USDCAD D1 Of course, inline with the DXY break we have seen, we have obviously got various USD*** bull break setups and ***USD bear break setups. We have seen an initial rejection of 1.27800, not so much interested in the short setup we have indicated, more so jumping in with the bullish move from 1.26250 support up to 1.27800 again with the chance up breaking...
NZDCAD H4 Resistance has seen an upside breach. Waiting for a support pullback, once of the main perks trading this strategy, regardless of whether a zone holds and rejects, or breaks and retest. We can also prepare and measure the trade or alternative trade, depending on what happens. As annotated, waiting for the pullback (just like DXY H4 chart) before...
USDWTI H4 A break short of $70/barrel would be quite significant in my eyes, threatening the break as we speak, but need to ideally see a solid H4 close below. Our H4 support region is trading marginally below that $70 whole number, but the 'zone' is still a decent support region. Just need to wait for price exhaustion, especially with a volatile pair like WTI....
DXY H4 We covered this yesterday in the analysis webinar, since the EUR/LON session has kicked off, market volume is back we have seen an upside USD resistance break. Need to be patient now and wait for price to retest/pullback back to our demand/support zone so we can eye up potential USD*** long opportunities, or ***USD short opportunities.
GBPUSD H1 The pair hit a high of 1.3898 yesterday after more hawkish remarks by BOE policymaker, Michael Saunders. Sellers tried testing waters just below 1.3800 earlier, with the low touching 1.3793 for a brief moment before a turnaround now to a session high of 1.3850. In the bigger picture, the BOE has been playing it slow with regards to normalising policy...
EURJPY H4 - H4 SUPPORT PRICE - H4 PRICE CONFIRMATION - 130 PYSCHOLOGICAL LEVEL - MONTHLY KEY LEVEL SUPPORT - 4.2R TO PREVIOUS HIGH - 5.5R TO NEXT S/R ZONE
NZDCAD H4 Popped above our interim S/R zone now and looking to see if we hold support on the retest. If so, we have planned and measured a swing up to our resistance. 4.5R from interim S/R up to resistance.
AUDNZD H4 really nice rejection, perfect evening star on the H4 yesterday on a key resistance zone, stacking price action with higher timeframe, powerful trading zones is exactly what we aim to do with these less impulsive pairs, ended up pushing 5R from the lowest price before the market correction. Could see downside continuations come back into play as we...
USDWTI H4 - Extending higher with clear fresh highs set. Looking for a pullback to repeat what we have marked up and executed over the last few weeks, demand is still there, price is still on the rally. Simply looking to buy the dips effectively. Hard to predict TP targets, typically we use the previous breakout high, but it's not always quantifiable, and with...
ETHGBP H4 Nice little bounce from our confluence zone, £1600 price, H4 demand and S/R. Little threat on the lower timeframe but seemed to hold on the H4 close nicely, Almost at £1700 price, which would offer the initial 2R, possible first TP target if profits not already been taken.
Gold H1 Manic moves from gold off the back of Fridays antics. Really struggled to break above 1793 resistance which we had spoken about. Eyes peeled on this top resistance price, hourly range seem to be holding quite nicely. Higher lows are still being set, so maybe waiting for a lower timeframe break and retest would be prudent in this instance.
ETHGBP H4 This is the move we were looking for last week on ETHEREUM. We saw a similar move happen with BTC last week, but ETH couldn't follow similar suit at the time. However, over the weekend, we have seen an upside break of that £1630 price, and currently seeing a subsequent retest. Hopefully this S/R zone holds and we can trade up towards the top side of...
AMZN H4 - Back on that resistance range after opening upside the last couple of trading days to end the week last week. US stocks wanting to push higher, but again, firm believer in 'don't fix it unless it's broken', range has been performing nicely still for practically a full year now!
GBPUSD H4 Another big offering of 8R+ here on cable, these recent trading zones have been playing out like poetry, eyes peeled for that 1.38 handle.
CHFJPY H4 Yet to have broken support, but certainly looking like it wants to with the way this H4 candle is looking likely to close. Lower timeframe selloff and pullbacks seem very sequential so far. A break and retest of support/resistance could be the next entry point to jump in with short positioning.
BTCUSD H4 Another new high extended from our support to resistance range. Hopefully the higher low finds support and we can further extend, seemingly have ETH and ADA looking very similar and following suit.
AUDNZD H4 Appreciate this was posted yesterday, but it's important to keep market setups fresh and I like to provide them on a daily basis, even if there hasn't been too much change, no doubt starting to see sideways H4 consolidation on support though. So expecting us to see another support to resistance range here as indicated. Fallen even so slightly short of...
ETHGBP H4 Again, very much the same as what we have here for ETHEREUM, a break above 2100-2200 and relevant H4/D1 close before a subsequent pullback would be perfect confirmation that we are back bullish bias again. Breaking out of our bearish consolidated trading zones and climbing higher, good signals for long trading and investment additions. 5R up to previous high.