EURAUD might continue to make movement upwards as a result of recent improvements. So till it breaks above the mini-arrow we'll get to see to along the longer arrow price range..., till the market says otherwise, not a trading advice...just publishing thoughts
Having seen a textbook setup on the daily timeframe wonder if this setup will playout considering the fact that: 1. It might take time to playout 2. Price might still decide to go south 3. Otherwise the Inverse Head and shoulder might playout Just my thoughts though I await yours on the comment section
If AUDJPY can do this from now till the end of this year I won't be surprised, likewise if it behaves otherwise.
Expecting a bearish continuation on this pair anytime soon as the bullish pressure might be an opportunity for the sellers raid otherwise I remain flexible to the market
I want to post some reasons why this pair should tank down but after reading that I just laughed meanwhile while the reason might still be valid though, I want to live you to this #JUST BELIEVE
Might be taking a sell from that price area, as my outlook on NZDJPY for the week is on the south side, as price has touched neck line of the M pattern of the previous week. Trade safe
The big if's idea in this context is that if price will break below the circled zone that's the mini trendline below we might expect a further move towards the downside towards the lower bound area below, which has a slight probability of happening... but regardless this is the market anything can happen, Trade safely
Scalpers and Swing traders take note an early trade is detected
NZDCAD have been traveling southwards for the record and the story having reached the climax I might be expecting the story to come to an end anytime soon as there's been a reaction at that fib level
GBPAUD seems to shift its momentum from the upside and currently we're facing a downtrend that has formed a double top which we might expect a continuation to the downside anytime soon, I will be looking at this pair till 1.80 let me get your zones and thoughts in the comment section below
The overall direction of the market is southwards from the beginning of this year, so the market having created a double top last week confirm continuation of the overall trend, we might expect a sell-off this week to the low of last week or beyond. Except the market invalidates the setup by creating a high above the double top price area of last week
The above setup shows that GBPCAD might ripe for a short term sell, while the lines are showing sells opportunity the market might still have already priced in the opportunities and looking for traps. So focusing on the preposition of sells we might see a massive move towards the downside in few days to catch the support below till the market says otherwise. Trade...
Expecting a continuation towards the downsides on EURNZD because of the rejection from the trendline above, otherwise the market might want to reject the trendline and push higher.
I see a buy above the 0.90 levels all through to 0.91 and for the market to create a new weekly highs, that's if and only the market don't range as we're approaching the final trading week for the month. Meanwhile speculators should watch out as there's still area of interest below which is less likely for the market might to trade towards to, so regardless if...
The market seems ready who knows, Just my opinion though...
NZDCHF technically might still expect sells as there might be a continuation based on bounce off from the fib levels and if price starts travelling north we just have to readjust as trading is reactive not predictive.... #myOpinionThough.
Price seems to be respecting this green trend zone as occasion expects it to reject this area entirely and drive the price south, so what if the market has other news in store for us no problem am listening
Following the recent update on NZDUSD the market seems to be reversing from Nov. 17 2022 retracement levels, this price level has currently created a current low of the year. While we have the high up there, following the textbook setup we have a down trend followed by a retracement which me might expect a continuation lower when the retracement is done. Till we...