AUDUSD seems to ave broken and retested the trendline for a sell signal upon a bearish candle closure this trade would be valid for entry with targets at 0.73000
GBPAUD- we have currently completed a full Elliot wave cycle of for a 5 wave impulse and 3 wave retracement, we have currently found support at the key level of 1.79000. Also we have a type of wedge forming which also hints to impulse move to the upside to 1.81400
Bitcoin has come back to the the trendline on the daily chart and we have seen a double bottom reversal on the 1 hour chart around the 52500.00 level hence onwards we can expect a huge rally in the price of bitcoin to the 78250.00 level
Nasdaq- After the impulse move we saw that Nas has finally found some resistance at the 14000.00 key level.I do expect to see price create a 2 wave pull back to the 13500.00 level to find some support which could be at the trend-line too before we see it push up again to create yearly highs
CADJPY- after the drop from this week that took us out and tipped at the 86.500 level, we now see price steadily retracing, I expect to see price come to the 87.500 level and upon confirmation we might get a bearish impulse move to the downside with possible targets at the 86.000 key level and the 85.500 level
USDZAR- on the daily timeframe price is ranging between the 14.5000-15.5000 level ,currently we see price forming a wedge pattern at the 14.500 support that has been held now for the past 4 months since December last year the wedge pattern is an indication of a reversal so i do expect to see a rally to the upside , target 1 is 14.75000 and target 2 is 15.25000
After failing to see a bullish impulse move on AUDJPY price dropped further from the 84.000 to the 83.500 level, on this level we see price bouncing off the trend-line and forming a dragonfly candlestick formation which is hinting to a possible impulse move to the upside, if price breaks the 83.750 level we can expect a rally to the 86.000 key-level
AUDJPY had been moving in higher highs and higher lows, I do expect to see price bounce off the 84.000 key level and really to the 85.830 level
CADJPY- price is currently hovering around the 88.000 key level.I expect to get a third touch on the trend-line marked at the yellow box.If we do i will be looking for the 97.750 level to serve as a strong support and upon confirmation we could get a good entry , with a good risk to reward having our targets being at the 90.750-90.800 levels.Also what we have is...
NZDUSD is currently in bearish momentum the strength of the dollar has pushed the New Zealand dollar to extreme weakness currently price is hovering around the 0.7000 key level , we could have a possible 3rd touch on it and then expect melt to go to the 0.69000 key level
Price has completed a full cycle of a 5 wave impulse and a 3 wave pullback according to Elliott wave, , on the 3 wave pullback we see a flag forming which is a signal of a continuation, I am still to enter this trade, waiting for a pullback on the 1h time-frame before i initiate longs, once that is found we could expect price to rally to 1.82250 level, currently...
USDJPY has come to retest the 109.000 level which coincides with a third touch on the trendline. We can expect to see price rally to the 110.000 level
USDJPY has broken and retested our trendline and also broken and retested the 108.500 level , from here onwards we can expect a short impulse to the downside for us to get to the 108.102 Level
GBPAUD has bounced off the 4hr trendline and we see this happening at a very strong support of 0.81000 from this point we can expect a huge bullish rally to the upside and the next possible resistance of 0.83000 is our target
AUDCHF has given us an Inverted Head and Shoulder Pattern and we expect price to rally up to the 0.7300 level, once we get a break of the counter trendline and the 0.71750 resistance a huge rally awaits us
Price has made a great and shoulders pattern and can be seen to reverse from this area and really up to the 13000,00 level before a small retracement will be spotted, we are also awaiting a break off the counter trendline to condom price is indeed in bullish territory
AUD JPY has bounced off the 4hr trendline and is giving us and inverted head and shoulders pattern for more bullish impulse to the upside, i see price going to tap 85,300 level before we could get some sort of retracement
Gold is on play of making a possible Head and shoulder pattern and also falls inline with a 618.8% possible retracement, I expect to see price respect the head and shoulders pattern and upon a clear candle stick rejection a long trade would be favorable. There are many confluences at the 1720.03 support level which coincides with our head and shoulder pattern. our...