NZDCHF Technical Analysis Buy Area 0.6770 1st Take profit 0.6825 Breakout this level another buy 0.6837 take profit 6920 area
Other side of Sell Area 0.6730 take profit 0.6610 area
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EurGBP continued downtrenddaily downtrend has been exhausting after a push and is currently nearing a trend resistance level. Here i believe that price will start another push to the downside after the very big bearish engulfind candle last week.
GBPJPY - On chart we can see parallel lines and detect trendIn this pic we can see how parallel lines (candells) can show trend. When you see them you can expect much more bigger up trend. In BUY trend they coming from another side, you have one more idea down in atach for parallel cand down trend situation.
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GBPJPY - on cart here we can see parallel lines -SELLIn this pic we can see how parallel lines (candells) can show trend. When you see them you can expect much more bigger down trend.
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eurnzd shortlooks like the trend will continue on EURNZD ... after the close on this daily candle, there will likely be continuation of the downtrend to new lower low prices
AUDUSD LongThe AUDUSD is tracing out what appears to be the finishing stages of a downward move. Downward momentum appears to be finishing and our bias is largely bullish for the pair. However current downward move could still stretch to as low as 0.70191/0.70137 cluster zone. At this zone we expect to see strong buy orders enter the market if not before.
However, the bullish case shall be completely enforced if downward sloping blue dotted trend line as shown is penetrated at daily close. On daily close above downward trending blue dotted line, next target will open up in the 0.76690/0.76031 resistance zone.
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AUDCAD LongAUDCAD has assumed a bullish shape. Currently we anticipate consolidating into long positions just above the blue trend line shown with target in the 0.96388 region. However, any price move or price close on a daily basis below 0.9352 zone invalidates the bullish outlook
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gbpnzd long term sell#gbpnzd is currrently sitting near a weekly resistance of 1.94516 and is retesting the area. It had a clean break to the downside, is retesting, and if the ceiling holds, could mean months of bearish momentum. With the setup that i have made, it is about a 300 pip risk before the Stop loss and a 2,250 pip gain down to the previous low of 1.68607. I think if you are a long term swing trader this could be your money trade for the year.
Trading idea Gbpjpy h4 by theforexscalperTrading idea on gbpjpy h4 by theforexscalper, wait for confirmation.
eurjpy trend continuationim expecting the trend to continue bearish for this pair. Here we have a highly respected resistance line and after this exhaustion, i believe that pice will continue to the downside
nzdchf sell bearish engulfing daily this pair is dropping at least to the trend line. nice triple top!
gbpjpy clear channel trendgbpjpy is trending down inside a beautifully respected parallel channel. i'm expecting this trend to continue with the weak sterling and continue to the bottom half of the channel. finding suppoot around the 1.36 levels
nzdcad head and shouldersNZDcad has been in the process of completign the head and shoulders pattern for quite some time and i believe it is ready to make its drop. current price should hit its head and then fall down to .895 levels and below.
GBPCAD LONGSwing trade again here. The pound has been rallying and can also see break out of resistance. This has now been tested and confirmed to be the new support. long this with a tight stop and move stop with every new swing created.
GBPUSD Swing tradeHere can see a retracement after a rally. Found support again after a profit take a looking like it will go long.
AUDNZD ShortThis pair is often in a range so this is a prefect trade to take. Can see support has held again and closed below. Quick Support and resistance trade.
EURJPY [Monthly] Are we going to see 115 ?Jpy begins 2019 with a boost, negative sentiment dominates but from the perspective of this high TF ( monthly chart ) I would avoid price chasing. Would prefer to fade the rally towards 127,50ish
USDJPY [Intraday] Sell rallies towards 113,50 ?Better sentiment at the begining of the week ? If so we may see rally towards 113,50 and we would like to sell into that rally.
Education post 22/100 – How to trade with the trend?Check our post how to draw HH, HL, LL, LH and then compare with trend line. You will get very good trend presentation.
For confirmation also add MA 21 and EMA 8 indicators and check if the ema's crossed.
Check the example above to see the 3000 Pips trend move.
