Pivot Points

We are waiting for a breakout in either direction on the EURCHF pair before taking a position. A break above the current zone should see the bulls testing the recent high and then 1.15. Whereas a break below the current zone and the 50MA should see the pair drop to 1.135 and below.

General sentiment is optimistic, that's why correction will be soon

Possible buy into the daily trend line

This currency pair is featuring for the first time on our TradingView blogs. Current setup: Price is in a long-term consolidation dating back to 2011/2012. A break and close above resistance will suggest a breakout. Conclusion: Trading above the high of 2018 but standing aside until a breakout is confirmed after which we will look to place long trades. Any...

Recommended 1 or 1.5pc risk

Potential short on the EURUSD cross. Looking for sell signals around the circle which is previous support turned resistance. Looking for initial TP at around 1.098 area where we hit some trend-line support

Last post: May 31st 2018. See chart. Review: Price was struggling to break through the round number 9.0000. Update: The bulls are firmly in control. Price is now trading above the ATH and showing signs of strength towards 10.0000. Conclusion: Standing aside until a clear trend direction has been confirmed above the ATH. Patience for now. Any comments or...

Last post: April 14th 2019. See chart. Review: Price was bullish but trading in consolidation. Update: Price has now broken out of consolidation suggesting a bull trend continuation. Conclusion: We do not trade this but look at this a guide to trading the USD pairs. If price continues towards 100, then we will look to place trades on the best looking USD...

Last post: April 3rd 2019. See chart. Review: Price had continued to move higher. Update: Price has broken out again on a gap up suggesting further strength to the upside. Conclusion: Price is approaching the previous ATH. A break and close above this major resistant will suggest a continuation of the bull trend. Any comments or questions, do not hesitate...

NZDUSD is currently moving lower after running into some strong resistance this morning. We have the 38.2% Fibonacci retracement level of the move down from the 21st of March high. Resistance from the 0.68400 level which has acted as good support / resistance in the past and the and the pivot point comes in just below at 0.68345. We do have a rising trendline in...

This idea uses Chris Moody avergae daily pivots, my currency strength indicator (either CSM or CSMZ with a suitable period), and maybe a moving average of a suitable period (either SMA or EMA). The trade signal is a pivot reversal consisting of a "day 2" pivot lower than "day 1" pivot and "current day" pivot lower than "day 1" pivot suggesting a reversal of an up...

Took a USDCHF long with a an R:R of 2.1 My reasoning for this trade was the strong rejection of the 78.2 Fibonacci retracement level, as well as the pivot line adjacent with it. To me this shows a possible 1.2.3 move with a the push to the downside now ending resulting in a higher high being formed.

SHORT

I can see a continuation of the bearish trend after a retracement to the 25 EMA due to the RSI being too low. To support my prediction, I have the bearish trend coming off from a resistance found in the daily timeframe. The stop-loss has been positioned with respect to the previous consolidation region. An ambitious target price was chosen short of a support...

My overall bias is that GBPJPY will fall towards the lower levels in search of support. I am looking to see PA carry towards the 140.0 price level. That being said, i do believe we might be starting to see a change in momentum for this pair on a more short term basis towards the upside. This should become more clearer this week, however the multiple wick...

Hi, Price has touched strong level and there was also a strong pivot which is a good sign to reject price for the mid-term position. wait to see good rejection candles Good luck! Happy Pips! :)

Potential support/resistance zones Green line cluster could be used to place stops if you are already in long position Closest red lines could be either take profit or trailing stop if/when breached Next far red line could be next target Historical example:

USD/CAD is a short to 1.3300 as it has stalled around the Resistance 1 and is forming a bearish candle. The stochastic is also reached the 90% level which indicated a drop. Looking at a potential 110 pip.