GBPUSD 1h Analysis February 1st, 2022Now that we are in the resistance level we then look for short positions. Wait for the confirmations for safer entry and mind you risk for every position.
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USDCAD 1h Analysis January 31st, 2022Resistance level retested twice so price can’t still break the high so we are looking for short position. Wait and look for confirmations before placing a trade.
GBPUSD 1h Analysis January 31st, 2022Either we ride the impulse for a continuation to be bullish or wait for the price to retest the zone but still long. Just look for confirmations and mind your risks.
EURUSD 1h Analysis January 31st, 2022Overall bias is bearish but in lower timeframe we are short term bullish since we anticipate for a pullback. So we wait for confirmations to go long and target the previous high.
XAUUSD 4hour Analysis January 30th, 2022Gold Bullish idea
Weekly Trend: Bearish
Daily Trend: Ranging
4Hour Trend: Bearish
Trade scenario 1: We are ultimately bullish on gold given the higher timeframe trends but we are still seeing a struggle to break through this daily range.
The most likely scenario for the week ahead is a play of the range. Look for price action to push toward 1825.00 once again.
Trade scenario 2: If we see price action break 1785.00 support we need to confirm a significant lower high below before considering sell opportunities.
EURJPY 4hour Analysis January 30th, 2022EURJPY Bearish Idea
Weekly Trend: Bullish
Daily Trend: Bearish
4hour Trend: Bearish
Trade scenario 1: Current price action is consolidating just below 129.000 and it looks like it is going to continue lower.
Look for a quick break and retest of this area of consolidation before considering sell opportunities.
Trade scenario 2: If we see a break above 129.000 we need to confirm a higher low before considering buy opportunities.
USDJPY 4hour Analysis January 30th, 2022USDJPY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: We are finally looking good here on UJ. Price action is close to forming a buy opportunity if we can confirm a higher low above 115.000.
Trade scenario 2: If price action fails to push higher, look for a break below 115.000 with a lower high below.
AUDJPY 4hour Analysis January 30th, 2022AUDJPY Bearish idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: AJ is currently in a strong bearish channel and looks like it’s going to continue within this channel for a little while longer.
Ideally, we can spot a lower high just below 81.500 resistance then we can follow price action down toward lower support levels.
Trade scenario 2: If we see a bullish break of 81.500 resistance, look for a higher low above before considering buy opportunities.
AUDUSD 4hour Analysis January 30th, 2022AUDUSD Bearish Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: We are looking very bearish here on AU as last week we saw huge downside movement. Currently, price action is resting at support near 0.70000, our monthly level.
Ideally, we see price action continue to form structure and are able to spot some lower highs near 0.71000 for potential short opportunities.
Trade scenario 2: If price action fails to react at 0.70000 support look for a clean break and retest with a confirmed lower high below before entering any sell positions.
DXY (USD Index) 4hour Analysis January 30th, 2022 DXY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: The USD is looking extremely bullish and is currently resting at resistance near 97.250.
This is the zone where we will be looking for reactions (either a break or bounce). Ideally, we can see price action pullback to test new support and form structure as this recent rally is a bit overextended.
Trade scenario 2: If we see price action push through resistance near 97.250, look for a well established higher low above.
USDCAD 4h Analysis January 27th, 2022If you haven't enter from yesterday's analysis it's fine since there was a major news that causes the dollar to fly. So now that price is on the resistance level we might see short positions coming in but there is also a possibility to break the resistance.
GBPUSD 1h Analysis January 27th, 2022Now that the price broken out the support level because of the big sell-off yesterday we do have bearish bias. A retest is the safest scenario for us to get in the market so look for confirmations before shorting this pair.
EURUD 4h Analysis January 27th, 2022Price already broken out from the support level so either we could ride the impulse or wait for a retest to happen. But we are bearish for our bias because of a major movement yesterday from the FOMC.
USDCAD 1h Analysis January 26th, 2022Currently on the 1h support level looking to short the market but we wait for the reaction if it can hold or break below it. Our bias is short even on the higher timeframe but always look for confirmations to have that confidence in the market.
GBPUSD 1h Analysis January 26th, 2022The price already retested the support level on 4h yesterday and now trying to get some pullback before continuing to be bullish. Always be patient and wait for confluences for further confirmations.
EURUSD 1h Analysis January 26th, 2022Yesterday price rejected the 4h support level now wait for the market to retest it and see if it can hold or break below. Look for confirmations before placing a position but we are short term long on this pair.
USDCAD 1h Analysis January 25th, 2022Now that the price already retested the 4h resistance we could enter for a short position then target the previous low. But look for confirmations first before placing any trades.
GBPUSD 1h Analysis January 25th, 2022Price retested the support level twice so we need to look for confirmations to enter on the market. Even though that the market structure on higher timeframe is bearish if we could find a intraday trade setup for long then we definitely could trade it.
EURUSD 1h Analysis January 25th, 2022Always wait for the reaction plus look for confirmations that would be confluence with your bias. For now we are neutral but since we are on the support level then maybe we could see a rejeciton.
USDCAD 4h Analysis January 24th, 2022Since the price already tap in our resistance level so wait for the reaction then look for confirmations. But our bias is short so be patient and mind your risk.
GBPUSD 4h Analysis January 24th, 2022Wait for the market to taps in our support level and wait for the reaction. If the support is strong enough to hold then we are bullish but if it can't then our bias shifts.
EURUSD 1h Analysis January 24th, 2022Now that the price already touched the support level we can look on the lower timeframe to see confirmations. A shift of market structure would give us much safer entry.
XAUUSD 4hour Analysis January 23rd, 2022Gold Bullish idea
Weekly Trend: Bearish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: We are finally bullish here on Gold! We can see a clear break of resistance near 1825.00 and now price action is consolidating and retesting the zone.
From here we’re ideally looking for a higher low above 1825.00 with strong bullish candlestick setups.
Trade scenario 2: For us to consider gold bearish again we would need to see a break back below 1825.00 with a confirmed lower high.
