heres my analysis on the major EUR/USD. you can become complacent and just do your analysis from week to week or when every you guys do it, but sometimes you have to look at a pair in a little more detail. this weekend ive looked at EUR/USD's price action in the past and the potential move that we could get. a lot of people would say this is ambitious, although...
please like and commend if you like the idea. It can be more bullish before going down so we have to wait for right opportunity. research before investing action.
Please like and commend if you like the idea
The Euro pulls back further from Wednesday’s 1.2350 apex following another approach, the Loonie recoils from 1.2650+ to sub-1.2700 post-Canadian trade data and the launch of a dispute settlement process against its NA neighbour over tariffs on solar products that it deems to be unwarranted. It may be too premature to draw firm conclusions or make assumptions, but...
ARCS if the merging company is literally any of the ones I’m thinking of we are talking .25 plus this next week instantly with a day this run hasn’t even started yet !!!
Needs to break above .52 to begin a new uptrend. Breaking below .485 could send us towards .45 then .40. I even can see a case for a retest at .33-.34 in a worst case scenario. However, if 2017 taught anything is once XRP begins to climb a short strategy is a quick way to get rekt. The true short trade was weeks ago in the .70c region. Certainly there...
WORLD MARKETS COULD HAVE JUST TOPPED OUT
Note that ideas published represent my viewpoints on structural directional movements. I do not post explicit trade parameters (i.e. entry, take profit, stop loss, etc.) as these are set to in reference with my expectancy. Since my win rate and R-multiple targets are different, ideas published are simply a resource to provide guidance. You are expected to manage...
It seems that for some time in the future we expect to be able to buy USDJPY , because it can be seen from the displayed chart, there has been confirmation at the price of 104.022 touching the 61.8% Fibonacci retracement level (Fib 1).
No directional bias at this point, but how it plays around this level may hint at momentum plays on the major pairs for the weak ahead. Note that ideas published represent my viewpoints on structural directional movements. I do not post explicit trade parameters (i.e. entry, take profit, stop loss, etc.) as these are set to in reference with my expectancy....
As I spoke about we have broken out of this descending trendline, creating a higher high, we can now see this flag pattern which price is respecting at the minute, once we have a breakout of this I will look for an aggressive entry to go long.
We can see price is now changing trends as we have confirmed a lower low and we look to be confirming a lower high here in this confluence zone (50% fib level, and structure level) after we have fallen out of this ascending trendline.
Just testing a strategy with this pair, a lot of confluences suit longs around the given zone.
Hey, I am back with another Forex idea, this time looking at EUR/USD. EUR/USD is trading in range from 1.17500 to 1.8700 for over a month and since we have daily EMA's (20,50) uptrend and 4H EMA's (200,50) uptrend, the most logic thing to do is to Long the bottom! TP1 is slightly below 1.8100. I am buying this current dip with a small stop loss. Good luck with...
We can see price has moved very impulsive since the Breakout of the ascending TL, however we are now in an area of interest, we have to 50% fib level, previous lows acting as resistance, we can see a double top and a bearish wick candlestick to confirm this entry. The only timeframe this doesn’t look good on is the 15m, however these higher TF’s are much more...
There looks like there is a lot going on in this chart, ok so let me break it down for you. With correlation to my DXY weakness bias this pair is screaming for a move higher, technical are also on point. I took a long from the Breakout of the recent descending TL and bagged 5%, since then we have seen price push up higher however it is now very corrective and at...
Hidden bullish divergence after a 3 rising valley formation and coinciding decade-long critical up-sloping support on the DXY could indicate a major reversal, or alternatively major break to the downside to re-test the all time lows.