As shown on the chart, A breakout to the north side confirms a bullish momentum and therefore a safe buy with SL under the previous resistance and TP at 1.65049 After announcing hawkish reports throughout the month of November, the EUR remains strong over the Aussie which in the contrary came with negative reports for the month, we're yet expecting some bullish...
As shown on the chart, Gold has failed to breach previous support, leading to a demand for gains. A $10 spike at the end of Friday's session shows us that the shiny metal it's not playing games when it comes to bullish gains in the following days. Drop a like if you've found this idea useful. Feel free to engage on the comments and share your ideas.
As shown on the chart, EURNZD trades on a short therm downtrend on the 4H chart. The main things we want to look at here are a pullback to the north side and a continuation of this trend to the south. this pullback should bounce from the trend line creating an excellent Sell opportunity in favor of the NZD which is considered on the of strongest currencies at the...
As explained on the chart, many factors lead to the thought that CADJPY its a potential buy on the 4H chart. A bearish breakout of the bullish pennant would be a change in price and this idea becomes invalid, but this seems unlikely due to Canada's economic reports for this month, such as the positive GDP report. Trade safe and protect your capital at all cost....
Bitcoin bounced from Monthly lows to recover some strength and get back in the game after consecutive loses. a dogi at the bottom of the trend line on the 4H chart show how the price changed and the bulls took control of the market. after such loses, a retest of 13,000 doesn't seem far. Uptrends seem to be forming on the lower time frames, such as the 1H and 4H...
Simple technical analysis of this trend follower. Short USDCHF for a very likely opportunity to make some profit. The USDCHF its currently trading an uptrend on the higher time frame chart, such as the 1D, 4H and 1H chart. I this occasion we will place a sell order on the pullback from this up trend to ride it down south for profit. Find an entry on the lower...
Long GBPNZD, find a position before it break the triangle upwards. A break to the downside would mean an invalidation of the trade.
CADJPY after some attempts to become a downtrend last week, CADJPY managed to settle over the trend line on the last hour of the market. Find an entry on the 4H time frame for a profitable long.
CADJPY Downtrend forming on the daily chart, sell after pull back.
Short EURNZD's downtrend on the 4H chart for profit. Find a retracement to place a short below 1.72656 will be the key to success. Entry Below - 1.72656 TP - 1.70515
The CADCHF broke it's previous uptrend last week, leaving room for a downtrend. Short on the 4H chart.
Long EURAUD to bank some profits on this newly formed uptrend.
USDMXN continuous downtrend, short at the entry point for 7 R/R profit. 4H. Technical analysis.
Even though I was in favor of the downtrend on the EURAUD, observing it's movement through this slow day gave fruits. Previous downtrend has been broken giving free way for an uptrend full of pips to grab. Entry - 1.60716 TP 3 - 1.63046 TP 2 - 1.62004 TP 1 - 1.61163 SL - 1.60327 Technical analysis, news might cause some disruption.