WEEKLY SUPP: 1.2530 HELD FIRM BREAKOUT + RETEST OF THE 1.2830 LEVEL WITH A DAILY MORNING STAR. H4 BULLISH A,B,C - D FIB IN PLAY UPSIDE TARGET 1.3160
EURJPY -FIRM Bearish Bias. Recent 61.8% Retracement
EURUSD. Once again a challenge to firmly attach a solid bias to! price structure indicates further swings to the downside before a med-term upmove. Stops above 1.1350
EUR/JPY - TWIN REJECTION FROM THE 124.00 RESISTANCE LEVEL (MONTHLY) 38.2% FIB RETRACEMENT - WITH A TOP DOWN BEARISH BIAS. RISK REWARD MAKES SENSE. FURTHER DOWNSIDE EXPECTED: 122.80 TARGET. 120.00 FURTHER FORWARD POTENTIAL.
GBPUSD - RESIDING IN A FORMAL BEARISH PENNANT (DAILY) 1.4420 SEEMS TO BE A STRONG BARRIER (LOWER HIGH) POINT OF RESISTANCE. 1:2.3 RISK REWARD WITH A TARGET AT THE WEEKLY AREA OF SUPPORT 1.4260. A BREAK OF 1.4260 WILL LEAD THE PAIR RELATIVELY LOWER TO 1.4200. HAPPY TRADING!
EUR/USD POTENTIAL RIGHT SHOULDER FORMING AROUND: 1.1370-90 SHORT BIAS WITH A TARGET AT: 1.1250
The Aussie has recently retested the 0.7550 area as support three times upon breaking above sliding into a phase of consolidation.
AUDUSD. Long Opportunity. Retesting 0.7550 Monthly supp (Prior RES ZONE) + FIB 50% RETrace from last Price swing. ENTRY: 0.7600 TARGET 0.7750 STOPS: At wil in accordance to preffered R/R - ideally below monthly SUPP Barrier..
EURUSD - Long/ buy trade potential if we get a break and close above: 1.1245 H4 50% Fib has been rejected and we are anticipating a new H4 Higher High to form. Above and beyond 1.1345. For all students who turned up on sunday - you guys know why this potential is lining up. Happy trading! Trade Safe
XAUUSD SEEMS TO BE A NICE SHORT OPPORTUNITY AFTER LAST FRIDAYS BEARISH ENGULFING FORMATION ALONGSIDE SLIGHT BEARISH DIVERGENCE WITH A REJECTION FROM THE 1280 RESISTANCE. THERE IS A POTENTIAL FOR GOLD TO HAVE MADE A LOWER HIGH ON THE WEEKLY AS LONG AS THE METAL STAYS FIRMLY BELOW 1280-1290. I DON'T WANT TO GET TOO CAUGHT UP IN THE BULLISH GOLD RUSH JUST YET AS...
EUR/USD - the last post Didn't do so well, Stop was hit however the EUR/USD is now resting on the FIB 61.8% There is a huge potential for the pair to rally up towards 1.1000 + beyond.. Self-Control Assessment: A self-control assessment is something that you are required to carry out before each analytical decision and trade execution that you make. Your...
EUR/USD is holding firm above 1.0800 Daily Support. Anticipating a move to the upside - 1.0900 Target. Things to think about... The quote “You are as good as your last trade” is correct to a certain degree, however as a professional trader who strives to prosper and develop you must review your previous months of trading. If you have traded a demo account in...
GBPUSD CATCHUP! Hope Everybody had a great Xmas... Quite surprised with certain market movement especially sterling. Around a week ago my most recent GBP/USD analysis was published.. A bearish sentiment coupled with a specified target projection at: 1.4750 As long as the price remains below major RES/ former Supp: 1.5000 then there are no specifics to take a...
1.5150 holding so far! P.A describes this as 'Ready for bullish momentum'
EURUSD, here we are again with another long opportunity. But this time 1.1900 target. Last 1.1700 was hit to the absolute T... Will be posting more in-depth analysis once EFX website has been launched have a prosperous week!
as projected. 1.1500 reached. Great trade. held for over 5 weeks. 1.1700 next as the U.S stock markets get ready to crumble
EUR/USD - Bull sentiment remains for me. patience! Monthly - Bullish engulfing 1.0500 SUPP Weekly - Dragonfly Doji Close (Indecisive/possible upside reversal) Daily - Hammer at daily support + M.A cross (After Non-Farm figures) Sit back, let the trade come to you :D MAN ON AN ISLAND