EURCAD BUY BIAS
I'm anticipating buyer to step in after a rejection at the 1.48948 support level, as you can see price close above the support level it in the 4hr time frame, expecting buyers to push price to 1.50378
EURUSD SELL BIAS
sellers might actually step in at 1.09453 and drag the price to 1.08761 which is the support level of the trendline, if that level break we should be looking at 1.08322 level but the safe zone is 1.09591, if price violate the safe zone we should be looking for a buy set-up
GBPUSD SELL BIAS
i'm anticipating a rejection at 1.26197 to the downside on GBPUSD, seeing that the trendline is an important resistance level in that zone, sellers might take over the price from there and drag price down to 1.24554 level
EURCAD BUY BIAS
Price close above the 1.49015 level on friday which validate our bullish momentum, the buyers might step in at that level and push the price to 1.50418 level which is the resistance level
GBPJPY SELL BIAS
Their is a breakout to the downside and retest of the channel on the gbpjpy which means that sellers might actually drag the price down to 183.050 which is the support level, the 50 MA is above the price level in the 1hr tf
USDCHF SELL BIAS
looking at the chart their is a break to the downside of the trendline which has retest in the 1hr tf and the 200, 50 MA is above the price which support the downside movements, but their will be release of the cpi today so you have to take that into consideration... the first tp is 0.89584
and the second tp is 0.89035 the trade will be...
GBPUSD BUY BIAS
We saw the rally in USD last week after the fed speech on Thursdays when Powel said they are committed to bring inflation down to 2% target and they will not hesitate to hike rate if need be which drag GBPUSD lower, Later on Friday we saw as the investors were taking their profit for the week; my bias for this week is GBPUSD to the upside because...
USDCHF BUY BIAS
after fed speech yesterday that they may likely tightening the monetary policy if need be, we see more strength coming back to the USD and the USDCHF broke the resistance trendline to the upside, we anticipate more move to the upside from the recent level but we should be anticipating a retracement to retest the support...
EURUSD buy bias
On EURUSD buyers might actually step in at any of the fib price level in the weekly retracement after the selling buyers has been fulfilled, looking for a buy set-up a 1.06616 and setting my target to the high 1.09ee7
USDJPY SELL BIAS
Hi traders, my bias on USDJPY is to the downside, we saw a disappointing nfp result in the USD on Friday which makes usdjpy drop below the 150 level, if the price stay below the 150.00' we should look for a bearish set-up to 147.821 or 144.770
USDCAD SELL BIAS
Hello traders, my bias on USDCAD is to the downside but it is important we wait for a retracement to the upside to the supply level around 1.37594, if that happens then we should look for a bearish set-up around that area to 1.35761 support level
Expecting retracement in EURUSD back to 1.06616 level before the continuation to the upside, if the retracement happen and we see a rejection, traders should look for buy bias to 1.09305 where the opposite effect might actually comes in
The NFP disappointing result on Fridays push the pair up for more that 200 pips on Friday. Traders should be expecting a retracement at the market open on Monday to 1.22725 level before the continuation to the upside. which means any retracement you see is an opportunity to look for a bullish set-up to 1.24202 level, if the level break the next...
USDCHF Sell bias
the fed leave rate unchanged yesterday and this contribute to the weakness in the USD and chf been the safe haven currency are likely expected to gain strength during this uncertainty... technically we see the break to the downside of the trendline in the 4hr tf.... the target i'm looking at right now is 0.87655
CADJPY SELL bias
hi traders today i'm on sell bias on CADJPY, after seeing the formation of head and shoulder, i waited initial for the 4hr close to confirme the sell set-up coupled with the breakout of the trendline in the 15mins tf, the 50ma is above the price
USDJPY stay below 150 as hawkish BOJ in focus. The recent data showed a growing resurgence in japanese consumer confidence, which trader bet could push the BOJ into scaling back its ultra-loose policy. Analyst also see an end to the bank's negative interest rate in 2024
Any hawkish moves by the BOJ are expected to benefit the yen, which is one of the...
EURCAD buy bias
hi traders lets wait for the eurcad to retrace back to the downside and wait to pick our buy order, anticipating the range to break back to the downside and reject at the trendline level at 1.45132 which is likely going to be the third touches of the trendline. but if the retracement close below the trendline, it means the buy bias has been...