EURUSDEver since Euro broke consolidation zone, it's been smashing though ceilings , HHs, HLs, MAs are open. Euro could retest monthly support 1.1773 or 38.20% fib 1.1660 zone. Over all target is 1.2500.
Astrofx
GBPUSDGBPUSD Broke monthly resistance, retested it, constant HHs,HLs, MAs are open. Our target is weekly resistance 1.3450. Safe SL is a little under 38.20% fib, which is also the tl.
AUDJPYBullish structure broke, MAs crossed over, tl broken, and under monthly resistance 88.00. First target is 38.20% fib level, 86.30.
GBPJPYAlthough GBPJPY seems very bearish, Price is staying above weekly support and respecting TL. MAs are crossing over. (Risky trade)
EURUSDHH/HLS, MAs open, Euro could possible come to Monthly Support 1.1773, or 38.20% fib, before shooting up.
USDCADUSDCAD will continue it's downward journey till Monthly supply 1.2245 zone. UC re-tested daily resistance and, now we could see it fall.
AUDUSD - LONG CONFLUENCES ON CHART (GOOD R:R)This looks to be a good setup , if you are going to take this setup remember to risk responsibly.
USDCADWeekly bearish, USDCAD has been super bearish, MA's crossed over, (open), UC will try to break its previous lows on weekly, potential target for now is monthly support 1.2245 zone. Analyze bigger picture.
GBPAUDTL broken, MAs crossed over, GA could retest to 1.6430 before it drops to Weekly support 1.6250.
GBPJPYCurrently at Weekly support 144.07, if 144.67 is broken and becomes the support GJ is expected to reach back to Monthly Resistance 147.47 zone. Anyhow, if GBPJPY breaks below weekly support 144.67, GJ could potentially reach 140.00 since the trend is bearish, and MAS touching each other on daily tf.
AUDJPYAUDJPY has broke the bearish structure, MAs have been crossed over, HLs and HHs. An uptrend channel has formed and its respecting the market move. We could see a retrest at monthly s 88.00 (CT) as its upper continuation move to weekly r 90.00. Once target reached further analysis will be updated.
EURJPYEURJPY has broken the trend line on weekly, CTL has also been broken, MAS crossed over. Bullish englufing on various time frames, EJ also broke out from its consolidation zone from 128.50 to 129.60. Now EJ could retrace back to weekly R 129.69 before it shoots up to monthly R 132.00.
AUDUSDAUDUSD Technical Analysis
AUDUSD has been in consolidation zone since early 2016, the price barrier was from 0.6884 to 0.7773. Auzzie tried to breakout through this area numerous times but failed. However, last week auzzie smashed through previous resistance, and on Monday it retested the new support 0.7785 (previous resistance). Since AUDUSD has finally broken the structure, price is predicted to reach back into 0.8700 zone from where it fell.
I will breakdown AUDUSD on lower timeframe for further explanation in next idea. Overall TP is 0.8670.
AUDUSDAUDUSD Technical Analysis for 4H/D
After the bearish structure was broken, price tested the trend line (Bearish) three times, also formed bullish engulfing. We also saw higher highs, high lows, with very strong support, the new price ceiling was broken and, became the floor which was also the weekly support 0.7773. Price retested the tl/support and shot up. MA's have crossed over, we might see a small retracement as auzzie continues to climb up to 0.8670 zone.
Short in EURUSDOn a weekly time frame we can see that EURUSD has been in a range since January of 2015 with the weekly resistance of 1.14200 being very powerful with many candlesticks not being able to break it. In recent months it rallied up from the low of the range but looks like buyers are loosing momentum again and we can expect sellers to be on the attack. The Risk Reward for me is good so I will have a short position open with my stop loss being right above the high.
GBPAUD Possible ShortGBPAUD has been between the 1.7800 High to the 1.5800 Low Range since July of 2016 with a strong support turned resistance around the 1.70600. It has been in the downtrend since May currently retracing but expecting it to continue in a downtrend. I would wait for a break of the CTL and go Short.
GBPUSD Long breakout -Possible Bullish flag pattern forming
-Support level at 1.26
-If support doesn't break enter on the swing low
USDCAD IdeasSelf explanatory chart:
CONFLUENCES
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Bullish resistance broken indicating strong bullish sentiment
Approaching Monthly Resistance at 1.34600
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Wait to see price action when it approaches monthly resistance
if price is rejected and EMA+SMA cross over look for short to
weekly support taking caution to the ascending trend-line.
Waiting for further confirmation before entering any positions on this trade.
USDJPY ShortMonthly Downtrend
Weekly Downtrend
Hour 4 declining trend-line respect
50% fib
21,SMA 8 EMA cross over
