ShaunGadd02

ShaunGadd02

Strong Potential for XAUUSD to continue a bear run towards 1879 after the hawkish Fed announcements from yesterday. USD sentiment seems very strong let's see how this plays out!

ShaunGadd02

Gold is likely to see a retest of 1884 area before a roll over targeting 1850. A break above 1884 will make this trade invalid. DXY (USD Currency Index) has broken above 90.200 with a strong bull run which shows us strength in the USD in the short term at least, potentially moving into the longer term. This position is an Intra Day - Swing depending on market...

ShaunGadd02 Updated 

Hello Traders! I hope you are all well... Here I have an opportunity for potential GA shorts to catch 28 pips. Looking at the higher timeframes (Daily,4H) it is clear that GA has been moving strongly to the upside for a long time , however more recently the pair has been consolidating, making it a 50/50 chance which direction GA will move next. Major support...

ShaunGadd02 Updated 

Hello Traders! Here I have some nice clean simple GBP/JPY analysis... Overall on the higher timeframes (Daily, 4H) GJ is clearly moving bullish, from this information I am only comfortable taking buys. Strong support formed and identified on the 4H timeframe @144.450. Resistance formed and identified on the 1H timeframe @144.600. In between the identified...

ShaunGadd02

Hey guys hope you are all well! I have a nice clean GJ set up here ready to start the week strong! Strong support identified on the Daily timeframe @143.00 Intraday support formed on the 1H timeframe @144.300 Range identified on the 1H / 30 minute timeframe. On Friday last week, the daily candle closed bullish. Price reached 144.900 before starting to reject...

ShaunGadd02 Updated 

GJ has seen a very strong bullish rally during today's market sessions. High amounts of volatility came into the market due to the Interest Rates set today by the BOE along with a statement by the governor, which is why there was such big movements in the GBP today. Price started a rally from support @142.950 and rallied strongly over 100 pips to the upside...

ShaunGadd02

GBP/AUD has broken out of a range in between 1.79130 - 1.79400, that is also a strong well respected area of resistance formed on the 4H timeframe and a more minor area of support formed on the 30 minute chart. The zones show very strong signs of bearish momentum stepping into the market. Upon the breakout of support identified on the 30 minute chart, GA started...

ShaunGadd02 Updated 

EUR/JPY has been moving in a strong uptrend for the last 24 hours, and has come up to a strong resistance zone @126.120 a few hours ago. From the resistance area @126.120, EJ has rejected and started to move in a sense to the downside, but due to invalid market volume, EJ has found itself in a tight range between 126.040-126.120. The next time volume will come...

ShaunGadd02 Updated 

Hey guys hope you are all well! It's currently looking like the bears have complete control over Gold at the moment. It is looking very likely that the market is retesting 1860.700 after a breakout to the downside from this price. As you can see on Friday, Gold had broken out of a consolidation zone @1860.700 and shot down to 1843.430. From 1843.430 price has...

ShaunGadd02 Updated 

Gold has been seeing some very clean moves to the upside over the last few days, consistently making LH and HH. As of today, gold has broken a major area of resistance @1860.400 area that I have identified on the Daily timeframe, this level is a very well respected area. The fact that the level has been broken shows huge potential for a further move to the upside...

ShaunGadd02 Updated 

Hey guys hope you are all well! Gold has been in a harsh range for a few days now which I have been keeping my eye on. A big part of the harsh movements in gold at the moment is due to the uncertainty of what president elect Joe Biden has to say tomorrow which is making the market move extremely sketchy. With gold ranging for a number of days I do expect a huge...

ShaunGadd02

EUR/JPY has been moving sharply to the downside easily seen on the higher timeframes (Daily and 4H). EJ has broken a major well respected area of support that has been identified on the Daily timeframe and over the course of the last 2 days, the market has retested the break @126.170 as resistance seen clearly on all timeframes. Along with the retest, there is a...

ShaunGadd02 Updated 

OVERVIEW: Yesterday I called a sell trade on GBP/JPY from 140.900 to target 140.340 which ended up being a 55 pip win! As soon as the target was hit the market has spent the current trading day retesting 140.900 break of support as NEW RESISTANCE. There is now another opportunity to go short on GJ as it is coming up to NYSE open which could bring high volume into...

ShaunGadd02 Updated 

TECHNICAL ANALYSIS Here is another beautiful set up on GBP/JPY for a potential 55 pip move! As you can see GJ had seen a wide range of consolidation last week which was also a very well respected area of resistance identified on the daily timeframe @142.00. On Friday 15th January, GJ finally broke out of consolidation zone to the downside, aggressively down...

ShaunGadd02

GBP/JPY has been moving strongly to the upside for a while now, fundamentally this is because of the mass COVID-19 vaccination programme going ahead in the UK which the markets are pricing in bullish for GBP despite the fact that the UK is currently in full national lockdown and a massive chunk of the economy is currently closed. As of today on the charts, GBP/JPY...

ShaunGadd02

Here is another nice clean, simple set up on GBP/AUD today. As you can see GBP/AUD has been trending to the upside for some time now creating consistent LH and HH along with a trend line where the market has created a low and then a new high 3 times now recently, despite the fact that the UK is in full national lockdown. Typically this means a BEARISH GBP, ...

ShaunGadd02 Updated 

Here we have another nice clean GBP/JPY set up. GJ has been moving aggressively to the downside since the start of the trading week, dropping 170 pips from a major area of resistance at 141.250 (1D TF) all the way down to a major area of support at 139.500 that I have also identified on the Daily timeframe. As of now, the market is currently in a consolidation...

ShaunGadd02 Updated 

GBP/JPY has recently been moving to the upside, however upon todays trading session's there has been a shift in trend from the upside to the downside. As you can see, there has been a break of the trend line which indicates the shift in trend(140.735), price retested the break and continued to the downside towards an area of support that I have identified on the...