GBPAUD has traded into support during a bull market prior to RBA Ellis' speech. Ellis is the assistant Governor of the RBA. Technically the pair has traded into support, and the RSI is giving bullish divergence. We anticipate upside into the 1.9120 level!
Dear traders, Here is your EURGBP Focus for today; According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the EUR stands at “4”, and the GBP stands at “3”, meaning that the EUR is slightly stronger than the GBP, thus only looking for BULLISH /BUY opportunities on this pair. NB: These reading fluctuate from time to time. Our 1st...
Dear traders, Here is your NZDUSD Focus for today; According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the USD stands at “6”, and the NZD stands at “1”, meaning that the USD is stronger than the NZD, thus only looking for BEARISH/SELL opportunities on this pair. NB: These reading fluctuate from time to time. Our 1st SELL Limit...
Dear traders, Here is your USDCAD Focus for today; According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the USD stands at “6”, and the CAD stands at “2”, meaning that the USD is stronger than the CAD, thus only looking for BULLISH/BUY opportunities on this pair. NB: These reading fluctuate from time to time. All other...
Price broke out of the descending channel last week and looks to be re-testing today. We expect to see a reversal around 0.85010 if we see a strong break below 0.85610. If price follows our prediction, our target will be 0.8313.
consolidation, price is failing to break the previous hh. if the price break the structure after the retest i expect the price to continue falling
price is making HH and HL after the retest, i expect a nice move to the upside
Although we are ultimately super bullish on USDCAD, and believe USDCAD will reach monthly extreme highs at some point in the long term/year future, the pair has now tapped into a serious weekly resistance zone. The zone's upper bound is about 60 pips higher from current price, so there is still some little room to the upside the the pair can get into. For those...
Dear traders, Here is your USDCHF Focus for today; According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the USD stands at “6”, and the CHF stands at “5”, meaning that the USD is slightly stronger than the CHF, thus only looking for BULLISH/BUY opportunities on this pair. NB: These reading fluctuate from time to time. Our 1st BUY...
Dear traders, Here is your CADJPY Focus for today; According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the CAD stands at “2”, and the JPY stands at “7”, meaning that the JPY is stronger than the CAD, thus only looking for BEARISH/SELL opportunities on this pair. NB: These reading fluctuate from time to time. Our 1st SELL Limit...
Dear traders, Here is your GBPJPY Focus for today; According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the GBP stands at “4”, and the JPY stands at “6”, meaning that the JPY is stronger than the GBP, thus only looking for BEARISH/SELL opportunities on this pair. NB: These reading fluctuate from time to time. Our 1st SELL Limit...
OANDA:XAUUSD 1. There was clean clean candles to the left 2. was waiting for a candle close above the resistance in 30m TF as its a strong confirmation 3. took a buy when the new 30m candle broke the high of the previous 30m candle. 4. but price moved down and closed 50% when the 5m candle closed bearish and full position as price continues retacing. 5....
Dear traders, Here is your GBPUSD Focus for today; According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the GBP stands at “5”, and the USD stands at “6”, meaning that the USD is stronger than the GBP, thus only looking for BEARISH /SELL opportunities on this pair. NB: These reading fluctuate from time to time. Our 1st SELL...
Dear traders, Here is your USDCAD Focus for today; According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the CAD stands at “3”, and the USD stands at “7”, meaning that the USD is stronger than the CAD, thus only looking for BULLISH/BUY opportunities on this pair. NB: These reading fluctuate from time to time. Our 1st BUY Limit is...
buy dogecoin buy opportunity dogecoin technical analysis on this over a long period of time
FX Market break down; EURUSD, EURJPY, GBPUSD, GBPJPY, AUDUSD, AUDJPY, USDCAD, CADJPY. All information provided in the video. Thanks.
What is Market Structure? Market structure by definition is the simplest form of price movement in the market and is being to read it. It is basic support and resistance levels on the charts, swing highs, and swing lows. These are levels, which are easily identified and hold until they don’t. Market structure is a trend following tool that traders read and follow...
Analysis was donebased on the Daily Tf and looking for entry in the 1Hr TF