Welcome to our weekly trade setup ( EURJPY )! - 1 HOUR Bullish reaction towards main sr level. 4 HOUR Expecting bearish pressure now. DAILY Looking forward a bearish price break.. - FOREX SETUP SELL EURJPY ENTRY LEVEL @ 130.420 SL @ 130.900 TP @ 129.750 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment...
Breaker Inplace 15 min tf Overall downtrend Retest of kneck of head and shoulders which reverted in the monthly Bearish order block
EURUSD is currently testing the Lower Highs trend-line that started after the January 06 High. This is technically the most important Resistance on the long-term and the trend-line to beat if this bullish trend is to be extended. The 4H MA50 (blue trend-line) is supporting but perhaps the most interesting development is on the 1D time-frame where there are...
EURJPY is moving inside an ascending channel. The market after a consolidation move between 2 structures broke below and perfectly tested the lower trendline. From there the price created a nice bullish impulse and close the daily candle below the resistance zone at 130.500. According to Plancton's strategy if the price will break above we can set a nice long...
EURCHF on the daily chart after the last strong bullish impulse started a slow retracement move. The market tested the support between the 0.5 and the 0.382 Fibonacci level and close the week below a resistance zone. According to Plancton's strategy if the price will break above we will set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple...
Targeting slightly below the 21SMA for this one.
EUR/USD is in a nice bullish run and it has now approached another key level. We are expecting the price to break this level, re-test the broken structure and continue its path to the upside till it reaches the area indicated on the chart👽
Pattern ABCD or just a Trend Channel. This pattern may be crossed on fifth touch, so we have an opportunity to trade from D to E (4 ->5) point Another bearish pattern Wedge, which signals short after crossing of T3 trendline
EURUSD - Intraday - We look to Buy at 1.2071 (stop at 1.2049) Daily signals are mildly bullish. Short term bias is bullish. Previous resistance, now becomes support at 1.2080. We look for a temporary move lower. Our profit targets will be 1.2134 and 1.2154 Resistance: 1.2130 / 1.2150 / 1.2180 Support: 1.2100 / 1.2080 / 1.2050
FUNDAMENTAL BIAS - BULLISH 1. Developments surrounding the global risk outlook. As a high-beta currency, NZD has remained broadly well supported in times of risk-on and as the overall risk outlook and tolerance of the market has improved over recent months. With coronavirus vaccines programs now underway in many countries, we expect the months ahead to see a...
Above the channel 1.2120 will get 1.2290 And Under red zone will get 1.1850 ————— In previous idea about eurusd we said will get 1.2050 because the candle breaked 1.1873
FUNDAMENTAL BIAS : BULLISH 1. Virus Situation Regarding the UK's coronavirus outlook, this remains encouraging with the UK's vaccine program having administered at least one dose to over half of the UK population. Given the current success of its vaccine program, the UK is now in the early stages of lifting lockdown restrictions. While the UK's coronavirus...
FUNDAMENTAL BIAS: WEAK BEARISH 1. Virus Situation The outlook for EUR remains tied to the EU's ability to overcome its coronavirus pandemic. At present, the outlook appears bleak when we only consider the virus cases, with many European countries entering third waves and reinstating or prolonging economically damaging lockdown restrictions. However, the...
FUNDAMENTAL BIAS : STRONG BULLISH 1. The Monetary Policy outlook for the BOC At their most recent meeting the BOC confirmed market’s speculation that they will start tapering their QE program, and followed through with a CAD1bln reduction per week. The bank also took a hawkish tilt by bringing forward their interest rate hike expectations to 2022 from 2023....
1. Developments surrounding the global risk outlook. As a high-beta currency, AUD has benefited from the market's improving risk outlook over recent months as participants moved out of safe-havens and into riskier, higher-yielding assets. Also, as a pro-cyclical currency, the AUD enjoyed upside alongside other cyclical assets after moving into an early...
EURJPY Long Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: Overall we are bullish on EJ but we are clearly within a large range. Playing toward the bullish scenario we want to wait for a higher low above 130.600 and outside the range. Look to enter long on bullish setups after the higher low and target higher toward key...
Chart seems to be about to end its boring state. But is the price going up or down? In this analysis, we have a long-term trend line in daily time, a channel and a resistance zone (1.5660 - 1.5700) in four-hour time, which gives us a strong resistance zone. If the price can pass this zone, we will have an uptrend. If the price treats this zone with a significant...