Price is still in a bullish run and has bounced off the 50%, but has made several attempts at 1.95 and failing. Expecting a bearish run on this pair. targets at 1.89, 1.82
i was waiting for a liquidity run and rejection off the highs but price has stalled and makes me think the liquidity run was possibly the trend line. Should that be the case we can look for some sell opportunities. 1st targets would be the 170 area a low position on this as it could just straight blast through the the upside
GBPJPY is setting up a significant sell potential. The idea is the 1.96 multi year high to remain intact and price to start descending. The sell price range is between 1.87-1.91500, and currently price is at 1.88500, Potential targets are 1.72 1.48
audnzd cross pair is at a place for a sell, I'm not expecting it to reach much higher. target is far fetched, but exit points at 1.08500 1.07500 (ideal) 1.06
With the potential JPY policy change, and the yearly range the high level there's a possibility of JPY strength. Initital targets would be the 1.55 but eventual goal would be sub 1.40.
EurNzd appears to be setting up a long term opportunity.Ideally want to see a pullup around the 1.77500 - 1.80500 targets 172800 170000 1.68-1.65000 1.55000 1.50000
bad news coming out from cad which doesn't favour this trade but the setup has a high rr potential. unless price opens up with a gap under last week low it is valid. target area is 65.480 66.00 67.700
having eneterd a liquidity pool gold has been pullling back. I expect this slide to continue towards 2 levels of support at 1950 and 1900. failure to break upwards from here i would'nt be surprised to see it crash under1800 with the eventual goal below 1600 Supp 1 1950 Supp 2 1900 target 1 1800 target 2 1600
the setup is for a buying opp for oil. Price is at a weekly area for a potential bounce. what im looking for is a potential small bullish day on monday/tuesday. Failure to hold this low wait for price to breach the 77 level. Upside target would be 82. 84. 86. and finally 90 mark.
trade idea as long as price doesn't breach the 30th august high, there is a sell potential, a bearish weekly close would possibly confirm this, targets are 1.49, then 1.35
Since hitting resistance at 1.86 GJ has been making a series of Daily LH's and I expect this to continue, sell area between 184, and 185, short term target 1.75 - 1.73
chf has been strongest currency however I'm expecting a pullback towards the 1.54 area. Price has travelled 2500pips from the current year low which is usually the yearly price range
I am expecting a rejection from this level for a short term sell sell area 179280 - 179680 tp1 178.650 178.300
nzdchf is still bearish but approaching a buying level and could see a push up towards 0.54 and beyond
I think gbpaud will continue pushing down, targets 1.88-186 final 180-178 ideal entry point at 193500-195500 w stop above the daily swing high at 1.98800
eurcad is making the right stop points for a bearish continuation, the high put in this month could be the high for a bearish leg to 1.40 area. targets 146.300 prev year high 1.45800 1.45000 year open 1.43500 1.40000 the catalyst could be the us cpi so watch price action around then
looking for price to reverse from the 5500 54800 area for a good RR