Time Frame: 4H Symbol: XAUUSD Bias: Neutral Currently the pair does not show any promise for any long term movements . What we see is a clear neutral bias.
Time Frame: 4H Symbol: USDCHF Bias: Neutral The major trend for this instrument is neither bullish nor bearish. The price actions are within bounds and the scope for massive volatility is limited too. So we are neutral for this pair.
Time Frame: 4H Symbol: JPYUSD Entry: 0.007483 TP: 0.007085 SL: 0.007772 Bias: Short The pair is trending down. If we look at the current price and its propensity to move downwards ,it becomes explicit that the pair has potential to go down creating a short opportunity.
Time Frame: 4H Symbol: GBPUSD Bias: Neutral For this instrument we do not have any bias today. We do not see any high probability set up that can be efficiently traded to garner some pips. So it is better to wait .
Time Frame: 4H Symbol: EURUSD Bias: Neutral The momentum and volatility of this pair does not show any strong possibility in any side. Our current bias for this instrument is neutral.
Time Frame: 4H Symbol: XAUUSD Bias: Neutral The price pattern of gold is not showing any optimism for the time being. An obvious sign of lethargic movements is the position of different moving averages that we have attached for technical analysis purpose. We do not see any significant bias.
Time Frame: 4H Symbol: USDCHF Bias: Neutral Currently the price action is not at all remarkable for this instrument. The performance of the pair is below expectation and there is no high probability set up too.
dear friend, i think GBPJPY get long position. keep in touch nice day.
Hy dear Members. Hope you all are enjoying our ideas and analysis. Now we are here to discuss about GBPJPY. GBPJPY exactly moved According our analysis. Now this is going to hit main resistance level. And after this resistance level we can see a good Retesting. But if it breaks this resistance level we will see price at 175 level. But maximum Chances we will drop...
Time Frame: 4H Symbol: JPYUSD Entry: 0.007544 TP: 0.007234 SL: 0.007776 Bias: Short For this instrument our bias is short and we are using the short term momentum and volatility as triggers. If the current market situation persists ,it will create a short term sell opportunity.
Time Frame: 4H Symbol: GBPUSD Entry: 1.25066 TP: 1.21885 SL: 1.27297 Bias: Short This instrument is showing a short bias and we have detected a medium probability short opportunity. Due to low volatility and poor price movement, the signal is not strong but our bias is short after a technical review and we plan to go short because of that.
Time Frame: 4H Symbol: EURUSD Entry: 1.06736 TP: 1.04276 SL: 1.08358 Bias: Short For this instrument our bias is short and we think there will be a short term momentum drive which may end up in a short trade.
Time Frame: 4H Symbol: XAUUSD Bias: Neutral For this instrument our bias is neutral as we do not see any high probability set up or directional bias. Technical study of various indicators and calendar analyses show that we still have to wait for a better trading opportunity.
Time Frame: 4H Symbol: USDCHF Bias: Neutral This pair is still in a neutral position . There is no explicit directional bias and we do not see any opportunity for momentum trades too. So we stay neutral.
Did take the first profit on the short I published on May 26. I moved my stop loss a bit and adjusted the Harmonic pattern to a Daily Chart to have a clearer view. Frankly, I am skeptical of hitting the 357 ish target, But I want to stick to this TA as much as possible. Will partially take profit along the way. the ECB on Thursday is what I'm looking forward to.
Been watching the EURHUF for several months now. as the political/economic situation in the eastern part of Europe gets more and more complicated, could picture this Bullish Harmonic pattern forming against the Hungarian Forint. I know shorting the incomplete harmonic is not recommended, but I believe with a managed risk, you can trade any Idea. Of course, in...
Yesterday we theorize 2 possibilities for the market to go bearish on EURUSD. Now we have the first possibility invalidated, meaning that the price may look for our second possibility. We have to wait for the price to retest and it hasn't retested the resistance yet, so it could be a good opportunity to sell. I have also placed the reason why I think it will...
Hello again! I have this deep analysis on EURUSD on 2 possibilities to go short based in my analysis on trend analysis, chartism and mostly harmonic patterns. I'll explain the 2 scenarios I have and take notes for it to be possible. Possibily 1: Last week an ideal bullish AB=CD pattern with 0.618 : 1.618 ratios was formed and if it still goes up it could...