Price is hovering over a major level and showing signs of bullish pressure.. The zone of 1.35 would be the overall goal but possible to have pit stops along the way… FED minutes are this week but if you ask me, Pound has a good chance of remaining in the bullish landscape..
Price is climbing and I’m anticipating a pullback to find a higher low level of support. Previously price broke support but regained strength and found support on the major level shown.. This should be a good buy opportunity and I’m tracking it for a potential entry.. -Watching with bullish bias.
In coming days we may get some strength from CAD vs AUD. I will be looking for price action around resistance zone and a retest of my levels for a short entry. My entry will be with the 4hr time frame. RSI lets us know that there is a good amount of momentum in this zone as it appears to be overbought. -Watching with short bias.
Price is too strong to turn around! We have a retest of the level below and a higher high produces signaling strength with the bulls. Next level anticipated is shown on chart..
Strong bearish landscape for price. We have a lower low created on the 4hr time frame. USD weakness is evident. I have entered a short position with my SL above last lower high. TP left open and will use the pink cloud as a guide of resistance until broken. A retest for the major level is shown better via 1hr time frame. I will update progress of the trade accordingly.
If you have been watching EU for an entry, looks like a good area to enter in my opinion.. I am using the green cloud as support to ride the wave. Next ultimate destination is resistance shown above price on the chart. The plan is to buy the rallies as appropriate until price reaches that level, or beyond. SL placed below most recent higher low on 4hr.. Previous...
Im gonnq track this zone and see if kiwi runs out of strength...watching
Too early to tell but from this view, I have gone back to short bias... whew, patience was needed indeed lol.. Support is getting thin.. The green cloud is the higher averages of support.. Looking for a retest of the major level and per my analysis, there may be short opportunities ahead..
On the technical side, Euro has one more price to hit and its deep; according to my analysis..Will Euro hit .89600? ..Im looking for a retest of the major level shown and looking for short opportunities via the cloud...
Now that price appears to be in a bearish landscape, I am waiting for a retest for the major level.. Ultimate target is shown below but it may not be a smooth ride. Overall, expecting a full retrace for price..
Price is resting amongst a significant Aussie level. Watching this level to see what price wants to do. As of the moment, the green cloud serves of the higher averages of support, as well as the major level of support below.. Can Aussie climb up from the hard fall? Neutral bias
USD came out swinging today but the Euro was unfazed and remains above a significant level. Can we receive a retest before price runs with the bulls? Too early to tell but def worth watching prices reaction at this level.. GO EURO!
If price is rejected here, this is a retest of this level from a break that took place several months ago. Watch this zone as it is a potentially good zone to look for shorts in the future. I will be watching this pair this week for an opportunity.
Previous bullish bias invalid, as price broke through a strong support floor. My next major level is really deep, around .83... Price may not reach that level but should be some good short opportunities in the mean time with a weaker dollar. Pay attention to this level during higher volume sessions. I will be looking for an entry on 4hr time frame.
Previous short bias was wrong for Aussie.. Price has climbed over a major level and showing strength with the bulls. Daily supportive cloud looks strong. My next level of focus is displayed and will be looking for a buy entry when a high volume session permits. Entries will be executed on 4hr time frame.
My chart displays my game plan for the levels I am paying attention to.. Going into next week, I will be looking for "buys" during higher volume sessions via 4hr.. A pullback exists on the 4hr, so I may enter a long entry via London session... Daily support cloud looks good and strong as well.. Next level of resistance is listed..
Previous bias for bullish scenario appears to be invalid at this point. Price has slipped into a bearish landscape and rejected twice below the major level of resistance. I have changed my bias to bearish and expect a slide from here. I have entered a market entry short with SL above the green cloud.
Price appears to be slipping into a bearish climate as it creates lower highs and dips below a major level. If a lower low is produced, I will be looking for a short entry with my ultimate target at the support level illustrated on the chart. Currently price appears to be retesting the major level.. Will be watching future sessions for the opportunity.