EUR/NZD is back into a major support area where we have seen strong buyers in the past,also our lower TF candlesticks are looking really exhaust, we can potentially see Buyers take over the market.
Possible sell then buy on the demand zone after BOS Confirmation..
I am expecting simple and clean price action looking for sell on Pullbacks confirmation, wait for it.
We can see strong sellers in the market once price break & close below $(138.00)
Buyers can potentially take back the market only if we break & close above
Lets wait for some confirmation.
GOLD, Rally is continue and pushing HH so wait for Pullback around $1720/1700 area demand zone for Next Trade Rides.
If price close below $1700 we can see price head lower back into $1650 support area.
Pay attention to price action.
USD/JPY, Potential short on UJ we had some fundamental from the BOF on Friday hiking rates, if we see the JPY gain strength this week we can see bears take over UJ,
Also the DXY showing weakness, pay attention to price action and look for some opportunities on UJ
US30 potentially short we can see price just broke structure around 32959 area and had retested on the lower TF we may potentially see some short term buyer before we move short, lets see what price action gave us keep and eye on US30
Would the dollar fall short from that support area?
Looking at the dollar from a technical view we are currently in & uptrend, we can see price is currently holding @ a major support area around $(109.69) area
if we see our H4 bar close below that support area we can potentially see price move back short into our 200 EMA.
if we keep hold of our support area...
GOLD, trade Looking For Reversal once market Swept sell Liquidity on the lower TF M15 OR M30, Waiting For Confirmation.
Last week we hit a weekly low on gold and we can see our support area has been respected with a daily bullish engulf candle close on Friday, we may potentially see price retrace on the lower time-frames
before we continue long on GOLD
US30, update we have seen price broke structure around $30829.3, resistance we are looking for a bit of retracement on the lower TF before we see price move towards the upside, possibly the opening candle might be the retracement pay attention to price action,
We have a bullish dollar index for the past year of 2022, i am waiting to see how price would react in the area,
we can potentially look for buy & sell opportunities, lets be patient and wait for price to give us some clear direction
GBP/JPY, 1 Hour TF I'm currently looking at price action on this pair to see how price react at $(168.71) area
Potentially short once price keep below $(168.71) we can clearly see price back into $(1666.00) support area
USD/ZAR Simple market structure & price action, i'm currently waiting for a Retracement before we look to go short
We are currently in a strong uptrend however we can clearly see that we are approaching a major resistance zone where we might see sellers take over the market,
CHANGE OF CHARACTERISTICS (CHOCH)
BREAK OF STRUCTURE...
In this Analysis we can see some buy, opportunity coming into to play on silver
watch it carefully and follow price action.
we can see price change characteristics
now we are looking for a break of structure to continue long keep and eye on the support area around $19.239, area.
keep and eye for price action and also your candlestick confirmation
Can Japanese authorities keep up their jawboning game strong or will the yen’s rally fizzle soon?
Yen pairs have been on the retreat, as Japanese officials have been dropping intervention hints left and right!
But how long can the currency keep this rally up?
GBP/JPY tumbled from the 168.00 handle but seems to be easing up on its decline, pausing to find some...
What to Watch: EUR/GBP
This busy trading week is off to a bit of a slow start, so I’m just looking at this simple trend play on the short-term chart of EUR/GBP.
The pair has formed higher lows and higher highs inside a rising channel that’s been holding all month, and it looks like another test of support is due.
Using the handy-dandy Fib retracement tool on the...
USD/JPY ASCENDING CHANNEL
Buy & sell chart given on USD/JPY
we can potentially see buyer push price
back into 139.77 resistance be fore we see sellers give us some correction on UJ
Let see what Will be Next Move.