Today is an important day for CAD as we expect interest rate decision coming out later on. That means there could be big moves in just a few minutes time. Let's see where price could go next. At the moment we see a higher high and price is trying to break previous high as we speak. That's what we will be waiting for as our entry signal. In case we get a...
EURJPY is currently in an uptrend on pretty much all timeframes. It has been trading sideways for 2 weeks now without a succesful breakout. In order to continue, we should see a break above 130,65. This will give us an entry opportunity on the retest of this level. Our target after a breakout will be 131,69! We expect to see some progress on this situation...
We see a weaker downside move followed by a breakout on the hourly chart. Now we have a higher high and we expect a reversal. The support zone at the moment is 149,84-150,14 It gives us a good entry opportunities. Our first targets will be 151,29 and in case of a breakout then 152,05!
From the analysis that we sent out on 14th of April you can see that we expected a test of the resistance up at 1755-60. Well now we have a breakout! This is a significant level on Daily chart and closing above it means that price will continue to the upside. Now we are looking to go long, knowing that this previous resistance zone 1755-60 should act as a...
Yesterday we saw a downtrend breakout on the H1 chart. At the same time price closed above previous high. We are expecting another upside move that will end current price hold around market open. It should take market up at 1755-60! This zone appears to be exceptionally strong and important. We will watch closely how price will react, and if we see a break...
We start again with a recommendation to pay attention to the bigger charts. Here we have an up movement of all major periods! This is extremely important, because if the H1 triangle breaks, we can expect the movement to continue for a longer time in the direction we expect. In case of a breakout we will see a breakout of the daily peak as well and reaching the...
One of today's opportunities is with GBPUSD. The currency pair is in a downtrend of H1, but the price stopped with strong support. The zone 1.3670-80 has proved important several times already and we expect that in case of a breakout it will have the strength to continue. We are waiting for closure below this zone, which will allow for entry with a target of...
Yesterday we looked at EURAUD. So far, things are going according to plan. Today there may be an additional opportunity. And now let's see EURCAD - since the beginning of this month we have an impulse rise. The downtrend was broken through it and now we expect an additional rise. The possibility to enter is right now- during the correction. And if you want...
EURAUD this week rose to previous peaks around 1.56. It seems that the movement has power and we can expect it to continue. Therefore, we watch for the end of the correction. The breakout above the previous peak will be a confirmation of the situation and will allow to reach 1.5685.
Since the beginning of the month, we have seen the reversal of almost all currency pairs. Yesterday, EURUSD reached a key level of resistance. The zone up to 1.1900 will be extremely important for future movement. There is a high probability that we will see a repulsion from it and a test of the previous bottom. To make an entry it is necessary to see...
Asset: GBPCAD Chart: H4 Expected movement: Rise Entry: when closing above 1.7422 Target: 1.7560 and 1.7732 Basis: - Reversal head and shoulders - Breakout of a downtrend - Higher bottom - Higher peak
On H1 at CADJPY we are in an uptrend. As in the last part, the price failed to make a higher peak. This way it forms the head and shoulders figure. To enter it we must have a closing candle below the neckline - 87.85! To determine the profit level, the size of the head is measured and applied from the moment of breakout. In this case we expect 87.40!
Analysis from large to smaller charts. - Weekly - uptrend - Daily - uptrend - H4 - double bottom - H1 - Uptrend After breaking the double bottom, a test and continuation to 1.3917 can be expected. Today and on Monday we expect that there will be no big movements, because most of the markets are on vacation!
The most definite movement at the moment is at USDJPY. The uptrend continues, with the correction being minimal and visible only in small charts. We are looking for an end of the correction at the moment. After repulse shortly before 111.00 we saw a correction to 110.40. If the resistance breaks, there will be an opportunity for new buy entry with a target of...
The downtrend starts on February 25 and we have already seen a nice down movement. We are now considering a new sell opportunity. Yesterday the price reached 0.8835 - this is 38.2 of the fibonacci of the last decline. We are currently seeing repulsion. This allows for a drop to 0.8750. The next level is 0.8700.
This is the USDCHF analysis from March 18. The analysis has already been completed. Now let's see how we expect it to continue. We are in a definite upward trend, which remains at levels 0.9420. We expect to see a break and a test at this level and move on to the next resistance. And it is at 0.9525 level. Trade options: First - aggressive - enter now with a...
Last week we saw an impulse drop of over 200 pips. Minimal correction followed, but apparently the movement has no upward force. This allows for new sell trades with a target of 0.6841. The recommended stops are at 0.7041. Thus we have a ratio of 2: 1. If the previous bottom breaks, the stop moves to the entry levels! For a moment of entry at this and other...
Are you selling EURUSD? The last opportunity we sent on Wednesday is already being realized. Now is the time for correction and a new decline! The correction should be minimal and end in the range of about 1.18. Then let's see another drop down and break of the bottom. How far EURUSD decline will continue? Trades are recommended after a signal indicating end of...