This pair is providing an opportunity for further upside. Australian dollar is showing signs of bullishness ahead of interest rate announcement. The yen pairs are showing a possible upmove this coming week.
For this particular pair and AUDJPY am highly biased on shorts this week. this may be to complete a correction before the next upwave. It has issued a contracting flat as a continuation pattern.
On this pair we have been in a good drop this year and it seeks to reward more bears by completing this correction. Look for any continuation pattern to benefit from this drop. If you wanna learn to trade well dm me.
we are looking at the us dollar to gain strength in the coming week and a better part of of the first week of may. After which the dollar may weaken long term.
Am looking for this chart to give us a buy signal from the formed order block to complete a wxy correction. The correction will support a move to break the previous low for an impulsive buy.
DXY has shown strength with yesterdays speech. We are looking for a pullback to put the trend up to an end. The retrace will be to trap longs on XXXUSD then push up before the real move on NFP.
this is an update on structure on euraud, we are looking for wave 3 continuation on the short side
Bitcoin looks to finish the fourth wave. Right now its a matter of aligning with DXY.
As DXY moves lower to our POI, GBPUSD is also moving to our sell zone for wave 5 to complete the daily degree wave a. We are expecting this moves to materialize latest Wednesday New York session.
USDCAD has finally arrived at or POI after missing our sell entries. We are looking for any signs of bullishness from 1.332 and 1.33. that is our trade of the week.
As the last day of the week this pair may give us a nice continuation for wave 5 offering a good RR of 1:5
I will be looking for longs when we get a retrace to 50%of the current uncompleted move. the move may be impulsive or corrective in 3 waves of which in the latter case is an indication of a bigger correction.
DXY is currently correcting for another push to the downside that may happen tomorrow London session. This means that any sell opportunity in xxusd is a trap, until DXY has given us another leg down to the fvg.
possible moves though they may be wicked due to FOMC and CRUDE oil report. apply good risk management.
EURCAD is giving us an opportunity to long the pair for wave 3 of 5 tht will give a reward of 570+ pips. The pair corrected in wave 2 with an expanded flat and has formed a nice piercing pattern on h4 tf. we look forward for the pair to align with incoming EURO news.
Eurobonds have bottomed at 423.6% extension, that supports that wave 3 is over and we are heading to correct wave 4, It is gonna be a sharp and rewarding pullback even on Euro currency pairs, according to the law of alternation. look for buy setups on Euros especially crosses.
A s per the monthly technical analysis, the bonds have offered a nice rally to the upside. The bonds started to pullback causing weakness in the DXY index. The pull back hints further downside to fib 38.2% or 50% for wave 4 before we see further upside. @005fxacademy.
We are looking to complete wave c of a possible running flat.