Trade Idea: Selling GBPUSD Reasoning: Filled the overnight gap, downtrend expected to continue. Entry Level: 1.1378 Take Profit Level: 1.1151 Stop Loss: 1.1425 Risk/Reward: 4.94:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in...
NSE:STLTECH is getting support and sustained above major level of 163.50. My analysis, allow me to take entry at 163.50 with stop loss of 158 (5.5 Points). Can hold till targets of 172.50 & 187.50. A good risk and reward option. Note: This is my personal analysis, only for learning. Thanks.
Trade Idea: Selling GBPAUD Reasoning: Double top on the 4H Chart Entry Level: 1.7660 Take Profit Level: 1.7240 Stop Loss: 1.7794 Risk/Reward: 3.09:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis ,...
HELLO GUYS THIS MY IDEA 💡ABOUT GPB is nice to see strong volume area.... Where is lot of contract accumulated.. I thing that the buyers from this area will be defend this LONG position.. and when the price come back to this area, strong buyers will be push up the market again.. UP TREND + Resistance from the past + Strong volume area is my mainly reason for...
I like swing trades and GBP/USD right now is in a perfect position to short ! +700 pips TP!
Sterling is looking weak as heck. Macro forces are telling britain it's time to print until the pound is worthless.
Looking to sell at 1.13695 from local resistance, second sell at 1.10900 broken support level at 0.618. Looking for a rejection at 1.07695.
OANDA:GBPUSD will dip back down to fill in some PA and Volume gaps. With an anchored VWAP from September 13 NY session open with a big dump starting a long downtrend, PA is ranging between the standard deviations of the long term VWAP. Above the current VWAP, it opened the week with a large gap up from last week's close, which it will go fill on its way back to...
Trade Idea: Buying GBPNZD Reasoning: Intraday pullback to support Entry Level: 1.9936 Take Profit Level: 2.0266 Stop Loss: 1.9849 Risk/Reward: 4.26:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis ,...
Considering the economic problems and the o purchase of BOE, as well as the increase in the interest rates of FED, we predict a lower level for this currency pair.
After that liquid raid to the top side and rejection, I think we will see a bearish order flow seeking rebalance below. We have a weekly RTO structure on the weekly chart resting below 0.81000 flat. I would like to see the week open with EG taking PDH early on and showing a willingness to sell off. This is backed by my fundamental vision of current economic...
Trade Idea: Selling GBPUSD Reasoning: Sterling weakening, lower prices expected. Entry Level: 1.1163 Take Profit Level: 1.0933 Stop Loss: 1.1245 Risk/Reward: 2.89:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The...
Hello traders. Today I am sharing my GBPUSD analysis. I am using the Elliot wave trading technique which I commonly teach Here we can see price is currently forming subwave 4 in wave 4. We are expecting subwave 4 to reject one of our fibonacci levels and not surpass our blue invalidation box below. Once we see bullish rejection we will be forming subwave 5...
CME_MINI:M6B1! U.K. financial markets went into a freefall last week as Prime Minister Liz Truss announced aggressive income tax cuts amid deep fiscal trouble. British pound is trading at $1.11 to USD, half of its value in 2007. However, it’s unfair to blame everything on a new PM and a new King. Both got their jobs just a month ago. Sterling’s downfall...
The DXY saw the retracement we have been discussing today, owing to a massive rally in the Sterling and Euro after the BoE bought UK bonds. This is likely to be temporary, as persistent hawkish Fed rhetoric is likely to keep interest rates high in the US, boosting the dollar further. We are currently seeing support in the 112.70's just a bit below where we...
- The GBPZAR is moving closer to parity versus the USDZAR
More hikes to follow, stable prices are much more important for medium- and long-term growth, looks like the decline in economic output will not be severe.
Shown is just a simple chart for the British Pound. For most of this charts life the #POUND has traded above the violet shaded S&R zone until the #BREXIT vote which led to the breaking of major support. As you can see after breaking below the brown shaded S&R zone it has reversed its role to now resistance from below. #GBPUSD has been forming the blue...