AlexHillFX

AlexHillFX

If we see a break in the consolidation area (blue rectangle) I believe that is your ideal entry point which will likely be around 1.32050 With a down side target (SELL/SHORT) of 1.31500 so 55 pips.

AlexHillFX

If we can sustain a 4 hourly close below the level 1.322 I believe we have change for further downside to weekly level 1.31500 Still no signs of any exhaustion Trend follows on all time frames; D, 4H etc NY Session we could see a lot of activity Fundamentals - FOMC, Consumer Price Index - all today

AlexHillFX

EURJPY Play I am personally still Bearish on the pair! This week has been strange in P.A terms. We banked 150 pips on Tuesday but there is still further downside potential. Wicks highlighted (red) suggest there is another small support at the price 122.600. We could see some more pull back to the new forming bearish trend line for Lower highs and...

AlexHillFX

UJ Potential Play Overall I am still Bearish on the pair. Believe we could see some continuation in the Bearish movement with Candle formation as a confluence. Key level of Support is at 110.300. Although, we did not sustain a daily close below feel downside is the way. H4 TF suggests a small pull back was been formed to 110.850 and price was rejected.

AlexHillFX

UC Potential Plays Bias for USDCAD for me remains Bullish. Key level of 1.35 is very well respected and there are two scenarios. Which is not helpful! Scenario 1 - Pair opens Sunday and has a nice close for Monday above 1.35 and I believe we can see upside to make a new HH which would be around 1.38 at a key weekly level! Scenario 2 - Pair opens Sunday and...

AlexHillFX

GBPUSD Buy Idea (awaiting price action!) This is a set up I am not expecting to be an entry straight away. This week has been a choppy range between 1.27750 - 1.29200 of 150 pips Spinning top candles suggesting no real market decision! I am personally Bullish after NFP and think if we can start to break upside. The target for a Buy take profit would be...

AlexHillFX

EURJPY Short/Short Idea Daily tweezer top candle formation (Or a shooting star and falling three for H4) Double Top last week for a small breakout but retraced throughout week and small progress made. Respected the Fib of 78.6% and closed below 61%. Ideally will come to retest trend line and close below 50% Fib level for entry point to Sell this pair. Next...

AlexHillFX

USDJPY Short Breakout NFP a catalyst for another set up Gold correlation with USD showing the Gold Buy for USD Sell Daily Close below key level of 111.000 - next key support is 110.140 Expect to see a new LL with initial target being 107.000 Market may correct NFP next week with market gap but we shall see. Confident in this potential set up!

AlexHillFX

USDCHF Short Breakout Ideas Last week was a choppy range of 70-100 pips. Area (green) We could see a revisit to the trend line formed long term for next LL. Had 4 chances to break the key level at 0.96900 with no joy until this week. Successful close below range with massive continuation candle. This does have potential for Sell with the monthly resistance as...

AlexHillFX

Gold Buy Update - Expectations for 1295-1300$ per Oz this week. Managed a clear break and close above 1275 on the Daily due to NFP as a catalyst. The break was from a few day consolidation/ranging period between 1259-1270 Markets may correct themselves Sunday evening if was just a fake out. No sign of any issues and Fib levels been broken each time.

AlexHillFX

Significant pattern of HH and HL to follow Bullish Bias. Sat on 23.8% Fib Level - 1.34750 as key support. Closed above on H4. Target for a massive upside and continuation toward monthly (1.35100) res and beyond. Entry price around 1.34800 Stop loss of 30 pips to give breathing room. Take Profit Target 1.37000 (based on new HH)

AlexHillFX

Significant pattern of HH and HL to follow Bullish Bias. Sat on 23.8% Fib Level - 1.34750 as key support. Closed above on H4. Target for a massive upside and continuation toward monthly (1.35100) res and beyond. Entry price around 1.34800 Stop loss of 30 pips to give breathing room. Take Profit Target 1.37000 (based on new HH)

AlexHillFX

Idea for Aussie Dollar Long. Has legs to hit a potential of 0.75 a new high.

AlexHillFX

AUDUSD Long Expecting a new high to be formed in blue ellipse. Going with overall bias of long to continue. Expecting a close above key level of 0.74500 which is a resistance. Last two attempts to break 61.8% not successful

AlexHillFX

USDCHF Breakout Ideas Last week was a quite range of 70-100 pips. Area (green) We could see a revisit to the trend line formed long term for next LH. Had 4 chances to break the key level at 0.96900 with no joy. Suggesting a new LH. Could of course break and have a short target at 0.95000 as the short alternative! This does have potential. Still just ideas...

AlexHillFX

EURJPY Short Breakout Idea Last week was choppy for a 150 pip range. The Bearish engulfing candle on Friday suggests downside could be the new bias. Overbalanced Double top formed (highlighted by two highs in blue ellipse) Shooting star touch of major key level and rejected price (highlighted in blue ellipse) Realistically want a break of the current trend...

AlexHillFX

Idea for AUDUSD Long Respecting the Bias change from 1st low point formed (blue Ellipse) Looking now to continue the trend. Looking to form a new low and bounce toward forming the next high. H4 currently a Hammer. Expecting movement to the next Ellipse and then a potential long leg. Few signs of Fib respect looking at 0.75 target area.

AlexHillFX

USDJPY Sell Idea LH formed and since then has been slowly declining. Major key level at 111. Has had 9 attempts to close below 111 in the last 2 weeks before forming the lower high (LH). Inverted Hammer/Regular Hammer is close of week candle for H4. Daily close of Bearish engulfing so bias remains for me downside. Expect to see Target 109.000 this week if...