I just took an instant sell trade on AUDJPY. We could price already declining from an intraday level which acts as a resistance.
USDCHF DAILY; Buyers have pushed prices higher to an important level of resistance/supply zone(1.0050-1.0020). It looks like buyers could push prices higher past this major level because of the US Dollar strength. There have been some sharp declines in XAUUSD(Gold). GOLD and the Swiss Franc correlate. If we could see some break above this zone then the price...
From yesterday we saw some gains from the US Dollar. At the Daily timeframe, we could see the price of the dollar in a strong bullish trend. Price is resting on the 20 and 50 EMA(dynamic support) also on a trendline. Fundamentally, we could expect more interest rates hike from the FED because recently CPI Inflation numbers were high. Such actions would boost the...
I am speculating about seeing more selloffs in EURUSD; this is the daily timeframe. We could see price in a declining channel. Also, the 20 and 50EMA are acting as a dynamic resistance. Fundamentally; the latest reported inflation data shows there was an increase thus the FED will most likely increase the interest rate in their next interest rate policy meeting.
I am speculating shorting XAUUSD, I see price selling off to the marked support/demand level.
At the hourly timeframe, we could see the price at an intraday potential intra-support (demand) zone. From the right we could see some bullish reaction anytime the price comes to the zone. I am speculating for a buy or we could see some selloff below the level because the US Dollar started the week with some losses. Fundamentally the BOC Governor says they plan...
Bitcoin price has been stuck in a range for some weeks. Buyers are failing to push prices above the price resistance of $20400. The major support/demand level has been a zone where buyers tend to fill their orders and push back upwards. Bitcoin price data has also been impacted fundamentally due to economical factors from the United States(Inflation and Interest...
This is a free trade signal on XAUUSD. It's a SELL-STOP ENTRY ENTRY: $1697.25 STOPLOSS/EXIT: $1708.25 PROFIT TARGET: $1675.29 At the price chart, we could see price creating lower highs after rejection from a major level of resistance/supply
Hello Everyone I missed sharing this trade with the channel. I took a buy on LTCUSD. Price has been in a range for some days, the price seems to be at the support/demand level and I am speculating for a reversal. I will be buying Litecoin short-term. My entry was $52.84. I advise placing your stop loss/exit at a good level
USDJPY SPECULATION Price has gotten to a major level of resistance/supply. We could see a reversal from this level
Bitcoin has been finding support from the price zone of $18,700=$18,500. Sellers haven't been able to push beneath this zone for some days. If buyers come filling positions then we could see price short-term gains back up to $20,500 and potential long-term gains to $22,500=$22,700
I am looking for a selling opportunity. This trade is also based on a fundamental view. The Bank of Japan has intervened to pop up the Japanese yen following months of decline against the US Dollar. The yen has plummeted by almost a quarter against the greenback this year as the Bank of Japan pursues ultra-loose monetary policies while the US Federal Reserve...
Buying gold. The reason is that price is in a range. Sellers is at the bottom(support level). I am speculating about a reversal
Sellers has pushed lower creating series of LH's. Now price broke beneath a minor level and retested. I am taking a sell trade at this retest zone. ENTRY: 1.2280 TAKEPROFIT: 1.2136(144pips) STOPLOSS: 1.2316(36pips) RR: 1:4
Price has been bouncing off from a trendline support. Now price has finally come back to the trendline. This is a buy signal. This trendline has confluences with all moving averages as well.
The Dollar has been strengthening against the sterling. This week will there be a deep correction(sellers closing positions and buyers coming for a short while)? I am in favor of buying the USD but we have to be cautious of opening a sell signal not to be stopped because there could be a deep correction/retracement.
The currency pair is currently heading to a HTF bullish order block where buyers of AUD could come in but the USD strength could push price aggressively beneath the zone. Any of this price action in the upcoming days of the week would offer a very good trade signal. I am currently biased and have no idea of price direction. NOTE: The market structure is in favor...