This pair has been on the relentless bull mode for the past few months.
It has come to a halt at the 75.00/75.30 supply zone.
I expect this pair to take a breather and return to the healthy uptrend line.
We should see the 72.40 level taken out soon enough.
Entry is valid as long as price is below 75.00
We had a strong sell down the last couple of days and price is now slightly below the middle band of the upward channel.
The price has not touched the top of the trendline yet. I expect this green area (0.8990/0.9080) to act as a demand zone to push the price higher.
We should see price clear 0.9260 in the coming weeks and 0.9500 shall be the next...
We had a strong upward swing today which took out all the traders who were shorting the bearish continuation of the longer-term downtrend.
Now that this is complete, I expect 129.00 will be next, using the newly created uptrend.
Entry is valid as long as price is above 125.00
Price has broken a key support level (1.7725) a couple of weeks ago with a retracement shown the last week.
Price action this week is showing a possible break towards the downside.
Retail traders are still net long, which indicates further bearishness in play.
Entry is valid as long as price is below 1.7725
Price has did a stop hunt of the uptrend line the previous week, with a bullish price action seen yesterday.
As long as the uptrend line is not broken, we will see the price reach 1.7155.
Entry is valid as long as price is above 1.6930
This pair is creeping further into the long term uptrend line.
As long as this level is not broken, we can see the price revisit the 1.65 level. Build your long positions slowly, it will take awhile for the price to show signs of bullishness.
It will take some time, but the bulls shall ultimately win.
Entry is valid as long as price is above...
Price has cleared the bottom of the downward sloping channel for a liquidity hunt before breaking upwards back into the channel.
We have a historical demand zone seen at 0.8830/0.8900.
If price gets supported at this level, we will see a retracement towards 0.9080
Entry is valid as long as price is above 0.8830
We have a newfound demand zone between 1844/1827, with a stop hunt today and price looking to close above the demand zone.
Should this bullish attempt succeed, we can revisit 1900 soon enough.
Entry is valid as long as price is above 1827
Early to short, late to long scenario. Bearish pinbar spotted at the top of the supply zone. Possible pullback to the trendline before the next bullish move higher.
This short setup has a low probability but a high RRR. It may be better to wait at the sidelines for a long position setup. Trade at your own risk.
Entry is valid as long as price is...
This pair is edging lower towards the demand zone marked in the green area (0.8880/0.8830).
There was a bounce from the top of the demand zone on the lower time frame (H4), my guess is that this is from a retail buy-in.
I expect the price to dive lower first, hunting the long orders and attracting short positions before the price pushes upwards towards...
Retail short positions are growing and they are late to the party.
Price will break upwards soon, and 1.2920/1.30 will be next.
Entry is valid as long as price is above 1.2695
We were in this trade since 4 January but price has met a roadblock near the 0.70 level. We may see some retracement along the way but the overall trend is still up.
You can buy in when price retraces lower.
Entry is valid as long as price is above 0.6890
This pair will likely drift lower after failing to clear the 1.0850 level for the past few weeks.
Expect a correction to 1.0745, which gives us a good 1:2 RRR setup.
Entry is valid as long as price is below 1.0830
We are seeing a more bullish Euro as compared to the Canadian Dollar if we do some cross referencing on the EURUSD / USDCAD institutional positions. Price is approaching the trend support line and we may or may not see a stop hunt in play before the price pushes higher.
As long as price does not close below 1.5475 on the daily candle, we can expect 1.58 and 1.59...
Price failed to break above the 117.55 levels despite multiple attempts over the past few days.
We are seeing a bearish structure form on the lower timeframe.
Expect this pair to drift lower to the next support level before the next move.
Entry is valid as long as price is below 117.55
We are seeing a prevailing downtrend breakout with a formation of a shorter term uptrend.
Using 1900 as support, we can see the price of gold revisit 1950 and possibly 2000.
Entry is valid as long as price is above 1900
Price is still in a downtrend but it has hit some form of support zone.
We can possibly see a retracement upwards before the continuation of a downtrend.
Going long is not recommended but it may be worth the risk.
Entry is valid as long as price is above 0.8700
Simple breakout and retest with a bullish momentum should take this pair to the 129.00 levels as long as 125.75 is not broken
Entry is valid as long as price is above 125.75