142.019 area is such a strong support ( orange arrows ) if you cant see this then go get your eyes tested and please stop trading as you will only bankrupt yourself. This level has also been used as resistance before ( purple arrows ) so we will wait for the 4h candle to close to see if we are going long like we anticipate, either way we will have orders in place...
143.581 - 143.379 is a lovely zone, you can see where price entered it and bounced bearishly ( to the downside, orange arrows ) and bounced bullish ( to the upside, purple arrows ) You can see the importance of this area, its like a sh#t city, nobody wants to stay or live there but you have to pass through it to get to where you want to go.... The candles are...
1.72507 is a key strong resistance level as we show with our purple arrows where price has respected this level. 1.70319 area was previously used as resistance ( blue arrows ) but more recently was used as support ( orange arrows ) Price is currently sitting at resistance so again we are expecting it to respect this and bounce making movement to the downside,...
As you can see price is at a resistance level but has broken through or trendline, if price can break and close above our resistance we could be looking at a push to our zone ( red box ) We will have to wait and see how this trade plays out and update our clients accordingly. Orders can be placed a few pips above resistance level, this way if we do get a break...
1.81017 is a lovely buy area where we will be placing some orders, We have 2 trend lines that are meeting and price is nearly at the point where they meet, This means price is getting squeezed and we can see a breakout of our trendline to the upside and make a run upto our 1.85285 zone which is a key resistance level so we could see price turn in this zone.
As we can see there is a strong resistance line on the 4h chart ( pointed out by our purple arrows ) and we also have 2 very strong trendlines formed ( pointed out with red arrows is where price has respected these ) All analysis is pointing south of the border with bears well in control, we are expecting price to continue respecting this resistance level and...
142.083 is an are that has previously been used as old resistance and more recently it has turned into a key support level, Price is currently at this level now so we are expecting a bounce and a possible run upto our TP zone ( blue box ) On the chart we have marked out with purple arrows where price tested this level as support and the blue arrows show where...
We will keep this 1 short and sweet.... We are short to our trendline then long for that..... is that simple enough for you? Got that... or do you need us to wipe your arse as well? ;p
1.14106 area has been used as resistance ( purple arrows ) and more recently as support ( blue arrows ) which price is currently at, mix this with the trendline ( blue line ) that price has been respecting, we can see a descending triangle forming, This is price been squeezed and when this happens we normally see an explosive move to the upside. So either today...
1345.00 is a possible reversal zone, this area has been used as a very strong resistance zone before and you can see price has respected this area on numerous occasions before ( I'm sure you don't need the purple arrows to pint out where if you have been following us for a while ) Our 1st trendline was previously used as strong support but we can see it been...
13.46895 is a key resistance level that will be respected, and with the 2 added trendlines ( purple arrows are where price has previously touched and respected these lines ) we can see no other direction other than down with this pairing, so we are in a sell position at the moment but we have a tight SL just above our resistance level just incase resistance is...
1.81407 before has been used as very strong resistance level. More recently price broke through this resistance level and shot up, now we are seeing price slowly work its way back down to this level after the killer drop today ( which we predicted, check our last chart... your welcome ) we could see price use this as support again. So we are expecting short term...
1.14838 is a strong resistance level ( shown with purple arrows is where price has touched and bounced off this level ) We also have 2 very respected trendlines formed that have been used as strong support ( blue arrows show where price has touched them and bounced ) We can se price moving to the upside to our 1.14838 area of resistance, so we are in a buy...
1.80551 area is acting as historically strong resistance and price is respecting a bearish trendline, At the moment price is touching both our trendline and resistance level so this is a strong sell, providing there is no market gap at open tonight. If a market gap to the upside happens we will stay out of this trade and see how the market plays out tomorrow as...
1326.741 is an area of interest and could act as possible resistance, but if we break this level then we will see price climb into our zone ( blue box ) where we could see a reversal. So at the moment we are long on this trade with a tight SL and if price breaks our 1326.741 resistance we will be adding some long positions all the way up to our zone. Price...
We could see price test 142.733 area, if price tests and the bounces we can see a lovely little run upto 148.000 area, if price breaks our 142.733 support then the next area of interest is the 141.428 zone which could be used as a turning point for a bullish run. Our view is price will bounce off our 142.733 support area and make a good run to the upside and...
1295.74 area is a strong old resistance and could be tested as new support, We will manually enter this trade as a SELL but only down to or new support level, and we have set BUYn order for the retest of this level. We should see price push higher to the upside after this retest, our reasoning behind this trade is because the buyers ( bulls ) were strong on...
Key resistance 145.792 - Price has been respecting this level historically, it has also been respecting a trend line over the past few weeks but once price broke out this trend line price shot up. Now price is coming up to retest our strong resistance, and price WIL bounce and make a big move to the downside.... you heard it here 1st ;p