Monday, November 25, 2013

131125 usdcad


USDCAD going for a retracement to 1.0500? for a trendline retest?

Friday, November 22, 2013

131122 usdsgd


USDSGD 1H three drive formation? targets the broken trend line possible at 50%. 61.8 and 72.4% retracement. Red horizontal line is the 61.8 retracement.

Tuesday, November 19, 2013

131119usdsgd


USDSGD H1 showing a hammer formation, near the support. Bounce off 200KAMA, is encouraging for bulls.

looking for price confirmation and move into the wick to go long.

Thursday, November 14, 2013

131115 USDSGD


USDSGD on the 15min chart need to bounce here or test and bounce against 1.2474 to continue to upside.



USDSGD in the H1, bounced at trendline retest + 61.8 retracement of Wednesday upmove. above 1.2490, head look to top of channel.

USDSGD 131114


USDSGD looking to go long on retest of trendline 38.2 retracement @ 1.2475 for possible inverted head and shoulders formation.

Wednesday, November 13, 2013

EURJPY USDJPY 131114

A look at the jpy pairs

EURJPY

eurjpy on the daily very extended as we all know, jpy pairs have been skyrocketing.


On the daily, we can see a possible break and retest of the broken trendline at 134.50. To form a possible head and shoulders top. Risk above the highs.

USDJPY

Could be forming a double top. Pullback has been minimal, so be cautious.

AUDUSD 131114

AUDUSD currently forming an inverted hammer on the H4, could be a retest of trendline break turned support to go the channel resistance + weekly pivot + 38.2 retracement + previous support @ 0.9420.