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AUDJPY : Possible Move Lower Then A Bounce Higher?
Read MoreAUDJPY Technical Analysis December 1/2019 AUDJPY : A possible bullish pattern is visible on the Daily time frame. The blue bullish pattern still needs to make a push lower to complete point D at the BC 0.50% Fib. retracement level where AUDJPY can possibly bounce higher from. If price extends higher above the AB 2.24% […]
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AUDJPY : Possible Bearish Pattern?
Read MoreAUDJPY Technical Analysis December 1/2019 AUDJPY : Possible bearish patterns are visible on the 4 hour time frame. The pink bearish pattern still needs to make a push higher to complete point D at the BC 0.50% Fib. retracement level and the orange bearish pattern also needs to make a push higher to complete point […]
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CADJPY : Watch For Possible Buying Opportunities
Read MoreCADJPY Technical Analysis November 14/2019 CADJPY : A possible bullish pattern is visible on the Daily time frame. The blue bullish pattern still needs to make a push lower to complete point D at the BC 0.50% Fib. retracement level where CADJPY can possibly bounce higher from. If price extends higher above the AB 2.24% […]
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AUDCAD : Will the Pair Bounce Higher in 2020?
Read MoreAUDCAD Technical Analysis November 3/2019 AUDCAD : There are clear visible bullish market patterns on the weekly chart but traders will still need to wait for more confirmation that a bottom will form. AUDCAD still needs to make another move lower to trigger the dark blue bullish AB=CD pattern. Bulls can possibly be waiting below […]
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USDJPY : Watch Reversal Zone for Another Move Higher
Read MoreUSDJPY Technical Analysis November 2/2019 USDJPY remains bullish as long as the August 26/2019 low remains untouched. In this analysis of the USDJPY pair, market patterns will be used to determine where price can possibly reverse and bounce higher from. In the chart below, there are 3 possible bullish patterns that can trigger BUYS near […]
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EURUSD : Momentum Buy Breakouts
Read MoreEURUSD Technical Analysis EURUSD : Towards the end of September 2019 the Lower Low and Lower High sequence starting from September 13/2019 high stopped when the bounce off the October 1/2019 lows started a reversal by making higher highs and higher lows. Understanding how a possible short term trend can be terminating is key to […]