Forex Weekly Watch List – May 8th 2017

First on the list is GBPCAD . We are SHORT bias on this Forex pair.As you can see on the first image below,Weekly price action has tested the 200ema with high test (Inverse Hammer) candle. Friday daily closed was a high test which further supports our BEARISH Bias Following the break of 1.76

My watchlist – Week of Oct 16

Ello ello,Hope you all had a well rested weekend.  Below are the Forex pairs that are on my watch listNZDJPY Bias - LONG On the daily chart price tested the upper trend line of the channel and 50 ema. However if you look at 73.00 zone it has been acting as good support and if fact

My Watchlist – Oct 9th

Hi all,Hope you all had a good weekend. Following pairs are on my watch list for this week.AUDUSD Bias - Long Monthly price action is finding support at .78 fib level. Price tested the level twice and then broke above the  highs to form an Ascending Triangle. Weekly and Daily supports Monthly price action.ExecutionTest of the bottom

Trade Alert – AUDNZD

AUDNZDAfter a downtrend since early May , AUDNZD has pulled back and provided a very strong BEARISH candlestick  which indicates the continuation of the downtrend that started in May '16.Candlestick was printed in a key levelPrevious two candles show depreciating strength of the BULLS.Candlestick was printed at 31.8 Fib level and never did price

USDJPY Daily Time frame setup

[caption id=attachment_460 align=aligncenter width=1623] USDJPY SHORT Setup[/caption]Nice BEARISH close with the engulfing candle. Looking for SHORT on the break of the low of today

Weekly update | Mar 22nd 2016

[caption id= align=aligncenter width=1623] EURJPY DAILY SETUP[/caption]Price action has made a Higher Low  and showing healthy consolidation. Mar 22nd DOJI with a long bottom wick shows bullish strength . Looking for an entry when price breaks above Mar 22nd high.[caption id= align=aligncenter width=1581] NZDUSD DAILY CHART SETUP[/caption][caption id= align=aligncenter width=1581] NZDUSD 4 HOUR CHART[/caption]Price has

Weekly Forex Update March 14th 2016

 Weekly Forex pair analysisUSD/CHFDaily Down Trend SHORT - 0.98712 LONG - 0.97789 or 0.96998 EUR/USDDaily - Showing strong Bullish price action. Price seem to be consolidating in the top of the range. Daily MACD just crossed above zero Looking for BULLISH move after a pullback Zone to go LONG - 1.1164 or 1.10836 NZD/USDDaily in an uptrend. But price is