i'm waiting for a buying opportunity here on the USD/CAD because i believe its continuing the bullish movement and it has also broke out from a descending triangle on a 4H and retested it and it currently has good bullish momentum.
i think the sellers are out of steam and the buyers will retest and hold the support trendline up to at least the 1.31351 level.
i think the market might respect the resistance and dip down to the 1.81307 level at least, or retest the uptrendline.
i think the NZD/CAD might continue to sell, as we can see it has retested an uptrend and the downtrend, and the market is heading or retesting in the selling direction; and also currently its experiencing some quite indecisions but im hoping for good bearish candlestick as confirmation after the indecisions before i place my sell down to 0.79592.
i think the EUR/JPY will continue the with the bullish movement atleast up to the 169.272 level, it retested the uptrend(1) and it seems like its breaking instead of retesting uptrend (2) if it closes with a good bullish candlestick i will consider buying.
this my gold prediction, a drop to the 2.424.180 level or down to 2.295.213, i dont know what do you guys think?
im waiting for a shorting opportunity here on the AUD/CAD because of the trendline breakout and it respected the major downward trendline which i believe its still valid, the momentum is good we shall see.
i think the AUD/USD will continue selling, i will place my entry when it closes below the support highlighted on 0.61708 or within the profit zone, it has retested the resistance which is the downward trendline, and also broke two supports which are presented as upward trendlines i believe it's heading to the previous major support trendline which is about where...
I think the USD/JPY might go up to the 161.670 zone before it falls down and gain more downwad momentum... we shall see,,
I believe we might see some downward movement on the EUR/USD, the momentum seems to on the selling side and, also its a downtrend retest its more clear on a 1M timeframe,the sellers shot out of a little consolidation and buyers are pushing back up but believe it will sell and reach the target, we will see, FX:EURUSD
I see a short setup forming, it might take some time we shall see. Trade safe.
Sellers are losing momentum, will wait for bullish confirmation accompanied by some good momentum.
I personally believe the pair might make a small short to the previous resistance level
Mommm, we finna blow up! Overall bias is buy but the market might just take a little slip.
The USDJPY breaks up the previously broken support, of which is caused by the failed retest with resulted in to the market breaking the level and it is also continuing with the respected upward trendline direction. There is a possibility of a bullish momentum continuation.
Yesterday i published a buy idea on this pair and it is going well so far and I will be looking for a BUY entry when I get a good bullish candlestick close above the Fib. 61.8% level and put my stoploss below the Fib. 50% level.
If the buyers push the market up with good momentum candlesticks I will consider a buy to the previous support.
The pair has respected the support trendline with good bullish momentum it is currently sitting on the resistance trendline and a strong resistance level. With the respect of the support trendline and the good momentum it might break the resistance and head up with or without retesting the might-have broken resistance. We shall see.