Interested to do sell at 1.32526 if M15 shows more confirmation. Entry 1.32568 SL 1.32705 TP1 1.32133 TP2 1.31666
USDJPY reached demand zone, shows reversal pinbar at big trend 0.618. I would enter a buy if M15 shows more confirmation. Entry 109.900 SL 109.849 TP 110.268
XAUUSD is still very bearish in a higher timeframe. However, M15 has shown traces of reverse. I would be interested to enter a buy trade if price retrace back to Fibo 0.618, 1263.41. SL 1261.16 (230 points) TP 1270.00
H4 following downtrend, without a clear demand zone. Its possible price will keep moving downwards. Inside bar breaks, entry at 1273.50 SL at 1277.41. TP1 1260.00.
USOil shows buying power at 63.38. It broke bearish structure. Look for buying opportunity between 64.5-65. TP at 66 SL at 64.56
Price broke through pin bar low at 1.33122. A sign of forming lower low. Will see 1.33122 as resistance level to continue GBPUSD bearish trend. TP1 1.32102 Tp2 1.30821
Price reached high level resistance. Indecision candle stick shows up + a H4 bearish candlestick. Entry using M15, after seeing Negative Divergence. Entry 110.599. SL at 110.700, TP1 at 110.377, TP2 at 110.138.
- EURUSD is seen to have sell orders gathered at 1.18000, 1.18417, 1.20000. - Matched with FIbo 0.618, 1.18000 is a confluence zone benefiting a good sell towards 1.17000.
- In weekly time frame, XAUUSD is positioned at a relatively high price, with strong weekly resistance. - In a Daily and H4 time frame, its price is still bouncing around 1290.82 - 1305.00. - Buyers are seen willing to buy XAUUSD at 1290.82. - Therefore, in the mean time, price could go up to 1305.00, 1318.00, 1324.00.
EURUSD broke out from its H4 range. Range resistance becomes support. Price shows rejection at current resistance level. Will do a sell until price hits support. Then change to do buy.
Based purely on technical analysis. Price has broke 1.18307 before. Retraced 2 times and price got pushed down by sell orders. Expect sell orders to gather again at 1.18307.
D1: Downtrend retrace, closed bearish. A closer strong support will be at 1.32429. If sellers managed to break 1.32429. I would see price to range between 1.30000 and 1.33000. Support price at 1.30000.
'Strong job reports means June rate hike coming and FED could get more aggressive' - CNBC I see USD going stronger for the following months of 2018. The pullback at 111.240 might have just given buyers another long opportunity at 108.100 area. To get on board on this upward trend, I am looking forward for price to retrace back to a lower time frame buyers...
W1: Closed bearish, wicks rejecting 1306.93 neckline. D1: Lower high in bearish trend formed. Closed bearish. H4: Double top formed. Closed bearish. H1: Closed bearish. Buyer exists at 1292.95 level. 1297.50 acts as lower TF resistance.