Forex_Positive

Forex_Positive

Scenario #1 Wait for USDCAD to pullback further down to the green zone before entering long. Prices have turned here multiple times in the past. USDCAD might do the same u-turning again if it touches the green zone. Long USDCAD 1.2840-60 SL below 1.2750 TP 1.3100

Forex_Positive

1.1200-20 in EURUSD is a critical support/resistance zone. This price level is already tested multiple times. If EURUSD retraces to this blue zone, look to enter a long position. Long EURUSD 1.1200-20 SL below 1.1100 TP 1.1600 ============= www.ForexPositive.com Twitter @ForexPositive =============

Forex_Positive

Short USDJPY at 88.6% FIB retracement Short USDJPY 111.10-20 SL 112.00 TP 108.00 ====== www.ForexPositive.com Twitter @ForexPositive ======

Forex_Positive

Confluence of 2 technical support signals at 0.7330-50. Looks like a strong level of for a bounce up. a) support/resistance zone at 0.7330-50 (as shown in green rectangle) b) bullish gartley 78.6% FIB completion around 0.7350 Long CADCHF 0.7330-50 SL 0.7250 TP 0.7750 ======== www.ForexPositive.com Twitter @ForexPositive ========

Forex_Positive

Short at red zone Short AUJPY 79.60-70 SL 80.50 TP1 77.50 TP2 75.00 ===== www.ForexPositive.com Twitter @ForexPositive =====

Forex_Positive

Short at blue zone Short USDJPY 107.70-80 SL 109.00 TP 105.00 ===== www.ForexPositive.com Twitter @ForexPositive ====

Forex_Positive

Long at blue zone Long CADJPY 87.20-30 SL 86.00 TP1 90.00 TP2 93.00 ====== www.ForexPositive.com Twitter @ForexPositive ======

Forex_Positive

Long CADJPY at the blue zone Long CADJPY 83.50-60 SL 82.50 TP 87.50 ======= www.ForexPositive.com Twitter @ForexPositive ======

Forex_Positive

Short USDJPY at the mid-point of resistance zone Short USDJPY 110.90-00 SL 112.00 TP1 108.00 TP2 106.00

Forex_Positive

Short GBPNZD at resistance zone Short GBPNZD 2.0890-00 SL 2.1000 TP 2.0600 ==================== www.ForexPositive.com Twitter @ForexPositive ====================

Forex_Positive

Short at red resistance zone Short USDCAD 1.3640-60 SL above 1.3750 TP1 1.3500 TP2 1.3300 ===== www.ForexPositive.com Twitter @ForexPositive =====

Forex_Positive

Possible resistance area in GBPUSD around 1.4060-80. Downtrend in GBPUSD is strong due to Brexit worries. Any rallies to be sold into. Short GBPUSD 1.4060-80 SL above 1.4150 TP 1.3800 ===== www.ForexPositive.com Twitter @ForexPositive =====

Forex_Positive

Former support turned into resistance zone, tested about 5 times before breaking lower. If GBPCAD rallies to this red zone, look to short. Short GBPCAD 1.9870-80 SL 1.9950 TP1 1.9500 TP2 1.9300 ===== www.ForexPositive.com Twitter @ForexPositive =====

Forex_Positive

Bearish bat harmonic pattern Short EURUSD 1.1380-90 SL 1.1500 TP 1.1000 ===== www.ForexPositive.com Twitter @ForexPositive =====

Forex_Positive

Short if GBPUSD rallies to this pivot swing low from April 2015. Short GBPUSD 1.4560 SL above 1.4650 TP 1.4100 ===== www.ForexPositive.com Twitter @ForexPositive =====

Forex_Positive

Short EURUSD around the 50% FIB retracement and prior support/resistance zone. Take profit at the green zone Short EURUSD 1.1100-10 SL 1.1200 TP 1.0800 ===== www.ForexPositive.com Twitter @ForexPositive =====

Forex_Positive

Some numbers on this inverse head & shoulders (H&S). a) tip of head is at 0.6950 b) neckline is 0.7500 c) total height of inverse H&S is thus about 550 pips d) the projected price target for the completion of the pattern is at 0.8050. EURGBP has not broken decisively above the neckline (in blue zone). As such, if there is a pullback towards 0.7400 support zone,...

Forex_Positive

After the massive short squeeze in EURUSD on thursday, when ECB decided to disappoint the market without introducing stronger QE. On the short term technical level, there could be another final wave of short squeeze to 1.1100. The 1.1100 blue zone represents a significant price level. It is a strong support/resistance for the whole of year 2015 since Jan. On the...