Hello Traders, Hope you all are doing good!! We are on a nice uptrend for this pair. As per the COT report, speculators are Buying EUR heavily and Selling JPY which adds to the probability of this pair going high. The pair on Hourly chart already tested the 200 hour MA and bounced back. On Weekly chart, the pair has crossed above the 200 weekly MA and retested...
Hello Traders, Hope you all are doing good!! The last trade reached the target. Current situation is that AUDCAD seems to be facing Bearish pressure. As per the COT report, speculators are SHORTING AUD more than earlier and CAD as well. I expect CAD more LONGS by speculators this week adding probablity for this pair to go down. Wait for the price rejection at...
Hello Traders, Hope you all are doing good!! AUDJPY seems more likely to go Up to test the earlier Daily highs of 76.5 - 77.0 As per the COT report, speculators are Buying AUD and Selling JPY which adds to the probability of this pair going high on mid trend. TP @ 76.75 Please follow me and like if you agree or this idea helps you out in your trading...
Hello Traders, Hope you all are doing good!! AUDCAD looking strong after the positive results on AUD at the starting of this month. As the pair looks mostly BULLISH but wait for it to retest before buying as today some important news events are awaited for both the currencies. Please follow me and like if you agree or this idea helps you out in your trading...
Hello Traders, Hope you all are doing good!! GBPAUD just got rejected by Strong Supply Zone. Wait for the Breakout of the trend line before opening a SHORT. TP @1.8 Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position.
Hello Traders, Hope you all are doing good!! ETHUSD is my Fav crypto & i love to invest in it more than i trade it. As we can see on the chart that the pair is forming a Bullish Pennant after making a huge rally. Wait for the break above and you can open a LONG position. TP can be @350 Please follow me and like if you agree or this idea helps you out in your...
Hello Traders, Hope you all are doing good!! First of all congrats who has benefitted from the last trade idea on BCHUSD. The next plan on BCHUSD as i already posted in my telegram channel will be TP @304 As you can see the pair has already broken above the last TP 270 level. Now the next run can be till 300. On 4H timeframe, the pair is making a Bullish...
Hello Traders, Hope you all are doing good!! Silver is trading in range since yesterday. The 200MA on 15mins chart & the last day POC are acting as the immediate Resistance. BUlls needs to break for gaining the next upside move. Wait for the break above these resistance and open LONG position. Please follow me and like if you agree or this idea helps you out...
Hello Traders, Hope you all are doing good!! AUDCHF looks like forming a H&S pattern. Wait for the Bearish signal at the resistance level. Below are the technicals & fundamentals for this trade: 1) Speculators shorting AUD. 2) H&S pattern is forming on 4H & 1H. 3) Daily RSI is below 50 on 4H. 4) Lower Highs formed on daily timeframe Please follow me and like...
Hello Traders, Hope you all are doing good!! The Situation on DXY turns short term Bearish for time being. As mentioned in my last post we are still looking for the breakout above the upper trend line of triangle; however, the price broke the 4 month old trend line & 200 weeks MA. 1) The price most likely to hit the next support zone. Wait for the price...
Hello Traders, Hope you all are doing good!! Is this the time for reversal or atleast correction for AUDCAD pair?? 1) Pair approached oversold zone. 2) Pair bounced back from support zone . 3) Pair bounced back from trend line forming for around a month. 4) Pair bounced back from 200MA on 1H & 50MA on 4H. Please follow me and like if you agree or this idea...
Hello Traders, Hope you all are doing good!! The Situation on GOLD is not clear right now as it is trading in range for the whole last week unable to break out. Breakout in either way will lead price to move to next support/resistance level. 1) As the speculators decreased the LONG positions may likely to move the price down. * Upside breakout will open TP...
Hello Traders, Hope you all are doing good!! Is this the time for correction of EURCHF pair?? 1) Pair approaching overbought zone. 2) Pair is trading in the downward channel . 3) Resistance Zone lies above Risk Point: Price failed to make lower LOWs in the earlier swing on Weekly Timeframe. Please follow me and like if you agree or this idea helps you out in...
Hello Traders, Hope you all are doing good!! Is this the time for reversal or atleast correction for AUDNZD pair?? 1) Pair approaching overbought zone. 2) Pair approaching resistance zone . 3) Pair forming divergences on 4H & 8H timeframes. 4) 200MA resistance on 4H. The risk to reward ratio looks good from here. On recent occassions in the past, pair moved...
Hello Traders, Hope you all are doing good!! Is this the time for reversal or atleast correction for EURCAD pair?? 1) Pair approaching overbought zone. 2) Pair approaching resistance zone. 3) Pair forming divergences on 4H & 8H timeframes. The risk to reward ratio looks good from here. On recent occassions in the past, pair moved around 100 pips or more in...
Hello Traders, Hope you all are doing good!! This is the current week plan of USDJPY pair. The pair is currently trading in symmetrical triangle & the price is recently got rejected by the lower trend line of the triangle on daily timeframe. The price also bounced back from the strong Support area on 4H. The pair is more likely to go up. Wait for the opening...
Hello Traders, Hope you all are doing good!! This is the current week plan of AUDUSD pair. My Bias is SHORT for this pair due to below reasons: 1) Price got rejected by daily 200MA. 2) Price got rejected by Weekly Resistance line. Watchout for the Bearish Signal after breaking the below trendline. The first TP will be at .38% Fib Retracement of June end Up...
Hello Traders, Hope you all are doing good!! This is the current week AUDUSD pair. Currently the price broke the tendline and also retested it. Watch for the Bearish signal or wait for the breakout on Daily timeframe. On breakout, the first support will be around .68100 level. From there we will further see the price movement. Please follow and like if you...