inefficient price movement down to be filled in and target is the clean highs at 1.3220s. confluent with a weaker dollar and comparative strength on eurgbp which is set to go lower
a SWING FAILURE PATTERN on the monthly. looking up too
Monthly chart suggests expansion upwards on euraud. It has had a nice reaction off of support highlighted. With indices selling off and taking market correlations into account. aud will be weaker in comparison to many currencies
audnzd. 1.0750 looks like a valid target to target those buy stops above
Daily view of audnzd, stops have been taken below the previous low to induce liquidity for a rip up
This pair looks likely to rip up. nice retracement from the first up leg. now looking higher as shown
The US Dollar Index has been in a consolidation ever since its rampant (AND VERY THIN) price movement up to the 100 level. Basic technical analysis suggest that thin trading voids usually get filled before a continuation in trend. This simple fib play shows a simple fib play from the Sweet Spot Zone (62-79 fib zone) to the 1.27 fib extension. This will signal a...
The technicals of the daily Eur/Usd chart hint at a larger price move upwards towards the 1.19500-1.20000 level. the reasoning behind this is the accumulation of long orders which resulted in a spike to 1.17000. This has neutralised buy stops which were residing between 1.15000-1.17000 and gives way to a rise in Eur/Usd to fill the thin downward price movement on...
reaction off of a bearish order block. next order block located around 94.30
the 1.1450 level has been tested and held strong. 1.1200 has now become the short term resistance level which price could not close above. price could trade back down to the lows of 1.0900 where previous support is found. if this level doesnt hold then the next taret will be 1.0700
gbpusd weekly see chart for info. i see a beairsh dollar scenario in the short term with confluences around the 1.6000 handle