Welcome to Thursday's update. So far today, we have been watching the EURUSD as buyers have started to fight back after some demand crept in yesterday. We are watching the current price to see if a new continuation can confirm on the 4H chart as price continues to sit on its new fast uptrend. We can see the latest trend forming after buyer's first leg higher...
AUDCAD is setting a really beautiful opportunity to the downside. Do you see a sell opportunity of this forex pair or will you be sitting on your hands?
The USDJPY rally has a bit more gas in the tank than we first thought. But the 5 wave impulse that we were tracking is developing nicely, and still appears to be running out of steam. Here is our updated analysis on the lower time frames: we have a 5 wave impulse that is nearing completion (at multiple wave degrees). And even better: what pattern appears to be...
Hi Purpose traders! I'd like to give shoutouts to my clients when they take amazing trades. Today, I am highlighting Jacobi who took a beautiful sell on AUDUSD the beginning of this week and it reached profit yesterday. She used my TMP strategy that led her to saying yes to the trade. All she needed to know was what was the trend, where she wanted to enter the...
USDJPY has seen an impressive rally from the lows in late May. But there are cracks in the armor: we see strong momentum divergences in both the MACD and the RSI. We also have a nearly complete 5 wave sequence (the wave count inside the circles), with a triangle as wave ((4)). This is very telling from an Elliott Wave point of view. Why? The triangle pattern...
If you have a hard time spotting reversals it's because you've yet to be taught how to see them. It has nothing to do with structure, but the exchange rate itself. In this video, I will share with you how I help my clients spot reversals and the next step we use to find where price can go next.
Hello to our subscribers and the TradingView community welcome to Wednesday’s update. With oil tumbling and the USD jumping, we can only think of one pair that benefits from those two moves. The USDCAD is highly driven on both fronts, and the CAD is a commodity currency that generally tracks oil’s fortunes. The USD, well yeh enough said. Last night we saw key...
The dollar has made new highs while EURUSD has made new lows. This means it's time to adjust and analyze the next trade setup. In this video, I am sharing who I'm quickly updating my eyes to trade EURUSD. Remember, I'll be live here on Tradingview today at 12:00 pm EST to uncover the 3 Steps to Making Price Action Trading Easier. See you soon.
Technical Analysis and Outlook: The Eurodollar market pushed the 1.04 mark on Friday - Our Key Sup 1.038 was the primary show stopper. The market appears to be likely to fall to an Inner Currency Dip of 1.031, and an ultimate Outer Currency Dip of 0.9765 is in the making.
Hello. According to the analysis, the Tron currency will fall in the resistance point "Re 1" and then with the price falling on one of the support points "Su 1" or "Su 2" its price will return to the point " Re 1 "arrives. So according to the analysis we have to keep our price up to 0.072 Tron and then sell it so that the Tron currency reaches one of the...
Technical Analysis and Outlook: The Eurodollar market has been trading under our Mean Res 1.077 and is possibly poised to move higher to the Inner Currency Rally 1.0678. The top Key Res 1.077 is the main show stopper. However, the Inner Currency 1.031 and ultimate Outer Currency Dip 0.9765 is in the making.
I expect that the price will reverse, we see a price rejections when he touched the uptrend line we should wait for a confirmation to this rejection (big green candle) FOLLOW, LIKE and COMMENT for any changes .
Hi Purpose Traders, In this video, I quickly detail the EURAUD trade that I just took profit on. It was a nice swing trade and I'm ready to plan out the next trade on this pair. If you have questions on the trade please let me know.
my expectation gone well, we see now the eurusd after a retracement and a price rejection when he touched the uptrend line price goes up again to reach our target (1.06300), you can now take your profit and waiting for another retracement or you can trailing you SL FOLLOW, LIKE and COMMENT to get more right expectations.
yesterday expectation gone well, but our target is 1.06300, if you already in long position you can still trailing your SL, if not you can wait for a price rejection at an area of value (ex : uptrend line) and after that go long FOLLOW, LIKE and COMMENT to discuss the expectations
After strong uptrend, price has reversed and bearish pressure occurred. Last week price formed new resistance zone 94.500. We can see a bearish reaction, so it is possible to see move down.
nzdchf- short, medin line, bear flag in 4h time frame. nzdchf- short, medin line, bear flag in 4h time frame.
After series of higher highs and higher lows, price has found resistance around 1.07800 level. Price then formed strong bearish reaction and broke 1.06500 support zone. It is possible to see bearish continuation to year-to-date (YTD) low level 1.03500.