YertuntsTrader

YertuntsTrader

Oil prices have fallen in last few weeks, but the bullish trend continues for a long term. If USOIL get shows a support at the level of 74.20 and bullish forming, I open long trade. Why oil is still bullish ? 1. World oil production rose 790 kb/d in August to 101.3 mb/d, with a strong recovery in Libya and smaller gains from Saudi Arabia and the UAE offset by...

YertuntsTrader

EURAUD is seen breaking a strong downtrend line. EURX continues to fall. All we have to do is wait, of course. 1. Confirm that you have taken a breakout 2. EURAUD need form bullish sign 3. Go to entry pullback 4. Don't forget RISK MANAGEMENT !!!

YertuntsTrader

USDJPY is trading swing high levels as Japan's central bank talks about taking notice. At point 1 , price makes a swing high and sells off sharply afterwards. This is when most trades will start noticing the level and they are prepared to sell when price comes back. At point 2 , price is approaching the level again but turns ahead of the line. Many traders have...

YertuntsTrader

After a long period of uptrend, US DOLLAR INDEX reached its critical point. The Fed raised interest rates last week. After that, dollar index a very strong growth and reached the level of 114.400. What's next ? I have no problem admitting that the XXX/USD short trade is the only trade right now, with the US Federal Reserve and other central banks intent on...

YertuntsTrader

Opening a trade right now will not bring good results, so it is better to wait for a while. In the short-term consolidating movement is breaking down, gold is continues down, but price supporting at 1620 and forming a bullish candle. If this short term rally in gold is rejection at 1648 and a forming bearish candle , I will opening a short trade. If this level...

YertuntsTrader

USDCHF is trading around 0.98600, a level tested twice before. It is very important that this level is a good resistance at this time. For me, the trading forecast is that this time the USDCHF will rise and the rise will continue. Because Price action is still no bearish momentum.

YertuntsTrader

Gold has broken the major level of 1680, which has become a very bearish trend. It is currently trading in a Consolidation movement in the short term. Multiple attempts to break the highs but price can't break up the resistance line /1680.00/ This is a very good signal to enter a short trade.

YertuntsTrader

Gold closed strongly bullish on Friday, but it's not expected continue. Currently, GOLD is holding at the resistance level of 1710-1712. If price get rejection from here back to 1678 level.

YertuntsTrader

USDCHF has reached an important bullish or bearish level what's next ? Bullish strength has reached previous HL levels and is holding , i thinks it's potential bearish sign. Opening a short trade at the 0.98800 level would be a very low risk trade.

YertuntsTrader

GBPUSD devaluation continues. Personally, I recommend people to trade long term at 1.22700-1.22900 level.

YertuntsTrader

EURUSD has broken the strong support line of 1.00000, showing get support at 0.99000. Now EURUSD currently trading above 100 EMA and strong resistance zone. Looking good short trade. EURUSD can't break this upper trendline ! Reminder: DXY increased and XXX/USD decreased

YertuntsTrader

GBPUSD test the level of 1.17500 and show a fall, and it looks like it has broken the level of 1.16800, which was a strong support on the 4-hour chart. Today, GBPUSD will check 1.16800 and continue to fall.

YertuntsTrader

According to the previous analysis, the price of gold showed a strong fall, Checking the previous low /1723-1720/ level, it seems to have received support. I think short traders should wait for break support level

YertuntsTrader

On Friday, gold decreased in price from 1755. Gold closed at 1734. Next week, traders must be curious how market is going be between 1716-1711. If price breaks through the support line, it may go down till 1680-1677. Powell released news on interest rate - if it is necessary, they will increase the interest rate. Because of the news, DXY increased and XXX/USD decreased.

YertuntsTrader Updated 

EURUSD is headed for a strong bearish trend, but EURUSD is stabilizing at the 0.99900 level and getting support. My guess is that eurusd forming double bottom pattern is forming. If the price can break above this level and show growth, then the growth can continue and test the level of 1.03.

YertuntsTrader Updated 

USDJPY did strong decline above the 137.600 level, but the USDJPY has stabilized at the 136.300 level. USDJPY is can't making new LL points, which is a sign of strong support in this area 136.300 REMINDER: Wait for break pattern.

YertuntsTrader

Mental training helps individuals to improve their performance by preparing their emotions and mind. Focus, confidence, and motivations are important factors of mental factors. According to a study done at Brown University, it may be possible to train your brain’s automatic emotional responses. It may improve your experience in trading. To be a mentally tough...

YertuntsTrader

EURCAD has formed a very strong bearish trend, EURCAD was get support 1.30300 and entered range movement, At the moment, this range is moving and looks like it has broken down, so short trading is expected.