GBPJPY – trending depends on breaking this range and Gbp performance. Trend: Strong Buy Price action: Buyers still didn't show any power. If we compare lower timegrame, then sellers are in much better position in compare to buyers. Overall market is still in buyers trending, but in any chance be aware of any break that wil happen. Potencial trade idea:...
USDJPY – USD potenicial buy Trend: Strong Buy Support/Resistance: R3: 111.068 R2: 110.240 R1: 109.718 S1: 108.969 S2: 108.647 S3: 108.325 Price action: We've been same in this trade from previous week because of buyers good momentum. The end of week end up at great position for potencial buy side. If something will change then follow risk management rules...
USDCHF – USD pair is showing positivity over market - Trend: Buy/ Neutral Support/Resistance: R3: 1.00704 R3: 1.00280 R2: 1.00094 R1: 0.99750 S1: 0.99491 S2: 0.99040 Price action: In this case, when buyers will break first resistance, it is important to follow steps as correction and momentum flow before buy is confirmed. We are positive for buy in this case,...
USDCAD – Buyers might continue way higher. Trend: Strong Buy Support/Resistance: R2: 1.32951 R1: 1.32696 S1: 1.32111 S2: 1.31854 Price action: In this case, buyers did a great job from previous week. The good news are that, they've already broken important levels to prove USD positive signs. If buyers will contunue way up, then we are following next targets. In...
Price is on the top of the structure. if we take a look on monthly time frame we can see that there is more potential in upside than downside. We will take a buy trade with stop loss below the buyers territory. ELITEFXACADEMY!
GOLDUSD – As following USD pair, Gold might be lower Trend: Sell/ Neutral Support/Resistance: R2: 1477.05 R1: 1459.38 S1: 1444.08 S2: 1433.86 Price action: Gold is contraverse from Usd pair. Nothing is proved yet that gold can go that deep. First is important to follow lower timeframe to get facts from our Elite strategy and also news statement. Gold is now...
XAUUSD – Gold started showing sellers results stronger Trend: Sell/ neutral Support/Resistance: R2: 1510.49 R1: 1477.05 S1: 1464.71 S2: 1444.08 Price action: Gold started showing sellers results stronger. Buyers didn't rebounce much, which means that sellers have advantage from previous daily close. If the price maintain below 1464.71 level, then sell will...
AUDCAD – Buyers trending caught between daily channel Trend: Strong Buy Support/Resistance: R3: 1.09128 R2: 1.08901 R1: 1.08635 S1: 1.08206 S2: 1.07998 S3: 1.07798 Price action: Buyers are showing strong performance. From previous day price touched high level and rebounded from overall daily channel. Price did a faker but still might go long position,...
We are in sellers territory and money spot on H1 and H4 but because of solid buy momentum on H4 we need to wait on break above or rejection from sellers territory. ELITEFXACADEMY
USDJPY – Buyers became leaders at the moment Trend: Strong Buy Support/Resistance: R2: 110.295 R1: 109.718 S1: 109.049 S2: 108.803 S3: 107.787 Price action: In this trade idea, you can see how buyers were pushing price without any swing/denial by sellers. Actually buyers break sellers, before sellers were able to handle position at level 108.803. So buyers has...
GBPCHF – Buyers started following power of Gbp currency. Trend: Buy/ Neutral Support/Resistance: R2: 1.29594 R1: 1.28518 S1: 1.27640 S2: 1.27036 S3: 1.26425 Price action: Price is headed to test last Higher High by buyers momentum. If the price will break first resistance, it might go higher to achieve second target at 1.29594. If first test to last higher high...
GBPCAD – Buyers to test higher high first Trend: Buy/ Neutral Support/Resistance: R2: 1.72171 R1: 1.70660 S1: 1.68964 S2: 1.67298 Price action: Price action give us information about flow of the market and understanding psychology of the market. So this trade is handling with buyers channel, which meand buyers are stronger in this case then sellers. On the...
EURGBP – Sellers trending might continue soon Trend: Strong Sell Support/Resistance: R3: 0.87143 R2: 0.86645 R1: 0.85998 S1: 0.85402 Price action: We are waiting for holding price below new resistance level at 0.85998. If price will bunce from this level, we can see bears targets to 0.85402. If buyers are able to break resistance level at 0.86645, then they...
EURAUD – Sellers trending is on the way and the reason could be Trend: Strong Sell Support/Resistance: R3: 1.61423 R2: 1.61139 R1: 1.60770 S1: 1.60108 S2: 1.59538 Price action: From previous day sellers led and give us a reason to sell even more, but the price has to hold below resitance level at 1.60770. Sellers targets are next to first and lower to second...
CHFJPY – Jpy currency is showing weakness from previous days and the trade might be continued by swiss currency. Trend: Strong Buy Support/Resistance: R3: 111.497 R2: 110.800 R1: 110.169 S1: 109.779 S2: 109.384 Price action: Buyers might continue move higer if buyers break resistance level at 110.169. If we hold above this level then price might see targets...
AUDCAD – Buyers still holding position Trend: Strong Buy Support/Resistance: R3: 0.91210 R2: 0.91023 R1: 0.90841 S1: 0.90522 S2: 0.90224 Price action: Buyers still holding position. From the last swing, buyers tested seller momentum to get answer from bears. Buyers handle price action above support level at 0.90841. If buyers will be enough strong to push...
Ripple is in strong sellers territory but if we look on a monthly time frame than we can see a lot more potential for buyers than sellers.. Of course price might came to the lowest support level and then bounced back to the higher levels.
GBP/CHF is in strong buyers territory, up trend and right now in consolidation mode. We are waiting on break bellow the structure and with target to the end of buyers territory or on the break above the structure and with target on the higher time frame 1.33700.