Tekkers
USDJPY - Zones to watch There is a fresh 4hr supply zone which price hasn't yet really tested.
Good opportunity for potential shorts down to the lower fresh 4 hr zone
AUDCAD - Zones to watch this week Price has not pushed into this 4 hrs supply zone..
If price pushes higher This would offer a good short set up to the lower daily demand
NZDCAD - Zones to watch this week Price hasn't really touched the bottom zone, it has be pushed up before its gotten there which leads me to believe that this could offer a buying opportunity.
There is a fresh 4hr zone to aim for which as you can see price has been moving sideways for some weeks.
there is a truly fresh demand zone lower.
GBPUSD - Zones to watch this week Price has been pushing higher this past week.
there haven't been any real strong moved and mostly moved sideways.
Ill be watching the 4hr demand zone for potential longs.
First target of most recent highs offers a rr of: 3.9 :1
Secondary Targets would be the next set of highs at the 1.32 level offering a rr of 6.6 :1
GBPJPY - Zones to Watch this coming Week Price has touched and moved sideways from the recent Daily Zone.
Looking at the Daily price has continued its bullish movement up.
What I'm watching is the 1 hr demand zone to go long, a retest of the Daily supply offers a RR of: 4.5 :1
If price pushed higher I would be looking at the 147.00 level as a higher target offering a RR of: 9.8 :1
EURAUD - Short Zone to zone
order placed 3 pips before the zone
Stops 3 pips above zone
23 pip risk v 269 pips
GBPUSD - Zone To Zone Price has pushed unto a fresh zone on the 30/ 1hr. 4hr chart
RSI is oversold on the 30min chart
Order set at 1.2970
35 risk v 311 reward
EURUSD - Short Term Long 1/2/4 hr chart AS we can see there is a good 2:1 long setting up on the EURUSD.
Price has pushed down to the untouched zone and we are seeing more buying pressure froths level.
The 2 hour chart shows a strong moved down with that engulfing candle which will offer little resistance to the upside at around the 1.15200 level
EURUSD - Turning points on the Daily Looking at where price is there are a few levels that are jumping out.
The first area is the 1.17400 level, there was a strong move down from this level, looking left however there has been a lot more activity in this area which leads me to believe that although there could be a good opportunity here there is a better and untouched area at 1.19250 area.
If price pushes up toward the 1.9250 area there is a stronger possibility of a drop.
EURUSD - Highest Probability Turning points on the Weekly chart The 1.12000 level has only just been touched and rejected so this could offer another area to get long. However the untouched area that would offer a better low risk chance of a turn would be down at the 1.10200 level.
The highest point offering great shorting opportunities is way up at the 1.22800 area
Weekly Outlook 31st Dec - 4th Jan - EUR/USDIm currently in a short sell from the current zone at the 1.14500 level entry was at 1.14600 my Target is 1.13800
The reason Is this has the highest probability of being hit.
After this area we have got a demand zone which has been used twice already, potentially this could now fail and see prices push to the lower zone on the daily at the 1.12100 level.
I will watch and see how price moved at the 1.13500 level as we could see price try one last move up before a further drop
