Gold Bullish idea Weekly Trend: Bearish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: We are finally looking more bullish here on GOLD. This week we’re looking for our new bullish trend to continue. Ideally, price action forms a significant higher low near our 1675.000 support zone. Look for strong reversals and target higher toward...
EURJPY Bearish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bearish Trade scenario 1: EJ has been overall very bullish but here on the 4hour timeframe we’re looking more bearish, especially after the recent break of our 142.000 zone. Going into this week we’re looking for the 4hour trend to continue bearish. We will look for short scenarios...
USDJPY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: We are still bullish on UJ and it looks like we will continue with this trend through the week. Ideally, price action forms a higher low near 145.000 support with strong bullish variations to follow. Look to target higher toward our -27% fib level. Trade...
AUDJPY Bearish idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: We are looking bearish on AJ and it looks like we will continue with this trend through the week. Ideally price action confirms below 93.000 and forms a lower high we can consider entering short on. If this happens look to target toward our -27% fib level &...
AUDUSD Bearish Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: We are overall bearish on AU but we have been stuck in a range that looks to be breaking bearishly now. Going into this week we’re looking to ride the existing bearish trend and a break of 0.64000 with a lower high below would be enough to consider shorts....
DXY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: We are back to bullish after a significant rejection from 110.700 support. Price action reversed and pushed above 112.000 where it looks more bullish now. Going into this week we’re looking for this bullish trend to continue, we’ll look for higher lows near...
Gold Bearish idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bullish Trade scenario 1: We are still clearly bearish overall but the 4hour trend is pushing up. We are close to 1675.00 resistance and we will look for reactions near this zone this week. Ideally, price action rejects 1675.00 and continues bearish. If this happens look to enter short...
EURJPY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: We are generally bullish on EJ again but we are resting at key resistance right around 142.000. If we break above 142.000 look for a higher low to enter long on and target higher toward 144.000. Trade scenario 2: If EJ rejects from 142.000 look for clear...
USDJPY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: We are still overall bullish on UJ but we are currently consolidating near 145.000 resistance. The most likely scenario is a break of 145.000 with a bullish continuation. Trade scenario 2: If UJ reverses at 145.000 and breaks lower, look to enter on lower...
AUDJPY Bearish idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: We are fully bearish on AJ and it looks like it will continue into this week. Currently we are in an active trade where we rejected from 38.2% sharply. It is likely price action will continue lower and establish a new lower low. If we are able to spot quality...
AUDUSD Bearish Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: Overall AU is still bearish and we are technically in an active trade. Currently price action is resting right near 0.64000 support and we are waiting for reactions. The most likely scenario is price action continuing to fall to a new low. If we see a break of...
DXY Neutral Idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bearish Trade scenario 1: Overall we know DXY has been very bullish but this past week we have seen a pullback to our 38.2% fib level around 112.000. Going into this week we are looking for reactions around 112.000. The most likely scenario is a bounce form 112.000 and DXY heading higher...
Gold Bearish idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: We are looking steadily bearish here on gold and we have strong evidence we will continue to do so. Going into this week we’re looking for new structure. Ideally, price action retests 1660.00 and forms our next lower high. We will then look to target lower...
EURJPY Bearish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bearish Trade scenario 1: EJ has been overall bullish for a while but recently we have been seeing a major down trend since rejecting our 144.000 zone. If we are to continue bearish we ideally need to see a bit of consolidation with significant bearish variations to follow. Look to...
USDJPY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: We are looking bullish on UJ as we approach major resistance around 145.000. If we are to consider trades we need to see a significant higher low above 142.850 then we can target higher. If not, we will have to wait for reactions around 145.000 Trade scenario...
AUDJPY Bearish idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bearish Trade scenario 1: Currently AJ is in a steep downtrend and it will be hard to catch falling price action. Ideally, we will look for a retest of 95.000 resistance with convincing bearish variations to enter short on. Look to target lower toward 93.000 support. Trade scenario 2:...
AUDUSD Bearish Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: We are still looking very bearish on AU. Going into this week we’re looking for a break or bounce of our 0.65500 zone. If we are to continue bearish we’ll look for a break below 0.65500 with a convincing lower high below. Trade scenario 2: If price action...
DXY Neutral Idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Overall we can see DXY is very bullish and overextended. Going into this week we will be looking for retracements and structure formation closer to our 110.700 support zone. Ideally we can spot healthy structure and move forward with a bullish trend. Trade...