Pair: AUDCAD Timeframe: 4H Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern break ————— Key Takeaway: Price is seeing a lot of bullish pressure and we have just seen a break of a major resistance trend line, we are waiting for a close above dynamic resistance as price could be producing a fake out which we have to...
Pair: EURJPY Timeframe: 4H Analysis: Round number level, trend line, volume profile, support and resistance, descending triangle pattern ————— Key Takeaway: Price trended and then went into ranging, we have seen loads of weakness in the EUR which leads me to believe we will go into another trending period (bearish) ————— Level needed: need a close by...
Pair: AUDJPY Timeframe: 1D Analysis: Round number level, trend line, volume profile, support and resistance, ascending triangle, double bottom ————— Key Takeaway: Price has already broken price to the upside of the ascending triangle and come back down for a re-test. We have also seen that a double bottom has formed indicating strength of the resistance turned...
Pair: USDCAD Timeframe: 1H , 4H Analysis: Round number level, trend line, volume profile, support and resistance, head and shoulder pattern ————— Key Takeaway: USD is dropping significantly today and we are going to squeeze gains out of this retracement. Bounced very nicely off resistance on the right hand shoulder and seeing great bearish pressure now...
Pair: XAUUSD POTENTIAL BREAKOUT Timeframe: 1H , 4H Analysis: Round number level, trend line, volume profile, support and resistance, ascending triangle ————— Key Takeaway: Price has been downtrending for some time and would not be surprised we we see price break this level of support on ascending triangle, going to wait for US open and see what the movement...
Pair: NZDUSD Timeframe: 1H , 4H Analysis: Round number level, trend line, volume profile, support and resistance, trend channel break ————— Key Takeaway: Price has stuck to this hugely ranged trend channel for quite sometime and it is possible we could in fact see breaks. We need to see closes and re-tests below this level of support before we can enter, always...
Pair: CADJPY Timeframe: 1H , 4H Analysis: Round number level, trend line, volume profile, support and resistance, ascending triangle, bounce off key levels ————— Key Takeaway: Seen a big retracement for the pair of the past couple of weeks down to a critical level that has now been touched, we are looking for a big swing of bullish momentum before signs for entry...
Pair: USDCHF Timeframe: 1D , 4H Analysis: Round number level, trend line, volume profile, support and resistance, breakout ————— Key Takeaway: There is a lot of strength for USD itself so the main bias is bullish, we will be looking for breaks of resistance. We have already broken high volume level we just need a close above resistance ————— Level needed: need a...
Pair: AUDUSD Timeframe: 1D , 4H Analysis: Round number level, trend line, volume profile, support and resistance, descending wedge pattern, head and shoulder pattern ————— Key Takeaway: Seen alot of bearish pressure for the pair but the market closed near a pullback level last week. We need to see price maybe retrace a bit more before coming back down. ————— Level...
Pair: GBPUSD Timeframe: 1D , 4H Analysis: Round number level, trend line, volume profile, support and resistance, trend channel ————— Key Takeaway: been ranging in our downward trend channel for some time and there are alot of bearish fundamentals for GBP, we need to see a bounce off broken support turned resistance and the top of our trend channel ————— Level...
Pair: GBPUSD Timeframe: 1D , 4H Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern ————— Key Takeaway: If we see a break above our rounded number and top of pennant patter on the next 4H close we will be looking for potential buy trades. We need to also see alot of volatility for the pair. ————— Level needed: need a...
Pair: AUDCAD Timeframe: 1H , 4H Analysis: Round number level, trend line, volume profile, support and resistance, descending triangle pattern ————— Key Takeaway: Alot of bullish momentum for AUD as it is altogether, we are at a critical level of reaction at the moment by the top of our descending triangle. We are looking for a close above this level on the 4H...
Pair: USDCHF Timeframe: 1H , 4H Analysis: Round number level, trend line, volume profile, support and resistance ————— Key Takeaway: Seen some good strength for USD which will ultimately bring this pair down, we need to see a close below support if it gets broken and rounded number to be entering short although the possibility of a bounce is also in...
Pair: EURAUD Timeframe: 1H , 4H Analysis: Round number level, trend line, volume profile, support and resistance, n pattern, ————— Key Takeaway: Seen a break of support and a huge bearish drop in price, we need a close below this level before we enter ————— Level needed: need a close by 1.46900 ————— Trade: Short RISK:REWARD 1:5 ————— DO NOT ENTER OUR SETUPS...
Pair: CADJPY Timeframe: 1D , 4H Analysis: Round number level, trend line, volume profile, support and resistance, consolidation ————— Key Takeaway: Looking for breaks of this consolidation period, we have breached this level of support numerous times and we need to see a close below. looking to take profits on trend line suppot ————— Level needed: need a close by...
Pair: EURNZD Timeframe: 1D , 4H Analysis: Round number level, trend line, volume profile, support and resistance, pennant, ascending triangle ————— Key Takeaway: Seeing a breach of this vitally strong level of resistance, we have also seen a retest of this level indicating price will move upward through it. ————— Level needed: need a close by...
Pair: AUDNZD Timeframe: 1D , 4H Analysis: Round number level, trend line, volume profile, support and resistance, trend channel, consolidation period ————— Key Takeaway: Been consolidating by this level of support for quite some time now and we are seeing alot of big wicks on top of recent candles indicating the rejection of bullish momentum. We need to see a...
Pair: CADCHF Timeframe: 1D , 4H Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern ————— Key Takeaway: If we close below this support level of pennant we will look for short entry, we have also already broken high volume level, if we start seeing bullish momentum against this level then we are seeing a bounce and...