The GBP.USD is one pair on this evening's pending order list. I will run through the technical analysis on the 4hr and 1hr TF post London open.
On the GBP.CHF 1hr chart we have a potential short opportunity at the D leg completion of bearish Cypher setup. The price reversal zone on this pair is between 1.2375 & 1.2405 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Potential targets for the Cypher setup placed at the .382% and .618% retracement...
My basic daily chart analysis of AUD.USD into this evening. I will be updating this pair on the Monthly, Weekly, 4hr and 1hr TF. Have a great week :-)
The GBP.JPY is one pair on my watchlist into Monday / Tuesday. There is a potential long opportunity on the breakout of a pennant formation looking to retest the 144.500 level. Alternatively we can look short on the breakout looking for a retest of the 138.000 level. Price respecting the Daily EMA, 141.00 psychological level and the Daily pennant formation. I...
On the USD.CHF 1hr chart we have 2 potential trade opportunity's at the D leg completion of bullish Bat & Bullish Cypher setup. Bullish Cypher Setup ( Grey ) - D leg completion 1.0043 Target 1 - 1.0092 Target 2 - 1.0122 Bullish Bat Setup ( Blue ) - D leg completion 1.0082 Target 1 - 1.0116 Target 2 - 1.0137
The EUR.GBP is one pair on my watchlist. As yet I am unsure if we will be looking long on the bounce and breakout of .8370 or a break and retest of support / neckline. I will be updating this post on the 1hr and 4hr TF if we can an entry.
My basic daily chart analysis of EUR.GBP into next week. I will be updating this pair through the week on the 4hr and 1hr TF.
On the EUR.JPY 4hr chart we have a potential short opportunity at the D leg completion of bearish Cypher setup. The price reversal zone on this pair is between 122.238 & 123.322 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Potential targets for the Cypher setup placed at the .382% and .618%...
On the GBP.USD Daily chart we have a potential long opportunity's at the D leg completion of bullish Bat setup. The price reversal zone on this pair is between 1.2062 & 1.1986 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Potential targets for the Bat setup placed at the .382% and .618% retracement of...
On the GBP.JPY 1hr chart we have a potential long opportunity's at the D leg completion of bullish Bat setup. The price reversal zone on this pair is between 139.081 & 138.844 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Potential targets for the Bat setup placed at the .382% and .618% retracement of...
My basic daily & 4hr chart analysis of EUR.NZD into this evening. I will be updating this pair through the week on the 4hr and 1hr TF.
On the EUR.CHF 1hr chart we have a potential long opportunity's at the D leg completion of bullish Cypher setup. The price reversal zone on this pair is between 1.0656 & 1.0632 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Potential targets for the Cypher setup placed at the .382% and .618%...
On the EUR.CAD Daily chart we have a potential short opportunity at the D leg completion of bearish Cypher setup. The price reversal zone on this pair is between 1.4220 & 1.4308 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Potential targets for the Cypher setup placed at the .382% and .618%...
The NZD.CAD is one pair on this evening's pending order list. I will run through the technical analysis on the 4hr and 1hr TF post London open. Have a great week.
On the GBP.JPY 1hr chart we have a potential short opportunity at the D leg completion of bearish Bat setup. The price reversal zone on this pair is between 141.362 & 142.040 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Potential targets for the Bat setup placed at the .382% and .618% retracement of...
On the GBP.AUD 4hr chart we 2 potential trade opportunity's at the D leg completion of Bearish Cypher setups. Bearish Cypher Setup ( Blue ) - D leg completion 1.6583 Target 1 - 1.6357 Target 2 - 1.6216 Bearish Cypher Setup ( White ) - D leg completion 1.6378 Target 1 - 1.6231 Target 2 - 1.6140 Bearish Cypher Setup: Stop loss would be placed above X leg...
The NZD.JPY is one pair on today's pending order list. I will run through the basic technical analysis post London market open.
The EUR.USD is one pair on my watchlist into Monday / Tuesday. Although i posted a H&S formation on Wednesday, price has now failed to accelerate away from the 1.0550 level after forming a low test candle. Due to the this weak bounce of a strong support level, i will be looking to take this pair short into early next week.