GBP/JPY’s break of 150.97 minor support argues that rebound from 148.93 might have completed. Intraday bias is back on the downside for 149.03 key support again.
Firm break there will carry larger bearish implications. On the upside, firm break of 152.82 will suggest that correction from 156.05 has completed, and turn near term outlook bullish for retesting this high.


Intraday bias in EUR/JPY remains on the upside for 130.73 resistance. Firm break there will argue that correction from 134.11 has completed and turn near term outlook bullish for retesting this high.
On the downside, break of 129.36 minor support will turn bias back to the downside for retesting 127.91 instead.


EUR/GBP’s rebound from 0.8448 resumed by breaking 0.8612 resistance. Intraday bias is back on the upside for 0.8668 key structural resistance next.
Sustained break there will be a strong sign of larger bullish reversal. Next target will be 161.8% projection of 0.8448 to 0.8612 from 0.8499 at 0.8764


Intraday bias in EUR/AUD is turned neutral for the current recovery. On the upside, above 1.6232 will resume the rebound to retest 1.6434 high. Overall, rise form 1.5250 is still in favor to continue as long as 1.5898 support holds.
However, sustained break of 1.5898 will argue that whole rise from 1.5250 has completed, and turn near term outlook bearish.

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Thursday 30th September, 2021

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Friday 1st, October 2021

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BTC Weekly Candle Forming A Bullish Engulfing....

The Last Time We Had Weekly Bullish Engulfing Candle Close, We Saw A 49.40% Rally...

If We See Another 49.40% Rally After The Bullish Engulfing Confirmation Then 79K BTC Is Certain In The Coming Weeks �

Monday 4th, October 2021

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Tuesday 5th, October 2021

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Kaesyrn:
BTC Weekly Candle Forming A Bullish Engulfing....

The Last Time We Had Weekly Bullish Engulfing Candle Close, We Saw A 49.40% Rally...

If We See Another 49.40% Rally After The Bullish Engulfing Confirmation Then 79K BTC Is Certain In The Coming Weeks �

"BTCUSD > $50K"

Wednesday 6th, October 2021

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Daily Trading Nugget

I need a good trading edge…
As Mark Douglas says, one of the first things you need to learn as a trader is how to put the odds of success in your favor. In other words, you need a high-probability trading edge. But, remember, a trading edge is simply a higher probability of one thing happening over another, over a SERIES of trades. It is not a guarantee you will make money in the markets. You need to combine that trading edge with the proper mental skills…

-NialF

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Kaesyrn:
BTC Weekly Candle Forming A Bullish Engulfing....

The Last Time We Had Weekly Bullish Engulfing Candle Close, We Saw A 49.40% Rally...

If We See Another 49.40% Rally After The Bullish Engulfing Confirmation Then 79K BTC Is Certain In The Coming Weeks �

#BTC > $54,500

Thursday 7th, October 2021

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Intraday bias in EUR/USD remains on the downside at this point...
The decline from 1.2348 high is in progress and should target 1.1289 medium term fibonacci level. On the upside, break of 1.1639 resistance is needed to indicate short term bottoming...
Otherwise, outlook will stay bearish in case of recovery.


Intraday bias in GBP/USD remains neutral first...
On the upside, above 1.3646 will resume the rebound from 1.3410 short term bottom for 1.3749 resistance first, which is close to 55 day EMA (now at 1.3730)...
On the downside, though, below 1.3530 minor support will retain near term bearishness, and turn bias back to the downside for 1.3410 low...
Firm break there will extend the fall from 1.4248 and target 1.3164 medium term fibonacci level next.



USD/CHF is staying in range below 0.9367 and intraday bias remains neutral first...
As long as 0.9214 support holds, further rally is in favor...
On the upside, break of 0.9367 will resume the rise from 0.8925 to 0.9471 key resistance next...
On the downside, however, break of 0.9214 will turn bias back to the downside for 0.9017 support again.



