According to our technical analysis from higher timeframes, we see that GBPUSD is still in a bullish trend at the start of this week. If you took a buy order on this pair last week to front-run this week, then you'll most likely have a great opportunity to take profit in the area we've specified for Bulls to exit here on our chart. However, if you'd also like to...
Technical Overview: - EUR/GBP We had seen the bearish run down raiding the support level at 0.88500 many buyers and sellers were interested in this very special level. Due to the fact that the market likes to move where there is liquidity, it is no surprise that we raid this very key lows. Many of us are taught to buy where price is mostly rejecting, and that's...
Welcome to our weekly trade setup ( GBPNZD )! - 1 HOUR Bearish closure at the end of previous week. 4 HOUR Expecting more downside this week. DAILY Overall sideways moving structure with good short entries! - FOREX SWING SELL GBPNZD ENTRY LEVEL @ 1.90560 SL @ 1.91600 TP @ 1.88970 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different...
Price is in strong uptrend, it is likely to continue going up, currently price could retrace into 144,000 Psychological level and bound back up
After opening lower than Friday's close GBPCAD has made a nice run back up to the bottom of its 2 day range. Now that those lows have been swept, I expect that there is opportunity for the pair to go on a nice run. From a fundamental aspect, The Pound has taken a breather after a rather dominant 2020 however, paired against the Canadian dollar I expect for it's...
So the Bullish TL from the March lows is still firmly in tact. But we need to break this resistance to push higher. The first target is pretty obvious, with the psychological 1.40 but technically, the first resistance after it breaks here is 1.44. Pull back area for the corrective sells also could be valid with sells below the 23.6% Fib level showing a valid...
Technical Overview: - GBP/USD Check our analysis from previous week Price is seeking liquidity and a lot of it stands above current resistance. We have entered long positions last week targeting this imaginary line. Our long term analysis remains bullish however, currently DXY is in a very uneven state, we do anticipate more downside before any major moves to the...
Remember : This chart is just an idea, not financial advice.
Hello traders and analysts. Key: Purple = weekly Blue = Monthly Orange = Daily grey = 4hour pink = 1 hour See our update to the tracking of our position on GJ The original idea is here for 2021: Where are we and why are we there? Fundamentals at play With the successful Brexit transition and recovery from the Risk-off scenario from Brexit, the commodity...
Short term short opportunities on this pair. Set your pending orders anticipating short moves to the downside. Happy Trading!
Coming to a key area. We are now at Feb 2020 prices, pre Covid pricing. Has the pound really recovered to pre Covid levels? Here's the outlook, clear technicals. Bullish structure, HH's and HL's within the Ascending Channel. Looking for a pullback before, probably a further push through that resistance.
Hi there. Price is forming a reversal pattern to change its direction. Watch strong price action at the current levels for sell.
gbpjpy 4hr chart - February 2021 February 2021 analysis - short is the aim looking for three positions and immediate movement to the downside and retest previous movements. speculative prediction, using previous high and lows to force the price in a downward movement. Consistent movement within the tp3 channel. tp1 tp2 tp3 Good luck
Waiting for GU to break the range either to the upside or downside, based on my GJ analysis I am buy bias on the pound.
Price could break through the first key level before pushing back up, ideally id like to see multiple wick rejections at the key level on lower time frames before entering a buy.
GBPYJPY Short opportunity at the Daily TimeFrame I could see Uptrend but for continuation of it, it needs to go down till 140.300 atleast IMO.