As the US yields slide, the Euro appears to be insinuating a bullish drive as there the Greenback stalled in growth during last week's trading session. In this video, I have illustrated my trading plan for the EURUSD against the new week. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high...
As all eyes remain fixed on the upcoming FOMC; The anticipated disruption to the euro-zone economy from energy supply constraints appears to put the Euro remains under downward pressure. However, from a technical perspective, I still see the possibility of a short-term uptrend coming up in the coming week. This video explains how I plan to take advantage of a...
Unlike the US economy, this week is packed with economic data that has the potential of driving the momentum of the Euro. From a technical perspective, I have identified simple structures on the 4H timeframe that will be of major assistance in helping us prepare ourselves for trading opportunities lining up for us this week. Risk Disclaimer: Margin trading in the...
Even as the possibility of the EURUSD dipping to previous low hovers in the air considering the obvious signs of economic slowdown which exacerbate recession-related fears, I am of the opinion that a breakout/retest of the key level at $1.06000 could incite a bullish momentum in the nearest future to surprise the majority. Risk Disclaimer: Margin trading in the...
The US Federal Reserve delivered a 75 bps rate hike (the largest hike since 1994), triggering recession fears which might ripple across the major pairs in the week. Also, the ECB pre-announced it would hike rates by 25 bps in July; it is obvious that lifting rates also mean higher borrowing costs. Amidst all these development and from a technical perspective, I am...
With a simple downtrend continuation pattern identified on the 1 H time frame after connecting the series of lower highs; I am looking forward to taking advantage of a potential bearish momentum going into the New York session. Let's see what happens as price action is been monitored. Risk Disclaimer: Margin trading in the foreign exchange market (including...
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
The EUR/USD reached a fresh four-week high, around 1.0765 but, gave up some 30 pips to close the week below the key level at $1.08000 on the back of positive US data. So from a technical perspective, I intend to use the key level and bearish trendline as a guide going into the new week as a breakout or rejection of this confluence could be the signal that will...
This is a follow-up detail on the analysis shared on Sunday as the price moved over 100pips in our favour (see link below for reference purposes). From a fundamental perspective and following the recent Fed chair Powell's speech, it is clear that there will not be policy change on the basis that the supply chain will improve. Technically, price action is...
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
This is my first video tutorial and I am not sure I am good at this but let me know if the video tutorial is preferable. Thank you Tendency: Uptrend (Bullish)/ Downtrend (Bearish) Structure: Supply & Demand | Trendline NB: This speculation might be considered to make individual decisions on the lower timeframe. Watch this space for updates as...
Just a quick update on my EURUSD trade, price pushed higher last night so hoping to see this continue with my stops still at break free this is a nice risk free trade.
Hi Guys, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis video. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover my next analysis. Also let me know your thought in the comment section what you...
EU has given me my break and retest setup. Now, I look for confirmation for a valid long entry.
Hi Guys, let’s make a full top-down analysis of this pair, we will take the trade if all the condition of the strategies are satisfied. Press like button to support this video and let me know in the comment section if you have any questions.
Hi Guys, let’s make a full top-down analysis of this pair, we will take the trade if all the condition of the strategies are satisfied. Press like button to support this video and let me know in the comment section if you have any questions.