The daily right side is down against .6978 and the 4 hour is favored turning down against there as well. The hourly is turning up against .6381. While above there it can see another high toward the .6700 area before turning lower again. long NZDUSD @0.6540-06520 tp: 0.6620 sl: 0.6480 good luck
The 4-hour turning down with a bearish sequence against the 6/05/2020 highs at 139.74. The 1 hour is turning down against 134.69. While below there expect the pair to extend lower. Sell GBPJPY @134.45-60 TP: 133.70-50 SL: 135.00 Good luck
The 4 hour right side is down with a bearish sequence against the 1.1497 high from 3/09/2020. The 1 hour is turning up against 1.1183. While above there expect the pair higher toward 1.1497 before a larger turn lower again. BUY EURUSD @1.1290-70 Target- 1.1350 Sl: 1.1250 Good luck !
The 4-hour right side is down with a bearish sequence against the 6/10/20 highs at 1.2823 . The 1 hour is turning up against 1.2249. While a bounce fails below the 6/10/20 highs expect the pair back lower under the March lows. Short term trade setup Long @ 1.2380-40 TP: 1.2500 Sl: 1.2300 Good luck !
The 4 hour is turning up against 3/09/2020 low (101.19). 1 hour is turning down against 107.46 high. Near-term, while bounces fail below 107.46 high and more importantly below 109.85 high expect pair to extend lower to correct the cycle from 3/09/2020 low in 7 or 11 swings before upside resume. Sell USDJPY @108.10-55 Target: 105.00 SL: 109.50 Good luck
The 4 hour right side is down against 3/09/2020 peak (1.1492) & shows a bearish sequence. 1 hour is down against 1.1353 high. Near-term, while bounces fail below there expect pair to extend lower 1 more push before last push higher against 3/09/2020 peak can be seen. BUY EURUSD @1,1215-1.1210 Target- 1.1300-1.1350 Stop Loss: 1.1150 Good luck !
The 4-hour right side is up against 8/16/2018 low (1159). 1 hour is turning up against 1667 low. Near-term, while dips remain above 1667 low expect Gold to extend higher.
The 4-hour right side is down against 12/13/2019 peak (1.3522) & shows a bearish sequence. 1 hour is turning down against 1.2814 high. Near-term, while bounces fail below 1.2814 high expect pair to extend lower 1 more push lower before correction against 12/13/2019 peak resume as a zigzag structure. BUY GBPUSD @ 1.2410-2375 Target: 1.2550 SL: 1.2320 Good luck !
The 1 hour is up against 1.0868 low. Near-term, while dips remain above 1.0868 low expect pair to extend higher for few more highs before it finished correcting the cycle from 3/09/2020 peak in a zigzag structure & resume the downside. We prefer selling the bounce in 3, 7 or 11 swings at the extreme area when seen ( see 4hr chart). Short term Trade Long...
Technical Analysis- The 4 hour right is turning down against 4/09/2020 peak (135.74) but shows a bearish sequence. 1 hour is turning up. However, while near-term dips remain above 131.44 high expect pair to extend lower 1 more push before cycle from 4/09/2020 peak ends & a bounce higher in 3, 7 or 11 swings could take place. Signal- Long GBPJPY @129.50-25 TP1 :...
Technical Analysis-The 4 hour is turning up against 3/09/2020 low (101.16). 1 hour is turning up against 105.96 low. Near-term correction against 3/09/2020 low is proposed complete at 105.96 low, while dips remain above that level expect pair to extend higher. BUY USDJPY @106.85-70 TP: 107.55 SL: 106.40 Good Luck !
The 4 hour right side is down against 12/13/2019 peak (1.3522). 1 hour is turning down against 1.2645 high. Near-term, while bounces fail below 1.2645 high and more importantly below 1.3522 high expect pair to extend lower. Short GBPUSD @1.2340-65 TP: 1.2250 SL: 1.2400 Good luck !
The 4 hour right is down against 12/13/2019 peak (148.05) & shows a bearish sequence. 1 hour is turning down against 135.46 high. Near-term, while bounces fail below 135.46 high and more importantly below 147.93 high expect pair to extend lower. SHORT GBPJPY @132.40-60 TP: 131.60 SL: 133.20 GOOD LUCK !
The 4-hour right side is down against 3/08/2020 peak (1.1497) & shows a bearish sequence. 1 hour is turning down against 1.1020 high. Near-term, while bounces fail below 1.1020 high expect pair to extend lower. Short EURUSD @1.0950-1.1000 TP 1- 1.0850 Tp2- 1.0720 Good luck !
The 4 hour right is down against 12/13/2019 peak (147.93) & shows a bearish sequence. 1 hour is turning down against 135.46 high. Near-term, while bounces fail below 135.46 high and more importantly below 147.93 high expect pair to extend lower. Short GBPJPY @133.133.50 Target 1- 130.50 Target2- 128.00 Sl: 134.00 Good luck !
The 4 hour right side is up against 8/16/2018 low (1159). 1 hour is turning down against 1739 high. Near-term, while bounces fail below 1739 high expect Gold to extend lower to correct the cycle from 8/16/2018 low in 3, 7 or 11 swings before upside resume. SHORT TERM SELL
The 4 hour right side is down against 12/13/2019 peak (1.3522). 1 hour is turning down against 1.2645 high. Near-term, while bounces fail below 1.2645 high and more importantly below 1.3522 high expect pair to extend lower.DO NOT TRADE ON BUYING SIDE
The 4-hour right side is down against 12/31/2019 peak (0.7030). 1 hour is turning down against 0.6571 high. Near-term, while bounces fail below 0.6571 high and more importantly below 0.7030 high expect pair to extend lower.