Overall, EUR/USD is ranging across.
Currently, EUR/USD is testing the resistance zone of 1.12000 and the next support zone is at 1.11000.
Look for short-term buying opportunities of EUR/USD if it rejects the resistance zone of 1.12000.
Overall, GBP/USD is ranging across. Recently, GBP/USD broke the resistance zone of 1.33800.
GBP/USD’s next support zone is at 1.33800 and the next resistance zone is at 1.36000.
Look for short-term buying opportunities of GBP/USD.
Overall, AUD/USD is ranging across. Recently, AUD/USD broke below the key level of 0.72.
The Australian flash PMI data released earlier today indicated a faster rate of expansion of the manufacturing sector. Also, the services sector has recovered from the previous contraction.
Flash Manufacturing PMI (Actual: 57.6, Forecast: NA, Previous: 55.1 revised from...
Overall, EUR/USD is ranging across. Recently, EUR/USD rejected the resistance zone of 1.13800.
The French flash PMI data will be released later at 1615 (SGT).
French Flash Manufacturing PMI (Forecast: TBA, Previous: 55.5)
French Flash Service PMI (Forecast: TBA, Previous: 53.1)
The German Flash PMI data will be released later at 1630 (SGT).
German Flash...
Overall, EUR/JPY is ranging across. Recently, EUR/JPY traded into the support zone of 130.000.
The French flash PMI data will be released later at 1615 (SGT).
French Flash Manufacturing PMI (Forecast: TBA, Previous: 55.5)
French Flash Service PMI (Forecast: TBA, Previous: 53.1)
The German Flash PMI data will be released later at 1630 (SGT).
German Flash...
Overall, EUR/JPY is ranging across.
Currently, EUR/JPY is testing to break above the key level of 132. Its next support zone is at 131.500 and the next resistance zone is at 134.000.
Look for short-term buying opportunities of EUR/JPY if it breaks above the key level of 132.
GBPCAD has recently printed a head and shoulders pattern and might break the key level of resistance at 1.89300 going into the New York session volume.
Comment your thoughts if you see any other potential outcomes.
The key level of resistance at 124.400 has been broken and is currently being retest. We will enter buy positions if this area is rejected and look to close the trade at the previous highs.
Follow my channel. I will share my entries once the volatility is solid for GBP/USD; we are just waiting; even if you have made an entry earlier, your trade won't change in number because there is currently no volatility.
Hello everyone, as we all know the market action discounts everything :)
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The dollar was up in Asia on Monday morning, but holidays in many key Asia Pacific markets meant it had a quiet start to 2022.
The U.S. Dollar Index, which measures the...
Expect bullish price action on GJ price is right now rejecting an important area of supply POC area x2 + bullish orderblocks + bullish imbalances filled. I expect price to take out today the asian highs but it all depends on the volatility because its friday.
What do you think ? Comment below..
Expect the price of JPY to start the selloff as we are approaching an important area of resistance around POC area x2 + bearish orderblock and bearish imbalance fill. This means bullish for xxx JPY pairs.
What do you think? Comment below..
Possible Sell Opportunity once again, aiming for the levels marked in gold.
Always move SL to entry after TP 1 or TP 2 is acquired.
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I know this is not the most common currency trading pair to trade but i see there a lot of technical reasons to entry, we are in a bearish market structure on a D1/H4 TF, could expect shorts if price is rejecting bearish orderblock + psychological level 74.000 with targets below trendline liquidity around 60.
Be aware if you take SHORTS there the SWAP IS GREEN...
EG should make a selloff from this area as price took out liquidity above 0.85500 and have a lot of bullish imbalances to fill, we have a failure swing high that means bulls are losing momentum and bear are gather momentum.
What do you think ?? Comment below..
