Time Frame: 4H Symbol: EURUSD Bias: Long EURUSD is in a long channel. There is a high probability that the price pattern will repeat again and will move upward forward. There is also a chance to go a bit down before moving to its own trajectory.
Time Frame: 4H Symbol: USDCHF Bias: Long Considering the price pattern over the last few weeks, USDCHF tends to move down .However, there is a probable long entry bias to meet the channel criteria and to readjust the price pipeline.
Time Frame: 4H Symbol: JPYUSD Bias: Neutral JPYUSD is neutral here. It will take time to realign the price patterns for harmonic entries. However, the overall bias is short here.
Time Frame: 4H Symbol: XAUUSD Bias: Long If the price movement is not affected by any uncertain fundamental impetus, the price of gold is supposed to hold the old pattern that we have projected here with colored candles.
Time Frame: 4H Symbol: GBPUSD Bias: Neutral We are neutral for GBPUSD today. There is an equal chance of moving its up or down. The price channel is unpredictable here and we need wait before confirmation.
Time Frame: 4H Symbol: EURUSD Bias: Long The price pattern is quite self explanatory. The oscillation and volatility pattern hints that there will be a probable up swing after a slight down move. So we have to wait for the
Symbol: USDCHF Time Frame: 4H Bias: Long We are optimistic that the price will go up as our projection. As the overall oscillation is trapped by a range bound price action, here is a hope of repeating history as we see in the projected candles.
Symbol: JPYUSD Time Frame: Daily Bias: Long The instrument has reached a critical long term support level ,technically there is high probability of reverse. If market condition is not greatly influenced by fundamental factors, there is a greater possibility of mean reversion and therefore an upward move.
Symbol: XAUUSD Time Frame: 4H Bias: Short Gold has the potential to move up but the price is trapped in an upward channel and we believe there will be some downward retesting of price level and therefore our bias is down for the next few days.
GBPJPY is trending to the upside currently prior to the GBP Gross Domestic Product data, which measures the total value of all goods and services produced domestically. Technically the pair has broken above the key 154 level, and the RSI is holding bullish levels. We anticipate continued upside into 155.50.
GBPUSD is trending to the upside currently prior to the GBP Claimant Count Rate, which measures the number of people applying for unemployment benefits. Technically the pair has broken the immediate bearish structure, and the 4h chart RSI is mixed. We anticipate continued upside today.
A very nice gbpusd short setup can be seen in 4H chart. This is a high probability setup and can garner some nice pips. Let's see what happens next week. All the best.
Time Frame: 4H Bias: Short Symbol: JPYUSD Analysis: The chart itself expresses a lot. The overall direction is short and we are also biased short for the coming week!
Time Frame: 4H Symbol: EURUSD Bias: Short Analysis: There can be a very short upward momentum and then the drive will be a short which will lead to previous support levels. Let's observe how the price actions goes..
Time Frame: 4H Bias: Long Symbol:USDCHF Analysis: The overall trend is long. Price is expected to rise to establish a balance with the volatility of the last week. We are biased towards long for the next week.
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Time Frame: 4 H Signal : Neutral Symbol: JPYUSD Signal Analysis: We are neutral as we do not see any specific price projection. Due to fundamental factors ,price can go to any direction. We are watching over for specific patterns.
Time Frame: Daily Symbol: GBPUSD Bias: Long SIgnal Analysis: The overall trend is down but we can expect a short term weekly move upward and have a high chance of accumulating some pips in upward reversal.