Smartmoneytrading
GBP-USD Will Go Down! Sell!
Hello,Traders!
GBP-USD went up from
The demand levels below
Around 1.2540 just as
I predicted but now the
Pair will hit a horizontal
Resistance level of 1.2697
So a bearish pullback
With the goal of retesting
The target below at 1.2645
Will be expected
Sell!
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USD-JPY Will Fall! Sell!
Hello,Traders!
USD-JPY has formed a
Bearish wedge pattern while
Trading beneath the horizontal
Resistance level of 152.000
So we are bearish biased
And IF we see a bearish
Breakout from the wedge
Then we will be expecting
A further move down
Sell!
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AUD-NZD Bearish Bias! Sell!
Hello,Traders!
AUD-NZD is trading in a
Strong uptrend and the pair
Is locally overbought
So after the pair retest
The horizontal resistance
Level of 1.0942 we will
Be expecting a local
Bearish correction
Sell!
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NZDJPY Analysis of PreferForexNZDJPY is in bearish bias, it has broken the recent bearish market structure at 90.35 level. The price is now retracing back to the upside. There is an unmitigated strong point of interest (POI) at the 90.90 level, and it is advisable to wait and observe how the price reacts at this level. A bearish continuation movement is expected if the price reacts to this zone.
AUD-USD Will Keep Falling! Sell!
Hello,Traders!
AUD-USD is trading in a
Strong downtrend and the
Pair broke the rising support
Line made a retest and is
Now going down again
So we are bearish biased
And we will be expecting
A further move down
Sell!
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EUR-USD Long From Support! Buy!
Hello,Traders!
EUR-USD went down just
As I predicted in my previous
Analysis but the pair has
Almost reached a horizontal
Support level of 1.0703 from
Where I will be expecting
A local bullish rebound
Buy!
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GBPJPY Analysis of PreferForexGBPJPY is currently following a bullish market structure and is now retracing to the downside, targeting the point of interest (POI). There are some imbalances at the bottom of the recent trading that the price needs to mitigate.
Expect a bullish continuation when the price touches the POI. The target of the bullish movement will be the recent swing high.
AUD-CAD First Down Then UP! Buy!
Hello,Traders!
AUD-CAD is going down
Currently and I think that
The pair will fall further still
But the long-term rising support
Is ahead so after the retest
I will be expecting a local
Bullish rebound
Buy!
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