CapitalHillFX

CapitalHillFX

Onto US30, we've just pulled back to an hourly significant level of interest and price is been continuously bouncing bullishly. Scoping down into the 5 minute time frame, we have two major zones outlined. The larger zone is a general idea of where price may reverse and the smaller zone is a more precise level where price may react with. I'll be waiting for price...

CapitalHillFX

On GbpJpy, price is beginning to extend towards a daily significant level. I'll be trading a bearish bounce off of this resistance level if it holds. If we get could get another short-term bullish push towards the upside and overextend into this level, I'll be monitoring price action to see if I could identify and bearish reversal patterns. Once I do, the trade...

CapitalHillFX

Looking at EurJpy price has recently broken a daily significant level that is notable for a bullish setup. Scoping into the 5 minute timeframe, price has exhibited a break and retest of this level while successfully shooting towards the upside. I would want price to come back down to the level before possibly capturing another upside movement. The candlestick...

CapitalHillFX

The market structure on GbpUsd seems to be shifting from a bullish to bearish sentiment on the daily timeframe. Ever since price has approached the Weekly Resistance Level, sellers have made themselves more apparent and clear downtrend structure has been established. Scoping into the 4H charts, the most recent bearish candle has aggressively broke through the...

CapitalHillFX

Looking at EurUsd, we could notice on the daily charts that ever since we've approached the Monthly Non-Horizontal Resistance Level, we've established bearish market structure. With this being said, it seems the sellers have predominately taken over. Scoping into the 4H charts, price has just recently broken a significant level of interest and is currently...

CapitalHillFX

Happy market open everyone! Let's see if we could bounce back after a tough last week. Looking at AudUsd, price seems to be pulling back to a potential pivot point that includes a Non-Horizontal & Horizontal Significant Level. If price shows bearish sensitivity around this area, I'll look to take sells.

CapitalHillFX

Looking at AudJpy, the analysis has changed a little since the last post. Price had a bullish push above the Significant Daily Level and could be signaling some buyer strength in the future. I'll be waiting to see if price could pullback all the way to the level before creating more uptrend structure. If I notice bullish rejection bounce away from the level, I'll...

CapitalHillFX

As for GbpAud, I anticipated price pulling back to this daily level and reacting with bullish rejection like we are now. If price continues to show bullish sensitivity around this predefined level, I'll look to place longs. Waiting to see how the candle closes.

CapitalHillFX

On CadJpy, we've had a strong bearish rejection away from the Non-Horizontal Resistance Level and broke some market structure. Price has pulled back to the recent swing low and is beginning to follow with some bearish rejection. If we could get some stronger rejection, I'll look to dip in.

CapitalHillFX

Looking at CadChf, price has dropped away from the Daily Horizontal Level and bounced at the significant horizontal level that it's been rejecting at for the past month. Considering this level is very significant and includes a Non-Horizontal Support Level for confluence, I'll be waiting for price to provide a strong bullish candle closure off of the level...

CapitalHillFX

We could be seeing a potential sell setup forming on AudJpy. On the daily charts, price has been in a bearish correction movement, which has caused the short-term to switch from bullish to bearish. Now, we've just recently cracked a Significant Daily Level and come back to retest as resistance. For the time being, we are showing some bearish rejection away from...

CapitalHillFX

Looking at EthUsd, price is beginning to play out as I expected around a week ago! Price has pulled back to the lower level around 2900. Now wouldn't be a bad time to throw some money into ETH. As for short term plays, I would wait for a bullish bounce off of this level before validating any type of buying pressure. I still believe in the long-term bullish bias...

CapitalHillFX

Looking at AudUsd, recent price action has been favoring the sellers when technically analyzing the charts. We've recently broken a Weekly Horizontal Level and continued with some bearish momentum. I'll be waiting for price to come back to a Significant Pivot Point that includes a Weekly Horizontal Level and Non-Horizontal Resistance Level. The multiple levels...

CapitalHillFX

There's a couple different ways that GbpAud could play out. It's possible that price could continue it's bullish momentum and break the current resistance level it's approaching. In this case, I would be trading the break and and retest of that level. If prices begin to drop, the lower Daily Significant Level would be a potential zone where price may react with....

CapitalHillFX

As for CadJpy, we've just had a strong bearish rally push away from the Non-Horizontal Resistance Level on the 4H charts. Considering this move cracked a significant level, I'll be waiting to see if price could pullback to the predefined zone before making another bearish push towards the downside.

CapitalHillFX

On CadChf, we may have a potential buy setup forming. We've had a clear bullish break of market structure and price has pulled back to the Daily Horizontal Level and reacted with bullish rejection previously. Now, we are back at the level for a potential retest as support. If bullish rejection is present, I'll be looking to place a buy order.

CapitalHillFX

On CadChf, recently we've come to a significant level and displayed bullish rejection which broke the Daily Horizontal Level that was outlined. This break in structure could be a potential sign of strength in the future. With this being said, I'm looking to capture a hopefully bullish rally towards the upside. If we could get a pullback to this level, and follow...

CapitalHillFX

Recent market structure on the daily charts show that UsdCad has been impressively bullish over the last few months. Buyers have been showing their participation and I plan on capturing a potential bullish rally. Scoping down to the H4 charts, price has pulled back to an interesting pivot point. This area not only includes 2 Non-Horizontal Support Levels, but...