Here we have the EUR/CAD on the ichimuku chart we feel that this will be a bearish day for the EUR
we feel that this will fall down to around 400 - 700 points.
Comment if you feel different
Hello everyone, Sorry for this late post we forgot to post last week in our private idea box so we posting now.
This was a very good move for us. we was expecting a slight short fall but it looked liked it never happened.
comment below if you have any comments?
Thank you
Daniel.
Looking to sell this pair as it comes up towards 2100. If it comes up way too aggressive, the sells would be off. If not, would be expecting to take the sell there to at least the recent low.
Hi everyone ! Today I am gonna give you my NZDUSD analysis.
We are on the bullish rally to the 0.672 +/- level.
What I see now on the 1H chart is bearish divergence, It means that there will be a correnction on the road to the level which I mentioned above. (I hope)
Enjoy your life and follow me !
For Educational Purposes Only.
very good short coming up on this pair! Set up couldnt look any better, break of an uptrend, retouch candlestick on the 50% fib line which is also a new key level of reisistance, and this pair is about to melt in the coming days/weeks. Cant wait to see how this trade plays out, Could be the trade of the year.
the 4hr and 1 hr chart lead me to believe that the Dollar is about to rise on the yen. the 4hour chart has shown that usdjpy is in an uptrend for the last month or 2. it has been exhausting to a key level of support, The pair has just broken it's short term resistance, is retesting and now i believe it is about to go to the moon. Blast off.
According to the analysis that we made, price will move sideways between 1.1660 and 1.1580 zone.
Selling at the resistance line of the contracting triangle is the first trade that we'll give it a go
If we can reach to the bottom of the triangle, next trade will be a buy from marked zone.
Good luck
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Thanks for the likes and support. Feel...
We're trading at 618 level of the daily move.
Price is showing signs of short term reversal which we're planning to take advantage of.
Need a signal at the 84-84.20 zone in order to execute
Good luck
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Thanks for the support and likes, feel free to comment
If we look to the DXY idea we expect USD weakness. The DXY is made up of 58% EURO. Which is why there's a heavy correlation between the Index and the currency pair.
If we expect USD weakness we must expect EURUSD to move higher, price is currently sitting at the key support much like the DXY sitting at the $95.00 resistance level. If price holds at this key level...
Recent price action: Neutral
Pattern: Asymmetrical triangle
Long-term momentum: Bullish
Short-term momentum: Bearish
Bias: Neutral
Action: Price needs to be trading above the 111.2 level and trend resistance to consider a long position.
Comments: Major indecision happening in this pair. U.S. trade war keeping price ranging
Recent price action: Bearish
Pattern: Potential head and shoulders
Long-term momentum: Bearish
Short-term momentum: Bullish
Bias: Short
Action: Stay in the trade until price hits weekly support then close the position. Price needs to correct and find a area of resistance. Only after there is a strong bounce off that level consider taking short positions...
Recent price action: Bullish
Pattern: Potential inverse head and shoulders.
Long-term momentum: Bullish
Short-term momentum: Bullish
Bias: Long
Action: Ride current U.S. trades to weekly resistance, sell, then rebuy after price finds support again. Would be nice for price to retest 29 EMA for support.
Comments: Price is finally trading above all EMA’s. Price is...
Recent price action: Bullish
Pattern: Potential inverse head and shoulders. Price would have to reject off weekly resistance, find support near daily support, and move back above weekly resistance. Price has also broken out of its corrective phase.
Long-term momentum: Bullish
Short-term momentum: Bullish
Action: Ride current U.S. trades to weekly resistance,...
If 147 continues to hold It wouldn't surprise me to see the bulls make a run at some higher levels. If they're really serious I could see 160 being hit over the next months/year or so.
