USDJPY BULLISH 19/03/2018Price have been well supported. Selling does seems drying up, seems like an good opportunity to go in at this price level with an wider stop due to the upcoming news release that might spike.
Another way is to wait after the news have settled down with an bullish candle to prevent the huge spikes.
Fuinsights
USDCAD HEAVY BOAT 19/03/2018Too steep a bullish movement for this pair, I personally do not like when pairs move in such speed rather that is smooth trend gradient.
Becareful if you were to long and not to short too early, its still not favouring a sell yet but we will see it soon.
We will have FED Fund Rate annoucement soon, it will be fireworks for XXX/USD Pairs and USD/XXX pairs!
EURUSD SHORT 06 MARCH 2018Bulls are looking for reason to long this pair, any positive news will be good reason for them to enter long. However the weird thing is, the price cant seems to support this theory of 'Bullish Euro'.
We will see price sliding down even further, it does not matters what the news about the election will be, EURO will not be as bullish as it is in 2017.
EURUSD Short 26 FEB 2018We might be seeing a change of trend/consolidation period for EURUSD moving ahead. The price currently is resting on a trendline support and the recent two bearish PA on around 1.25X is not showing signs of bullishness yet.
Long term, it is still bullish but for now, trend might change to go into bearish/consolidation mode.
AUDUSD Trade Ideas 26 FEB 2018AUDUSD have just bounced off the support last week on Thursday, follow be a retest on Friday. The big bull run up structure is still strong however the recent sharp downward movement signal us to be cautious. We are not in a triangle range, which can go either way, I am on a long trade currently but i prefer to be on the bearish side when price hits around ~0.8
USDCAD Long 26 FEB 2018After a long downwards movement, continuing from last analysis, USDCAD have been moving up sharply(observe the gradient of the drop/rise), it does resemble a V shape. It have been resisted around the 200MA last week with news adding pressure on the bulls.
There will be an trendline support which coincides with the other price support levels, watch that closely!
EURUSD Insights/Ideas EURUSD have been in a strong bullish trend since 2017, we will not be going against the trend unless we see strong bearish signals to indicate us/put us in lower risk.
There is both Short and Long Opportunity depending on how it played out on the levels moving forward. I don't feel good when price hovers around a 52 Weeks High, it shows me that price will want to break that level taking out stops that people placed around it.
The movement might go as high as 1.216X, we will be watching out for strong bearish signals before making a move. Intuitively, its too late to long and too early to short now.
Likewise, remember the trend is always your friend.
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