Looks like $NZDUSD is getting ready to blow the stops
Amazing long opportunity on $EURAUD. ($EURUSD / AUDUSD)
Amazing long opportunity on $EURAUD. ($EURUSD / AUDUSD)
Looks like the time has come for the gold ($XAUUSD) to shine again. A breakout from this consolidation channel may trigger the second leg. Buying at 1445 with stops under 1440 is a low risk trade. Initial target will be the channel resistance at 1480. A breakout of this channel will be an opportunity to add to longs.
A bullish 4 hour bar close may trigger an upside breakout. Our upside target is 135.00 SL Under 129.20
$EURGBP Head&Shoulders Setup I have published on Friday.... Price back then was over 0.8500. We made 100 pips from that trade. Now we are looking for the validation of this formation. Support at 0.8380 We will have pending order at 0.8370 targetting 0.8270. We will have reentry again at retracement for long term short
As we have said in our previous analysis every upward moved above 1.3100 was an opportunity to add our shorts. Now after retracing almost %50, $EURUSD has formed a tweezer top. Finally on Friday we have got our confimation by a very bearish daily bar. Now the most important support is at 1.3020. I strongly believe that it will not be able to hold. We will be...
$GBPUSD has broken the wedge support a while ago. After breaking the support (Shown on chart as breakout #1) it has plunged all the way down to 1.48. If you check out my previous charts I was expecting 1.44 straight. But instead it reversed and went beck into 1.51 - 1.53 range. I am still bearish cause I believe that this was only the test of breakout #2. As long...
Again we are at a critical level. 82.00 level has been tested numerous times. Interestingly RSI 35 level has also acted as support at the same time. Now CCI is also pointing up. All these suggest that DXY most probably will reverse and test 82.50 one more time. In case it breaks EURUSD will again be testing 1.2880. 84.00 has been long waited target for index. I...
Look how beautiful USDCAD concides with RSI levels.. Guess we are going down one more time :)
Who doesn't love that song? "This is the end.. My only friend..." Every good thing comes to an end... This is almost over for $AUDUSD
Low risk, high reward trade... weak AUD and EUR getting stronger.. What more can we look for? Join fxsignals.dailymarkets.info for signals...
Low risk, high reward trade... weak AUD and EUR getting stronger.. What more can we look for? Join fxsignals.dailymarkets.info for signals...
$EURUSD Has broken the descending trendline. Retested and went back up as expected. It is not overbought at all. It has some space to go. 1.3500 (%50 retracement) is attracting. We'll see after that. Most likely we'll be around 1.38-1.40 by the end of January. But confirmation is what I need. Till then we still have good 140 pips to go... "Join...
$GBPUSD Has been trading in 200 pips range for weeks. Breaking out of these levels gives us the measured range of 200 pips. We will be making new highs or new lows at these levels. The highest level before that was on mid August (~1.6570) and the lowest level before that was at the end of May (~1.5260). RSI Currently is pointing down. The parity is also sitting...
$EURJPY Long way from 106... But now its time to go south... At least till the trendline... I'm expecitng more but we have to wait for confirmation. When the trendline breaks we will add to short... Join fxsignals.dailymarkets.info for signals
23 Days ago we have posted a chart telling that it was time to short $NZDUSD. () In 10 days it dropped 300 pips as we have expected and retraced back to %76.4 level. It has closed exactly at %50 level on friday with 3 bullish candles on 4H chart. We are expecting this momentum to help the parity to reach 0.8350 level. Stops will be 15 pips over 0.8400 at 0.8415....