Eurcad seems to be moving within a ascending channel in the H1 and H4 timeframe possible uptrend. Good risk to reward on longs. Support and resistance areas are shown in the image. Look for buying opportunities.
AU200 H1 possible head and shoulders pattern forming where price may move downwards. keep an eye out for sell positions. apply necessary risk management.
XAUUSD D1 price has is currently moving within a range of 1760 - 1796. Both being psychological levels of support and resistance respectively. Look for a possible breakout above 1796 to go long or look for price rejection to the upside and look to go short.
Possible short term uptrend. minor down trendline break and closing of bullish engulfing candle suggests price could move up at the moment although overall it has been in a down trend. Still key support zones in place incase price continues to move down. Apply Necessary risk management.
BUY @ current market price. SL @ 86.900
Tp1 @ 87.140
Tp2 @ 87.235
Tp3 @ 87.385
EU H1 possible longs with great risk:reward . Price made a new low at 1.18934 on 5 March. Possible bullish reversal and bullish momentum could build and price could continue to rise. Confirmation will be the break of the downtrend trendline.
Buy at market price 1.19059 - 1.19140
SL @1.18880
Buy stop 1 @1.19350
Buy stop 2 @1.19600
Tp1 @1.19280 - 1.19330
Tp2...
GbpAud has completed its downtrend. Price broke the December 13 low @ 1.74254 and made a new low on 7 Jan @ 1.74126 which now acts as new support. Price has since been getting rejected from the lows and momentum moving price upwards. Price broke key resistance @ 1.75000 and pull backed testing this restance turned support. Market closed with a bullish candle...
US30 currently trading in a slight consolidation/range between 30156.3 - 30306.1 in H1 TF. Price made a low yesterday @ 29888.6 and candle closed with a doji signaling a possible bullish reversal. New higher formed support @ 30156.3 which also suggest a continuation upwards and a possible HH may be made today.
Buy stop 1 @ 30290 - 30300
Buy stop 2 @ 30349.2...
GBPJPY has made a reversal from a downtrend in H1 and H4 TF, price has made two higher lows on 21 Dec @136.970 and 22 Dec @138.002. The down broken the down trend line was broken @138.740. Look for buy positions at retest of resistance which now is new support. Buy in the price zone 138.623 - 138.740/800 and go long. Tp1 @139.127 Tp2 @139.530 Tp3 @140.452 SL...
HEAD AND SHOULDER POSSIBLE FORMATION ON H1 TF. POSSIBLE REVERSAL IN PLAY. NEW HIGHER LOW SUPPORT @ 13235.1 . PRICE MAY MOVE UPWARDS AND MAKE A HH @ 13520 - 13523.5.
IF BULLISH ENGULFING CANDLE FORMS AND PRICE CLOSES ABOVE 13274.5 - 13280, CONSIDER BUY POSITIONS FROM 13290 - 13300. TP1 @ 13395.0
TP2 @ 13437.9 - 13445.0 . TP3 @ 13524.4. SL @ 13240
IF MARKET...
SELL LIMIT @12650 TRIGGERED. PRICE IS CURRENTLY TRADING AROUND 12610. SLIGHT CONSILDATION MIGHT OCCUR. BREAK BELOW 12600 WOULD SIGNAL MORE BEARISH MOVEMENT. LOOK FOR MORE ENTRIES. USE SELL STOPS OR SELL LIMITS NECESSARY.
US NAS 100 MADE A DOUBLE BOTTOM ON 10 DEC AND 11 DEC RESPECTIVELY MAKING A NEW MONTHLY LOW @ 1220.0. PRICE MOVEMENT HAS BEEN IN AN UPTREND SINCE THEN BREAKING ALL PREVIOUS SUPPORT ZONES THAT TURNED RESISTANCE.
PRICE IS CURRENTLY TESTING RESISTANCE AT 12610 - 12620. IF PRICE BREAKS ABOVE THIS AREA, IT MIGHT LIKELY TEST THE 9 DEC HIGH @ 12676.2 PRICE REJECTION...
AUDJPY price made a new high at @78.560. Pull back inevitable. Great risk : reward ratio for shorts. Sell AUDJPY @78.500 - 78.400. If H4 candle is engulfing and price closes below 78.390. that will confirm bearish movement. Tp1 @78.325 , Tp2@ 78.220 , Tp3 @ 77.900
EURJPY H1 Sell setup/shorts. Price trading close to key resistance zone on H1 TF. Momentum running out, price might attempt a double top and test previous high before declining. Insert sell limit @ 125.050 - 100. Sell at current market price 124.950 - 850. Applying proper risk management. Tp1 @ 124.700 Tp2 @ 124.500 SL @ 125.200
