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forexTrdr NZDUSD - TWEEZER BOTTOM BOUNCE FOR KIWIMorning traders Another start to the week. Monday 17th of June lets go. Following a very successful short on Gold on Friday from 1354 down to current market at 1333 for our team we are looking for our next winning trade. Today we are taking a look at a bullish setup on New Zealand dollar versus US dollar following the formation of a Tweezer Bottom candle pattern on the daily chart. What this points to is a reversal of the bearish trend that we had last week. This lines up with RSI being in extreme oversold levels last seen at the end of April and resulted in an 80 pip move higher for the pair. We are therefore looking for the pair to follow a similar pattern back towards resistance around 0.66 as per our trading view chart where we have highlighted all of the areas of interest. Good luck trading from the Team at forexTrdr find us on instagram, twitter and Alexa flash briefings
Long
by forexTrdr
forexTrdr USDCHF - RE SHORT ON RISK OFF AGAINMorning traders, Similar to our Euro versus Japanese Yen trade we are looking to get short US dollar against Swiss Franc on expectation of a risk off tone into next week from a combination of price action on equity indexes as well as what we have highlighted here on our trading view chart work. A combination of price action and trendlines is coming together to point towards a turn lower on USD versus Swiss Franc. Another clean and simple trade Good luck trading from the Team at forexTrdr find us on instagram, twitter and Alexa flash briefings
Short
by forexTrdr
forexTrdr BTCUSD - THE BITCOIN BEARISH ENGULFING Morning traders For those of you trading crypto its worth noting that Bitcoin versus US dollar has formed a bearish engulfing on the daily and is forming consecutive lower highs on lower volumes pointing to a break lower. Its no surprise to see that it is in over bought levels on both RSI and stochastic but coupled with collapsing volumes at these resistance levels and now the formation of a bearish engulfing candle pattern on the daily its setting the market back up to retest 6500/6600 support area. As always we try to keep our analysis clean and easy for anyone to be able to follow but should you want to learn more then please do get in touch. Follow us on tradingview under forexTrdr to get our sample ideas free and immediately - its free to setup a profile and the charting tools and software is easier to use than Metatrader and most broker platforms. Good luck trading from the Team at forexTrdr find us on instagram, twitter and Alexa flash briefings
BITSTAMP:BTCUSDShort
by forexTrdr
forexTrdr EURNZD - RUNNING OUT OF STEAM AT RESISTANCEMorning traders, Looking at Euro versus New Zealand dollar which is flagging up as extremely overbought on daily stochastics and RSI after moving another 50 pips higher overnight. On our trading view chart we have drilled down to 4 hourly candles to highlight the pair is hitting resistance levels dating back to January which had already been tested at the start of May. Volume is also showing signs of trend exhaustion with falling volumes over the last few days. Coupled with the technicals highlighted we are looking for this pair to head lower over the next couple of trading sessions towards low 1.70 area. We have a long on EURUSD where it is trading at fibonacci support levels and hence to balance out our positions we wanted to find a short EUR and this pair provides the perfect mix of technicals for a great short trade. As always we try to keep our analysis clean and easy for anyone to be able to follow but should you want to learn more then please do get in touch. Follow us on tradingview under forexTrdr to get our sample ideas free and immediately - its free to setup a profile and the charting tools and software is easier to use than Metatrader and most broker platforms. Good luck trading from the Team at forexTrdr find us on instagram, twitter and Alexa flash briefings
Short
by forexTrdr
forexTrdr AUDJPY: SHORT TERM TRADE ON AUDMorning traders Placing a short term buy trade on Aussie Dollar versus Japanese Yen on the pair trading down to support levels on declining volumes- suggesting the selling is running out of steam which at the same time is lining up with the pair trading into oversold territory levels. Additionally stochastic is showing, from extreme levels, that the market is starting to turn higher. Bollinger bands are also pointing to the market reaching levels which should indicate a turn higher as well as the market trading significantly below Ichmoku clouds- all pointing to a short term move higher. On the news front we have Australian inflation data tomorrow in the early hours so we are looking for a short term squaring up on positions into the data print. Good luck trading from the Team at forexTrdr find us on instagram, twitter and Alexa flash briefings
Long
by forexTrdr
1
forexTrdr sell Gold: HEAD SHOULDERS KNEES WATCH YOUR TOESGood morning traders Last week we went long gold at 1295 targeting the formation of a head and shoulder pattern around 1301. Four days later and we see that right hand shoulder pattern forming and therefore look to short gold at market level. If you look at our chart work on the uk trading view website you can see four failed attempts on 4 hourly charts to breach 1304.8 area before pulling back. We are looking for the market to once again pull back from this area and head lower to the upward tilting neckline of the head and shoulder pattern. An area around 1296 is where we will look to exit the trade. In addition to the pattern formation and failure to reach last weeks right shoulder high of 1306.4 we have seen the formation of a bearish engulfing candle on the hourly timeframe.
