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CADJPY seems to have completed its long downward correction and is ready for the next impulsive movement on the upside. The pair had attempted to start said movement last week, but at the beginning of the current week, markets have (temporarily) overreacted to news regarding the possibility of an impeachment of the U.S. President., and western currencies have...

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There is a really nice short opportunity on the OANDA:GBPNZD . Selling the break of the 60 min. flag after yesterday's downward impulse seems like a very good idea, as the structure has not changed after our previous analysis on this pair. First target on first trend line from previous lows and second target further down on second trend line of long term lows....

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OANDA:USDCAD has broken an upward channel (ending diagonal) with a fast and strong downward impulse on the 60min chart. It could be the beginning of a big impulse which would take the pair all the way to the 1.16 area. Even if this is not the beginning of said major movement, it is worth taking the short trade as the pair is going for a retracement. Wait for a...

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OANDA:GBPNZD is ready for a very deep pullback or reversal. Trade with a huge potential to the downside, possibly with a target all the way to the 1.7300 area (scroll down on the chart to see the rest of the potential price direction and target) Look for sell setups and breaks on the 60min chart. Trade with care and only with a tested strategy. Please don't...

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A We're been following GBPAUD for a while now, because the short has HUGE, let me repeat: HUGE potential, with a final target in the 1.62 area. From the top where the price is now, with a channel trend line break and a very evident divergence with lower and lower volumes on the 4hr chart, we are in the sell right about now. If you feel more confident in waiting...

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seems to have now completed a 3 wave structure and one more wave down is highly probable. A lot of divergence, on the 4hr timeframe. Sell which ever break you like and feels more comfortable according to your trading strategies, but this one needs not to be missed, as the potential to the downside is great and so is the R/R ratio. If you get the first break, for...

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OANDA:GBPAUD . Selling at the 0.786 Fib of the previous downside movement seems like a good idea, as with a potential target in the 1.605 area the R/R and a stop loss above previous high, the ratio is just outstanding. If you prefer to have a confirmation, wait for an impulsive break of the previous upward channel, then a flag, then enter on the break of the...

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OANDA:GBPAUD is tiredly crawling its way back towards the previous top. It is still unclear whether the progression will be given by 3 or 5 different movements, but eventually it will break the trend line that it is forming and will fall, also given the increasing divergence, so selling the break seems to be a good idea with an excellent R/R ratio. Stop above...

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Eventually, the year-long correction will end, and OANDA:USDCAD will begin a huge impulse toward the downside, with targets in the 1.22 area or below. The question is: when is this going to happen? The answer is: no one will know, as no one has a crystal ball for this. What we do know, however, is that we always need to be ready for this movement, so between...

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OANDA:XAGUSD seems to have just completed a corrective structure. If this is the case, it is a good idea to go long right about now, with a first target in the 19.6 area. Upward movement should be of an impulsive kind. However, should the price of this commodity against the dollar form a flag, there is a chance that OANDA:XAGUSD might retest the 2016 low in the...

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OANDA:GBPAUD seems to have completed a three wave corrective structure, and is ready for a downside impulse. Could move in profit very fast. A first target area would be represented by a retest of the downside base trend line, and a second potential target would be a retest of previous long term low. Updates on lower timeframes will follow. Trade with care and...

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Watch this pair closely. There might be a nice trade to the upside, if OANDA:CADJPY breaks the monthly long downward correction channel. Wait for an impulse and a flag, to confirm the pair's intentions, as the price might correct further to the downside to the 0.618 Fib area. Nonetheless, if it breaks, don't miss this great trading opportunity with an excellent...

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EURNZD is in a corrective structure following a short, but strong, upside impulse. Looking at the weekly chart (down below) the impulse has yet to begin! A trade not to be missed. Updates on lower timeframes will follow.