GBPNZD in ascending channel on weekly charts, right at the bottom, stops set outside channel at 1.9300 with take profits at 1.9900
I will buy AUDUSD from 0.6870 with take profit targets at 0.7050 stops set 0.6850
BUY to major daily resistance, long term penant formation has just hit lower trendline as well
SELL on the 1D via support resistance and respecting the negative trend line Sell to support lines 1 & 2 indicated by yellow lines
descending wedge and lines of support and resistance suggest entries for sells and buys following negative trendline. Descending wedge suggests a longer term bullish trend so a break from 1255-1240 for the upside and highs forecasted by Goldman Sachs of 1450 line up with this hypothesis www.fxstreet.com Purely educational not advice
EURUSD has been trading within a predictable pattern and range. With US GDP tonight expected to be bearish and no major Euro data, EUR/USD presents a good long opportunity after the dip from US dollar strength and bad German data. Also great entry point for a sell at the top of the descending channel. Yellow support line hasnt been broken since June 2017.
rallied 260 pips since yearly lows, short positions at 126.70 with tight stops at 127.00 Down to 50 day SMA of 125.50 4:1 reward to risk double top on daily EURO CPI due tonight in 1.5 hrs
100 pip take profit target stops set tight at 126.80, take profit 125.50. Double top formed on daily
Long legged Doji formed on 4H also at strong resistance with downside pressure, 90 PIP take profit short term trade
Short GBPJPY to 142.90. Daily candles show clear double top. Over coming week collapse in that pairing of nearly 200 pips
double top on daily, hit line of strong resistance, pull back to support 1 or 2
EURJPY down 2% on daily, dropped 200 pips and touched strong support of 123.80 and showed short term rally. Broke out of short term ascending channel where its been trading, recovery a possibility back into ascending channel 1st take profit target 126.00
USDCAD sell preference forming penant on daily confirmed sell RSI pointing down, long term downtrend as well.
sell for 50 pips, overbought on RSI rallied 250 pips today on RBNZ statement, sell leading into brexit decision
Heavy rejection on attempted break down from support, broke resistance at 145.00 looking for upside to 147.00.
trading within an ascending channel, great short from the top great buy from the bottom, buy to next level of resistance or very strong resistance annotated at the redline