The Kiwi was rejected with price at market close for the week and I see a pullback to support, but I am overall bullish and expect to see higher highs to complete an inverted H&S pattern and reach resistance within the channel shown. The "C" is the strongest leg for entry but the "B" also looks like a nice short while completing this pattern. Lets see how this plays out.
I am looking to short AU in the near future but waiting for price to push up to the short zone. I am looking for a full retrace..
I see a descending flag on the daily which supports my bullish bias. Price is at support and I expect a nice correction for possibly a 78.6 fib retrace. Lets see what the Kiwi does
I see a nice ascending flag that formed at a market close for the daily. I am expecting to see a short, then retest to form a right shoulder for an inverted Head & Shoulders pattern. Once complete, I am also expecting a bigger short to complete a possible full retrace.
Seeking confirmation for a bull run with UsdChf. We have a double bottom zone on the daily and a respected trend line for support. I will be watching this for a buy confirmation.
Beautiful structure for EurSek. I see a possible short to support to complete the right shoulder for a head and shoulder pattern. Waiting for confirmation for the short.
Too early to tell, but this is my prediction for EU. I am bullish and created retests which form an inverted Head and Shoulders pattern. Only time will tell =)
Beautiful Elliott Wave structure from UsdSek. I am bearish for this pair with hopes of a short to create the right side of a head and shoulders pattern. This will be a long hold and will take patience.
Beautiful structure for UsdNok. Waiting for price to enter the sell zone to short this pair with daily time frame.
Nice structure for a short on the daily. The support levels represent the take profits..
UJ has reached a strong resistance on the daily time frame. I am looking to short 160+ pips to the support below.
GbpChf has broken through a key resistance structure with momentum for a bullish reversal. Price was rejected by support landscaping a nice buy zone. My chart displays my bias future direction for the price. Cheers to the bulls!
My previous analysis came together for the Aussie. Nice short for next week. Cheers for the bears!
Needless to say I have a short Bias here! Will be watching next week price closings closely. Cheers to the bears!
NzdChf looks like a nice short for next week. I will be paying attention to the direction. I have a short bias on the Kiwi pairs so far. Cheers to the bears!
NU is in a nice zone for a short. I will be waiting until next weeks volume to return to see what it wants to do from here. However, my bias is short at this point. Cheers to the bears!
My previous forecast was premature, as the Pound dropped some more to create what appears to be the inverted head for the "Head and Shoulders". Daily has broken my Keltner Channel as well for more bullish confirmation. Look for the pull back and get in, this appears to be a nice hold to resistance from here. Cheers to the Bulls!