positionforex

positionforex

Approaching resistance in a down trend. Keep and eye open for a reversal. More analysis and resources on my website: www.sealionllc.com Follow me on Twitter: @sealionllc

positionforex

Normally a bullish pattern the ascending triangle can fail as well. Visit my website: www.sealionllc.com Follow me on Twitter: @sealionllc

positionforex

AUD/USD ascending triangle breaks down. Normally a bullish pattern it fails often. For my free signals visit: www.sealionllc.com Follow me on Twitter at: @sealionllc

positionforex

USD/CAD daily chart rejecting "shooting star" and pushing higher after Poloz misstep

positionforex

Price breakout, retest, and now upside. Should rally nicely from here.

positionforex

Overhead resistance approaching

positionforex

Price over 1.0120 can run to prior highs @ 1.07 Alan Posner - President & Chief Market Analyst, Sea Lion Capital Management LLC Free Educational Resource Videos: www.youtube.com Twitter: @sealionllc Website: www.sealionllc.com "Uncommon Wisdom for All"

positionforex

If the AUD/USD pair can bounce on this pitchfork's lower median line parallel, and break through short-term resistance, this pair can rally much higher. Since the end of May, this pair has been stair-stepping its way higher from the late May lows of .7150 to as high as .7750. The pull back into the .7600 looks like an entry opportunity as the price has found...

positionforex

EUR/USD has been on a tear but hit some resistance yesterday and is a little lower now. The short term 8-hour chart indicates a top. The pitchfork median line has provided target resistance, and the scale of this rally and the previous rally are nearly identical in time and percentage. While the in the very short term EUR/USD is bearish, the opportunity to rally...

positionforex

When price hits resistance and reverses, lots of voices call it a top. The .8700 level is where the pair has been stopped in March of 2013 and again in July of 2013. Price swooned south and had been rebounding since. Price is again at the .8700 level. Calling this a top might be a mistake since the pair has been much higher. The 2008 top was .9800! What's...

positionforex

The 1.06 price area has been the battlefront of the bulls and bears of this pair since May of 2015. This area has provided support until June 9th of this year where a selloff pushed the pair below this critical support area. In the last nine weeks, the pair has sold off, rebounded back above 1.06 and sold off again below 1.06. Current situation: - On the 3-day...

positionforex Updated 

Current situation: - Price is in a long-term uptrend since March - Today's spinning top puts the mid-term rally at risk - The short term price action is consolidating above .7165 Looking ahead: - NZD Cash Rate announcement is on August 10th but the RBA cut today may foreshadow the RBNZ decision next week. - Tomorrow GDT Price Index numbers will be released -...

positionforex

Current situation: - Price is in a long-term symmetrical triangle - Price is testing the lower trendline of the triangle Looking ahead: - Price will bounce off support and move higher - Price has tested this trendline multiple times demonstrating strength Notes: - Aussie employment numbers release on Wednesday. The forecast and results have been volatile.

positionforex

Current situation: - Price is at minor resistance with more resistance above - Price is in a long-term downtrend Looking ahead: - Waiting for the price to break down from the 76.25 area and move lower - Price has tested support at 74.75 three times. A break would be significant. Notes: - Aussie employment numbers release on Wednesday. The forecast and...

positionforex

This should get the larger selloff started..

positionforex

AUD/NZD long term trend line tested. A break will start a long term downtrend.

positionforex Updated 

Looking for either a reversal or a breakout....no trade at the moment.

positionforex

Current Situation: - Euro rallying after massive Brexit fall - In the medium term, EUR/USD is range bound since January Looking Ahead: - Price now retreating from short term minor trend line resistance - Possible reversal patterns forming - Close below 1.1075 confirms the selloff to support near 1.0525 has begun Notes: - Expect not only expanded stimulus...