My first target will be the area around 1527 and the next target will be area 1490. Wait for a good entry, price could still go up again as we have no trade deal signed and the Iran conflict on the table.
Therefore we can sell to 1.60 area, wait for a proper entry on a lower TF
Recently price was rising strongly on EURAUD and I remain bullish on that pair. Either we go now up to 1.64 area or we could fall to 1.617 before we head back up to 1.63 area. Before you ask, yes, I am seeing that M (double top) on the hourly but i dont think that the rising is over yet.
USD gained strength and the last attack from Iran will help it to drag EU down to 1.11 area. From there, according to the trendlines, we should see a buy opportunity to at least 1.116 which will be my target. Wait for the fall and the price action before you open any buy.
The Dollar seems getting weaker and CHF getting stronger, as risk sentiments are currently on with all those political crisis. Therefore, wait for USDCHF confirmation for getting lower to 0.96 area.
Welcome 2020 traders, this is my first idea for the year! We will get a down movement intraday to the 1.117 line and there we should see upcoming strength to 1.13 area. Keep in mind, we have NFP this week. The buy to 1.13 should happen before NFP. I will make other ideas based on the price action every day.
We received at a strong resistance and now are seeing the first candles which show rejection. I opened a small position, if you want to be safe you can wait for a fake break (wait for a break of the resistance line and immediatly price fall down). My first target will be around 0.65
Good morning, we saw the first signs to buy AUDNZD again and now may be printing a W on the daily chart. I already opened a small buy position, for a safer entry wait for the price to test the 1.038 area. My first target will be around 1.05.
The price showed good rejections from the weekly trendline, now I am looking to buy this pair as Dollar seems to get stronger
Good morning, the last moves have been really nice on EURUSD. After the fall we had the rise which took us nearly to my last target, but it failed to reach it. We had a nice downfall on Friday and now the candle printed an inverted hammer. I am looking to short now.
Yesterdays move wasn't was i expected but now we had the rise which I thought in my other ideas. Before we can go to our upper targets, EURUSD should fall down from 1.115 to the 1.110 area to find new strength.
We had a range and then price fell down. Now look what we have again, price is ranging and i expect a fall, as we could see Dollar strength and Indices strength.
We have a trendline, we have a support and we have the FED which said, no planned interest rate cuts for 2020
According to recent COT Report the Banks have increased their shorts on the EUR. The price already wanted to drop today, but MM shifted it back up to keep longs in our mind. So - for FOMC i will sell this pair with a low position to my first target which is the trendline.
My last ideas about NZDJPY predicted that we need a fall here. When you look on the H4 chart in my last idea (which is linked) you will see, that we had several pushes down to a new "fake" line. This new "fake" line often gets installed my Market Makers to let us think that it is a strong support, so we don't know what the outcome will be - we have to...
There are several upcoming news affecting the Dollar and we will sit with EURUSD today on this level around 1.09 - 1.07 nobody can say now, where we will go to. A fall to 1.09956 looks promising for me, but my overall bias is bullish so the next target would be 1.11316 I will make an idea which leads into one direction several hours before the interest rate...
The small daily trendline was smashed and now we see it printing this flag on the H4 chart. Tomorrow we have FOMC, and with my other idea about EURUSD we could see Dollar weakening which would drag this down to at least 0.98 area
We recently saw some pushes up on this pair, but now it looks exhaustet and ready to fall. My target is a 100 pip drop from now.