JoshFX1

JoshFX1 Updated 

EURUSD on the daily time fame shows a possible interesting setup. Its approaching the next resistance while the Stoch indicator has enough fuel left to go up forward. Only thing missing yet is the ADX green line crossing over the red line. EURUSD will be interesting to keep an eye on as it keeps climbing up. When on the ADX the green line crosses the red line its...

JoshFX1 Updated 

USDCHF is showing a nice selling opportunity on the dialy time frame. It has broken a support and is now heading towards the lower range. Chances of this lower range to break are high because Stoch shows a fresh bearish cross over and on the ADX indicator you see the red line (bearish trend) is about the take over the green line! So this has a chance to be a great...

JoshFX1 Updated 

GBPUSD is on the edge of a break-out. At the moment its close to breaking the lower range and the next support. if these break we will see 1,28 again. A break of the upper range will confirm a buy but right now that seems further away then a sell. All other GBP pairs also show bearish signals for GBP.

JoshFX1 Updated 

EurJpy is showing a nice break-out on the 1 hour time frame and seems to be heading back to 132-132.50. Use these as possible take profits. A stop should be at 131.40 the next support

JoshFX1 Updated 

EURGBP on the daily time frame shows that we soon might see a bullish reversal. Currently it still shows a double bottom which might turn into a triple bottom. You can either wait for another 20-25 pips before you start buying or buy now and use a bit bigger stop loss. Entry: CMP TP: 0,8880 SL: 0.8740

JoshFX1 Updated 

AUDUSD on the daily time frame has been hovering around the same area for a few days now and respecting the lows. This is a sign that it might have reached the bottom and is collecting some fuel for a bounce back. However a break will see a sell to 0.72 Best is to start with a buy position with a 40 pip stop loss. If that stop gets hit it means the support is...

JoshFX1 Updated 

On the daily time frame USDJPY is at a key resistance again. A rejection can lead to a down move to 111.50 and possible 109. Since the price is at a rejection we rather sell it and aim at a rejection while using a stop loss around 114.75. If the daily time frame closes above this level then the resistance is broken and we switch to a buy and aim at 118 over the...

JoshFX1 Updated 

EURUSD on the daily time frame is looking for a break back up over the next several day. Chances are we see 1.17 and maybe even 1.18 again. Ofcourse a lot wil depend on the FED tomorow. But current setup shows a buy rather than a sell.

JoshFX1

Simple chart on GBPAUD 1 hour time frame. This resistance has be tested 3 times so far. Keep a close eye on a possible break-out. The current candle seems to close at the resistance. If it gets rejected again it will be an easy 80-120 move down. So keep an eye on it because of the 1 hour candle closes above it then its a buy ofcourse.

JoshFX1

On the 4 hour time frame of EURGBP we can see that it has broken from the upper range and after a retracement its now testing the new lower range. This can be a sign that the bottom has reached and EURGBP is preparing for a new wave up toward 0.8950-0.9000 at least.

JoshFX1 Updated 

EURAUD on the 4 hour time frame had a nice break-out from the upper range. From this point we will buy EurAud and follow the break-out. Next resistances are our targets and support our stop-loss.

JoshFX1 Updated 

NZDUSD is showin a possible bullish reversal on most time frames. This reversal can lead this pair back to 0,7000 and higher. So nice pips can be made. A break of the support at 0.6824 will trigger further sell of. So in case the bullish reversal is rejected you can sell if this support breaks, stay versatile dont just focused on one direction but for now a buy is...

JoshFX1

GBPAUD is still fighting the same resistance and seems to fail to break it. It's now a nice opportunity to sell it with a stop a bit above the resistance. All though the focus now is on selling, a good break of this resistance will be a buying opportunity, so keep your stop in place and be versatile and ready to buy. But for now sell. Open: around 0.7124 TP:...

JoshFX1 Updated 

Short term outlook of gold on the 4 hour time frame. A break of 1264 will create a new wave down and a break up from current price can see a very nice move up. The Euro is looking strong for today which is positive for eurusd and will also see gold up so I say a upper wave is more likely. But keep a close eye on it just in case 1264 breaks. TP: 1288 SL: 1262, (if...

JoshFX1 Updated 

On the 4 hour time frame EURNZD has potential to bounce back up from its support level. If you want to trade this bounce back use a 60 pip SL and put your TP on 1.8380 for some good pips of profit.

JoshFX1 Updated 

EURCAD on the daily time frame is getting close to its lower range and from above its getting squeezed by a resistance. This gives the chance on a nice strong upwards break the next days that can give 250 pips TP: 1.4990 SL: 1.4630

JoshFX1 Updated 

Great news for Dollar bulls. On the weekly time frame the dollar index has finally broken the upper range. This is a strong indication that we might finally see a trend reversal and a stronger dollar over the next weeks. Previous down trend lasted 25 weeks if you start counting from the start of the channel. If you like to hold position for a few days and make...

JoshFX1

NZDUSD is nicely bouncing back from the upper range on the 4 hour time frame SL: 0.7260 TP: 0.7140