EURUSD and GBPUSD are making short-term bullish bias before the next big drop in this case we are finishing the wave C correction move. USDCHF and USDCAD are opposite to what the XXXUSD pairs are doing meaning we are making short-term bearish moves. But on the USDCAD we are making a wave 4 pullback before the next drop and on USDCHF we are in a leading diagonal...
AUDUSD is in an impulse move in the downtrend direction. Few ways to identify an impulse move - waves 1 and 4 shouldn't overlap, and wave 3 is never the shortest wave compared to waves 1,3, and 5. It's clear that we will soon see a sell-off to complete the fifth wave.
Price is trading in a bearish trend it's safe to say we will continue selling off but we could potentially see a pullback before the sell continuation.
USDCHF will most likely continue to rise meaning that the main objective is the Bullish direction, I wouldn't consider taking the countertrend move even though it's optimum but not worth it. It's safe to wait for a Triangle correction pattern completion before buying still keeping in mind the fact that waves 1 and 4 never overlap.
The JPY is still strong for next week expecting XXXJPY to sell off, the USD will weaken for the first two days and gain strength from Wednesday with the FOMC. From a Technical aspect, XXXJPY is correcting and USDXXX is completing the correcting and getting ready for a rally, and the opposite for USDXXX we have to see a drop maybe not massive.
The USDJPY has trading bullish for years now and it's safe to say the bullish direction is still intact. From a different timeframes analysis, we are in a bullish trend, note what may be true on the higher timeframe may be opposite on lower timeframes. On the monthly timeframe we can say we are in an impulse move and also a correction up applies. From a...
In this video, we go over the analysis of WTI, USDCAD, USDCHF, and AUDJPY. With the dollar gaining strength it's most likely we will see XXXUSD sell-off USDXXX rallying the USD has been strong pre-Nonfarm Payrolls. The JPY is weak with the Taiwan stuff we will continue moving in the upside direction on XXXJPY pairs.
The NZDJPY on the 1-hour timeframe we have an impulse move on the downside direction. There is a base channel technique that can be incorporated to predict the end of the 4th wave pullback. The downside has more confluence on the 4th wave phase ( wave 4 touched the 38,2 fibonacci level and the base channel ).
In this video, we talk about GBPJPY which is showing an alternative count in the same direction which is bearish. Count-1 We have a zig-zag correction pattern in the bearish direction and we are trading in a wave (C). Count-2 We are in a series of 1-2's and we are trading in a wave 3 phase where we are looking at the wave 3 completion. what count to agree with?
In this video, we discuss a few pairs EURJPY, GBPUSD, XAUUSD, and USDJPY and share insights and things to look out for in the next upcoming weeks. XAUUSD analysis from a Technical analysis view we are in a bullish trend price will start buying. EURJPY, GBPUSD, and USDJPY are moving in a similar direction which is the downside.
In this video, we talk about the impulse move forming on the USDJPY forex pair. USDJPY has been in a really strong bullish trend for a while, more than likely price will still continue in the same direction. Things to keep in mind waves 1 and 4 not overlapped, wave 4 retraced about 50%.
Watch video for analysis. The details are provided and explained in the video As you were
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.
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.
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.
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.
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.
Update on my FTMO challenge and reaching profit target of 50.000