We can see by this 4HR chart this level has been rejected multiple times, we feel here is a good area for a short term BUY order up to the top of the trend. Good Luck!
Here we find Gold at the top of a decending trend line. Reaching an 8 year high and with a forecasted weak U.S data, we will be taking our position short from this area.
With a longer term downward trend, as we near the end of this wedge formation we expect CHF to break down against the dollar. With U.S jobless claims this afternoon we remain cautious around the trade but with figures expected to be less that great the U.S we will enter the trade short from here. Good Luck!!
We can see here the price has clearly rejected this level multiple times. This is a strong area to go long on an Intra day basis.
Here we can see a clear support zone coupled with an intraday uptrend. We will be taking the trade long from this level. Good luck. Orion Trading Team
We can see all previous failed attempts to break this bottom level. We will enter now long. Over sold and strong technical reversal.
We can see the upward trend forming here on the 30 minute time frame. We have entered long from 0.979000 level. The par is also low on the daily time frame for a longer term hold.
This presents both a short and long term long/buy entry from this area, we can see the pair on the daily charts is oversold which will attract buyers, further more the chats have formed a double bottom. We will be entering long from this area.
As we can see the price on the intraday market has rejected this level multiple times, with relatively low volume in each currency we expect a clear push for 400-500 pips. We have entered long and will hold for the upside.
After a large daily advance from the Dollar, we believe USD/CHF is due to retrace from this level. A strong sell opportunity.
The last few days Gold has rallied up against the dollar, we no find the pair at previous high. I pull back is expected on the short term. A day trading Sell has been placed around the current level. "Short Short Term" After a pull back with a good trend behind it we may then see gold continue to advance. Daily Free Trade Ideas www.orionfxmarkets.com
Over a long period of time this has been a clear reversal area for the Euro. With the Euro now at a 33 month low with a weak economic outlook for the European Union (with fear and speculation surrounding the impending effects the coronavirus will have on the economy). We now look at taking a long trade on a short term basis. GBP also suffered against the YEN and...
We can see clear rejection off the 1.30 lower level here, With the bank of England Interest rate decision due this afternoon, and rates forecasted to remain unchanged at 0.75%, we could see some Sterling strength pushing back towards 1.31. We will be monitoring the chart and look to enter long. Check out all of our trade ideas here. t.me/orionfxlive
With a clear daily trend channel formed and a key level of 1.10000 as support, we believe our buy order entry area is still strong and valid. We continue to hold our position and await the upside.
We have entered long on EUR/USD for 200-300 points.
After some GBP weakness and an JPY/USD advance down, we are looking at this long trend trade set up.
As the daily price has move directly down towards our trend line a clear long order is emerging, with the daily channels clearly defined we will be entering long around the 0.68500 level. The US/ Iran saga is something to consider within this position. Remember to use good risk/reward ratios. Check out all our in depth analysis and trade ideas here...
NZDCAD has been in a long term up trend for 2019. It has more recently posted a triple top and a lower low. There is good resistance around current price, a turn here would mark a lower high and the beginning of a potential new down trend.