The Aussie (AUD/USD) is falling towards a potential breakout level and could drop lower from here. Sell entry is at 0.65118 which is a potential breakout level. Stop loss is at 0.65580 which is a level that aligns with the 61.8% Fibonacci retracement level and sits above a pullback resistance. Take profit is at 0.64634 which is a pullback support that aligns...
The Kiwi (NZD/USD) is experiencing a strong bearish momentum and could potentially drop lower. Sell entry is at 0.60957. Stop loss is at 0.61730 which is a level that sits above the 38.2% Fibonacci retracement level and a pullback resistance. Take profit is at 0.60382 which is a pullback support that aligns close to the 61.8% Fibonacci retracement level. High...
IN this video we can see that gbpusd made a big bearish leg to the downside confirming that sellers are now in control of the market and we could see a potential retest of the 1.126250 area
In this video we predict that eurjpy could see more upside move following an aggressive bullish closure above resistance.
USDCAD big push today looking to see if the previous resistance becomes support. Looking for another re-test of that zone and a conformation before taking any long positions. Let me know what your thoughts are on this set up.
USDJPY had a big push today, looking an exhaustion to around the 50% to 61.8% levels to carry us up to the previous highs in November. If this move does not re-trace all the way back or gives no conformation no trade will be entered. This not advise trade at your own risk let me know what you think of this set up.
#GBPUSD 4h will come to 1.220 or 1.224 and then returns to 1.264
Trading the aftermath of high impact news is a rarely skill as especially if you have to do a reversal trade it can burn you once or twice before you catch it or it just continues to sell. So you need a lot of tools to time it and most importantly manage your risk exposure well.
Hello Traders! The yen crosses are still pushing higher. We can even see the market code for XXX/USD DOWN and USD/XXX UP
Welcome back! Let me know your thoughts in the comments! ** GBPCHF Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Hey Traders, Here's a rundown on the Euro Pre ECB News and Conference Later. It's so important to be inline with markets before potentially volatile news events. So this is my long term outlook with economic fundamentals included, as well as technical aspects.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
This morning's USD NEWS was the perfect catalyst for the the uptrend that we've been waiting for on the DXY for over a week. Just in case you were wondering AGAIN, the answer is YES. We are officially in risk-free positions on 🤑 I'M STILL HOLDING OUR POSITIONS: 📉 EURUSD — Downtrend Confirmed 🚫 +SL @ 1.0750 (aggressive) 📉 GBPUSD — Downtrend Confirmed 🚫 +SL...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Check out my analysis on the main FX pair. Waiting for your comments and maybe funda analysis.
GBPUSD demonstrates increasing bearish pressure across monthly, weekly and daily timeframes. The breakdown of market structure on each timeframe supports a bearish bias, which we explore in the accompanying video. While a recent retracement hints at a potential short entry, upcoming high-impact data releases for both GBP and USD warrant caution. Strategic...
NZDCAD pair could bounce off the buy entry and rise to take profit level Buy entry is at 0.81982 which is a pullback support that aligns with the 61.8% Fibonacci retracement. Stop loss is at 0.81587 which is a level that sits above the swing-low support. Take profit is at 0.82763 which is a multi-swing-high resistance level. High Risk Investment...
The EURJPY could continue with the bullish momentum and rise to take profit level. Buy entry is at 161.721 which is a swing-high resistance. Stop loss is at 160.249 which is a level that sits above the pullback support. Take profit is at 163.649 which is a swing-high resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of...