USDJPY M20 Idea- The USDJPY is poised for an initial target of 157.000, with favourable buying opportunities.by GOLDFXCC0
2024-06-16 - AUDNZD Bearish TrendAUDNZD chart is printing bearish trend on 4 hours, with no divergence and a bearish flag. EP: 1.07490 SL: 1.08006 TP1: 1.06660 TP2: 1.05990 Shortby abdulmoeedsiddiqui0
AUDNZD Analysis: Bullish Reversal AnticipatedFollowing a prolonged bearish trend, I have identified a promising bullish formation on the AUDNZD chart. Key technical indicators and chart patterns are suggesting a potential market reversal to bullish. This could be a great opportunity for traders to capitalize on the anticipated upward movement. Stay tuned for more detailed analysis and updates!Longby forexNetwork100
GBPJPY Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)Shortby ShahedZare0
NZDUSD Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)Shortby ShahedZare0
AUDUSD Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)Shortby ShahedZare0
USDCHF Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)Longby ShahedZare0
USDCHF TRADE SETUPWait for retest the keylevel or break of structure then take a trade for Sell otherwise skip this setupby JinnatAlamSumon0
NZD-USD Bullish Bias! Buy! Hello,Traders! NZD-USD is trading above The horizontal support of 0.6099 And the pair is going down To retest it from where I will be expecting A further bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals112
This week I'm gonna look for buy setups.Those who are passionate about trading know that this is a tough business. You have to understand that the predictions people make regarding the price movement directions are based on probabilities. There is no such thing as 100 percent direction in the market and that is because the market can turn against you or your direction any time it wants. The reason doesn't even matter, it could be the news of some geopolitical changes, oil cut production or war, or many other factors that could impact the financial market. If you have one or more good reasons that the price will follow a certain direction all you have to do is to take a small risk entry in your direction with a good risk-to-reward ratio and just wait and see how the market will perform. A trader could have 1 good reason or a few reasons why his bias is up or down. The reasons could be based on particular studies, past behavior, fundamentals, technical analysis, or certain observations. The important part for you to understand is that the market is in a continuously changing process this means that yesterday's prediction, today could be irrelevant. The market does not have to follow your analysis. You have to follow the market, observe its changes, and react accordingly to them! I hope some of you will find this helpful, good luck!by Leorado0
EURJPY - Correction over, Back to highs?OANDA:EURJPY Looks to have completed the correction and if we break above 170.00 again then upside targets are around 172.00. Looking for PBs to get long. Ideal scenario is if we get a move back to 169.00 but watching for a top in this run. Enjoy the day. Longby L_FUpdated 0
AUDUSD Multiple Rejections of Support In this analysis, I'm examining a consolidation pattern. Price is showing signs of rejection, and therefore has the potential for (temporary) long positions. AUDUSD has been consolidating within a rectangle pattern (on the 4-hour chart) for some time. Price has previously rejected support on multiple occasions, suggesting it may do so again. We have observed a long-wick candlestick rejecting the key level of support and a breakout of the downtrend line. I will be closely monitoring price for a trend change confirmation, specifically looking for higher highs and higher lows. --- At Forexity: my trading ideas are market predictions and therefore should be viewed as such. As an intraday trader (scalper), I use my observations to identify potential trade opportunities on the higher time frames. I then aim to pinpoint key entry points on the lower time frames. Entries should always be verified by additional confirmations. --- #scalping #intraday #daytrading --- ➡️ Telegram: t.me ➡️ Linktree: linktr.eeLongby Forexity1
