GBPCHF - Parallel channel breakdown is there on the daily chart , expected move is in the downtrend. My approach will be a sell position in the range 1.20400 Maintain stop loss around 1.21000 Potential downside target 1.9300 - 1.18800 Follow the levels as mentioned Traders, if you liked this idea hit the like button & write in the comment section. Why you...
USDCHF - On hourly chart it's trading close to the strong support zone , I am expecting a bounce back in the price from here. My approach will be a BUY here at current price 0.91490 Maintain stop loss around 0.91100 Potential upside move 0.92200-0.92400 Follow the levels as mentioned. Traders, if you liked this idea hit the like button & write in the comment...
GOLD - As per the price action, trend lines , & technical indicators gold is expected to go up from the current price. My approach will be a buy here at current price 1873 Potential upside target 1884 Maintain stop loss around 1864 Trade as per your risk appetite, I will be glad to see your likes & comment . Why you should follow this tradingview account ? ...
GBPUSD - On hourly candles & chart it's approaching a stiff resistance zone , it should drag down from current price. Go sell here at 1.32450 Maintain stop loss around 1.33450 Potential downside target 1.31400- 1.30500 Trade as per your risk appetite, I will be glad to see your likes & comment. Why you should follow this tradingview account ? Managed by top...
GBPJPY - Momentum is in favour of buyers & as per the trend analysis, indicators it's a good buy. My approach will be a buy here at current price 136.240 Maintain stop loss around 135.500 Potential upside 137.250 - 137.750 Trade as per your risk appetite, I will be glad to see your likes & comment. Why you should follow this tradingview account ? Managed...
EURUSD - Currently trading in a positive territory but marginal pressures are there on higher levels, My approach should be a SELL with small STOP LOSS for a potential downside move. Currently trading at 1.18930 find a selling opportunity Maintain Stop loss around 1.19700 Potential downside level 1.17250 Follow the levels properly as mentioned and use proper...
Hi everyone, EUR/USD is back under pressure again and there are many reasons to be bearish on this pair: 1- Resurgence of Covid-19 cases across Europe. 2- Major European countries closing their borders and in lock down again like Germany,France and Spain. 3- ECB's dovish tone back in play. 4- Lagarde signaling of a probable move in December. 5- GDP and some other...
Relationships, behaviors, and patterns stand out this way. Behavioral finance visually.
GBPCHF H4 - Broke the interim support zone but now testing the more major zone, really strong RR here, we talk about this in the rundown now coming through.
USDCAD - Looking good on technical chart for a positive momentum, Trying to reverse from the support zone . My approach will be a buy here at current price 1.31330 Maintain stop loss around 1.31050 Potential upside target 1.32050 Trade as per your risk appetite, I will be glad to see your likes & comment. Why you should follow this tradingview account ? ...
IN MY VIEW GBP IS BULLISH - GBPUSD - DAILY TREND LINE RESISTANCE - AND TARGET
EURAUD H1 - Support has been broken, AUD strength seen over the eastern session. Caused AUDUSD to eventually pop higher too, but this bearish 1:13 setup here is super lucrative.
President Trump is due to hold the first Presidential debate, which may trigger some volatility across global markets. EURUSD reached a 4hr resistance (60min chart is displayed). The trading signal strategy is to wait for the 30min close (which is in shortly at the time of this writing). The 30min close may trigger some EURUSD weakness towards 1.7113. Should the...
Gold H1 - Little bit late on this one because of the weekly watchlist video upload, but support at 1850 seems to be holding really well over the last week. Multiple attempts and rejections. Nice impulsive buy zone.
The weekly significant point has been traded and the price has reacted nicely today with momentum. The current level is interesting to buy trade. Others to keep an eye on are AUDUSD Shorts USDCAD Long
Right now looking at the AUDNZD and GBPNZD pairs, I am actually bullish for an entry. I think that the AUDNZD pair is at a dip, and continued support levels could be picked up for the GBPNZD pairs. The sentiment also seems positive. That being said, do your own due diligence and invest at your own risk. Keep in mind, everything I say is on an opinion based basis...
All eyes on inflation comments. EURO can lose 200-400 points.