NationForexSignals

NationForexSignals

Time Frame: 4H Symbol: GBPUSD Bias: Short The price action of the current symbol suggests a clear down trend and we are very hopeful that we can utilize the current pattern to accumulate some pips. Aggressive trading is not highly recommended.

NationForexSignals

Time frame: Daily Symbol: EURUSD Bias: Short For this instrument we are planning short. If we look at the dynamic resistance created from the applied moving averages, it will be explicit that we can get a short bias in the short term.

NationForexSignals

Time Frame: 4H Symbol: XAUUSD Bias: Neutral We do not see any special bias for XAUUSD as the instrument is stuck in a range. We need to wait further to get a high probability set up.

NationForexSignals

Time Frame: 4H Symbol: USDCHF Bias: Long The price pattern of the instrument suggests a bullish pattern in the short term. Considering the support and resistance of the current price action, it is evident that there is a medium probability of upward move.

NationForexSignals

Time Frame: Daily Symbol: JPYUSD Bias: Short The congested price pattern of JPYUSD shows its inherent weakness and dependency to US Dollar. There is no hope of strong price move until dollar moves in any direction. However, considering the nearest support and resistance and price pattern, we are in favor of shorting .

NationForexSignals

Time Frame: Daily Symbol: EURUSD Bias: Short Cable is going down as we see a clear down trend from the dynamic resistance generated from the simple moving averages of 30,50 and 100. As we are totally biased for short, we project and plan a short trade but there is also a scope of strong very short term upward swings. As a wise trader, a proper money management...

NationForexSignals

Time Frame: Daily Symbol: EURUSD Bias: Short Considering the dynamic support and resistance of this instrument , we are planning a short entry. As the dollar is stronger against euro this week, we can fundamentally choose a short entry . Special precaution should be taken to utilize the opportunity because the trade setup is a high risk one.

NationForexSignals

Time Frame: Daily Symbol: XAUUSD Bias: Long Gold is trending up in a short term. The price pattern is demonstrating a display of uncertain price oscillations but the propensity to move up outweighs the propensity to move down and that is the major reason we are projecting a long trade for gold.

NationForexSignals

Time Frame: Daily Symbol: USDCHF Bias: Long USDCHF is in a rangebound situation. The pair is taking strength bit by bit to move up. The upward momentum indicates a strong dollar . As we see the pair is tilting up and gathering some strength to shake up the CHF ,our expectation to long the instrument will hold water. We are therefore projecting a long entry.

NationForexSignals

Time Frame: 4H Symbol: JPYUSD Bias: Neutral For JPYUSD we are neutral today and do not explicitly see any strong bias. Let's wait for more price corrections.

NationForexSignals

Time Frame: 4H Simbol: GBPUSD Bias: Short The price pattern of GBPUSD has an indication for a short trade. Considering the dynamic resistance that continues over a several weeks, we clearly see that we can get a high probability short trade from the current price projections.

NationForexSignals

Time Frame: 4H Symbol: EURUSD Bias: Short For EURUSD, the opportunity lies in shorting . As the overall price pattern unfolds a short pattern, we are more interested in looking for a selling position .

NationForexSignals

Time Frame: 4H Symbol: XAUUSD Bias: Short The established bias for gold is short now. There is an opportunity in shorting. With proper money management , we can catapult a nice trade out of gold dollar. Let's see what the momentum and price action says .

NationForexSignals

Time Frame: Daily Symbol: USDCHF Bias: Long It is a well recognized idea that history repeats itself. The idea is truly applicable here now. The current price pattern is suggesting a long trade which derive from a historical bias. If taken with caution, it may turn out to be a profitable high probability trade.

NationForexSignals

Time Frame: 4H Symbol: JPYUSD Bias: Neutral For today we do not project any signal. There are several reasons, specially low volatility and weekend . Hopefully we will project a few good trades in the weeks ahead.

NationForexSignals

Time Frame: 4H Symbol: GBPUSD Bias: Neutral For this pair we do not see any hope today. We are planning for the next week. As this is December and there is a possibility of declining volatility, we are not very optimistic.

NationForexSignals

Time Frame: 4H Symbol: EURUSD Bias: Neutral As market is closing today, we are not very confident about the moves in either direction. Holding position is also not wise as there may be a sudden disruption due to fundamental factors.

NationForexSignals

Time frame: 4H Symbol: XAUUSD Bias: Neutral Gold is ranging for a few days. We are still not very optimistic for gold ,specially for strong move to create a new bias.