AUD: 74217 – 73293 is a significant Support Zone which we believe would hold prices up. A break below that zone negates our buy bias. We want to look at price action around this area to support the bullish bias. We have a Bullish Railroad track on 74217 on the Daily Chart, So long price stays above that level we will look for buy trades.
BIAS: Bullish. Buy @ 74217-74445.
CAD: Bullish trend still in place on the USDACD, Price is above the 1.32527 – 1.33231 Key Support Zone. We have an intermediate support zone at 1.3400 area. I will be looking at 1.34500, 34368 and 34084 area especially.
BIAS: Bullish. Buy @ 34368-34084
CHF: Seems price is heading for 0.95246. We have to see 96486 get taken out for us to say price is heading for the 95246 area, otherwise we should see a buy from 96486. That is the zone to watch out for.
BIAS: Bullish. Buy @ a break and retest above 0.96486
EUR: Price is at a 7 month high, it is clear that the bulls have some things up their sleeves. A clear break of the 1.12756 will open price up to the 1.13600 area. Although price has taken out a significant zone at 1.11200, we need to see the 1.12756 taken out for the bulls to still continue the ascent.
BIAS: Bearish. Sell @ 1.12756
GBP: Strong bullish trend in force. Clear break above the Post-Brexit Dec 4th High @ 1.27691. We look to buy at 1.28543 – 1.29089, especially 1.28543
BIAS: Bullish. Buy @ 1.28543
JPY: Price Below July 2008 High @ 110.785, We need price to clear the intermediate S-Zone @ 110.100 for the bear trend to continue.
BIAS: Bullish. Buy @ 110.100.
NZD: We still see the Kiwi on a downtrend. A Break of the 71792 – 71068 which is the 1996 high will negate out bearish bias. We will be looking at shorting the Kiwi from the 71442/71792 area.
BIAS: Bearish. Sell @ 71792-71442.
XAU: Clear Bullish trend, No clear entry on this one will let it pass.
EURAUD: Bearish trend in place. The bulls testing the bearish mettle, the 1.51928 – 1.49913 is a defining point, a break above the upper-bound will could negate the bear trend and open up for bullish continuation, break below the lower bound will see the bearish trend continue. Our major focus will be on 53210~51928, bearish price action would mean a sell continuation.
BIAS: Bearish. Sell @ 53210-51928.
EURGBP: Bearish trend still looks in place, 2013 R-Zone @ 88173~87719, we look to sell @ 87719 a break above will open up the 88173 area.
BIAS: Bearish. Sell @ 88173.
EURJPY: This is the defining zone 125.822~124.009, a break of the upper-bound means continuation to the upside, break below means bearish trend continuation, we look to sell from 125.822.
BIAS: Bearish. Sell @ 125.822
EURNZD: The 1.63328 Resistance area is still holding up, this could mean the Bearish trend still remains, nevertheless with the strong bodied monthly candle for APRIL & MAY one can only suffice to say that the bulls may challenge that high. We will be looking at the 1.5800 area to hold support for the uptrend to remain in place, else we see a bearish trend continuation.
BIAS: Bullish. Buy @ 1.57700~1.5700
GBPAUD: Possible breakout of the 1.72232, Could possibly mean a change in bearish trend to bullish, a break above 1.76737 would mean the Bull trend is in force. We look to buy between 72845~72232.
BIAS: Bullish. Buy @ 72845~72232.
GBPCAD: Looking like a retracement. Price around the R-Zone @ 75318, A clear break below the 73510 area would mean further selling pressure, if price remains above the 73510 area we look to buy.
BIAS: Bullish. Buy if price stays above 73510
Sell if price breaks below 73510.
GBJPY: Double-Top on the Monthly chart @ Previous Low in Sept 2000 @ 147.990, this could portend a further sell-off and downtrend still in place. We will be looking at the 142.900 for a possible sell continuation, otherwise we look to buy around that area.
BIAS: Bearish. Selling if price stays above 142.900.
AUDNZD: Bearish trend in force but Price right now at a KEY-S Level @ 1.04271 which is the December 2005 Lows, We look to buy from that zone also putting into consideration the 1.03750 seeing that price has been drawn to that point
BIAS: Bullish. Buy if price stays above 1.04217~1.03750
AUDCAD: Significant R-Zone @ 1.00634, But buying pressure on 0.99409 could cause a turn-around in Trend. On a break below 0.99409 we sell, On a break above 1.00634 we buy.
BIAS: Bullish. Buy if price stays above 1.00634
Bearish: Sell if price breaks below 0.99409.
GBPNZD: Clear downtrend in place, bullish reaction seen on the Monthly chart, price above significant zone @ 1.76807. We have had a retest of the 1.87942 area,
BIAS: Bullish. Buy if price stays above 1.79749~1.79240.

chuks obiri
chuks_obiri@yahoo.com