KaisMarket

KaisMarket

We can see gold down trend line perfectly ok still. selling pressure will occur on Monday forcing us down to test 2352/2354 (.50) fib. Failing to hold here look for a push to test the 2330's level

KaisMarket Updated 

Looking for USDJPY to make a strong stand here on 151.944. Strong chance we will see UJ turn previous resistance of this level into support. on the 1D TF we also see the 50MA on this level and causing a bounce and some support. Monday looking to buy and see price drive up to 153 minimum but 155.9 is expected. Nice buy opportunity if you get in

KaisMarket Updated 

Looking for GJ to catch a nice up move push here in the London market. We saw a massive intervention from BOJ driving price down to current levels where it seems to have got a foothold on some form of support. 1D 50MA seems to be acting as support and in previous occasions buying when it rejects this zone has proven nice. Looking for at least a retrace so we...

KaisMarket

X2 sell postions on UK100 both targets and SL visible. BOS has occurred in a breakdown of the trend line and smaller TF double top allowed for a safer based entry

KaisMarket

when i say reversal we must be carefully as its still not confirmed yet. I believe the play here could be another 300/500 pip rise before we see the struggling GBP top out. In the past we are above the average price range of this pair by some amount. Looking like a H+S pattern forming. The right shoulder looks to be creating a bear flag but a break and important...

KaisMarket

Small long here, I'm all for gold correcting but so far bulls have responded positively to support @ 1953 level & have printed an inverse H+S however this is a small term outlook on the 30M. I think bulls will at least target the high set on Friday last week and possible for this 2K push if the pattern plays out

KaisMarket

Gold looks to have reached a major resistance area @ 1880 / 1887. Up here we see a reversal pattern h+s playing out. the hourly 50MA has been broking through

KaisMarket

EURUSD is on the verge of a breakout to the upside. Looking like we have price in the bottom with the correlation to the DXY also. looking for this reversal pattern to play out buying any dips using the 50MA on the 4HR as my price pushing support

KaisMarket

GBPUSD more upmove incoming with the dollar looking to drop to 104.XXX levels, this would cause a massive up push in GU which the market has looked to have set the bottom with this inverse H+S. break of the neckline would allow 160 pip push up. Struggling for entries you can use the 4HR MA as rising support to push price up and buy dips on this.

KaisMarket

Looking @ AUDJPY i have a bullish outlook based on a 1HR setup. Price broke previous resistance and can see on my chart has tested it positively. Using fib targets for my TP currently unless current uptrend is broken

KaisMarket

Perspective has changed since we broke out the 1 HR down channel and i had been following this larger time frame pattern. Dollar pairs are setting reversal patterns which makes this chcart more fitting. Target 1873

KaisMarket

USDJPY reversal pattern time for the dollar to correct and ease i guess. 100 pip chance to establish some support

KaisMarket

GBPAUD in a down channel ever since the head and shoulders reversal pattern. partial down trend on the hourly has been broken and opens the door to test the main trend. i am looking for entries a bit higher to test support as highlighted

KaisMarket

Looking at gold we had this lovely bear flag pattern play out. Price has since formed this down channel where we have seen 1842 act as resistance and 1820 our support. I am looking for another test of 1820 and price is near the channel so this gives us a good Risk/Reward ratio trade here

KaisMarket

Finally JPY pairs breaking the range. nice break + re-test and an impulsive move up. 180 to 360 pips up for grabs here using fib targets now we have seen resistance being tested for support

KaisMarket

As clear as a nice sunny day in California. EURAUD ready to tank from this Head + Shoulders pattern and touch nice fib targets where we can see nice buyers shown previously looking at the highlighted candle.

KaisMarket

EURCAD is currently in this sideways support and resistance very basic. range is very nice though with 410 pips up for grabs if we get a nice rejection here to push back up from the first test of support since it was created but i am wary of a fake breakout here so be careful. Failing the range hold price could easily fall to the up trend

KaisMarket

EURGBP has been having violent spikes up recently. Price has so far fall back down to this continuing up trend on the 4HR TF. my preference is to buy here as the market is hinting on the 1 HR TF a potential bull flag to help push up from this trend touch. I would wait for a rejection here and a break and re-test of the black trend line for the 1 Hour TF