TheDayzen

TheDayzen Updated 

We want to see the market on an H4 timeframe retrace to the 1.74 which is perfectly on confluence with the 0.618 FIB retracement and the previous support. We will monitor price action around this area and if everything remains bullish we will enter a new long position with a nice 1/3.5RR. I hope you enjoyed this analysis , like and share. I linked the previous...

TheDayzen

EUR/JPY just tested a strong support at the level of the lower trend line , also we are breaking a monthly resistance at the moment and if 4H candle closes above this level we will be seeing a huge bullish move to protect that new level of Support. EUR was in a consolidation period and I believe it's time to see some strong moves. From a COT perspective there is...

TheDayzen Updated 

Guys this is my idea about EUR/JPY , If you enjoyed the analysis like and share. If you have a different opinion I would love to hear about it in the comment area. Thanks, trade safe !!

TheDayzen Updated 

The price retested the support on 0.71800 and failed to break through it. we should monitor price at this level for the break of this level which would be considered a confirmation for entry to short NZD/USD. Only take entry on the retest of the support which will turn resistance in the event of a breakout. I've linked previous analysis for further references, if...

TheDayzen

EUR/CAD is in the last corrective wave before the continuation of the trend. We are expecting the market to provide to us a last impulsion to the upside. From a COT perspective the smart money added more long than short on EUR which aligns perfectly with our vision and give us more probability for a successful trade. I hope you enjoyed this analysis , Like and...

TheDayzen Updated 

On this Pair we are at the 5th wave which should have the market melt down to the next Daily support level. The environment is still bullish for the moment on a 4H timeframe so we need to wait for the market to break the previous resistance turned support and then we can look for an opportunity in shorting the market on the retest of that level with a good R/R of...

TheDayzen Updated 

GU to drop and go find the next demand zone. This is a nice 1/3.5 RR please comment below if you have a different opinion.

TheDayzen Updated 

This is a 1:3.6 RR , we expect the 5th wave to get completed with a short impulse and complete the pattern. If you liked this analysis leave a like. and make sure to comment below if you have a different vision for NZD. Thanks and have an amazing trading week.

TheDayzen

We were looking for a bullish gold in the previous analysis but for the moment we are looking at a tricky situation since we failed to break above the ascending weekly trendline. The trendline strongly rejected the price and we are on our way for another retest before either breaking it or getting pushed back to the downside. Also we have tested the 50% FIB on the...

TheDayzen

Guys this is my view on USDCAD for the moment, as we are approaching a supply zone around 1.30 we would like to see a nice bullish impulse. If you have a different opinion please share it in the comment area. Thanks and trade safe !!

TheDayzen

In US oil we are looking at a price that just tested the previous support turned resistance and that completely falls in line with the neckline of the M formation on the daily timeframe. In the Monthly timeframe we have a W formation that is forming and we would like the price to fall under the 49.70 The EMAs are already cut for short and the MACD shows that the...

TheDayzen Updated 

On this Specific Pair we are looking at a Market that is ranging on the Monthly timeframe, however down to the dayli timeframe, we are clearly on an ascending Channel and we can see that the market created a nice impulse to the upside by breaking the previous resistance that is now turned support and can be considered as our point of entry for this trading setup...

TheDayzen Updated 

Eurusd to reach the 1.20 area with a deeper retracement to the golden ration 0.618. Based on the volume profile the POCs clearly are showing a deeper retracement since the value area failed to rise above the 0.5 fib retracement and we can definitely look at a strong USD for the next days. In terms of structure we are seeing the formation of a head and shoulder...

TheDayzen

From a COT perspective , we are looking at a gold ranging between the area of 1900-1800. Mostly because of the institutions that are closing a lot of long position alongside with the short positions closed for a total net positions of 246,000 compared with 280,000 during the last month. From a pattern perspective we are currently looking at corrective move being...

TheDayzen Updated 

On this specific pair we are looking at a price that just broke above a very strong structure which was a Monthly and Weekly resistance and just completed a retest of that zone. We are looking at a bullish environment on the Monthly, weekly, and daily timeframe alongside with the last report of the COT data which clearly shows a bullish GPD overall. On the 4H...

TheDayzen

We've just tested twice the area between 1812-1820 which is considered as a very strong historical support level and was strongly rejected by this price. We are expecting the market to close above the Daily demand zone above on 1840 and shift to a bullish market to break the trend line past 1870. and aim for the previous supply Zone at 1900 which is the next...