charts247

charts247 Updated 

We took profit on cable long yesterday around 1.4435, for the past 24HRS we have seen a familiar pattern in the pair and we go short from here: 1.4400. From this level we expect price to break 1.4328 down and continue lower. We are entering this position with small lots with posibility to add after the break of 1.4328. If the pair manage to break the 1.4328, the...

charts247

We have been observing this pair. The buyers are losing the battle here. A break above 112.70 will enhance the buying prospect. Below 112.00 we see large slide in the pair below 110.60. At the momment this is a wait and see situation. We will follow the eventual winner! GLT and trade with care. Follow us on twitter @charts_247

charts247 Updated 

This pair as we can see is in a critical area! As a trader this is where we earn our money. -Will the pair continue higher -Will it trade lower from here -Price will consolidate For us, we have a warning signal! The retracement from 0.7680 area to 0.7476 is a sign that we might see another down move before eventually trading higher. We stand aside for now and wait...

charts247

The winner of this zone will prevail.

charts247

According to our analysis of this pair.

charts247

According to our analysis of the GBPUSD

charts247 Updated 

Nothing much to write here. As we can see the picture is pretty clear.

charts247 Updated 

The USDCAD as we can see failed to continue higher after breaking the 1.3222 up. The price action that followed is also very significant. We are short from the re-test level 1.3216. Lower lows, expected maybe a break of 1.2920 will open more slide in the pair. GLT and trade with care! Follow us on twitter @charts_247

charts247

Price have broke the structure 1.8747 back to the upside. By doing so exposing the 1.8887. Above the 1.8887 there is more room for upside move towards 1.9076 Area. Stop for this trade is placed just below 1.8673 GLT and trade with care. Follow us on twitter @charts_247

charts247

The EURGBP last week made a high of 07946 after breaking the structure high 0.7911. Price was was unable to continue higher. Right now we have seen price break below the low of the mini-consolidation that happened on THUR/FRI. From Here, Short is the call and we expect more slide in the pair. Stop is placed above the high 0.7949. Initial Target is 0.7774 Area. GLT...

charts247 Updated 

This pair we took a short on monday and we got stopped out. The pair then continue toirritate the seller up to112.89 area before giving up. The price action we have seen since then is pretty clear, price currently trading below 112.48 which is a strong indicator for us that buyers are now scrambling out of this pair. A break below 112.14 will be more telling as...

charts247 Updated 

We have been watching this pair closely from last week when it broke the structure 126.09 to the upside. Immediately the price traded back below the structure. Since 15Th March 2016, the pair have been trading this major struture and unable to break above with any purpose. Technically we are short the pair from 126.04 with a low risk. We are expecting price to...

charts247

We see downside continuation in the AUDJPY pair SHORT TERM. Short from current level 84.87, we expect price to continue lower towards 84.10 area. Take profit: 84.12 Stop Loss: 85.07 GLT and trade with care For more updates and info. follow us on twitter @charts_247

charts247

We expect the USDJPY to continue lower from here. At least the pair should break the low 110.66. Currently price is trading in a tight range and here we will take advantage of the price action. Target = 110.66 Stop Loss = 111.80 GLT and trade with care For updates and more tips follow us on twitter @charts_247

charts247

The price have trade back into the minor structure 1.4616. We see price trading higher in the coming session. A break above 1.4690 will open door for 1.4790. Target = 1.4790 Stop loss =1.4642 GLT and trade with care. Follow us on twitter @charts_247

charts247 Updated 

This pair AUDJPY is interesting because as we can see in this 4hrs chart there's a lot in its favour. 1. We have a (Very) strong Aussie. 2. The pair have traded back above the structure 79.53. 3. Pair is above the descending trend line 4. Gift to confirm the break is intact. Basically we are long the pair from here a stop is placed just below the 83.20...

charts247

As we expected according to the analysis the price is now above our initial target. We are closing this position taking 157 pips profit. GLT and trade with care.. Follow us on twitter @charts_247

charts247 Updated 

We have a nice setup on this pair, it is an opportunity to go long! On Friday last week we saw price broke the high of 11th Feb 0.6746 before the sharp drop (Disbelieving Wave). This move as we can see is likely not to make a new low below 0.6544 which stand as the validity point for the long setup. Anything above the 0.6544 is a chance to long the pair. We target...