We are now seeing strength come in on the AUDJPY pair. Still need one more confirmation before entering on a retrace. I would love to see sellers abandoning this pair at it's key levels so we can enter with high probability on a retrace. As usual detailed explanation of the analysis can be seen on Youtube.
GBPUSD POTENTIAL SHORT I had recently became aware that across the board the GBP currency dominant pairs had seen a sharp, heavy volume seller interest across the board. When we see correlation in the market it shows us that there is interest globally in that specific currency and in this case its displaying interest in a short for the GBP. I had seen that...
I expect this trade to break down, and then back up. The pair has just bounced off of a resistance, as well as passing through a months-long trend line with conviction. Depending on what happens, I will most likely be buying this once it moves closer to testing its new supports.
Accenture looks ready to move higher, as it bounced off of trend line. Now, it is hovering around all key moving averages. Combine it withh strong market (yesterday it bounced again from active trend line) and that is how you get A+ trades. I am looking for potential move through $81 for additional gains. My mid-term target is $84.50. With stop below previous...