Looking at shorting this pair if price actions lines up correct throughout today.
Looking at the weekly timeframe, UJ has been bearish for over a month now, but we are starting to see wicks to the downside which indicated the pair is slowing down. At the minute, this pair is still in a downtrend, so all options are option, but my personal bias is that we will begin to see buyers come into the market next week. For a valid buy on this pair,...
Looking at potential longs on EJ going into next week. Last week finish with 2 daily bullish candles, which looks to be the end of the road for selling on this pair. Thursdays daily close brought a 4 hour double bottom to indicate price has run out of steam to the downside and will now see bulls get in control. From this, friday showed non-stop bullish momentum....
NZDUSD - Long Looking at a nice trend continuation on NZD/USD going into next week. Weekly candle close above the key level of 0.60500 is a great indication of the bullish week to come. Price is currently its highest in 3 months. Daily closed as a doji, showing indecision. This means I expect price to pullback to retest the key level zone of 0.60500 region, before...
EA is approaching the daily and weekly key level of 1.63000 once again. Already took 60 pips off this pair in the last fall, can it happen again? Will only be shorting this pair if price action looks correct around this price region. A break to the upside and a confident retest will change my bias to long on this pair.
Here's my current view on BTC. As you'll see in my earlier posts, I anticipated a fall to the 8000 region on BTC, and do still personally believe its going lower. Still watching for multiple confluences before entering this pair but the set up shows my target entry, stop and profit levels.
Nice price action rejecting the 1450 area. Bias is upwards on this pair.
This pair is currently ranging between 0.89000 and 0.90600. No trade currently to take but will look for an opportunity when it breaks its range whichever way it goes
My bias on this pair is short term bullish, up to around 0.65000 region. Skeptical on this pair as its been very very bearish for a long time, but due to USD fundamental happenings this pair could gain some strength. No current set up on this but I would be temtped to take a long trade if I saw a break and retest of 0.64400 region.
My bias for this pair is bullish for a few reasons. From a technical perspective, a strong bullish run at the end of last week from 1.19500 looks to indicate the bulls are finally getting some strength. If i was to see a retest of 1.22500 level I would look for more bullish confluences for a potental long set up, aiming for 1.24000 as my first target. This pair is...
Outlook for this pair remains bearish. I'm currently sat 150 pips into a sell order on this pair, with an entry of 1.33200. I expect this pair to achieve target of 1.31000.