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Bullish opportunity for USD/JPY. Enter once price has closed above point B or between 112.70/80, just to be on the safe side taking into account the economic news to published @ 14:30, or enter after the news. Place stops below 112.60. Target 1: 113.14 Target 2: 113.33 Keep an eye on the DXY, which is currently reaching oversold territory on the daily time...

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Possible scenario for further bearish pressure if a double top is formed between 113.777 and 113.910, and if price even get's that far. A close above would negate a valid double top and send this market much higher from there. If the double top is formed, target 112.481 first, and a close below that will target 111.087/050 below which is at the 1.618 Fibo...

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Bearish Shark pattern. Price got rejected at the upper resistance level, and I believe that price will go down to the previous resistance zone between 1.1690 and 1.1662. That is my target level as there is no 'real' support till there. Conservative entry would be when price closes below the 10SMA (blue line), and aggressive entry would be now. Target: 1.671...

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Bullish Cypher pattern for NZD/USD. Beware though, price has yet to reach point X of the Gartley pattern preceding the current Cypher pattern, and with price near point X (0.6818) I would be cautios entering a long trade for now. A safe entry tactic would be to wait for price to close above the 10SMA (blue line), which is currently roughly above point B of the...

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AUD/USD at a very crucial level here this week. If price breaks and closes below 0.7625 the next target will be 0.7328/30. If price closes above, or remains above 0.7625, by the end of the week look for two other items, namely, that price closes above the 50SMA and that the TRIX indicator remains above it's zero line. If this criteria is met, I suspect a strong...

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Price has broken the wedge formation, possible targets are: 145.13 and 141.40. Picking an entry is tricky, but one could attempt to enter a short trade if price gets rejected at the weekly S1 at 148.63, or from the weekly pivot point level 149.46. Place stops above 150.00 Happy trading

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Nice shorting opportunity on NZD/USD. Enter between 0.6915/19 with stops above 0.6940. Target 1: 0.6875 Target 2: 0.6818 Keep in mind the extremely oversold Stochastics. And additionally, the D line has not crossed above the 80 level since it's breakout from 27.10.2017 which means that there could be plenty of bullish pressure still in this market Also, keep...

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Golds 4 year range ending? And if so, will it be bullish or bearish? Three out of five harmonic patterns were bullish, and only two targets remain unreached of the bullish patterns, namely: Leg A of the first pattern (Crab) at 1391.97 Leg C of the second to last pattern (Cypher) at 1375.04 The last target that has not yet been reached is leg C of the Alt....

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Looks like EUR/USD could turn bullish for a short period over the coming weeks, at least until 1.7560. If price gets gets rejected at 1.7560 then this is your short signal, targeting 1.1220/10 below at the 1.618 Fibo extension level. After that, a possible retracement back to the 1.1407/ 1.1423 level, which is a near perfect Fibo correlation between the...

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Enter when price closes above 113.692, or for a more aggressive entry, enter when price closes above 10SMA (Blue line). Also keep an eye on DXY, a reading of at least 94.80 would be preferable to go long on this pair, so probably something for next week.

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Bearish butterfly pattern on daily time frame. I would only enter once price breaks below 112.510/13; taking into consideration that the Yen's interest rate is unchanged at -0.10% and a potential rate hike is still in the cards for the USD, I cant imagine this pair going down much lower than 112.500, but who knows.

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Bearish butterfly pattern on daily time frame. I would only enter once price breaks below 112.510/13; taking into consideration that the Yen's interest rate is unchanged at -0.10% and a potential rate hike is still in the cards for the USD, I cant imagine this pair going down much lower than 112.500, but who knows.

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Hanging by a threat, price closed just above yesterday's lows, will be interesting to see how it unfolds. Also, keep an on DXY, a reading at or below 94.75 should send the Cable higher.

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Make or break level for Cable: Close below the indicated trend line cross over level is a bearish signal, if price remains above it or closes above 1.3120/22 today, then target 1.4000 long term. And a close below would target 1.2490/1.2500. Bullish projection arrow drawn from 1.2774 to 1.3657. Bearish projection arrow drawn from 1.3657 to 1.3027. Either arrow...

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Crab pattern still intact, just waiting for AUD to take-off, eventually. Bullish rally looks positive, especially when taking into consideration the divergence in the RSI and Stochastic indicators. A break below 0.7639 is your bearish signal, and a break above 0.7733 is a bullish confirmation.

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If price holds at 1.3123 (78.6% Fibo retracement) expect rally to 1.3190 (1.618 Fibo extension). Either price will get to 1.3123 directly or via the harmonic pattern; note, with price still in action the harmonic pattern does not portray precise levels but serves as a road map.

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This year's high closed the gap from the end of 2014 and beginning of 2015. There is still a gap below at 1.07152 and reaching up to 1.0829, which is this year's pivot point level. If price were to retrace this far down, and hold above the gap, then price could rally beyond 1.2092.

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Price closed above key trend lines on 03.11.2017 Despite a seeming triple top, price closed higher than the previous week, further evidence suggesting that price will continue to be bullish also shown by TRIX indicator near it's zero line and price above the 50SMA; as well as above the 200SMA. I would wait for the Stochastics to cool off a bit and if price...