#GbpAud- False break could lead to a drop Last week, GbpAud broke above the 1.9170-1.9200 resistance zone and reached a high of 1.94. However, the pair couldn't hold gains and dropped again under this resistance. Usually, false breaks lead to strong reversals and drop/rise to the next important level and, in this case, the next support at around 1.86, maybe even...
EURGBP we’re all here! Swing trades nicely, just follow the trend and let the market do it’s job
EURGBP going sideways. Once it break the support, i think it going to touch high low.
Already provide analysis, but have high probability of it breaking the weak low support of 0.86500. If it does break, you can’t stop EURGBP from going go 0.85549.
The EURGBP pair start to form some correctional bullish rebound by recording some negative targets by reaching 0.8660 level, attempting to test the first additional target at 0.8735, reminding you that the continuous fluctuation below the major resistance 0.8825 and the continuous negative momentum coming by the major indicators allow us to keep the bearish...
From daily chart, it may seems like bearish signs candle is forming. 1 hr and 4hr yet to see bearish candle. I believed it will come by tomorrow:)
It went to 1960, even over 500 pips ! That’s insane~
What your thoughts on gold… possibly long. Looks like USD is down and Xau not yet reaching the peak.
From GBPAUD analysis, i can see double top forming from weekly chart.
AS FOLLOWS PER previous ideas. Multiple rejections at upside.
LET’s go, exactly what I pictured. Multiple rejection!
From previous high, i shows rejections after rejections. We could see a huge drop to 101 at least.
Pairs should see a distinct pullback soon! I expect the wave to complete to at least point C using Elliot waves. If the US economy show further signs of fasts yields can rise and that can blemishes the JPY further. We’ll then see a bearish /big drop for CADJPY.
Let’s go, CADJPY trade active! As shown from previous idea, CADJPY will be testing the support zone!
CADJPY) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend!
For now, it already hits the horizontal resistance. We starts to see bulls trying to be the momentum going, however due to overall market outlook analysis we could see CADJPY preparing for huge drop short! Next week, CADJPY going to retest the support. We’ll be seeing a few rejection around 105+ before it reaches to 103 at least. Keep in mind that next week...
From my POV, CADJPY will be testing the bottom support! I expecting a bearish position. With the price hitting the resistance, eventually will reject a couple of times. The price is definitely going down and hitting the support. From the daily analysis, it’s bearish.
Long-term play We could see a big sell, currently we could see a few resistance. The bulls are getting tired, short long term swing strategy. Towards tp: 158 first