I have analysed a EURUSD head and shoulders bearish movement incoming. I have set a sell limit at 1.23400 and a take profit at 1.225 which is a total of 90 pips if TP is hit. Will be leaving this to run over the weekend and into the new week with hope that the USD gets stronger!
I see an ascending triangle wedge appearing with this pair and so within the next day I feel as though there could be a very bullish pattern about the break out. I will keep you an eye out and update this post, will be looking for the pair to hit a few more patterns fitting with my trend analysis before entering.
There is a bearish head & shoulders trend that has formed for the UC pair on the H2/ H4 graph which is clearly visible as I've pointed out on my analysis. Alongside with the analysis the Canadian GDP is sitting on a real low so we are looking a good spot for shorting this pair. I will be watching this pair for the next day or two to see any movement but I am...
I've made a fair detailed overview of GU pair from the last couple of months and into April. As you can see there have been a lot of ups and downs in this pair but the majority have stayed within my triangle markings which fits to my analysis. From what I am seeing the GU pair seems to have a bullish trend incoming in the next week of about 180 pips to around the...
I'd suggest over the next 2 weeks that nzd/usd is very likely to start making its way down due to a bearish symmetrical triangle that is currently progressing. If anyone has any thoughts please let me know. I have 3 tp's all labelled as shown in the analysis.