Forex_Positive

Forex_Positive

Scenario #1 Bullish AUDCAD 0.9580-0.9600 represents turning points for AUDCAD for the year 2015 since Feb. The purple arrow shows the most recent reversal, which occur in Oct 2015. If AUDCAD retraces to this blue colored zone, look to enter long. Long AUDCAD 0.9580-0.8600 SL below 0.9550 TP 0.9750 ===== www.ForexPositive.com Twitter @ForexPositive =====

Forex_Positive

Here are 3 reasons for the bearish momentum in EURUSD to continue 1) FED strongly hinted for a possible rate hike in Dec 2) Really strong all-round NFP numbers for Nov 3) ECB increasing QE in Dec meeting There is a distinct possibility of seeing EURUSD touching 1.0000 parity next year in 2016. Look for relief rally to go short EURUSD Short EURUSD 1.0820-30 SL...

Forex_Positive

Possible bullish bat harmonic pattern on AUDUSD. If AUDUSD also touches the rising channel to form the third point, that would be an added confirmation to the technical setup. Long AUDUSD 0.6980-90 SL 0.6900 TP 0.7300 ===== www.ForexPositive.com Twitter @ForexPositive ====

Forex_Positive

USDCAD has been declining non-stop from 1.3450 to 1.2900 as of this writing. That's a whopping 550 pips drop without any significant correction rallies. USDCAD is due for a rally soon. If USDCAD drops to 1.2780-1.2800, it would be an excellent buying opportunity. Its a support zone, as represented by the blue zone. Its also a possible point #3 in the uptrend...

Forex_Positive

Month of October is usually a bullish month for AUD. Due to the monthly seasonal tendencies. So possible AUD may find a temporary bottom for this month. If AUDUSD retraces to 0.6900, enter long here. Long AUDUSD 0.6900-10 SL 0.6800 TP 0.7200 ===== www.ForexPositive.com Twitter @ForexPositive ====

Forex_Positive

Possible resistance zone in GBPUSD around 1.5330-40. This price zone coincides with the 38.2% FIB retracement level. Enter short around here if GBPUSD rallies to test this red zone. Short GBPUSD 1.5330-40 SL above 1.5400 TP1 1.5130 TP2 1.5000

Forex_Positive

Scenario #1 Bearish AUDJPY Strong resistance zone at 89.00-40. Plan to enter a short trade when AUDJPY touches the red zone. Short AUDJPY 89.20 SL above 90.00 TP 85.00

Forex_Positive

Bearish gartley harmonic pattern on USDJPY. Short at 78.6% FIB retracement level. Short USDJPY 123.30-40 SL above 124.00 TP 120.00 ===== www.ForexPositive.com Twitter @ForexPositive =====

Forex_Positive

Possible new peg zone

Forex_Positive

This trading view chart only shows the historical USDHKD from 2008 onwarrds. 7 years worth of data. In fact, the USDHKD peg has been in force for about 15 years. With major countries embarking on money printing programs(i.e. QE), such as USA, UK, Japan, Euro, the race to the bottom is ongoing. The newest country to join this race to bottom is China. China...

Forex_Positive

The grey box shows SP500 in a sideways congestion from 2040 to 2140, about 100 points. Its been in this consolidation for about 6 months since Feb 2015. From the speed and velocity of the drop after support/resistance at 2040 is broken, there is another second wave of selling coming. Watch any rallies in the coming days and weeks. Its probably a bear rally, for...

Forex_Positive

Pivotal zone in EURGBP at 0.7150-70 has been tested and reversed about 4 times. If EURGBP comes down to re-test it for the 5th time, expect this price zone to act as support once again. Long EURGBP 0.7150-70 SL below 0.7100 TP 0.7350 ===== www.ForexPositive.com Twitter @ForexPositive =====

Forex_Positive

Possible interim top for USDCAD. Crude oil making fresh new lows, but USDCAD not making new highs. This is a tell-tale sign of a possible divergence from the CAD/OIL correlation. Look to short near the recent high. Short USDCAD 1.3200 SL 1.3300 TP1 1.3000 TP2 1.2800 ===== www.ForexPositive.com Twitter @ForexPositive =====

Forex_Positive

GBPUSD is confined to a 250pips range since 13th July. For about 30 days. Its due for a breakout soon. There is a possibly false break to the downside as highlighted. If GBPUSD manages to break above 1.5700, then we can see a clean trending move. Long GBPUSD on breakout above 1.5700 SL 1.5600 TP 1.5900 ===== www.ForexPositive.com Twitter @ForexPositive =====

Forex_Positive

Very bullish looking candlestick pattern here on the weekly chart. Its a bullish weekly pin bar, with an ultra long tail on the bottom. Possible chance for USDCAD to break above 1.3100. Long USDCAD on breakout above 1.3100 SL 1.3000 TP 1.3500

Forex_Positive

Large USDCAD support zone around 1.2800-30. This support zone is visible on the daily chart, so it could be a significant & strong support zone. Remember, the support/resistance zones found on higher time frames are always more pivotal and important than those on smaller time frames. Long USDCAD 1.2800-20 SL below 1.2750 TP1 1.3000 TP2...

Forex_Positive

Long EURJPY around the inverted head & shoulders neckline support of 136.60-90. The risk of going EUR long is the political situation with Greece. If Greece defaults, the EUR will go down like a rock off the cliff. However if Greece gets any positive resolution, EUR would shoot up like a rocket with the shorts covering. Long EURJPY 136.70-80 SL 50-60pips TP1...

Forex_Positive

If USDSGD pullbacks to around 1.3380-1.3400, this looks like a nice possible entry to go long. Long USDSGD 1.3390 SL below 1.3350 TP 1.3550 ===== www.ForexPositive.com Twitter @ForexPositive =====