CADJPY bearish flag signaling possible possible visit to the support at 103,5. Have buy orders at 103,359, take profit at 104,7 and stop loss at 103.
GBPUSD may head up to 1,286 after forming this reversal pattern. I advice a tight stop loss because any break below this level will confirm bearish continuation.
I am still negative on gold for now. We are yet to see 3006. Let us try to sell again with a very tight stop loss. Should price break this rising channel, add more sells. Stop loss at 3045.
Price is currently forming a bullish flag pattern. Should price drop to 3005, buy orders should trigger towards 3055. Price could break above from here but I see more downs first.
A head and shoulder pattern is forming here. My trading advice is, buy price when the market opens until London session. GBPUSD should look to continue the downward move from last week.
We could see a quick rally on GBPJPY price during Asia session. Price is looking to retest a broken trend line around 192,2. Best place to enter would be 188,440.
GBPJPY has entered a bearish phase. Price ended the week negative after consolidating on the resistance for a while. We see a breakout on the rising channel and expect price to touch 181,5 at least. However, we may have a retest towards 192,200 on Monday.
OIL prices should hike from this support towards the normal 75,00 to the USD. This area is a strong support zone, let us see if it rejects habibi
USDZAR has been climbing up rapidly this week, I would like to see price decline from around 18,95 towards 18,71.
AUDUSD is showing a bearish structure on the daily chart and now is the right to time to start selling. I am targeting 0,6 and below
Yesterday we bought it to the max. Now today, I am anticipating a decline in price. This is directly proportional with fundamentals as we await the market to react to the tariffs.
USDCAD should see a massive rise soon. This is due to a bullish flag pattern which has formed on the daily chart. This should be a nice trade heading towards nfp release.
London session buys on GBPUSD are lurking. Could we be granted just one last opportunity to buy at 1,29097, we can only hope. If you have a big account, buy GBPUSD now
GBPUSD looking to take off from this support towards 1,31. This is confirmed with a bullish flag pattern and and an invers head and shoulder pattern. Entry would be around 1,29077
Place your buy orders for GBPJPY at 192,99. We will be targeting 194,3 for now. We can set our stop loss at 192,787. Price has broken this bullish structure and should give a few pips to the buyers on Wednesday
XAUUSD price should climb towards 3125 before a potential reversal to 3100. Let us observe how price behaves within this bearish flag pattern
GBPUSD will decline now towards the end of NY session. Price has broken out of a rising channel and looks to fall to support 1,29
From next week, we will be targeting swing sells on AUDUSD in hopes to break the rising support of this apparent bearish flag pattern. Be on the lookout for the rest of this week to see if AUDUSD rises to our sell zone.