DontStopTrading

DontStopTrading

NZDJPY is currently trading at the resistance area 76.00 It's nearest Supply area is at 76.80 It is trading within a downward channel that started since june-21. Yet it failed to breakout. So, my bias is still bearish unless it breaks from that channel. The resistance area is my first sell zone. A bullish close above will expose the supply area where I have...

DontStopTrading

As you can see natural gas was going up creating uptrend. currently it is above strong support 3.8 area. The 4.00 area is a local resistance and if it removes the local resistance then it will go and continue the uptrend. However if the strong support level is broken then the 3.55 area or even 3.35 area might be exposed. Why am i targeting the 3.35 area?? Because...

DontStopTrading

Last week gold was bullish then bearish. On 4 hour timeframe GOLD broke the down trendline and went to upside, reacted from the resistance area, 1830. GOLD is currently above 1810 area, an area of support. As long as gold stays above support area buy bias is bullish. And if it breaks the resistance, it can go up till supply, where another reaction may occur.

DontStopTrading

On 4 hour timeframe EURUSD is trending down but last week it eventually broke out from it's falling wedge. If you look closely on 1 hour timeframe, it is creating a minor uptrend. 1.1830 is my potential buy area where i will look for buy entries. My bias is bullish on EURUSD until it breaks the uptrend market structure on 1 hour timeframe. My long target for...

DontStopTrading

CADJPY is trending down creating lower highs & lows. recently is in a consolidating stage between 88 & 87.40 area. My bias is bearish but before that it may fill the supply area, 88.40. So, my expectation would be a fake breakout from the consolidation then we go down.

DontStopTrading

We can see on four hour timeframe that the market is contineously pushing to the upside making higher highs. The most recent support/demand area is 1.26 area where the market will most likely make a new Higher Low unless it breaks the uptrend structure. My bias is bullish at this pair until it breaks it's previous higher low which is located at 1.245 area. My take...

DontStopTrading

GBPJPY is trending down. recently this pair is above previous lower low. I will take a short sell till the support area 149.20 if it removes the lower low by a secure close below 150.50. Otherwise 152.60 is my potential sell area. My bias is strong bearish unless it breaks this downtrend market structure.

DontStopTrading

AUDUSD was rising from last year creating upward channel & currently is at a critical area. Most recent support is 0.7380 & resistance is 0.7620. We can predict 2 scenerios. Scenerio 1: Break above the resistance will confirm uptrend continuation. Sceneio 2: Break below support will expose major down fall to the next support area which is at 0.70 level. If...

DontStopTrading

On the 4 hour timefram GOLD has broke the minor downtrend structure and pushing up making higher highs and lows. Currently is in consolidation stage. Break below the range high will push the price higher to the supply area. But breaking below the range will can make it go lower. However, my bias is stong bullish due to the break of structure and i belive gold can...

DontStopTrading

1.8560 is an area of resistance. We see that the market failed to break the level and create a new higher high. Instead we see convincing price action that can make the market move lower. My bias is bearish on this pair. Market can move towards 1.8490 level and if it breaks below that level market will continually fall lower until it breaks the downtrend market structure.

DontStopTrading

Right on the chart you can see AUDUSD seems moving within a downward channel. The area between 0.7530 & 0.7510 is a swing low area. I have a strong sense that market might go down from there to 0.7450 area. After that it can show consoliadtion. But my bias is bearish until it breaks the lower high formation. Also by removing the lower low, 0.74 area, will push...

DontStopTrading

My analysis on EURJPY is very simple. Last week the market broke below it's lower by making new lower low, but last Friday it pulled back with a bullish movement and secured a close above the pevious lower low. Next monday morning i am hoping that the market may push back down to 130.30 area and if changes the structure it am going to look for the market to go...

DontStopTrading

EURCAD was consolidating between 1.4650 & 1.48. Yesterday this pair broke from the consolidation stage with a big bullish engulfing candle which leaves more room to the upside. This pair clearly broke above daily trendline which gives us another signal that it may rise for a while. However, I will be expecting a bounce near the supply area 1.50 that i've pointed. ...

DontStopTrading

A classical trendline breakout occured this week on USDJPY pair . It broke the uptrend market structure following by a major drop down from the trendline and by removing previous Higher Low. A retest is expected at the S/R area before moving down. My bias is bearish unless it breaks the market structure.

DontStopTrading

USDCAD is consolidating between 1.2260 & 1.25. 1.25 level is a Resistance, which is also a major round figure that a lot of people will be paying close attention to. If we can clear the 1.25 level, it is very likely that we could go looking towards the 1.26 level. An impulsive bullish move just waiting to happen. You can buy low and sell high within the...

DontStopTrading

After a downtrend USDCAD started consolidating and then broke from it on June 16th and is continuing going upside. Last week USDCAD failed to make a new higher high and closed with a big bearish engulfing. Even though my bias is bearish for a short period of time on this pair, i will wait and see how it reacts from demand-1 area. Break below demans-1 will expose...

DontStopTrading

Last Week CHFJPY tested demand & rallied to the upside breaking the minor downtrend market structure. Currently market is in imbalance between 120.20 & 120.70. My bias for this market is bullish unless it makes a new lower low and breaks the current market stucture. From Daily timeframe CHFJPY seems bearish but last week it failed to make a new lower. So,...

DontStopTrading

GOLD is creating a flat correction and it seems like it has broke it's down channel. In the lower time timeframe GOLD is going up by creating higher highs and lows. unless this market structure is broken i believe it can go to the base area 1820 where it may react to the downside.