My dear friends, Please, find my technical outlook for NZDJPY below: The instrument tests an important psychological level 90.749 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 91.071 Recommended Stop Loss - 90.560 About Used...
My dear followers, I analysed this chart on EURUSD and concluded the following: The market is trading on 1.0816 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.0829 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to...
My dear friends, Please, find my technical outlook for GOLD below: The instrument tests an important psychological level 2165.3 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 2183.7 About Used Indicators: Super-trend indicator is...
My dear friends, My technical analysis for GBPUSD is below: The market is trading on 1.2646 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.2617 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend...
My dear subscribers, This is my opinion on the GOLD next move: The instrument tests an important psychological level 2185.8 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 2175.4 About Used Indicators: On the subsequent day, trading...
March 27th DXY: Stay below 104.60 to maintain within the range, could retest 104 round number (38.2%). Some weakness coming back in NZDUSD: Buy 0.6013 SL 15 TP 45 AUDUSD: Test and reject 38.2%, Sell 0.6550 SL 20 TP 40 or Sell 0.65 SL 20 TP 55 USDJPY: Sell 151.45 SL 20 TP 60 GBPUSD: Climb to 1.27, look for reaction at resistance level. EURUSD: Break...
USD/CAD is likely to extend its current sideways price action, fluctuating between the 1st resistance and the 1st support. Support: 1.35520 Resistance: 1.36135 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all...
The Kiwi (NZD/USD) looks set to extend its current downturn from the pivot point and drop towards an overlap support at 0.59548. Pivot: 0.59892 Support: 0.59548 Resistance: 0.60304 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be...
The Kiwi (NZD/USD) is falling towards a potential breakout level and could drop lower from here. Sell entry is at 0.59857 which is a potential breakout level ( wait for the 1-hour candle to close below 0.59857 for confirmation ). Stop loss is at 0.60410 which is a level that sits above the 38.2% Fibonacci retracement level and an overlap resistance. Take profit...
GBP/JPY is falling towards a pullback support and could potentially bounce off this level to rise towards our take-profit target. Entry: 190.501 Why we like it: There is a pullback support level Stop Loss: 189.595 Why we like it: There is an ovelap support that sits below the 61.8% Fibonacci retracement level Take Profit: 191.892 Why we like it: There is a...
USD/CAD could fall towards a pullback support and potentially bounce off this level to rise towards our take-profit target. Entry: 1.35552 Why we like it: There is a pullback support that aligns with the 38.2% Fibonacci retracement level Stop Loss: 1.35193 Why we like it: There is a pullback support that sits below the 61.8% Fibonacci retracement level Take...
The Kiwi (NZD/USD) is falling towards a potential breakout level and could drop lower towards our take-profit target. Entry: 0.59932 Why we like it: There is a potential breakout level ( wait for the 1-hour candle to close below 0.59932 for a breakout confirmation ) Stop Loss: 0.60304 Why we like it: There is an overlap resistance that aligns with the 38.2%...
My dear subscribers, My technical analysis for GBPCAD is below: The price is coiling around a solid key level - 1.7140 Bias - Bullish Technical Indicators: Pivot Pointso High anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.7224 My Stop Loss - 1.7096 About Used Indicators: By the very...
My dear subscribers, My technical analysis for EURUSD is below: The price is coiling around a solid key level - 1.0806 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.0855 About Used Indicators: By the very nature of the supertrend...
My dear friends, Please, find my technical outlook for GBPNZD below: The price is coiling around a solid key level - 2.1044 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 2.0958 About Used Indicators: The pivot point itself is...
My dear subscribers, This is my opinion on the EURUSD next move: The instrument tests an important psychological level 1.0834 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.0871 My Stop Loss - 1.0813 About Used Indicators: On...
March 26th DXY: Wait for retracement to complete, rebound needs to break above 104.25 to retest 104.50. NZDUSD: Sell 0.6000 SL 20 TP 45 AUDUSD: Sell 0.65 SL 20 TP 55 (possible head and shoulder pattern) USDJPY: Position for intervention, Sell 150.35 SL 30 TP 115 GBPUSD: Test and reject of resistance, Sell 1.2685 SL 30 TP 100 EURUSD: Buy 1.0880 SL 20 TP 60...
The Aussie (AUD/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.65530 which is an overlap resistance that aligns close to the 38.2% Fibonacci retracement level. Stop loss is at 0.65870 which is a level that sits above the 50.0% Fibonacci retracement level and a pullback resistance. Take...