


Ocean98
EssentialDXY remains buliish for overall trend but after breakout on a 102d range and taking out the all time LH, the market is indicating a strong dollar but before we impulse away, it would be nice to see a throw back into the break of structure or to the previous LH to verify the STRONG bullish trend. hence is why we see the current market rejecting to form a new HH,i...
AUDCAD looks bearish on higher timeframe, the market has taken out the previous HL and formed a LL followed by a LH, we recently closed below current lower low, our M.A's are crossed down and wide apart, i do expect a little bit of a spike to the BOS before we impulse away to our target. i am bearish on AUDCAD for the coming week.
EURJPY Looks set for another bullish run for new Highs, but for that to happen we need to see a clear break out on our first target, the market has tapped into our golden key area and we have seen multiple rejection around that key area, turning into a line chart we can clearly see a bullish flag on current market price. with my confirmations i remain bullish on EJ
NZDUSD looks bearish to me as we have have broken the counter trend line on weekly chart, the market has also fail to give us a new HH thus that resulted into a LH, the market is now or has been constantly forming LL and LH. i do expect the bears to continue dropping the market into the marked D zone
Dollar index is currently showing strength as it has broken the previous LH on weekly time frame and a nice range breakout on daily chart, i do expect the momentum to continue to 95.00 or our marked monthly key zone. adding confluence is our M.A cross up and spreading apart indicating a strong bullish momentum.
USDZAR Outlook, looking bullish after some nice market reaction after tapping into the key level which is in confluence with the FIB key area. Looking to take profit on target 1 since the market still has an option to just form a swing LH then sell to 78.6% FIB area or just even further but i am bullish for the week ahead
AUDCAD Looks Bullish, the market has violated the downward counter trend line and broke out of the 5 weeks range on weekly time frame, The MA'S have not yet crossed up on weekly but on daily they have. This could be a potential trend reversal to the upside but key thing i would look for is a higher low formation on my key FIB area. taking a sell now or going short...
EURJPY could be potential giving us a short position to form a HL. down wards counter trend line has been violated and if we place our FIB from recent swing LH formation we can clearly see how the 78.6 area has been violated and M.A are crossed up.Bullish in over roll (only trade against the trend with target on 50% FIB level)
EURJPY Presents long opportunities as we about to move into a new month. i am looking forward into seeing a little bit of a HL formation before we impulse away for an all time high. Counter trend line has also been violated but keep in mind that we haven't taken out the previous LH and i generally would wait for a clear break of previous LH giving us a HH then...
NZDUSD looks bullish considering the fact that the marked yellow area is considered a swing higher low. trowing a FIB from that point to the all time high we can clearly see a pull back into the golden zones .Monthly & weekly time frame are Bullish. Possible HL formation on current price before we being the run.
EURUSD looks bullish, the market has been in an uptrend forming HH and HL, looking at recent price action we can see that the market has made a pull back into the 78.6 Fib level and gave us an impulsive move to the upside engulfing the previous candlestick. i anticipate a bullish move for the week ahead until 50% Fib level as TP 1
GBPJPY is looking solid for a long term impulse to for new highers but it all depends on how we react on previous market high. looking at the monthly chart we can see how the market created a higher high then came back to fib levels to create higher low. we are now seeing a market forming deeper pullbacks and long term impulsive moves to the upside. the daily...
GBPUSD look bullish for the week ahead, the market has created a ranging market or bullish flag. using the wick rejections we can see a clear formation of new highs with the higher lows being formed, the market has issued a bullish engulfing candlestick on daily time frame, in confluence with the double bottom or the market failing to push below previous higher...