For some time, AUDUSD is still consolidating in the form of a symmetrical triangle before moving further up. Note: Like and comment if my idea helps. Thank you.
EURUSD breakout to test 2018 highs Weekly perspective, $EURUSD. Weekly candle for past week held support and rallied into the end of the week with a bullish close. Look for 2018 highs next couple weeks in 2021. Strength in the EUR and Weakness in the dollar is expected with new US administration and the possibility of passing trillions more in stimulus.
XRP (Ripple) is not a crypto, it is a currency, and as such, it does not follow the rules of crypto. Once the last exchanges disable trading (29th Jan 2021), supply will decrease, and there will be no resistance all the way to $15. Once that is reached, the next target is $150. For now, people are panicking due to the SEC, exchanges are hurrying to disable...
EURUSD Long Trade Idea, $EURUSD breakout to test upper ranges marked out. OANDA:EURUSD
We find the EURJPY graph as we can see it has broken in a very strong way the 125.37$ resistance and most probably it ends up reaching the 125.11$ resistance. From there we will wait for the next candles to analyze the different patterns, but what happens possibly is a correction, so my recommendation is to sell until 125.11$ and buy around that value always with...
The dollar has bounced off its bottom trend line. After having such a long period of weakening, it is due to bounce back a bit. It is extremely rare for the dollar to not reverse the trend after an extended period of strength or weakness. It may not rally back much, but it will give you some gains in the short-term. Sell half when it hits the upper trend line...
Hey, all in today's watchlist we looking at the following Pairs: 1. AUDCAD 2. AUDJPY 3. CADJPY 4. CHFJPY 5. EURJPY 6. EURUSD 7. NZDCHF Most of these pairs are close to setting up, however, we are just waiting for a little more development on the intra-days before getting involved. Please share your thoughts, and feel free to ask as many questions. If you...
British Pound looking stronger on multiple currency pairs. In particular in the last several days with Brexit Deal. I think the GBP:JPY pair looks the best. Possible also SHORT EURGBP as the charts look pretty much INVERSE of this chart. Longterm Downtrend line just broken and retested on the daily TF. Bounce off support is breaking above recent high giving a...
GBPUSD has taken out 2019 and 2020 highs, looking to trade this higher looking ready for a nice move to the upside. With new administration coming in for the US with a more inflation expected looking for weakness in the dollar.
With the massive money printing done by the federal reserve in 2020 with close to $4 Trillion dollars being printed the US dollar does not look good over the next few years. Dollar index looks to be starting a downtrend that could last for multiple years. With rallies taking place in the US equity markets and Bitcoin, currency and commodity markets are showing...
This pair has reached a daily support and resistance that was last tested 1 Oct 18. Oversold in both the Daily and 4hr time frames. looks like its going to break its down trend in the 1hr chart.
EURUSD is consolidating in symmetrical triangle pattern. We could see an uptrend continuation ⬆️ or a correction ⬇️.
Best Time For Trade in Forex NZD/USD bulls power Will going Down now thats time for bears.lets sell
This is the breakdown on what we could see the coming week on eur/usd as it approaches key resistance area We are still floating about 80pips in profit from last week so we could see a continuation towards 1.2000 level Follow me for more breakdown and setups
A pullback is expected from the supply zone. I will be looking for any sign of weakness in the supply zone on smaller time frames to go short on this pair. The DXY weakness is stopping me to look for a trend reversal from this supply zone this week. We may see a nice pullback and then an opportunity to buy as well. Stay tuned...
Price is expected to rally down to the D leg of the gartley pattern @ 0.786% fib level. However, at the completion of this pattern a a bullish trend is set
Hello everyone! -On a daily chart, we can see that the price formed a very nice bullish engulfing pattern and that is a very good sign that the bull is gaining power. -We can also see that the price is respecting a strong support zone so that is another good sign to take a buy order. -The Stochastic indicator is showing us an oversold zone so we can consider...
EURGBP has formed a nice smooth bullish channel. This would be a buy unless the channel breaks.