Time Frame: 4H Symbol: XAUUSD Bias: Short For XAUUSD our goal is to sell now going against its own trend . The logic behind this trading against trend is that the trend drawdown for this pair is comparatively bigger and a trader can exploit volatility of trend drawdown easily.
Time Frame: 4H Symbol: USDCHF Bias: Long USDCHF is is trying to break out from its price zone. The current price level is showing a propensity to move upward. Though there is a slight fall yesterday. The fall may not last longer and the price level will return to its own position.
Time Frame: 4H Symbol: JPYUSD Bias: Neutral We do not see any strong or high probability set up for this pair. We are to wait for a better time.
Time Frame: 4H Symbol: GBPUSD Bias: Long The pair is trending up and we are going for long position considering the dynamic support and upward propensity of the price patterns.
Time Frame: 4H Symbol: EURUSD Bias: Short The price of EURUSD is touching the resistance and there is a greater possibility of bouncing back to the support level. We are biased short here.
Time Frame : 4H Symbol: XAUUSD Bias: Short The price of gold is trapped in a range but the oscillations between support and resistance levels show a positive expectation for shorting and therefore we are planning a short trade.
Time Frame: 4H Symbol: USDCHF Bias: Neutral The price pattern of this pair does not support any directional bias for the time being. So we stay neutral here .
Time Frame: 4H Symbol: JPYUSD Bias: Neutral For this pair we are neutral. We do not have any strong bias for this pair. We are watching over it. If any positive expectation comes into play ,we will definitely update. Thanks .
Time Frame: 4H Symbol: GBPUSD Bias: Long For GBPUSD we are going long and we expect a nice long move from the price congestion and upward direction. Considering the dynamic support and resistance , we can expect a long position.
Time Frame: 4H Symbol: EURUSD Bias: Short This instrument is demonstrating a nice short trend. We can go for a short position here as the price is oscillating between two extremes.
Time Frame: 4H Symbol: XAUUSD Bias: Short For gold we are planning to short considering the support and resistance. The overall price is trending down and the possibility to move down is greater here.
Time Frame: 4H Symbol: USDCHF Bias: Neutral The price pattern of USDCHF is showing a neutral bias. We do not see any high probability price oscillations here where we can position for a high probability entry.
Time Frame: 4H Symbol: JPYUSD Bias: Neutral We are neutral for this pair. There is no significant pattern to trade the market.
Time Frame: 4H Symbol: GBPUSD Bias: Long The dynamic support and resistance of this instrument is clearly showing a long bias. A bounce from the dynamic resistance might open up a good opportunity for a long position.
Time Frame: 4H Symbol: EURUSD Bias: Short For this instrument we are planning short as some changes are noticeable and the current price movements are more weighed towards downward direction. Therefore,we are biased for a short time short momentum position.
Symbol: 4H Symbol: XAUUSD Bias: Long For Gold we are expecting a long position. The dynamic support is still in strength. We can take advantage of the price oscillation between two extremes of support and resistance.
Time Frame: 4H Symbol: USDCHF Bias: Long The bias for this instrument is long though it depends on the upside move . If the price does not move beyond resistance level , we do not have any strong optimism for the long entry. However, we can position long with enough precaution.
Time Frame: 4H Symbol: JPYUSD Bias: Neutral We do not see any explicit evidence of directional bias. Though the market is trending down, the trend is very weak and we are still not sure about any strong move.