Hello Traders it been a while since we didn't share any analysis here we are back at the Game let dive In on the $GU 4H Timeframe Analysis. We See a clear rejection of the price 1.2500 we can count it as a support Area and now the price start ranging it accumalte liquidity to either Goes Upside or downside but the Next Move will be massive, We have To Possible...
UK100 - 24h expiry There is no clear indication that the upward move is coming to an end. The trend of higher lows is located at 7400. Risk/Reward would be poor to call a buy from current levels. A move through 7575 will confirm the bullish momentum. The measured move target is 7620. We look to Buy at 7545 (stop at 7505) Our profit targets will be 7645...
NZDJPY - 24h expiry Indecisive price action has resulted in sideways congestion on the intraday chart. Further upside is expected. RSI (relative strength indicator) is flat and reading close to 50 (mid-point) highlighting the fact that we are non- trending. Risk/Reward would be poor to call a buy from current levels. A move through 89.50 will confirm the...
USDCAD is in a big downtrend. Some resistance has already been shown in the big zone. USDCAD will most likely see a rejection around this level and could be making news lows soon after. I will be looking for short positions today and tomorrow. Let me know what you think!
EURCHF - 24h expiry There is no clear indication that the downward move is coming to an end. Bespoke resistance is located at 0.9475. 50 4hour EMA is at 0.9480. We look for a temporary move higher. The lack of interest is a concern for bulls. We look to Sell at 0.9475 (stop at 0.9499) Our profit targets will be 0.9415 and 0.9405 Resistance: 0.9450 /...
CADCHF resistance zone! Looking for short position here and for price to drop to the next support zone!
Just a simple trade idea to diversify with a small long lot amongst other pairs. Worst case... it drops to the ascending support and then just add another small long lot. Best to trade this idea with other pairs and close out all positions as a basket. Trade Safe
Big support zone coming on AUDNZD. Will be looking for long positions when I see price reversing. Be patient! Price often goes trough this zone but after still sees a reversal. Let me know what you think! Manage your risk!
EURCHF - 24h expiry Buying posted close to the previous low of 0.9417. Bullish divergence is expected to support prices. Early pessimism is likely to lead to losses although extended attempts lower are expected to fail. We look for a temporary move higher. We look to buy dips. We look to Buy at 0.9420 (stop at 0.9396) Our profit targets will be 0.9480...
XAUUSD - 24h expiry Price action resulted in a new all-time high at 2145. Selling pressure from 2145 resulted in all the initial daily gains being overturned. Posted a Bearish Outside candle on the Daily chart. Bespoke support is located at 2016. Previous resistance, now becomes support at 2010. There is scope for mild upward pressure at the open but we look...
GBPNZD - 24h expiry Price action has continued to trend strongly lower and has stalled at the previous support near 2.0430. Price action looks to be forming a bottom. Momentum is flat, highlighting the lack of clear direction. Risk/Reward would be poor to call a buy from current levels. A move through 2.0500 will confirm the bullish momentum. We look to Buy...
Hi Traders! GBPUSD looks bearish. There is a double top forming on the chart, and there are opportunities for short entires. Here are the details: The market is holding below the swing high resistance at 1.27466. Preferred Direction: Sell Entry Level: 1.27069 Stop Level: 1.28375 Profit Level: 1.24325 Technical Indicators: 20 EMA Please make sure to click...
UK100GB - 24h expiry A lower correction is expected. There is no clear indication that the upward move is coming to an end. Risk/Reward would be poor to call a buy from current levels. A move through 7525 will confirm the bullish momentum. The measured move target is 7575. We look to Buy at 7500 (stop at 7460) Our profit targets will be 7600 and 7620...
NAS100USD - Intraday An Evening Doji Star formation has been posted at the high. A Fibonacci confluence area is located at 16029. Bespoke support is located at 15315. Selling spikes offers good risk/reward. There is scope for mild buying at the open but gains should be limited. We look to Sell at 16029 (stop at 16129) Our profit targets will be 15779 and...
XAUUSD - Intraday Broke the sequence of 5 positive daily performances. Buying posted in Asia. Price action has continued to range within a triangle formation. The trend of lower highs is located at 2045. Bespoke support is located at 2007. Selling spikes offers good risk/reward. We look to Sell at 2046 (stop at 2055) Our profit targets will be 2021 and...
Tata consumer product looks good here. I have added 50% of trading allocation qty at 900 and 903. Will add more on retest.
NZDUSD - 24h expiry The correction lower is assessed as being complete. We expect a reversal in this move. Risk/Reward would be poor to call a buy from current levels. A move through 0.6175 will confirm the bullish momentum. The measured move target is 0.6225. We look to Buy at 0.6125 (stop at 0.6097) Our profit targets will be 0.6195 and 0.6215 Resistance:...
In this video, I the possibility for a continuation upwards on eurusd. I also talked about the things I will like to see the market do before I will be looking for entry positions for a long trade. I also talked about the possibility for the price to continue downwards since it's coming off a weekly 61.8 fib level. I talked about what I will expect the market to...