US30 is coiling on demand zone. Based on our analysis the market will go higher, to the underlined resistance. Please, leave a comment and support us with like.
The USDJPY is set to repeat the previous price action so we are again looking for a lower high that will put the squeeze on recent buyers. The momentum is starting to fade and sellers jumping into the action so just waiting for the entry setup. ------------------------------------------------------------- WE TRADE WHAT WE TEACH Check out our recent Live...
AUDCAD has reached the important level. I expect rejection from 94.000, there are 3 important points with significant clues towards bearish bias. - DAILY KEY LEVEL - REALLY STRONG TREND LINE - STRONG PRICE 94.000
GBPCHF reached a strong support area. Based on our view the price will accumulate, to the next resistance level. Please, leave a comment and support us with like.
In this video I am looking at various aspects of trading the Lira, namely its technical underpinnings and using a relative strength assessment to check its possible trend momentum. I look at the Turkey MSCI ishares ETF for correlation and volume as a proxy for what may happen to Lira pairs. Enjoy! Francesco
Daily Analysis of EURCHF A) Here, we have a clear scenario of a broken trendline after the price reaching a major support zone on the weekly chart. B) Now, we can see a corrective structure supported on the broken descending trendline. C) Our current plan is waiting for a breakout of the corrective structure and trade towards the next support zone.
GBPCHF H4 - Same reasoning for EG shorts, fundamentals spiking GBP and market volume comes into play and EUR/LON markets react to weekend headlines. Still best practice to let the dust settle after such an opening. Personally like to let London morning do it's thing before looking to scout any trades out around NA/LON overlap time.
EURGBP H4 - We saw this bounce from support to resistance over the course of last week, market gapped down and then retest that 0.91 handle nicely. We covered this in the weekly watchlist video posted yesterday, strong GBP gains as we kicked off EUR and LON open!
NZD/USD: • If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart. • If price pushes up impulsively to and ideally just above our upper trend line, then I'll be waiting for a convincing push...
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Hello! Price of NZD is located at local top poin (if look from Weekly/Daily range) and now we are insider Rising Flag setup. Here is 2 options to go. I've noticed rounded up top shape and rounded bottom line, this is quite unique.
CADJPY - buy open, in small draw down still valid for entry. The entry price, SL and multiple TPs are shown on the chart. Our back testing and money management strategy itself is holding until a reverse signal to ride a big trend, but as you will not see the next signal - manage the trade as you wish should you decide to enter. What is our strategy? Our...
GBPCAD - sell now open. The entry price, SL and multiple TPs are shown on the chart. Our back testing and money management strategy itself is holding until a reverse signal to ride a big trend, but as you will not see the next signal - manage the trade as you wish should you decide to enter. What is our strategy? Our strategy is a trend following strategy,...
EURNZD - sell now open. The entry price, SL and multiple TPs are shown on the chart. Our back testing and money management strategy itself is holding until a reverse signal to ride a big trend, but as you will not see the next signal - manage the trade as you wish should you decide to enter. What is our strategy? Our strategy is a trend following strategy,...
EURGBP oversold and technicals lining up nicely for a buy. 1. RSI in buy zone 2. Price at support (channel area) 3. Pair swings up and down frequently. Entry 1 @ .9030 area Entry 2 @ .9000 TP 1 @ 0.9108 TP 2 @ 0.9152 Good luck and let me know if there are any questions. Charles V CVFX Management Trading made Simple