Hy team Hope you all are enjoying our ideas and analysis. Now we are here to discuss US30. US30 Exactly moved According our analysis. Now here we can see a small Retesting. And after that it will again follow Bullish Trend. Keep in touch we will update further soon.
Time Frame: 4H Symbol: GBPUSD Bias: Neutral The current price pattern of this pair is showing a weak market condition. The dynamic support and resistance also not displaying any edge to go for a strong trading opportunity. Considering the current volatility and the oscillations in the market , we have tactfully projected the trade set ups.
Time Frame: 4H Symbol: GBPUSD Entry: 1.15283 TP: 1.12535 SL: 1.17090 Bias: Short The price pattern of this instrument is suggestive of a range-bound and low volatility set up. We are not very optimistic about any strong directional opportunity. We have projected in the chart according to impulsive move structure.
Time Frame: 4H Symbol: GBPUSD Entry: 1.15166 TP: 1.12864 SL: 1.17090 Bias: Short We have no major directional bias. Dollar will remain strong in spite of all difficulties. We assume that the dollar will strengthen further and the other currencies related to it will decline in recent weeks.
Hy dear Members. Hope you all are enjoying our ideas and analysis. Now we are here to discuss about XAUUSD. XAUUSD is going to hit main support level. From this support level we can see a good bounce but if it breaks this level we can see price around 1550. Keep in touch we will update further soon.
Time Frame: 4H Symbol: GBPUSD Entry: 1.15418 TP: 1.12550 SL: 1.17394 Bias: Short The price pattern of these instruments is getting more range bound and offering less scope to take a bigger or bold directional steps. The price levels are hardly getting broken due to lack of fervor in the market. Our goal is to seek opportunities from the inefficiencies that...
Hy dear Members. Hope you all are enjoying our ideas and Analysis. Now we are here to discuss about NZDCAD. NZDCAD is making channel Pattern. Now this time this is at the top of main Channel. And after breaking this area we can see price around 0.78 Keep in touch we will update further soon.
Time Frame: 4H Symbol: GBPUSD Entry: 1.15863 TP: 1.12968 SL: 1.18391 Bias: Short The current price pattern of the forex pair is denoting a paradigm shift because of recent price fluctuation. The study of recent support and resistance proves that the course of price action will abide by our projected trajectory.
Hy team hope you all are enjoying our ideas and analysis. Now we are here to discuss about CADJPY. CADJPY is making Rising Wedge Pattern. And after this Breakout we can see a good drop in price. After this it had maximum Chances we can see price around 101 to 100. As this is daily chart so we can see Retesting during this Target. Keep in touch we will update further soon.
Time Frame: 4H Symbol: GBPUSD Entry: 1.15719 TP: 1.12851 SL: 1.18126 Bias: Short The dynamic support and resistance of the instrument is showing a possible price drive towards the projected area. We are more interested in the spots that we have drawn on chart and trying to align our goals according to projections.
Hy dear Members. Hope you all are enjoying our ideas and analysis. Now we are here to discuss about USDCHF. USDCHF is in a good down Trend after breaking this Rising Wedge Pattern. Now this is on the way to our main target Price 0.97 Keep in touch we will update further soon.
CAD/JPY Will we go higher or is this already a peak? 🍁Unemployment remaining low at 5.2%. 🍁Inflation slowly slowing The latest reading on 19 October indicated 6.9% which, compared to the peak of 8.1% recorded in June, offers a breath of optimism. 🍁Interest rates definitely higher than in the EU. At 3.25%. With the next rate hike due on 10 October, the market...
Time Frame: 4H Symbol: GBPUSD Bias: Neutral We do not see any strong opportunity here for this pair. We vote for a neutral position.
Hello traders! I have spotted and interesting opportunity to sell intraday. There's a Gartley pattern in formation (and I believe it'll extend to 0.886) in which the CD leg also completes an AB=CD pattern on ratios 0.704:1.44. This is a medium high harmonic pattern. It's highly probable that it'll hit TP1 from my perspective. TP2 could happen, but TP3 could be so...
Time Frame: 4H Symbol: GBPUSD Entry: 1.13223 TP: 1.10500 SL: 1.15226 Bias: Short As we see the pair is showing an overbought level and this may result is a reversal and therefore our eyes are on bearish side.
Time Frame: 4H Symbol: GBPUSD Entry: 1.11824 TP: 1.09223 SL: 1.13779 Bias: Short We are bearish for this pair. There is a high probability of a strong price fall following by the current price oscillations that we have seen recently
Time Frame: 4H Symbol: GBPUSD Entry: 1.12083 TP: 1.09386 SL: 1.14637 Bias: Short The pair is not well suited for major trending trades. We can consider the micro trends and follow the micro level opportunities keeping pace with supply and demand and follow the projected trading set ups.
Time Frame: 4H Symbol: GBPUSD Entry: 1.13705 TP: 1.16921 SL: 1.11020 Bias: Long The zigzag price pattern of the current set up is denoting a weaker trend in the market. As we do not see any strong price pattern here, we cannot forecast any strong price projection. However, our main strategy is to avail opportunities from short term price fluctuations.