Forexrein

Forexrein

A quick short setup for Gold on 6H timeframe before we go long. Enjoy this beautiful trade.

Forexrein

Bullish move for USDJPY to 154. Incoming news should help push the USD upside

Forexrein

Shorting NAS from the Redline resistance. A fall before another bullish move

Forexrein

A quick pullback for GBPUSD before continuing upside

Forexrein

Gold sell idea from 1950. Dollar is still very strong and not looking to go down soon. As the market has already absorbed all the negative news. Hence we need a new economic news that will impact the US dollar negatively, in order, for the dollar to go down.

Forexrein

Gold could potentially resume a downward trend, but it all depends on how DXY moves this week. I have analysed a short idea, waiting for the markets reaction this week.

Forexrein

New developments could potentially take USDJPY to 158 before dropping. Sell still on unless we have a daily close above 151.55

Forexrein

USDJPY has been in the process of completing the daily structure. Ideally wait form the daily close today, with a close below 151.09 to enter short trades. Fundamental: The US go to war in Syria Will we see a drop before the market closes?

Forexrein

GBPUSD still bullish targets are still intact. first TP stands at 1.26 Correction after a strong bullish breakout

Forexrein

Sell still active on usdjpy a head and shoulders pattern has been formed on 12H. Short with TP1 at 148.00

Forexrein Updated 

I waiting to go short on USDJPY from 152.11 price point. Dollar strength is weakening. Increased government borrowing is at its highest. A longterm downtrend for the dollar is inevitable. Comment your thoughts on the USDJPY pair.

Forexrein

Overview of my DXY sell idea. I have been following this for a longtime but i've decided to share it. Technically my chart explains itself, but fundamentally the US economy is in a very bad shape, increased government borrowing and on the brink of a debt default, inflation, war, all this is affecting the US which hasn't fully recovered from the coronavirus...

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CAD Bearish continuation is expected between the pair next week when the market opens. A pullback to 109.90 might come it to play before the next leg down. Fundamental : Canadian economy is on track to enter technical recession. Thanks for reading my analysis. Comment below if you think we will see downside between the pair. Disclaimer: This analysis is only...

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My road map to 1.30 . As the US Dollar enters into a longterm bearish trend. The GBP continues to get stronger. Fundamental : The bank of England steadies interest rate. Comment below if you think the GBP will get to 1.30. Thanks for reading my analysis. Disclaimer: Please do your own research, there is no guarantee this analysis will play out according to the analyst.

Forexrein

GOLD has a bullish longterm overview on the daily timeframe, with set targets as each resistance gets broken. fundamentally, with the war currently going on between Isreal and Palestine, high volatility is bound to push gold higher. Also, the Dollar will fall as Biden continue to seek funding in billion of dollars, which will cause supply of dollar to be higher...

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Gold has completed its wave 5, which seems to be a truncated wave. A truncated wave generally means that the asset is bearish, when wave 5 cannot break above the end of wave 3. The reversal would come with strong downward momentum

Forexrein

DXY has completed its correction, we are due to see another impulse to the downside. Expecting a catalyst that will bring selling pressure.

Forexrein

GBPJPY is currently trading in a bearish channel, the current formation of a bearish triangle inside the channel and price currently retesting the previous resistance, should potentially lead to a selling pressure. Good news for the bears..