YourLazyTrader

YourLazyTrader Updated 

Dear traders and the Tradingview community. What I have for you is a nice set-up in EUR/NZD which can give us more than 300 Pips worth of profit if this plays out nicely. From the chart, you can see that EUR/NZD is at a demand level. 1.75 remains unbroken, which is a positive sign for the bulls here. As an aggressive trader, I have already bought EUR/NZD@1.75...

YourLazyTrader Updated 

Hello traders and the entire tradingview community! EUR/JPY is currently in a squeeze. The squeeze is getting narrower, which means there will be a big movement very soon. Whether the move happens to the upside or downside depends on the price action around the 100-hour moving average. If you see a strong bullish candlestick that breaks above the 157.20 level,...

YourLazyTrader

Hello traders and the entire Tradingview community! I will take a look at the hourly chart of GBP/JPY and analyze it for you. If you look at the chart, you will notice that GJ is slowly building up a base around the 182.50 level. The immediate hurdle lies around the 183.15 area, which is the 100-hour moving average. If we see a strongly bullish candle...

YourLazyTrader Updated 

Hello traders and the entire Tradingview community! Last week we witnessed a fake-out in XAU/USD. While it seemed like Gold had finally broken through the resistance at the 2080 level, the break-out was short-lived. Price rapidly fell below the resistance level once again, and currently, Gold is hovering around the 1980 level. Based on the weekly chart, there...

YourLazyTrader Updated 

Greeting fellow traders and the entire Tradingview community. This is a set-up which was on my mind for the last few days. Thankfully, CPI data from the US propelled NZD/JPY to the level I was targeting in my mind. Price has reached the previous high. So, do you think we should sell it? Ideally, we need to wait for a couple of bearish candles before pulling the...

YourLazyTrader Updated 

Hello traders and the entire Tradingview community! EUR/USD was propelled to the atmosphere yesterday by the weak CPI data from the US. Well, if you know, data is just an excuse, the big banks and institutions tuned their algos perfectly to smack us, retail traders, in the face with the 200 pip bullish move :P But, we are not going to give up that easily now,...

YourLazyTrader Updated 

Hello, Tradingview community and fellow traders! Many traders were probably caught off guard by yesterday's huge bullish impulse in GBP/USD. If I remember correctly, GBPUSD moved more than 200 pips during the New York session yesterday. The move was fueled by the CPI data release from the US. Honestly, I was prepared for a move to 1.2420 but I didn't think it...

YourLazyTrader

Greetings Tradingview community and fellow traders! So, GBP/USD traders especially those who are short got a nasty shock today. CPI data from the US propelled GBPUSD straight to the stratosphere. But, things are slowing down a bit now. Based on the Price action in the 15-minute timeframe, bulls are exhausted now. So, this gives us a sell opportunity, right?...

YourLazyTrader Updated 

Dear traders, we saw some whipsaw moves in GBP/USD yesterday during the ADP data. With NFP data coming out in a few hours, expect a similar move today as well. During the NFP data release, if GBP/USD climbs to either of the supply levels indicated in my chart, I would consider selling GBP/USD with long-term TP at 1.2470.

YourLazyTrader

Dear traders, a couple of days ago, when GJ was at 183.80, I recommended you to sell it. If you followed my idea, you are already in 140 Pips profit. At present, if you look at the daily chart in GBP/JPY, yoh can see that price has broken out of a key structure. This indicates the possibility of a big decline in GBP/JPY. As long as price stays below the 184...

YourLazyTrader Updated 

Dear traders, if you look at the 4hour chart in Gold closely, you can see that the dynamic resistance (100 EMA) in the 4Hour chart has stopped the rallies in Gold in many occasions in the last few weeks. Currently, Gold is at the 4-hour resistance level once again. So far. the Gold bulls have not been able to break the resistance level . So, if Gold doesn't...

YourLazyTrader Updated 

Dear traders, GBP/JPY's bullish momentum is fading and we are seeing increasing bearish pressure on GBP/JPY. 184 level has not been breached, and we have multiple rejection candlesticks in this level. So, if the bears step at this level, expect a rapid and big decline in GBP/JPY. There is a potential for a 1200 Pip fall to 171 leve l. So, look for...

YourLazyTrader Updated 

Dear traders, in my previous EUR/USD idea, I advised you to Sell EURUSD@1.0960. As you can see, that trade gave us more than 120 Pips profit. Looking at the current price action, it seems EUR/USD will fall to the 1.0830 level once again. I do not recommend putting any new trades in EUR/USD at the moment. However, short-term trades can consider selling EUR/USD at...

YourLazyTrader

Dear traders, if you look the daily chart in GBP/USD, the last few candlesticks indicate that the bullish momentum is fading. Wicks at the top of the last three candles indicate mounting bearish pressure. Based on this, we can consider sell entries in GBP/USD@1.2730-1.2750 with SL above 1.2780 and TP at 1.2460 .

YourLazyTrader Updated 

Dear traders, in my yesterday's EURUSD analysis, I recommended selling EURUSD@1.0930 That trade is currently running in profit. If we look at the daily chart, we can see the formation of a long-legged Doji candlestick in the daily chart, which indicates indecision. However, as long as price stays below the 1.0930 level, the bias is tilted to the bearish side....

YourLazyTrader Updated 

Dear traders, in the daily chart of GBP/USD, we can see that the bullish momentum has faded in the last 6-7 days. After hitting the 1.2830 level, price is slowly retreating. Yesterday's daily candle is a long-legged doji which indicates indecision in the market . However, looking at the price action it seems 1.2720 is now a solid resistance in the hourly chart...

YourLazyTrader Updated 

Dear traders, GBP/JPY's bullish momentum is fading. If you look at the 4Hour chart, the last few 4H candlesticks have not been able to breach the resistance level. If this price action continues, we can expect a fall in GBPJPY to 180.84 level. Traders can consider selling GBP/JPY@183.60-183.80 with stop loss above resistance and TP at 180.80 .

YourLazyTrader Updated 

Dear traders, GBP/USD pulled back to 1.2720 at the end of last week. However, the current price action indicates that the rally is fizzling out. So, if the current price action persists, expect another fall to 1.2590 or lower. Short-term traders can take advantage of this to sell the rallies in GBP/USD