Hello everyone, here is the top-down analysis for EURCAD, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Hello everyone, here is the top-down analysis for USDHUF, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Hello everyone, here is the top-down analysis for EURUSD, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Hello everyone, here is the top-down analysis for AUDCHF, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
on DAILY: EURNZD is sitting around a strong support zone in blue so we will be looking for objective buy setups on lower timeframes. on H4: we are waiting for a new swing to form around our upper blue trendline to consider it valid and enter on its break upward. (long-term) on H1: we are waiting for a new swing to form around our upper red trendline to consider...
on H4: USDCAD is still sitting around support so we are waiting for momentum candle close above our green area to buy this one long-term on M30: we are currently holding a buy with our stop loss around breakeven.
on DAILY: GBPCHF is sitting around support so we will be looking for objective buy setups on lower timeframes on H1: GBPCHF is forming an inverse head and shoulders pattern so we are waiting for a momentum candle close above its neckline to buy.
on DAILY: GBPAUD is sitting around a strong support zone in green so we will be looking for objective buy setups on lower timeframes. on H1: GBPAUD is forming a symmetrical triangle in red but it is not valid yet so we are waiting for a new swing to form around our upper red trendline to consider it objective and enter on its break upward. we also have a regular...
on DAILY: EURJPY is still sitting around a support and demand area in blue so we are still looking for objective buy setups on lower timeframes. on M30: EURJPY is forming a channel in orange but it is not valid yet so we are waiting for a new swing to form around our upper orange trendline to consider it objective and then enter on its break upward.
on DAILY: GBPAUD is approaching a strong support zone in green so we will be looking for objective buy setups on lower timeframes. on H1: GBPAUD is forming a channel in red so we are waiting for a new swing to form around our upper red trendline to consider it objective and then enter on its break upward. we also have a divergence on MACD adding more confluence...
on DAILY: EURJPY is approaching a demand zone and retesting our brown trendline so we will be looking for objective buy setups on lower timeframes. on M30: EURJPY is forming a trendline in red (not valid yet) so we are waiting for a third swing to form around it to consider it valid and then enter on its break upward. meanwhile, until the buy setup is activated,...
on DAILY: USDMXN is retesting a strong demand zone in green so we will be looking for objective buy setups on lower timeframes. on H1: USDMXN formed an objective channel in red so we are waiting for a momentum candle close above the last swing that forms around our upper red trendline to buy. meanwhile, until the buy is activated, we would be overall bearish
on DAILY: USDCZK is sitting around a strong support zone so we will be looking for objective buy setups on lower timeframes. on H1: USDCZK is currently forming a wedge pattern (not valid yet) so we are waiting for a new swing to form around our upper trendline to consider it valid and then enter on its break upward. we also have a regular bullish divergence...
on DAILY: DXY is currently approaching a strong demand zone in blue so we will be looking for objective buy setups on lower timeframes. Keeping in mind that DXY can still go down to test the previous support to get more liquidity to be able to push higher. on M30: DXY is trading inside our purple channel, so we are overall bearish, however as mentioned from...
on DAILY: USDNOK is approaching a demand area in red so we will be looking for objective buy setups on lower timeframes. on M30: USDNOK is trading inside an objective channel in orange so we are waiting for a momentum candle close above the last swing that forms around our upper orange trendline to buy this pair. we also have a regular bullish divergence on MACD...
Watch out for that upcoming short on SAXO:AUDJPY as prices have rallied on May on optimism of finding a vaccine for the virus and many countries have opened up, Still a high risk looming as we are in a kind of a recession and economy is still slow, yet we are back to the January lows when things escalated. Levels of interest are marked. Follow for more...
The video has its significance to it based on what we have seen in the passed based on the reaction to price. the GDP news will allow this pair to range in the beginning of the week allowing it to rally once the fundamental news has been released. I expect price to push into the demand zone on the hourly and based on the reaction, if price retraces back into the...
9 Apr 2020 recap - just when every one cheers up on a deal among Saudi Arabia, Russia and OPEC regarding production cut, crude oil futures( NYMEX:CL1! ) was sold into strength and broke the support at 24. Crude oil had a jump initially to test 28 but was quickly rejected and dropped below 24. Volume has increased during the slump of the crude oil futures...