Hi Traders! USDJPY is near the psychological 150.000 level, and it looks to possibly re-test its 3-month high at 151.911. Here are the details: Looking at the price action, it looks bullish; the bull flag, along with the previous yearly high, has broken. The next big test is as the market approaches the 150 handle. There may be some strong resistance here, as...
Who has the most rings? FX:EURAUD FX:EURGBP FX:EURJPY FX:EURSEK OANDA:EURZAR OANDA:GBPZAR FX:USDCNH OANDA:USDTHB FOREXCOM:USDILS
1 - OANDA:XAGUSD 2 - FX:AUDUSD 3 - OANDA:AUDSGD 4 - FX:EURAUD 5 - OANDA:USDTHB 6 - NASDAQ:PYPL
GBPNZD formed a cute inverted h&s pattern on a key horizontal support. We see a formation of a bullish imbalance now. The pair will most likely keep growing. Next resistance - 2.075 ❤️Please, support my work with like, thank you!❤️
CADJPY may drop from a key daily horizontal resistance. The price formed a double top on that and violated its neckline. Goals: 109.86 / 109.6 ❤️Please, support my work with like, thank you!❤️
Hi Traders! There is a bear flag pattern developing on the AUDUSD 3H chart. Here are the details: The price action looks bearish, and the market is currently in a consolidation phase in the flag's channel as the flag pattern is in its early phase. The market is still below the 20 EMA, which is a bearish signal. As long as the market remains below the EMA and...
10 FX calls plus a bonus OANDA:USDNOK OANDA:USDDKK OANDA:USDSGD FX:USDCAD FX:USDMXN OANDA:USDTHB FX_IDC:EURHKD FX:EURUSD FOREXCOM:GBPMXN OANDA:NZDUSD
Hi Traders! USDJPY looks to be targeting the 150.000 psychological level long-term, as the US dollar currently looks unstoppable. The market is also about to break its bull flag formation. Here are the details: After consolidation in the bull flag pattern, we have now had huge bullish momentum, and the next target is the current yearly high at 148.808. The...
EURAUD has recently approached a key horizontal support. After its test, the price broke and closed above a resistance line of a bullish flag pattern on a 4H time frame. We can anticipate a further growth on the pair. Goals: 1.6565 / 1.6607 ❤️Please, support my work with like, thank you!❤️
Hi Traders! An ascending triangle is forming on the NZDUSD 4H chart, and we could have a breakout soon. Here are the details: The market has found support and resistance at both the trendline support and trendline resistance of the triangle, as the market is looking for a direction. Looking at the price action, it looks bullish due to the market swings; the...
EURCHF is currently consolidation within a strong horizontal support. To buy the pair with a confirmation, wait for a bullish breakout of a resistance of the range on a 4H time frame. 4H candle close above 0.9362 will confirm a violation. A bullish continuation will be expected at least to 0.9385 then. If the price sets a new lower low, the setup will become...
Hi Traders! A falling wedge is forming on the EURUSD 4H chart, and we could have a breakout soon. Here are the details: The market has found support and resistance at both the trendline support and trendline resistance of the wedge, as the market is looking for a direction. Looking at the price action, it looks bullish; we have had multiple tests at the...
EURAUD seems to have been forming on the daily a perfect second leg for W formation to reverse and go bearish from here. A perfect bearish doji is being formed and we can clearly see that the next stop is bottom support. Please use proper risk management upon entering the trade! EURAUD Sell/Short ENTRY: 1.66453 TAKE PROFITS: TP 1: 1.66186 TP 2: 1.61633 SL: 1.66978
Hi Traders! A symmetrical triangle is forming on the GBPUSD 4H chart, and we could have a breakout soon. Here are the details: The market has found support and resistance at both the trendline support and trendline resistance of the triangle, as the market is looking for a direction. Looking at the price action, it looks bearish; we have had multiple tests at...
EURAUD is testing a confluence zone based on a horizontal intraday support and a rising trend line. As a confirmation, the price formed a double bottom formation and violated its neckline. We can expect a bullish movement now. Goals: 1.6527 / 1.656 ❤️Please, support my work with like, thank you!❤️
EURCAD is testing a solid daily horizontal support. Approaching that, the price formed an inverted head and shoulders pattern. Its neckline was broken during the NY session on Friday. It indicates a highly probable bullish movement from the underlined green area. Goals: 1.467 / 1.4715 ❤️Please, support my work with like, thank you!❤️
Hi Traders! There is a bear flag pattern on the EURUSD 4H chart. Here are the details: The price action looks bearish, and the market is currently in a consolidation phase in the flag's channel. The 20 EMA has been broken, and we are getting bearish momentum candles forming, and we are awaiting a possible test of the flag's channel to the downside. Preferred...
Hi Traders! There is some bullish momentum behind GBPUSD, and there may be a possibility of a re-test of the monthly high. Here are the details: The price action on the 1D chart looks bullish. The market is in an ascending price channel with higher market swings and lower rejection price wicks; the market is also currently above the 20 EMA. Preferred...