The_Currency_Guy

The_Currency_Guy

GC (GBPCAD) bias long CONFLUENCE’S for long bias; respecting the upper trendline Sat on major weekly support Up trend Making higher highs and higher lows

The_Currency_Guy

GN (GBPNZD) bias short term short then long CONFLUENCE’S for bias; Top of channel Triple zone Tweezer tops Weekly resistance

The_Currency_Guy

UJ (USDJPY) bias long As you can see from the dxy (dollar index) analysis, the dollar is looking strong for next week so UJ is long for me. We plotted the red arrow on the chart to show you what we predict will happen and make it easier to see. This pair will have a slight push up to the pink shaded box (weekly resistance) before respecting the lower trade line...

The_Currency_Guy

GC (GBPCHF) short As you can see on this pair we have a descending trend line which price action has respected since April so my bias is short on this pair, I’m expecting this pair to push up to our trend line and respect it again before going short, my alert is set for 1.26870 which is just before the test of the trend line. My T/P is the last previous low at...

The_Currency_Guy

GU (GBPUSD) short Again similar set up to GJ we’ve seen this pair create a double top and for fill’d this perfectly as you can see the 2 pink triangles, we’ve also seen this pair retest the neckline ready for the short, my alert is set for 1.37315 ill be taking the trade around this zone and T/P is at the last lowest low which would be 181 pips

The_Currency_Guy

GN (GBP/NZD) longs & shorts As you can see from the analysis plotted out on this pair we are expecting the GBP to gain strength momentarily and push up to form the right shoulder as plotted on chart soon, once this has been formed we will be looking for confluence’s for entry’s for shorts down to the neck line.

The_Currency_Guy

GC (GBP/CAD) longs As per analysis this pair reached the top of our ascending channel and pushed up and threw also pushed threw the descending trendline which has made a triple zone (highlighted). Our bias is from here this pair will respect this triple zone area and push up to 1.74458 area before retracing to make a double zone before going long again. Another...

The_Currency_Guy

AU (AUD/USD) Shorts As you can see from the DXY analysis the dollar is looking strong so we would expect this pair to go short, we expect the pair to break the ascending trend line and retest this zone as per diagrams the retest zone is we’re we will be looking at taking shorts to around 0.73222 area

The_Currency_Guy

DXY (DOLLAR INDEX) long As you can see we had a double bottom formed and fully respected this and pushed the dxy long towards our descending trend line, it broke the trend line on the 13th of this month and retested it using the trend line as support, we expect the dxy will go long and form our ‘W’ pattern plotted on the chart.