danresdidualfx

danresdidualfx Updated 

We can see some form of support around this region, we are still relative upswing for eur/usd. simple.

danresdidualfx

Gold price retraced, however a new leg with more momentum could occur. Price could easily tap $1830 which is in confluence with the -27.8% retracement fib and the downward trendline.

danresdidualfx

price has tapped a confluence region, we have found areas of support around the psych boundaries. risk/reward ratio 1:1.5

danresdidualfx Updated 

quite simple analysis, we see price reject a trendline with doji candlestick rejections around confluence regions. Price could trail lower towards the targeted region. also, fundamental activity adds extra validity to our bias. risk/reward is great for this intraday trade.

danresdidualfx

price has shown some candlestick rejections at the 78.6%retracement region, we could perceive this as a completion of a new lower high. Some heavy momentum to the downside could occur. risk/reward ratio 1:1.3

danresdidualfx Updated 

Price seems to have respected our 78.6% trendline with bearish exhaustion around the line, we could pick momentum toward targeted regions of 1.9042 and perhaps even higher. risk/reward ratio 1:2

danresdidualfx Updated 

price has shown some signs of candlestick rejection around this zone of 78.6% fib region, with buying exhaustion. We could anticipate a downside reversal movement on this pair. risk/reward ratio 1:1.4

danresdidualfx Updated 

the Sterling has almost recovered and tapped towards these significant highs, which price had previously shown to be a reversal point. candlestick rejections around this price point could convey further validity towards downside pressures. risk/reward ratio 1:1.6

danresdidualfx

price rejected the long term downward trendline previously which was also in confluence with -27% retracement fib, we could now be seeing a lower high being formed to additional confluence to confirm a more aggressive leg towards the downside. risk/reward 1:1.7

danresdidualfx

The first setup to begin the week, we've seen a clear that of the third drive into the downwards trendline, with consisting candlestick rejections and reversal candles(doji) showing bias towards a more bearish move on this pair. 1st targets retest into daily support. risk/reward ratio 1:2.3

danresdidualfx Updated 

Signs of candlestick rejection around the psych region, with a doji reversal patterned formed on the 15min timeframe. Could see some exhaustion in euro strength, inevitably allowing for price to move to the downside.

danresdidualfx

Price has progressively rose into highs, where candlestick rejections may be fluent around this fib level, if a dojo reversal sign is shown, price could reverse and find new momentum into the lows in connection to overall trend on higher timeframes.

danresdidualfx

price is currently trading at equilibrium, could exhibit some candlestick rejections before a further reversal to the downside.

danresdidualfx

Confluence around the 1.2786 price region which price has respected and could showcase downside pressures. risk/reward ratio 1:1.6

danresdidualfx

price could consolidate around the third bounce of the downside trendline, before conceding bearish momentum to the downside. risk/reward ratio 1:1.8

danresdidualfx Updated 

Signs of candlestick rejections around the 78.6% fib retracement region at which price was consolidating at. Also, the central bank interest rates remarks could be a catalyst in usdcad price action. risk/reward ratio 1:1.4

danresdidualfx

price is respecting the upward trendline, could begin to see upward momentum

danresdidualfx Updated 

Major resistance around the 1.5745 area with previous signs of rejections around that price region exhibiting that, also 78.6% fib rejection adds further confluence to that bias. risk/reward ratio 1:2