Fxsignals
$EURUSD - Last Gasp Before 1.10's - The BIG SHORT!If EURUSD cannot break out and close above this range,the one weve been in for 100+ days; i think it will finally crack to the downside and open us up to a big short opportunity.
Taking short position at OTE of last swing, targeting 1.10xx
Pay-tience with this one
$GBPUSD - Adam, Eve, and the OTEOn the left we have a *potential* Adam and Eve formation.
Pretty textbook looking: prntscr.com
Im by no means an expert on this pattern so if i am wrong someone please inform me in the comments below.
Will be placing a long at the OTE of our most recent swing, targeting the top of this range @ 1.319 - but will watch for continuation to 1.34's
EURCHF LongThe sentiment of EURCHF currency pair is UP SWING. Recent swing is moving UP from lower band to middle band. The previous swing of EURCHF currency pair was DOWN and had no volatility movement, so demand is decreasing. As market direction the sentiment has turned to positive while the buying pressure overcomes the selling pressure.
The execution of selling price at 1.14159.
The first price target is estimated 100.0% at 1.14240.
The second price target is estimated 200.0% at 1.14321.
The escaping of price is estimated 100% at 1.14079.
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$EURJPY - Ping Pong the New RangeAfter the fiasco early this year with the currency flash crash, EURJPY has had a great rebound, but its now testing major overhead resistance.
I would bet this turns into its new range, for at least 2-3 months, and will trade it accordingly.
Shorting top of range, it could go a bit higher from the level marked on the chart, so be cautious. Ill be jumping in a bit early here with more sell limits just above the range ( blue line )
Targeting 122.8xx and will begin watching PA for Longs in that area
Long for GBP/JPY?After the last bull week that break a monthly resistence (yellow). The price has been retest the upside channel in 4H and we wait for confirmation for go long in this pair with 2 Tp. Near daily and weekly supports. If the price break and close below 141.550 I start to think in an end of the bull run meanwhile the GBP in genereal looks for a good bull in the weeks ahead.
$GBPUSD - Double Tap Play! Short the retrace into a Long!This pair had quite a bit of momentum, but as long as the US shutdown does in fact come to a temporary end this week, we will get a decent retrace, add a ( nother ) Brexit vote into the mix this week and i doubt this huge move is going to hold up here.
That being said, once retrace is complete i will be looking for longs in the areas noted on the chart, and will likely be holding for a few weeks.