AUD/USD Bull-Flag Breakout in the Works

To receive Michael’s analysis directly via email, please SIGN UP HERE AUD/USD Daily Chart Technical Outlook: AUDUSD rebounded off confluence support today at the lower parallel of this formation extending off the May & June lows. Note that this level also converges on the 50-line of the broader 2016 pitchfork formation. Join Michael on Friday […]

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EUR/GBP Pending Bearish Breakout

Market Condition: EUR/GBP Pending Breakout Target 1:______2X ATR at .8189 Target 2:______4X ATR at .8065 EUR/GBP, Daily Chart with ATR (Created Using IG Charts) The EUR/GBP has retraced off of its yearly lows with week, allowing traders to plan for the markets next breakout. As seen on the daily graph above, traders may plan for […]