I will be looking for potential EUR/GBP Buy trade setup if I can see price come into this area in the london session & show a bullish confirmation signal. I will not be going into the technical reasons for this trade.
I am looking at a potential buy setup in the London session if price can reach this area with a bullish confirmation. I will not be going into the technical reasons for this trade idea.
I am looking at possible EUR/AUD shorts if we can see a move into this area in the london session. I need to see bearish rejection confirmation once price has arrived. I won't be going into the technical reasons for this trade.
This is a EUR/AUD Long setup. I only provide entries I hide my analysis. If you like the setup please consider following.
We can see EURUSD trading in a channel range on the bigger timeframe of Weekly. Currently we see the pair ranging in a local area of 1.119 to 1.138 after dumping down. The MACD is still strongly trending down, not yet showing clear sign of reversal in momentum. 1. SHORT TRADE : We can look to SHORT the retest of the neckline it has broken down from, 1.15. Target...
XAU / USD quotes continue to move within the growth and bullish channel. At the time of the publication of the forecast, the price of GOLD is 1856 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices broke through the area between the signal lines upward, which indicates pressure from buyers of the asset and a potential continuation of...
GBP / USD four-hour chart. The currency pair is being held in the overwhelming area, but now a corrective movement from the level is developing on the chart. The target for the correction can be a level that limits the price exit from the oversold area. Trading solutions: buy 1.34 take profit 1.3428 Have a nice trade!
The four-hour chart of the EUR / USD pair. The currency pair continued to move downward and reached the mark. This level, as a rule, does not affect the price, but it has one important property. If the price easily passes the level, then the development of a correction should be expected from the level. Have a nice trade!
Gold shows a breakdown of the ascending channel, I expect a retest of the upper border to confirm the breakout, or a breakout of the upper border and return to the range. So far, everything looks very favorable for further growth. Have a nice trade!
USD / JPY four-hour chart. The currency pair tested the resistance level at 114.06 (6/8). From the current positions, we are waiting for a pullback movement to the four-hour supertrend line. After that, the upward movement can be resumed. Trading solutions: buy 113.77 take profit 114.20 Have a nice trade!
GBP / USD four-hour chart. The currency pair has broken through the support at the level and is now in the oversold area. Perhaps, in the short term we will see the price going beyond the oversold area, but in the mid-term the priority is now the scenario with a decline in quotations towards the lower border of the 1.3306 oversold area. Have a nice trade!
The four-hour chart of the EUR / USD pair. The currency pair fell sharply. The price tested the main support level 1.1475. This is a very strong level, so the price was unable to overcome it immediately. From the current position, we can expect the development of a rollback to the four-hour super trend line. After that, the downward movement can be...
XAU / USD quotes continue to move as part of the growth and the beginning of the development of the large "Triangle" pattern on the daily Gold chart. At the time of the publication of the forecast, the price of GOLD is 1824 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices broke through the area between the signal lines upward, which...
Currency pair US Dollar Canadian Dollar USD / CAD continues to move as part of the correction and the bullish channel. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.2441. Moving averages indicate a short-term bullish trend for the pair. Prices went up from the area between the signal lines, which indicates...
The four-hour chart of the EUR / USD pair. The currency pair failed to gain a foothold above the main support / resistance level, but the four-hour super trend line continues to be held. Therefore, the bullish scenario of the movement remains the priority. We are waiting for the price on the daily super trend line. Trading solution: buy 1.1575 take profit...
An additional signal in favor of raising the XAU / USD quotes will be a test of the support area on the relative strength index (RSI). The second signal will be a rebound from the upper border of the "Triangle" pattern. Cancellation of the option to raise GOLD prices on November 9, 2021 will be a fall and a breakdown of the level of 1735. This will indicate a...
USD / JPY four-hour chart. The currency pair came out of the horizontal channel downwards. This is a signal of further development of the downward movement. Therefore, after a slight pullback of the price to the four-hour supertrend line, we are waiting for the resumption of the downward movement and the decline in quotations to the main support / resistance level...
GBP / USD four-hour chart. The currency pair has broken through the four-hour super trend line. This is a signal for the continuation of the corrective movement. After a slight rollback to the mark, we expect the upward movement to resume with the target at the level of 1.3611. This scenario will be canceled after the quotes drop below the four-hour supertrend...