USD

Good afternoon traders, Looking at a severely oversold New Zealand dollar versus US dollar on multiple time frames. Most appealing to us is the daily timeframe but almost all time frames confirm the oversold nature of this pair after the recent inflation print disappointed. 0.1% versus 0.3% expectation. This led for the New Zealand dollar breaching key levels...

Trading suggestion: . There is a possibility of temporary retracement to resistance support line (1280.90). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . XAUUSD is in a range bound and the beginning of downtrend is expected. . Price is below WEMA21, if price rises more, this line can act as...

Good opportunity to short USD/CHF. Confirmation from indicators, technical and S&R.

Good Morning traders, Taking a look at US dollar and the Swiss franc and looking on a year to date basis we can see a head and shoulders pattern starting to form, which if confirmed opens up significant downside for this pair. Not only do we have a naked trading pattern forming but we have technicals backing up the trade with multiple indicators pointing to a...

Here is my simple set up on EURJPY for this week if we see a pullback. This may not happen if Euro strength / JPY weakness continues but if there is a pullback then this is my ideal entry. - Bullish TL now broken. - Retest of this TL - Higher low to be made using previous resistance as support @ 125.600 - 4hr bullish TL (higher lows) is intersecting this area...

Quick pullback trade to the daily Fib 0.618 level marked on the chart. 4hr bullish TL broken and retested. Daily timeframe candlesticks closing bearish . Price is rejecting the 1.6750 resistance zone .

Technical analysis: . RIPPLE/DOLLAR is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 45. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of...

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.129. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.1325. TP4: R2=1.1345. Set the stoploss of these orders at breakout of S2=1.128. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...

Here is my analysis for EURUSD. I am looking to go long at this region for the following reasons. 1) Price is now at the weekly Fib 0.618 level 2) Price is rejecting the 1.12 key support zone 3) Technically a 4hr higher high was made so this could be a higher low and therefore trend reversal Stop Loss is around 40 pips to leave it below previous lows through...

Morning traders, Out with another range trade on US dollar being oversold- this time Aussie Dollar sell versus US dollar on a combination of techincal indicators and chart work. On our chart if you zoom out slightly you can see the long term descending trendlines in purple which is being respected yet again with volumes slowing as we head to the top of the...

Good morning traders, And welcome to a new week- our recent tradingview charts were unfortunately removed due to us breaking house rules of including our website in the title. So we are reposting this US dollar Japanese Yen setup from Friday which is still live. Friday was an extremely technical day with option expiry's driving Yen pricing into the end of the...

After being stopped out at breakeven on my last EURUAD trade I am now looking for a second entry. The bearish 4hr trendline has been broken and today a higher high was made on the 4hr. I am now looking for a long trade on the next higher low to take advantage of this new trend. All analysis is marked on the chart and my entry is going to be around 1.57650 if...

Simple trend continuation trade on CHFJPY. Higher lows and bullish trendline with price now rejecting the Fibonacci 0.618 retracement level and TL. Higher lows showing bullish momentum is still present so there is potential for CHFJPY to now break the resistance level at 112.00 and make a new higher high. Stop Loss is at 30 pips to leave it below the 0.786

GU similar setup as EURGBP, let's see if it follows suit with EG. We're in consolidation right now, Just wait for a BREAK and RETEST.

After the successful short trade on gold last month I am now looking to short the precious metal again at the $1308 level. Price has made a lower high and is now approaching the descending trendline along with the Fib 0.618 level at $1308. Stop Loss is placed around 50 pips above entry with a profit target at the Fib 1.27 extension level around $1270

Here we have a simple 4hr trend continuation trade on GJ. Price has made higher highs and lows on the 4hr timeframe and has now broken a descending bearish trendline. I will be looking to go long on the next 4hr higher low which lines up with a trendline bounce. Fib 0.618 lines up with both trendlines intersecting so this could be a high probability set up....

GBPUSD Long opportunity by utilising the weekend gap down on open. The rest of the analysis for a long bias is the bullish trendline, fib 0.618 retracement and the structure zone at this level on the chart. Stop loss = 50pips I will move my stop loss to breakeven when the gap is closed.

You can see where price has entered our support and resistance zone before and bounced back out of it. This time we are expecting another bounce as price is at this level again, we are expecting price to use this zone or area as support therefore making bullish movement from this level. We have quiet a few news releases tomorrow that will directly target this...