AUDCHF has been falling for quite some time and has recently broken a strong support level. Price has came back to this level and is currently retesting as resistance. I believe price will continue to fall from here. Fasten your seatbelts!
CHFJPY has repeatedly failed to breach the 143.3 resistance level. Recently, price broke below an uptrend line and bear candles have formed. I expect price to fall to the 139 level during the month of September. Remember to trade wisely and use proper risk management.
Price has broken above a downtrend line, retested it and pushed higher. I am looking for price to retest the uptrend line and show some rejection before I open a buy position. I expect price to reach the previous highs but it could push further. Remember to use proper risk managment.
As expected, GBPAUD bounced off of the resistance level and has continued downwards, I expect price to reach 1.68 before a reversal happens.
GBPAUD has retraced back to a major horizontal level. I expect price to fall to the 1.68 level
Earlier this week, USDJPY broke out of a downtrend and started to gain bullish momentum. Today, price broke above the 135.5 resistance level and has continued to push up. I expect price to make a retracement to the 135.5 level and then push to the 139 level before any reversal occurs. Remember to use proper risk management.
As expected, EURCHF continued down from the resistance level. I have taken partial profits and, moved my stop to breakeven, and I will let the rest of the trade play out. I expect price to fall to the 0.955 price level.
Price has broken a downtrend line. I expect price to retrace back to the trend line and continue falling to the 0.65 support area. Remember to use proper risk management.
Price has recently broken a downtrend line. I expect price to retrace back to the 200 EMA and continue falling to the 0.67 support level. Remember to use proper risk management.
EURJPY has recently broken out of a downtrend line. I expect price to retrace a bit and then push up to the resistance level. Remember to use proper risk management.
EURCHF has approached a point of interest. Price is currently testing a strong resistance level as well as a down trend line. If price becomes bearish at this point, I will look to enter a sell trade. Remember to use proper risk management.
EURCAD swiftly reacted to the strong bearish wick and pushed down to a short term support level. I expect price to have a small bounce here so I took partial profits and moved my stop to breakeven in case a bigger reversal happens.
GBPAUD has recently broken out of a range that began in March. Price has now retested that range and is showing bearish price action. I expect price to continue falling to the 1.68 level before any reversal happens. Remember to use proper risk management.
EURCAD has continuously failed to breach a strong resistance level and has recently broken and retested an uptrend line with a large bearish wick. I expect price to fall to the 1.3 support area before any reversal occurs. Remember to use proper risk management.
As expected, EURAUD continued falling after a break below support. I have taken partial profits and have moved my stop to breakeven. I'll let the rest of the trade play out from here. Remember to use risk management.
As expected, GBPCHF has continued its descent to the next support level. I have taken partial profits and have moved my stop to breakeven. I will let the rest of the trade run. Remember to use risk management.
EURAUD has recently broken a short term uptrend line and is currently attempting to push below a strong support level. I expect price to make a small bounce off of support, retest the uptrend line as resistance, and then continue its descent to the next support level at 1.434. Remember to trade wisely and use proper risk management.
GBPCHF has been in a range for a little over a month now and has recently broken that range to the downside. Based on price being below my weekly trend line, price being below the 4h EMA, and the extreme low volume environment that price is now entering, I expect price to fall to the 1.125 level before a rebound ensues. Remember to trade wisely and use proper risk...