My dear friends, My technical analysis for AUDCHF is below: The market is trading on 0.5721 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 0.5684 Recommended Stop Loss - 0.5739 About Used Indicators: A pivot point is a technical analysis indicator, or calculations,...
My dear friends, Please, find my technical outlook for EURCAD below: The price is coiling around a solid key level - 1.4666 Bias - Bullish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.4505 About Used Indicators: The pivot point itself is...
My dear followers, I analysed this chart on CHFJPY and concluded the following: The market is trading on 170.53 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 170.98 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to...
My dear followers, I analysed this chart on EURUSD and concluded the following: The market is trading on 1.0852 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.0911 Safe Stop Loss - 1.0819 About Used Indicators: A super-trend indicator is plotted on either above or...
My dear subscribers, My technical analysis for USDCAD is below: The price is coiling around a solid key level - 1.3507 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell giving a perfect indicators' convergence. Goal - 1.3405 My Stop Loss - 1.3559 About Used Indicators: By the very...
GBP/JPY is falling towards an overlap support and could potentially bounce off this level to rise towards our take profit target. Entry: 187.305 Why we like it: There is an overlap support level Stop Loss: 186.349 Why we like it: There is an overlap support that aligns close to the 23.6% Fibonacci retracement level Take Profit: 188.912 Why we like it: There is...
January 19th DXY: Fails to break above 103.70, correction down to 102.90 area. NZDUSD: Buy 0.6140 SL 20 TP 45 AUDUSD: Buy 0.66 SL 20 TP 45 USDJPY: Sell 148 SL 3 TP 90 GBPUSD: Sell 1.2670 SL 20 TP 55 or Buy 1.2725 SL 20 TP 55 EURUSD: Do nothing, wait for retracement to complete USDCHF: could move lower, but not h1 setup USDCAD: Sell 1.3455 SL 20 TP...
EUR/AUD has just bounced off a pullback support and could potentially rise towards our take profit target. Entry: 1.65169 Why we like it: There is a pullback support level Stop Loss: 1.64606 Why we like it: There is an overlap support that aligns with the 38.2% Fibonacci retracement level Take Profit: 1.66742 Why we like it: There is a pullback resistance...
Looking at a new rejection that seems to have been struggling to break past 1.93100 I can confirm to say this seems like a bearish downtrend that is occurring. I will take my entry now at 1.93072 with all inputs for TP and SL below. Please use proper risk management as always. GBPAUD Sell/Short ENTRY: 1.93072 TAKE PROFIT: TP 1: 1.89317 TP 2: 1.86379 SL:...
USDCAD on daily has shown that within the channel trade it will begin to reverse and has confirmed a rejection point. We should see a further sell off from here on out. Below is the trade analysis please be advised that we urge proper risk management for the safety of your margin accounts. Thank you. USDCAD Sell/Short ENTRY: 1.34809 TAKE PROFIT: TP 1:...
– Previous Daily candle closed strong Bullish around 2023.100 forming Daily Support around 2006.200 as weekly candle retraces. – Buys on close above 2025.500 targeting 4h Resistance around2030.500, Leaving Runners to the 1h previous Support formed on 16th January 2024 around 2036.900. – Sells on close below 2019.300 targeting 15min Support formed around 2014.300,...
– Previous Daily candle closed Bullish around 188.230 within the previous Daily Resistance formed on Monday 27th November 2023. – Buys on close above 188.510 targeting Monthly Rejection formed in November 2015, Leaving Runners to the previous Weekly Support formed on 13th July 2015 around 189.330. – Sells on close below 187.860 targeting 1h Support formed around...
My dear subscribers, My technical analysis for EURCHF is below: The price is coiling around a solid key level - 0.9428 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 0.9377 About Used Indicators: By the very nature of the...
My dear friends, AUDUSD looks like it will make a good move, and here are the details: The market is trading on 0.6834 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 0.6761 Recommended Stop Loss - 0.6873 About Used...
My dear subscribers, This is my opinion on the AUDNZD next move: The instrument tests an important psychological level 1.0723 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 - 1.0744 About Used Indicators: On the subsequent day,...
My dear friends, GOLD looks like it will make a good move, and here are the details: The market is trading on 2049.1 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 2036.0 About Used Indicators: Pivot points are a...
Regarding gold, we continue to be in a short context; any long positions at the moment are invalidated. I would like to see how it behaves around FVG before considering short positions with targets set at the previous day's low (PDL).
January 18th DXY: Wait for retracement to complete, could retest 103.50 NZDUSD: Sell 0.6080 SL 20 TP 70 AUDUSD: Sell 0.6515 SL 20 TP 50 USDJPY: Buy 148.70 SL 30 TP 100 GBPUSD: Sell 1.2675 SL 30 TP 60 EURUSD: Sell 1.0880 SL 20 TP 60 USDCHF: Buy 0.8660 SL 25 TP 50 USDCAD: Sell 1.3460 SL 20 TP 60 Gold: Wait for retracement to complete, test reject 2017 to...