Forex_Monster

Forex_Monster Updated 

Price Action

Forex_Monster

Price Action

Forex_Monster Updated 

Price Action Analysis

Forex_Monster

Price Action

Forex_Monster Updated 

Price Action

Forex_Monster

Price Action Analysis A close above the strong resistance will signal more bullish trend. A reversal at the strong resistance plus a close below the channel will be a Bearish downtrend for USDJPY

Forex_Monster

Price Action

Forex_Monster Updated 

Last week, price broke through a major resistance point which is now a major support . Price is expected to continue is bullish outlook to 1.1133 where it will met its major resistance.

Forex_Monster

Price Action

Forex_Monster Updated 

Price Action Analysis

Forex_Monster Updated 

Price Action Analysis

Forex_Monster Updated 

Sentiment: Strongly Bearish Due to oversold status of GBPUSD at smaller timeframe, I am expecting a short term Buy to 1.24262 . I will use a trailing stop of 30 points till 1.24262 to avoid a sharp down in price. I will continue using a trailing stop to guage my profit should the market continue uptrend in short term. A rejection at any minor LeveL: 1.24262 or...

Forex_Monster

I qm expecting a buy from the Monthly demand Level to major resistance . I expect a down trend from 0.6957 to 0.67850

Forex_Monster Updated 

Short AUDUSD after 0.70406 has broken and confirmation of the trend line. TP 1: 0.7000 TP 2: 0.6957 STop-Loss: 0.7095 Goodluck This is just my thought

Forex_Monster Updated 

Assumptoion on H4: An H4 candle close below 1.24882 (minor support) confirmed with RSI below 50 will expose 1.2391 as our TP. Buy from 1.2391 with Stop-Loss at 1.2370. If 1.24882 (minor support) is maintained and there is a bounce off, wait for 1.2567 (major resistance) as retest then sell with Stop-Loss at 1.2600. Assumption on D1: There is a Daily close below...

Forex_Monster

I am expecting a sell from 5.65505 (Major Resistance) to 5.52510 (Buy Zone). From 5.52510 (Buy Zone), I will buy USD against TRY to Major Resistance 1 as TP1 and Major Resistance 2 as TP 2

Forex_Monster

At a strong weekly resistance. If close below it, then we going way down.

Forex_Monster

Now, it has closed above 1283 resistance level which is now support. Next, the market is heading towards a close at 1295 resistance level. A close above 1295 will expose 1306. If unable to close above 1295 then a down to 1236 support level might come to play. Conclusion INSTRUMENT XAUUSD ACTION BUY PRICE 1285 STOP-LOSS 1282 TP 1295