Youza

Youza Updated 

Yesterday we saw Fed Chairman Jerome Powell speak rather dovish on the economic outlook and the position of the fed. Off the back of these comments, we saw the DXY climb above previous structure highs with momentum growing to the upside and breaking the 2021 highs. Currently, DXY has broken the high but will need to close and remain above to confirm the dollar...

Youza

I have highlighted a bull channel that is showing signs of momentum to the upside.

Youza

Completed head and shoulders pattern and profits have been taken. We wait for the next entry point.

Youza Updated 

As the dollar pulls back some previous gains, Price now has a rough 50pip support level to test before making either a push to the upside or break for further momentum lower. 1.20 is definitely a key area for this pair right now. The building to NFP has started with a view to some improved employment numbers following Bide's increase in vaccinations but is this...

Youza

Are we starting to see the push to the upside? Did the bulls really buy the dip? Higher highs and lows are showing some signs. Influences from China have pushed prices higher with production rates slowing. We remain bullish for the long-term valuation and have eyes on the next entry point. NASDAQ remains bullish on economic return - the Tech industry is going...

Youza Updated 

As price approaches resistance levels above, what is next for Bitcoin? An article over the weekend explained that Elon Musk has lost near 20Billion since his purchase of the cryptocurrency which has also had a negative impact on Tesla's stock value. Is or has the bubble burst? Are we seeing some short-term profit-taking that is pushing the price down? Will one...

Youza Updated 

Still bullish here. Waiting for a break above 1.2170 resistance level to confirm a move higher. Look to enter on the retest with targets set around 1.2350. What are your thoughts? Please let me know in the comments below.

Youza Updated 

Bulls all over this today. Our last idea has hit partial TP as we carry small positions north. Entry can be shown on 5m or 15m for scalps into 58k+

Youza Updated 

Will need to see some shorter time frame price action to confirm this move. It's very much a counter-trend trade as we enter a short-term easing downtrend formed off the back of a VERY bullish rally. Let's be honest here, Musk isn't an idiot. He made those comments to allow more people to get in on the action. Lower the price, fill the boat and ride it to the...

Youza Updated 

To complete the downtrend. Let's see. 1:9 risk to reward.

Youza Updated 

DXY has been range-bound for a period of time now, bottoming out with little signs of a trend. Signs of a breakout of the bear trend. Targets set for a test of the previous range highs.

Youza

OANDA:GBPCHF Currently analysis showing a bullish pennant / bullish triangle pattern. Still very hesitant to get in on any GBP for the following reasons: - Price is too high to start entering - Major move has already taken place - High volatility due to Brexit To be a bull in this situation: - Wait for confirmation of the triangle break as the price is...

Youza Updated 

OANDA:USDCHF USDCHF 240 Short setup - Price has recently broken the longterm trend - Now in corrective wave - Lower low waiting on confirmation of lower high - Will allow for possible false breakout Wait and see.

Youza

OANDA:USDCAD We are starting to see signs of momentum slowing down. Support levels set with next week/next months plans in place for a return to lows if key level is broken. Given the current economic conditions, we cannot rule out a possible bull rally. The greenback is looking strong but it approaching some levels of resistance and should see tests of the...

Youza

OANDA:EURNZD EURNZD Weekly outlook Price has been bullish since late July with no major pullbacks. We did see some small areas of consolidation but nothing too major from the bears. We now have a triangle pattern forming with a key level highlighted in yellow. 2 plans on this: - To be a bull in the pair ideally we would need a break of falling resistance...

Youza

OANDA:USDCAD USDCAD weekly outlook: Seen a recent double top formation with a strong uptrend holding. Naturally, we are looking to break this line and rally back to support levels. We still have to consider further bullish control if we break above the highs. - To be a bull in this pair we are waiting for a break of trend and target previous levels. USD is...

Youza

OANDA:USDJPY USDJPY weekly outlook - Long term bearish trend with some short term bull momentum following wedge breakout. Is there a potential for an inverted head and shoulders pattern? Not putting all eggs in one basket on that plan but could happen. Rising trend line heading to key resistance above means we are waiting at this level for price to test and...

Youza Updated 

OANDA:GBPUSD GBPUSD 240 Analysis Been in a long term downtrend within the channel currently grinding lower with Brexit talks and a strong US economy with a newly resolved trade war and strong data. - THE BE A BULL: We are now seeing a rising uptrend; if we can break above the channel mean then some short term buying can be a potential setup but still...