EURUSD could break out south due to a stronger dollar but prepare for both directions
This pair has been extremely bullish and we are anticipating more upside however we can prepare for both directions as we have a symmetrical triangle in place break could provide a possible 300 pips
USDJPY has been in a extended downtrend looking for a pullback or correction towards the upside, inverse head and shoulders has created and we are looking to take buy position towards the 109 - 110 area. should market move as expected we have a potential 200 pips up for grabs
GBPNZD currently in a bullish trend on H4 and the Daily time frame, the market has now consolidated into a symmetrical with a break out targets of 600 - 800 pips. place stops in both directions and wait for the market to select a breaking point. I do have a more bullish sentiment on the Pound.
XAUUSD is still in the process of consolidating within the symmetrical triangle, a bounce is expected at the 1316 - 1313 level where we can look to take buying positions and ride the trade back towards the 1365 level.
The currency is currently in a well established down trend and has formed a bearish continuation pattern anticipated for further downside as the dollar picks up momentum
This pair has formed a symmetrical triangle and broken out to the downside with an expected move to the downside to continue 100 - 150 pips - NFP news announcement today trade carefully
Australian reserve bank will be having interest rate announcement Tuesday. Anticipating a positive announemnt although the interest rates are expected to hold at 1.5 percent looking to take buy positions at 0.73111
This market is currently forming a bearish reversal pattern (head + shoulders) USDCAD has inverse correlation with OIL and we are anticipating oil prices to go up. looking to take sell positions at 1.30000 area and taking profit after 300 - 400 pips
GBP looks to be gaining in strength following support levels reached at around the 148.920 are looking to take buy positions at market price on this trade with stops at 148.478
Possible dollar weakness as a market correction unfolds, following last weeks rally in the dollar looking to sell at the 106.674 and taking profits around 104.500
Symmetrical triangle on AUDUSD after extended downtrend, possible 65 pips in either direction sell stops/buy stops blue lines and take profit targets on the red lines
Symmetrical triangle in extended downtrend 100 pips in either direction place buy stops and sell stops using blue lines and take profit targets marked with red lines
Symmetrical triangle use blue line for pending orders buy stops/sell stops and the red line for take profit targets 60 pips each order target.
Cable structure trade on the cards, pound strength expected to continue over the short - midterm as brexit talks reach key agreements looking to take buy positions at the blue box which has been providing support since early december 2017
We have a possible elliott wave completion in play on GBPAUD looking to enter buy positions for the 5th wave looking to buy in our blue demand box
This pair has been in a sideways coslidation for an extended period of time but just recently showed signs of short term bearish structure presenting an opportunity to sell in our blue box. targeting the 0.36674 area
Gold currently consolidating within a triangle looking to take a long position following the next correction in our buy zone blue box