One of the amazing things about trading the financial markets is that it is the only industry where we “common folk” have the potential to EXPONENTIALLY grow our income day after day, week after week, year after year.
All our lives, from opening up our first lemonade stand to landing our first job, we are taught to make LINEAR income: to exchange TIME for MONEY....
AUDUSD – buyers have open position
Trend: Strong Buy
Support/Resistance:
R4: 0.70222
R3: 0.69921
R2: 0.69492
R1: 0.69172
S1: 0.68977
S2: 0.68695
Price action:
Buyers continued price very confident to the price level at 0.69126, where last daily candle closed. Buyers might relaxed for a while and give a chance to sellers to their first support....
EURCHF – this pair is at risky level, where we have to wait for sell if we get sign
Trend: Sell/neutral
Support/Resistance:
R1: 1.10259
S1: 1.09775
S2: 1.08999
S3: 1.08375
Price action:
Buyers were keep going to break resistance level at ,but sellers showed first push few days ago very strong. If they will push again, then we know the answer, but if the...
EURJPY – Jpy currency is still in weakness, while buyers might push higher
Trend: Strong Buy
Support/Resistance:
R4: 122.163
R3: 121.717
R2: 121.381
R1: 121.069
S1: 120.400
Price action:
Buyers might continue this trend after they break and hold above first resistance, if they're enough strong. First hard and slow target is at 121.381 level. If buyers will...
EURCAD – Sellers trending continuation
Trend: Sell/Neutral
Support/Resistance:
R2: 1.45330
R1: 1.44905
S1: 1.44756
S2: 1.44357
S3: 1.44205
Price action:
This case might be for amaterur very tricky. As you can see buyers didn't give us reaction, so the next target for sellers is recent Lower Low and might be even deeper to 1.44357 level.
Potencial trade...
CADCHF – Buyers might continue trending
Trend: Buy/Neutral
Support/Resistance:
R3: 0.76779
R2: 0.76566
R1: 0.76330
S1: 0.76126
S2: 0.75823
Price action:
Buyers marked first higher high at 0.76330 level in trending flow. Continuation and their focus on other targets will be if sellers will not show much power and if buyers are able to hold above 0.76330
...
GBPJPY – Following Gbp trending is showing performance to buy this pair
Trend: Strong Buy
Support/Resistance :
R3: 145.741
R2: 143.270
R1: 140.699
S1: 137.820
Price action:
Price hold above trending flow, which will first test Higher High levels and then we'll see if Yen currency will deny again. Buyers are enough confidant to continue trending flow in buy...
GBPAUD – Bears hasn't react yet, so daily analysis will show us if sellers are ready to react very strong
Trend: Strong Buy
Support/Resistance:
R4: 1.97145
R3: 1.94481
R2: 1.90087
R1: 1.88622
S1: 0.86416
S2: 0.84203
Price action:
This currency pair is currently is strong trending, which is headed to new higher highs. Gbp currency recover from fundamental...
EURCHF – this pair is at risky level, where we have to wait for sell if we get sign
Trend: Sell/neutral
Support/Resistance:
R1: 1.10259
S1: 1.09775
S2: 1.08999
S3: 1.08375
Price action:
Buyers were keep going to break resistance level at ,but sellers showed first push few days ago very strong. If they will push again, then we know the answer, but if the...
Trend: Strong Buy
Support/Resistance:
R2: 0.76198
R1: 0.75760
S1: 0.75454
S2: 0.75454
Price action:
If buyers are enough strong to hold key level at 0.75454, then buyers will buy position stronger after they’ve already broken strong 0.75454 level.
Potencial trade idea:
Bulls targets :
T1: 0.75760
T2: 0.76198
NOTE – We are trading CADCHF ...
Trend: Buy/ Neutral
Support/Resistance:
R2: 0.64883
R1: 0.64448
S1: 0.63910
S2: 0.63540
Price action:
Bulls did well done job from previous days and broke sellers resistances without much resting. Because sellers didn’t show much power we might see delay or slower up move where is last higher high before bull run.
Potencial trade idea:
Bulls...
Trend : Strong Sell
Support/Resistance:
R2: 1.31866
R1: 1.31332
S1: 1.30866
S2: 1.30400
S3: 1.29758
Price action:
Buyers are in sellers trending zone. Few hours ago buyers showed some momentum which might scared others, but sellers quick after retraced for 100%. Sellers are enough strong to break support level at 1.30866. If we hold below, then sell...
