EURUSD is in clear uptrend. But, what you think? How far EURUSD will go? Ok, yesterday a multi year trend line broken which was started from 2008. So what should we do right now? As a price action, trend line broken level is 1650 and I can see price retest as a new support in the upcoming days. Wait for a price action buy signal on this zone. If price can hold...
AUDJPY is in uptrend. Price facing multiple support zone (horizontal support, fibo 50% & trend line). Wait for some bullish price action signal on this zone.
AUDUSD is in clear uptrend. Price forms a bullish flag pattern, I want some deep retest near 7030 zone. Happy Trading...!
EURUSD trying to break trend line resistance for the second time. Last week this pair made a fake out on this resistance. Now what we can do? OK, we can wait for a daily close above trend line and 1350 level. After a daily break wait for retest broken area as a new support. For more secure trading wait for a price action buy signal on new support. Next Key...
NZDCAD finally breaks 0.8800 resistance which now act as a new support. Wait for a decent retest and price action buy signal to get long on this pair.
AUDJPY comes at 50% fibo level which is 75.08 I'm gonna keep a sharp eye on this level, if this level break up with daily candle I'll looking for buy signal at retest. Next important zone is 61.8% fibo level (78.68) Happy Trading guys...!
This pair broke his key support 1.9415 (zone) few days ago which act as resistance right now. Price now trying to retest broken level as a new resistance. If we go to h4 or h1 and draw fibonacci, then we can see 50%-61.8% area is located on 1.9415 zone. Any price action sell signal on this area will execute my order. #Happy_Trading
EURAUD break h4 trendline few days ago. Also this pair makes higher low and higher high. For now 1.5995 is very important level for hourly chart. Any bullish price action confirmation indicates furthur bullish movement for this pair.
Watch for a selling opportunity on a retest of 0.7180 as new resistance. Key support comes in at 0.7050/60 followed by 0.6960.
On the daily chart USDJPY has recovered sharply. Now price testing fibo 50% level. A strong rejection from this level indicate furthur weakness of this pair. On the other side if price can't hold this level we can expect the price at 61.8% level. This is very strong resistance for USDJPY. From here we can see the drop of price. Happy Trading...!!
GBPJPY printing bearish flag pattern on daily time frame. From the 61.8% level we can see domination of sellers. For the trading setup first of all I want to see a bearish price action sell signal on that zone.
Profit Target level is 1326 following by 1307 A close above 1362 will make invalid this setup. Happy Trading...!
longer-term bullish up-trend remains in-order in GBPUSD, but rather than having a range-bound environment over the past couple of months, GBP/USD has been putting in lower-lows and lower-highs, as governed by this descending trend-line on the four-hour chart. Watch for bearish price action signal. Happy Trading...!
After a range price broke 1.58 which was range resistance. Price just make a fresh high and I'm waiting for a higher low. I'm waiting for see price action signal on 1.5755-1.58 level. Happy Trading...!
Wait for price retest and hold 106.50 level. Target level is 100
Former support turned resistance now. Wait for a decent retest. Next important support is 82
EURAUD multiple doji formed in weekly chart. I expect some bearish movement on this pair.
USDJPY in clear downtrend. Price contentiously making lower high and lower low. Wait for price coming in that marked zone and price action sell signal. Profit target level is 105.50, 103.70 and 101.75