Analysis: Bearish Confluences Strong downwards trend Retesting an area of significance "Golden zone" fib retracement area Downwards trendline touch The AUD is the 2nd weakest major currency whereas the USD is the 3rd strongest major currency 7K long position decrease for the AUD 6K short position increase for the AUD 1K short position decrease for the...
Analysis: Bullish Confluences Strong upwards trend Simple bullish 1,2,3 move Retesting an area of significance 50% fib retracement level touch In an ascending channel Upwards trendline touch Inverse head and shoulders pattern formed The USD is the 3rd strongest major currency whereas the JPY is the weakest major currency 1K short position decrease for...
Analysis: Bearish Confluences Longer term strong downwards trend Retesting an area of significance Downwards trendline touch Triple top pattern forming Head and shoulders pattern forming 16K short position increase for the EUR 3K long position increase for the CHF Bullish Confluences The EUR is the strongest major currency whereas the CHF is the...
Analysis: Bearish Confluences Strong downwards trend Retesting an area of significance In a longer term descending channel Longer term downwards trendline touch The CAD is the 4th weakest major currency whereas the CHF is the 4th strongest major currency 12K short position increase for the CAD 3K long position increase for the CHF Bullish Confluences ...
Analysis: Bearish Confluences Shorter term downwards trend Retesting an area of significance 31.8% fib retracement level touch Broadening descending channel patter formed Downwards trendline touch 4K long position increase for the USD Recent news for the USD has been bullish Bullish Confluences Longer term upwards trend 4K short position increase...
Analysis: Bearish Confluences Strong downwards trend Break below major support Retesting a previous key level 38.2% fib retracement level touched In a descending channel Downwards trendline touch AUD is the 2nd weakest major currency whereas the CAD is the 4th weakest major currency 14K short position increase for the AUD Recent AUD news has been...
Analysis: Bearish Confluences Strong downwards trend Broken below past major support Retesting a previous key level 61.8% fib retracement level touched In a descending channel Downwards trendline touch 4K long position increase for the USD Bullish Confluences GBP is the 2nd strongest major currency whereas the USD is the 3rd strongest major...
Analysis: Bearish Confluences Strong downwards trend Retesting an area of significance 61.8% fib retracement level touch In a descending channel Descending triangle pattern forming Downwards trendline touch 8K short position increase for the EUR 2K long position increase for the CHF Bullish Confluences EUR is the strongest major currency whereas...
Analysis: Bearish Confluences In a strong downwards trend Recently broke below major support Retesting a previous key level 50% fib retracement level touched In a descending channel Retesting a strong downwards trendline 8K short position increase for the EUR 4K long position increase for the USD Bullish Confluences EUR is the strongest major...
Analysis: Bullish Confluences Breakout of downwards trend Retesting a previous area of support Breakout above longer term downwards trendline Retest of previous longer term downwards trendline for support 1k long position decrease for the USD Bearish Confluences 1k short position decrease for the USD Stay Safe - The JPI Team Please feel free to...
Analysis: Bearish Confluences Strong downwards trend Retest of a previous key level 38.2% fib level close by Downwards trendline touch 2k long position increase for the USD Stay Safe - The JPI Team Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read and responded to. We...
Analysis: Bullish Confluences Overall longer term upwards trend Retest of a previous key level Longer term upwards trendline present Bullish falling wedge pattern forming GBP is the 2nd strongest major currency whereas the USD is the 4th strongest major currency 4k short position decrease for the GBP 3k long position decrease for the USD Bearish...
Analysis: This is another setup that we see involving the GBP and this is pretty much the same as our GBPUSD setup. Firstly looking at price it's clear to see that we're in an upwards trend. We're forming higher highs and higher lows. We also have an upwards trendline which is being respected giving us even more confluence that we're in a strong upwards trend....
Analysis: Bearish Confluences Strong longer term downwards trend Retest of a key resistance level Longer term downwards trendline touch Head and shoulders pattern present 9k long position decrease for the GBP 1k long position increase for the CHF 2k short position decrease for the CHF Bullish Confluences GBP is the 2nd strongest major currency...
Analysis: Bearish Confluences Strong downwards trend Retesting an area of resistance 61.8% fib retracement level touch Downwards trendline touch In a descending channel 8k short position increase for the AUD 2k short position decrease for the JPY Bullish Confluences AUD is the 3rd weakest major currency whereas the JPY is the weakest major...
Analysis: Bullish Confluences Strong upwards trend Retesting a previous key level 61.8% fib retracement level touch Long term upwards trendline touch Falling wedge pattern forming 3k long position decrease for the USD Stay Safe- The JPI Team Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or...
Analysis: Bullish Confluences Longer term upwards trend Retest of a key level Upwards trendline touch EUR is the strongest major currency whereas the USD is the 3rd strongest major currency 12K short position decrease for the EUR 6K long position decrease for the USD Bearish Confluences 14K long position decrease for the EUR 1K short position...
Analysis: Bullish Confluences Price has formed a higher high We're retesting a previous area of support Upwards trendline touch 3k long position decrease for the USD Neutral Confluences Symmetrical triangle pattern forming Stay Safe- The JPI Team Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback...