Gold H1 - 50% fib resistance has been triggered, 618 fib resistance ties up nicely with our breakout area. Still trading below $1900 too
AUDUSD H1 - Break and retest seen on this support zone at 0.71400. The resistance at 0.72 held long enough until Trump spikes the markets and the USD sees market strength. Effectively a double top pattern, looking at the second stage.
Welcome traders to a free analysis breakdown. Today I am highlighting possible trade ares on EURUSD, if you any questions on the pair let me know in the comment section below. Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this breakdown helpful . If you liked this free educational please...
USDJPY H4 - Decent rallies seen on USDJPY this morning, YEN lagging behind with general market strength this morning, back on that key resistance price of 105.650. Ideally want to monitor this price and look for some rejections and price action confirmation.
AUDUSD H4 - Lots of resistance just above current price, 0.72 is quite a bit psychological number, monthly key level, and resistance just a little above. Could be a second test of fibs/resistance before dropping again.
USDJPY H4 - As mentioned, we have a lot of economic data coming up regarding the US over the next couple of days, this shall influence the USD a lot, effectively act as a catalyst to move USD markets, so do be aware of these points and keep an eye on timings! Lots of consolidation seen on UJ, could be exhausting, DXY broken support and setting LH's and LL's.
USDCAD H4 - Another USD setup, this one is more so a bearish setup than a bullish, so converse to the above. USD setups will be largely influenced by how the markets react and settle to the debate as previous mentioned.
USDCAD H4 - A simple break of these cluster/consolidation highs around this 1.34 handle followed by a subsequent retest could set us up nicely for a chance to grab an entry in with the long trend.
USDCHF H4 - Coming back to retest that 0.92 support region after smashing through last week.
Welcome traders to a free analysis breakdown. Today I am highlighting possible trade ares on AUDUSD, if you any questions on the pair let me know in the comment section below. Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this breakdown helpful . If you liked this free educational please...
Price broke this daily resistance and retest it + respected my trend line. Im expecting to see a bulish continuation today 📈
Welcome traders to a free analysis breakdown. Today I am highlighting possible trade ares on EURJPY, if you any questions on the pair let me know in the comment section below. Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this breakdown helpful . If you liked this free educational please...
EURGBP H4 - Support zone actively breaking, H4 candle has just closed, looking for some sort of pullback to resistance (previously support) at 0.91, now we are trading below 0.91 so generally bearish bias for the moment, especially after breaking support and the downside market gap. GBP starts the week strong!
EURAUD H1 - This is effectively what we would be looking for to compliment a short setup, sequence of LH's and LL's, very marginal, but nevertheless still trending.
EURAUD D1 - Big support resistance range here on EA, we have had an early session selloff and look to be correcting now. Market gapped downside, looking to see how we respond to the H1 counter trendline, I'll mark this up now.
NZDUSD H4 - Support zone held nicely, lots of confluences on this support zone. Monthly key level, local support zone and, whole number support. Ascending trendline too ties in nicely. Not sure how much mileage this has in it, but already pushing 1:1.
GBPUSD H1 - We spoke about this support zone of 1.27 being a pivotal point and due a breakout. Support held and we formed a triple bottom before then taking off and setting new highs. Possible retest of the previously broken resistance price before taking off upside again, USD may see corrections today as covered in the technical rundown video.