Wanbtc : make your stand My guess is up trend Most evidence is this
CADAUD Broke the weekly support! going to down
Sell Now, targeting Fibo 61.8 on Daily chart. This idea contains analysis for educational purposes only, for Premium Signals join our telegram channel: signals.gold It's premium Forex signals for free, No subscriptions, No ads. Please leave a LIKE and FOLLOW . We'd really appreciate it.
#AUDUSD, OI shows reversal in aud/usd, daily up bars on 8th october with low volume. suspect price may test bottom again.
Remember guys, keep it simple! As you can see from the AUDUSD chart it is hugging the daily trendline tight. If it breaks and it is not a fakeout, buy that Aussie to the top! If it respects the trendline, wait, be patient and when the time comes it's time to short. This doesn't work every time, but it can be a clear signal that the direction of any pair may be...
Nothing has changed for the Yen as the price is still trading in the consolidation, so that we need to wait for the exit of the pair from it in order to be able to consider new deals for this currency pair. The bottom line: wait for the price to come out from the range.
Setup bar High-110.919 Low-110.647. Thursday had a price action high of 111.048. ENTRY at the break of previous days low 110.645 Stop above the latest high at 111.054 T1 110.236 T2 109.827 This trade comes down to one thing. Your opinion of the USD. With Fridays pull back, price from that point has been lackluster, unable to gain or lose any ground. I'm...
We don't create regular indicators! We create tools that can be used by many different ways to take the right decisions.
Note: AUD/JPY follows what we predicted last week. Overall, we are still bullish on this pair unless it breaks the support zone at 86.0x level and the 20-EMA line. Our trading plan: Waiting for a strong bullish signal bounce back from the support zone is a good signal to long! Caution: The BOJ Policy rate on Tuesday!
A potential good swing setup. After recent bullish trend, there is 1 pull back bar and followed by a bullish pin bar. Good to entry with R/R of 1:2 EP: 1.01557 SL: 1.00646 TP: 1.03050
AUD/CHF is trading in the range between the resistance and support zone indicated. In recent times, the price is trading in a downward channel. The price is approaching the resistance zone and the upper side of the downward trendline. We see the recent candlestick as a bearish pin bar. If the bullish trend still remain strong, don't bother to entry as the...
Gold continues moving downward. There is a significant support line near 1183 level. Only if it breaks the support line strongly, we will look for chance to short. Either short directly or short after weak pull back. Trade safely with proper risk management skill :)
We are still bullish for GBP/NZD. After 3 white soldiers, we see a consolidation pattern formed near the support zone. It might accumulating more pressure to break this support zone. Once, the support zone was broken strongly by bullish trend bar. It will be good chance to long. Alternatively, need to wait weak pull back and long again. Trade safely with...
AUD/NZD is trading in a range between the resistance and support zone indicated. In recent time, it is trading within the downward channel. The price rally up near to the upper side of the downward trend line. Wait for bearish signals to short this pair. You can earn little convenience interest by holding this pair for longer time. If the bullish trend...
USD/JPY having the strongest upward trend. But, watch the upcoming relatively weak resistance zone. There are chances that the price will consolidate before breaking the resistance zone again. If the price breaks the resistance zone, long side will be preferred. Trade safely with proper risk management skill. :)
The recent strong strength of USD pushes EUR/USD lower near to the support zone. If the support zone was broken, it might move down all the way near parity (1:1) If not, the price might bounce back from the current support zone. We will keep monitoring this pair and waiting the right timing to entry.
EUR/JPY breaks the previous resistance zone and moving up with strong trend. Only wait for pull back in H4 or H1 chart to entry the long side. Caution: The risk/reward ratio for this pair now is 1:1 and is the middle of the trading range. Trade safely with proper risk management skill :)
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