This morning EURUSD was a few pips away from its parity price. The downtrend is still strong and we will be looking for levels below 1,0000. This strong psychological number will most likely cause a pullback due to profit taking and stop loss hunting. If this happens then it will look even better for short positions. We're not looking to buy the EUR here on...
On Friday we had a downtrend continuation and a new low. We will be looking to sell again, as soon as price gets around 1,0200 and it then reverses. The candle wicks will give us a good entry signal. We're expecting to see a retest of the low and a breakout as well.
EURAUD experienced strong bearish momentum to achieve targets from my previous analysis and broke the support level dropping even further. A retracement towards the broken support seems highly likely.
Today NFP is being published! We're expecting more fluctuations at that moment. We're also at a good levels to see a pullback and that could be the chance. Right now, we're not looking for entries on this pair. Anyone who's holding short trades, it's probably best to reduce the risk by moving your stops to breakeven or even in profit. We will be looking to...
Hello,Traders! NZD-CAD has retested a horizontal resistance level And we are already seeing a good pullback From the level and because I am bearish biased I think that we will see a further move down Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
H4 - Currently it looks like the price is moving inside a range. Price respected a key support zone and is bouncing higher. Bullish divergence. H1 - Bullish convergence. Currently it looks like a pullback is happening. Until the key support zone holds I expect the price to move higher further in the short term after pullbacks.
Yesterday, EURUSD broke below 1,0200 and it basically continues even lower. We're expecting another drop and a breakout of yesterday's low but before that it would be great if we get a pullback to 1,0250. We will then be able to look for short positions with targets at 1,0169. If we don't see such a pullback, it will be best to actually wait. We're not...
Candian Dollar/Swiss Franc formed a bearish channel in H4 timeframe and made this break out and pull back in the H4 timeframe This it's the Daily timeframe and we supported the zone of $0.7400 CHD like key support strong in Daily chart as bull continue climb the price. But now, in H1 we pass the pull back confirmed and I think that CAD/CHF will go bulish...
Notes: * Very strong up trend on all time frames * Great earnings * Pays out dividends * Forming a base for the past ~8 months * Testing the 50 day line as support for the past 4 sessions * Bouncing off the 50 day line with higher than average volume and printed a pocket pivot Technicals: Sector: Healthcare - Drug Manufacturers - General Relative Strength...
D1 - Price respected a strong resistance zone and is bouncing lower. Bearish divergence. Most recent uptrend line breakout. H4 - Bearish convergence. Currently it looks like a pullback is happening. Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
Yesterday, we saw a 200 pips drop on EURUSD. The last time EURUSD was trading around those levels was in 2002. However, this doesn't mean we shouldn't sell. After this impulse yesterday, we're most probably going to see a pullback and a continuation towards 1,0200! Entries only after a pullback. We're not looking for longs!
HDFCLIFE witnessed a breakout from a horizontal trendline and extended gains to a high of 581. Due to the sharp rise, there was a profit booking, and the price might retrace to the breakout levels , which would now act as a support zone (565-568). This retracement can be a good opportunity to long in the stock with a good risk reward.
Right now, we shouldn't be selling as there isn't a good ratio. First, we need to see a confirmation that the next drop begins and then to open a trade. In best case scenario, that would be, after price goes a little bit above the previous high and it then shows rejection. Entries could be made after an engulfing candle. We're not looking for buys but only to sell!
Welcome back! Here's an analysis of this pair! **AUDCAD - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in...
Today is a day off for the US market which means less volume. The downtrend on this pair continues and we will be looking for selling opportunities. On every pullback and rejection, entries could be made. It's still possible to see price pushing up to 1,0500. That will be a good moment to watch out for reversals and entries.
Reminder of key levels, daytrade outcomes: - Small pullback to 38.2 - Pullback with trendline break to 61.8 Risk-off scenario - Market goes sideways, trendline breakout fails - Attempt to go below MONTHLY 50 MA support
✅A broken key structure level Reinforces our bearish bias on AUD_USD And I believe the price is set to move lower To retest the target below SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
The downtrend on EURUSD continues and so are the selling opportunities. The pullback that formed yesterday allows us to enter short from 1,0500. If price manages to push a little higher and retest the zone, this will be the best scenario. Stops are still above 1,0615 and with that, we are expecting a breakout of previous lows!