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AUDJPY : Will the Pair Move Higher?
Read MoreIn the chart below there are clear visible bullish market patterns that are calling for another move higher for the AUDJPY pair. Blue bullish market pattern already triggered BUYS at the XA 0.886% Fib. retracement level. Also a bullish trend continuation divergence pattern (pink) has formed at the same XA 0.886% level which is adding […]
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XAGUSD : Market Patterns Signalling More Downside
Read MoreOn January 14/2021 XAGUSD hit a confluence zone where the pair reversed lower. Price hit an area where different market patterns and technical levels aligned which allowed sellers to push silver lower. In the chart below it is clearly visible that on January 14/2021 price found resistance at the previous support zone (light blue) and […]
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EURCAD : Trading the Downside Move
Read MoreOn January 4 2021 we advised traders, in our members area, that EURCAD was in a position where the pair will make another move lower. Since December 22 2020, the pair has been pushing lower and has moved in a lower low/lower high sequence signalling a possible downside trend. EURCAD 1 Hour Chart New York […]
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AUDUSD : Trading with the Bullish Trend
Read MoreSince March of 2020 AUDUSD has been been moving and trending higher. A bullish trend is clearly visible and we at EWF always encourage our members to trade with the trend and not against it. On December 28 2020 we advised traders, in our members area, that AUDUSD was still in a bullish cycle and […]
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GBPAUD : Catching the Move Lower
Read MoreOn December 17 2020 I posted on social media @AidanFX “GBPAUD watch for a possible move lower. Will be watching for selling opportunities for a move lower towards 1.77 handle. GBPAUD break below 1.7770 can push the pair lower towards 1.77 handle. Watch for possible selling opportunities.” The chart below was also posted on social […]
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GBPCAD : Bearish Patterns Signalling the Move Lower
Read MoreOn December 9 2020 I posted on social media @AidanFX “GBPCAD watch for selling opportunities.” The charts below were also posted on social media @AidanFX December 9 2020 showing the possible bearish patterns. Blue bearish pattern triggered SELLS at the XA 1.27% Fib. retracement level and the brown AB=CD bearish pattern also triggered SELLS in […]