JayaFxTrading

JayaFxTrading

hello, Gold is in consolidation but the direction of the next move will depend on which way the consolidation zone breaks. If the zone breaks to the lower side, Gold will fall to 2150 in my opinion. I wish everyone to trade safely.

JayaFxTrading

Once again by trend analysis, we can see that a bearish candle has formed in Euraud at the trend line resistance. This can mean that short entries in Euraud will now be valid and target can be the 1.43 level for the sellers. Of course, it is important to have a stop loss to limit potential losses

JayaFxTrading

A cup and handle formation can be seen on the daily chart and ETH could make a strong breakout of the 4000 level and go towards the 6000 level.

JayaFxTrading

Bitcoin could possibility be going for a double top formation which might offer resistance to the bulls. If the double top works, bitcoin could drop to 60k area once again.

JayaFxTrading

CADJPY has retested the broken support zone at 90.33. Now, further decline is expected till 89.60

JayaFxTrading

EUR/JPY has reached the supply zone just below 131 mark but it has not broken through the resistance area strongly. So, it will drop to the 129 level soon. This is a good area to to sell with low risk and high reward.

JayaFxTrading

Strong CAD has been the reason for a big fall in GBP/CAD. But, the price is slowly recovering now and soon it will go up from the support. A uptrend to 1.75 level is expected

JayaFxTrading

In the daily chart, NZD/USD has formed a big doji bearish candle. Price might drop below 0.7100 this week. Would prefer to sell the rallies.

JayaFxTrading

GBP/AUD is moving inside a price channel which is pretty straightforward. Price is currently moving up from the support line. A rise till 1.8270 is expected as price reaches the resistance line of the channel.

JayaFxTrading

GBP/CHF rising from the support level. Expecting a big rally in the next trading days as swiss franc gets weaker and british pound stabilizes. So, expect an uptrend from the current level to 1.30 or more

JayaFxTrading

This is simple sell set-up for EUR/JPY. Price has reached an area of supply and now it has reversed. So, a gradual fall to the level of demand near 128 is expected. This is a good opportunity to sell this

JayaFxTrading

If resistance is uncleared, EurJpy may drop to 128.30

JayaFxTrading

Buy idea for GbpUsd. Price may reach 1.3920

JayaFxTrading

wait for better sell entry in EURJPY. 131 is a good entry for sell after sl hunt happens.

JayaFxTrading

One more spike and then a big correction for EURUSD. Waiting for entry

JayaFxTrading

NZDJPY sell set-up as indicated in the chart. 120 pips profit potential

JayaFxTrading

AUDJPY triple top formation. Sell set-up with big profit potential till 80

JayaFxTrading

GBPUSD buy set-up from double bottom.