USDCAD H4 We are evidently seeing the USD see a little bit of weakness, but can we hold support on USDCAD lows until we can gear up for some strength/corrective moves. Very similar to what we were expecting from USDCHF, but USDCHF seems to be breaking support now after trying to hold for so long. CAD losing a little bit of ground early doors as we see WTI drop...
NZDCAD H4 Our 0.91450 region held as support, even factoring in the big downside market gaps. Soon recovered just like we did on the 31st January market open too. Same trading zones to be followed this week with this trading pair. Clear support/resistance trading range from 0.91450 to 0.92250.
USDCHF H4 Finally woken up after a couple of days on consolidation from support. Always going on about focussing on less pairs but focussing more on what you've got your eye on. This way you understand what has influenced the pair recently to date. Fingers crossed this is a sizeable move to follow. EUCHF below 1.08, not sure how long this will last though,...
GBPUSD H4 Looking to realise this full correction down to 1.37400, probably something we focus on next week as opposed to this week. Been a while since we saw a cable pullback, so this will be good for us to look to position ourselves in line with potential GBP longs again.
Morning traders After a 50 pip winning trade earlier on this week our script has just alerted us to this sell trade. We all know this pair is well over bought this week but when was the time to enter that sell? When our script tells us too! Trading our script is this simple. No excessive chart time analysing! Simply set the script to your style and trade when...
GBPCHF H4 Super clear bullish trend seen on GCHF, looking for a pullback to the intersection price highlighted. This would also tie in quite nicely with GBPJPY analysis, very similar moving pairs which we have been waiting for, for the last couple of days, even dating back to late last week infact.
It looks like it been overbought these couple months. A very strong and stable growing company. For those who doesn't know they are the literal owners of the NYSE so no doubt in the growth. Our opinion is to wait for a Cool-Down and then buy at the dip.
Hi Everyone! One of our top picks for up-coming weeks is Unity Software Inc (U) with a surprising 14% drop on Friday. Here we tried to show a trendline for a 6 month period where we clearly can see that Unity followed it for a while, then it been overbought and now it is coming back to its normal flow. We can confidently say that an entry from here would be safe.
GBPUSD H4 - We are still trying to break above that 1.37 handle, USD weakness again as we crack beneath the latest s/r zone on the DXY. Analysis to follow. 1.37 is the latest breakout high... as well as a whole number resistance price. From 1.37 down to 1.36 offer 1:5R, looking to capitalise on this if we approach 1.37 with reversal signals, lower timeframe...
EURGBP D1 - Big daily reversal signal required first, this may even be one we have to wait for until next week, today may find support, tomorrow might be the bull signal and then we can look to get involved. 0.89 support is a fairly substantial daily support/demand zone.
EURJPY H4 - Euro has seen some quite significant weakness so far this week, pulling downside back within our range box consolidation areas. It would be good to see a two stage reversal on support. Buying from support would compliment out first rule. 2 stage reversal would be a perfect confirmation after such a sequential bearish trend too.
GBPUSD M15 - We need to address this resistance zone, really looking to pop above this to continue corrective (upside) momentum.
USDJPY H4 - Very similar structure to USDCAD and DXY here, break of support areas, continued 'LL' theme. Hopefully we can resist 103.000 and continue downside.
DXY H4 - Downside market gap for DXY, as per our weekly watchlist... we are looking to set fresh lows very early on. GU popping higher and gold also seemingly on a mission. Lots to keep an eye out for this week and next week, confirming our consensus basically. USD weakness, GBP strength, on the fence with EUR at the moment.
Highlights of the video showing TradeFab's Pivot-Reversal strategy V3.12 in action trading XBTUSD @ 15mins: study script which can be backtested and allows to generate alerts for fully-automated trading current script support fully-automated trading via Alertatron - alert messages are pre-defined built-in backtest engine results are clearly shown in a...
EURAUD D1 - Support to resistance range is back in play, support has been adjusted slightly after last weeks downside attempt, broke back above 1.61, rejected that monthly key level at 1.62, retesting 1.61 support zone again, could be a good area to catch bid if this support holds.
GBPJPY H4 - Absolutely slammed 200-300 pips downside on most GBP pairs, following each support zone, one zone at a time, not trying to catch the bottom of the move. Personally sitting on the sideline until new year. But same principle and trading system applies. Follow the zones until you can react.
GOLD H4 - Continuing to break highs and trend upside, working from the H4/H1 the 1870 support is the trading zone we would look to scout and find support, from there we would look to continue upside, higher high, higher low sequence as always.