Forex_42

Forex_42

Hello Traders, USDJPY has formed a descending triangle now. Most of the time, price will eventually break the support line and continue to fall. If price break the support line we will be looking for a short position targetting 104.50 - 105.00 monthly key level area. Good luck! Thank you for your support! Forex42 // If you like trade my ideas please push...

Forex_42

Hello Traders, At the beginning of the March, Etherium had very strong bearish momentum and it ended at $95 levels. After that momentum, price is now retracing. $200 is very important resistance area and also this area respected the fib level of the impulse. We will be looking for a short trade if we find a good place to enter at $200 area. Our target is $150...

Forex_42

Hello Traders, GBPAUD has broke the strong bullish trend line last week. Now we are expecting a bearish momentum to the key structural levels. We will be looking for a short trade when the broken trendline and previous support retesting. Our target is 1.9200 area which is a support level. Good luck! Thank you for your support! Forex42 // If you like trade...

Forex_42

Hello Traders, GBPUSD is seems like it will retrace to 1.24750 resistance area. If this will happen we will be looking for a short position. Our first target is the 1.22500 support area, if price will break this level our main target is weekly support at 1.1500 level. Good luck! Thank you for your support! Forex42 // If you like trade my ideas please push...

Forex_42

Hello Traders, Gold has broke the strong resistance level last week and retesting it now. This area is also 61.8% fib level. We will be looking for a long trade targeting $1.770 Good luck! Thank you for your support! Forex42 // If you like trade my ideas please push like. // Write your comments and questions down here. // Before enter the trade please make...

Forex_42

Hello Traders, Ripple is stuck between 0.18 - 0.20 area. There is two possible option on Ripple; One is break above 0.20 level will lead us 0.23 - 0.25 area. Another one is if price break below 0.18 level and we will see the 0.13 - 0.14 area again. Good luck! Thank you for your support! Forex42 // If you like trade my ideas please push like. // Write your...

Forex_42

Hello Traders, EURGBP has broke the above the key level. Now it is time to bullish momentum. We will be looking for a long trade when the retest occur. Our target is 0.92500 Good luck! Thank you for your support! Forex42 // If you like trade my ideas please push like. // Write your comments and questions down here. // Before enter the trade please make your...

Forex_42 Updated 

USDCAD has broken the monthly key level. If the price retest this level we will be looking for a long position on 4H time frame. Good luck! Thank you for your support! Forex42 //If you like trade my ideas please push like. //Write your comments and questions down here. //Before enter the trade please make your own analysis.

Forex_42 Updated 

EURUSD is on Weekly Support Area. 1.08800 weekly key level was broken last weeks and now retesting on this level. If the retest completed as our plan, we will be looking for a short on 4H time frame. If 1.09200 daily level will be broken we will be looking for a long after 1.1000 level on 4H time frame. Good luck! Thank you for your support! Forex42 //If you...

Forex_42

AUDUSD has broken the very strong Weekly Support Level last week, we will wait for the retest at 0.66700 before short trade on 4H time frame. Good luck! Thank you for your support! Forex42 //If you like trade my ideas please push like. //Write your comments and questions down here. //Before enter the trade please make your own analysis.

Forex_42

Hello Traders, Here is the daily time frame XAUUSD analysis. Price has retrace the 50% fib level and this level also previous support now turned resistance. Gold most probably will go down to 1520 level. Our first target is 1550. Good luck! Thank you for your support! Forex42 //If you like trade my ideas please push like. //Write your comments and questions...

Forex_42

Hello Traders, Here is the daily time frame USDJPY analysis. At 109.20, there is a demand area. The price has broke this resistance and we will be looking for a retest at 50% fib level to enter a long position. First target is 110.00 level and the second target is 111.00 level. Good luck! Thank you for your support! Forex42 //If you like trade my ideas...

Forex_42

Hello Traders, Here is the daily time frame NZDUSD analysis. We are at the Nov-Dec 2019 level now which is a very important demand area. There are waiting orders inside 0.6400 and 0.64300 area. The price most likely push to the upside due to waiting long orders. We will be looking for a confirmation inside the 0.6400 - 0.64300 area for the first long. And there...

Forex_42

Hello Traders, Here is the daily time frame EURUSD analysis. Last week price has breakout the 1.100 key level. The downtrend will most likely continue but before the bearish momentum I believe there will be a pullback to 1.10 level again and give us a chance to ride the downside movement. At 38.2% fib level (1.10) we will be looking for a confirmation of...