DXY is showing a nice correction to continue to the bull run. I am seeing a couple of options on this index. Price could create a Head and shoulders pattern to retest our 95.50 zone and then continue the bull run. Or, price could rebound on 96.15 region and continue bullish. Let´s wait our final confirmation(candles) to see what happend. Nice weekend traders..
Could EU continue falling down? I am seeing more bearish movements on this pair. As I draw the price is on a 4hr resistance zone and could be a nice opportunity to enter short until 1.13000 region and then we will see if the price break this region or bounce.
AUDCHF is getting close to my sell zone(0.72700 and 0.73000) I see a nice short opportunity until our next Daily region. Be alert to this pair. t Price broke the daily trend line and now it needs to retest to continue falling down.
GBPCHF is showing the end of the bearish movement. The price is on a Daily region which can help to make a bullish candle pattern to start some bull move. Also is showing divergence in RSI on 4hr chart. Lets wait a bullish candle close in order to enter a long position. Let me know your comments.
CHFJPY broke the uptrend line and now formed a double top to bounce until two targets. Please let me know your thoughts on this one..
GBPJPY broke the little trendline and I think now it can form the right shoulder to continue to the downside until 140.000 zone. and next target will be 139.500 on -27 Fib extension.
EU moving at 1.14000, I think a nice correction can start during the following days, in order to touch the support zone on 1.15000 to continue the downside movement until 1.11500 Lets wait for a nice sell position.
DXY broke the resistance and I consider this will start a pullback until touch the resistance in order to convert it into support. and then my next target will be 98.00 Lets see how it goes!!
EU showing a big weak moment. Weekly candle close very very bearish. We could see the price touching the 1.15000 support zone and we would see if price breaks to continue until 1.14500 Monthly zone. In general, Look for short opportunities. Don´t forget to follow me and check old analysis.
USDCAD is now at the Daily resistance zone 1.29900, we would wait for a potential breakout since CAD is getting stronger and touch the 1.29000 region and further 1.28000. If price does not break the Daily zone we could see a new movement to the upside. Don´t forget to follow me and watch my old analysis.
UJ in my perception seems to be in a bullish trend until 114.200 resistance zone. Price respected the 0.618 Fib retracement and at this point we are at .50 fib region. I will consider to enter a Buy position depends on the market opens. Let see if we can reach our Main Target Fib ext -27% and Daily resistance zone.
CAD seems to be very strong against JPY, We can see a strong Daily bullish trend and in 4hr we can see the price is creating new Higher Highs. Next week we are going to see more bullish race for this pair. Let´s wait a good entry in 4hr/1hr chart to catch more pips. Also we can see a possible Harmonic Pattern formation in the following weeks/months. Good Luck traders!!
EURAUD broke the trend line and create the right shoulder. Now is possible to see the continuation until 1.53000 zone. Swing trade with nice and clear set up.
GBPJPY broke our trend line last week and we can see a bearish momentum in the market. We can take our next profit 145.000 in the following days. Good luck traders!!
Daily candle closed bearish, we could see a little pullback and then continue the bearish movement until 93.50 region
CHFJPY is showing a very very nice opportunity to go short. On a Daily Timeframe price broke the Weekly region and now is testing the same region to continue to the downside. In 4 hr timeframe price is forming a Double Top and we are waiting the final confirmation to enter a trade short. What is the final confirmation??? THE CANDLESTICK...
Finishing bullish momentum, once touch 111.500 we will see if we can enter a sell order with target 110.000
EURUSD awaiting to see if breaks Daily trend line and continue the upside movement to the 1.18000 region.. Fundamentals can help to get this target. Let´s see..