Analysis of #EURUSD the EURUSD is near its trend line resistance also 1.0800 key level we can expect the market to show some bearish action here but, I need to see to reversal pattern near the structure resistance level before considering sell entry. ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 | Feel free to...
Analysis of #USDCAD While the Oil keeps on rising we can expect the CAd to strengthen against the dollar and I am expecting further downside. if the market comes and tests my structure support zone near 1.2500-1.2480 strong demand zone I will drop a one-time frame looking for the market to show bullish action before getting in a buy...
Analysis of #GBPYSD Similar to my EURUSD analysis a few moments ago, the GBPUSD is near its trend line resistance also 1.2600 critical resistance level, waiting for the market to test my resistance level, and look for a reversal pattern before entering a short trade ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 |...
Analysis of #NZDUSD The NZDUSD formed a double top with broken neckline resistance and it did break its trend line support level now we look to sell. waiting for price action to retest my resistance zone near the strong 0.6500 level to initiate a sell entry if the rules are met. ________________________________________ 💭 | Comment your thoughts below, I...
Analysis of #GBPJPY The GBPJPY is near its structure resistance level where the market corrected aggressively to the downside and dropped more than 7.6% or 1286 pips. the circumstances now are quite different as the YEN keeps on weakening across the board and the trend here remains to the upside so far. I will be conservative here and look for a reversal...
Analysis of #USDCAD following up on my previous USDCAD I am still waiting and expecting the market to test the lows only then i might consider a buy near 1.2490-1.2450 if the rules for entry are met ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 | Feel free to message me if you have any questions. Thanks for...
Analysis of #GBPCHF GBPCHF might be coming to test its structural support level near 1.200 which will represent an interesting level to start looking for a buy entry if the market provides a valid entry with reasonable risk to reward ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 | Feel free to message me if you...
USDJPY SELL @134.700 TP1 @134.500 TP2 @134.200 TP3 @133.700 SL @135.300 Note:- Use exact Entry or below this level. Trade in sell stop Only.
Time Frame: 4H Symbol: GBPUSD Entry: 1.23379 TP: 1.21836 SL: 1.24898 Bias: Short This instrument also can go further down creating a new short opportunity. We expect a short trade from the current price context.
Time Frame: 4H Symbol: JPYUSD Entry: 0.007469 TP: 0.007264 SL: 0.007623 Bias: Short The pair is bearish . If we think about going short for a week or two ,this pair can be a good candidate. But for a short term trading, it is not a good choice.
Time Frame: 4H Symbol: EURUSD Entry: 1.05498 TP: 1.03325 SL: 1.07220 Bias: Short For this instrument our bias is short. The pair may move further down before any strong pull back.
Time Frame: 4H Symbol: XAUUSD Bias: Neutral Gold is in a stagnant situation. We do not see any bias for gold today.
Time Frame: 4H Symbol: USDCHF Bias: Neutral Today we do not see any specific signal for this instrument. Due to lack of sufficient volatility in the market, there is a great risk of taking short term trades. It is better to wait for a better entry.
Crossing the price of 2.8 will increase the supply pressure. The onset of a 3 out of 5 wave is attractive.
This is going to be a small trade. The shark pattern has harmonic proportions and it has already completed the 1.618 requirement in order for it to be one. If it hit SL, it means USDCAD will already go bullish from now on.
Time Frame: 4H Symbol: JPYUSD Bias: Neutral In the short term we do not have any strong directional bias for this instrument though in the long term the pair is bearish. Our bias remains neutral for the time being.
Time Frame: 4H Symbol: GBPUSD Bias: Neutral There is no probability of major price actions or volatility influx. So we are not in any directional bias.
Time Frame: 4H Symbol: EURUSD Bias: Neutral There is no strong bias in any direction. So our bias is to stay neutral for the time being.