Category Archives: Forex

GBPJPY – Potential Bullish Butterfly


Click here to view the chart. – Potential bullish butterfly emerging on the 4 hour time frame – Could reverse off Zone 1 (previous demand zone 1) – in that case it wouldn’t be a valid butterfly. – Reversing  off … Continue reading

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GBPUSD – Approaching Resistance (Supply Level)


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EURAUD Update


Original post – click here. EURAUD chart as of Aug 3, 2012 – click here. EURAUD chart as of Aug 10, 2012 – click here.

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AUDJPY, AUDUSD, CADJPY, EURAUD, EURCAD, EURJPY, EURUSD, NZDUSD, USDCAD, USDCHF – Various entry levels


Various levels on multiple currency pairs.  Some of them might not get hit for a while. AUDJPY – chart AUDUSD – chart CADJPY – chart EURAUD – chart EURCAD – chart EURJPY – chart EURUSD – chart NZDUSD – chart … Continue reading

Posted in AUDJPY, AUDUSD, CADJPY, EURAUD, EURCAD, EURJPY, EURUSD, Forex, Misc. Setups, NZDUSD, Support (Demand) - Resistance (Supply), USDCAD, USDCHF | 1 Comment

EURGBP – Potential Shorting Opportunities


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GBPUSD Approaching Supply Zone (Resistance)


Click here to view the chart. – GBPUSD approaching a supply zone – The Zone confluences with the 50% Fib Retracement of the  AB down move as well as the daily 100/200 EMA. – Observe price action around the zone … Continue reading

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NZDUSD Demand Zone (Support) – Daily Time Frame


Click here to view chart. Demand zone around the 0.7410-0.7370 area. Also possibly forming an ABCD pattern, with the zone confluencing with the  127.2 Fib Extn of AB & 127.2 Fib Retracement of BC. Would look for longs on lower … Continue reading

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AUDUSD – Demand Zone (Support)


Click here to view charts. – AUDUSD approaching a demand zone (support) on the daily time frame – .9715 – .9660.  Still around 130 odd pips away. – The zone also confluences with the 78.6% Fib Retracement of the AB … Continue reading

Posted in AUDUSD, Commodities, Fibonacci, Forex, Gold, Misc. Setups, Support (Demand) - Resistance (Supply) | Leave a comment

GBPUSD – Demand Zone


Click here to view charts. – GBPUSD approaching a demand zone (support) around the 1.6050-1.6035 level. This area also confluences with the 50% & 38.2 % Fib Retracements of the AB & CB up moves respectively. Would look to go … Continue reading

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EURUSD – Supply Zone (Resistance)


Click here to view chart. – EURUSD is approaching a supply zone (resistance) around the 1.3080-1.3100 level.  alos confluences with the 55 EMA. – Would look to  short if price reaches that area.

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