FX_Rhapsody

FX_Rhapsody

My outlook on GBPUSD for the week. Price retraced to the 62% - 79% Fibonacci retracement area, tapped liquidity and is gearing up for a nice sell this week.

FX_Rhapsody

Here is my Outlook on GBPJPY for this coming week. Price have been consolidating around that 62% - 70.5% Fibonacci retracement area, with a big bullish push to close out last week, hunting that liquidity that's been building up from all the buy orders above that consolidation, we might see price start moving towards the downside. COT reports confirming a bigger...

FX_Rhapsody

My outlook on GBPJPY. nice retracement to the 70.5% Fib, also toughing the Trend Line coming down, setting up for a nice sell this week, unless price breaks the Trend Line which will set up a nice buy on retracement.

FX_Rhapsody

My outlook on GBPUSD. Nice retracement to the 70.5% / 79% Fib level, tapping Liquidity and gearing up for a nice short this week. Dollar is getting stronger slightly and the Pound is still in a negative Net Position on the COT reports.

FX_Rhapsody

My outlook on EURUSD. Chart looks messy. liquidity lies just above where price currently is. Price might retrace to the smaller Fibonacci 62% - 70.5% retracement level before hunting liquidity that lies higher up ( Bigger Fib 50%-62% retracement level ). We have seen that Liquidity was hunted lower down and so the possibility of price breaking lower is also big....

FX_Rhapsody

My outlook on USDJPY. We saw price retracing back to the 62% / 70.5% Fib and touching the trendline on the daily. Lets see if there's a continuation to the downside this week, as we are still hoping for the Yen to strengthen.

FX_Rhapsody

My outlook on EURUSD. Price might go up slightly ( 70.50% Fib ), tapping the liquidity above the zone its at now before selling off. COT reports lots of long positions being closed , hinting a fall in price.

FX_Rhapsody

My outlook on GBPUSD. We might see a small push to the 70% / 79% Fibonacci before price goes down.

FX_Rhapsody

My outlook on GBPJPY. Pound retraced nicely to the 50% / 62% Fib Zone. COT reports indicated a huge amount of shorts being placed in the market, which might see the Pound breaking the support level.

FX_Rhapsody

My outlook on USDJPY. Price currently in a ranging faze. Dollar might retrace back to between 70.5% & 79% Fib before selling off to tap Liquidity at the -50% and -100% Target areas. Dollar might also break through to the upside to go hunt Liquidity at the top.

FX_Rhapsody

My outlook on EURUSD for the week. Price might retrace either to the support turned resistance area and go down to hunt more liquidity. Price might retrace to 70.5% Fib. or enough Liquidity / orders has been gathered for the push to the upside all together.

FX_Rhapsody

My Outlook on GBPUSD. If price breaks support, look for touch on trendline for a buy up for retracement

FX_Rhapsody

My outlook on GBPJPY. Strong support and resistance on the daily. waiting for price to show signs of breakout otherwise it will stay in consolidation for this week.

FX_Rhapsody

My outlook for the week ahead. Inverse H&S forming, would like to see price retrace back to the 62% area, which also corresponds with the small bearish candle in-between the bullish candles with the bullish movement up 2 weeks ago. COT reports confirming stronger Pound with more longs in the markets and a sell off of shorts.

FX_Rhapsody

My outlook on GBPJPY. Price close to our 70.5% / 79% retracement area. Also more confirmation on the COT reports, indicating a stringer Pound and a weaker Yen.

FX_Rhapsody

My outlook on EURUSD for the coming week. Will price break the support to form a lower low and bounce off the the trendline, hunting that liquidity below support.

FX_Rhapsody

My Outlook on GBPUSD for the coming Week. COT reports showing big amount of longs being placed and a lot of shorts being closed. Price action will be hunting Liquidity at the top.

FX_Rhapsody

My outlook on EURGBP.