Learning_Forex2020

Learning_Forex2020

A huge momentum of selling pressure, ending the week with a bearish engulfing candle might signal a trend reversal.

Learning_Forex2020

I think a Monthly breakout is more likely than not. EURO and JPY will continue to suffer.

Learning_Forex2020

I can't see any reversal or any kind of strength in the chart. EURO is more likely to continue the pain till the 1.05000 Parity

Learning_Forex2020

We see a huge sell off which is indicative of trend reversal compared to a consolidation which is slow and does not have that strong bearish momentum. Also the 10 Year German bond Yields turning positive for the first time in 3 years since 2019 and a hawkish tone from the ECB. We see also Bitcoin started to bottom which inversely correlated with DXY whenever the...

Learning_Forex2020

The couple of weeks will determine if that support holds or not. if it closed below support then a retest will be a very good trade for short.

Learning_Forex2020

Hey Guys, We see he AUD ended it's choppy ABC correction and now started wave 1 as a continuation of a bigger trend

Learning_Forex2020

The bank Has to intervene otherwise it will keep going down

Learning_Forex2020

EUR/CHF is extremely weak. ECB made no rate hikes, we will see the DXY breaking to the upside making the EURO too vulnerable against the CHF.

Learning_Forex2020

Hey Guys this is a really good trade if you are holding for the long term or swing trading. GBP is strong now. BOE hiked interest rate by 15 basis points while NZD is weak as they want to maintain loose monetary policy and no anticipated rate hikes making GBP/NZD bullish unless anything changes.

Learning_Forex2020

It will be one of the best trades to buy around 95.000 (or less) if price actions shows so and fundamentals are still the same which is weaker EURO into 2022 as there's no rate hikes.

Learning_Forex2020

Hey guys EURO seems to be very week coming in the next year as there's no rate hikes.

Learning_Forex2020

Hey Guys just an update it looks to me a bear flag more than anything else but it all depends on the DXY next week if it's weak then EUR is more likely to break and retest1.14000 for a long trade. Technical lead fundamentals follows. follow price action at the 1.14000 level

Learning_Forex2020 Updated 

Fundamentally EURO is bearish as there's no rate hikes, dollar on the other hand is bullish but due for a correction. it all depends on price action at the 1.14000 level if we see change of character or 4 hour bearish engulfing candle will be a good entry .

Learning_Forex2020

Fundamentally NZD is bearish and CAD is bullish. NZD GDP contracted on the last print with no potential rate hikes. CAD on the other hand is bullish as markets are now pricing in the expected rate hike in January. Also Oil pricing rising lifting the cad with it, Dollar is correcting which gives the CAD even more strength. Technically NZD/CAD broke a critical...

Learning_Forex2020

Hey guys, this is an example of a trade i took. A strong order block has to have a last bearish or bullish engulfing candle that engulfs almost the whole previous candles in the order block and break structure.

Learning_Forex2020

Technically we have a strong bearish trend on the NZD against the CHF. This level highlighted in green is critical if it broke which is more likely than not. Entering a short position on a retest is a good trade. Fundamentally NZD is bearish as their GDP contracted from 2.4% to -3.7% so it's more likely that they want to maintain loose monetary policy to boost their GDP