CrystalFX Market Analysis

The pattern is not common and when it comes, it is BUY signal. The technical indicator (DSS 15,35 is bullish and the shorter version (DSS 4,7) over sold in a bullish D1 trend. Buy should be good at 0.9470

The CHF may suffer in the hands of USD as the intra-day bias seen in my M15 and M5 seems to be strong on the bull side. THe H4 and D1 Dynamic Cycle Explorer Oscillator is also up trend at the moment so a good time to BUY at 0.9486

The GBPUSD did an intraday dip yesterday for over 70pips and forcing the H4 and D1 trend to the down side. The bear pressure on the intraday timeframes of M15 and M5 suggests a sell good at 1.2415. Expecting a dip for another 40-50 pips.

GBPUSD re bounced from 38% fibonacci pullback of the bullish move since June 19. The pattern in the M30 setup as shown in the image below is a bullish one for intra-day trading. Buying at 1.2484 not bad for 20-30 pips.

The buy pressure in the daily timeframe is spotted on the fisher and dynamic cycle oscillator which is enough for intra-day bullish bias. The image below is the M30min time frame confirming the bull market. and few entry opportunities. Currently 1.3585 is a good entry for 30-40 pips. UPDATE: An early morning dip to 1.3570 is another good entry as the bullish trend still intact.