NZDUSD Technical Analysis 5.25.2018 NZDUSD at the current moment looks to be in a 3 swing move lower (Daily chart) starting from the July 27/2017 highs. Expect price to continue lower and break below the November 17/2017 lows. If breaks lower, the next level of interest where NZDUSD can find support and possibly reverse and […]

EURJPY Technical Analysis 5.16.2018 EURJPY Possible SELL/SHORT Trade Setup: EURJPY on the 1 hour chart is breaking out of a possible bearish channel pattern and a Momentum Price Action Breakout Pattern can be forming where bears can potentially push the pair lower. Traders should be watching to see a retest and also watch to see […]

GBPAUD Technical Analysis 5.10.2018 GBPAUD Possible BUY/LONG Trade Setup:  GBPAUD is forming a possible bullish inverted Head and Shoulders pattern (Purple).  Traders should watch for a good strong break above the purple BUY breakout trend line. A good break above this level will send GBPAUD higher and can extend possibly to newer highs above the March […]

EURJPY Technical Analysis 5.1.2018 EURJPY has possibly formed a temporary top on April 24/2018 and has since reversed lower. On April 11/2018 I published this article calling for a possible reversal lower coming in the near future > EURJPY : Possible Bearish Scenarios . On the chart below there are 5 bearish pattern setups that are […]

XAUUSD (Gold) Technical Analysis 4.25.2018 XAUUSD (Gold) remains bullish as long as the December 12/2017 low remains untouched. On the Daily chart there are clear visible bullish patterns that can be seen. Bullish Elliott Wave counts can also add more reasons that a possible rally higher can be seen in the near future. In the […]

GBPAUD Technical Analysis 4.17.2018 GBPAUD has been trending higher since the pair found a bottom at the October 7/2016 low where GBPAUD reversed and bounced higher. Traders should remain looking for setups to BUY GBPAUD and should continue trading with the trend not against it. At the current moment there are a couple signs that […]