lacasafxfamily

lacasafxfamily

The pair entered a bull run with USD weakening due to many reasons, the main being PPI weak data. GBP is expected to gain strength TP1 = 1.294 TP2 = 1.293

lacasafxfamily Updated 

It is very difficult to analyze the pair accurately now, but we see that this movement is logical after the closing of a negative engulfing 4-hour candle. We expect the selling momentum to continue until reaching strong retracement areas, Fibonacci 50 or 61.8, then moving upwards towards the main supply areas.

lacasafxfamily

we can see Harmonic pattern in play, following a clear breakout of key resistance yesterday and retest today. We are bullish on this pair and have entered Long. Swing long with Lacasa family!

lacasafxfamily Updated 

The dollar index gained a lot of strength on Friday pushing it all the way to 102.7 very close to the supply zone where we believe a correction will happen. It is also at fibo extension level 1.272 A healthy correction is needed to continue the uptrend.

lacasafxfamily Updated 

USDJPY went up as the dollar gained some strength on Friday. The pair could have bottomed and is ready for a new high, but first a correction is needed. Closing below the trendline cancels the analysis.

lacasafxfamily Updated 

AUDUSD went down as the dollar gained some strength on Friday. It is nearing a demand area where it should correct upward to fibo levels before continuing its downward journey.

lacasafxfamily

We are still in short from Friday on this pair, the reason for not exiting the trade so far is failed breakout of the downtrend, all attempts failed as we see. The sole purpose is to hit the stop loss of many traders. Every deal we enter has an exit point and an entry point in our records. The exit point is a close above a supply area or a candle close below a...

lacasafxfamily

We are still in short from Friday on this pair, the reason for not exiting the trade so far is failed breakout of the downtrend, all attempts failed as we see. The sole purpose is to hit the stop loss of many traders.  Every deal we enter has an exit point and an entry point in our records. The exit point is a close above a supply area or a candle close below a...

lacasafxfamily Updated 

AUD pairs skyrocketed Tuesday after the interest rate decision. AUDCAD pair broke a key resistance and is currently trading above it, closing above it 0.9106 (double bottom neckline) confirms the chart pattern and takes us to test the next supply area between 0.92102 and 0.92167.

lacasafxfamily Updated 

Outlook on GBPUSD: last week we managed to catch the drop of the pair two times exceeding 150 points. looking at the pair we se that it has not managed to break above the resistance line. Now we see a reversal pattern rebounding off a key supply zone. Our view is still bearish but we will wait further confirmation before entering any trade. If price closes...

lacasafxfamily

EURUSD is similar to GBPUSD, the retest to the breakout happened today. Our view is bearish on the pair and we have two key targets highlight on the chart. Have a great trading week family !

lacasafxfamily

We managed to catch the previous rise the the drop of the pair. Now that we look at the structure we see a clear break then retest of the trendline. We highlight in this analysis the two first support levels, that if broken will take us to the main demand at 1.23764. Further closing below the demand area, will take us to the final two targets. Have a great...

lacasafxfamily

This could be the movement for USDCHF pair, correction as of now before the next impulse.

lacasafxfamily

Similar to EURUSD we see a bearish movement to GBPUSD after breaking this shy trend break on Friday.

lacasafxfamily

EURUSD broke a key downtrend on Thursday just to reverse sharply Friday from fibo 161.8 level, implying that the extra push was a fake breakout and now price is to trade downward.

lacasafxfamily

Dollar index has been severely punished in the last week following the 'optimistic' inflation data, but it seems that this is over as we have seen on Friday. Despite negative news for DXY it did not go downward further and rebounded beautifully upward. We see a continuation at least to the upper side of the channel.

lacasafxfamily Updated 

Gold has broken a key trend and currently is trading below it. We notice forming a second downtrend , this trend will be key to determine whether it will breakout upward to form a new trend or continue trading below it and move down towards the targets and key demand zone.

lacasafxfamily

Sell opportunity on GBPCAD as uptrend has been broken and price is trading below it. Targets on screen.