TrustedFxTrades

TrustedFxTrades

Trade Path 1: Price recently broke to the upside passing the previous lower highs. A pullback into support level 164.000 is potential for longs into 167.000. Price could also simply to continue to rise from where it is now and not give us a buying opportunity. Trade Path 2: If price manages to break under support level 164.000, could see a possible retest from...

TrustedFxTrades

Trade Path 1: XAUUSD is currently forming uptrend structure on the 4HR time frame. Price pulled back to find strong level of support at 1835.00 where price could bounce off of and head up to 1870. If price falls through 1835.00 we still have 1830.00 acting as support for an upside push. Trade Path 2: If price manages to break under support level 1830.00, this...

TrustedFxTrades

Trade Path 1: GBPUSD is currently forming uptrend structure forming higher highs and higher lows on the 4HR. Price came down to strong support level 1.22000 level to retest. Could see price bounce off here to form a higher high into 1.24500. Trade Path 2: Even though we are forming uptrend on the 4HR timeframe. Overall on the daily we are still in a downtrend....

TrustedFxTrades

Trade Path 1: Price broke under support 0.69500 which it is currently testing. It also broke under the previous lower timeframe structure. Could see price retest 0.69500 and head lower into 0.68500. Trade Path 2: If price manages to break above the higher at .70500, price could retest it and push higher.

TrustedFxTrades

Trade Path 1: EURUSD is currently testing a strong level of support at 1.04500. We could see price respect this and continue pushing up into the next resistance at 1.06000 Trade Path 2: If EURUSD breaks under 1.04500 and breaks the lower timeframe structure. Price could continue to push lower into the previous lows.

TrustedFxTrades

Preferred Trade Path: Price has broken out of a major ascending trendline and also started forming downtrend structure on the 4 hour timeframe. Potential sell orders from a retest of resistance at psychological level 1.65000. Alternate Trade Path: Price brake above psychological level 1.65000 and retest it as support for the continuation of the Daily uptrend structure.

TrustedFxTrades

Preferred Trade Path: XAUUSD broke out of the downtrend structure and out of the descending trendline. Possible re-test of psychological levels 1850 and 1840's to take long positions on higher low points. Alternate Trade Path: If prices come down and breaks through psychological level 1830.00 it would be breaking structure to the downside forming a down...

TrustedFxTrades

Preferred Trade Path: DXY has starting to form downtrend structure on the 4 hour. Price recently formed a bearish flag which it is breaking out of now. The flag broke under strong psychological level 103.000. Would like price to continue its downtrend to reach our next psychological level of 102.000. Alternate Trade Path: If price manages to break above...

TrustedFxTrades

Price is currently stuck between two psychological levels 1900.000 and 1950.000. Any break of these two levels we could expect a retest to enter the market.

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Price broke a strong ascending trendline, we could see price respect level of resistance and head back down to support around 157.500.

TrustedFxTrades

Price is in an uptrend making higher highs and higher lows. We pulled back quite nicely to an ascending trendline and support zone. Could see price head up from here. If price breaks previous higher low, price could see a significant drop.

TrustedFxTrades

Price is currently sitting in a downtrend. We could see price continue momentum to reach support level 1.30000, IF price pops back up resistance at 1.32000, we could se it act as support making price reach the next resistance of 1.33000.

TrustedFxTrades

Price is in an uptrend but is currently stuck on consolidation. A pullback around level 0.74250 would be looking for longs. Breaking under both levels of support and we could see price fall further.

TrustedFxTrades

Price currently sitting on the bottom of a giant bear flag and support of 1.10000. If price doesn't break out of the ascending trendline we can see it bounce off and head back up into resistance. If we sea a break of the trendline and a break under support 1.09500, we can see a push back into support at 1.08000.

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Price is currently sitting in consolidation. We have resistance above at 99.250 and support at 98.000.

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EUR/USD is currently sitting in a downtrend structure. Price rejected resistance and psychological level 1.11000 twice. Price has formed a correction and is currently breaking out. Looking for price to reach the bottom of the correction to 1.08000.

TrustedFxTrades

CADJPY is forming a 1-23 correction on the 4HR. I see two possibilities for shorts next week. 1) Price can fall through now making the correction a contracting flat. 2) Price can make the third wave bigger to pass the first wake to make a 1-2-3 flat up to ascending trendline and the for price to fall from there.

TrustedFxTrades

NZDJPY has pushed all the way down the daily low. I see two possibilities for next week. 1) For uptrend to be respected we must not break pas the las low. For longs, I would like to see a bullish impulse and correction on lower timeframe. 2) For shorts, a break of the last low and support, a bearish impulse, and a correction wonder the support now resistance.