GER30 - Bat complete inside PRZ, price is in a critical zone, if price breaks and closes below this level i'll be looking to take this short, this level is the Weekly/Daily low of the uptrend so this could be a continuation/retracement, will be analyzing LTF for confirmations! ** Disclaimer *** These ideas I never trade until the end target with my initial...
Looking at a potential long set up for NZDJPY Lets see if we can get a pull back into the entry.
Nice shark here, trading away from the Monthly high, nice break in momentum + LTF confirmation (This is a retracement so be careful with your lots) LMK Your thoughts ** Disclaimer *** These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a...
Gold is breaking the hourly high and is heading towards the liquidity zone/DH. Price isn't really in a good position to buy or sell without using a high SL which I'd rather not do. I'll wait until price completes the bat and here we have a strong supply zone with confirmations for a short, or pulls back into a good position to buy.
EURUSD - I missed the drop today (Check my previous analysis) by 2 pips... I had a limit order set, I was hoping price was going to take out the liquidity between the C/A point of this shark, but it just missed... Now price is pretty central and I don't like to trade in this area. On the Weekly we're in a downtrend, so I predict a pullback then a break of...
USDCAD - Looking bullish, we had a butterfly pattern complete on the D point which was also a previous weekly BOS zone. Price then broke the LTF momentum trendline and broke structure on the 3/4H TF creating EQH, indicating bullish momentum. Price is now making LH & HL and we have a potential bat forming, this bat fits nice with the weekly downtrend as the.886...
GBP/USD INSTANT BUY 📈 ENTRY: 1.37778 TP: 1.38880 SL: 1.37624 Re-entry ⚠️ (Risky use low lots to start) PA is still bullish, we have a pennant on the Daily (If this breaks price will fly) We also have some nice intraday bullish patterns and trapped liquidity above, only downside is were inside a weekly supply zone so it's bull vs bears at the moment, but...
Possible upward correction in the following session.
Possible pullback around 39-38K before upside continuation.
The NZD/USD pair corrects upwards after the US Federal Reserve's monetary policy decision. USD falls after yesterday's meeting of the regulator and the subsequent comments of its head, Jerome Powell. In general, all parameters of monetary policy remained unchanged, and the quantitative easing program remained in the total volume of $120B. The official named...
Oil prices edged higher on Friday and for the week after a strong recovery from Mondays steep slide, underpinned by expectations that supply will remain tight through the year. Currently, the market is under the influence of opposite factors. Investors are alarmed by the growing incidence of the delta coronavirus, which could lead to new blockages and put...
The pressure on the pair AUD/USD is increasing amid the rapid spread of the Delta coronavirus strain in Australia and the strengthening of the US dollar after the publication of inflation data in the USA. Investors remain concerned about the epidemiological situation in the country. Victoria state was locked down for five days on Thursday following a spike in...
EURCHF pauses downaside at 6M key level, pair is consolidating pervious session. Further weakness only on break below the 6M key level.
CHFJPY has halted its two weeks of losing streak and recovered from the minor bottom. The minor pullback in USDJPY on as US bond yields recovers. The Swiss-franc gained sharply on Safe-haven demand.
Trend is bullish on daily chart but short term corrective move downside is a huge possiblity.
The Turkish lira under pressure from inflation data in the country. June consumer price index rose from 0.89% to 1.94% MoM and from 16.59% to 17.53% YoY. As a result of the partial lifting of quarantine restrictions and an increase in raw material prices, inflation in Turkey has reached two-year highs, which does not give hope for the start of lower interest...
The data published by the US Bureau of Labor Statistics revealed on Friday that Nonfarm Payrolls increased by 860,000 in June. With this reading beating the market consensus of 700,000, the US Dollar Index (DXY) jumped to a fresh multi-month high of 92.74 with the initial reaction. Nevertheless, the greenback struggled to preserve its strength and allowed EUR/USD...
US Dollar Index consolidates weekly gains around 92.50 U.S. Treasury yields were lower on Friday after a strong payroll report left uncertainty about how the Federal Reserve might respond. The benchmark 10-year yield was down 3.9 basis points at 1.4407% in midday trading. That was close to its level before the morning release of new Labor Department data...