YGForex

YGForex

USDCAD was able to make a higher opening price as we can see in the chart. (Red circle) Price Level will recover back to that price level in a matter of time. Having said that, the closest support level will be @1.3340. As of now, this is the direction I will be looking towards trading USDCAD and will be wise to have a bearish bias when entering any trade for...

YGForex

As we can see, EURJPY tested the support level @117.60 but failed to breakthrough that support level. Now, we can see a potential climb to 119.60 breaking a weak resistance level @118.90 price level. At this point of time, I do not see it breaking the support level, thus initiating a long position now can be a valid trade.

YGForex

As we can see the price level for AUDCAD is currently near the resistance level @0.8890. We should expect this price to fall to the near support level according to the trendline that I draw. Having said that, I will see it fall to 0.8620 price level. Will update again!!! What are your views? FOLLOW us on Tradingview for latest updates and analysis!!!! Do LIKE if...

YGForex

As we can see GBPAUD have been on an uptrend recently and definitely will be interesting to see if it will continue its uptrend or fall downwards. As of now, the bias is towards the bullish side as the trend is heading upwards but I see a potential breakthrough in the support level and to enter a short position will be best if it breaks 1.9750 support level. I can...

YGForex

As we can see USDCHF have been testing this strong resistance level @0.9740 price level which it did not managed to breakthrough several time. What I am planning to see from this movement is a lower head (low) which is only possible forming at this resistance level . If we were to look at the 1H chart we can also see a double head formation forming a "M" shape...

YGForex

As we can see EURJPY has reached a strong support level @116.95 price level which it failed to breakthrough followed by a higher bottom shape forming for EURJPY. I am potentially seeing this pair climb up to the strong resistance level @119.65 with possible small retracement on the way. As of now, a potential "W" shape will help assure our trade. FOLLOW us on...

YGForex

As we can, few weeks back EURCAD managed to open at a gap of higher price (green circle) but we did not see any breakthrough in resistance level. In fact, price consolidation formed at the resistance level and we can see that EURCAD is losing its strength. Therefore, I am looking for a potential short position to its support level @1.5055. FOLLOW us on...

YGForex

As we can see a price consolidation is occurring near its resistance level @1.4275 price level. What I am expecting to see is price level reaching that resistance before starting to fall to the support level @1.3660 price level. Look for the best entry leve;. As of now, rather straightforward pattern forming. Will update again if any changes in movement. FOLLOW...

YGForex

As you can see from my analysis, there is 2 possible outcome for this currency pair as of now. Best option is to wait till further movement for the best entry point. Best entry point will be near the resistance level. 1. First Outcome (Most Likely): We will not see a breakthrough on the 0.9725 resistance level level. We will see a potential reversal which will...

YGForex

We could already see price consolidation starting to form with USDJPY unable to breakthrough a strong support level @108. I am seeing this pair reversing towards the bullish side continuing its uptrend momemtum. As of now, bullish bias will update again. FOLLOW us on Tradingview for latest updates and analysis!!!! Do LIKE if you agree with our idea and COMMENT...

YGForex

There is 2 possible entry point: now or 1520 price level. As of now, I do not believe in XAUUSD breaking its resistance level @1575 price level. Having said that, I am looking towards a bullish momentum to form and seeing XAUUSD reaching a higher high breaking the 1680 price level resistance. FOLLOW us on Tradingview for latest updates and analysis!!!! Do LIKE if...

YGForex

We can see EURUSD failed to breakthrough its resistance level @1.1070 and now we are looking at a downtrend to its support level @1.9000. Possible Breakthrough on its support level but we have to look out for strong bearish candle after the breakthrough to determine this. Will update again. FOLLOW us on Tradingview for latest updates and analysis!!!! Do LIKE if...

YGForex

Currently, I believe GBPAUD will move minimally to its support level (around 100pips away). Opening a short position will be wise as I could see this pair breaking its support level and moving all the way to 1.9100 price level. Having said that, we have to monitor this pair and assure a false breakout do not occur. (Look out for strong candlestick or candle...

YGForex

We can see USDCAD is currently near its resistance level @1.4185 price level. What I am expecting to see is a bearish movement down to the support level @1.3650 with the aid of upcoming CAD news. I believe a lower head will be formed assuring us the weakening of strength for this pair. FOLLOW us on Tradingview for latest updates and analysis!!!! Do LIKE if you...

YGForex

We can see GBPUSD is now at a resistance level @1.2350 price level. We could see the recent rise in price for GBPUSD and what I am expecting now is a fall in price level to the support level @1.2050. After which, we have to keep a look out at the candlestick and if it heads towards the bullish side we can see it going all the way to 1.2800 price level. If it...

YGForex

We can see that USDJPY have recently have a strong bearish movement which broke the resistance level @108.00 price level. Will potentially see it moving towards the 105 price level. After which, a strong candle will determine the continuation of the bearish movement or a change in direction to the bullish side. If it moves towards the bullish side, I will see it...

YGForex

As we can see NZDUSD have been continuing its downtrend for quite sometime. (Bearish Bias) Recently, NZDUSD was able to climb all the way to its resistance level and therefore keep a lookout at a potential candlestick that will determine its bullish or bearish movement. As for now, I will be going with the bearish bias and will potentially see it falling to the...

YGForex

I am sure everyone was waiting for the retracement back to 1580 price level before opening a Long position for this pair. Similarly, I was looking waiting for the drop in Price. But if you do look at my set up for XAUUSD, it is currently at a support level following its trend. Opening and Closing of daily candle can be seen happening at this support level and...