AUDCAD H1 - LONG Prices are sitting at a daily support and is about to test the immediate support area. Look for strong bullish rejections at this zone for a LONG position towards previous high. Depletion of bearish movement can be seen as well. For those who are not in AUDUSD, you can look for a potential trade here.
Nothing much has changed in regards to our previous analysis for Oil. The price dropped at the start of last week, before gaining some bullish strength. For this week we expect the price to test the support zone highlighted on our chart, before gaining more bullish momentum. Medium-term, due to the fact that we are in a very bullish trend that started in April...
Goood morning traders, After FOMC yesterday, setups are forming everywhere. We got a huge short on USDJPY and EURJPY as well as a long on USDCAD. As they've already moved, there's no point in me posting a chart analysis on that. However, EURAUD is yet to move. EURAUD has traded down into a H4 Bullish Orderblock. The orderflow is currently bullish. I'm...
Good morning ladies and gentlemen, Following on from the trade idea I just posted about EURAUD long. I believe that EURUSD could come down to fill the liquidity void that lies below as a result of the FOMC news release. If it fills the liquidity void, I'll be looking to go long on this pair around the H1/M30 bullish Orderblock with my stop below the...
Both trades are only valid if the short is triggered first. However if the buy limit is tapped first the sell will be invalid
Copper moved slow last week and at the moment is in a middle of a consolidation pattern. In the coming days, we expect the price to continue its lazy movement towards the resistance area highlighted on the chart. In our opinion, the chances for a new drop will increase from that point, which may push the price around the liquidity pool located around the 3.80...
As we predicted in our previous market outlook, Silver entered a consolidation phase. For this week, we expect the price to test the resistance located at the $27 area, before resuming it’s journey towards our $24 target. Supported by a strong Weekly bullish trend, Silver could provide a great investment opportunity, having a great chance to reach the $35...
Last week we saw an increase in the Gold price, as the inverted correlation between the DXY and Gold continued For this week we expect the price to increase until it will test the resistance zone located around $1760 level. The price-action around that area will be very important, as we may witness a new drop before the long-expected bullish move. Trade with...
In our previous analysis, we predicted that USDCAD will gain some momentum and will continue to increase, but instead it came under heavy bearish pressure and made a new low. The move was influenced by the strong Canadian labor market report. This week we expect the pair to rise and face some resistance around the $1.26 area that, but we will have to wait for a...
In our last week's analysis for this pair, we correctly forecasted the corrective move that took place last week. For this week, we expect the correction to continue, before the bears will dominate the pair towards the strong support area located at the $0.7550 level. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis...
The UJ ended the week exactly where it started, as the time has come for a complex consolidation pattern. For this week we expect 2 scenarios: 1. Price will continue to move sideways from here, in order to gather further bullish momentum. 2. There is a chance that the price may increase from here towards the Daily resistance area that we highlighted on the chart,...
As we anticipated in our last analysis, the British Pound consolidated most part of last week before finding some resistance in the area we highlighted on the chart. An instant spike in the US Treasury bond yields late last week provided a strong lift to the US dollar and increased the bearish momentum around the Sterling. Keep an eye on Wednesday’s Bank of...
In our previous forecast, we correctly anticipated that EUR/USD will begin a corrective phase before the bearish sentiment will continue. The pair wasn’t affected by the latest ECB policy decision that took place on Thursday, in which we saw all monetary settings left unchanged. For this week we expect the price to continue rising slowly until we test the strong...
Hello Traders, Hope you all are doing good!! I expect DXY to finish correction at the drawn OB & then resume the Up move. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position.
German stocks closed higher on Thursday evening, as gains in the retail, transportation & tech sector led the shares higher. Based on those facts, DAX reached an all time high and is still dominated by strong bullish momentum. As you can see in our chart, we expect the price to continue to increase, but it should soon start a deeper pullback that can drop the...
Hello Traders, Hope you all are doing good!! I expect UC to finish correcting at the OB shown in the chart & then resume its nexxt move UP side. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Hello Traders, Hope you all are doing good!! We can see the momentum shift for GOLD. I expect more upside after the correction as shown in the chart. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position.
Looking for price to cleanly break above that resistance and grab topside liquidity and then for price to retrace and break below the trend line and sweep the bottom-side liquidity, tap into that bullish OB and continue the bullish trend, OB is pretty clean nicely engulfed, There is also clearly a bullish price imbalance which means price has to retrace to fill...