USD/JPY is staying in range below 112.07 and intraday bias remains neutral first...
Another retreat cannot be ruled out, but downside should be contained by 110.44 support to bring another rally...
On the upside, above 112.07 will extend larger rise to 61.8% projection of 102.58 to 111.65 from 109.11 at 114.71 next...
However, break of 110.44 will dampen the bullish case and turn focus back to 109.11 support

Friday 8th, October 2021 (NFP)

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Monday 11th, October 2021

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Tuesday 12th, October 2021

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Thursday 14th, October 2021

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Intraday bias in EUR/USD is turned neutral again with current recovery. Further fall is still in favor as long as 1.1639 resistance holds.
Break of 1.1523 will resume larger fall from 1.2265 to 1.1289 medium term fibonacci level next.
On the upside, break of 1.1639 resistance, however, will indicate short term bottoming. intraday bias will be turned back to the upside for stronger rebound.



GBP/USD’s rebound from 1.3410 resumes by breaking 1.3672 temporary top, and intraday bias is back on the upside. Sustained trading above 55 day EMA (now at 1.3717) will target 1.3912 key structural resistance next.
On the downside, however, break of 1.3567 minor support suggest that rebound from 1.3410 has completed, and fall from 1.4248 is ready to resume. Intraday bias will be turned back to the downside for 1.3410 and below.


USD/CHF’s decline from 0.9367 extends lower today and the break of 0.9214 support argues that rise from 0.9017 has completed at 0.9367. Considering bearish divergence condition in daily MACD.
The rise from 0.8925 might have finished too. Intraday bias is back to the downside for 0.9162 support first. Firm break there will target 0.9017 support next. On the upside, break of 0.9312 support will bring retest of 0.9367 resistance instead.


Intraday bias turned neutral as USD/JPY lost momentum again. Some consolidations could be seen but downside of retreat should be contained above 112.07 resistance turned support to bring rise resumption.
On the upside, break of 113.79 will extend the larger up trend from 102.58, and target 61.8% projection of 102.58 to 111.65 from 109.11 at 114.71. Firm break there will target 100% projection at 118.18 next.

Friday 15th, October 2021

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Monday 18th, October 2021

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Intraday bias in GBP/JPY remains on the upside at this point. Current up trend from 123.94 should target 61.8% projection of 136.96 to 156.05 from 148.93 at 160.72 next.
On the downside, below 155.32 minor support will turn intraday bias neutral and bring consolidations first, before staging another rally.


Intraday bias in EUR/JPY remains on the upside at this point. Rise from 127.91 should target retesting 134.11 high first.
Firm break there will resume larger up trend from 114.42. Next target is 61.8% projection of 121.63 to 134.11 from 127.91 at 135.62.
On the downside, below 131.48 minor support will turn intraday bias neutral and bring consolidation first, before staging another rally.


Intraday bias in EUR/GBP stays on the downside at this point. Current fall from 0.8656 is part of the larger down trend from 0.9499. Deeper decline would be seen towards 0.8276 key long term support next.
On the upside, above 0.8485 minor resistance will turn intraday bias neutral and bring consolidations first. But overall, outlook will remain bearish as long as 0.8656 resistance holds.



Intraday bias in EUR/USD remains neutral for the moment. Further decline is still in favor as long as 1.1639 minor resistance holds. Break of 1.1523 will resume larger decline towards 1.1289 medium term fibonacci level.
On the upside, break of 1.1639 resistance, however, will indicate short term bottoming. intraday bias will be turned back to the upside for stronger rebound, to 55 day EMA (now at 1.1712).

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Tuesday 19th, October 2021

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Wednesday 20th, October 2021

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Thursday 21th, October 2021

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Friday 22th, October 2021

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Tuesday 26th, October 2021

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Wednesday 27th, October 2021

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Thursday 28th, October 2021

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Friday 29th, October 2021

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MONDAY 1st, November 2021

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