FX:XAUUSDShort
by forexTrdr
ForexNickx | Institutional Buy ZoneXAUUSD is currently respecting a key institutional footprint. After sweeping liquidity at the recent lows, price has shifted market structure, confirming that smart money is stepping in. ⚠️ Important Note: This setup is based on my proprietary algo-strategy, which gives precise entries before the crowd sees them. I have already shared the exact entry price and stop-loss with my private members. Why this setup matters: We are seeing a clear rejection of the lower trendline, which aligns perfectly with the institutional demand zone. The consolidation we are witnessing now is likely re-accumulation before the next impulsive move upward. Technical Confluence: 🐂 Structure: Break of Structure (BOS) to the upside is imminent. 🌊 Liquidity: Sell-side liquidity has been swept; buyers are in control. 🧱 Demand: Price is holding firmly above the psychological support level. 📈 Trade Plan: As long as price holds above the trendline support, the bias remains heavily bullish. We are looking for a breakout above the immediate consolidation range. Targets: 🎯 Target 1: 4,230 🎯 Target 2: 4,275 Traders, are you riding with the institutions? Let me know in the comments! 👇
FOREXCOM:XAUUSDLong
by ForexNickX
Forex Signal Alert: GBPHKD - BUYDear Traders, We have identified a promising trading opportunity in the GBPHKD currency pair. Based on our analysis using the EASY Quantum Ai strategy, the following trade signal has been generated: Direction: Buy Enter Price: 10.2379 Take Profit: 10.2651 Stop Loss: 10.1861 Rationale Behind the Signal: 1. Technical Indicators: The GBPHKD has shown a strong upward trend supported by key technical indicators such as Moving Averages and RSI, confirming a Buy signal. 2. Market Sentiment: According to the sentiment analysis, the majority of market participants are bullish on the GBPHKD, further supporting our buy recommendation. 3. Economic Factors: Recent economic data from the UK suggests a stronger than expected performance, positively influencing the GBP. Additionally, stable economic conditions in Hong Kong provide a favorable trading environment for this pair. Our strategy, EASY Quantum Ai, has analyzed historical data and current market trends to provide this forecast. We believe this trade setup offers a favorable risk-reward ratio. Happy Trading! Forex Analysis Team
Long
by ForexRobotEasy
Forex Trading Signal: USD/CHFDirection: Sell Enter Price: 0.84684 Take Profit: 0.84500667 Stop Loss: 0.84924667 We recommend initiating a sell position for USD/CHF based on the following analysis using the EASY Quantum Ai strategy. 1. Technical Indicators : - The Relative Strength Index (RSI) has been in the overbought territory, indicating a potential trend reversal. - Moving Averages (MA) show a bearish crossover, suggesting a downward momentum. 2. Economic Indicators : - Recent economic data from the United States has shown signs of slowing growth, which could put downward pressure on the USD. - Switzerland's economic outlook remains stable, with the Swiss Franc (CHF) often considered a safe-haven currency in times of uncertainty. 3. Market Sentiment : - There is increased risk aversion in the global markets, benefiting the CHF and pressuring the USD. By entering at 0.84684 with a take profit at 0.84500667, traders can aim for a profitable exit while a stop loss at 0.84924667 will help manage risk. Remember, trading in the forex market involves substantial risk, and it's important to manage your investments wisely. Happy trading!
