forexanalysis

EUR NZD BROKE A KEY LEVEL, AND COME BACK TO 1.67310 REJECTING THIS AREA AND MOVE US BACK ABOVE 1.68010. At this exact moment, we should be looking for a clear rejection of 1.68010, confirming that will be our new support in order to head to our target 1.68946! All the best Trading Protection!

The Trend Follower Strategy has just sold USDCHF at 0.99393. The system recommends entering this trade at any price between 0.99298 and 0.99488. The signal was issued because our Speculative Sentiment Index is extremely negative, with a value of 1.59827. This suggests that the USDCHF could be trending downwards.The 14-period Average True Range on a daily chart is...

EURCHF shot up to create a new lower high in our 4h trendline and it's now on its way down to possibly form a lower low. Good R:R risking around 35 pips to possibly take almost 80 pips.

Due to a lot of news coming out around 9ish we thought this would be a good trade to come in with till around this time... We not sure what will happen...

Here we have the AUUSD we feel that due to the ichimuku that this may be a short in the coming moments,

This is a long trade which we are going to trade on the other hand there is a ascending channel the the USD/JPY just broke on the chart giving signals or selling but with this we will stick with long Technically, however, the Yen appears to have something of an advantage now. USD/JPY has slipped quite dramatically below the strong, newish uptrend channel that...

EURUSD is heading down towards the weekly support at around 1.16414 then I expect that it would then go back up towards 1.20850 and could then either form a head and shoulders pattern or could go over and continue to go up towards the weekly resistance area at 1.25701. Looking at the indicators such as the RSI and Stochastic also on the Weekly chart, the Rsi...

We could enter for a Buy trade as the looks to be a build up of Buyers at around the 130.00 zone and all depending on German ZEW Economic Sentiment which could weaken the Euro.

Over the next week could see the EURUSD within a zone, albeit may have an opportunity for a Sell trade at around the 1.9500 zone. Price could be contained due to news releases for US Retail and Core Retail Sale results. And the German ZEW Economic Sentiment.

A quick analysis of the 1HR chart, Waiting on the next few candlesticks for confirmation on the next move. Both 1H and 4H showing divergence on STOCH RSI for the possible bearish move and break trend support, waiting for more confirmation on this. Price has tested 0.882 for a double top and possible triple top. Will be waiting for RSI to be oversold and coming...

Still holding positions from 150.858 now up to 152.397 - Have a TP at 155.850 for remaining positions then will be looking at selling the dip. Would like to know other peoples opinions on this and if anyone is doing anything differently

EUR USD spot 1.1476-80, there is clearly indicating in weekly chart market is forming triple bottom, and market 1.1450 after forming series of lower high, neckline at 1.1450-52, market tested this 2 times now it's highly expected it's break strongly ( not the false break) and again test 1.1450, then will higher up to the minimum objective 1.2450, almost 1000...

GBPUSD H4 Chart