Price rejecting demand zone at the region highlighted and a candle close past previous resistance is a testament to the bullish sentiment on this pair thus the buys.
This pair has been holding a bullish trendline in addition to a bounce off a demand zone that is further confirmed by a break of previous resistance zone. These are all signs of bulls being in control of the markets.
This pair is in a bearish market structure with price breaking a region of support thus forming a region of resistance. We also see a bearish engulfing candle. Waiting for the current 4hr candle to close below 0.7000 for me to take sells
Bullish reversal with this pair as price has taken out previous resistance which forms our new support. There is also a decent range for price to fill on the upside.
This pair has reversed at the 1.0723 region with buyers entering the market as demonstrated by the bullish engulfing candle on the 4HR TF. I expect to see price push up 100 pips.
This pair broke resistance around the 1.1150 region and formed new support. I am expecting that price retests this zone for a push upwards. Should the zone fail to hold, I will update this idea.
This pair has rejected a supply zone at the region that is highlighted. This bias is also confirmed by the bears that entered the markets taking out the previous levels of support. I anticipated a move to the downside.
At NY market open, price rejected supply zone around the 1.2190 region. It was a newly formed resistance level since price broke support last week. I anticipate price to drop to the 1.2105 area.
Bullish trendline on the 1HR TF is broken. Similarly, previous support level on the 1HR TF has been taken out. I already had sells at 118.28 with a 20 pip SL and a 100 pip TP. The trade is currently 29 pips in profit. Will be holding this trade for the next few days.
Bearish bias on EURJPY. This follows a double top formation on the 4hr tf where price rejected the supply zone around 188.18 region. Will be looking for bearish market structure on the 1 HR TF before taking my sells.
Price has been forming higher highs and higher lows. It has also been holding its bullish trendline and thus see there is room for an upward push. I already have buys on this pair.
On the 1 hour time frame we see markets taking out previous levels of resistant meaning that the bulls have taken over the markets. I am thus looking for buys on this pair at 1.2289 with a 20 pip SL and a 50 pip TP
GBPUSD has been forming a bearish market structure over the past few days has broken a region of support at the place that is highlighted by the rectangle. I expect price to retest that zone for a further push downards.