Short EURUSD at 5 pips targe daily with limit order entry- monthEURUSD had peaked at around 1.2350 in Jan 2021 to drop to a low of 0.8535 in Sep 2022. In 21 months, it had dropped 30.9% or an average of 1.47% per month or 0.0182 or 182 pips a month or 9.1 pips per day assuming 20 tradings day a month. So after it had moved 9 pips, I should consider it over extended. Never thought of that. This also mean that the entry price should be with limit order for sanity of mind and willingness to let it go. Esp if the price runs off and it's not filled. This decline could be due to the Ukraine War. The move down was consistent and could have been overextended. The recovery to the new high of 1.1275 in July 2023. In 11 months, the recovery was for 2740 pips or 32%. On average, this is 2.92% or 249.1 pips a month, faster than the 1.47% monthly dip earlier. Assuming 20 calendar days, this is 0.15% or 12.5 pips a day. So my expectations is daily movement of 9 to 12 pips. Then again, that was when eurusd was trending. It is now peaked and ranging so 9 to 12 pips would be generous. Perhaps, it would be more useful to target half of it like 4 to 6 pips a day with EURUSD. Limit order will be useful in this scenario and not to chase breakouts. My bias will be to short EURUSD. Shortby kailevel110
Long position Bearishmarket is currently exhibiting a bearish trend, with downside momentum expected to continue as long as the resistance level at 1.2739 holds firm. Traders should monitor this level closely, as any failure to breach it will likely result in further downward movement.Shortby hamid_mehrpour0
NZD/USD Daily AnalysisPrice has recently tested 0.6210 and has so far been rejected. This was daily resistance in February and March which was followed by a 360 pip drop down to the 0.5900 zone. A close above 0.6210 could lead to a retest and bullish run up to 0.6370 with longer term shorts looking viable after a break back below 0.6082.by FusionMarkets0
Trade Setup for NZD/USD - Bullish TrendThe NZD/USD is currently in a bullish trend, consistently forming higher highs (HH) and higher lows (HL). The pair is expected to maintain this upward momentum. Trade Setup: Entry: Current Market Price (CMP) Stop-Loss (SL): 0.60823 Take Profit (TP): 0.62244 Important Note: The price range between 0.62000 and 0.62200 is a significant resistance area. If this resistance is breached, the bullish momentum is likely to strengthen. However, if you observe signs of a bearish reversal, consider a short position with a stop-loss at 0.62300.Longby Choughle0
USDNOK-SELL Strategy 4-hourly chartThe pair has srong resistance @ 18.7250 area, and I feel we may see a sharp move towards 10.3500 area in coming days/week. Strategy SELL current levels @ 1-6350-10.6700 and take profit first @ 10.4850 for now SL above 10.7750.Shortby peterbokma0
EURAUD ShortsMarket Structure Bearish On HTF DH Entry at Daily AOi Weekly rejection at AOi Strong Weekly Bearish close Daily Rejection at AOi Around Psychological Level 1.62500 H4 Touching EMA Candlestick rejection from AOi Levels 4.42 Entry 70% Trade will be invalid if H4 turns bullish REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique : Rinse, Wash, Repeat! : Stay Hydrated #Follow#Share#Comment#BoostShortby mobbie_zw1
GBPUSD SHORTSPrice broke daily structure making majority of my timeframes bearish, Strong buyer's rejection( we can see from the Weekly Candle close Market structure DH Weekly and Daily at the same AOi Weekly Rejection at AOi Daily Rejection at AOi Strong Daily Bearish push Previous Daily Structure Point Around Psychological Level 1.27000 H4 Candlestick rejection Levels 5.1 Entry 75% REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique : Rinse, Wash, Repeat! : Stay Hydrated #Follow#Share#Comment#BoostShortby mobbie_zw0
EUR/GBP BUYERS WILL DOMINATE THE MARKET|LONG Hello,Friends! We are now examining the EUR/GBP pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 0.849 level. ✅LIKE AND COMMENT MY IDEAS✅Longby EliteTradingSignalsUpdated 111
AUDCAD 15 MINAs you can see I'll be short term bearish on AUDCAD, We need price to seek and take out the buystops above then a MSS, on the weekly timeframe, we have to create a high of the week, Intermediate Institutional Bias, Opening gap/Range....Shortby NPLFX0
expect a bearish trendWe have a double top on H4 & the market broke the neckline of double top and came back for our order block zone.Shortby Bonga010
PREMIUM We’re looking at a Bearish trend all through the coming week since price is at a monthly premium zone with no indication of it going past that point we’re looking for a reversal to push price lowerShortby Andy_Col30