Pro-Trading-Africa

Pro-Trading-Africa

The Dow Jones Industrial Average and S&P 500 Index just suffered five straight days of losses and their worst weekly performance since wait for it June. www.cnbc.com We taking this trade based on TECHNICAL ANAYSIS and FUNAMENTAL ANALYSIS, We expecting the pair to CLOSE the GAP before a Bullish continuation. Please use proper risk management depending on your...

Pro-Trading-Africa

The New Zealand Dollar (NZD) rallied on Friday against the Swiss Franc (CHF) known as a safe haven currency because liquidity tends to move away from the Euro-zone and into Switzerland during times of economic uncertainty. We taking this trade based on TECHNICAL ANAYSIS and FUNAMENTAL ANALYSIS, We expecting the pair to re-test the key support levels listed on...

Pro-Trading-Africa

As we can see, USDCHF formed a Descending Triangle on a H4 and Daily Time Frame, and there was a break out to the upside, we expecting a bullish continuation (Three white solder candle stick formation ) We taking this trade based on technical analysis and price action. (1) DO NOT ENTER ANY TRADE BEFORE THE ENTRY LEVEL (2) USE YOUR STOP LOSS (3) DO NOT HOLD A...

Pro-Trading-Africa

As we can see, EURAUD has retested the Lower trendline of an ascending channel on the H4,also the pair has formed a bullish flag, We expecting the pair to re-test the level listed on the chart, wait for a reversal confirmation before entry. We taking this trade based on technical analysis and price action. (1) DO NOT ENTER ANY TRADE BEFORE THE ENTRY LEVEL (2)...

Pro-Trading-Africa

As we can saw, USDCAD declined on Friday following the Fed Chair speech. Support is seen near the 200-day moving average at 1.2545. We expecting the pair to re-test the support level 1.25533 or the major support level 1.264956 before a bullish continuation. We taking this trade based on technical analysis and price action. (1) DO NOT ENTER ANY TRADE BEFORE THE...

Pro-Trading-Africa

As we can see, GBPAUD broke the Lower trendline of an ascending channel on the H4, We expecting the pair to re-test the level listed on the chart, before a retest on the Lower trend line. We taking this trade based on technical analysis and price action. (1) DO NOT ENTER ANY TRADE BEFORE THE ENTRY LEVEL (2) USE YOUR STOP LOSS (3) DO NOT HOLD A LOSS FOR MORE...

Pro-Trading-Africa

As we can see, EURJPY bounced from the 129.616 level of an ascending channel on the H4, we expecting the market to retest the support level listed on the chart, before a bullish continuation. (EURJPY is bullish on the long-term outlook. The bears have been dominating the EURJPY market for more than three weeks) We taking this trade based on technical analysis...

Pro-Trading-Africa

As we can see, EURCHF bounced from the upper trendline of a descending channel on the H4, we expecting the market to retest the support level listed on the chart, We taking this trade based on Candlestick patterns and price action. (This not a long term trade) (1) DO NOT ENTER ANY TRADE BEFORE THE ENTRY LEVEL (2) USE YOUR STOP LOSS (3) DO NOT HOLD A LOSS FOR...

Pro-Trading-Africa

As we can see, GBPCAD broke the Lower trendline of an ascending channel on the H4, it bounced from the new support Level . We expecting a Bullish continuation to re-test the level listed on the chart. We taking this trade based on technical analysis and price action. Please use proper risk management depending on your account size, Use lot sizes based on these...

Pro-Trading-Africa

CAD/CHF rallied on Monday AFTER the recent slump in crude oil prices, the commodity-linked loonie (CAD - Canadian Dollar ) We expecting the pair to re-test the key support levels listed on the chart, We taking this trade based on technical analysis , Fundamental and candlestick patterns. Please use proper risk management depending on your account size, Use lot...

Pro-Trading-Africa

As we can see the pair ( NZDCHF ) has formed a Bullish falling Flag or Bullish falling wedge on the 4 hour time 4Hour and Daily Time frame, The pair is resting on a strong support level , we expecting a retest of the levels shared on the chart. Please enter the trade from the ENTRY LEVEL. We taking this trade based on technical analysis and price...

Pro-Trading-Africa

USD/CAD rallied on Friday to the highest level since December 2020, further beyond 1.2900, This was due to the recent slump in crude oil prices, undermined the commodity-linked loonie (CAD - Canadian Dollar), We expecting the pair to re-test the key support levels listed on the chart, due to uncertainty on the financial ( Afghanistan ) before a BULLISH...

Pro-Trading-Africa

As we can see the pair ( NZDCHF ) is moving in a descending channel on the 4Hour and Daily Time frame, the pair has bounced from the support level and lower trendline of the descending channel , we expecting a retest of the levels shared on the chart. Please enter the trade from the ENTRY LEVEL. We taking this trade based on technical analysis and price...

Pro-Trading-Africa

As we can see the pair is re testing the upper trend line, there is a huge resistance at the level 109.316. (LONG TERM TRADE) We expecting the pair to bounce from this level 109.316. before a BULLISH continuation. We taking this trade based on technical analysis and candlestick patterns. Please use proper risk management depending on your account size, Use...

Pro-Trading-Africa

As we can see , there was a Breakout from the lower trend line, plus a small rest, we expecting the market to re-test the levels listed in the chart before an uptrend to re-test the lower trend line. We taking this trade based on technical analysis and Pivot Points. Please use proper risk management depending on your account size, Use lot sizes based on these...

Pro-Trading-Africa

As we can see the pair broke the upper trendline of a descending channel, We expecting the pair to re-test the key support levels listed on the chart, before a BULLISH continuation. We taking this trade based on technical analysis and candlestick patterns. Please use proper risk management depending on your account size, Use lot sizes based on these...

Pro-Trading-Africa

The US30 otherwise known as the DJ30 or just Dow is a price-weighted stock market index that measures the performance of the 30 largest publicly owned companies listed on the New York Stock Exchange. We saw a spike after Disney's strong earnings on Friday, Disney jumped 4.6% in premarket trading after it topped Wall Street expectations for quarterly earnings as...

Pro-Trading-Africa

As we can see the pair broke the upper trendline of a descending channel, The dollar rose sharply on Friday, boosted by a strong U.S. jobs report, The report showed jobs grew more than expected in July. We expecting the pair to bounce from the new resistance level thereafter re-test the key support levels listed on the chart, before a BULLISH continuation. (WAIT...