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THOUGHTS ON THE MARKET.

GBPNZD MACRO LEVEL

5/29/2019

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GBPNZD – Macro level on instrument breached.

Trend: Bullish

Key Levels: Resistance 1.9553 - 1.9540. 

Price Action: Price has failed to stay above key support & resistance. 
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Notes: I will be considering a short play on this instrument if we trade back into key resistance at 1.9553.
Currently just monitoring for a pullback.
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EUR/AUD TECHNICAL ANALYSIS

5/27/2019

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EURAUD – Looking to sell Into strength whilst 1.6250 resistance continues to contain prices lower.

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Trend: Bullish

Key Levels: Resistance 1.6250

Price Action: Inside  Bar forms at 1.6250 resistance. Market structure breaks on the lower time frames.
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Notes: We will consider selling short on any pockets of strength towards resistance, targeting a move back to the low at 1.600 and then potentially lower.

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EUR/AUD Technical Analysis

5/14/2019

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Daily
Hourly
The Set Up
EURAUD – Looking to sell a break and return to key high.

​Trend: Bullish

Key Levels: Resistance 1.6120

Price Action: Looking for fake out price action above key high and then quickly trap buyers. 
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Notes: We will consider selling short on any pockets of strength towards resistance, targeting a move back to the low at 1.5855. 
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Update:  No break below and price has drifted higher. No trade triggered and currently flat.
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USD/JPY Technical Analysis

5/14/2019

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USDJPY – Look To Buy Into Weakness Whilst Price Remains Above Support.

Trend: Bearish HTF
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 Key Levels: Support 109.55 intraday 

Price Action: Quick spike below and back above key level indicates to me we may bounce short term.

Notes: The bias is bearish overall but I'm expecting some relief rally's at this level, I will be Buying into Weakness whilst price is trading above this important price zone.
Targeting a move to fill gap.
UPDATE
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    Dominic James

    Technical based trader sharing my thoughts

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