Possible short on this pair. I will ride this to the supportzone just above 1.44 where you can see a spike to the downside and if you zoom out a support before.
Possible long on this pair, NZDCHF. It hits the downside of the uptrend tube. First safe target is around 0.7183. There could be a point where the support becomes a resistance. Next target could be the Highs, around 0.7300
In this downtrend we expect EURUSD to test the 1.05 region again. Possible break to the downside, for now lets ride it down to 1.05.
NZDUSD hits the downtrend line and hit the resistance zone yesterday - feb 7 2017 - (blue zone). Also it is losing strength to the upside.
Since GBPJPY is in a downtrend and reached a resistance area there is a short opportunity. First target is around 138.55. If it breaks through we can expect a further downside to at least 137.000
Gold reached a resistance zone. We will ride XAUUSD down to the support zone wich is drawn as a blue square in this chart.
EURAUD reached the resistance zone. I will wait till it hits the line which you can see in the blue square, that is the low at the moment. We have some space in case a new low will be made.
Since the downtrend is bigger then the uptrend there could be a possible breakout to the downside.
Hi everyone, USDCAD is on it's way to retest the old daily uptrendline and at the same is testing the new downtrend line. Possible short position.