Time Frame: 4H Symbol: EURUSD Entry: 1.14401 TP: 1.15656 SL: 1.13171 Bias: Long For EURUSD we are long. Our technical analysis reveals that the pair is about to reach a new price level crossing the current resistance level. it is a unique opportunity for the traders to seek a bullish breakout opportunity.
Time Frame: 4H Symbol: XAUUSD Entry: 1831.656 TP: 1860.808 SL: 1811.299 Bias: Long The price pattern of this pair is in a bullish . The moving averages and the oscillators are giving bullish signals . But the price level is close to the resistance level and can make a trend drawdown which can be a advantage for the dollar cost averaging . However, any...
Time Frame: 4H Symbol: USDCHF Entry: 0.92364 TP: 0.91227 SL: 0.93166 Bias: Short The price change of this instrument has a bearish bias . The moving averages from 50 to 200 are also not very strong in favor of long. The historical volatility and the correlation with basket of currencies are also not significant in favor of going long. So, we are to short...
Time Frame: 4H Symbol: JPYUSD Entry: 0.008666 TP: 0.008578 SL: 0.008723 Bias: Short For this instrument we are going short . Our technical and fundamental study reveals that the trend for going short will continue further and the short moves will result in a high probability sell signal.
Time Frame: 4H Symbol: GBPUSD Entry: 1.35635 TP: 1.37186 SL: 1.34374 Bias: Long For GBPUSD we are more interested in going long as the current overall market sentiment indicates a long bias. A closer look into the price patterns reveals a long bias considering the recent price action ,trends and dynamic support and resistances.
Time Frame: 4H Symbol: EURUSD Bias: Neutral We are neutral today for EURUSD. We believe that we have to wait a few days to get an edge in the market . We have considered dynamic levels of support and resistances and recent price patterns before our conclusion. Let's see how it appears in next few days.
Time Frame: 4H Symbol: XAUUSD Entry: 1827.270 TP: 1866.672 SL: 1802.125 Bias: Long For XAUUSD we are bullish as the pair is gaining strength after a quick trend drawdown, there is a greater possibility to go further up resulting in a good long trade.
Time Frame: 4H Symbol: USDCHF Entry: 0.92339 TP: 0.93376 SL: 0.91587 Bias: Long For USDCHF our multi-timeframe trendline analysis and divergence study show a bullish bias. However, the signal strength is not very strong. So, there is a signal of caution for the scalpers.
Time Frame: 4H Symbol: JPYUSD Entry: 0.008667 TP: 0.008564 SL: 0.008736 Bias: Short For JPYUSD we are planning a short trade . The logic behind this is the recent bearish market structure. Considering multi-timeframe trend studies, our analysts project a bearish projection for this pair.
Time Frame: 4H Symbol: GBPUSD Entry: 1.35449 TP: 1.37552 SL: 1.33917 Bias: Long For GBPUSD our bias is long. The current price action is bullish but the trend drawdown is big, so any trade should be taken with proper risk reward ratio.
Time Frame: 4H Symbol: EURUSD Entry: 1.14035 TP: 1.15798 SL: 1.12789 Bias: Long The price pattern of EURUSD reveals a significant long bias for the coming days. Considering the divergence and momentum of the instrument we have decided to go for a long trade. As the price is loitering at a resistance level, any trade should be taken with great care and...
Time Frame: 4H Symbol: XAUUSD Entry: 1818.235 TP: 1855.868 SL: 1790.732 Bias: Long The price of XAUUSD is in a bullish pattern. The price is tilting up bit by bit and this may continue further and go upto the next resistance levels creating a buying opportunity for the gold traders.
Time Frame: 4H Symbol: USDCHF Entry: 0.92376 TP: 0.93411 SL: 0.91674 Bias: Long The current price pattern of USDCHF suggests a bullish sign. Our study of of multitimeframe trend analysis show that the price will go up contrary to the major belief of going down. Considering the current market dynamics, we have decided to go for a long trade.
Time Frame: 4H Symbol: JPYUSD Entry : 0.008695 TP : 0.008582 SL : 0.008772 Bias : Short For this instrument we are going short. Our bias is short considering long and short term bearish price pattern. We expect to go for a short trade and continue till the touch of support levels.
Time Frame: 4H Symbol: GBPUSD Entry : 1.35154 TP : 1.37376 SL : 1.33787 Bias : Long An objective study of the chart and various timeframes show that the bias is bullish and there is a possibility to go for a good long trade. Any trade should be taken carefully and the trend drawdown may be significant, precaution must be there.
Time Frame: 4H Symbol: EURUSD Entry: 1.14242 TP: 1.15802 SL: 1.13109 Bias: Long The current market structure of the instrument is demonstrating a bullish pattern. After considering fundamental and technical studies, our analyses is biased for a long trade. As we see the current resistance level is about to get broken and price may penetrate the resistance...
Time Frame: 4H Symbol: XAUUSD Entry: 1812.405 TP: 1779.901 SL: 1836.926 Bias: Short The price pattern of XAUUSD is showing a bearish outlook and we are looking for a short opportunity for the time being. The trend strength is not very strong and it is going sideways most of the time . By considering our technical and fundamental study we are ready to run for a...
Time frame: 4H Symbol: USDCHF Entry: 0.92491 TP: 0.93441 SL: 0.91922 Bias: Long The current price action and technical analysis reveal a clear indication that we can go for a long trade. It is obvious that the price is rangebound and consolidated in a sideway market, but the trend is gaining strength bit by bit and therefore we are planning a long trade .