Forex_Positive

Forex_Positive

Bullish gartley harmonic pattern Long GBPUSD 1.6650-60 SL 40-50pips TP 1.6800

Forex_Positive

0.8500 is the strong support which has now turn into resistance. I am looking for a deeper pullback to 0.8540, the 38.2% FIB retracaement, before initiating a short position. The main risk to this technical picture is another RBNZ rate hike in June/July. If RBNZ raises interest by another 0.25% to 3.25%, the bearish TA could be negated. Short NZDUSD...

Forex_Positive

Bullish bat harmonics Long gold 1200-05 SL 1170 TP 1300

Forex_Positive

Long AUDNZD 1.0880-1.0900 SL below 1.0850 TP 1.1200

Forex_Positive

Scenario #2 if AUDUSD breakout below 0.9200 support AUDUSD short on pullback to 0.9200 pivot zone If it breaks below 0.9200 decisively, 0.9200 should act as resistance zone. Look for pullback to 0.9200 to enter short position Short AUDUSD 0.9200 SL 50pips TP 0.9080

Forex_Positive

Scenario #1 if AUDUSD bounce up from 0.9200 support AUDUSD short on rally Strong support zone at 0.9200. If 0.9200 support level holds, and AUDUSD rallies upward to 0.9330-40, look to enter short positions here. 0.9330-40 is a resistance zone & 61.8% FIB retracement. Short 0.9330-40 SL 40-50pips TP 0.9200

Forex_Positive

With ECB most likely doing a rate cut & negative deposit rate in June, it is sell rallies mode until the next ECB meeting in June. Sell EURUSD at red resistance zone 1.3650-70. Target profits at green support zone 1.3500 & 1.3300. Short EURUSD 1.3650-70 SL above 1.3700 TP1 1.3500 TP2 1.3300

Forex_Positive

Forex Trading Technical Analysis: EURUSD moving to next support zone Watch EURUSD price action carefully. A break below current support zone 1.3630-50, could send EURUSD lower to the next support zone around 1.3500. 2 ways to trade this. A) Aggressive approach (Short on breakout below 1.3630-50) Pros: higher chance of being fillled Cons: may be a false...

Forex_Positive

USDJPY might be aiming for the large stops in the red circle.

Forex_Positive

Short EURUSD 1.3770-80 SL 40-50pips TP 1.3500

Forex_Positive

Long GBPUSD 1.6690-1.6700 SL 40-50pips TP 1.7000

Forex_Positive

Strong resistance 1.6820-40 Short GBPUSD 1.6820-40 SL 1.6880 TP 1.6700

Forex_Positive

Short GBPCHF 1.5040-50 SL 50-60pips TP 1.4800

Forex_Positive

short CADJPY below breakout 93.20-30 SL 50pips TP 92.00

Forex_Positive

Short CADCHF below 0.8090-0.8100 SL 50pips TP 0.8000

Forex_Positive

After friday's horrible job numbers, CAD should continue to weaken. The market should be continuing to buy USDCAD for this week. Long USDCAD above 1.0910-20 SL 40pips TP 1.1000

Forex_Positive

Short USDCAD 1.0850 SL 50pips TP 1.0700

Forex_Positive

Long with buy stop above AUDUSD 0.9280 SL 50pips TP1 0.9450 TP2 0.9750