Long positions above 0.6535 with targets at 0.6560 & 0.6600 in extension. Alternative scenario Below 0.6525 look for further downside with 0.6505 & 0.6470 as targets.
According to this chart, Australian Dollar / U.S. Dollar will keep moving upside . S-RSI crossover is confirming that. We may see the following levels soon: 0.7178 - 0.7199 - 0.7220 Keep your eyes peeled at the key level. Breakdown of key level: 0.7120 - 0.7100 below I don't recommend selling the AUD/USD until the breakout of my key level.
According to this chart, USDCHF is an uptrend for a short period. As mentioned above, we will see T1 and T2 soon. Beware to strong support trendline. It has tested twice! We are currently seeing buying pressure because of speculators and volatility. If breakout the support level: It will hit 0.87760 (T1) - 0.85600 (T2) to 0.83541 (2015 January's Low Price).
Short positions initiate at the hurdle line with targets at 1.1720 & 1.1695 in extension. Hurdle 1.1750 According to the chart, the breakout of hurdle lines means a short downtrend. Hence, don't initiate a position before confirmation of breakdown. And don't buy/sell in that mid area.
Long positions above control price with targets at 106.60-107.20-107.75 in extension. Hurdle: 105.20 Don't buy below the hurdle line.
USDJPY prices are falling since the mid-2015 year. In the 2020 year, it has made a low price of $101.180 . Are you still expecting up moves for the short-term? Then wait for the breakout of USDJPY-Bull Resistance . According to my Parallel Channel (B), short positions in the range of $106 to $106.5 or below with targets at $105 - $104.5 - $104.260 in...
GPCAD CORRECT MORE THAN 200 PIPS NOW PRICE SHOWING SUPPORT AND WE ARE EXPECTING A BUYING FROM CURRENT LEVEL BUY GBPCAD @ 1.7395 TP1 : 1.7450 TP2 : 1.7530
As per this chart, the trend continuation will drag up for 9.94600 - 0.95000 levels. Keep your eyes on the support trendline, USDCHF has broken it. If it's not fake-out, 0.92360 - 0.91800 target levels.
EURAUD price begins to accelerate higher faster than other currencies from the control price (CP). It can hit 1.63500 - 1.64060 after crossing the CP level. Hurdle: 1.62150 This hurdle is a game-changer. It could explode downward and prices may fall 1.61850 to 1.61360 levels. The above information is sufficient for a smart trader to start minting money.
Hey guys as I posted earlier in the week i expected price to make its way back down to 105.000 once again from there looking at possible buys. I think that we may have a final manipulation spike to the downside before a quick move back up to make new highs. This pairs taking a bit of patience but price is slowing down and showing good signs.
Looking at catching an intra-day short trade off the back of a very bearish day for usdcad, this could be some early selling before data on friday, we often see moves like this early in the week.
As mentioned USDJPY had the potential to find its way down to 105.000, then from there I would be looking at longs. Price has slowed down and showing signs of making the upside move. The yen has been strong across the board so this may still need some more time to develop but 105.000 should show a bit of a bounce to the upside.
Just a bit of an update to the idea I posted a few days ago, we have seen the bullish move now that I've been looking for out of the highlighted zone. I will be monitor for further upside and a pull back to get another entry.
As you can see NZDCHF showing rejection off the major level 0.62000 highlighted, with 2 daily bearish candles after price slowed down significantly. Ill be looking for price to push back up a little before trying to place a trade, this could be a longer term trading and may take some time so be patient! good luck for the week ahead!!
I had this level 1.33500 highlighted last week and explained that I wanted to see some bullish moves off and around here as has previously shown a huge level. On friday after such huge downside for the US dollar you can see USDCAD still trying to make a move back up, ill be looking at any more drives into the major level for a good buy opportunity, then from there...
US dollar index coming into a major level of support around 95.70 this is vital for direction on a few currency pairs I'm looking at, I think we may see a slow down in price as the US dollar has been falling for a number of weeks now. We may see a small pull back from this highlighted level for possible further move back to the downside, either way I will be...
Watching for any sign of US dollar strength to push GBPUSD back to the downside. DXY you can see the dollar is coming into big support area, wait for reversal signs and dollar strength before looking at a position on this as moving fast to the upside at the moment. Keep stop losses tight and trade with caution!
Last week i posted this short to 106.750 which worked out nicely, this week I'm looking for a possible rejection from this highlighted level for a small intra long back to 107.600 at lest. Highlighted 106.750 area you can see the amount to previous support on the 4hr with a late push off on Friday. I will be looking for price to push back down a bit and looking...