The world is in interest rate cut mode. Yesterday FED cut the interest rate from 1,75% to 1,25%, while RBA from 0,75% to 0,5%. The market should price interest rate cut from Bank of Canada (BoC) as well, which will be announeced today. This might be bullish for USDCAD, so joining from 1.3335 price level with S/L around 1.326 and 1.3523 T/P provides decent...
RBA cut the interest rates from 0,75% to 0,50%, which was already priced by the market, so there was no negative reaction from AUD. Buying from the 0.6546-0.6505 price zone with T/P around 0.669 provides decent R:R and opportunity to ride a correction movement. Smaller positions should be taken as the main trend is still bearish. // Feel free to share your...
False breakout occurred in GBPUSD below 1.288, so joining bulls between 1.288-1.2915 price zone with 1.3005 T/P provides decent R:R. // Feel free to share your opinion/position via comment and follow me to stay updated.
Behind thencial I broke down how we see the market.
On Friday there was a spike in EURUSD volatility and we could see dollar weakening. Joining bulls if breaking 1.0865 price level with 1.0845 S/L and 1.0916 T/P provides decent R:R. // Feel free to share your opinion/position via comment and follow me to stay updated.
The Dragon seems to be getting exhausted, again, facing its key area which it has struggled to break for a while now. Over the last months, GBPJPY has faced adversity and resistance. The bulls are losing control and we could see price reverse and head to the bottom of the consolidation area. Proper Selling opportunity. Trade Carefully and minimize risk exposure,...
PLEASE LIKE AND FOLLOW FOR MORE ANALYSIS ---------------- GBPAUD Re-entered a strong Daily Parallel channel after last weeks movements. Weekly Chart shows a potential Bearish flag. Additionally, a Strong Weekly Trend Line has been rejected by price for the third time. a VERY interesting swing idea of 1,000+ Pips profits. For sure looking at shorting GBPAUD early...
I have short position with 0.6779 stop (check my previous post) and i think if audusd breaks that level i should be with buyers. ..global uncertainty around China seems to have calmed down a bit, also recent RBA's statement had positive note regarding Australian economy. So joining bulls from 0.6779 with 0.675 stop and 0.687 T/P level provides decent R:R...
Let me know your thoughts? Crazy maybe.
GBPJPY moving sideways since December last year, joining bulls from around 142.6 price level with 142.1 stop and 144.1 take-profit provides decent R:R (3:1). Keep in mind that this idea might be realized in several days and opening long position in GBPJPY results positive swap. // Feel free to share your opinion/position via comment and follow me to stay updated.
Risk-on sentiment is still valid, the Japanese yen is in the uptrend and there is no sign for a reversal.. Joining bulls from around 110.05-109.78 with 110.8 take profit provides decent R:R (2.73). Keep in mind that this idea can be realized in several days and long position in USDJPY has negative swap. // Follow me to stay updated.)
It seems like there was a false breakout below 0.9645 support level, so we might see USDCHF moving up.. Joining bulls from around 0.967-0.9645 with 0.97255 take-profit provides decent R:R (at least 2.22) Keep in mind that this idea can be realized in several days and USDCHF has positive swap. // Follow me to stay updated.)
Joining Japanese bulls also possible in EURJPY if breaking above 122.5 price level with stop around 122.05 and take profit around 123.5 (R:R 2.23).. Keep in mind that this idea can be realized in several days and long position in EURJPY has negative swap. // Follow me to stay updated.)
LTCUSD short sell cant break restiance several confluence double top 2hr double top 15m support and restance respected if you want to learn a gold strategy message me