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Author: NULL

$GBPUSD- bounce?

Currently the cross is @ 0.5670 after bouncing on the trend wall. The Cross has consistently stayed above the support at 1.5600( .786 Fibo also) and is sitting just above the R4 support @ 1.5665 and the 50% Fibo from the swing...

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$NZDUSD- breakout finally?

Currently the cross is @ 0.7873 after languishing in the rectangle pattern for what seems like forever. The Cross finally has broken to the upside and is sitting just below the resistance @ 0.7873. Look for the cross to break...

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$USDCHF– Crossroads?

Currently the cross is @ 0.9306. The Cross continues to work the upside movement and is sitting just below the R5 resistance @ 0.9299. If the cross can break this resistance look for a move to the S4 @ 1.3286 and then the...

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$EURUSD– Crossroads?

Currently the cross is @ 1.3379 after a failure to take out the topside. However, the cross bounced on the bottom trendwall of the uptrend and is sitting on the .786 Fibo and the S3. If the cross can break the Support and the...

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$GBPUSD– Bounce?

Currently the cross is @ 1.5644 and are sitting just below the .500 Fibo @ 1.5653 after bouncing on the “tentative” trend wall. If the cross can break the resistance look for a move to the 1.5713. A breakdown would...

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$EURUSD– Continuation?

Currently the cross is @ 1.3191. We are sitting on support @ 1.3382. A break of the support would indicate a move to the -0.270 Fib extension @ 1.3318. It should it bounce here look to go up to the 1.3450 area.

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$NZDUSD– Continuation?

Currently the cross is @ 0.7472 . We are sitting on support BUT…have built a bear flag which is bearish. A break of the 0.7400 would indicate a move to the -0.270 Fib extension @ 0.7345. Should it bounce here look to go...

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