Hi traders.Check out my intraday analysis and areas where I expect reaction of the market in EURUSD currency pair. Hope it helps in your trading, have a nice day.
Hi traders.Check out my intraday analysis and areas where I expect reaction of the market in AUDUSD currency pair. Hope it helps in your trading. If you like more charts with an explanation i will be happy for your thumbs up or your comment. Have a nice day and many good trades.
Potential to trade the bullish AUDUSD major pair should price break the indecision doji candle positioned on the 50% Fibonacci area of value following a recent period of retracement. Possible 1:3 risk to reward ratio should price reach the 100% Fibonacci extension level.
After nice move up a waiting for pullback to are between 1,11367 - 1,11162. Where was accumulation followed by moving up. If i use Volume profile for finding Point of Control ( POC ) , can see around 1,11277 . There i expect long reaction from strong buyers. Happy trading Dale
This analysis is only intended for educational purposes, not financial advice! Be safe !
GBPUSD broke major downtrendline Pair is based above key level at 1.2280 Above SMA 100 RSI is above level 50 We r waiting price to exceed resistance level and HVN at 1.2331 to open long trade It's expected to target the supply zone at level 1.2640
Hello traders, As we can see on the chart, the price has been rejected two times already from the Resistance trendline near the 1.10 psychological number and heavy resistance as expected from the yesterday analysis. What is seen on the chart now is that the price reached a region from where it pushed back up and if it holds above these long wicks the EUR/USD pair...
Hello traders, I see the price retracing to the area where yesterday I said that it could bounce back up. If this level holds the bearish pressure GBP/USD pair will head towards the inter-range resistance. Wish you all a great day and be safe !
Good day everyone! On EUR/USD pair we see that the price has been rejected nicely from the downside since my last post at this particular level. Now, the pair is heading towards the 1.10 major resistance level which was tested in the past several times and could not brake it. Maybe with the depreciation of the US Dollar it will manage this time. If it could get...
EURUSD rebounded from demand zone at level 1.0880 Price broke neckline of inverted Head & Shoulders pattern Above HVN at level 1.0813 Above SMA 100 MACD shows bullish momentum It's expected to target first key level at 1.1009 then finally target supply zone at level 1.1135
Bullish wave (a) ended at level 1.2298 then corrective bearish wave (b) rejected from 61.8% Fibonacci level of preceding bullish wave After that price broke major downtrendline Price is above HVN at level 1.2192 which indicates that pair is in accumulation phase Above SMA 100 on H1 frame MACD shows bullish momentum It's expected for coming bullish wave (c) to...
Hello traders, I am just sharing my thoughts about EUR/USD pair and at this point price can go either way Up or Down. As it is shown on the price chart we are exactly at the middle of the range where we found a support based on previous candles tops and several bottoms at this particular price level. I personally am more inclined to think that the price will test...
Today, I would like to have a closer look at NZD/CAD. What caught my eye here was a strong sell-off that occurred last week (13th May). Such a strong sell-off is a sign of aggressive sellers jumping in and pushing the price downwards. In this case, it is pretty easy to spot where those sellers were accumulating their selling positions before they started the...
GBPUSD respects downtrenline Price is based below key level at 1.2253 and SMA 100 Rejected from 50% Fibonacci of preceding bearish wave at level 1.2269 Below HVN at level 1.2434 RSI reached overbought region It's expected for price going down towards demand zone at level 1.1925
Here is two significant volume cluster for this week on AUD/USD. Closer Volume cluster 1 is tested. ( 0.6483 ) So right now i waiting for short trade from Volume cluster 1. ( 0.65084 ) Where i expect short reaction confirmed with trend down. Happy trading Dale
After strong down trend was created two volume clusters... This Volume clusters will be good enter for the short trade.. Because i expect that this strong sellers will be defend their short positions. Stay safe Dale
How to Use Order Flow on Forex Today, I will do an intraday analysis of CHF/JPY. It will be a bit different this time because I will also use Order Flow. Let’s first talk about what the Price Action and Volume Profile show. There has been a strong downtrend since the beginning of this week. There haven’t been any major pullbacks and the price has been heading...
Volume accumulation What I always like to see is a price rotation which is followed by a trend. I call this the Volume Accumulation Setup. First, volumes get accumulated in the rotation and then the big guys push the price into the trend to make money. Why do volumes get accumulated in a rotation? Because the big guys can hide there. They don’t want to show...