EURAUD - Looking good on hourly candles trying to reverse back from the support zone . My approach will be a buy here at current price 1.60450 Maintain stop loss 1.59200 Potential upside target 1.62550 - 1.63050 Follow the levels as mentioned above. Traders, if you liked this idea hit the like button & write in the comment section.
1. Previous candle closed above the 200ema indicating that it bounced and took some liquidity for the price to drive higher. 2. The formation of the candlestick for the past few days has been very consolidative in the form of bullish flag. 3. Price has retested the critical support level 4. I'm expecting the price to go higher at 1829 after NFP news has been...
USDCAD is trending to the upside prior to the USD 4 week bill auction that reveals the yield on the US Backed securities. Technically the pair has held the key support figure and the RSI is bullish. We anticipate continued upside into the 1.2700 level.
This is my simple idea for USDCAD 4H time frame I hope it is useful :) Note 1 : It may take 1 week or 2 Note 2 : DON'T FORGOT, STOPLOSS IS YOUR FRIEND :) Best regards :)
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.
GBP has been in an intermediate downtrend for 5 months. You all know I am a strong believer in Elliott Wave theory. GBP has now painted and almost concluded a flat formation. This is the corrective wave after the 3rd impulsive wave we have witnessed until march 2020. You can appreciate all of these by following my guidelines in the chart. I am now expecting GBP to...
Hello Traders, GOLD has formed a bull flag on 4 H timeframe and is likely to rise to 1827 level. from there price may rise or drop based on price action
CADJPY - H4 - Buy TP = 87.900 SL = 85.900 The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (87.18) but under its 50 period moving average (87.87).
AUDJPY - 15M - Buy TP = 81.450 SL = 80.650 The RSI is above 50. The MACD is below its signal line and negative. The penetration of 50 on the RSI should trigger further losses. Moreover, the price is above its 20 and 50 period moving average (respectively at 81.01 and 80.97).
GBPJPY - H1 - Buy TP = 152.400 SL = 150.400 The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (151.49) but below its 50 period moving average (151.58).
USDCHF is trending to the upside today prior to the USD 4 week bill auction data, which reveals the yield on the US Government backed security. Technically the pair is pushing to the upside, and the RSI is indicating potential bullish action.
GBPAUD sell limit to catch the retracement of this pair. The daily closed in an agressive bearish, we'll wait for retracement to enter a short witth the continuing besrish trend.
Vip opportubity Audjpy hit tp1 +50 Pips. Hold for more gains. ------------------------------------------------------------------------- Neat and clean chart with clear setup, no junk on chart. ------------------------------------------------------------------------- If you like this idea, then smash like button and follow us for regular...
See Picture for analysis.. -Price showed evidence of sellers coming in by breaking upward trend line/momentum telling me sellers took control. -I like to see a strong moved because this tells me there was big money selling there and not small money. -Breaking upward trend line/momentum line -Price removing opposing demand -Quality rally base drop created to...
USDJPY - H1 - Sell TP = 109.850 SL = 110.850 Below 110.10 look for further downside with 109.95 & 109.85 as targets.
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.
GBPNZD - H1 - Buy TP = 1.95800 SL = 1.93800 The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 1.9524 and 1.9558).
GBPAUD - H1 - Buy TP = 1.88400 SL = 1.86400 The RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the pair is trading under its 20 period moving average (1.8891) but above its 50 period moving average (1.8701).