dnsmith

dnsmith

Like most Yen pairs, UJ has hit a yearly high zone, levels not seens since 2016 Looking for sell opportunities here and looking for a retracement back to previous support levels. Looking at key SR levels and RSI for overbought on high time frames

dnsmith

Like most Yen pairs, AJ has hit a yearly high zone, I have placed a sell here and looking for a retracement back to previous support levels. Looking at key SR levels and RSI for overbought on high time frames

dnsmith

UJ has hit a multiyear high resistance level. Give then recent sharp push in price, to get hit this area and reversal patterns starting to form - we can expect UJ to start selling off. Price areas to note are the 111-112 mark with smaller time with a SR level. Long term target is arounfthe 104-106 Range.

dnsmith

EU has hit the support on the weekly, daily and 4 hour descending wedge. Be prepared for a long movement with plenty of opportunities to enter. Last 4 hour close candle supports the potential reversal.

dnsmith

NZDUSD has to be one of the most interesting pairs to watch currently. We can see a weekly support level horizontally (orange box) Also the Incline Monthly trend line Potentially a good area to long purely from a technical swing perspective.

dnsmith

USDCAD Has broken the 4 hour up channel and is currently retesting, turning supporting into resistance. If short, there is a opportunity to get in currently or upon breaking the previous low. This trade will be a long term trade, but holds great RR opportunities

dnsmith

Price has tested the top of the channel on this pair and a near double top on the lower time frame, TP zones will be: Previous support/resistance area short term Bottom of the Channel

dnsmith

Multiple confirmations for a swing trade sell here, Previous horizontal and diagonal support areas. Price is overbought on the RSI Great selling opportunity on this pair.

dnsmith

11 Consecutive down days for price to move from daily resistance to daily support within a descending channel. Opportunity here to take the price from .68 to .70 area. Wait for confirmation but this is a great swing trade opportunity.

dnsmith

AUDCHF is at the monthly support area and is looking to make a large move to around the .70 area. .70 represents the weekly resistance zone for this pair.

dnsmith

Gold is extremely bullish, but has had multiple attempts to break through the 1350 zone without any luck. Just a possibility - we may see gold pullback before a bigger bullish move. One scenario was the short term support breakout (back to 1400 and then retest at the 1440 zone). TP1 - 1400 zone (short term support zone) TP2 - 1340-1360 (Previous...

dnsmith

We can see price has been in a down trend for a long time and has respected the key resistance line. Upon price touching and then moving downwards, I am looking for a sell entry on the AUDUSD. Watching this market for now, happy trading.

dnsmith

Gold is very parabolic currently where the upwards momentum has nearly become vertical. Bitcoin has been a great example of where the momentum upwards was followed by the same momentum downwards. This is just an idea for journaling and testing purposes where we may see the 1310-1320 range again, before a very quick sharp move upwards towards previous SR...

dnsmith

EG has been trending downwards within a 4 hour channel for most of 2019. We can see on the chart here and parabolic movement from the bottom to the top of the channel and momentum is slowing. This is a long term swing trade - but the RR is huge. Happy Trading

dnsmith

UCAD has been performing beautifully between the 1.33 and 1.34 range. We can expect a continuation of this trade with an intraday day move back down the 1.33 zone.

dnsmith

AUD is going to be one to watch this week. Whilst the past week has shown strength in the AUD, the end of the week has shown and interesting pattern - getting ready for 2 scenarios. Because of the weak volume at the end of the week, the data is too choppy to make a definitive call either way. 1: Short - .706 - Price broke the 60min channel last in the week with...

dnsmith

USDCHF is going to be a fantastic short over the next week or so. Price has reach resistance in the 4 hour wedge and is overbought on the RSI. Great opportunity for a big move down.

dnsmith

GU has tested the 1.30 area multiple times on the 4 hour chart over the past few weeks. From here we are expecting a move up to the 1.33 zone, especially once the 1 hour resistance downtrend is broken.