USD JPY is currently trading in between August the previous month's range, with volume pushing down. What we can currently see is a small pullback, potentially to one of our Fibonacci retracement levels to then push down further and reach Augusts low.
USDCAD has pushed down a little further than expected and suggested in one of my previous posts. It has fallen past the neckline of the "double bottom" and is now sitting at a key level of support. If the pair is to break below this level, then we can expect to see the pair fall further, perhaps to a region near Augusts monthly low.
I have broken down and highlighted the reason I am looking for a possible long trade to the upside.
Everyone inside of the Alpha community I will notify you when we should get in this possible trade.
I would suggest keeping this pair in your watchlist to see if your own rules are met.
If you take a trade from the analysis leave a comment in the section...
Welcome traders to a free analysis breakdown.
Today I am highlighting possible trade ares on USDJPY, if you any questions on the pair let me know in the comment section below.
Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this breakdown helpful .
If you liked this free educational please...
USDCAD has been pushing up from the level 1.29950 for several days now, creating bullish price action as it moves (higher highs/higher lows). The most recent move wicked above a previous high/area of resistance before pulling back to our 50% retracement level and forming a double bottom. From this, I anticipate the pair to push higher if what we can see now is a...
Welcome traders to a free analysis breakdown.
Today I am highlighting possible trade ares on GBPAUD, if you any questions on the pair let me know in the comment section below.
Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this breakdown helpful .
If you liked this free educational please...
GBPJPY has been falling for several days now, taking out every level of support as it goes. We have seen what may be perceived as an order block by some people form in the daily/four him time frame. With that being said we can look for a pullback towards one of our retracement levels before the pair continues pushing down to fib extension levels.
Students in our...
Welcome traders to a free analysis breakdown.
Today I am highlighting possible trade ares on USDJPY, if you any questions on the pair let me know in the comment section below.
Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this breakdown helpful .
If you liked this free educational please...
DXY is at this moment in time leaning for myself more towards a bearish bias for the day, we have bounced off the resistance which is the high of the week of 24th august with London creating the high of the day for the DXY, again with the DXY updates will follow throughout the day.
GBPUSD. London has seemed to wick up at 8am with could potentially be the high of the day, we are still early on so thing could change ( updates will follow if so) however one thing I am keeping in mind is the fact we are bouncing around June high, which could be acting as a support. Will be interesting to see how price reacts around this area.
As published by my self on September 4th this pair had retraced to our 61.8 fib with a clear rejection of this level. Price then continued to push down taking out previous lows to eventually reach our target zones at the -27 and -61.8 fib extension levels. Those that are part of our private educational group capitalised massively on this particular set up.
As explained yesterday if we saw GBPJPY push down and break the swing low to the left we would be looking to short. We have now seen that break and retest on this pair for price to potentially fall further and reach one of the target areas we highlighted earlier (138.000/139.000). We must always remember trading is reactive, not predictive. Meaning we do not enter...
Welcome traders to a free analysis breakdown.
Today I am highlighting possible trades on GBPNZD, if you any questions on the pair let me know in the comment section below.
Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this chart helpful .
If you liked this free educational chart please...
Welcome traders to a free analysis breakdown.
Today I am highlighting possible trades on USDCAD, if you any questions on the pair let me know in the comment section below.
Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this chart helpful .
If you did like this free educational chart please...
Welcome traders to a free analysis breakdown.
Today I am highlighting possible trades on USDCAD , if you any questions on the pair let me know in the comment section below.
Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this chart helpful .
If you did like this free educational chart please...
GBPJPY has made a full retracement through all of our Fibonacci zones back down to the previous swing low, it may be just be retesting previous "resistance" gone "support". However, if we see the pair take out this low that is a break in the bullish market structure and we could see it push down further possibly to levels around 138.000/139.000.
XRPUSd has done exactly as expected and as explained in one of my previous pots. After a break of the support, we saw price push back up to retest the consolidation before pushing down to 0.2350o/0.23000. We may now be looking at further shorts possibly down to areas of 0.17000.
