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Author: NULL

$GBPUSD – Trend Break?

The pair is currently @ 1.5513 and testing the bottom of the trendline after retracing to the .500 Fibo. IF we break down expect a move first to the R2 @ 1.5500 and then to the support @ 1.5442. A failure to break and a bounce...

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$EURAUD – bounce?

The pair is currently @ 1.1686 and in the area we are looking for a bounce. IF we bounce we should see a break of the down trend to the R2 area @ 1.1735. A failure here and no bounce look to the double bottom @ 1.1646. Upper...

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$GBPUSD – 2 CHOICES?

The pair is currently @ 1.5674 and testing a corrective move. We should see a break to the R4 area @ 1.5624. We could see a bounce at that level back to the top or a corrective continuation to the R3/Trend line @ 1.5535. Wait...

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$EURUSD – back down?

The pair is currently @ 1.2236 and testing the 0.382 Fibo. We should see a break to the S4/0.618 Fibo area @ 1.2160-2175 – could see a bounce at that level before continuing g to the S6 @ 1.2084.

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$EURUSD – rectangle?

The pair is currently stuck in a rectangle which is common after a big fundamental shift. We should see a breakout of the rectangle to the 1.2354 and then a continuation to the Fibo and resistance @...

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$EURAUD – Break?

Currently the pair is @ 1.1753. The pair made the bear flag break and is now poised to revisit the bottom @ 1.1700. We expect a stall there before resumption to the -0.270 fib extension @...

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$GBPUSD – bounce point?

Currently the pair is @ 1.5520. The pair made a very decisive move down and is currently sitting just above the .618 Fibo. We expect a bounce here and then resumption to the S5 target @ 1.5398.

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