As indicated in the chart, traders can look for sells in CADJPY depending on BEARISH Price Action at the channel top
As indicated in the chart, AUDJPY is a potential sell between 74.10-74.50 with initial TP at 73.50 and second TP at 72.97
The price action on USDCHF looks like a drop is imminent. Hence, traders can look for SELL between 0.9930- 0.9959 with SL above 0.9997 TPs can be set at 0.9860, 0.9802. If 0.9800 doesn't hold, a drop towards 0.97 is also likely
CADJPY is struggling at the channel resistance once again. So, it would be a good idea to SELL the rallies near the CHANNEL TOP. Traders can sell between 81.95-82.20 with SL above 82.70. TPs can be placed at 81,80.33 and 78.50 respectively.
As indicated in the chart, USDJPY is a potential SELL between 107.85-108.20 with initial TP at 107.30 and subsequent TPs at 106.89, 106.
GBPJPY is struggling at the multi-month Trendline Resistance. Along with that, the RSI is showing a BEARISH divergence which can soon lead to a sell-off in GJ. Traders can look for SELL entries between 133.12-133.50 with SL above 134. TPs can be placed at 131.80, 130 and 126.50 respectively.
As indicated in the chart, it's a good area to sell USDCHF between 0.9915-0.9952. TPs can be placed at 0.9850, 0.9800. If 0.98 breaks, one can look for 0.9710 as well
As indicated in the chart, looking for EURJPY to continue lower after getting rejected from the 4H resistance
As indicated in the chart, expecting price to drop towards 0.8950. Sell entries could be taken at 0.9087-9.9106 with SL above 0.9130.
As indicated in the chart, GBPJPY can be a good sell at 129.75-129.90 with SL above 130.15. TPs can be set at 129 and 128.10 respectively
As indicated in the chart, sell at resistance and target 1.1700
As described in the chart, look for sell entries in the 4H resistance. Target the recent lows
As described in the chart, sell EURJPY at the 4H resistance and target the recent lows
As described in the chart, USDCAD has bounced from the 4H EMA and expected to continue the bullish trend.
As described in the chart, I am expecting EURUSD to get rejected from the 100D EMA and drop towards 1.1100 and finally towards 1.1030
Hello Traders, in my previous GBPUSD idea, I mentioned about buying at 1.2500 area. That trade gave us more than 250 pips profit. Now, GU is consolidating and most likely another move higher would come very soon. We need a decisive break of the 1.2750 resistance level to target 1.2860, 1.3174 and 1.3400 respectively over the next several weeks.
In my previous EURUSD idea, I published about selling at 1.1330-1.1350. Currently, that set-up is still valid as price has failed to break Friday's high. So, traders can look for SELL entries between 1.1325-1.1340 with SL above 1.1370. TPs can be set at 1.1250 and 1.1180 respectively.
It seems like the time for AUDUSD recovery is very near. AUDUSD is now consolidating at the multi-year SUPPORT LEVEL and we could see a rapid rise in this pair soon. Swing traders especially can BUY AUDUSD at 0.6870 area with SL below 0.6800. TPs can be set at 0.7050, 0.7300 and 0.7500 over the next few months. I believe some kind of positive resolution in the...