EURcad Mind the huge gap (650pips +/-) between the price and 8ema here. Also we got "floor" from the Monthly tf. {image}
A possible round bottom (RB) macd pattern here. We shall find out at the opening US market session later today.
- | Joined Dec 2008 | Status: revisit | 1,896 Posts
A possible round bottom (RB) macd pattern here. We shall find out at the opening US market session later today.
- | Joined Dec 2008 | Status: revisit | 1,896 Posts
AUDcad & AUDchf {image}{image}
We had this PA/MA crossings before and now currently testing the immediate "ceiling" here.
No more resistance between this and round level 0.75. This is gonna be 550+/- pips up "IF" the ceiling break.
- | Joined Dec 2008 | Status: revisit | 1,896 Posts
AUDnzd
On W1 tf, we spotted these potential Double Bottom price and Higher Low macd patterns above 1.03.
If it continues to go south, another area we should pay a very serious attention is the 1.02 and 1.00 levels, this pair's lowest of all time (Monthly tf).
Spread wise, this pair is not good for daily traders but when there is a potential "BIG" move, GAME ON BABY.
This one will take weeks / months to be confirmed, so no rush. Just keep an eye on it from time to time.
On W1 tf, we spotted these potential Double Bottom price and Higher Low macd patterns above 1.03.
If it continues to go south, another area we should pay a very serious attention is the 1.02 and 1.00 levels, this pair's lowest of all time (Monthly tf).
Spread wise, this pair is not good for daily traders but when there is a potential "BIG" move, GAME ON BABY.
This one will take weeks / months to be confirmed, so no rush. Just keep an eye on it from time to time.
- | Joined Dec 2008 | Status: revisit | 1,896 Posts
{quote} EURcad update A possible round bottom (RB) macd pattern here. We shall find out at the opening US market session later today. {image}
Nope. It doesn't happened and now another "floor" waiting (89sma of W1). Currently, we only have 100+/- pips of gap from the "previous floor" (21ema of Monthly) & 400+/- pips from 8ema
Mind the huge gap.
- | Joined Dec 2008 | Status: revisit | 1,896 Posts
EURaud
This is suppose to go south (1.46xxx). But we have RBA cash rate news today. So, it is your call.
This is suppose to go south (1.46xxx). But we have RBA cash rate news today. So, it is your call.
- | Joined Dec 2008 | Status: revisit | 1,896 Posts
CHFjpy
We have some development here. Nice PA of 21ema (pointed with arrow).
We have some development here. Nice PA of 21ema (pointed with arrow).
- | Joined Dec 2008 | Status: revisit | 1,896 Posts
{quote} AUDchf update We had this PA/MA crossings before and now currently testing the immediate "ceiling" here. No more resistance between this and round level 0.75. This is gonna be 550+/- pips up "IF" the ceiling break. {image}
See for yourself and decide
- | Joined Dec 2008 | Status: revisit | 1,896 Posts
[quote=orangeRANGE;9121237]EURaud This is suppose to go south (1.46xxx). But we have RBA cash rate news today. So, it is your call. {image}[/quote]
EURaud update
Down...
EURaud update
Down...
- | Joined Dec 2008 | Status: revisit | 1,896 Posts
GBPusd
This is just me being skeptical + imaginative. I could be wrong though. No "crystal ball" here.
This is just me being skeptical + imaginative. I could be wrong though. No "crystal ball" here.
- | Joined Dec 2008 | Status: revisit | 1,896 Posts
CHFjpy We have some development here. Nice PA of 21ema (pointed with arrow). {image}
Ain't happening here. Probably because of strong monthly Fib (61.8%) and possible "3 Inside Down" pattern in D1 (see box). We shall find out tomorrow.
Put this one aside for now.
- | Joined Dec 2008 | Status: revisit | 1,896 Posts
{quote} AUDchf update#2 See for yourself and decide {image}
At least 400pips moving up after the "breakout" candle.
GbpJpy Potential Opportunity
Price is pulling back to the 21ema and is suggesting higher moves, potentially to the 140.00 level
**NOTE** This may mean either the EurJpy move may not go to the 89/200sma or the GbpJpy move may not materialize. It is possible for both to go but they will need to be watched. The candles will tell us what their plan is.
Price is pulling back to the 21ema and is suggesting higher moves, potentially to the 140.00 level
**NOTE** This may mean either the EurJpy move may not go to the 89/200sma or the GbpJpy move may not materialize. It is possible for both to go but they will need to be watched. The candles will tell us what their plan is.
- | Joined Dec 2008 | Status: revisit | 1,896 Posts
GBPchf
Waiting the breakout of 1.31000 (moving towards higher level = 1.32)
...otherwise...
Going south.
Waiting the breakout of 1.31000 (moving towards higher level = 1.32)
...otherwise...
Going south.
- | Joined Dec 2008 | Status: revisit | 1,896 Posts
{quote} CHFjpy update Ain't happening here. Probably because of strong monthly Fib (61.8%) and possible "3 Inside Down" pattern in D1 (see box). We shall find out tomorrow. Put this one aside for now. {image}{image}
Looks like it (3 Inside Down in the making)
