As I said last week ...EJ closed 1 week and 1 month below the trend line which makes me believe that W is over and now it should drop at least 200-250 pips until it makes the next major move! (see also analysis for 1 week) THIS WEEK...I will continue to look for SELL on EJ for at least 200-250 pips! However, a close even for 1 day over 130,200 forces me to think...
#CADJPY In February, the price made an important breakdown of the 82.17 I support line. This is the strong line of 2012. And after its breakout, the price showed good growth. However, the growth stopped at another no less strong line - the 2014 resistance. We don't think the price will have the strength to make another major breakout. Therefore, now I expect...
Hi Traders, This is my view on this cross for the next few days. #USDILS Waiting for a strong breakout of the structure and the retest of the structure itself to go long SL few pips below the lowest low and TP on Risk to Reward 1:3 I remind you that this is only a forecast based on what current data are. Therefore the following signal will be activated only if...
Quite strong support and resistance playing out on GBP/NZD. I will be taking it to the previous support and will be looking on from there. My take profit is 1.89265 and stop loss is 1.913122. Good luck!
Strong support and resistance playing out overall on GBP/AUD. I think we have just had a minor breakout and return back to the downside. Good luck!
As I said last week ...a closure even 1 day under 1756 will make me change strategy and look for SELL because traders are now reorienting towards the crypto market which seems much more exciting! THIS WEEK...the GOLD trend for 1 month is still BUY but as I said ... GOLD closed Fibonacci for 1 week and now the only valid chart remains the 1 month ... which shows...
As I said on January 24 ...closure even for 1 day over Fibonacci 786 will make me think seriously about BUY up to 145,000 and then even 148,000! THIS WEEK...GJ has reached the most important point in history and for this reason I am preparing for SELL! Even if this week it could go up 100-150 pips ... if it closes February below the downward trend line formed in...
USDCHF Forex Chart I THINK AT THIS POINT USDCHF MIGHT MAKE A BIG REVERSAL USDCHF am really liking the set up am seeing on this pair Last week, the price bounced off the lower border of the ascending channel and broke through the strong support line at 0.894 during the rise. This line has been around since summer 2020 and now gives the price a strong base for...
We set a sell limit at the price of $1.3970 support which according to our analysis we believe will not be exceeded. The price could go up to $1.4002 at the most, but from there it could go down. 📊GBPUSD BUY PRICE: 1.3970 TP: 1.3940 TP:1.3890 SL: 1.4010 R/R: 1/2 Signed by: FxProfitSignals Group
Most technical indicators show that the price is going to continue with an uptrend, we expect it to confirm the breakout of the flag formed in the last few weeks.
NZDUSD after oscillating for about a week by the resistance that established the price after several weeks of lateralization, in price we do not see any kind of stimulus that can cause a break of this resistance established at 0.7226. We take this opportunity to go short and gain a few pips. 📊NZDUSD SELL PRICE: 0.7226 TP1: 0.7200 TP2: 0.7150 SL: 0.7266 Signed...
EURJPY follows an uptrend, after different technical indicators, the price is going to take to the resistance at 127.25, from there we expect the price to retrace and change the trend. 📊EURJPY SELL PRICE: 127.25 TP1: 126.90 TP2: 126.42 SL: 127.75 Signed by: FxProfitSignals Group
Clear pullback of the price after overcoming the support that was established at 0.8924, after all last week above this price, it returns to 0.8924 and after different indicators we confirm the pullback. 📊USDCHF BUY PRICE: 0.8924 TP1: 0.8964 TP2: 0.9038 SL: 0.8874 Signed by: FxProfitSignals Group
Sel limit, in the NZDUSD, we expect the price to reach the resistance at 0.7235, where last week's highs have been established, a trade with a slight percentage of risk, since the price of the pound could break the resistance although the different indicators of both volume and strength do not show it. Signed by: FxProfitSignals Group 📊NZDUSD SELL LIMIT PRICE:...
As we told you last week ...it is an extremely difficult and risky week because the 1-month chart ended above last month's value and with a low rejection but closed below the very strong resistance formed in recent years! I will continue to search on massive SELL but a closure even for a day over 127,500 I will prepare for BUY!" THIS WEEK...even if an ascent...
📊USDCHF Attempted break of the resistance at 0.8978, we waited for a pullback and decided to go short. SELL PRICE: 0.8978 TP1: 0.8950 TP2: 0.8900 SL: 0.9038 Signed by: FxProfitSignals Group
Hi Traders, This is our view on this cross for the next few days. #NOKJPY BUY 12.250 SL 12.160 TP 12.470 #NOKJPY SELL 12.475 SL 12.555 TP 12.340 We remind you that this is only a forecast based on what current data are. Therefore the following signal will be activated only if the rules of our strategy are strictly respected. Eventually, any updates will be...