Short
by ForexRobotEasy
Forex Signal Alert: EURZAR MovementDear Traders, We have identified a potential buying opportunity for the currency pair EURZAR. Based on our analysis using the EASY Quantum Ai strategy, here are the details of the signal: Direction: Buy Enter Price: 19.94595 Take Profit: 20.04147333 Stop Loss: 19.81461333 Justification: 1. Technical Analysis: The EURZAR is showing bullish momentum with a series of higher highs and higher lows on the H4 chart. The 50-day moving average is positioned above the 200-day moving average, indicating a bullish trend continuation. 2. Fundamental Factors: Recent macroeconomic data from the Eurozone has been positive, with rising consumer confidence and better-than-expected GDP growth figures. At the same time, South Africa is experiencing political uncertainties and lower growth forecasts, which may weaken the ZAR against the EUR. 3. Market Sentiment: Risk appetite seems to be returning to the market, as indicated by increased trading volumes and reduced volatility in safe-haven assets. This shift often results in strengthening of major currencies like EUR over emerging market currencies such as ZAR. Please be informed that trading in the forex market involves risk. Always ensure you have adequate risk management strategies in place. Happy Trading! Best regards, Your Trading Team
Long
by ForexRobotEasy
Forex Trading Signal for CADSGDDear Traders, We have identified a potential short trade opportunity for the forex pair CADSGD. Below are the details of the trade signal: Direction: Sell Enter Price: 0.97968 Take Profit: 0.97797667 Stop Loss: 0.98130667 This forecast has been generated using the EASY Quantum Ai strategy, which leverages advanced algorithms and historical data analysis to provide high-probability trade setups. Our analysis identifies several key factors that suggest a decreasing trend in the CADSGD pair: 1. Technical Indicators: Recent price action shows bearish patterns, confirmed by pivotal resistance levels at 0.9810. Momentum indicators such as the RSI and MACD are indicating a bearish divergence, suggesting a downtrend. 2. Fundamental Analysis: The economic data from Canada shows a potential slowdown in certain sectors, while Singapore’s economy displays relative stability. This divergence in economic performance is likely to put downward pressure on CADSGD. 3. Market Sentiment: The overall market sentiment appears to favor the Singapore dollar over the Canadian dollar due to prevailing geopolitical factors and trade uncertainties. Please ensure to place the trade according to the specified parameters and always manage your risks appropriately. Trade wisely and let's aim for profitable trades! Best regards, Your Trading Team
Short
by ForexRobotEasy
Forex Signal Alert: EURTRY - Sell OpportunityDear Traders, We have identified a promising trading signal for the EURTRY currency pair based on the EASY Quantum Ai strategy. Here are the specific details for this trade: Direction: Sell Enter Price: 36.12 Take Profit: 36.02238333 Stop Loss: 36.29462333 Analysis and Justification: - Technical Indicators: Our proprietary EASY Quantum Ai strategy has signaled a bearish momentum for EURTRY. This conclusion is based on recent price action patterns, volume analysis, and trend indicators. Specifically, we notice a significant resistance around the 36.12 level, making it a strategic entry for a sell position. - Economic Factors: There are ongoing economic uncertainties in the Eurozone compared to the relatively stable outlook in Turkey, creating downward pressure on the EURTRY pair. - Market Sentiment: Current sentiment analysis indicates a bearish outlook for EURTRY among institutional traders, adding to our confidence in this sell signal. Trade Plan: Enter the market by selling EURTRY at 36.12. Set your Take Profit at 36.02238333 to secure potential gains and your Stop Loss at 36.29462333 to limit downside risk. Disclaimer: Trading forex carries a high level of risk and may not be suitable for all investors. Always conduct your own research before making any trading decisions. Stay vigilant and happy trading! Best Regards, Your EASY Quantum Ai Team
Short
by ForexRobotEasy
Forex Trading Signal for EUR/GBP PairDirection: Sell Enter Price: 0.84858 Take Profit: 0.8479 Stop Loss: 0.84939 We recommend a sell position for the EUR/GBP pair with an entry price at 0.84858. The target is to reach a take profit level at 0.8479, while the stop loss should be set at 0.84939. Justification for the Signal: This forecast is generated using the EASY Quantum Ai strategy, which is grounded in a robust analysis of several market factors: 1. Technical Indicators: Our strategy utilizes a combination of moving averages, RSI, and MACD to identify ideal entry and exit points. The current analysis shows bearish signals from these indicators, suggesting a downward trend. 2. Market Trends: Recent market data exhibits a pattern of lower highs and lower lows in the EUR/GBP pair, which is consistent with a declining trend. 3. Economic Data: Ongoing economic developments in the Eurozone have shown weaker-than-expected performance, which negatively impacts the euro. Conversely, the GBP has displayed relative strength due to better economic indicators in the UK. 4. Sentiment Analysis: Market sentiment analysis indicates a bearish outlook on the EUR/GBP pair due to geopolitical uncertainties and investor sentiment favoring the GBP over the EUR. By following the EASY Quantum Ai strategy, this signal aims to optimize potential gains while mitigating risks. Always ensure to monitor the market conditions, as forex trading involves significant risk. Trade safely! Disclaimer: This signal is provided for educational purposes only and is not a recommendation to buy or sell any financial instrument. Past performance is not indicative of future results.
