Price Action and Trading Discussion

EURJPY 5 min.

I have not put many of my 5 min positions up. I will try and capture some more as they happen.

Here is one from yesterday.

EURJPY 5 min

First position taken today.

EURJPY 5 min

Second position taken today.

EURAUD daily.

An area worth keeping an eye on.

AUDUSD daily

Still holding within the range.

GBPUSD daily.

Another pause after a sharp move down.

USDCAD daily.

The top of the range has been broken.

Will this indicate a turn around in price movement.

The shorter term view on the daily has been short followed by range.

However review of longer term on weekly shows potential for future bullish movement.

Some short term areas to keep an eye on may include the RN area which could act as short term resistance.

We could see the beginning of a new trend line.

AUDUSD daily.

Previous support area.

Nice uptrend, and up side break of inside bar in the direction of movement.
The way to 0.9220 / 50 over next days’ may looks open now .

EURUSD daily.

Break even was hit and position closed.

Hi Ullic,

Yes indeed we may very well see those targets achieved, especially if price can hold above the key .90000 area.

Some hefty longer term resistance at that area.

But the GBP is not fairing so well at the moment so strength vs this area is most likely.

EURUSD daily.

Will we see this key area hold as resistance and push outside the lower end of the range.

Or will price simply fall back into the range and filter its way back up to the top end.

EURJPY daily.

Another pair with a range in play.

Keep an eye on the potential continuation of the longer term short momentum.

Hi guys.

In the lead up to the US election I took the week off trading.

Will also be staying away from the charts this week and will be back on board next week.

Cheers.

EURUSD daily.

Well after a little while away from the charts waiting for everything to settle down post elections it is good to see this one finally break free of the longer term range that has held price for quite some time.

Price is stalling where you would expect it to with support evident in this area.

There is some short term resistance areas above in the event of price retracing.

EURJPY daily.

Breaking outside the range, however still a strong resistance area to tackle.

EURUSD daily.

Price still holding at the support area.

AUDCAD daily

Price had a solid push through the strong support area at the RN area.

Stalling at the next support. If there is another push to the short side, with price currently stalling at the near term resistance, we can see some obvious levels below to target.

GBPUSD daily.

After another strong push to the short side, we are seeing the potential of another range formin

EURNZD daily.

Potential support area for another short move.