AUDUSD Trading idea comment: The previous AUDUSD trading idea provided on the 12th of November 2020 was expired after the breakout of the final SL resistance level of 0.736000. The direction changed from bearish to bullish after the breakout. Market during the first half of January in 2021 was very quiet and did not fluctuate much for most pairs. However, I...
US Dollar index What happened to US Dollar index? Since ever US dollar index has broke the support level of the triangle in November 2020. The US dollar index has gone in a bearish trend. Until today on the 12th of January 2021, I was able to return to review the US dollar index chart, and realised there is some potential signal appearing on the MT4 monthly...
GBPAUD Entry Support level idea: 1.743000 Support TP Resistance level idea: Target 1: 1.77000 Ideal Target 2: 1.868500 (This will update over time if any change.) Final SL for all Long positions: 1.739000 Support Level GBPAUD Trading idea comment: Over a long period of time for GBPAUD, it has been going in a bearish trend since April 2020. Finally, it...
GBPNZD Entry Support Recommendation: 1.89250 TP Exit Resistance Recommendation: Resistance level Target 1: 1.92000 Resistance level Target 2: 1.95100 Final SL for all Long positions: 1.88000 ------- (Note: The forecast above is an estimation of the resistance/ support level for the Entry, TP, and SL. For more precise positions will depend on the shape...