NZDUSD has just reached the buying point in what it seems to be an uptrend. Entry, invalidation and exit are shown on the chart. I strongly believe there's a great opportunity in going bullish on this one because of the profit margin. TRADE SAFE. Just an Idea
POTENTIAL SHORT ON THE EURAUD. TREND LINE HAS REJECTED THE PRICE ONCE AGAIN SO WE DO EXPECT THE EURO TO HEAD SOUTH. THIS IS A GOOD OPPORTUNITY TO MAKE 4.7 R/R PROFIT FOR THE PATIENT. INVALIDATION - 1.60966 ENTRY - 1.60683 EXIT - 1.59214 TECHNICAL ANALYSIS.
Gold it's currently following a downtrend on the daily time frame as seen and proven on this chart. The US currency, Indexes and stocks rallied throughout the week to record heights, dumping the price of gold to the lowest in weeks. We should expect some strength coming from the Shinny metal between next week or the one after.
Just and Idea of a high profit swing trade on the NZDAUD
DESPITE BEING BULLISH, THE USDCHF HAS REACHED A DECISIVE POINT, WHERE IT HAS TO CHOOSE WHETHER IT'LL START AND UPTREND BY PIERCING THROUGH THE TOP OF THE TREND LINE AND BEYOND OR FALL FOR CONSOLIDATION. THE MOST LIKELY OUTCOME COULD BE A FALL, UNLESS IT GETS PUSHED UPWARDS. TRADE CAREFULLY.
BEARISH PATTERN FORMING ON THE EURUSD. ALSO UNCLOSED GAP REPORTED ON THE DAILY CHART in MAY 2019.
USDJPY Trend line hit. SHORT BELOW 108.435 TO 107.428 FOR A COUPLE PIPS OF PROFIT.
BRENT OIL APPROACHING THE TREND LINE AND STRONG RESISTANCE LEVEL. SHORT FROM 62.69 TARGET - 59.30 TECHNICAL ANALYSIS, NOT FINANCIAL ADVICE. TRADE SAFE AND PROTECT YOUR CAPITAL.
Gold will most likely bounce down from that 1278 resistance line and touch support, so bearish movement might be expected today possibly.
The CHFJPY might Possibly go up in the following days. We can tell by looking at the trend that it's following. The Stochastic analysis points upwards as well, supporting the analysis.
As shown on the analysis, USDCAD downtred it's running out of steam. It'll be a matter of time before the rocket blast off.
Nice set up to Short USDCAD next week. It's currently following a downtrend. We will position ourselves just below the resistance to short to support level.
Dont miss on this opportunity to Long GBPUSD. Falling bearish Chanel, indicating an imminent rally upwards. To support our theory we can use the trend line from which it bounced from. Entry - 1.27987 SL - 1.27470 TP - 1.31638
Despite being on an uptrend, the Sterling Kiwi (GBPNZD) has constantly been rejected at the top, making three previous lower highs and two higher lows, meaning that we should expect an extra higher low. 1H SELL SET UP ENTRY- 2.01915 TP- 2.00880 SL- 2.02391 Trade safe with appropriate risk management. SECURE YOUR CAPITAL AT ALL COST!
Event though the Kiwi Ninja it's forming and uptrend, it has entered the correction phase, heading back to the demand zone, creating a good short set up for a profitable ride on this trend in this calm pair full of opportunities. we'll be entering the trade on one of the pullbacks. Downtrend structure. Entry- 69.189 TP- 67.583 SL 69.458 Good luck for those...
The Sterling Ninja it's currently following an up trend trading near the 141.499 resistance . As it's commonly known after a breakout we must expect a short pullback before it's continuation and this trading idea it's about profiting from that pull back. SHORT ENTRY - Below 141.499 TP - 135.582 SL - 142.243
We're still following the down trend. The negative US news launched our precious metal high during NY session, but at the end of the day the market always goes back to it's trend. We can see how it went over the 1491 resistance and then went came back down to settle under the resistance again to continue descending. This could be a great opportunity for a...