Hi All, This is my view GPBUSD in the coming days/weeks. Currently I am on the sidelines with regards to an entry but if the top end (1.415-7) is rejected I will consider a short towards the 1.375 area as a minimum, GBP is due a correction on a bigger scale. Thank you.
Hi All, As per my EURAUD analysis, this pair has been in a downtrend for a while now and I think that is about to end. There is a strong support zone coming where if you zoom out on the daily chart you'll see this pair has reversed from that particular support area. I think short term downtrend to continue with a minor pullback towards the break of the channel...
Hi All, My view on AUDUSD this week is the pair will most likely retest the resistance area which quite possibly may turn support and continue its trend upwards to the next resistance. Showing head and shoulders on the 15 min chart and bounce off the previous resistance turned support. Possible short and long entries to be had. As per all my analysis this is...
Hi All, As you can see there is a possible head and shoulders pattern forming if you zoom out on the daily chart. The overall AUDUSD trend broke out from a descending channel. I will be keeping an eye on AUDUSD and if this weeks play is a short, I will look for an entry as confirmation. This is not trading advice nor any suggestion of a trade. Any position held...
Hi All, My analysis on EU and DXY are playing out well so far... I have seen a possible head and shoulders pattern forming on the hourly which hopefully should it play out we will see a better direction going forth. This is not a signal just my opinion. Thank you
Hi All, Please see my EU analysis and DXY shows the opposite. Any ideas and comments are welcome. Happy Trading.
This is a short term view until confirmation on DXY (which we know is opposite to EU). DXY showing the same cup and handle possibility. Once this or should this play out then a larger trend will be visible. I think DXY will try to reach and close the GAP towards the 92.45-50 level which means more downside for EURUSD. This is purely my view and not trading...