It is in the resistance and could possible offers a LRE trade. However, we could see price slightly break through the resistance and I would not short it yet. I would only do a short trade if i see price ends below into the trench with a engulf or pinbar, or if price breaks down and retrace back then I would short it.
Today candle close could see a possible slide down to the next support zone at 1.72 Price is at the resistance and it seems to be closing as a bear candle. Should the candle close as a engulf candle, it provides a good LRE trade.
Price is at the resistance level. Bullish-ness might resume, however I am looking at a short retrace from the resistance Next support - 1.26
price is approaching the support zone at 80 level. Volume has been diminishing as it move lower to the support zone A nice rejecting candle would be good to take the opposite trade (Long)
I am pretty bullish on this. With NZD being strong for the past few days, I am expecting this to continue its upwards movement. So long as 0.69 level holds, bull attacking will be pretty strong.
Super bullishness with gbp strengthening across the board. Now I am only looking to long at the support around 1.69 with the strong upmove.
GJ sell down could be reaching its support zone. There is a support zone at 136 zone which might stall the price and cause some upmove. should 136 is broken, the next level would be 133 or even lower till 131.5
We have already closed our short position for 300+ pips and price form a nice pinbar. The way we look at support and resistance is not your usual textbook method and is working great. What's the next plan ? is to short at the high again about 1.53 zone
This pair is definitely very bearish. 1.51 should be easily hit.. If it clears 1.51, we could see it sink even lower.
USGD price is approaching the resistance level.. I am seeing bearish-ness in this pair and would expect it to drop further. 1.41 would be the key resistance and a decision to move upwards or continue its downwards move.
Cad is strengthening... This pair has just broken its resistance and I am seeing my downside to the bottom support zone. It is understood that once a support has been broken, it will turn into a resistance. Looking to take a short trade should price revisit 1.005 for a Low risk entry short.
Another potential big move might happen not so soon.. But i already have my order place there. only bullish sentiment there.
A potential 320 pips move This will be the next big move i suppose from scanning across all the charts. Eur will strengthen against Usd... so will usd be the weakest across the board or Eur strongest... It requires more analysis to be sure.
I am looking at SHORT ONLY now that the key support has been broken. Should the candle continue to close this way, we shall only short this pair. Retrace back to 111 will be a good short.
Price is inching towards the key support. On the tuesday we have aud meetings minutes, that could be the trigger for the upmove. Possible target, 1.645
Bullish mode on. More bulls will attack in the next few days now that resistance has been broken. Will look for long upon any retrace back to yellow zone
Bullish mode coming in. Price reaching support. 0.75 will be a good support
Bearish mode on. It could go slightly higher before it sinks down. Key resistance zone - 1.455