danielmbatu

danielmbatu Updated 

Pair currently oversold on 1-4hrs time frame. Use TP and SL

danielmbatu

Price is now on a major resistance. The Stochastic RSi for 4 Hrs, 3 Hrs and 2 Hrs timeframe are on the oversold level. The 3 Hrs and 2 Hrs time frame will synchronize by 4pm GMT A 2:1 risk ratio is advisable

danielmbatu

Presently price is about to hit the 45 mins resistance. I have 2 reasons why the GBP will fall. 1) With the upcoming Retail sales (9:30am GMT) and T. May potential resignation news, i expect GBP to fall. The DXY and trade war doesnt do the USD any favours but considering the GBP current state, i believe the GBP will fall. 2) The traders sentiment is long as...

danielmbatu Updated 

Price on Sell zone... Stop loss and take profit levels shown on Chart

danielmbatu Updated 

Price on supply zones. I expect it to fall. I have depicted a Stop Loss/Take profit levels on chart

05:35

danielmbatu Updated 

Looking to take a sell position considering the NFP news later today. With the NFP news data to be negative, i would expect the dollar to fall. Please see video for my analysis

danielmbatu Updated 

Price on major support level 0.70072. I expect the price to bounce off this support to the nearest resistance level 0.70284. A further increase might be seen tomorrow by 1:30 during the NFP news as i expect the dollars to fall. Stop loss should be on the next support level 0.69886

danielmbatu

With the Fed expected to either cut or leave the rate unchanged, i expect the dollar to fall to the levels below (Green Level). Use the Red Level as Stop loss

danielmbatu Updated 

DXY to fall more than 100 pips on Wednesday...so i expect usdjpy to fall below 111.0, eurusd to rise above 1.12, gbpusd to rise to 1.296 Audusd to rise to 0.709 Federal Reserve System (Fed) Interest Rate Decision @ 1 May 2019 18:00 GMT.

danielmbatu Updated 

- Technically, I have identified 3 major resistance that the price may test however the overall trend will be a sell. The Gross Domestic Product (GDP) @ 26 Apr 2019 12:30 GMT may also push the dollar down. I would suggest you use a stop loss which should be the next resistance level if the market doesn't go down. - Fundamentally, there are 4 major news next...

danielmbatu Updated 

Hello guys I'm new TDV and there goes my first analysis. 20 pips trading with a risk ratio of 2:1. Wait for price to hit the resistance and enter a short position Stop loss: Resistance + 10 pips Take profit: Resistance - 20 pips

danielmbatu Updated 

Wait for price to reach the support and then enter long. Use risk ratio of 2:1