AlexxChan

AlexxChan Updated 

The pound rose back up a bit since Brexit. However there are indications that it won't go up that much higher.

AlexxChan Updated 

Playing off the 61.8% region and the bollinger band.

AlexxChan Updated 

USDCAD is currently hitting levels of strong resistance where prices failed to break out higher for a while. I nice scalp to the short end will play nicely in this situation.

AlexxChan Updated 

Gold has been rallying higher and higher for a while now. However it seems like its going to lose some steam. This is indicated by the over bought RSI levels and the potential wedge formation being shown. However in the long run, I believe Gold will head higher in the future

AlexxChan

A clear triangle pattern could be found on the USDCAD daily chart. I'm going to wait and see where it would break.

AlexxChan

The jappy has proven itself to be the safehaven zone for many traders after all the events surrounding Brexit. A good scalp position holds as USDJPY heads up to an area of resistance and trend line. It may also head down at 102.491, as it's right at a significant trendline and 76.4% fib levels. I expect the pair to continue to fall lower in the future

AlexxChan Updated 

GBPCHF is currently however over the 61.8% region and a area of confluence with multiple support and trend lines. It looks to be that GBPCHF is about to break this region, however for a better indication, I will wait until the break of 1.42215 before entering a trade

AlexxChan Updated 

With a break of the 109.170, USDJPY now has the momentum to go to 108.477.

AlexxChan

A lot of negative data coming out of the US lately. With the lowest NFP results in 7 years, Interest rates failing to rise again, and positive oil data, I would look to continue shorting USDCAD. In the technical perspective, The 4th wave is currently proceeding, and I have a gut feeling it won't go higher than 1.2830 before turning around to complete it's 5th wave.

AlexxChan Updated 

Playing off the 76.4% region and the bearish channel of NZDUSD

AlexxChan Updated 

A Clear pennant could be seen forming on EURCAD. I suspect the pair may be heading lower as there are some bearish movement in EUR at the moment

AlexxChan

The bears on Gold are pushing hard against the bulls. As multiple support and trends lines are being broken, this commodity is providing a strong sell signal in the future for me. I will be waiting for a retracement up before entering

AlexxChan

A Clear hold of the 110.355 levels could be seen (also the 76.40% region), and it looks like USDJPY will continue it's bearish trend. Currently, prices are retracing at the movement, and it looks like prices will continue lower after the retracement

AlexxChan Updated 

Made a nice call on NZDUSD last time and it looks like my predicting lines on the pair is going well. I'm going to short again on NZDUSD, as I believe it will head lower to around 0.6683.

AlexxChan

USDJPY is currently at a point of major confluence area. With prices right at the 76.40% region and upper trendline. I expect prices to breakout of either direction. Let's wait and see

AlexxChan

Looking at the daily time frame, USDCAD made a clear turn around in its prices at the 76.4% fib level. This suggest that the pair may now continue its impulse run to higher highs. I would be looking to buying this pair from now on.

AlexxChan Updated 

Entered a short last week on and got stopped out. However with possible shooting star reversal, and the pair entering back into the bearish region. I will be shorting this pair yet again.

AlexxChan Updated 

A clear pennant formation is forming on Gold. Where would it go?