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- cabletrader5 replied Oct 14, 2019
USDCAD could reject from the current area for a potential short down to the ascending trend line.
- cabletrader5 replied Oct 13, 2019
NZDUSD has traded back into the 61.8% fib area pulled from the most recent swing high and low, price may reject this area and continue to the downside. I will need to see a break of the ascending trend line before short trades can be considered. A ...
- cabletrader5 replied Oct 13, 2019
NZDJPY is forming a wedge pattern near the bottom of a descending channel, I will wait for price to break out of this wedge pattern one way or the other before considering long or short positions.
- cabletrader5 replied Oct 13, 2019
NZDCHF remains sideways, I will stand aside until a break one way or the other.
- cabletrader5 replied Oct 13, 2019
NZDCAD has broken to the down side after multiple wick rejections from the 0.8420 area and broken recent swing low support. I will wait for a retest and rejection of this area to look for shorting opportunities down to the recent swing lows.
- cabletrader5 replied Oct 13, 2019
GBPUSD has rallied creating a higher high and coming off a higher low. Price has closed just above the monthly level and the 200 EMA. I will watch price action at this area for a pullback into the monthly level and a rejection that could lead to ...
- cabletrader5 replied Oct 13, 2019
GBPNZD has rallied and broken out of a longer term descending trend line. Price has paused at a level of previous resistance and forming what could be a double top. For long opportunities I will wait for a break and retest of the most recent swing ...
- cabletrader5 replied Oct 13, 2019
GBPJPY has rallied creating a higher high and coming off a higher low. I will wait for price to pull back to the area of the previous swing high and the monthly level, look for a rejection from this area and a long opportunity to take up to the next ...
- cabletrader5 replied Oct 13, 2019
GBPCHF has rallied and cosed above the previous swing high, the montly level and the 200 day EMA, I will look for a pullback to the monthly level and a rejection to look for long opportunities.
- cabletrader5 replied Oct 13, 2019
GBPCAD has rallied and taken out the previous swing high, however price rejected off the ascending channel trend line and closed just below to 200 day EMA. Strong Canadian unemployment numbers came out Friday and caused a pause in the rally and a ...
- cabletrader5 replied Oct 13, 2019
GBPAUD has rallied to the upside creating a higher high and coming off a series of higher highs and higher lows. Price rallied up to the monthly resistance and closed just below that level. From here I will wait for a pull back, possibly into the ...
- cabletrader5 replied Oct 12, 2019
EURUSD has broken above a descending trend line and approaching the recent daily swing high. For long opportunities I would need to see a break and retest of the recent swing high for a potential move back up to the monthly resistance level and ...
- cabletrader5 replied Oct 12, 2019
EURNZD is trading just below a monthly resitance level and the top range of an overall ascending channel. Price is curretly being squeezed in this area and can be seen with the wedge pattern develping. I will wait to see what direction price breaks ...
- cabletrader5 replied Oct 12, 2019
EURJPY has rallied into an area that has rejected price previously. Price has come from a higher low. Price can either reject this area or continue to make a higher high, there is also a descending trend line in play here also, a rejection from this ...
- cabletrader5 replied Oct 12, 2019
EURGBP has had a huge sell of breaking an ascending trend line and closing just below a monthly support level. Will let price action settle down and see what develops after this move, I would suspect a move back upto the middle of the monthly supprt ...
- cabletrader5 replied Oct 11, 2019
EURCAD has rejected from the 1.4700 zone multiple times over the last several weeks, also trading below a descending trend line and most recently broke daily support. Looking at the 4 hour time frame a retest of the 1.4583 area and rejection could ...
- cabletrader5 replied Oct 11, 2019
EURCHF has broken above a recent swing high creating a higher high, also coming off a higher low. Currently trading in the middle of the monthly range and in the middle of a descending channel. Will watch price action on the 4 hour time frame for a ...
- cabletrader5 replied Oct 11, 2019
EURAUD has been trading sideways for a couple weeks, putting in what could be a double top at a monthly resistance level. Price is currently at daily support and at the 18 and 50 EMA's. Will watch for a potential rejection of this area, or a break ...
- cabletrader5 replied Oct 11, 2019
CADJPY has made a strong move up, fueled by todays better than expected Canadian unemployment numbers, and Yen weakness. Price is coming off a higher low and also made a higher high. As price approaches the monthly resistance level will watch for a ...
- cabletrader5 replied Oct 11, 2019
AUDUSD has traded up to the daily 50 EMA coming off of a notable support zone. Will see how price reacts at the daily 50 EMA and this is also at daily resistance. Will watch 4 hour time frame for a break and retest of this level for a possible move ...