For this currency pair, I am going long for 59.1 Pips.
Based on technical factors there is a long position in : 📊 GBPCHF 🔵 Long Now 1.1800 🧯 Stop loss 1.1730 🏹 Target 1 1.1950 🏹 Target 2 1.2121 🏹 Target 3 1.2266 We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝
Based on technical factors there is a long position in : 📊 XAUUSD 🔵 Long Now 1844.50 🧯 Stop loss 1812.00 🏹 Target 1 1877.00 🏹 Target 2 1980.00 We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝
GERMAN30 is currently bearish so we only looking for sells price has broken previous support and retested it 61.8% fib rejection risk management is key
Based on technical factors there is a long position in : 📊 GBPUSD 🔵 Long Now 1.2191 🧯 Stop loss 1.1910 🏹 Target 1 1.2430 🏹 Target 2 1.2656 🏹 Target 3 1.3170 We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝
Based on technical factors there is a short position in : 📊 GBPJPY 🔴 Short Now 162.18 🧯 Stop loss 163.30 🏹 Target 1 160.60 🏹 Target 2 158.58 🏹 Target 3 156.00 We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝
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daily timeframe bearish market only looking for sells retraced perfectly off the 61% fib looking to sell to next fib extention level
0.6700 is the target we've suggested before on AUD/USD and after the recent volatile markets, we are moving lower at a rapid pace. Tomorrow holds more high impact news so make sure to trade safe. More USD strength is expected over the next couple of weeks, which should keep the momentum bearish on this pair.
There seems to be an everlasting weakness for the pound as the lacklustre story continues. As for the technical side, we are looking bearish here on the GBP/USD with potential for the next leg to the downside to occur. Overall from a weekly perspective we are looking ahead at 1.1800 being a long term downside target.
$1,800 followed by $1,750 are the respected downside targets for XAU/USD. Looking at the data for the rest of the week it is possible to start seeing the precious metal fall over with momentum heading into next week. We will stay updated on this instrument with our short bias and see if we get further downside movement in this scenario.
Based on technical factors there is a long position in : 📊 EURCAD 🔵 Long Now 1.3474 🧯 Stop loss 1.3380 🏹 Target 1 1.3566 🏹 Target 2 1.3758 🏹 Target 3 1.3970 We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝
These past few days we have had our eyes on USD/CAD which is at a crucial level. Approaching 1.2500 this level is likely to be achieve shortly being a 4-hour fib D extension level, but then are we going to break the supportive structure looking left or are we going to revisit the descending trendline? It is possible for a sharp movement back up if the dollar can...
Based on technical factors there is a long position in : 📊 EURJPY 🔵 Long Now 141.72 🧯 Stop loss 141.18 🏹 Target 1 142.50 🏹 Target 2 144.80 We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝
Based on technical factors there is a short position in : 📊 EURUSD 🔴 Short Now 1.0713 🧯 Stop loss 1.0775 🏹 Target 1 1.0680 🏹 Target 2 1.0622 💸Capital : 1% We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝
As the UK goes into a 4 day weekend with the Jubilee bank holiday the pound is looking very desperate especially on the GBP/AUD. It is currently holding onto support arround the 1.7450 region and looking at previous downside breakouts at this level in the past we have seen a 200 pip sharp movement which could be very worrying for the pair. On the higher...
Based on technical factors there is a short position in : 📊 AUDNZD 🔴 Short Now 1.0950 🧯 Stop loss 1.0970 🏹 Target 1 1.0922 🏹 Target 2 1.0880 🏹 Target 3 1.0837 💸Capital : 1% We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝
We have had a week of rest bite for most currencies as the dollar eases of its bullish pressure. As we look ahead to next week, we can see multiple patterns emerging for potential euro weakness which may provide shorting opportunities on EUR/JPY for a bearish leg to the downside. Obviously we will need confirmation of the counter trend ascending line breakout...