Here, the USDJPY has been on a strong bullish run, and the price is currently overbought. Similarly, price is at resistance and we expect a short term sell soon. Thanks and good luck. Please like, comment and follow for more analysis.
Here on the AUDUSD , we can see a clear breakout of the bearish channel which was formed after an impulsive bullish move. This could be time for continuation of this bullish movement. Use proper risk management. Good luck.
After price breakout from the falling channel, this looks like a retest after which we'll be longing the market with proper risk and trade management in case of sentiment shift. THANKS AND GOODLUCK. Please, do like, comment and follow for more analysis.
Update to my previous forcast (find link: the "Related idea" below) 50 pips already running. Wait for another clear bullish comfirmation to join the smooth surf.
A strong bullish setup here on NZDCAD for a long swing trade to the upside. A similar setup on weekly timeframe, follow link below on Related idea to see forecast.
Currently, the GBPCHF is looking bearish on the daily and hourly timeframes. However, before this move to the downside, we may experience a bullish retracement to the upside, and we can a clear inverted Head and Shoulders form. Therefore we may may capitalize on this move reactively to price behaviour with proper Risk and trade management. Thanks and Good luck. ...
As we can see, the USD is losing momentum correctively to the upside. If we relate this to what we have in the EURUSD, it reveals a bearish reversal on the DXY in line with the divergence spotted on the MACD. However, we expect the market to make few more pushes to the upside as the Previous High poses a strong resistance for reversal. Thanks and Good luck. ...
Vividly here, the EURUSD is trapped in a falling wedge which is soon to be broken, on whose course we will be capitalizing to the upside. However, the market may provide a final push to the downside to the previous swing point, thereby justifying the falling wedge pattern with a third touch. Therefore, proper Risk management is required as we trade reactively to...
Here on the GBPUSD, we can see how the market has created an "M" formation. In general, after an "M" pattern is formed, we expect the market to provided a push to upside to literally complete the pattern, turning broken support into resistance. At this point we will be looking in to find a nice short entry to the downside with a good Risk-to-Reward Ratio. Thanks...
Here on the GBPJPY 10 Hour Time Frame, we are expecting an overall bearish swing move to the downside after break of trendline. However, we may see an impulsive break of the trend curve to the upside as price is currently in a bearish correction, to run-off liquidity; likely, a clearer price pattern may be formed for SHORT entry. Hence, we'll rather be reactive...
We may expect a bullish thrust from here to break the falling wedge and continue to about 131.000 Hence, we'll be reactive to price behaviour at these levels. Thanks and Good luck. Please, like, comment and follow for more trade setups.
It has been a sweet surf on the GBP since the 16th of June, heavily to the downside. However, we may experience a correction up to 1.4100 before continuation to the downside considering the strength of the USD. No matter come what may, we'll rather be reactive and not predictive on these moves, depending on price behaviour. Thanks and Good luck. Pls like, comment...
USDJPY is getting reading to break the trendline after a big correction to continue its impulsive thrust to the downside. We may also expect a final shoot-up to clear liquidity before selling. Thanks and Good luck. Pls like, comment and follow for more trade setups.
Our attention on the Demand zone (though not looking so strong). We'll be quite reactive rather than predictive on this move. Yet will fully depend on price behavior at this level. Goodluck
A clear break and retest on the weekly chart for a bullish swing trade. Pls, like and comment. Follow link below on Related idea to see forecast on lower timeframe.
My outlook on AUDCAD depending on price action at these levels. We'll be quite reactive and not predictive on this move. Goodluck .
Currently waiting for a break of the ascending channel to the downside, reacting to price behaviour on this course.
If we happen to see a clear correction get broken, we'll be capitalizing on the strength of the USD to the downside. We remain reactive to price behavior.