Price has since seen accumulation come in at the the most significant demand zone on the weekly chart from 08. image A few notes worth bearing in mind. Technically upper trendline test likely. Weekly R1 turned support yesterday. Monthly R1 ...

EUR/GBP - What a great pair to trade!

You sound very sure Zappa, what would be your reasoning for a move back down to 0.8190?

EUR/GBP - What a great pair to trade!

Here is an update on AZD/NZD which recently put in a reaction at the long term low. Could this lead to a mid term shift in sentiment in this pair or some volatile consolidation as the cycle ends? I am not sure but currently targeting 1.12, if we see ...

Medium & Long Term ONLY

I have not been watching this pair personally but here are some thoughts on the current price level. image Since the major move from 2008 to 2012 completed the pair has reacted nicely to the fib levels as seen on the chart. A bounce off 38.2% ...

Medium & Long Term ONLY

This is a great pair for longer term trades due to it's cyclic nature. When price is in freight train mode and moving at a seemingly unstoppable pace it is easy to forget that retracements can be just as powerful. A simple logical approach to ...

Medium & Long Term ONLY

Another chart worth noting. potential bottoming out in EUR/NZD image

Medium & Long Term ONLY

Approaching significant support zone. image

EUR/GBP - What a great pair to trade!

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Oktoberfest Nightclub

EUR-GBP This is as a real "No brainer", the area of consolidation from 04'12 to 12'12' is what the great BillyRayValentine refers to as a bucket! Personally I quiet like the term. Untested and lies on 50% fib, I noticed this possibility earlier in ...

Medium & Long Term ONLY

GBP/JPY and GBP/AUD update These two pairs are rocketing so I thought I would update my entry strategy. There is a good chance any mid term pullback will not go further than the 23.6% Fib retrace of the recent uptrends in both pairs. My first ...

Medium & Long Term ONLY

I thought I would add another possibility for the pound that is worth considering bearing in mind the market priced the pound at 1.48 only five months ago and now it's testing the upper region of the longer term range. A test and more demand ...

Medium & Long Term ONLY

Here is another level I would like to see hit! image

Medium & Long Term ONLY

I am sure we are all aware of the battering AUD has incurred paired against it's oceanic rival. The pair now at 1.08 is firmly entrenched at long term historic lows, 1.1 being the the support floor ever since the pair began to trade on the open ...

Medium & Long Term ONLY

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Bitcoin technical analysis

I have chalked up 180-184. Have you seen my recent post on the GPY/JPY? Here is the link. url Currently I am looking to find a good entry trading up into 180.

Medium & Long Term ONLY

Hello I have a mid-long term target of 180-184 for this pair. 184 being the 50% fib retrace of the large downtrend from 2007. Currently price has hit the 38.2% fib and reached the top of a rising channel as marked on the chart below. It is also ...

GBP/AUD

I am glad you posted this chart, I have been looking at the very same area recently. I agree the area cerca 110 you have marked on the chart is a significant supply zone and could represent a good opportunity. I see price advancing to that area IMHO ...

Medium & Long Term ONLY

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Bitcoin technical analysis

Hello BBK GBP-AUD is in a nice gentle up channel on the weekly, bearing in mind this pair regularly moves between 500-1000 pips a week. 1.75 IMO is very likely to hold if it is tested! If that is the case we could see an acceleration in price ...

Medium & Long Term ONLY

A minor correction of around 500pips to new support at the 1.75 area sounds reasonable. Any falls lower than this (providing current market drivers remain valid) will provide good opportunities to take longer term positions targeting 1.9 - 2.0. A ...

GBP/AUD