The_Forex_Path

The_Forex_Path

Hello trader, My view for US30.... At first the price is inside weekly supply zone so it either breaks up and create bullish or bounces back down. My idea is more of selling the pair due to weak bullish price action. Also, the daily trendline has been violated and already retested. On the road to 200 pips down, I have drawn and pointed out short term profit...

The_Forex_Path

EURUSD has retraced from the recent tops. I see 0.5 Fib level in confluence with support for a good long entry.

The_Forex_Path

USDCHF bounce back up from the support zone and with patience it can give a profitable sell.

The_Forex_Path Updated 

GBPCAD has broken resistance. It will be nice if it retests and continue up. Red lines weak resistances as for TP levels.

The_Forex_Path Updated 

Hello traders. Gold is unstoppable. It has not retraced at all to any fibonacci levels or whatever. Last time it touched the demand area of 1618, it bought straightly up. Two consolidation boxes during this formation of uptrend. On 15 of August, close to 180x area, there was the starting point of the last bearish leg for gold. price violated 1680 area and...

The_Forex_Path

Yen has started showing his strength. The pair has broken the daily trendline and has already retested with price action of long wick indicating weakness. However, it lies in a daily support area from which it can be legit to buy for 106 area of profit. But, the main point is the great sell opportunity in case this support breaks. which will trigger heavy...

The_Forex_Path

GBP has formed a strong bullish trend. It is heading towards resistance. My point of views for potential buying continuation...

The_Forex_Path Updated 

Considering AUD oversold and looking at the current price action, I am expecting these two possible long scenarios. Either from the retracement down to check the broken trendline, or it will break and test the resistance. So, now I am waiting and do nothing if i don't see such price behavior. GL!

The_Forex_Path

Hello traders. Gold is continuing to create Higher Highs and preseserves Higher Lows. If you look on the left of past chart depiction, the area of 178x has been considered a former resistance like the 179x. Finally, the price last August touched 1803 level and fell vigorously. So, every possible entry at these levels could be profitable. But, the safest...

The_Forex_Path

Hello traders. Gold is losing steam as aproaches the 1780 level. the price has also retest 1753 area. So, aggressive entry can take place at current price levels for sell with TP levels at 1750 - 1743 - 1732 even 1715 where lies the 1H consolidation box which has been broken due to CPI and never retested. From down there, it will be a great opportunity for...

The_Forex_Path

EURCAD ideas. Price seems to retreat from the recent highs. It can buy bakc from support with good pips. Above lies the supply zone, which if it breakes it will give long continuation.

The_Forex_Path

GBPJPY has shifted to bearish. Every retest to Key levels of interest like former support may be considered good short opportunities. GJ has high ADR and volatility too. So, SLs must be far away provided that lot will be minimized. Risk 1%-3% of your balance per trade. Never fall into the trap of revenge trading. If market doesn't follow the initial possible...

The_Forex_Path

NZDUSD Point of view amid weak USD. Big US news will imapct on this pair.

The_Forex_Path

Hello traders. These are my scenarios for possible xagusd continuation. tomorrow is Monday so I propose stay away from the markets until the makers initiate the week's structure. Be careful of mid week reversal - Tuesday night. The orders of sell and buys are indicating in order to have a benchmark. For entries do your own analysis in lower timeframes....

The_Forex_Path Updated 

Hello everyone! GBPCAD is under weekly bearish pressure but recently has bounced back up from an important multiyear demand zone. GB Prime Minister's urgent resignation put selling pressure at the sterlina due to isntability. I believe that this is temporary and GBP will rise again. But, at first PMI should be released and lets give space to the market to settle...

The_Forex_Path Updated 

Eurusd has hown signs of reversal from the long bearish trend. There is high Possibility for price to buy after the break and retest of the close resistance or buy a the restest of the already broken one. Price structure has started forming uptrend. But there is the bearish trendline of daily TF which lies and is still in valid. However, there is space for move...

The_Forex_Path

USDCAD miscallaneous scenarios. Daily support may give a buy reversal for short term and we will see how it will proceed. If daily support breaks and price fails to reclaim it, it will go lower. For now, the current price action may give a long up to the trend line and fell continuing the channel direction. So, I am both into long and short opportunities...

The_Forex_Path Updated 

Hello traders. I see something mixed in JPY. For Entering short I want to see a break of structure forming lower lows and lower highs and this will be confirmed by the break of recentely checked support and the break of the ascending trendline. For entering buy, I think it is not the most possible case due to imemdiate reaction of weekly supply zone...