My long term trend following model just spat out a fresh EURUSD signal. The signals take price/time inputs exclusively, and involves an initial 'headfake' filter and then requires confirming momentum within a certain timeframe before signaling. EURUSD, GBPUSD, and EURGBP are all very much in play given the recent COVID developments in the UK, as well as BREXIT...
GA could possibly go to 1.75000, right now I see a 3 pin price just finished creating 2 candles ago on the hour timeframe. I wanna see what price does at the 200 ema below but if price closes under that then I believe price will go to 1.77000 after and so fourth. Also following the parabolic sar rule price closed under the sar and never retraced under it so that...
fundamentals: -brexit coming to an end very soon with a small chance of a deal going together -another wave of covid in the uk technicals: -price action keeps stalling the upside -price resisting this area multiple times -head n shoulders pattern reason for this trade to not play out: banks might rise the price to take out sellers if the sell is too easy then...
Nice inverted Head and shoulders. This here indicates a buy. We are currectly waiting on neckline breaking for a push higher. set alert and enjoy
Hello traders, here comes an update on EUR/USD. Fundamentals: Fundamentals remain supportive for EURUSD as markets remain optimistic on US stimulus and positive numbers from the eurozone. German and French PMI numbers all beat expectations this Monday, as well as German PPI numbers and the ifo business climate index. Intermarket: 2-year yield differentials...
Brexit talks boosted the appetite of GBP currency allow support to hold to take this pair LONG
Hey traders, here is the analysis for GJ NOTE - Please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. For The culture ! EVORTEXCAPITAL
Expecting GA to drop before making a U-turn to the upside and potentially rally up to 1.8400 in the process. If I do get my entry at 1.7500 I'll be looking at collecting 900 pips if everything goes according to plan. There's a lot of fundamentals surrounding the Pound at the moment as there were news that surfaced on the weekend about Mutant Coronavirus Strain,...
With lockdowns happening all over Europe and daily US cases at an all time high, the overbought stockmarkets sold off ealier today. Im eyeing Support 1 and Support 2 at 3600 and 3550 as potential strong supports. Do your own DD.
Trade Analysis based on Price action & Fundamentals Analysis. WITH RISK MANAGEMENT YOU WILL NEVER LOSS. Thank you
Hi everyone, pair remain depressed, refreshes intraday low aimed Brexit and vires woes. Bearish flag detected on GBPUSD Pair. We may will see further downside move on GBPUSD. Thank you and trade safe.
GBPJPY broke the upward trend last week and we are seeing a free fall. This morning GBP is under additional pressure after a new wave of closure. Brexit negotiations are continuing separately. We expect the movement to continue downwards. As the next support is at levels 137.05! The scenario fails down when the previous peak breaks. If you have questions about...
After a huge gap opening the market, there was a heavy push towards the downside. Price is currently exhausting in a Ascending Triangle pattern. Price should continue bearish towards the 1.33000 area if broken towards the downside.
GBPUSD has had a very successful month, recovering most of the downside since Brexit. After strong support was found at Fibonacci, I think it will continue rising and may hit 1.39/ 1.40 before we see 2021. Let us know your thoughts in the comments, don't forget to leave a LIKE and FOLLOW! :)
Looking to short GbpCad next week as we see a head and shoulder pattern beginning to form on the 1hr time frame. Lack of confidence in the Gpb and Brexit negotiations + the new lockdown in London could lead to the 100+ pip gap being filled. Enter after the head and shoulder is confirmed by a break and close under support.
Hello traders! I hope you are having a good week. We will follow up on the analysis from a few days ago talking about the recovery or fall of the US dollar. We can see how the market ends up confirming the bullish flag pattern, also breaking the weekly resistance (in blue) located around 1.2200. It is still possible that we are facing a false breakup before a...
It's no secret GBPUSD has been bullish lately and might say the bulls still have a room and I absolutely agree. But after my analysis I have come to a conclusion that we might see bears taking off next week and possible the week after too. in the next 2 weeks we might see a great retracement to the downside until price reaches around 1.3150, which is where I'm...