On GBPUSD, after a trade executed on Friday following the NFP release, which resulted in a 9% gain, we are currently experiencing a completely bearish market, approaching the 1.2350 area where a demand zone is located, along with numerous buying orders. Therefore, I expect a bullish pattern to emerge in that area, leading to a recovery of all the liquidity left in...
On the SPX500, we have a bullish trend and a price that, after the approval of the US debt package, could reach the 4300 area where we have a supply zone in H1. The price could bounce before going back down to the 4130 area, creating a short setup according to the Forex48 strategy. Let me know what you think. Happy trading to everyone.
On GBPNZD, we have a short setup that has halted around the 2.0529 area, where we have a strong demand on the H1 timeframe. The price might bounce upwards from here, forming a textbook long setup for the Forex48 strategy. Therefore, the long objective is to target 2.07, where we have significant volumes. Let me know what you think. Happy trading to everyone.
On AUDUSD, we have an important Point of Interest (POI) at the 0.6505 area, created by the market exiting a demand zone. Following the Forex48 strategy, the objective is to wait for a rebound in that zone for a long entry with a target of 0.6550. Let me know what you think. Happy trading to everyone.
On CHFJPY, we have a price located around 152.90 where we have a strong demand zone. Following the Forex48 Trading Academy strategy, I will aim to wait for a slight upward movement with the formation of a Point of Interest (POI), which is a bullish setup, and then enter a long position with a target of 155.40. Let me know what you think. Happy trading to everyone.
I'm adding an analysis a little later. I see gold on the way to 1970 and it will look for SHORT support there. But it is still a good entry for a long. As the chart shows, SL and TP. Always take partials and move SL to be after 30-50 pips profit!
On NZDJPY, we have a price that is currently in the 84.48 area, where we have a demand zone. The price is creating a significant liquidity area there, and a long setup could potentially be formed to reach the 86.60 area, covering the entire market inefficiency. Let me know what you think. Happy trading to everyone.
On AUDUSD, we have a price that, after forming a demand zone around 0.6530, retraced to the 0.75 Fibonacci level, creating a long setup. The target for this trade is 0.6650 with a risk-reward ratio of 1:6. Let me know what you think. Happy trading, everyone.
On EURCHF, we have a bearish setup this morning with the price declining and forming a short setup, making it an excellent entry point around 0.971 area. The trade offers a 1:25 risk-to-reward ratio, which is a great setup with the Forex48 strategy. Let me know what you think. Happy trading to everyone.
On USDCAD, we have a price that oscillates between a fake supply and demand in the 1.36 zone. The objective will be to wait for the price in this zone for a possible long setup and then enter with a target of 1.3720. Let me know what you think. Happy trading to everyone!
In CHFJPY, we have a price that is descending towards the 153 area, where we have a demand zone and where the price could create a bullish setup, potentially returning to the 154 zone. This is because we have observed a significant amount of buying and selling orders both in the highlighted supply zone and in the mentioned demand zone. Let me know what you...
In AUDJPY, we have a strong Yen that is driving the price to the 90.600 area, where there is a demand zone and where the market could create a bullish setup due to the significant amount of orders present in that zone. The entry is expected around 90.700 with a target at 91.600. Let me know what you think. Happy trading, everyone.
On NZDCAD, after a significant decline caused by the increase in interest rates by the Reserve Bank of New Zealand, we have a price that has dropped to the 0.8305 area, where there is a significant validated demand zone and a long setup created in mid-April. The target for this long trade is 0.8486, with a risk-reward ratio of 1:10. Let me know what you think....
On XAUUSD, we have a primarily bullish setup that is currently retracing in the 1960 area and attempting to move back above 2000. My trade is based on the Forex48 2.0 strategy, which is a well-defined graphical configuration. Let me know what you think. Happy trading to everyone.
On AUDUSD, we have a bullish setup this morning with a trade that started after defining a point of interest (POI) overnight, which is a bullish setup. The objective is to wait for a bounce around 0.6620 or enter around 0.664 if a bullish setup forms. The target is in the 0.76 zone. Let me know what you think. Happy trading to everyone. Forex48 Trading Academy
EUR/GBP shows a neutral structure with a price ranging between 0.8730 and 0.8670. The Forex48 strategy has identified a bullish setup for a long entry within a demand zone around 0.868, with a target of 0.8730. Let me know your thoughts. Happy trading to everyone. Forex48 Trading Academy
NZDCAD has formed a bullish structure since Tuesday, May 16th. Currently, we have a price that has established a demand zone around the 0.84 level, creating a bullish setup highlighted in yellow around 0.842. The objective is to enter a long trade with a target of 0.85. Let me know your thoughts. Happy trading to everyone.
On this pair, we have a clearly bearish price with an excellent entry point identified around 1.2550. The objective is to wait for a textbook retracement before entering short. I remind you that I am following the Forex48 strategy. Let me know what you think. Happy trading to everyone. Forex48 Trading Academy