AUDUSD Neutral Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: AU saw some bullish movement at the end of last week and price action is now resting near our 0.64000 resistance level. Price action did break a significant level and pattern but i’m not convinced we are bullish yet. Ideally we can spot structure above 0.64000...
DXY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Last week we experienced some bearish news and we saw price action fall to our support around 112.000. We haven’t broken anything yet, the news seems to have just accelerated the pattern formation. Going into this week we are looking for a break or bounce of...
Gold Bearish idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: We are back to bearish on GOLD and it looks like it will continue with this trend into the week ahead. Ideally, price action forms a lower high near 1660.00 followed by strong bearish variations. If this happens look to target lower toward 1630.00. Trade...
EURJPY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: All timeframes are back to bullish trends and price action is now right near a key zone, 144.000. Going into this week it’s more likely that we will continue bullish and see price action break 144.000 and form a higher low above. Look to target toward 148.000...
AUDJPY Bearish idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: AJ is also looking very bearish going into this week. Ideally, price action can form a clear lower high below 93.000 resistance and give us good entry opportunities. Look to target lower toward 91.000 support. Trade scenario 2: For us to consider AJ more...
AUDUSD Bearish Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: We are still looking very bearish on AU going into this week. We recently saw massive rejection from our 0.63200 zone and it is likely that AU will push to a new low before showing us structure. If this happens we’ll have to remain patient and look for future...
DXY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: We are overall bullish on DXY on all timeframes. Going into this week we’re looking for reactions from our 113.500 zone. The most likely scenario is that we will continue bullish and push above 113.500 Consider the USD bullish for the week ahead if this...
Gold Bullish idea Weekly Trend: Bearish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: We are finally looking more bullish here on GOLD. This week we’re looking for our new bullish trend to continue. Ideally, price action forms a significant higher low near our 1675.000 support zone. Look for strong reversals and target higher toward...
EURJPY Bearish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bearish Trade scenario 1: EJ has been overall very bullish but here on the 4hour timeframe we’re looking more bearish, especially after the recent break of our 142.000 zone. Going into this week we’re looking for the 4hour trend to continue bearish. We will look for short scenarios...
USDJPY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: We are still bullish on UJ and it looks like we will continue with this trend through the week. Ideally, price action forms a higher low near 145.000 support with strong bullish variations to follow. Look to target higher toward our -27% fib level. Trade...
AUDJPY Bearish idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: We are looking bearish on AJ and it looks like we will continue with this trend through the week. Ideally price action confirms below 93.000 and forms a lower high we can consider entering short on. If this happens look to target toward our -27% fib level &...
AUDUSD Bearish Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: We are overall bearish on AU but we have been stuck in a range that looks to be breaking bearishly now. Going into this week we’re looking to ride the existing bearish trend and a break of 0.64000 with a lower high below would be enough to consider shorts....
DXY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: We are back to bullish after a significant rejection from 110.700 support. Price action reversed and pushed above 112.000 where it looks more bullish now. Going into this week we’re looking for this bullish trend to continue, we’ll look for higher lows near...
Gold Bearish idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bullish Trade scenario 1: We are still clearly bearish overall but the 4hour trend is pushing up. We are close to 1675.00 resistance and we will look for reactions near this zone this week. Ideally, price action rejects 1675.00 and continues bearish. If this happens look to enter short...
EURJPY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: We are generally bullish on EJ again but we are resting at key resistance right around 142.000. If we break above 142.000 look for a higher low to enter long on and target higher toward 144.000. Trade scenario 2: If EJ rejects from 142.000 look for clear...
USDJPY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: We are still overall bullish on UJ but we are currently consolidating near 145.000 resistance. The most likely scenario is a break of 145.000 with a bullish continuation. Trade scenario 2: If UJ reverses at 145.000 and breaks lower, look to enter on lower...
AUDJPY Bearish idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: We are fully bearish on AJ and it looks like it will continue into this week. Currently we are in an active trade where we rejected from 38.2% sharply. It is likely price action will continue lower and establish a new lower low. If we are able to spot quality...
AUDUSD Bearish Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: Overall AU is still bearish and we are technically in an active trade. Currently price action is resting right near 0.64000 support and we are waiting for reactions. The most likely scenario is price action continuing to fall to a new low. If we see a break of...