Priceactionsignals
Shorting GBPJPYSeeing how price are able to hold at
300, a drop could be anticipated towards the recent low.
USDCHF for a BUY!If price are able to hold above 93 for the next few candles, a push up towards the recent high would be anticipated.
Long on EURCHFSeeing how price are able to hold above 557. Would be anticipating a push towards the recent high.
GBPAUD for a BuUYIf the buyers are able to hold around 1.848, a strong buy would be anticipated towards at least the recent high.
GBPCHF for a BUYIf price are able to hold around 30, a push towards the recent high would much be anticipated.
Big Picture analysis for USD/JPYWeekly chart
- Past 5weeks candlestick bar in range after strong bull 7weeks before.
- Pin Bar formed after retracement.
- Range inside bar with bullish probability.
Daily Chart
- 2x Rejection at daily/weekly Resistance line. 2 events (21/05/2018 & 15/06/2018).
- Clear Sideway Range with 3x bullish pin bar formed.
- Reversal bar formed recently at Daily S1 .
Summary
- Possibility of price pulling back down and push back up to break daily/weekly resistance line.
- Favours towards bull as both weekly and daily shows positive uptrend.
Due to NFP upcoming Friday, it will affect the movement to either break resistance line or continue bear and break daily/weekly S2.
eurusd pullbacksee my profile for full analysis of eurusd
eurusd pullback to break-outed line and then going to sell position again.
NZDUSD (Daily) Price Action AnalysisAfter a strong bearish move to the down side, price reached to a strong weekly support zone. You can either wait for a daily or H4 bullish candlestick pattern to get long or you can blindly take a long position around this support zone.
