GBPJPY Breakdown video here guys.. 19/02/2024 Please share it around to spread the valuable free knowledge
Despite starting the week on a bullish note, fresh new anxieties over inflation and rate hikes rippled across the market and this development resulted in participants dumping their long positions on the US Oil. With continued selling pressure below the key level at $80.00 level, buying opportunity might likely be on hold in the coming week until there are clear...
The Oil market has been gripped with fear and uncertainty in the last couple of weeks (s) to impose selling pressure as we witnessed a drop of over 1,000pips during the course of last week's trading session. Now that the price cap of $60 per barrel on Russian oil has been agreed upon by the G7 last week; how will the market react or respond to this development in...
After scooping over 5,000 pips profit from last week's trading, the price is at a critical level as we witness buying pressure around the $1,640 level during the latter part of last week's trading session to insinuate a potential bullish momentum. In anticipation of a week laced with many high-impact events, the price of Gold price slid and extends its losses and...
This is a follow-up video to my previous analysis on the GBPUSD where we close the week with over 300pips profit (see link below for reference purposes). Since the price tested the $1.14000 area during the latter part of last week, we observed selling pressure which gives us a clue into the strength of the sellers at this juncture in the market. Despite expecting...
Breakdown of AUDJPY chart action and possible upcoming moves. Learning guide and will be continuously posting more knowledge. Drop a pair you would like for me to do an analysis on and I will give my professional opinion by the following day. Ace Trading Academy
USDCHF breaks below the bullish trendline that has been holding price action since the beginning of the month to set the tone for a potential bearish drive in the coming week. This video explains my plans in that regard. idenRisk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not...
With a simple downtrend continuation pattern identified on the 1 H time frame after connecting the series of lower highs; I am looking forward to taking advantage of a potential bearish momentum going into the New York session. Let's see what happens as price action is been monitored. Risk Disclaimer: Margin trading in the foreign exchange market (including...
Going into the new week, the upside potential of the Greenback against the Japanese yen appears to be becoming more limited as falling Treasury yields is undermining the pair’s most potent logic. Technically, the appearance of a double top structure right above the 131 area followed by the breakdown of the neckline is a signal that there is a risk of further...
This is a follow-up detail on the publication shared during the weekend (see link below for reference purposes), and the price appears to be moving as expected as we are right at the area where we were expecting to do a temporary sell opportunity at 1.764... In the video, I have explained what my plans are going to be in taking advantage of the selling momentum if...
Since the beginning of the day, we have witnessed a bearish move for the Pound as the price broke down the key level at 1.927 which is followed by multiple rejections of this level. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of...
With a strong key level at 1.306, we shall be looking out for a breakdown of this key level for bearish signals. In this regard, I shall keep you posted as price action is been monitored. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The...
Quick one! Similar scenario with what we have on the EURJPY... It seems to me that the Japanese yen is getting some traction with the fresh new month hence it's worth considering other JPY pairs for opportunities. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable...
Stoploss hit with around 30pips profit. Price is currently back into the neckline of the reversal pattern identified in the 1 Hour time frame and we are expecting a trend continuation to the downside should the price goes as planned. Cheers! Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high...
45pips running in profit at the moment (link below for reference purposes)... I still expect a retest of the neckline to incite a further decline in price. I shall keep you posted Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of...
Good Day Traders !! Here is a full breakdown on this pair, let me know if you have any questions in the comment area before, the entry will be triggered only if all the rules of the strategy are respected. I would suggest to keep this pair on your watchlist to look for opportunities. Also I will be linking my previous analysis about this pair. Trade safe !!
morning everyone, breakdown a few things on this. and some need time to play out i'm in no rush to sell or buy but they look really nice and could show price action very soon keep them on your watch and be ready for when the time comes