USDCHF is on an uptrend at the beginning of the year. We already had the opportunity to trade it We now expect it to continue to the following levels: 0.9082 0.9139 Before that we can see a decline to the main support, but the price should not go below the previous bottom 0.8870 If you have questions about how to trade this or that situation, contact us! To...
Today is an important day for both USD and CAD. Employment data from Canada and the USA are published at the same time. This leads to greater fluctuations. Technically, USDCAD broke the downward trend in which it was and started raising H1. This week we saw a sideways movement, and the break outside it will determine the future direction. The probable scenario...
We are seeing a strong USD everywhere and it looks like this will continue. Today and tomorrow will be important days with the release of news about the economy. EURUSD is expected to continue down and below 1.20. This will allow the price to drop around 1.1920! Be careful during the news and do not overdo the volumes! If you have questions about how to trade...
The upward trend here continues. Now the price forms lower peaks, but at the same time we see lower bottoms. This means that buyers are still the stronger market participants and we expect that they can raise the price at least once more before we see an correction. The possibility is after the break of the triangle and we expect the price to reach: 1.2308 and...
Last week, the opportunity for silver came true. Now the price is in a similar situation. After reaching $ 30 yesterday we saw a correction. We are now looking for its end for new entry opportunities. The expected resistance levels are in the area of the previous peak - 29.85 and in case of a breakthrough 30.82. Fundamental grounds provide opportunities for...
A very clear and good-looking figure is about to be break today. Last year's downward movement could end with the H&S. This will allow it to rise to 0.9010. The option of entry is to wait for the daily closing or to move to a shorter period and look for reasons for trades in this direction. If you have questions about how to trade this or that situation,...
You probably know what happened to GameStop. The new instrument that has aroused the interest of regular investors is silver. Yesterday we saw a rise of almost $ 2, but immediately after that the price fell off. Today we have the opportunity to see a new rise. Confirmation will be exit from the triangle and a break of the previous peak. Expectations for...
Yesterday we saw the possibility of reversing the trend at EURCAD. Today we observe EURAUD. This week we saw a break, a higher bottom, and yesterday the price managed to make a higher peak. All this signals the depletion of the downward direction. This allows us to search for purchases to: 1.6020 and 1.6230 This scenario fails when the previous bottom...
On H4, the downward trend starts on December 22 at EURCAD. In its last part, the trend expanded and made a more impulsive movement. Last week, however, we saw a very strong rise, which broke the trend line and made a higher peak. This allowed us to see a reversal of the trend. To confirm that an uptrend has started, we need to see a break of the previous peak...
One of the most popular figures in technical analysis is formed on H1 in GBPUSD. To complete the model, the price must reach 1.3542. To further confirm the reversal, it is good for the price to close below the previous bottom. This can give an additional boost to the price and the opportunity to enter from a larger number of participants. The figure fail when...
GBPNZD has possibility to reverse the trend GBPNZD made a very nice upward trend on H1. Last week, however, it broke the support and we see that at the moment there is no strength to continue. This allows to reverse the trend and search for short positions. For this purpose, however, we must see confirmation of the reversal with a break of the previous...
Do you remember the analysis from the 20th of USDCAD The price dropped and did not allow entry. But that doesn't mean we stop looking at the possibility of getting involved in a trade. Now it is even more profitable, because there is an opportunity to get involved at lower levels and earn more! For this purpose, however, we must see a break again! This time...
Since the beginning of the year, we have seen an increase, which remains in the zone to 0.89. This rise turned into a sideways movement. It is clear that we have serious resistance at levels above 0.89, but if we see a break, we will see an additional rise to the next levels. The final goal will be 0.9015! If we look for figures, then here we can find at least...
USDCAD is in a downward trend in all periods. Today we expect the BoC to decide on interest rates. This can be a good opportunity to reverse the H1 trend! To do this, you do not have to enter into a trade in advance (unless you enter into trade without reason). Passing above 1.2768 will allow entry. Crossing the previous peak will confirm the reversal. The...
January 11 was the first sell opportunity at NZDUSD. It's already done! But now there is a new opportunity for another 100 pips! We expect the next downward pressure to reach 0.70345! You can look for an entry in case of repulsion from the resistance zone. If you have questions about how to trade this or another situation, contact us! To support us, like and comment!
The downward trend here was broken on January 6 and we saw an increase to 104.40. After that, the pair failed to continue up, and we see consolidation in the form of a triangle. In order to enter into a trade, we must see a breakt in resistance. This will allow the price to rise to: 104.62 and 105.30 DO NOT enter into a trade until there is confirmation of the...
In the last month we have a definite rise in GBPJPY. This week we also saw a break of the key resistance around 141.30. This gave new strength to the pair. We are currently seeing a consolidation of H1 in the form of a triangle. In the event of a break, we can expect the upward movement to continue with a higher probability. The resistance levels...
Since the beginning of November last year, we have an upward movement of H4 at CADJPY. Earlier this week, the price reached its high points from December, testing and holding them without being able to break them. Before making a new attempt we see that a triangle is formed on H1, which is broken and now with new forces it will try to break the previous peak! An...