You can see the daily time of the pound to dollar currency pair that there is a very good selling opportunity ahead and all we have to do is to wait for this opportunity to come.
There is an opportunity to buy in the dollar-yen currency pair, but first, we have to wait until the price enters the range of 148.25–147.90, and if it does not cross this price area, we can look for a buying opportunity considering the terms of the transaction.
You can see the euro-dollar currency pair in one hour. If the market wants to respect the technical trend, it should return to the specified price range that we showed in the chart, and then we can look for selling opportunities in that range.
I showed at the chart the price area that would be nice for entering to the short trade.
As you can see in the chart, there is a possibility of correction in the daily time frame, and then, considering the conditions of the transaction, we should look for the opportunity to sell on this currency pair.
You can see from the Canadian dollar to Japanese yen currency pair in the weekly time frame that the price is in an important resistance area. If we see price resistance this week, we will have the possibility of strengthening the yen, and the target is at least 500 pips and the loss limit. It should be above the last climb.
We are looking to open short trade for this pair and need to monitoring now
Horizontal resistance and reversal patterns. The pair have hit the monthly supply zone, forming a stretched, rising wedge. The price remains in the wedge following the breakout, and we may witness a negative moment. Wait for the appropriate time and place. All XXXJPY is moving in the same way, including its major pair. We will soon witness the corrective phase at...
Nice area for go to short trade on this pair. We mentioned two places that we have to wait the price bounced to these levels.
If market respect to technical analysis, we have to see good long trade opportunity.
I showed at the chart short trade opportunity. there are two area that you need to wait the price reach there .
We can initiate a long trade right now, but it is advisable to open a buy trade between 0.63000 and 0.6330. If we open the order to buy now, we must put our stop loss below 0.9290 to allow for price fluctuations.
If tonight price close below the area that we mention at the chart we can open sell trade ,but it is risky also we can wait to price goes to higher price then we have to find the place for short.
Its good place for long trade .we need to set minimum 100 pips stop if we want open long trade .
We are waiting to price rich to higher level then we need to find good place for short trade.
There are two scenarios for this currency pair. First, we have the possibility of the price reacting to the upward trend line that we have shown in green, which may increase the price again, and in the second scenario, we consider that after the trend line breaks and if the price crosses the 0.8874 area and stabilizes the price, which includes a pullback, you can...
There is an opportunity to buy gold that we have to see the price come back to the area that we showed.
We have a clear triple top; therefore, if the price goes up again, I showed in the chart that we can go for a short trade.