As long as AUDUSD doesn't break the trend line I still see AUDUSD as a down trend. I personally miss the entry when it was hit the trendline on 9 June 2016. Now it is pulling back to 0.7206 (0.618 level) and hit once again. I will short around here and aim for 0.715 SL above the trendline.
Yesterday AUDJPY was hit 161.80 level and got some rejection right there!! JPY is very strong these days as Gold. I will see this chart as a short set up, wait for pulling back to trendline and there you go!!! let's ride to 200 level at 74.727 It was tested 77.518 yesterday and the price could not passed it. so I will be looking for another short position at...
GBPUSD has broken down the trendline then touched the 200 level and directly rejected with strong resistance (same low level on April 2016) pull back is done today at 1.43859. I will short from here low risk nice reward because SL will be just above EMA 200 or above the TL. Target 1.38359
- DAX is still in down trend from my point. - Trend line is very close to 0.618 level. - What I am expected to see is the reversal at 0.618 or around the trend line. - Target around 8695 (demand level)
USDJPY has arrived at very strong demand level. my target would be 113.800 and 115.400 SL below demand level.
Simple one AUDUSD still in up trend from my point of view. pullback and touch the trendline at 50% level Long position now and aim for 0.77228 and 0.77995 SL below 0.75800 when it will break the trendline
GBPJPY has been down trend for sometimes!! it's time to go long!! The pull back to 0.618 level around 158.301 which is very nice, now I see the break out of trend line. However, I will wait for another pull back to make sure it's really ready to go up, in the mean time, the candle probably stands above 200MA which is another confirmation for me. my first target...
Bearish correction will probably happen this week, I think EURUSD still in up trend as the price is trying to reach higher and higher each time. I will wait this trend at the trend line 1.13033 (50% Fibo level pullback) and I will go long from there. I expected it will go to 1.15 very soon so target would be 1.14900 (resistance on Oct 2015), 1.15200 (1.168 level)...
AUDUSD is up to 200% level last Friday and it is now about to pull back to 0.618 at 0.73268 - This can be consider a short to 0.618 level or wait to follow the trend at entry point around 0.73268 - There is demand level exactly around 0.618 level. TP1 0.76802 TP2 0.79156 SL 0.725XX (Under Demand zone)
very strong support at 0.618 as the price didn't break it for 2 times. First target 0.786 level (1.44160) Expect the price to break the tri-angle to hit my 2nd target at 1.45145 then re-test the trend line and head to 1.618 level. Trade active bought at 1.41XXX
AUDJPY short setup - Nice risk:reward - Target 80.395 and 77.582 - my orders will be at 0.618 level and under the trend line.