Interest rates will be announced by the FED today. The news is at 21:00 Bulgarian time, and the press conference 30 minutes later. The only thing certain before the news is that there will be big fluctuations. Therefore, it is advisable to reduce the risk on active positions and not to hurry with new entries. The main option where we will look for trades is on...
Interest rates from the FED and ECB are coming up this week. This will determine the next move in EURUSD. After reaching 1.1274, a correction was initiated, which we expect to continue until the news. The next important support is at 1.1004. We will be watching for a pullback from these levels and buying opportunities.
Hello Traders! 0:0 Introduction/Weekly Fav Prices 1:25 Daily TF breakdown 5:24 1Hr Chart Fundamental news combined with Technicals 13:25 Quick 4hr TF details 14:00 Continued 1Hr Chart 18:25 trade 1 short 19:35 trade 2 short with unemployment news Welcome back to another video analysis. In this analysis, I detail how we could've used rationale to decipher the...
Gold has been pushing upwards the past week, 1963 area seems to have formed a resistance of price. I have implemented kill zones into my strategy now. Also looking to sell from rejection of resistance, but, price could push through from CPI and Retail Sales news at 1:30pm GMT. Caution on USD and CAD pairs at this time.
Holding a buy from the resistance of 78-79. Im looking at EMA200 as 1Hr candles have closed above. Again using kill zones in my strategy now. Waiting for more news at 3:30pm on USD pairs
Can we see a push from GU today? Looking for strengths in the dollar, I am currently watching London and NY sessions today. Running most of this trade on fundamental analysis. Not too much technical. Using killzones and 200EMA implemented in my strategy, also watching MACD to determine buy and momentum. Buy order is set, will update when entered. 7:1 R/R
The rise in EURUSD continues and we are now very close to 1.1274. This is an important resistance level and we will watch how the price reacts when it is reached. There are no opportunities for new entries here this week. Today at 15:30 there is USD news that may have an impact! The resistance level along with the news is a good time to initiate a correction.
Seeing a nice move to the upside on BTCUSD. Might be heading up for the rest of the day. Their will be news coming out in an hour so I am expecting a lot of volatility so watch out. Let me know what you think!
Last week, EURUSD rose over 300 pips. Thus working out much of the expected movement. We expect the uptrend to continue, with a possible correction before that. This will allow new entries with a target above 1.1274 There is no basis for trades at current levels. So we wait for the development and turn to other tools.
USD/Chinese Yuan has been showing dovish signals during the 3rd qtr and after the news on July 12, 2023 (which can be located on the blue location tab) the economy shows to be slowing down significantly. After news printed on the 12th of July 23, price made a clear decision just 4 hours later we can start to see some clear institutional movement with the dovish...
The EURUSD rally continues and we are now above 1.1200. The next resistance level is at 1.1274. All active buys should have stops moved and a close option considered. There is no basis for new entries at these levels! At the end of the week, there may be some profit taking which will lead to a correction.
Yesterday the big news passed and EURUSD went up over 100 pips. Thus, it broke the resistance and confirmed the upward movement. All active buys can be with stops moved below 1.1000. The next resistances are at 1.1178 and 1.1274. The levels around 1.1080 will now act as a support and we will look for buys on a pullback. Today, we are more likely to see a...
Some of the most important news for the market at the moment will be published today. Inflation data in the USA will be announced at 15:30 Bulgarian time. Regardless of the values, larger fluctuations are expected. Therefore, before important news, it is recommended to reduce the risk of active positions and avoid new trades. EURUSD continues its uptrend and...
EURUSD continues to rise and is now above the previous high of 1.1000. This confirms the upside move and targeting 1.1080. Current levels are not suitable for new entries! CPI data is due tomorrow and more swings are expected. All buys should be de-risked by moving the stop or partial closing.
On EUR/JPY, we have a bearish trend following the news released during the Asian session. The price has formed a supply zone with a value gap and a breaker block. These are two potential entry points with a target set at the second lowest low. It would be fantastic if you could share your opinion and leave a like to support our work. Greetings and have a...
Support forming on 15m chart, with the Yen weakening, theres little prevention against depreciation. Id expect the EUR to rise against the Yen, I am placing a buy order at the bottom of support targeting the rejection to resistance. We have sen over recent month's the dollar slowly eating away at the Yen, from this im predicting the EUR will follow.
Selling EJ, Looks like a rejection of that strong resistance level ive mapped on my chart. With the Yen weakening, Im looking to short. News today 2:45 PMI and 3:00 PMI to watch.
Although the Forex market is open 24/5, there are days when it’s better not to trade. One of those days is the 4th of July- US Independence Day. US markets will be closed and activity will be lower. This, of course, doesn’t prevent long-term positions from developing. We expect a continuation of the rise in EURUSD and a move above 1.1000!