Hello traders: Been receiving many inquiries about AUDJPY, on the potential bearish bias of the price action. I have sharing many forecast and analysis on AUDJPY, but it seemed price has yet to commit to the downside. This is something that I haven't experience before where there's a consolidation period of the price, and the market is just getting ready for...
hi traders: Similar like AUDUSD I just shared, NZDUSD is following the same bearish development as well. From my previous outlook and forecast, Price hit the double tops, reversal impulse down, and formed continuation correction to drop more. Now that price has a short...
Hi traders: I was not active for about since last week, took a much needed vacation and mini-getaway. Now I am back and seeing some good development of the price. Here on AUDUSD, from my previous outlook and forecast from the top, price indeed pushed down aggressively, and now is at...
Hi traders: Also looking at EURAUD for more downside opportunities. We can see from previous forecast and analysis, price completed the continuation correction, and strong bearish impulse down, broke the previous lows. After such strong move, naturally price needs to correct in order to continue. We did see a lower time frame ascending channel, smaller H and...
Hi traders: AUDCAD has managed to reversal impulse out of the descending channel from the bottom, good signs of further upside. From my previous outlook, price did managed to continue higher and is now out of the descending structure. Such a strong impulse move to...
Also dropping is GBPNZD as we can see from the top of the structure, double top, reversal price action and indeed the bearish impulse move down. Price is now at the bottom of the higher time frame structure, and is possible to continue downside, if a...
Similarly, we can see the strong bearish move on GBPAUD from the top of the ascending structure. From the double tops, smaller ascending channel, price reversed down impulsively like I pointed out from the previous outlook. Now that price has broken out impulsively,...
Hello traders: EURNZD has managed to drop impulsively the last few weeks. We can see from the top of the expanding structure, with a double top, ascending channel reversal, price indeed impulse down aggressively like my previous forecast. Now that price has reach...
hello everyone: Similar like AUDUSD, I have been sharing NZDUSD forecast for possible sell. They continue to move up correctively, but it doesn't void the potential bearish development from the price. Now we can see the ascending structure continue to evolve and develop, more bearish bias are formed within. The latest development show smaller ascending...
hi traders: I have been sharing lots of AUD/NZD USD forecast in the last few weeks. Most of them have not develop or commit to the downside. This time around, we are finally seeing some bearish development of the price. We can see price is at the top of the overall price action again, and smaller, lower time frame ascending channel, correcting the price. We...
Hi traders: Similar like ETH, I do see BTC is likely to make another short term down move, to complete the bigger structure on the higher time frames, and resuming the bullish trend. Price is currently within a consolidation after a bearish move down. ITs likely this can be a lower time frame, bearish correction to give the price one more move down, to the...
Hello everyone: Been looking at ETH on the higher time frame perspective, and its shaping up for some big move to the upside. Price has been moving down since end of 2021, and it has made several impulses and corrections on the lower time frames to be able to push down the price. Now we are getting close to previous lows, and higher time frame suggest a bigger...
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Hello traders: Still keeping an eye on AUDJPY, as price has moved up to the top of structure once again. This time, the larger structure has evolved and create a potential double tops and smaller, lower time frame ascending channel within. If price can reverse impulse out, follow by continuation, it can confirm more downside move from the overall move. Thank you
Hello traders: Similar like GBPUSD, we can see more bearish price action from other GBP pairs as well. Here on GBPJPY, from my previous forecast and analysis, price did indeed push down impulsively, broke previous lows. After, price started to consolidate and form correctional structure. This is always a good sign for further continuation price action, if...
Hi traders: We are also seeing GBP pairs continue to get weaken, and more downside opportunities are shaping up on GBPUSD. From my previous GBPUSD forecast, price indeed formed a reversal correction, and a bearish impulse phase pushing the price down. After, price has consolidated again, this is a good signs of continuation price action once the correction...
Hi traders: Last forecast and analysis on NZDUSD, we did see the bearish push down from the price, but similar like AUDUSD, we didn't see the price continue down more. Instead, we see price correctively move up again in a correctively ascending channel. Latest development we saw some reversal structure within the ascending channel. Now we can wait for...
Hi traders: Last forecast on AUDUSD was able to pushed down the price to the previous lows, but didn't continue down further. After some corrective price action, the price moved up to the top again. We see a lower time frame double tops, and an ascending structure, looks clean for a possible bearish reversal again. Watch for price to commit to the downside...