Looks like we're about to go bullish again on gold, lets wait for the break and retest for confirmation before we buy
The Canadian seems to be picking up strength again after Trump’S announcement of tarrifs which made it tank earlier in the week. New CAD and momentum coupled with exhaustion of the GBP makes for a nice bearish move.
Looks like the JPY pairs are finally making that move up. you can buy NZD or AUDJPY, both look good for the R:R ratio.
For the guys hwo took this trade with me, i think we might be able to go all the way to trendline with this one so i'm extending the TP to the 0.84315 level. You should move your stop loss to take atleast have of the profits by now so that if this doesn't fully play out you still have profits secured
This is a good sell, with the GBP exhausted from an insane bull run and the AUD gaining strength, this works out for a good sell. price failed to make higher highs on 2 attemps
This is a late trade since volume isn't its best at this time. However we have strong EUR moment causing a break and rejection of the downward trend. And then a strong bulling 4hr candle to the upside. might have a little pullback since volume is low at this time but i'm confident that we now have a bullish trend for EURGBP. I'd also watchout for reaction off of...
With Trump's announcement of Tarrifs on Canada and mexico starting tomorrow, I expect a continuation of this downward trend on CHF and JPY pairs
With Trump's announcement of Tarrifs on Canada and Mexico starting tomorrow, I expect this downward trend to continue on the JPY and CHF pairs
Price formed a triple bottom and is about to breakout from downward trend. This is an early call, but all other CHF pairs have already broken out so this pair will follow. The fact that its early gives us a greater risk to reward.
Price on the 1 Hr timeframe broke through the trendline with 2 strong bullish candles. It also bought with momentum off a liquidity zone with a triple bottom pattern forming a upward trendline
Strong bullish momentum on this pair, breaking from a bearish trend and now buying from a support zone as well as a trendline.
price breaking through trend with increasing strength of the US Dollar. The Euro has also been weak for the past week days
Price pulled back to the trendline and has rejected it. Bullish momentum no apparent on the 4hr candle
Price broke out of consolidation with strong bullish momentum. I expect price to continue to the upside. Might get a slight pulback close to entry within the next 12hours, but ultimately price will continue being bullish and head to the upside
Price showing strong bullish momentum after bouncing off of resistance. This is a very nice setup already in play.
Weakening US dollar and strengthening Euro makes for a good bullish direction and momentum. All US dollar pairs should have similar momentum. Of the lot is think this is the best since it has already formed a trendline to buy off of
Price retraced to trendline and rejected same. Canadian dollar also seems to be gaining a bit of strength whilst US dollar has been weakening. US dollar is expected to continue weakening as Trump stated he wants to weaken the dollar.
Price has rejected off of weekly high, interest rates are also expected to be announced during tomorrows Asian session which should give even greater bearish momentum.