GBP/USD still resides in our long term ascending channel. We've seen some choppy price movement over the last few days as price bounces in a 100 pip range. Will we see a a breakout to the downside and price reverse or an expansion to the upside for this pair?
We have seen our forecasted break of the key 4hr resistance level on this pair. We have predicted this for a long time now. As expected, it's a strong bullish break with CHF weakness through the London session. Go back and check through my previous analysis on this pair! Happy Trading!
Good Morning Traders and welcome to a new trading week! I appreciate every single one of my followers and I really hope you enjoy my daily analysis! On this pair we can see price trading in a range, potentially heading lower to test the support zone of our range. This week we could see a break to the downside in line with my longer term directional bias. Any...
Break of structure, double bottom formation - bulls take over the market and break through range bound price. Simple analysis on this pair. Watch for the blue key levels marked for turning points as we begin our ascent! Check out our two previous linked ideas! Happy Trading!
On the daily we are in an ascending channel. Scale down and you'll find key levels on the 4hr. See how these key levels are being broken to the upside? This indicates bullish momentum in the markets and aligns with our longer term outlook on the pair. The blue levels here are key levels in the market where price has gravitated to and bounced from more often than...
Price has closed for the trading week at our key resistance level. We are expecting to see further tests and a potential break to the upside next week. Stay tuned for more analysis - and of course, any questions don't hesitate to direct message me. I will do my very best to get back to you! Have a great weekend folks!
Check out our previous forecast on EUR/AUD. We can see price has broken our resistance level, retraced and tested the level as support before bouncing away. We predict market moves before they happen. Happy Trading. I'm around during the weekend if you want to send me a DM and we can have a chat about the markets!
We can see a break of descending structure, bears take over the market. Price finds support and is consolidating in this range. Where will see price go heading into next week? Any questions? Just drop me a message. Happy Trading and have a great weekend!
We predict market moves before they happen. On Monday we marked two levels identifying potential resistance zones after the break of structure. Price rallied up to our first marked level and we've seen bears enter the market. DM me to find out more about how we forecasted this fall in price (CHF strength).
We've been bearish on this pair for some time now after a previous break of structure. Price retested the highs and tanking rapidly so far today. If you want to learn about this analysis, using highs, lows and key structures just send me a message on TradingView. Happy Trading guys!
Just 23 hours ago we predicted a breakout of this descending structure as price began to squeeze. We have our strong bullish breakout. We are predicting market moves before they happen! Happy Trading!
Check out our previous idea on GBP/AUD linked! Two weeks ago we predicted this move. Patience is key in trading. We predicted a move up to this level at the top of previous structure and price has now finally hit this level. We predict market moves before they happen - DM me to find out more and how we manage to do this! Happy Trading all!
We are bullish on the pair despite price once again respecting our upside trendline. Lots of info on the Chart itself so have a read! Any questions - Please DM me!
Price resides at long term lows - We've seen a double bottom formation @ 1.56 whole level and price has slipped into this 200 pip trading range. We are expecting price to break out to the upside. Lets see what happens. It is well possible price dips and tests the 1.56 again, forming a triple bottom before strong bullish momentum takes over. Any questions...
We're expecting price to fall from this level once again - and longer term breakout of this range to the downside. This pair is one to watch throughout the week. You want any explanation on this pair? I'll talk you through it! Just DM me.
We can see price has followed our first initial price path by falling to our support zone in our flat channel. Bulls are sitting at this level once again, but will they be able to take price higher once again? Or will we see a break of this structure? Happy Trading - and as always, any questions please feel free to shoot me a DM!
We can see a break of structure - followed by consolidation and indecision in the market forming this small range highlighted. What we're waiting for is a break of this range to the upside.
Price currently residing below 1.37 after a break above and break back under our whole level. Are we going to see more downside movement during the week? Or will price continue to test the upside? Remember this pair is very fundamental - keep an eye on the news surrounding both currencies!