so please have a listen on this little breakdown video on the DXY and let me know your thought on this playing out. once again we trade in probability and be nice to see what you guys and girls think ?
In this video, I outline where I will find the support and resistance on the M, W, D, 4H and 1H - this is just to pick out supports and resistances! There is so much more to it, message me if you require help.
Having looked at the charts, CHFJPY is one of those pairs will retain momentum for some time - just look at previous highs and lows. on the Daily, CHFJPY has formed flag as everyone knows flags are indicated the momentum price when the break happens. I would not be surprised if this pair breaks up although it's currently under resistance and a potential SELL. let...
DXY is looking good at the moment but we need to stay neutral with this pair and watch price into next week we know theirs going to be some big moves to the downside at some point but its not that fair away but this is looking really good for the dollar pairs going into 2020 next years lets not miss theses big moves :) happy trading guys !!
Canadian dollar was rising agains the Japanese yen from the end of August 2019. After correction in October the uptrend continued. The price reached its highest high on October 29-th. Right now it's correction time. Let's look at some technical and fundamental factors.
1. The currency formed some kind of 'bearish engulfing' pattern at its...
The Switzerland's currency was rising starting from 4-th October and now we see the possibility of a reversal
there is a bearish engulfing candlesticks patter which was formed on the top of the trend
the price is testing the trend line with the possibility of a reversal
MACD lines are widening - this is the preliminary signal to sell
Quick update on GBP pairs.
It's rallied into some key resistance levels on my charts. This could potentially signify exhaustion and lead to speculative selling/profit-taking in the very short term.
Keep a watch on the formation of this daily candle, if it posts some kind of inverted hammer or outside day, then I may look to sell some GBP pairs next week in...
Looking to set longs on a pull-back to support ($56.00) for a more sustained up move towards 2019 highs.
Descending triangle has broken higher
Double bottom formation has formed
Price action above Ichimoku cloud
Middle East tension on back of attacks on Saudi oil facilities - Iran being blamed
Expecting further build of tension and possible...
Gold - Intraday - We look to Buy a break of 1501 (stop at 1496)
Buying yesterday resulted in the sequence of 4 negative daily performances being broken. The medium-term bias remains bullish. The overnight dip has been bought into and there is scope for further bullish pressure going into this morning. A bullish reverse Head and Shoulders is...
Hi Guys my 1st video on TV!
Have kiwi yen trade set up ready to execute if price re-tests the 67.151 lvl that it broke through last night.
Weekly looks like bullish run
Low test candle on daily
3x bullish days daily
hit support level daily
(pullback on HTF bearish trend)
1hr bullish price action
hit support and bounce upside
Bitcoin - Intraday - We look to Buy at 10200 (stop at 9800)
A Morning Star formation has been posted at the low. Bias is mildly bullish today but we need to see a break of 10800 to confirm the upward pressure. Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an...
The low of 03/01/2019 started the Up-trend with a completed 3 Structural failures to the upside on 24/04/2019 making a higher high of 112.390.
What we have observed is price discounting itself. An opportunity to buy at a cheaper price level.
So, we have see a completed H&S inverted last week friday and we are looking for buyers to step into the usdjpy from...