Theofficialcutty

Theofficialcutty

If you looked at my previous post, GU went nose diving last night exactly where i predicted. I hope you hit your TPs! As we see, the downturn is officially over and it’s deciding what’s next. Could it just be the retrace or is this bullish run ready to start? We wait today and find out! Let me know what your looking for today.

Theofficialcutty

I have been loving the steady direction of GU, especially after NFP week where a lot of my trades went left. It’s a new week and a new solid direction at least for now. I got GU going down until I see differently.

Theofficialcutty

It’s been a very bearish week for GU but meetings with Powell and others news in the US has buyers worried. So you can start charting up for a bearish run. The retest is over. Happy trading! Entry - 1.25980 First TP - 1.25781 Second TP - 1.25607

Theofficialcutty

Well the US has had some good news for the last day with all of their news coming out good, even the meeting it gave the dollar some bullish upside; so I’m predicting at least until something else comes in this is headed down. I’ll be scaling on the way down. Entry - 1.25588 TP- 1.25225

Theofficialcutty

Well we had a nice momentum boost and then GU got all bad news and we can see this pair is about to start turning itself back around. This does open up the door for sell opportunities within the next couple of hours. So we can see a bearish market so far, unless something changes it. I feel like around the 12450 we will know for sure it’s in a downtrend but it’s...

Theofficialcutty

It’s a new week and we got new technicals for you today. We have charted up GU and it’s looking very beautiful as it looks to be starting a new bullish direction. Today will be the ultimate test as it is in that zone where it starts to make its decision. It’s been pretty bullish so until GU gets some bad news by tomorrow I expect this to start rising up.

Theofficialcutty

Okay so we have survived the NFP week and we are back, now the direction seems the be clear as we can see it broke our daily resistance and the blue trend line is a daily trend line and the red one is a 4hr trend line so we can see it’s in a downtrend but we must prepare for a retrace before it keeps going down so this Sunday and Monday I’ll be looking for small...

Theofficialcutty

Well it’s been a slow week in forex until today. We finally got some action and some big news from the market today. GU has been in consolidation all week which isn’t good but finally we got the news about the US raising interest rates to fix inflation and we are starting to see some movement. With then raising rates that will make the dollar more bearish and give...

Theofficialcutty

UJ has been in a buy for quite some time. The support and resistance lines are from the daily and the trend line is from the 4hr chart. As we can see it just broke the resistance line and closed above it. A good sign that this will keep going up. Let’s see how it does this week.

Theofficialcutty

I told you guys eariler in the week that GU was retesting and now it seems that the retest is over. It’s going to start making its trend and we can expect it to start dropping. The support and resistance lines are the daily and the trend line came from the 4 hour chart, so we see it just broke the trend line but it could be a false breakout. Let’s see how this week goes!

Theofficialcutty

GU was in consolidation for some time while we awaited to see which direction it was going. But we see last week it gave us an answer and now we are sure it’s going to keep on going down. We shall wait to see if this is a small retest right here but later in the week putting in a sell. Potential entry - 1.27973 TP - 1.27093 SL - 1.30768

Theofficialcutty

UJ has had a good week going up all week last week, so it looks like it’s in a retest for right now. So it may finish and then continue its way back up. Potential entry - 130.00 TP - 131.600 SL - 129.063

Theofficialcutty

We are back with UJ after a crazy week in the market, now we see that right now we are in a box of consolidation and we are waiting for an actual direction to trade. We see it’s been in a downtrend for a while but things do look to be slowing down and the buyers are making their presence. So for right now we should wait and see exactly where this will go. What...

Theofficialcutty

UJ has been on a bearish run for the last coming week's and it looks like this week could be no different. Last week UJ kept its bearish run going while some buyers did try to step in but it seems like the bears came to play and eventually took control again. This week I will be eyeing Sell entries as we scale this down to the bottom. We shall wait for the perfect...

Theofficialcutty

We are back in a new week of GU. Last week was a crazy week for forex trading but we are back with a new week and new predictions. So We see that GU's retrace may finally be over as the last bullish trend seems to be done and over with. Now the question is when will the bears fully start to take control? I wouldn't put a sell entry in until under 1.35122 and even...

Theofficialcutty

It looks like GU has broken its old trend of going down. The real question with this is "Is it starting a new trend?" or "Is it just a retrace?" so this week will give us the answer as to its currently coming close to the last Higher High (1.38293) so if it closes above that horizontal ray above then it looks like it will go up to the daily resistance (1.39899)...

Theofficialcutty

We can see the uptrend from the previous has now been broken. The US dollar did have hard news last week while Japan had some great news on their end. The buyers will come in on Sunday and see if they can get ahead again but it looks like its in a retrace and the bears should start to take charge. If this is in a bearish direction. The first TP would be 113.110 as...

Theofficialcutty

Last night we made the analysis that GU would keep going down. Last night during the London session, It seems that things turned around on us. It seems that the unemployment rate came in lower than expected which put some push back into the US Dollar. So this morning the Bulls took control, but the real question is is this a turnaround or just a retrace? Comment...