Community
Blog
Ucef's Blog

Ucef's Blog

Avatar

Long term bias is still short on USD/JPY

Ucef Posted 29 Feb. as Analysis on USD/JPY, Target: 114.30, Date: 1st of April, 12:00 GMT  in #Technical analysis #Resistance #USD/JPY #Breakouts #Levels #Retracement #Upward Channel #Support Zone #Trendlines #Channel Breakout #Longer Term Uptrend
Daily Vision

The USDJPY was indecisive last week formed a Doji on weekly chart. The bias is neutral in nearest term but as long as stays above 114.70. I still prefer a bullish intraday scenario at this phase targeting 114.10 region.
Immediate resistance is seen around 114.78. A clear break and daily close above that area could trigger further bullish pressure testing 113.96 region. Immediate support is seen around 113.30 .
A clear break below that area could trigger further bearish pressure whi…
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

Leave a comment
orto leave comments
Avatar

Long term bias is still short on GBPUSD

Ucef Posted 31 Jan. as Analysis on GBP/USD, Target: 1.4004, Date: 1st of March, 12:00 GMT  in #Technical analysis #GBP/USD #Resistance #Support Line #Fibonacci Levels #Upward Channel #Channel Breakout #Longer Term Uptrend
Daily analysis
GBPUSD opened the week at 1.4215 and touched a low of 1.4275 . It was all uphill for the pair, which hit a high of 1.4212, putting strong pressure on resistance at 1.4296, GBPUSD closed the week at 1.4227. With the pair posting sharp gains last week, we begin with a top level at the round number of 1.4258. The round number of 1.4265 was a swing low and remains of importance. 1.4256 was the high and a key resistance line. 1.4212, which was a swing low, has switched to resistance. I…
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

Leave a comment
orto leave comments
Avatar

Long term bias is still long on AUD/USD

Ucef Posted 31 Oct. as Analysis on AUD/USD, Target: 0.7300, Date: 1st of December, 12:00 GMT  in #Technical analysis #Resistance #Patterns #AUD/USD #Breakout #Bulish #Harmonic Trading #Reversal Pattern #Longer Term Uptrend
Daily analysis

My long term bias is still long on this pair.
The structure seems to be finished now, we have a nice corrective channel at the 0.61 fib retracement.
From the EW perspective i think this is a series of 1-2s.
A potential target is at the minor rising channel shown on chart currently around 0.6975.
0.7295 should remain intact for this scenario to remain favored for me.
weekly analysis

After completing a retest towards the potential reversal zone I outlined in my previous analysis…
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

Leave a comment
orto leave comments