AUDCAD Technical Analysis April 30/2019 AUDCAD : A bearish market pattern is forming on the 1 hour chart but has yet to trigger entry. In the chart below the blue bearish pattern still needs to make a small push higher to tag the XA 0.786% Fib. retracement level where price can see a possible reversal […]

GBPAUD Technical Analysis April 2019 Every trader should always view the market in the “bigger picture” first. Viewing the market starting from the  higher time frame down to the lower time frames will offer a trader a better perspective on the possible price movements that the market can do. A “top down analysis”  will offer […]

EURCAD Technical Analysis April 21/2019 EURCAD : Bearish market patterns can be seen on the EURCAD pair. In the first chart below both the blue and pink bearish patterns already triggered SELLS on the 15 minute time frame. Blue bearish pattern triggered SELLS at the BC 0.50% Fib. retracement level and the pink bearish pattern […]

GBPJPY Technical Analysis April 10/2019 GBPJPY : Bearish market patterns can be seen on the GBPJPY 4 hour chart. In the chart below a blue bearish Head and Shoulders pattern is visible and price has already broken below the Neck Line which can be signalling for more possible downside in the coming trading sessions. As […]

GBPAUD Technical Analysis April 2/2019 GBPAUD : Bearish market patterns can be seen on the GBPAUD 1 hour chart. In the chart below both the blue and pink bearish patterns already triggered SELLS. Blue bearish pattern triggered SELLS at the BC 0.50% Fib. retracement level and the pink bearish pattern triggered SELLS at the XA […]

AUDJPY Short Term Technical Analysis AUDJPY on March 8/2019 the pair bounced and traded higher. Price started a Higher High/Higher Low sequence and trended higher for the entire trading week of March 11-15/2019. In the chart below the ADX (Average Directional Movement Index) signalled that the move  to the upside was losing momentum at the start […]