Nice potential buy set up on UsdCad, Price has came back down into demand zone. Im looking for price to go back into the supply zone around 1.28000.
My take on USDJPY is bearish. We have the 114.000 holding as a nice resistance zone coupled with price consolidating in a supply area from 113.900 between 113.500. Im looking for price to fall down into the 112.700 area. Good Luck trading!
Based on my analysis I'm looking for price to move up into the 158.943 area. Setting stops below 157.800. GBPJPY has been having continuous bullish momentum. After price retested the previous high around 157.370 and came back above the low residing at 157.670, that was a good sign price was ready to continue upwards. With the current trend in place we should see...
After forming a double top at the 1.38900 level. Im anticipating a move towards 1.37800 since we have not retested that area as of yet. Good Trading People.
Price has came down and cleared liquidity residing below 35219, I would anticipate a move to the upside targeting 35599 area where they may be potential sell stops residing. Good Luck traders
Expecting us30 to target the price level near 35307. My thought process behind this trade idea is that there is liquidity residing below those levels, Also price has not retraced below the price level of 35219. Most likely you will have some buy stops residing below those levels, once those are taken out it should give us30 enough momentum to continue for higher...
Looking for another drop in price on EURUSD. Continuing to target the lower levels towards 1.1700. Good Luck traders.
After failing to pass above previous resistance area surrounding 1.1884, Im looking for price to continue its decline towards the next support level of 1.1700.
After spotting volume bullish divergence, Divergence on the RSI and a bullish trendline on the 5min chart. I'm looking for TP at 1.19100. Good Luck Traders.
Potential short opportunity from 1.21912 to Tp- 1.21212. Divergence confluence throughout timeframes 5m-1hr shows weakening in current rally.
EURUSD Will fall to the 1.7000 level. After being short since the beginning of this year, the trend should continue downwards and if so I'm expecting a target area of 1.7000.