Nice and clear bullish order flow clear on this pair, higher time frame, looking for opportunities to long this week
Expecting this pair to continue its long term downtrend on recent US Dollar strength towards 1.14 if we see a clear break down below the 1.20 level.
Expect this to go up with the FOMC meeting, watching for confirmations at the marked zones
Expect this to go down with the FOMC meeting, watching for confirmations at the marked zones
Am expecting this pair to show further weakness coming into this week as it comes back towards 1.14 - a psychological level that the currency is really finding it difficult to get above. Would wait for confirmations of bearish order flow on a lower timeframe at this level before looking to enter short to clear the bottom of the range at 1.10602.
I expect this pair to retrace back up to the 1.02500 area to mitigate orders before a re-distribution of price in the highlighted area. Short opportunities from around this level to 1.19332 as first target at liquidity, continuing the bearish trend.
I expect this pair to retrace back up to the 1.07000 area to mitigate orders before a re-distribution of price in the highlighted area. Short opportunities from around this level to 1.03491 as first target at liquidity, continuing the long term bearish trend.
Looking to enter a long term buy position on GJ this week in continuing bullish trend on higher timeframes. First target 168.419
I am expecting Bitcoin to continue to head towards lower prices and target lower levels of liquidity below $37,000 this week given the current global economic climate. However I do expect a buy as a retrace from the lower demand zone, up to a supply order block before this trend continues.
I am expecting USDJPY to continue its long term bullish trend towards 121.253 and beyond. USD strength is still extremely high and investors continue to sell riskier assets and currencies. I do expect a price pullback at market open to one of the demand zones that I have marked on before this moves.
I am expecting EURUSD to maintain its long term bearish trend downwards from the start of this week and achieve new lower prices below 1.04709. Dollar strength is clear and has stayed consistent, whilst the markets show a reluctance to hold riskier EU assets. We have an unmitigated order block/supply zone around the 1.06500 area that I expect to be met, before a...
Would like to see a pullback on this pair before the continuation higher to 93-95 and beyond long term *Fairly bullish RSI of 60.82 at close but lost momentum *Bullish but inverted hammer with large wick on daily time frame close *Pound is likely to get hammered as it looks like there will be a hard deal brexit
Would like to see a retracement to areas of 74.00-73500 on the high RSI, before the continuation higher. *Strong inverted hammer candle after taking out liquidity on daily tf *Oversold on the RSI at 74.20 *Capital imbalance between wick points 75.195 and 74.848 (short term sell opportunity!) *General weakness in the US Dollar; investors generally taking on...
I am expecting USDJPY to buy from 105.350 level and head toward 106.500-107.00 which is the key area to watch. Break and hold above 107 could open up further potential for a trend change where 108.00 will be targeted. If 106.500 fails, I would expect some consolidation depending on the dollar.
I am expecting EURUSD to fall lower on break and re-test at 1.1600. If successful the pair should target 1.1400 as major support level over the next two weeks.
I am expecting price to continue uptrend towards price 0.93642 on dollar strength before retest and continuation of move even higher. Potential re-test early week at 0.92050 support.
I am expecting USDZAR to break out of its descending wedge formation as a bullish flag and is also oversold on the RSI . US Dollar Index also has an inverse head and shoulders patterns indicating further dollar strength this coming week. Watch the price action at 17.27500 London open TP1: 17.500 TP2: 17.72 TP3: 19.95