kingdavidchart

kingdavidchart

GBPJPY just made it's first move on a long term bullish trend. But on the weekly chat remember that GBPJPY is on a consolidation. STOP LEVELS & TAKE PROFIT ARE GIVEN ON THE CHART

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OANDA:CHFJPY failed to break out of the trend line and which signifies more bullish momentum to break out of the resistance turns support zone. NOTE ALL TP & SL ARE PROVIDED ON THE CHART

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OANDA:NZDJPY has been consolidating on the daily lows which right now the price is making new daily highs. SL: 65.407 TP1: 68.129 TP2: 69.900

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OANDA:USDCAD swing trades still continue and right now the market is heading for the last daily support (1.33838). SL: 1.38804 TP1: 1.35967 TP2: 1.33838

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OANDA:XAUUSD broke out of the hourly channel down and making it's way to the daily highs. SL: 1694.315 TP1: 1747.524 TP2: 1765.192

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OANDA:GBPCHF still retracing back to the daily support zone. It broke the 1st level support level and it is heading for the last one.

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OANDA:AUDUSD has been showing more bullish momentum and it is time for it to take a break and move back to the daily low before the uptrend can continue.

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CADCHF broke out of the support zone in which the price has been consolidating for a while and getting ready to sell to the next level of support.

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OANDA:EURCHF rejecting the support a lot and it shows there will be a lot of rejection in that area while we patiently wait for the sellers to lose momentum.

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OANDA:AUDUSD forming a reversal pattern on a 4 hourly chart which can show a huge downtrend on AUDUSD. But right now we are still on a uptrend.

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OANDA:XAGUSD forming a triangle pattern on the hourly chart which is a sign that buyers are losing their strength to continue the uptrend

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Right now gbpusd is really bearish after breaking out of the triangle pattern it respected the height resistance of the triangle and got rejected.

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SPCFD:SPX failed to break the resistance and also it broke out of the trend line next level support @2519.0

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FOREXCOM:AUDCHF broke out of the trend line and it is forming new highs moving gradually to the major resistance.

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FOREXCOM:NZDCHF forming new trends to retest the weekly resistance which is now forming new HIGHS&LOWS

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FOREXCOM:EURAUD is on a downtrend market structure and there is a possibility for it to retest the main consolidation zone but if price breaks out of the mini consolidation i will be looking for short entries.

kingdavidchart

Hello traders AUDCHF is going back to retest the daily lows and i am looking at a possibility for the daily lows to be broken also due to the unemployment rate data and the covid-19.

kingdavidchart

Hello traders OANDA:AUDUSD has being in an uptrend for quite some time and i have being waiting for the current HIGHS OR LOW. So i can join the trend or trade against it.