LCFXpro

LCFXpro Updated 

on a daily we can see a break and retest of the TL it is inline with 61.8 daily fibs. looking forward to see cad to catch the 200DMA

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Across the board Euro pairs needs a lot of volume to boost to the upside, shall we see the move to the upside soon?

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On a daily frame price forming a lower high at 61.8 fibs, weekly forming bearish doji candle and 4HR creating a very clean piece action. a break and retest is a must before shorting this pair to the -27 daily fibs.

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New leg low is coming

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The Canadian Dollar is expected to rise in value as higher oil prices raise increases the demand for Canadian dollars and raises its value in exchange rates.

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kiwi has made so many bullish attempts, could it be the last move before it sky rocketed?

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Although euro GDP print a lower growth than the expected (actual 1.7% forecast 1.9%). still EURJPY inviting a bid around key level 127.900. on the daily time frame we can see clearly a pin bar candle closed on Friday last week, and if if you go to the intraday timeframe, a H&S formed around the key level that i just mention. Trade Idea : look for buy signal upon...

LCFXpro

The latest BREXIT negotiation was going quite positive although both parties will have more upcoming meetings. what i want to see now on the 4hr time frame is a pullback to the previous descending trendline as well as 50% fibo retracement. once i see a pull back i will match that with the pivot order before executing long position targeting the next key...

LCFXpro Updated 

Monday short position was stop out on Tuesday nikkei session leaving me -5% on the table. however every position that i take are carefully measured & calculated. after i let the price action to develop to show me weather short bias are still valid, Wednesday daily close tells me it is. i re-drew my neckline from 6 November 2017. i see a clear touches as well as...

LCFXpro Updated 

Taking an aggressive short entry on the right shoulder of H&S harmonic pattern. if bear can push down to 1.5620 it will be ideal to add another short entry right after any bearish price action form. other wise if bull can push up the price above 1.5770 it will cancel my short projection.

LCFXpro Updated 

Watch for seller preasure upon retest on 1.1500 resistance. Support level is at 1.1300 then 1.1125. Otherwise, ant daily candle close above 1.1510 would change the short projection.

LCFXpro Updated 

A Clear H&S formed on daily charts now we need to watch seller preasure around 1.7580 level and daily candle close below this level is a must before shorting this pair. next support comes at 1.7400 and then 1.7100. otherwise a daily close above 1.7580 would bring a new buyer to push the price back above 1.7850.

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Look for buy signal after bull can break the wedge resistance on daily close candle, once i see any retest to the wedge then i will start to look for buy signal around 0.7380 key s/r

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look for buy signal if bull can break the wedge. this projection will highly related with AUDUSD

LCFXpro

I've been watching this pair for sometimes, seems like this week will be the penultimate move as the price now consolidate in downward sloping channel as well as heading toward the daily ascending trendline. i will look for buy signal if bull can bounce & break above downward sloping channel or i will look for sell signal if bear can break the ascending trendline....

LCFXpro

Looking for a retest at 110.90 - 111.00 key of support. once we see any evidence that those level hold the price, then we can start to look for bullish signal. the nearest key resistance is at 112.0. before you take this trade make sure you have a proper risk to reward. any daily close below 110.90 will postpone the long projection.

LCFXpro

Price move in upward sloping channel, currently trading at support level 52.50 inline with fibs retracement level.next key resistance is at 56.00

LCFXpro

Watching seller pressure and short opportunity at 144.0 level of resistance as this level play very important role since May 2018. otherwise any daily candle close above 144.0 will postpone the short projection