rauan

rauan

Another one-line-chart. Wonder if we see USDJPY recovering above 105.50 by the end of next week?

rauan

Updated 

Rebound from trendline and close above 1.1210 resistance would indicate EURUSD climbing up to 1.1280.

rauan

Potential bearish reversal on USDJPY from current level 110.40 (green trendline projection), SL 110.80 (20.May high, R2 level), TP 108.80.

rauan

Updated 

Short potential below 1.1280 targeting 1.1150.

rauan

Expected scenario Long USDCHF, stop 0.9520, target 0.9680. 8-hour timeframe Hourly timeframe 30-minute timeframe *Once USDCHF slides below 0.9520 wave count should be reconsidered.

rauan

Updated 

Close below 0.77 opens opportunity for sell trade targeting 0.7650.

rauan

SL 0.9600 below daily support 0.9610.

rauan

Updated 

Sell USDJPY targeting 112.45

rauan

Updated 

USDCHF has left upward channel. Backward test of previous lower band suggests re-enter in the sell trade targeting 0.9690 and 0.9640. Close sell once USDCHF returns in the channel range (close above 0.9750).

rauan

Updated 

Short position inside ascending channel. Forecast remains actual until USDCHF trades below 0.9790.

rauan

Updated 

Short position targeting 1.3160. Forecast remains actual until USDCAD trades below 1.3300.

rauan

USDJPY has reached intraday barriers marked in the previous idea. Next long targets are set on 1H timeframe with two descending trendlines at 114.40 and 114.90, respectively. Bullish scenario remains actual until USDJPY trades above daily support 111.30.

rauan

Updated 

USDJPY on daily timeframe has tested for second time dynamic support 111.30 from May-Dec 2013 daily trendline. 4-hour chart confirms support area with descending brown trendline. Expect rebound from the mentioned level up to 116. Intraday chart highlights short-term resistance levels marked with yellow lines: 112.45 and 113.20.

rauan

Updated 

I. EURUSD on daily timeframe has touched dynamic support 1.1125, marked with yellow line on the chart. II. On intraday chart the pair has tested lower range of descending channel, starting from 1.1380. III. Support zone 1.1125 is confirmed with trendline crossing on 1H timeframe. Expect EURUSD rising from current level targeting 1.1230.

rauan

USDCAD performs backward test of lower range of narrowing triangle at 1.3920, the level is confirmed by descending trendline from 27.Jan and pivot point 1.3940. Selling USDCAD from current level, SL 1.3960, TP 1.3750.

rauan

Updated 

USDCHF on 4H timeframe has tested the crossing of descending violet trendline from 11.Aug high and ascending yellow line from 18.Jun low. Rebound from the mentioned level indicates possible mid-term long trade targeting 0.9970-1.0000. First target is set below Dec'15 low at 0.9770. Entry point is exacted with intraday trendline on 15M timeframe. Stop-loss set at 0.9620.

rauan

I. EURUSD on daily timeframe has tested 1.1280-1.1310 resistance area for the second time this week. II. Resistance barrier is exacted with orange trendline on 1H timeframe; the line is projected through 26-28.Jan max levels. Resistance is confirmed by R1 pivot point 1.1348. Expect EURUSD falling from current level targeting 1.1170 and 1.1100. Stop-loss...