PropSignals

PropSignals

**Monthly Chart** After bouncing from monthly low levels in Dec 2023, DXY moved to balance the IPA (or FVG), only to pause at around 104 level. Last month candle closed bullish after testing mid-way of Imbalance candle of Nov 2023. However, this month candle which is still active, opened at around 104 and started moving lower suggesting a weaker DXY. The...

PropSignals

**Monthly Chart** USDJPY broke the high of August 1998 and moved higher in Oct 2022 which created a new swing high at around 150 level before drifting lower. This created a new strong level since then and the price was unable to break above it. Additionally, the price created a new MC in Nov 2023 and the price moved towards it and currently testing it. **Weekly...

PropSignals

**Monthly Chart** Last month's candle closed as bullish. GBPJPY is currently moving toward 195 level which is the swing high of June-Aug 2015. The pair is extremely bullish. However, we might see a strong reaction near the mentioned strong monthly swing high. Therefore, the price will have one more push-up before it reverses lower. **Weekly Chart** Last week's...

PropSignals

**Monthly Chart** UKOIL last month candle closed bullish after it tested the demand zone in Dec 2023 around 70 levels. This suggests a continuation of the bullish trend at least to test the MC around 95 level. **Weekly Chart** UKOil weekly chart shows bullish momentum although it has been moving in consolidation mode for the past three weeks. Last week's candle...

PropSignals

**Monthly Chart** Last month's candle closed Bullish suggesting the trend to continue moving higher towards testing MC level of Oct 2023 at around 90 level. **Weekly Chart** The Weekly Chart shows that USOil is in the long-term range between a High of 93 and a low of 68 levels. Last week candle also closed bullish suggesting a continuation of the bullish wave to...

PropSignals

**Monthly Chart** Last month's candle (Feb) closed as a pin candle (indecision) after sweeping all buy stops. This monthly candle (March) opened near the close of last month's candle and started moving higher towards retesting the historical high. **Weekly Chart** Last week we had a sharp move to the upside on 29th Feb 2024 as expected in my previous weekly...

PropSignals

**Monthly Chart** Last month candle closed inside a bullish candle suggesting a move to test the Monthly manipulation candle (MC). This looks a picture-perfect as the DXY chart. However, USDCAD is still moving within a range. On 12th Feb we had a good selling opportunity for 145 pips which hit our target price at 1.33734. **Weekly Chart** USDCAD paused near the...

PropSignals

**Monthly Chart** XAUUSD long-term bias is still Bullish. Last month's candle closed as a bearish candle. However, it has a long wick on the downside. This confirms a continued move to the upside. XAUUSD looks bullish to me until it breaks 2000 level and below. **Weekly Chart** XAUUSD long-term directional bias continues to be bullish after bouncing from 1985...

PropSignals

**Monthly Chart** Last month's candle closed as bullish but within the range of the previous monthly candle. This month (Feb 2024) started moving higher and then retraced to the liquidity pool of Nov 2023 and started moving lower. **Weekly Chart** Last week's candle closed bearish after the previous week's key reversal. This pattern provides a strong direction...

PropSignals

**Monthly Chart** Last month's candle closed as a bullish within the range of the previous swing. This month candle opened from the low and started approaching the high of the previous month. **Weekly Chart** Last week candle closed bullish and now moving towards equal weekly highs level around 80 levels. A strong reaction around this level is...

PropSignals

**Weekly Chart** After the Ring Low formation on 25th Dec 2023 weekly chart, the USDCAD moved higher creating bullish weekly candles for 6 consecutive weeks. This is a strong confirmation that Ring Low formation near demand zones plays a critical role in higher time frames. **Daily Chart** A similar Ring Low formation appeared on Daily Chart. USDCAD is still...

PropSignals

**Monthly Chart** Last month candle closed as a bullish candle after testing the equal low. This month's candle opened within the range of last month's candle and started moving higher only to test the high of the month and move lower. The next target on monthly is at 1.8000 a Key number. **Weekly Chart** Last week moved slightly higher just to test midway of...

PropSignals

**Monthly Chart** Last month closed as a manipulation candle suggesting a continued bearish movement. The next target is around the 0.62700 level. Any short-covering rallies will be a selling opportunity in lower time frames. **Weekly Chart** The directional Bias on the weekly timeframe is bearish, the pricing is making higher lows and lower lows as it moves...

PropSignals

**Monthly Chart** On the monthly chart, it has been moving in a narrow range for the last two months. In addition, Feb candle opened within the range and started moving lower after it tested the monthly high. All this suggests a move lower next week at least to test the liquidity candle low around 1.2200 level. **Weekly Chart** Last week candle also closed as...

PropSignals

**Monthly Chart** XAUUSD long-term bias is still high. Last month's candle closed as a bearish candle. However, it has a long wick on the downside. This confirms a continued move to the upside. XAUUSD looks bullish to me until it breaks 2000 level and below. While I am still looking for buying opportunity. **Weekly Chart** Last week XAUUSD started moving lower...

PropSignals

This is inline with last week, USDCAD didn’t have much of movement and consolidated near supply zone with additional MC created on the daily. Given that USDCAD is moving in consolidation range for the past two years. It provides an indication to look for selling the highs and buying the lows. Therefore, I am still looking to sell near the supply zone and buy near...

PropSignals

Monthly Chart There is an inverted Head and Shoulder pattern created on the monthly chart. This suggests that the trend has shifted and now moving higher. This also provides a directional bias to look for buys. Weekly Chart The inverted H&S pattern is much clearer on the weekly chart, plus there were additional low-risk entries created on the right shoulder and...

PropSignals

Similar analysis of last week and since the market didn't move much on higher time frames. The directional bias of AUDUSD still bearish. A new rally will be consider as a selling opportunity.