With the current structure, the Aussie appear to extend gains above 0.95 in the coming week(s). As of the time of publication, a reversal set-up has been identified within the demand zone at the 0.934 area where we shall be looking for a signal to buy at a breakout of the key level which also serves as the neckline of the reversal structure. Risk...
Following a 500pips move since my last publication on this pair (see link below for reference purposes); It appears we do have another trading opportunity here on the GBPNZD. The appearance of a reversal set-up on the 1H time frame coupled with the obvious that the price is currently within a supply zone; we might want to consider a selling opportunity on this one...
A follow-up detail on the XAUUSD was published last week (see link below for reference purposes) With over 3,00pips moving in our direction since my last publication, we currently have another set-up lining up for a bullish momentum as a bullish trendline structure is identified on the 1H timeframe. Risk Disclaimer: Margin trading in the foreign exchange market...
This is a follow-up detail on the XAUUSD that was published on Monday (see link below for reference purposes). After hitting break-even during the latter part of yesterday's trading session, another opportunity appears to be arising considering the reversal structure identified in the 1H timeframe. Let's see what happens as price action is been monitored. Risk...
Following the strong bullish momentum identified on the daily time frame, and considering the reversal structure noticed on the daily time frame it appears that we are on a verge of a retracement phase which could probably tend towards between 50 to 78.6% retracement of the impulse leg from a long term perspective. Risk Disclaimer: Margin trading in the foreign...
The identification of a reversal pattern on the 1H time frame could be a signal that awaits confirmation for a bullish continuation going into the new week. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation...
Price presently evolving out of the demand zone identified on the 4H time frame coupled with structures identified on the lower time frame suggests a bullish potential in the nearest future. Let's see how price action plays out in the next couple of hours! Cheers Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs,...
Quick one! Similar scenario with what we have on the EURJPY... It seems to me that the Japanese yen is getting some traction with the fresh new month hence it's worth considering other JPY pairs for opportunities. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable...
Stoploss hit with around 30pips profit. Price is currently back into the neckline of the reversal pattern identified in the 1 Hour time frame and we are expecting a trend continuation to the downside should the price goes as planned. Cheers! Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high...
It has been strong bullish momentum in the last couple of weeks and it appears we might be heading for a retracement in anticipation of a trend continuation to the upside. In this regard, we are hoping to take advantage of a counter-trend opportunity if it finally happens. A reversal pattern is identified on the 1H time frame and a signal is confirmed considering...
AUDUSD appears to be at risk of further decline in the nearest future as price action is currently oscillating within a supply zone on the weekly time frame. Find in this video what my thought process is prior to making a decision on this pair. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a...
We have moved stop-loss to 25pips from entry as we continue to monitor price action. Thank you Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole...
45pips running in profit at the moment (link below for reference purposes)... I still expect a retest of the neckline to incite a further decline in price. I shall keep you posted Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of...
We are currently in 200pips profit as price action moved exactly as projected in our analysis yesterday (see link below for reference purposes). Let us continue to watch and see if price action has the tendency of moving further up in the next couple of days... cheers! Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading,...
Remember we identified an inverse head and shoulder structure during the course of last week's trading session and we have been waiting for close to a week for the price to incite the reversal move. In this video, we have identified a set-up that appears to guide us into the potential wagon of bullish momentum but this requires a very conscious approach...
The identification of a reversal pattern around 0.695 area is a signal that there is a risk of a further decline in the price of the Kiwi. Find in the video how I intend to take advantage of the potential downtrend. I thought I publicly shared a publication on my bearish bias but unfortunately, I do not have it anymore, please bear with me. Risk...
Finally, we have a breakout of key level and we should anticipate a confirmation at the end of the current retracement to take advantage of a potential bullish momentum. See the link below for the previous analysis. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable...
In the last couple of hours, we witnessed a retracement into the neckline of the inverse head and shoulder pattern identified on the 4H time frame and this appears to be a confirmation for bullish momentum if the price does not break below the bullish trend line. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs,...