Technical_AnalystZAR

Technical_AnalystZAR

Spent the whole morning looking for a setup and stumbled upon this beauty. Inverse head and shoulders pattern on display, lets observe how it plays out. 1.79300 is my target

Technical_AnalystZAR

I believe now is the best time to procure some EURUSD. This market has long turned bullish, and this inverse head and shoulders pattern confirms the bullish move.

Technical_AnalystZAR

Expecting this bearish pullback on EURUSD. This is a risky one considering the weakness of the USD currently, but this double top monarch pattern signals a possible bearish move.

Technical_AnalystZAR

XAUUSD price will decline from 2653 resistance towards the support area at 2610. A bearish flag confirms this move. Stop losses would be set around 2658.

Technical_AnalystZAR

Looking to sell Crude OIL around 72.2 targeting 71.47. Price is trading within a falling channel and should see another bearish leg into the support.

Technical_AnalystZAR

Anticipating another bearish leg within this falling channel pattern. The trend is currently bearish and I would look for sells around 69.22, targeting 67.7.

Technical_AnalystZAR

Buying NZDCAD here at this support at 0.89140 towards 0.82888. This market has had a busy day. Price quickly rallied in the early hours of the day and retraced back to the previous day high. With the head and shoulder pattern displayed, I see price hiking from here.

Technical_AnalystZAR

EURUSD gearing up for an intraday bullish surge towards 1.06. An inverse head and shoulders pattern confirms this move.

Technical_AnalystZAR

Looking to sell USDJPY here around 154.3 toward the support at 153.3.A bearish flag pattern has formed indicating selling pressure.

Technical_AnalystZAR

The sells are coming but the bulls are not exhausted yet. Anticipating another surge towards the upside. Price should reach 2673 before the end of this week.

Technical_AnalystZAR

This is the XAUUSD daily chart. Technically we should see a massive dump soon towards 2505. However, this should be approached with caution because the sells are not ready yet. We will allow the bulls to max out first

Technical_AnalystZAR

Selling USDZAR here around 18.11 towards 17.90. Observing the trend line break, price should target recent low and create a fresher low. Our most used reversal pattern, head and shoulders seems to be formed and ready to move. ZAR interest rate decision and USD Initial Jobless Claims tomorrow should fuel the sells.

Technical_AnalystZAR

THIS is my idea for the path of EJ price in the next two days. I would like to see the price drop below Wednesday's low and rocket once support is found.

Technical_AnalystZAR

Buying EURUSD now at 1.06150. I see price rallying from this area, towards 1.6585. Confirmed with an inverse head and shoulder pattern. Let's see how it goes

Technical_AnalystZAR

XAUUSD price is flirting with support around 2600. I see price recovering into 2627 and possibly 2655. Lets buy here with the double bottom confirmation.

Technical_AnalystZAR

Price is currently resting on the daily support 2590 - 2606. Price should see an increase from here as gold is on an overall bull run, there are no signs of a possible change in direction yet. My final target would be 2655, I will take profit around 2627 too.

Technical_AnalystZAR

SELL CHFJPY on the neckline at 175.175. A simple break out and retest set up up backed by the double bottom pattern. Would love to see price fall towards 174.52

Technical_AnalystZAR

USDJPY will fall to support at 153.3 from here. Sells confirmed by what SEEMS to be a head and shoulder pattern. Remember we trade what we see.