CHF/JPY could fall towards an overlap support and potentially bounce off this level to climb higher. Buy entry is at 169.724 which is an overlap support. Stop loss is at 169.100 which is a level that lies underneath an overlap support. Take profit is at 170.612 which is a swing-high resistance. High Risk Investment Warning Trading Forex/CFDs on margin...
The Aussie (AUD/USD) could rise towards a potential breakout level and climb higher from here should we see a hawkish monetary policy statement at 3:30 am GMT as well as a hawkish press conference by RBA Governor Michele Bullock at 4:30 am GMT. Buy entry is at 0.65826 which is a potential breakout level. Stop loss is at 0.65220 which is a level that lies...
EUR/JPY could fall towards a potential breakout level and drop lower from here should we see the BoJ finally raises interest rates today (19th March). Sell entry is at 161.877 which is a potential breakout level. Stop loss is at 162.800 which is a level that sits above an overlap resistance. Take profit is at 160.380 which is a pullback support that aligns...
The Kiwi (NZD/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.60745 which is a pullback support that aligns close to the 100.0% Fibonacci projection level. Stop loss is at 0.60280 which is a level that lies underneath a multi-swing-low support. Take profit is at 0.61364 which is an...
USD/CAD is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 1.34378 which is a pullback support. Stop loss is at 1.34000 which is a level that lies underneath a pullback support. Take profit is at 1.35053 which is a pullback resistance that lies beneath the 50.0% Fibonacci retracement level. High...
CAD/JPY is rising towards a potential breakout level and could breakthrough this level to climb higher. Buy entry is at 109.764 which is a potential breakout level (wait for the 1-hour candle to close above 109.764 for confirmation). Stop loss is at 109.000 which is a level that lies underneath a pullback support. Take profit is at 110.564 which is a pullback...
AUD/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 97.325 which is a pullback support that aligns with the 61.8% Fibonacci retracement level. Stop loss is at 96.750 which is a level that lies underneath a swing-low support. Take profit is at 98.129 which is a pullback resistance that aligns...
The Kiwi (NZD/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.61974 which is a pullback resistance. Stop loss is at 0.62330 which is a level that sits above a multi-swing-high resistance. Take profit is at 0.61460 which is a pullback support that aligns close to the 50.0% Fibonacci...
AUD/JPY has reversed off a pullback resistance and could potentially drop lower from here. Sell entry is at market (97.359). Stop loss is at 97.850 which is a level that sits above the 61.8% Fibonacci retracement level and a pullback resistance. Take profit is at 96.896 which is a pullback support that aligns close to the 61.8% Fibonacci retracement level. ...
CAD/CHF is rising towards a potential breakout level and could breakthrough this level to climb higher. Buy entry is at 0.65371 which is a potential breakout level. Stop loss is at 0.64470 which is a level that lies underneath a pullback support and the 38.2% Fibonacci retracement level. Take profit is at 0.66733 which is a pullback resistance. High Risk...
EUR/NZD is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 1.76798 which is a pullback support that aligns with the 61.8% Fibonacci retracement level. Stop loss is at 1.76110 which is a level that lies underneath a pullback support. Take profit is at 1.77781 which is a level that aligns with the...
The Aussie (AUD/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.66440 which is a pullback resistance. Stop loss is at 0.66830 which is a level that sits above the 50.0% Fibonacci retracement level and the swing-high resistance. Take profit is at 0.65578 which is an overlap support that...
The Aussie (AUD/USD) could fall towards a pullback support and potentially bounce off this level to climb higher. Buy entry is at 0.65044 which is a pullback support. Stop loss is at 0.64270 which is a level that lies underneath a pullback support. Take profit is at 0.66023 which is a pullback resistance that aligns close to the 38.2% Fibonacci retracement...
Helo students and traders. Here is a quick top down analysis on the EURUSD. By way of summary, we have come to the realisation that this pair is Bearish on the Monthly, Bearish on the Weekly, Bullish on the Daily and 4 hour, while holding a clear bearish perspective on the 1 hour time frame. Because we believe in trading the smaller timeframe in the direction of...
The Kiwi (NZD/USD) is rising towards a multi-swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.60486 which is a multi-swing-high resistance. Stop loss is at 0.61150 which is a level that sits above a confluence of Fibonacci levels i.e. the 127.2% extension and the 78.6% projection levels. Take profit is at...
Part 1 of the buy2sell setup is complete. +50 pips Now, we look for the sell setup. Target will be the low. There are two FVGs to look for a valid setup. I'm looking for the sweep of a high, a bearish displacement that breaks market structure and leaves a FVG, then a pullback to that FVG for the entry. Like this video if you found a benefit in it. Consider...
CADJPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 109.806 which is a pullback support that aligns close to the 23.6% Fibonacci retracement level. Stop loss is at 109.230 which is a level that aligns under a pullback support level. Take profit is at 110.440 which is a swing-high resistance...
USDJPY is falling towards the buy entry at 145.620 which is a pullback support that aligns with the 61.8% Fibonacci retracement level and could potentially reverse from here to bounce higher. Stop loss is at 144.35 which is a level that sits below the recent swing-low. Take profit is at 147.375 which is a swing-high resistance level. High Risk Investment...