bafanamathenjwa

bafanamathenjwa

if the EURNOK manages to break its major resistance zone at 9.87311 then it will be a buy until its previos major resistance zone at 10.03895 or if it is rejectecting that level and giving any reversal sign then we can sell.

bafanamathenjwa

USDPLN has formed a symetrical triangle, Any breakout is a signal to buy or sell.

bafanamathenjwa

USDJPY has reached its major support and fib level 61.8 and is currently rejecting that level, meaning it will shoot up.

bafanamathenjwa

The price has been rejected on the 1.13572 level for two times. When it reaches that support level if it is rejecting it then we buy or if it breaks the support zone then we sell.

bafanamathenjwa

GBPCAD is moving sideways and currently is going upwards and is pulling back a bit. A breakout should be enough confirmation for a buy.

bafanamathenjwa

It has reached it resistance zone and rejected it

bafanamathenjwa

The EURNOK shows that is it on a downtrend on daily timeframe Therefore I am expecting it to touch the outer trendlin since the inner trendline has been broken meaning it is going to re-test on the resistance zone at 1.74046 and should make a touch on the outer trendline.

bafanamathenjwa

The GBPNZD has made a false breakout now has formed a ascending triangle pattern on both H4 timeframe and daily, therefore any breakout and re-test would be a signal for going short or long

bafanamathenjwa

On a daily timeframe the NZDUSD shows that it is on an uptrend and has pulled back a bit Now it is continuing it's move on an uptrend.

bafanamathenjwa

USDCAD has broken it's major resistance at 1.34550 and therefore might be going back for re-test before shooting up to 1.36561 I'm expecting USDCAD to reject it's previous support line and give us a reversal candle which will be a confirmation for a buy.

bafanamathenjwa

GBPUSD created a triangle structure on H4 timeframe and broke the major support line at 1.29903 and therefore, I am expecting it to go back and re-test on at 1.29903 before it can be a proper sell.

bafanamathenjwa

I'm expecting USDJPY to go re-test on the long trendline and since it broke the inner trendline before shooting up. USDJPY looks like it is loosing it's momentum a little and will continue on an uptrend continuation until 113.655.

bafanamathenjwa

The EURUSD has chances that it might not re-test on the previous resistance, therefore continuing on a downtrend. But the close of the current candle should tell us wheather it is the time to enter or not.

bafanamathenjwa

The EURUSD has reached the fib leve 61.8 High chances for reversal => Sell on Rally