DiogoS55

DiogoS55

EURUSD is at a strong support level that created the last impulse. If the level holds we can look for entries around it or when it breaks the trendline. If however this level breaks we have a strong daily support at 1.6200, this big level will be important. Look for entries around this level for a good long with high chances of a very good trade.

DiogoS55

NZDUSD Is at a importante level, near a strong support and a 0.618 fib level. If this level holds we can look for entries on a long, aiming for the nearest resistances. If this level breaks we can look for short entries aiming for the nearest supports. Always wait for candles to close to give a clear view of what the market will do. Buyist on the long view.

DiogoS55

EURJPY is in a current downtrend and the 0.618 retracement level is at 129.0 level. If EURJPY continues in this current trend we can expect another 128 support test. If we do manage to close above this downtrend and break it we can expect some reversal and with 2 possible TP’s. If we respect the downtrend we can expect a move to 128 and possibly 127 as our 2 TP’s.

DiogoS55

GBPUSD is approaching strong support at 1.36 once again, if we break this support we might look for a run all the way down to 1.35 support, if we do break look for an entry on the break or on the retest of the support turned resistance. If we do respect this support and close above we might see a retracement to at least 1.37 or 1.37500.

DiogoS55

NZDJPY is approaching a support that is also the 0.618 fib level of it’s recent impulse, if price tests this support and closes above we can expect a nice long to at least the 77.5 levels. If price manages to close below the support and break it we could see a second test of the 74.5 support. Wait for the market to test this support and react.

DiogoS55

We see a very interesting chance here in USDCHF, the pair broke from this range last week and is retracing now, we see a very good chance for a retest of previous resistance now turned support for a really good long on the 0.618 fib level. Be reactive of the closing of the candle to make your entry since it is possible that it can test the trendline below the...

DiogoS55

EURUSD just had an impulse which tested the 1.17 support and we are now retracing, approaching the 0.5 and 0.618 levels, we have a resistance that was previous support between those 2 levels and a trendline pretty close too. We are bound to see reaction close to this levels since Fed conference is Wednesday. If the pair respect this levels we can see a...

DiogoS55

GBPCHF is once again testing the resitance of 1.2800, this uptrend has been going for quie a while and its approaching the resistance. If we do close below we can look for opportunities of breaking this uptrend and starting a move to the downside and testing the support at 1.2600, If however we close above the resistance we can look for opportunities of testing...

DiogoS55

This pair has been on a range for quite some time and once again we are testing the resistance at 1.75500, if the market closes below this resistance we can enter on a short and see if we can break the small range we are in to test the support of 1.7300. If however we can close above this resistance, we might see an impulse to test the resistance at 1.7700, both...

DiogoS55

NZDUSD Is ranging between this resistance and support while fighting against a downtrend too, if we see a break of this support area we can enter a sell and possibly test the new support at 0.695 area, if however we this support area holds and we break the downtrend and resistance of 0.71500 we can expect this pair to test the resistance of 0.72500 to continue the...

DiogoS55

On this pair we see a possible break either to the downside following this downtrend and breaking the support at 86.6, creating a big support break, or we can break this downtrend and break the 87.6 resistance, if we see a confirmation either to the upside or the downside we have alot of potential entries for both this trades so wait for confirmation from the...

DiogoS55

On this pair we see a potential sell, if this uptrend break is confirmed and we break this support we can enter on a sell with really great chance to see the 0.5 levels on this impulse, we could see further correction to 618 but we need to check the strenght of the correction. If this support resist we can see this uptrend being continued and testing the 0.91...

DiogoS55

NZDUSD is once again testing this big resistance zone, since USD is going bearish into Friday News this resistance can be broken, getting an entry close to 0.70800 or 0.70900 would be optimal, if friday news is bearish for USA we can see a breakout and a possible ttest of 0.71500 resistance and if broken could see a big uptrend forming. Enter with cauting and wait...

DiogoS55

The pair is currently ranging between 87 and 87.4, there is a big trendline approaching which could start the retracement of this pair, if a bearish trend does appear it would be closer to the downtrend and near resistance levels, the pair can go to 85.8 as a first target and as a 2nd target to test the lows of 84.8 one more time.

DiogoS55

This pair is right at the trendline of this descending channel, we just tested the 0.67200 resistance and we might start the downtrend again since we are at the 0.618 fib level, we expect the pair to start going down, wait for the 4hr candle to close bearish and you can open your sell positions to continue this trend.

DiogoS55

Interesting opportunity in this pair, we are approaching a big support that can turn this downtrend around, I would look for buying entries around 87750 but if this pair manages to close below this support we can see a big downside potential so if that happens look for a retest of this support that wiill be turned resistance and enter in a short.

DiogoS55

This pair has been on this range since the start of July and now we are looking to once more test it’s resistance, the resistance between 0.88600 and 0.88800 its pretty strong and as soon as we have a candle try and break the resistance but close back inside we can short it for a good trade, we can look for 180 pips. If the 4hr candle does close above the...

DiogoS55

-- UPDATE -- See Old Chart For explanation! New Shorting Zone For USDCAD.