GBPUSD have just completed an ABCDE triangle and will now grow higher to complete wave 5. Target currently set at 1.3498 expecting a 5 wave structure to complete the target.
Short term trade on GBPUSD to fully complete wave 5. Buy now or at 1.3345 take profit at 1.3466
A new uptrend has just started on JPY pairs but, i'm currently following the trend on USDJPY. At the moment my wave 3 target stands at 146.62
EURAUD is completing the final leg of a bearish 5 wave move. I will be looking for long entries at around the completion of wave C. A possible 800 pips move uptrend
Last leg up for GBPUSD to complete wave 5. Buying opportunity will be an entry at 1.3240 - 50 to catch a 100 pip move up.
A quick short setup for Gold on 6H timeframe before we go long. Enjoy this beautiful trade.
Bullish move for USDJPY to 154. Incoming news should help push the USD upside
Shorting NAS from the Redline resistance. A fall before another bullish move
A quick pullback for GBPUSD before continuing upside
Gold sell idea from 1950. Dollar is still very strong and not looking to go down soon. As the market has already absorbed all the negative news. Hence we need a new economic news that will impact the US dollar negatively, in order, for the dollar to go down.
Gold could potentially resume a downward trend, but it all depends on how DXY moves this week. I have analysed a short idea, waiting for the markets reaction this week.
New developments could potentially take USDJPY to 158 before dropping. Sell still on unless we have a daily close above 151.55
USDJPY has been in the process of completing the daily structure. Ideally wait form the daily close today, with a close below 151.09 to enter short trades. Fundamental: The US go to war in Syria Will we see a drop before the market closes?
GBPUSD still bullish targets are still intact. first TP stands at 1.26 Correction after a strong bullish breakout
Sell still active on usdjpy a head and shoulders pattern has been formed on 12H. Short with TP1 at 148.00
I waiting to go short on USDJPY from 152.11 price point. Dollar strength is weakening. Increased government borrowing is at its highest. A longterm downtrend for the dollar is inevitable. Comment your thoughts on the USDJPY pair.
Overview of my DXY sell idea. I have been following this for a longtime but i've decided to share it. Technically my chart explains itself, but fundamentally the US economy is in a very bad shape, increased government borrowing and on the brink of a debt default, inflation, war, all this is affecting the US which hasn't fully recovered from the coronavirus...
CAD Bearish continuation is expected between the pair next week when the market opens. A pullback to 109.90 might come it to play before the next leg down. Fundamental : Canadian economy is on track to enter technical recession. Thanks for reading my analysis. Comment below if you think we will see downside between the pair. Disclaimer: This analysis is only...