a higher swing low (marked by the blue steps). Yesterday's high has been broken, indicating a possible change in direction, to continue the uptrend. Target areas: 14.50 / 14.90 / 15.20 / 15.60 / 16.25.
With price back below 12.67-72 resistance area, we could see a possible head-n-shoulders forming. Will wait for Price Action around this area to short. Might even get a nice short entry from NFP tomorrow.
Last week's bar closed above the resistance around the 12.72 area and closed above the highs of the previous two weeks. Price has retraced to the 50% area of last weeks bar, around support at the 12.50 area. Long from here targeting the 13.15 area.
Possible Triple Top forming on UsdZar. Price at resistance 12.67-72 area. Sold from here targetting 12.05 area.
Last week formed a retracement Pin Bar on FX:EURAUD of the previous Pin Bar (pink arrow). Today price has retraced to the resistance around the 1.6050 area. Short from here targeting 1.5800 then 1.5600.
Short opportunity from resistance with price retracing to the level of the left shoulder. Monthly chart shows a retrace of last month's Pin Bar.
With yesterday closing as a pinbar, and price is currently retraced back to support, a short opportunity has presented itself. GbpUsd also starting to drop at this moment.
Possible Double Top forming on cable. Price currently at resistance area around 1.3450 area. Divergence on the 15 minute chart to short from here.
Bearish Flag on GbpJpy. Price ran into resistance at today and might close as a PinBar, signalling a short trade entry for tomorrow. Targetting 143.75, then 139.50.
Gbp has become strong against all it's pairs and has run into resistance. GbpAud a resistance area around 1.8450 area. Short from here seems a good spot to keep stops low. 30 pips stop to be above today's high, or a more conservative 100 pips to be above the previous weeks high. Targeting 1.8150 then 1.8000.
Price hit 1.8300 Weekly resistance. Expecting price to test the 1.8000 area before continuing up.