Sentinalx

Sentinalx Updated 

USD has seen it its bottom from 114 to 102.88 region sice last few months. owing to the fundamental development and lastest trends in macro economics , the first safety flight was Gold which rose to 2010 usd before a decline. The rise in USD has started in my opinion and it can be seen that it will rise to 105-106 levels in the come days Price Entry -...

Sentinalx

Here we can see that GBPJPY is reaching a resistance and supplu Zone ... the price has already once rejected off the highs near 167.90 and got sold. the price is once again reaching deciding Zone. and rejection from the supply zone will open door from 167.50 to 162. with the major news coming this week we can expect the confluence to arise. best of luck .....

Sentinalx Updated 

Here we can see that CADJPY is reaching its supply zone from the major uptrend. with the major news coming for cad this week. i expect CADJPY to get short and reach the downside highlighted zones. best of luck . target remains to be 97.55

Sentinalx Updated 

Similar to other safe heaven assests, the technical indicator and fundamentals suggest that gold has seen its pull back to 1984 levels and has now started to rise up. after CPI i expect gold to further rise to 2060 level and then test the high of 2020 which was 2076 usd.

Sentinalx Updated 

so we can see that JPY has hit the major support area at 835 and starting to bounce before CPI. we should be cautious here for taking longs but over fundamental situation dictates that JPY is starting its rise. SL below -828 tp - 856 entry 835-832 it is continuation of over all flight to safety .... gold then USD and then JPY as risk off safe heavens ....

Sentinalx Updated 

same as other USD pairs, we will take the lead here from USD and not EUR currency strength. With all the fundamentals towards USD , i am of the opinion that EURUSD top is here with a potential short setup with 1. SELL at or near : 1.0831 SL 1.0950 TP 1.0 543 the trade might take time as USD is still waking up and EUR is still about to reach its resistance...

Sentinalx Updated 

GBPUSD SHORT Entry _ 1.2287 to 1.2337 SL - 1.2513 TP - 1.2061 Comparing the fundamental and economical data, the interst rates and infaltion alongwith GDP q/q, it is clear that GBP is becoming less demanded currency against the USD. With earlier ranges crossed and mometum shift in process , i believe that GBPUSD is heading for a clear short position from here...

Sentinalx Updated 

Price of GBP nzd has been making a tighter range highs latest. with over all fundamental situation on the horizon , i am expecting it to fall to lower support of 1.9541 sell entry : 1.98 SL - 1.9921 tp : 1.9540 interst rates of Nzd is 4.75 and GBP is 4.25 which favours bais. infaltion is higher in britain around 10 percent with lower GDP q/q which also favours...

Sentinalx Updated 

New trade Setup Idea the pair has been making lower lows and lower highs on the chart . Fundamentally, GBP has reached it higher potential even after the BOE temporary push to keep it at 7 weeks high levels against the USD. the fears in the Banking sector, Real estate sector have led to the flight to safety which has started from GOLD rise. it will be followed...

Sentinalx Updated 

The price has come to a major demand zone and has moved exactly as predicted. we can initiated a buy till 1856 with stop below 1765

Sentinalx Updated 

With Nzd Data out and stable and market volatility starting to vanish, we can initiate a long position on the pair at 1.0570 level for target 1.0685 sl are below the last H4 best of luck

Sentinalx Updated 

The price is failing3 to go below 1.3610 and this support has acted out well so far. opening a long position is recomended . buy level 1.3642 SL 1.3604 tp 1.3740 with major news items coming in days and GBP economy very strong and techincal formation getting into shape... its going to move up in my perspective

Sentinalx Updated 

ascending triangle formation long above 1409 with targets at 1812 best of luck

Sentinalx Updated 

the price has again rejected off the boundary while USD is still rising with bullish englufing candle being formed. we can initiate a sell here till tp 1. 1.3660 tp 2. 1.3634 tp 3. 1.3580 Stops at 1.3810

Sentinalx

Cable upmov is getting into an ascending triangle. any break above 1.3775 and closure will confirm the break out of the ascending triangle and thus will trigger buys on the pair. however any clousre below 1.3571 will trigger sell orders. with massive shorts added on USD and neutral GBP in COT is confirming the buys here. in any way we remain reactive and not...

Sentinalx Updated 

the price has been rejecting off this level with Sp500 rejecting the high side and VIX rising and USD approaching support, we can initiate a short postion to 1.3680 with Stops at 1.3810 R:R - 1:1 best of luck

Sentinalx Updated 

Flattening pattern triple bottom pull back setup buy at 1.6840 and tp 1.7010 SL . 1.6775 high probability trade setup

Sentinalx Updated 

with Stimulus facing head winds and USD lower channel stabilizing an upmov is limited and a down mov seems open here. buys below 1.3650 - 1.3750 and sell around 1.3750.1.3770 till 1.3385 dont buy or sell in the middle of no where. only trade at or around a resistance and never get burned. best of luck