GBPCHF

Which Instrument & Time Frame? As shown in the chart above, the GBP/CHF  on a 1Hr chart at the time of analysis was trading at the 1.2616 area. Which direction? Overall, based on the three time frames; 1Hr, 4Hr & the Daily chart, this pair appears to be strongly Bearish. What pattern? From a ‘Geometric ’pattern’s perspective, a Be...

2016-08-11 Kenny Simon Read more
GBPUSD

Which Instrument & Time Frame? The GBP/USD on a 1Hr chart is currently trading at the 1.2988 area. Which direction? Overall, based on the three timeframes; 1Hr, 4Hr & the Daily chart, this pair appears to be strongly Bearish. What pattern? From a ‘Geometric ’pattern’s perspective, a Bearish ‘ABCD’ pattern is believed to have forme...

2016-08-11 Kenny Simon Read more
USDCAD

Which Instrument & Time Frame? As shown in the chart above, the USD/CAD on a 1Hr chart at the time of analysis was trading at the 1.3065 area. Which direction? Overall, based on the three timeframes; 1Hr, 4Hr & the Daily chart, this pair appears to be modestly Bullish. What pattern? From a ‘Geometric ’pattern’s perspective, a Bull...

2016-08-10 Kenny Simon Read more
Gold

Which Instrument & Time Frame? As shown in the chart above, the GOLD on a 1Hr chart at the time of analysis was trading at the 1332.42 area. Which direction? Overall, based on the three timeframes; 1Hr, 4Hr & the Daily chart, this pair appears to be moderately Bearish. What pattern? From a ‘Geometric ’pattern’s perspective, a Bear...

2016-08-09 Kenny Simon Read more