Advertisement

Author: NULL

GBPUSD Bearish

Cable has a descending wedge in play.   This is a bearish pattern which should lead to a move to 1.4135 support.  Below that is the .270 fibo extension and a hard bottom at 1.3917 (S8 and Day chart Support). ...

Read More

EURUSD Hits targets

AS noted on my earlier post ( http://wp.me/piiLm-BK ) we broke the wedge and have taken out the 1.2203 and the 0,270 fibo extension.  Still a nice target left at 1.2087 (S8).  Watch for a bounce since we have an...

Read More

EURUSD Bearish Wedge

EU is building a nice bearish wedge that is currently being held to the upside by the .618 Fibo. This pattern typically moves to the downside. First target on the break of the wedge is 1.2205 (Support for day chart) then the...

Read More

EJ break

Looking for a break of the support @ the S5 – 114.81.  If we can get that break we will target the 1.270 extension at  114.07 and lower target next week at...

Read More

Aussie approaches a critical area

AUDUSD is approaching a confluence.  The R4 @ 0.9051, the trendline to continue the flag pattern ( dotted line) and former support @ 0.9069.  Market should tale to us here.  Up targets are the R5 @ 0.9195. ...

Read More

SIGN UP TO NEWSLETTER

Join our mailing list to receive the latest news and updates from our team.