EurUsd remains in a range after the ECB left rates unchanged, announced favourable TLTROs and pushed the first rate hikes into 2020. This was ALL PRICED IN. The Euro is now higher as a result. We may take out the 1.1300 level if Draghi does nothing to inspire dovishness.
The Euro has held up recently due to the US Dollar weakness. However, ECB Villeroy said Europe was facing great economic uncertainties, with trade tension the biggest threat to growth. On the data front, Eurozone CPI was softer than expected. At the same time, Kiwi did receive a bit of support after the RBNZ Assistant Governor said rates would remain 'broadly'...
The day close with a doji candle and in the 4H charts we have a consolidation since $1328.00 to the $320.00 zone and also its making support in the moving average (blue). We need to wait for a break of the consolidation for any entry with around 100 PIPs.
-DAILY MORNING STAR -4H & 2H TIMEFRAME BREAK OUT OF CONSOLIDATION ZONE -EXUASTION BUY TRADE ( THREE SWING LOWS, CONSOLIDATION NOW BUY) -140.000 PSHYCOLOGICAL LEVEL AT A STRONG MONTHLY RESISTANCE.
4H Chart Explanation: - Price bounced on the Support Zone and broke the Descending Channel. - Now, it has potential to move up towards the Descending Trendline at 0,71125. We are looking for buy setups on lower timeframes. Updates coming soon! Weekly Vision: Daily Vision:
The 1 hour timeframe of the AUDCAD is presented with a closer look at the most recent chart pattern development and price action. Price action from May 22, 2019 to current date is captured using a rising wedge (diagonal) chart pattern (ideally bearish). Besides, price closing outside of the chart pattern provides confirmation that lower prices can be expected in...
This is the first trade against the trend thats way is a risky one. In one hour we are looking for a close below $1320.00 for confirmation of the pull back and further downside. We could have another trade in 4H chart when the price close below $1320.00 and for Take profit the $1310.00 zone. In case that the price couldnt close below the 1320.00 zone que move our...
looking 8200 form sell opportunity´s if bitcoin can give me some doji or spinning tops. Bitcoin can blow up to 10K very fast if 8200 is broke. And the bull run its going to impact the market.
Possible long on the EUR/USD - Waiting for the candle to form.....30 - 60 Pips +
Hi guys, The pair is currently consolidating in a range. It's forming a triangle. I am only looking to sell the pair. For that, I need it to break the triangle to the downside. My target will be the bottom of the range.
Bias: Short Confluences: 1, Butterfly Pattern 2, Daily Resistance 3, RSI Oversold on Daily 4, RSI Divergence on H4 and H1 5, Triple Top on H1
Hi guys, We are in a range, parallel channel broke to the downside. I am targeting the bottom of the range @ 0.74370. It's a 11-pip trade. Happy trading Jesse
AUD/CHF, D1: Support zone + Bullish engulfing + Oversold & Convergence on RSI(14)
If we get a click break of the correct market structure on the 1hr chart we can look to take a short position into new lows
-WEEKLY HANGING MAN -DAILY SHOOTING STAR -CONSOLIDATION AFTER A BULLISH MOMENTUM -LOOKING FOR A BREAK OF MY WHITE UPTREND TRENDLINE
Conclusion for today’s EURJPY analysis: Price closing below ~120.33 suggests an increase in bearish momentum in the EURJPY that should lead to further selling. EURJPY analysis for today is presented on the Daily timeframe with coverage of over 6 years price action. Reason for looking at such longer term range is to highlight the current bullish trendline in...