USD/JPY May fall 50-100 pips Insight - Price has broken out of the ascending channel and has hit resistance at 111.53. Price is likely to continue downwards to hit support at 110.11 or lower. Intraday - 4H Trade: Sell Entry 110.60 Sell or Below: 111.63 Target TP: 110.11 & 109.17 Pivot and Support 110.11 Alternative scenario: Trade: Buy Buy or Above...
EUR/USD May fall 70-100 pips Insight - Price has dropped further at a rapid rate and formed a new downwards trend line with support at 1.0620 and resistance at 1.0804 the downwards trend is steep and price is likely to go down further. Intraday - 4H Trade: Sell Sell or Below: 1.0620 Target TP: 1.0555 & 1.0482 Pivot and Support 1.0620 Alternative...
GBP/USD May fall 100+ pips Insight - Support has held at 1.1434 causing price to reverse upwards and push the downwards trend line out further. Due to recent fundamental events, this could see GBP drop further Intraday - 4H Trade: Sell Sell or Below 1.1434 Target TP: 1.1296 & 1.1133 Alternative scenario: Trade: Buy Buy or Above: 1.1434 Target TP: 1.1808 ...
USD/JPY May fall 50-100 pips Insight - Price is moving in an ascending channel and has hit resistance at 111.53. Price is likely to continue downwards to hit support at 109.90 or lower. Intraday - 4H Trade: Sell Sell or Below: 111.53 Target TP: 110.91 & 109.90 Pivot and Support 111.53 Alternative scenario: Trade: Buy Buy or Above 111.53 Target TP: 112.27 & 113.1
USD/JPY May rise 100+ pips Insight - Price is moving in an upwards trend within a channel and has slightly broken out of the within an ascending channel and testing strong resistance at 110.95 so price is likely to rise. Intraday - 4H Trade: Buy Buy or Above 119.95 Target TP: 112.19 & 113.13 Alternative scenario: Trade: Sell Sell or Below: 119.95 Target...
GBP/USD May fall 100+ pips Insight - Price hit resistance at 1.1808 and reversed back to support at 1.1434. The downwards trend line has not been broken so price is likely to continue downwards. Intraday - 4H Trade: Sell Sell or Below 1.1434 Target TP: 1.1296 & 1.1133 Alternative scenario: Trade: Buy Buy or Above: 1.1434 Target TP: 1.1808 & 1.2031 Pivot...
EUR/USD May fall 80-100 pips Insight - Price has dropped further at a rapid rate and formed a new downwards trend line with support at 1.0651 and resistance at 1.0827 Intraday - 4H Trade: Sell Sell or Below: 1.0651 Target TP: 1.0565 & 1.0487 Pivot and Support 1.0651 Alternative scenario: Trade: Buy Buy or Above 1.0651 Target TP: 1.0827 & 1.0936
GBP/USD May fall 100+ pips Insight - Due to fundamental events, price has hit an extreme low, breaking the support of the monthly descending channel. Support now at 1.1434 and resistance at 1.1808 Intraday - 4H Trade: Sell Sell or Below 1.1434 Target TP: 1.1296 & 1.1133 Alternative scenario: Trade: Buy Buy or Above: 1.1434 Target TP: 1.1808 &...
Gold Insight - Price has broken downwards trend line and showing signs of further upside with resistance at 1552.66 and support at 1527.24 Price could be heading to the upside towards the golden zone where price will reverse downwards. Intraday : Buy Intraday - 4H Trade: Buy Buy or Above 1527.24 Target TP: 1552.66 & 1577.52 Alternative scenario: Trade:...
GBP/USD May fall 100+ pips Insight - Price is maintaining the downwards trend line. Resistance at 1.2237, support at 1.1996 has broken the monthly upwards trend line and is now approaching the downward trend line that supports the monthly descending channel, which could indicate further downside. Intraday - 4H Trade: Sell Sell or Below 1.1996 Target TP:...
GBP/USD May fall 90 -150 pips Insight - Price is still following the downwards trend line with support now at 1.2202 and resistance at 1.2395. A double top appears to be forming at support, following the downwards trend line on the 15m timeframe, which could indicate further downside. Intraday - Short Trade: Buy Buy or Above: 1.2202 Target TP: 1.2395 &...
GBP/USD May rise 70-100 pips Insight - Price still moving in a downwards trend and has broken previous support level with price now below the 23% as per new fib levels. Price may bounce off the weekly upwards trendline at support 1.2261. If resistance at 1.2439 is broken, price could go long unless fundamental events push price downwards. Intraday - Sell Trade:...
Gold Insight - Weekly trend moving in an upwards channel and a downtrend inside the channel. Support 1562.37 - 0% on the fib so price should go upwards unless pushed down by fundamental events. Price is likely to go long break resistance at 1584.27 Intraday : Buy Trade: Buy Buy or above 1562.37 Target TP: 1584.27 & 1597.81 Pivot and support: 1562.37 Trade:...
GBP/USD May rise 100-150 pips Insight - Price still moving in a downwards trend and has broken previous support level with price now below the 23% as per new fib levels. Price may bounce off the weekly upwards trend line at support 1.2474. If resistance at 1.2645 is broken rice could go long unless fundamental events push price downwards. Intraday - Buy Trade:...
Gold Insight - Overall trend moving in an upwards channel and a downtrend inside the channel. Support 1632.30 - 50% on the fib. Price is likely to go long break resistance at 1648.98 - 61% on the fib and follow the overall trend of the upwards channel. Intraday : Buy Trade: Buy Buy or above 1632.30 Target TP: 1648.98 & 1669.62 Pivot and support:...
GBP/USD May rise 100-150 pips Insight -Price moving in a downwards trend, has broken previous support level with price now below the 23% on the fib, may hit lower support at 1.2763, then test resistance at 1.2847 and go long then reverse once price is at the golden zone. Intraday - Buy Trade: Buy Buy or Above: 1.2763 Target TP: 1.2847 & 1.2915 Pivot and...