IroncladInvestments

IroncladInvestments Updated 

Sterling has taken a battering most recently but is holding on by the skin on its teeth to the longer term ascending trend line while also holding into a key support area. We will be looking towards America's job reports including NFP and average earnings on Friday to dictate where this pair will be heading. If the trend line holds we can see some bullish price...

IroncladInvestments Updated 

Given the reaction in equity markets on Thursday and Friday, the potential for risk aversion has started to show. Also we have BoE interest rate decision coming up, a combination of GBP weakness and YEN strength could make this pair an attractive sell as price has currently found support at the 38.2 fib level from the recent sell off. The retest of the broken TL...

IroncladInvestments Updated 

Bullish Gartley pattern has formed on 1d time frame also in area to test structure.

IroncladInvestments

after bouncing from support, price is looking like it's going to retest structure to form a descending channel.

IroncladInvestments

Here's our risk free trade on Chunnel currently running 40 pips in profit with SL moved to entry.

IroncladInvestments

Price is currently at a key resistance area. if we can see the channel broken then we could potentially retest yearly lows

IroncladInvestments Updated 

We still are holding our bullish bias on this pair but we are approaching a key area, we will be looking to see how whether the daily candle can close above the 151.000 handle which could encourage a bullish rally to year highs. However, price is approaching key fib levels of previous swing and stochastic is signalling overbought so we are expecting a retracement...

IroncladInvestments Updated 

update on previous analysis.

IroncladInvestments

We are currently long on this pair as price is at a key support zone and also 0.618 fib level from the previous swing. However we have noticed a break out of the descending channel which could indicate further downside if the support zone is broken however, we are calling a false out and continuation of the upward trend.

IroncladInvestments

Another pair we are looking at closely to see how price reacts to the big economic events on Friday. We are expecting a test of resistance and key fib levels and then a continuation of the downward trend. Alternatively, A break beyond 0.618 levels and resistance could produce further upside.

IroncladInvestments

We can see price has recently broken out of a descending trend line, price looks to be retracing on its way to 0.786 fib level from the previous swing which is also at key resistance levels. We expect price to touch this area and continue to decline to follow the longer term trend. There is also a possibility of a false breakout of the structure due to the most...

IroncladInvestments Updated 

Price is currently at pre Brexit levels and is struggling at a major resistance. We can see multiple patterns suggesting downside movement, a double top, a breakout of the ascending channel which support is now acting as resistance and a bearish gartley pattern has formed. We have also noticed on the smaller timeframes a breakout of an ascending channel so we will...

IroncladInvestments Updated 

EURUSD has been ranging in a 350pip zone since the beginning of 2018. Previously we suggested a bounce from the support zone, unfortunately our stop was hit before it bounced from the area but now we can see price is in a descending channel, if this channel holds we would expect another test of the support zone, alternatively if the channel is broken a retest of...

IroncladInvestments Updated 

Price recently bounced from a major resistance and price appears to have formed a descending channel, we are look for further downside as price looks very bearish at the moment.

IroncladInvestments Updated 

breakout from ascending trendline, we are looking for further downside to test support

IroncladInvestments Updated 

We've seen a bounce of resistance 1 area which also lines of from previous swing 71.8 fib level. We are aiming towards support which is at key fib zone of vertical swing.

IroncladInvestments

Price has appeared to broken out of the recent ascending channel, we have highlighted where we think price will retrace to.

IroncladInvestments

Bearish on price until 103.000 area forming of gartley pattern will catch bid as price will become unbalanced.