AP17FX

AP17FX

Hello Traders, Here is the Top-Down Analysis of CHFJPY (Monthly, Weekly, Daily for direction and 4H for entry) for Week 45 - Nov 02 M > Market reached monthly resistance which is also a major structural level (last touch was in Sept 2018) that has pushed price to the downside on each occasion and price is dropping as expected. W > Price dropped to complete...

AP17FX

Hello Traders, Here is the Top-Down Analysis of EURUSD (Monthly, Weekly, Daily for direction and 4H for entry) for Week 45 - Nov 02 M > Price has support of downward resistance trend-line. We can see two W patterns and this provides two targets to the downside. Both targets are near 0.382 and 0.618 Fib levels on last monthly bullish impulse. W > We saw...

AP17FX

Hello Traders, Here is the Top-Down Analysis of DXY (Monthly, Weekly, Daily for direction) for Week 45 - 02 Nov M > Price dropped till monthly support, faced rejection and started bullish move. After a huge bearish dump we expect price to retrace for correction till at least 0.382 Fib level on month bearish impulse. Price is yet to reach this level. We can...

AP17FX Updated 

Hello Traders, Here is the Top-Down Analysis of SILVER - XAGUSD (Monthly, Weekly, Daily for direction and 4H for entry) for Week 43 - 19 Oct M > Price moved bullish breaking several structure levels to stop at monthly support now turned resistance and moved down for correction. After a huge impulse we expect price to retrace till 0.382 or 0.5 Fib levels on...

AP17FX Updated 

Hello Traders, Here is the Top-Down Analysis of AUDJPY (Monthly, Weekly, Daily for direction and 4H for entry) for Week 44 - 26 Oct M > Price reached monthly support/ supply zone creating W formation on its way up. Price dropped to test the neck and continued to drop further to test weekly support level. However after a huge impulsive move we expect price to...

AP17FX Updated 

Hello Traders, Here is the Top-Down Analysis of AUDCHF (Monthly, Weekly, Daily for direction and 4H for entry) for Week 44 - 26 Oct M > Price reached monthly resistance level, previously monthly support that had pushed price down to bearish impulse, faced rejection and started downward move. W > Price tested monthly resistance thrice and after facing...

AP17FX Updated 

Hello Traders, Here is the Top-Down Analysis of WTI - USOIL (Monthly, Weekly, Daily for direction and 4H for entry) for Week 42 - 12 Oct M > Market reached monthly resistance and faced rejection. After a massive jump we expect a correction, till 0.38 Fib level at least, before market continues with the trend. Price has yet to show this correction. W > We...

AP17FX

Hello Traders, Here is the Top-Down Analysis of NZDUSD (Monthly, Weekly, Daily for direction and 4H for entry) for Week 44 - 27 Oct M > Market is moving in a downward channel. Price broke out of channel to test monthly resistance level. This level previously pushed price to downside and we expect price to get pushed down again. W > Price moved out of...

AP17FX Updated 

Hello Traders, Here is the Top-Down Analysis of EURAUD (Monthly, Weekly, Daily for direction and 4H for entry) for Week 44 - 26 Oct M > Price dropped to monthly support level and after rejection started upward move to reach and test monthly resistance level. W > Price was moving in a rising channel but it broke out to the upside last week. It moved bullish...

AP17FX

Hello Traders, Here is the Top-Down Analysis of EURUSD (Monthly, Weekly, Daily for direction and 4H for entry) for Week 44 - 26 Oct M > Price has support of downward resistance trend-line. We can see two W patterns and this provides two targets to the downside. Both targets are near 0.382 and 0.618 Fib levels on last monthly bullish impulse. W > We saw...

AP17FX

Hello Traders, Here is the Top-Down Analysis of GBPAUD (Monthly, Weekly, Daily for direction and 4H for entry) for Week 44 - 26 Oct M > Market is moving in a symmetrical triangle and it tested monthly support and started pull back to the upside. We can see an over extended M formation, price should move up to test the neck; we can set this as a long term...

AP17FX

Hello Traders, Here is the Top-Down Analysis of AUDUSD (Monthly, Weekly, Daily for direction and 4H for entry) for Week 44 - 26 Oct M > Price faced rejection at monthly resistance and dropped for correction, we expect correction to be near 0.382 Fib level on last bullish impulse. We saw a W formation and expected price to drop till the neck which price did...

AP17FX

Hello Traders, Here is the Top-Down Analysis of NZDCAD (Monthly, Weekly, Daily for direction and 4H for entry) for Week 43 - 20 Oct M > Market is moving in a downward channel, price dropped from resistance level of the channel completing the W formation. W > Price dropped to test monthly support, faced rejection and moved up to test weekly resistance again....

AP17FX

Hello Traders, Here is the Top-Down Analysis of NZDUSD (Monthly, Weekly, Daily for direction and 4H for entry) for Week 43 - 20 Oct M > Market is moving in a downward channel. Price broke out of channel to test monthly resistance level. This level previously pushed price to downside and we expect price to get pushed down again. W > Price moved out of...

AP17FX

Hello Traders, Here is the Top-Down Analysis of NZDJPY (Monthly, Weekly, Daily for direction and 4H for entry) for Week 43 - 19 Oct M > Market is moving in a downward channel, price dropped from resistance of channel. W > Price tested resistance level thrice and faced rejection creating triple top. We can see a W formation and expect price to drop and test...

AP17FX

Hello Traders, Here is the Top-Down Analysis of EURAUD (Monthly, Weekly, Daily for direction and 4H for entry) for Week 43 - 19 Oct M > Price dropped to monthly support level and after rejection started upward move to reach and test monthly resistance level. W > After testing neck of W formation price again moved up to test previous resistance. D > Price...

AP17FX

Hello Traders, Here is the Top-Down Analysis of CADCHF (Monthly, Weekly, Daily for direction and 4H for entry) for Week 43 - 19 Oct M > Market tested monthly support and started an upward move after rejection. W > Price went up and dropped from resistance to complete W formation. D > Price was moving in a rising channel , as projected price climbed high...

AP17FX

Hello Traders, Here is the Top-Down Analysis of USDCHF (Monthly, Weekly, Daily for direction and 4H for entry) for Week 43 - 19 Oct M > Price dropped below monthly support and faced rejection at next support level to move upside. W > Price moved up to our target M formation and faced rejection to drop down. D> We saw two W formations and expected price to...