EUR/USD seems to be stabilising the newly formed base at 1.1300. A recent weekly candle from 2 weeks ago, formed extremely bullish in alingment with the recent fundamentals suggesting that there will be a medium term upswing in movement. Generally speaking a closure above the 1.1400 handle should signify a comfortable 100 pips into the 1.1500 region and beyond,...
35700.0 AREA a high S/R area. Trendline broken & once weekly low is broken. Shorts are most likely due to the trend break, market structure & previous price action. 33306.0 is where liquidity will drop too and grab before rising back up and stopping out all buyers. A Huge 1000+ Pip Trade. Give this a like if you want to see more analysis!
Pound has picked up some strength off the back of the GDP growth rate this morning. Referring back the the current state of the USD on a fundamental level, it provides a nice confluence to look for long opportunities on the weekly, daily and 4-hour timeframes on GBP/USD. The 1.3700 handle just over 100 pips north of the current market price could provide a nice...
slight pause in the market from sell off yesterday morning after pullback from hidden bearish divergence on the 1hr. hidden bearish means continuation of the sell. going for about 2oo pips down to the demand area. around price 4.0100. the price varies with your broker, if you enter on meta trader app ngas does have a different price spread.
there is a bearish divergence on the 1hr. it is a regular bearish indicating a bull back, it already came back and tested that area after divergence. going to fall about 1500 - 2000 pips to the 1815-1810 area
Hi Traders Please see the above chart of Gbp/Aud. We have taken an entry on this already at that start of the week which is currently running over 240+ pips and there is still some left to get in! We will be monitoring price for a pullback into either an EMA or the trend aswell as looking out for things such as a bearish flag etc. # Plenty more downside...
retetsing the weekly high SL is the formation of a lower low Consolidation on 200Ma line
Hey Guys Found this awesome flag pattern. Will be patient with this one and wait for a confirmation on the 4hr as there's so many pips to be made. Entering this even a little late can easily give up to 400 pips clean. Strongz
Good Day Guys Hope you are well Well this can be dope or an epic fail with the FOMC coming up Goodluck Guys Risk to reward management first #Dontletthemlossesrun OANDA:USDJPY
Prior chart: As mentioned in our previous post, we were looking for new highs coming into the late part of January. We have tapped 1.9200 and now making our way higher. The next immediate upside target will be looking at 1.9300.
Ok traders as we can see with nzdchf we have broken through our consolidation and finally made it down to our next bullish orderblock. Watch for buy opportunities and lets bring in some pips!! Good luck and happy trading everyone !
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
On a weekly time frame after strong downwards pressure price has respected supply Zone on 1.1400 while forming a bearish flag. Looking for price to break 1.1300 before continuing the downtrend looking to take profits at 1.1000.
bouncing off top of descending channle with daily suuply zone with formation of double top for short position up to next demand zone.
Hello Traders, We hope everyone has had a good start to 2022, and lets continue as we mean to go on. GBP/AUD is now probing the 1.9000 handle with a possible continue higher into fresh highs for the year. 1.9500 is the overall upside target for the next coming months, but as we break the recent HH printed around 1.8920 we can expected some volatile action....
DXY D1 As we mentioned DXY support holding nicely from the daily correction we saw over the last few weeks. We are expecting a bullish dollar throughout the week based on recent economic events and projections. 96.500 resistance is our next target, this ties in with yearly highs (2021) and also our daily resistance, which I expect us to break over the next 4...
eurusd has broken and retested previous resistance 50 and 200 MA cross price currently between 50 fib and 38 fib trendline
AUDJPY has been in a clear bearish trend for a while now. With that momentum in mind, we can see a nice double-top at the support on 82.466. We can also see a rejection off of the trendline and a nice bearish engulfing for price action. This trade should run 65 pips to the next support on 81.658. Good luck this week traders!