Short
by ForexRobotEasy
Forex Trading Signal: AUDCAD MovementAttention Forex Traders, We have observed key indicators and applied our EASY Quantum Ai strategy to generate a trading signal for the AUDCAD currency pair. Here are the specifics of the current trade setup: Direction: Sell Enter Price: 0.91435 Take Profit: 0.91236667 Stop Loss: 0.91605667 The current market conditions and analysis suggest a short-selling opportunity for AUDCAD. Here’s the rationale behind our forecast: 1. Technical Indicators: Our proprietary EASY Quantum Ai algorithm has identified a bearish trend forming. Key technical signals such as moving averages and the Relative Strength Index (RSI) indicate downward pressure. 2. Economic Data: Recent economic releases from Australia indicate weaker-than-expected economic growth, while Canadian economic data has shown relative stability. This disparity supports a bearish outlook for AUDCAD. 3. Market Sentiment: Market sentiment analysis shows a growing inclination towards risk aversion, leading investors to prefer the Canadian Dollar over the Australian Dollar. For these reasons, we recommend entering a Sell position at 0.91435, targeting a Take Profit at 0.91236667. To manage risk, we advise setting a Stop Loss at 0.91605667. Stay informed and trade wisely. Happy Trading!
Short
by ForexRobotEasy
1
Forex Trading, AudChf AnalysisForex Trade AudChf Analysis Number 6 4 October 2020 .............................................................................................................................................. We will monitor price action at the marked zone, waiting for the structure to shift from bullish to bearish. Then we will look for a short entry with proper Risk management with a good risk to reward. ............................................................................................... Note : Forex trading is very RISKY, you will lose all your money if not careful with your risk management. USE PROPER RISK MANAGEMENT. : Use your own strategy and to reconfirm setups before taking any trades.
Short
by lovelove
2
Forex Trading, UsdJpy AnalysisForex Trade UsdJpy Analysis Number 5 4 October 2020 .............................................................................................................................................. High probability trade, we will be monitoring price action at the marked zone for forex trade possible sells. Only enter after requirements are met according to your strategy, with proper risk management with a good risk to reward. ............................................................................................... Note : Forex trading is very RISKY, you will lose all your money if not careful with your risk management. USE PROPER RISK MANAGEMENT. : Use your own strategy and to reconfirm setups before taking any trades.
Short
by lovelove
2
Forex Trading, AudCad ResultForex Trade Result Audcad 4 October 2020 ..................... The pair went further down hit my sl before making its way up.. Made an early entry and paid the price. Lesson never make and early entry . ................................................................................. Note : Forex trading is very RISKY, you will lose all your money if not careful with your risk management. USE PROPER RISK MANAGEMENT. : Use your own strategy and to reconfirm setups before taking any trades.
Long
by lovelove
Forex Trading, Eurcad ResultForex Trade Result Update 4 October 2020 .............................................................................................................................................. The pair manage to hit tp1 but couldn't hit tp 2 which was just few pips away... ............................................................................................... Note : Forex trading is very RISKY, you will lose all your money if not careful with your risk management. USE PROPER RISK MANAGEMENT. : Use your own strategy and to reconfirm setups before taking any trades.
Long
by lovelove
Forex Trading Analysis using the Smart Money Concept ForexForex Trading Analysis using the Smart Money Concept in Forex, after price action moves, there must surely be a reaction. Looking at the forex chart, saw that there was liquidity in the upper part of the NZD/CAD. There were both trendline and retail traders liquidity which was raided and price breaking market structure to the downside. Price gets to our points of interest, we don't enter blindly, we wait for our smaller timeframe entry confirmation to ensure the table is ready to dish the food. Only then will forex profits be guaranteed. Price might be willing to go down, but there is a fair value gap that is above price that might be respected if the current order block is not respected.
by fxtdforex