AshleyB95

AshleyB95

EURUSD has gained significant momentum over the past few months and is currently in an uptrend. I have marked out a couple of key areas here and drawn on a couple of possible scenarios. We have had a 61.8 fib bounce recently and a pretty heavy resistance from that. A break and a retest of the trend line could set us up for some bearish movement from this pair but...

AshleyB95

USDCAD has been in a downtrend for some time now. I have marked out a few key areas here and today saw NFP break the monthly resistance. If we remain below this and the yellow highlighted area we could potentially see further downside from this. However we may see price recover and potentially be in for another bounce from the trend line. I have also marked out a...

AshleyB95

New higher lows and higher highs have been formed over the past few days. To go long on this pair I would look to see how price reacts around yesterdays highs / the key area of previous resistance. A clean break of this could see more bullish momentum from this pair

AshleyB95

Few key areas marked out here on this pair. Possible Inverted Head and Shoulders pattern here with just the rest of the right shoulder to form. Stops relatively tight if we get in on this soon. I would wait for a break out of the consolidation red box I have marked as there seems to be some indecision. First target would be between the 0.50 and 61.8 fib levels...

AshleyB95

Keeping it simple here with a key area marked, fib and trendline . Uncertainty and recent events in the US could leave to the dollar weakening more over the coming days / weeks. With the fib drawn we could potentially be in for a bounce from the 61.8 level and looking at the 4hr chart this level matches us with some previous support that we are consolidating...

AshleyB95

Gold has a nice run to the upside with a bounce from the 61.8 fib level and previous resistance now acting as support. It has now hit 1295.00 again and shown instant rejection from this level (strong resistance on the daily timeframe) A large bullish candle has since formed with some momentum to the downside and it looks like this could be heading to previous...