charts247

charts247

Audusd is printing double confirmation below the Weekly Structure 0.7627, we have seen a bearish action from lower time frame. A slide below 0.7587 will open up the next structure 0.7517. Trade with Care.

charts247

This pair was discounted from the high of 1.3795 when price became too high for the Bulls. Current price suggest a good level to long the USDCAD. We will initiate a long position from 1.2887, if price manage to claim the immediate structural point of 1.2968 we should see further advancement in price towards 1.3457. Trade with care. Follow us on IG @charts247

charts247

We are going long the CADJPY above the 84.43, above here we expect price to break the 85.50 area before continuing higher. Overall long term target is 87.59. Stop is placed below 83.60 GLT and trade with care. For more info and trading ideas, follow @charts_247 on twitter

charts247 Updated 

The situation in the GBPUSD is Negative to Neutral just for the fact that price is still below 1.4514 on monday 06/06/2016. The area we are looking at on the pair is the structure 1.4514 and the low of 1.4332. Smaller timeframes have indicated that there might be a buying opportunity in the GBPUSD, in the upcoming sessions we have to keep our options open to react...

charts247

Japanese yen strength is draging usdjpy down again. This is a continuation of the ongoing trend in the pair. Similarly yesterday we saw GBPJPY paid nicely to the downside and we expect more lows. GLT and trade with care. Follow me on twitter for more updates @charts_247

charts247

The AUDUSD failed to stay above the key 0.7243 even after the news this morning. We expect downside pressure to intensify in the pair. More lows expected towards 0.7148.

charts247

The cable broke down the 1.4523 yesterday. Continuation is expected in this pair. Also watch out for more lows in the GBPJPY. Good Luck trading and trade with care.

charts247

This pair we have been watching for couple of weeks now. Price today have establish itself above a key level 1.3015. Above here long is the call in the usdcad pair. We expect a break of the last week high and continuation beyond that area. GLT and trade with care. For more info and updates follow us on twitter @charts_247

charts247

After holiday yesterday, we have seen a little pause in the USD against major pairs today. Aussie is outperforming others so far today. For this week, if price manage to stay above current level 0.7243 we expect more upside in the AUD pairs. Have a blessed week and trade with care. Follow us on twitter @charts_247

charts247 Updated 

The picture says it all. We are long from 1.1156 for a test of 1.1240 and above. GLT and trade with care.

charts247

Euro is currently trading at a critical point, price broke the last week low this morning and it's currently testing the break point. From here we expect either a break below 1.1168 for short continuation or a trade back above 1.1190 for a long run towards the 1.1240 area. We will keep our option open for this pair until we have a clear and confirmed...

charts247

On friday, we spotted the 1.4523 as a likely key area to long the cable if price manage to establish itself back above this area. What we have seen so far is exactly what we expected to happen in this pair. A long trade is initiated looking for a retest of last week high. 1.4666. Have a nice trading week and trade with care. Follow me on Twitter...

charts247

The pound as we have seen rally this week making a high of 1.6625 after breaking the 1.4523 area. On thursday price started making its way back towards the break level 1.4523. If price manage to stall here and establish itself back above 1.4523, that is an opportunity to long the cable. We will keep an eye on this area for a potential long entry. Trade with care &...

charts247

This pair is the pick of the week in our weekly forex analysis. After FOMC today we saw momentum in the pair that took price above our buy level. Above 1.3015 we stay long in the usdcad. Watch the Weekly Forex Analysis here: youtu.be Read my blog on the selected pairs including EURUSD,USDJPY & AUDUSD. buff.ly GLT and trade with care.

charts247

The bearishness in the AUD came back after the monetary statement jump. Price in this pair failed to make a lower low and we are long from 1.5526. For continuation towards 1.5600 and 1.5690. GLT and Trade with care.

charts247 Updated 

Hi guys we have a long re-entry on this pair from current level. For those that saw my weekly Forex Review, 0.7337 was our short for this pair which was rejected. As we stand we have a long entry and a trade above 0.7385 will further enhance that move. If price break the 0.7337 again, we will stand aside. You can watch the Weekly Forex Review here: youtu.be Good...

charts247 Updated 

After NFP we saw a normal reaction in the eurusd. Price is currently in a discounted area and we want to buy dips in the pair. Read Forex Weekly Review for more detailed analysis: buff.ly You can also watch it here: youtu.be Happy Trading and trade with care. For more regular update, follow us on twitter @charts_247

charts247

Hi guys this pair as we can see is strong above current level. The drawdown from yesterday high is a discounting in price. Above 1.1452 we remain bullish in the eurusd. Check out the weekly analysis here: buff.ly Or watch the complete analysis of our selected pairs for this week here including EURGBP. youtu.be Trade with care !