Price is moving towards our previous swing high reversal point, we will be watching this pair closely as price could push further up to our highlighted area for a reversal or push up to our blue horizontal lines. Our anticipated target area is the0.70800 area.
Price has tried to break through our monthly resistance area which was mainly caused by the gap Sunday but has since been strongly rejected. Due to these reasons we feel price could continue to push lower to the 1.27170 area.
Price was forced below our monthly support 79.068 area which then became our resistance. Price has since been pushed straight back up to break our 79.068 monthly resistance area and Friday we saw a retest. Due to the reasons our bias is bullish and our next anticipated target is the 81.237 area.
We will closely watch this pair as its touching our monthly support area, we could see price reverse giving us a anticipated target of 1.32549 area. If price breaks our support area, retests then our anticipated target would be the 1.26077 area. Our bias is bullish movement.
Price has recently been rejected buy our monthly support area post Brexit, we could see price retest this monthly support before strong bullish movement to the upside to fill the gapped that was caused when the markets opened sunday. Our anticipated target is the 1.36576 area.
Price is currently at our Daily resistance level, due to this we will await further confirmation for a rejection or a break. If price is rejected our next anticipated target will be around the 1.41000 area. If price breaks our resistance and retests our anticipated target will be around the 1.45018 area.
Price is currently at our Daily resistance level, due to this we will await further confirmation for a rejection or a break. If price is rejected our next anticipated target will be around the 1.36011 area. If price breaks our resistance and retests our anticipated target will be around the 1.41912 area. BEWARE OF BREXIT Thursday 23rd June 2016
Price has recently broke our Daily resistance level, due to this rejection our next anticipated target will be around the 0.77350 area, if this level is also broke our next target could be 0.75894. BEWARE OF BREXIT Thursday 23rd June 2016
Price has recently been rejected by our strong Daily support area, due to this and the inverted hammer formed on Friday our next anticipated target is the 82.478 area.
Price has been ranging between our monthly support and weekly resistance for some time now. Price has recently been rejected by our resistance level forcing a shooting star. Due to these reasons we are anticipating further bearish movement down to the 1.63643 area we will enter on the break of our trend line.
This pair has been down trending for almost a year, pushing significantly lower after each retracement. The market closed forming a bearish engulfing candle give us indication that the bears are now ready to go again and continue the down trend. Price was also rejected by our monthly resistance giving us further confirmation. Due to these reasons our anticipated...
Price has overall been down trending forming Lower Highs and Lower Lows. Due to these reasons and the clear rejection of our monthly resistance level, we feel price has come to the end of its retracement. We will look for a good entry point on the 4hr timeframe, our next anticipated target is the 73.452 area.
Due to the large bearish engulfing candle formed Friday we anticipate further bullish movement down to the 1.42181 area. After this brief retracement we feel price will then continue its uptrend pushing higher highs and lows up to the 1.46664 area. This will be a long term trend. Please also bear in mind if price doesn't hit each target we will not open positions.
Due to the strong bearish pressure we anticipate further bullish movement down to the 2.12996 area. After this retracement we feel price will then continue its uptrend pushing higher highs and lows up to the 2.17003 area. Please also bear in mind if price doesn't hit each target we will not open positions.
As you can see we already opened an aggressive sell position on this pair just as the candle opened as the previous candle formed a shooting star. As you can see Friday formed a bearish engulfing candle which gives us further indication that price could move further to the downside. Our anticipated target is the 1.98779 area.
Price has overall been down trending forming Lower Highs and Lower Lows. Friday price was rejected by our strong daily resistance and channel resistance, also forming a Double Top formation. Due to these reasons our next anticipated target is the 0.87093 area, we could also be looking at further bearish movement down to our daily support level.
As we can see on the monthly timeframe we are currently down trending and price is respecting our channel acting as support and resistance. This is a long term trade that we currently have a sell position open from 0.78913 (Pink horizontal line), which we will be holding as we feel price could continue to push lower down to our support area. Our target area is...
After some years of up trending it seems as if price could have changed direction and be looking to move to the down side. Price has closed below our monthly support level (black horizontal line). Thursday price retested our resistance area and has shown bearish movement Friday. Due to these reasons our next anticipated target is the 1.24000 area. we will be...