Sunday, July 26, 2020
Sunday, February 16, 2020
GA (17-21 Feb2020)
GA (17-21 Feb2020)
Expected to retest trend @1.905-1.9100 region next week.
Look for PA for short
https://www.tradingview.com/x/y3JQ8I2r/
Expected to retest trend @1.905-1.9100 region next week.
Look for PA for short
https://www.tradingview.com/x/y3JQ8I2r/
Friday, September 15, 2017
Sunday, August 20, 2017
Sunday, July 30, 2017
GA Outlook (WW31FY2017)
Saturday, July 16, 2016
GBPUSD (18July-22July) Outlook
Weekly
Closed the week ,giving up half of the weekly gains on Friday failing to break Post-Brexit resistance @1.348xx [Range1 Upper Band].
Daily
Friday close below 1.3200 [Range1 Lower Band] signals weakness in Bulls.
Price may dive all the way to 1.303x or even to 1.290x.
My trading plan
Look for long only above Range1 Upper Band is broken
EP- 1.3500
TP- 1.3850-1.3900 Zone
SL- <1 .32="" font="">
Closed the week ,giving up half of the weekly gains on Friday failing to break Post-Brexit resistance @1.348xx [Range1 Upper Band].
Daily
Friday close below 1.3200 [Range1 Lower Band] signals weakness in Bulls.
Price may dive all the way to 1.303x or even to 1.290x.
My trading plan
Look for long only above Range1 Upper Band is broken
EP- 1.3500
TP- 1.3850-1.3900 Zone
SL- <1 .32="" font="">
GBPNZD (18July-22July) Outlook
Weekly
Closed the week with weaker bullish engulfing bar than GBPJPY signaling a trend change to bull bias. Confirm with next week candle.
Daily
Friday close formed a pinbar (very bearish) with highest volume for the week which i guess a profit taking event coupled with rate cut possibility from BOE.
Looking at the volume and situation last friday, we could expect it will retrace to Zone1[1.825-1.835] or even further to Zone2[1.795 to 1.805] next week (before 21July/ RBNZ).
My trading plan
Look for bull signal during the above-mentioned retracement.
EP- 1.825-1.835 and 1.795 to 1.805
TP- 1.885-1.930 Zone
SL- <1 .768="" font="">
Closed the week with weaker bullish engulfing bar than GBPJPY signaling a trend change to bull bias. Confirm with next week candle.
Daily
Friday close formed a pinbar (very bearish) with highest volume for the week which i guess a profit taking event coupled with rate cut possibility from BOE.
Looking at the volume and situation last friday, we could expect it will retrace to Zone1[1.825-1.835] or even further to Zone2[1.795 to 1.805] next week (before 21July/ RBNZ).
My trading plan
Look for bull signal during the above-mentioned retracement.
EP- 1.825-1.835 and 1.795 to 1.805
TP- 1.885-1.930 Zone
SL- <1 .768="" font="">
USDJPY (18July - 22July) Outlook
Weekly
Closed the week with bullish engulfing bar signaling a trend change to bull bias.
Confirm with next week candle.
Daily
Friday close formed a pinbar with highest volume for the week which i guess a profit taking event.
Looking at the volume and situation (monitoring Abenomics rumors/news) last friday, we could expect it will retest 104.xx-103.xx zone next week.
My trading plan
Look for bull signal during the above-mentioned retracement.
EP- 103.xx-104.xx
TP- 107.xx-108.xx
SL- <102 .xx="" font="">
Closed the week with bullish engulfing bar signaling a trend change to bull bias.
Confirm with next week candle.
Daily
Friday close formed a pinbar with highest volume for the week which i guess a profit taking event.
Looking at the volume and situation (monitoring Abenomics rumors/news) last friday, we could expect it will retest 104.xx-103.xx zone next week.
My trading plan
Look for bull signal during the above-mentioned retracement.
EP- 103.xx-104.xx
TP- 107.xx-108.xx
SL- <102 .xx="" font="">
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