pro4Xtrader

Obviously Moon has a huge impact on human behaviour and it has its' cycles. But I found it hard to establish a pattern that can be used effectively for trading.

Well at least technically it looks very good investment over the next 3 years. We'll see

Break above the channels confirms bullish sentiment. GBPAUD could be reaching 2.0000-2.0010 area shortly.

I use cycles to stop the timing of entry, works pretty good if you do it right way

While NZDJPY found the support it could be now growing, growing fast. The channel angle as well as cycle analysis suggest a 300 pip rise by the beginning of June.

CHFJPY rejected the key support area. Cycle up is still intact and the uptrend should be ending in the beginning of June. Target area is around a psychological round number 1.33

The double top does indicate on the potential correction or a reversal to the downside. According to Fibs time zone the dowside target should be reached pretty fast, where cycle crosses with the trend line and previous support level.

AUDUSD broke below the uptrend trendline suggesting further decline. Target is located near previous support as well as previous resistance near 0.7750 area.

AUDCHF could be getting back to the significant support area near 0.7330. cycles suggest that the downside target could be reached as fast as tomorrow. Besides prise moves within the acceding channel without breakouts till this point.

While NZDCAD broke above the descending channel it could provoke another extension up towards 0.9070 area where the 23.6% fibs is crossing with the downtrend trendline. The trendline itself should act as a resistance. In addition, cycles point to the time where fibs and trendline is crossing.

The biggest problem is the mentality of people. We do not value things that must be valued but all we think about is to how to make money. We are growing with the mentality "how to get money" instead of "how to become a better person" and this is the biggest problem. On the other hand this atmosphere is created for us.. we are left no time to even think about what is happening aound

If EURNZD manages to hold current resistance, with the weekly close below 1.5316, it is very likely correction down will follow. First target could be 1.5000 as a round psychological level. However there is technical resistance as fart as 1.4680 at the 23.6% level.

USDJPY has rejected a long term uptrend trendline signalling on a potential strength. While 118 level is not penetrated, buyers will dominate, potentially pushing price once again up to form a triple top. Cycles suggest the beginning for the upswing in the next couple of days. At the same time our longer term view suggest a strong correction down once/if USDJPY reaches triple top area.

AUDCAD clearly moving within the ascending channel. Recent bounce of the top of the channel suggest a correction down towards 0.9525 area. Cycle analysis indicates that corrective wave could end on the 18th of May.

GBPCHF bounced off the support at 1.4350 level, forming a local double bottom. Cycle analyses suggest that 3 SELLs could be followed by 3 BUYs. Currently pair is entering the first buying cycle.

What it seems to be that EURUSD is rejecting the ascending channel that could invite sellers in a short while. Cycles support the idea of the EUR being at or near the top of it's cycle. If we hold current resistance I'd expect EURUSD to return to the major technical as well as psychological support around 1.1000.

I didn't go for the trade, its a bit too long for me but If I would, the stop loss should have been just below the low at 1130.

I think it would be more productive to trade alone since no one is interrupting with your decisions that sometimes have to be made fast. On the other hand looking at other scenarios could point out to something you were missing.

There is an alternative scenario I found online

NZDUSD bouncing of the channel that could trigger another wave down, Next buying cycle in two weeks and I'd expect NZDUSD to hit 0.7280 by this time.

this is how i see it

There my latest version of the GBPAUD scenario, according to which it could have a swing up of over 600 points

With the beginning of a new cycle GBPAUD could have a strong rally up.

This is quite a long term outlook on Gold but still looks interesting. According to my cycles we could see a steady growth on gold for years from this point.