NordicForexHub

NordicForexHub

GBPUSD has all the perfect reasons to make a sharp move down. From here I will look only for short entry setups on a smaller time frame and ignore any move up. SELL from 1.2810 with SL 1.2900 and TP 1.2700, 1.2600

NordicForexHub

GOLD is in Strongest Resistance Level Ever and going for long down. the reason behind this is COVID-19 Pandemic. If there is any crisis, gold always go bullish like it happened in January for IRAN-USA issue. SELL GOLD AFTER MARKET OPEN SL# 1930 TP# 18020 Reason: 1. Strongest Resistance Level. 2. Overbought situation.

NordicForexHub

We may see a slight short in Gold to around the 1800 mark, but I think after this it's going long. Entry: 1796 SL: 1790 TP: 1810

NordicForexHub Updated 

Its difficult to say anything about GOLD. but, Now its a high opportunity to go for short sell on GOLD towards 1751. The SL should be 1819 and if 1819 breaks, it may lead gold to 1850 and 1880 as well. Use proper Money Management.

NordicForexHub Updated 

Here's an idea on the GBPJPY pair, the pair is currently trading in an ascending triangle within a bigger ascending channel on the D1 chart the ascending triangle could be a signal for continuation on the pair. looking for a continuation to the upside and for the ascending channel to hold and continuation with the bulls. Signal: Buy after market open from Current...

NordicForexHub Updated 

USDCAD still now in an ascending channel and waiting for confirmation. If USDCAD reaches to 1.3750, We will get a huge opportunity to sell USDCAD with SL 1.3850 and TP will be 1.3350.

NordicForexHub

Generally, NAS100 is uptrend for a longtime. considering current situation, we are expecting a double top rejection. Therefore, now its time to wait and look for the opportunity to sell.

NordicForexHub

EURUSD is looking for a dropping opportunity. Take Profit will be 1.1185 with SL 1.1375. Considering Fundamental news, we can see last week ISM Non-Manufacturing PMI was good (57.1) and JOLTs Job Openings were 5.39m which was good as well. Therefore, we are expecting a drop on EURUSD

02:49

NordicForexHub

Forecasted interested rate is 0.25% which is same like it was for past three months. Today I am expecting the bank will keep the interest rate same as well and the GBPAUD will complete its final wave. Sell GBPAUD now from Current Market Price with SL 1.8023 and TP can be 1.7690 or 1.7700

NordicForexHub

GBPUSD is waiting for reversal now. It will go for a short sell aftermarket open and buy for long from the bottom.

NordicForexHub

If we look at timeframe H4, we can see, Gold still need to complete its final wave towards 1800. Therefore, a pending sell from 1780 will be a nice idea and hold till 1734.

NordicForexHub Updated 

GBPUSD is now completing its final wave and getting ready for a reversal. We are expecting a uptrend till 1.2530 after reverse.

NordicForexHub

EURUSD is making a bearish flag. therefore, we are expecting a down trend after breakout till 1.0880

NordicForexHub Updated 

NZDUSD is creating a short cypher pattern. Very much possible to go up from 0.6400. Please maintain good money management.

NordicForexHub Updated 

Good reward and risk ratio.

NordicForexHub

A sell order can be placed from 1775-1780 with SL 1800. The price already bounced from 1780 once. therefore, expecting a downtrend now. GOld Sell Limit 1775 SL# 1800 TP# 1734

NordicForexHub

Right now, Gold is in a very very strong resistance level. It tried to break this level before but failed and we can see yesterday it tried three times as well, but failed! We are looking for long term Sell. Reason: 1. Failed to break Resistance Level. 2. Created a Cypher Pattern. 3. Very good Risk: Reward Ratio (1:9)