EURNZD H4 We had a support long marked up here and the wicks to the left would have knocked us. However, if we see another pullback to support, lower timeframe double bottom or something of the sort, we could possibly consider longs up to resistance, again, offering a solid 4R.
Hello everyone, if you like the idea, do not forget to support with a like and follow. Prior chart: After a nice break above the $1,780, we have came up and reach the first upside target of 400 pips at $1,820. I have also included the 200 MA to show the final touch position. More upside is expected on this one! NFP out today so trade safe and stay tuned for...
The EUR/JPY is still contained inside 131.00-.70 with option expiry interest from 131.50 (1.1 bn) perhaps keeping EUR/JPY underpinned on return of Japanese markets following Golden Week. Meanwhile, the Euro may have derived some comfort or momentum from better than expected Eurozone data as retail sales and German industrial orders both beat expectations. Next...
GOLD H1 Sitting just shy of 1800/oz, we could see this hourly range fill again, nice 5.4R setup from resistance to support. Only really a trade for those with the larger account sizes, 1795 entries, stops just above 1800 and TP extension around 1765, this is something I've just jumped into with small risk.
This is an interesting one! the pair hit the resistance at 85.00 and then started its short wave but around the mid point of the trend coloum it seems to have retracted with a strong reversal pip on the 4H time line. The STOC shows the buyers starting to take over as a crossover has appeared as aswell as a strong buy signal on the 1 hour timeline. the moving...
GBPUSD H4 This is the basis my GBPUSD short was taken from, nice initial rejection during volume open for our EUR/LON session kickoff, 1.39 is holding as resistance nicely so far. Really want to get this bulletproofed and see a nice 15-20 pip dip, currently flirting between 5-15 pips profit, but need to squeeze a little more out hopefully. Manually monitoring anyway.
EURUSD H4 Seeing a break of 1.20 support here on fiber, big support price zone to break. This gives me a little subtle confidence with regards to the GU short I've taken, hopefully we see cable follow similar suit. Lots of good return setups here all pretty much in excess of 4R which is brilliant.
HELLO ALL, USDCAD has been on a year long downward trend. Right now it is at a point that it has made a possible daily LL and is basically oversold on the Daily RSI. If price action indicates a retrace, a long for this pair should be an easy trade. Use daily fib to determine your possible tp and or more longs. Also look out for that retrace to possibly go to the...
Spot gold and silver benefit from the softer Buck but remain around recent ranges with the former around USD 1,780/oz and the latter around USD 26/oz at the time of writing. $1,780 seems to be a tough barrier for Gold to break through however the support seems solid. Further upside anticipated for this week on XAU/USD. Next upside target is $1,8200
The Dollar index looks quite comfortable at the moment above the 91.000 handle after Friday’s rebound to register a late peak for the week, but is off best levels between 91.190-390 parameters as several components claw back some losses and other majors derive a degree of traction via supportive fundamental and technical impulses. However, trading conditions are...
Hello everyone, if you like the idea, do not forget to support with a like and follow. Prior Chart: Euro has breached key chart resistance in the form of a descending trendline, but hit another obstacle at 1.2150 before waning amidst a barrage of mostly firmer than expected Eurozone data/surveys that should keep EUR/USD afloat along with 1.1 bn option expiry...
GBPJPY H4 Currently sat around our 152 whole number price, resistance is around 20 pips higher at 152.200, a lower timeframe structure break and retest would be ideal, seen some big extensions amongst most ***YEN pairs... Even USDJPY is pulling back upside towards resistance, bearing in mind we were dovish off the back of the PC yesterday evening.
Hello everyone, if you like the idea, do not forget to support with a like and follow. Prior Chart: Usd/Cad printing a marginal new 2021 low circa 1.2300 with extra for the Loonie from Canadian retail sales coming in above forecast in headline and especially ex-auto terms. Further downside momentum coming!
Good evening. This is my markup for us30. Fun fact: Currently learning candle stick patterns. tonight homework assignment is to identify 3 of the candle stick patterns we went over today. We are having, what we call a 3 pair challenge. Where we markup 3 pairs. adding in the candle stick patterns was a added bonus. Let me know how the charts looks and give me...
Sterling is still straddling round numbers vs the Buck and Euro at 1.3900 and 0.8700 in the absence of anything Pound specific to trade off, bar less deflationary BRC UK shop prices, while the single currency remains rangebound against the Greenback between broad 1.2100-1.2050 parameters with key declining trendline resistance above the big figure coming in circa...
gbpnzd will be in 2 scinarioes . it is in compeletion of its uptrend dt bouncing off daily uptrend with formation of double bottom and if it fails to go up and the last bottom will be broken it will go up to the next support level at 1.9000. so wait and see and take your decision after confirmation
Touching 4H downtrend line with bouncing off strong supply zone at 0.618 fib level at daily time frame targetting the previous lower low.
EURAUD H4 Similar structure here on EURAUD as we have just shown on EURJPY just using an additional trading zone. Resistance, interims S/R and also support. We trade from one zone to the other, if we break a zone, we anticipate the following zone as a new target. Good to see these zones are being carried forward from last week, just looking for double tops,...