EURUSD next week
WHAT I SEE: – We have a big Bull flag on the day chart and we are now respecting the .786 fib on the 240 min. If it continues to respect that I look for a move down to the 1.3155 area. If it moves to the top a break of...
Read MoreWHAT I SEE: – We have a big Bull flag on the day chart and we are now respecting the .786 fib on the 240 min. If it continues to respect that I look for a move down to the 1.3155 area. If it moves to the top a break of...
Read MoreThe USDJPY tests the 100 hour MA at the 98.40 level. Watching the level. A break above should lead to higher levels. If it respects this level we are looking for a nice reversal – watch the stock market for...
Read MoreThere was a much deeper movement south then the typical cup and handle pattern exhibits – so looks like they were not committed to this. Makes sense since the UK world is upside down. Should get a good pullback here but...
Read MoreGBPUSD – Cup and Handle forming Typically the Depth of the cup = the same amount of pips in target. HEADS...
Read MoreWe are currently in a correction on the EJ but an opportunity is looming on the horizon. If we continue to correct to the 128.00 area we could see a fast mover down since there is a multitude of covergence points here: previous...
Read MoreSilver has hit our target today at 11.80 It could continue a little lower but we are going to cost average into this one for a run to the R5 at...
Read MoreThe Cross is flirting at a very critical juncture. We have a descending wedge that it needs to decide to respect or not. If it respects the 1.2290 are then I look for a fall to at least 1.2180 and maybe to 1.2100. If it does...
Read MoreThe GBPCHF is breaking the top. Looking for a move up to the R7 at 1.7208 currently at 1.6922. The .382 fibo from the Day chart is a
Read MoreWe have a rising wedge forming on the cross which usually means a move south. I don’t expect a big move on this one but should go to the S3 if it will...
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