The pound is overbought. AUD has been finding strength. Structure break to downside on 4hr tf. Bearish divergence on RSI. Anticipating a retracement to 2.00000 flat ad the daily tf never retested this zone.
Price has pulled back into weekly highs, but respected the previous 4hr high. Price had broken below the 4hr support at 188.500 and made a new low. This bullish push seems to be a liquidity grab before further selling and I anticipate a new low to be made ending the week bearish. Yesterday's daily closed as a bearish rejection. Entries taken as price turned...
Price had been consolidating and market structure has shifted. The weekly is likely to make a retracement before continuing bullish and I'm anticipating a retest of 1.25000. Daily closwd bearish yesturday. Currently rejecting 1.26000 on the 1hr.
Price moved bullish on monday with the daily closing bullish engulfing breaking structureto upside. We have since had a retracement to form a higher low. Inverse head and shoulders on 15 min tf. Now retesting the neckline. Buys taken anticipating a bullish influx.
Price has retraced ro 4hr support and taken some liquidity. Last week closed as a bullish engulfing. Anticipating price to form support here to continue bullish. 1.24000 key level.
GU has been rejecting the downside and two daily candles have printed bullish at this significant zone. Highly oversold due to dollar strength. USD has peaked at 110 and started to retrace, will likely continue bearish up until Trump inauguration. Gu making higher highs and lows signifying shift in structure to upside. GBP GDP was red at 0.1 but still better than...
Btc had made a higher low and higher high on the 4hr tf signifying a change in structure. Price now in demand zone and maintaining support. Anticipating this low to hold and bullish movement here to create new higher high.
Btc has pulled back into 97200, formed an inverse head and shoulders. Broken a counter trend and is reacting well off of the demand zone on the hourly. Anticipating price to keep pushing from this area to retest the recent highs.
Gold made a higher high on the 4hr tf. Now has retraced into demand zone. Gold still due to rise due to geopolitics and uncertainty. Anticipating bullish impulse ro upside from this area.
Gj has retraced to 192.000, big sell pressure here to potentially continue downtrend. The yen has been steadily gaining strength due to policy changes and optimism. This is premium price to catch a move down given that the swing high at 192.520 is maintained. Also this level is a weekly zone and we are trading below it.
Price has formed an inverse head and shoulders around the weekly 76.2 fib level after taking liquidity from previous lower highs. Price made a higher high after breaking 1.27100 and currently seems to be forming a higher low. Holding steadily above 1.26000. Bullish influx expected into 1.29000 area as USD retraces after a big run up.
Weak euro due to russia Ukraine war. Aud primed for a bull bounce. Head and shoulder on daily. Retesting right shoulder for lower high. Anticipating lower low.
Gold has run up massively due to international tentions. Currently the 4hr high at 2710 is being respected. Tentions between Russia and Ukraine peaked as Russia deployed icmb's and the only logical perspective is that Russia was never bluffing with its threats to Nato. Going forward we can assume that leaders will want to deescalate as opposed to being blasted in...
Price has pulled into weekly support and maintained the swing higher low. Pound oversold and due for strength. AUD has been bearish. Anticipating price to go long targeting the liquidity around the double top at 1.96500 with long term target being 1.97500
GU still ranging at daily support, hasn't been able to break below. Dollar has seen strength due to Trump optimism but is overbought so I'm anticipating a retracement. Currently forming an inverse head and shoulders on the 4hr tf. Hourly was bullish holding above 1.28500. Buys taken targeting 1.31000.
Gbp has fallen to a daily support zone which coincides with 76 fib level. 1.28500 is a monthly significant price and we are currently trading above. The monthly close is unlikely to be below here and the new monthly candle will likely go bullish initially as price retests 1.30000-1.31000. NFP tomorrow which is likely to power the move.
Price is at historically significant level, daily made higher highs and currently respecting the swing low at 66.255. Mentions in the middle east as well as election uncertainty in the US may push price higher. There is also the gap down from weekly open that is likely to be filled. Any major escalation between Iran and Israel may cause a spike up in price. If the...
Price is still in a bullish trend until the swing low at 1.30020 is broken. Currently consolidating within the daily demand zone. Buys taken anticipating a bullish move up into 1.32000. Gbp news tomorrow may prove to be the catalyst for the move.