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RichieCurrency has taken 22nd place in Trader Contest Jan 2018

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RichieCurrency has taken 27th place in Trader Contest May 2017

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RichieCurrency has taken 10th place in Trader Contest Aug 2016

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NZD/USD: The nearest resistance is around 0.73950

NZD/USD: The nearest resistance is around 0.73950
Most Likely Scenario: Long position above 0.73950 with targets @ 0.77400 in extension. Stoploss at 0.73090.
Alternative Scenario: Below 0.73950 look for further downside with 0.169780 as target.
Comment: the Stochastic ( 5, 3, 3 ) of NZD/USD on daily chart tend to go up.
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AUD/USD Continue in downtrend

AUD/USD Continue in downtrend
Most Likely Scenario: Short position below 0.76120 with targets @ 0.74420 in extension
Alternative Scenario: Above 0.76120 look for further upside with 0.77480 as target. Stoploss at 0.75700
Comment: the Stochastic ( 5, 3, 3 ) of AUD/USD on daily chart tend to go down.
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EUR/USD: Stochastic tend to go up from oversold area

EUR/USD: Stochastic (Daily chart) tend to go up from oversold area

Most Likely Scenario: Long position above 1.11678 with targets @ 1.12447 in extension. Stoploss at 1.11488.
Alternative Scenario: Below 1.11678 look for further downside with 1.10735 as target. Stoploss at 1.11755.
Comment: the Stochastic ( 5, 3, 3 ) of EUR/USD on daily chart tend to go up.
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EUR/USD : The stochastic (5,3,3) tend to down

EUR/USD : The stochastic (5,3,3) tend to down
Most Likely Scenario: Short position below 1.11299 with targets @ 1.10720 in extension
Alternative Scenario: Above 1.11299 look for further upside with 1.12089 as target. Stoploss at 1.11259
Comment: the Stochastic ( 5, 3, 3 ) of EUR/USD on daily chart continue lower and The volatility is low.
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AUD/USD: Rebound from the nearest support

AUD/USD: Rebound from the nearest support
Most Likely Scenario: Short position below 0.75613 with targets @ 0.74900 in extension
Alternative Scenario: Above 0.75813 look for further upside with 0.77212 as target.
Comment: the Stochastic ( 5, 3, 3 ) of AUD/USD on 30M chart tend to go up and The volatility is low
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USD/JPY: Sideway in narrow range

USD/JPY: Sideway in narrow range
Most Likely Scenario: Short position below 100.22 with targets @ 99.102 in extension
Alternative Scenario: Above 100.918 look for further upside with 102.547 as target.
Comment: the Stochastic ( 5, 3, 3 ) of USD/JPY on daily chart tend to continue sideway and The volatility, flatuation is low
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GBP/USD: Descending triangle

[b]GBP/USD: Descending triangle is forming[/b]
Most Likely Scenario: Short position below 1.32521 with targets @ 1.2915 in extension
Alternative Scenario: Above 1.32521 look for further upside with 1.34881 as target.
Comment: the Stochastic ( 5, 3, 3 ) of GBP/USD on daily chart tend to go down.
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