YGForex

YGForex

Before I start, I would like you all to refer to my previous DXY analysis before reading this. As you can see, I was expecting a fall in price back at my old analysis and we can see this movement this few days. Before we start, lets take a look at DXY in a bigger picture. We can see DXY is still following an uptrend and we should keep a bullish bias on this pair....

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USDCAD have been testing this strong support level for quite sometimes and for now I will still stick with seeing USDCAD moving towards its resistance level. (Taking into considering the strength of USD) However, what we need to take note is whether it will break the resistance level and as for now I doubt so. Having said that, I feel it will be crashing downwards...

YGForex

Refer to my previous post for the analysis. Just a small update we can enter this pair soon. Bearish Movement for GBPUSD!!!

YGForex

USDJPY have tested this support level @107.10 price level and what we have seen is failure to reject this level. As we can see this led to 3 lower head forming. For now, I will be expecting to see a BULLISH movement to 108 price level. Definitely, a breakthrough in price level there is possible which I will update again. No analysis is perfect. Best to compare...

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Very interesting movement seen from GBPAUD!!! We can see GBPAUD uptrend trend line being broken and tested 1.9750 resistance line but failed to breakthrough (Possible Trend Reversal). After which, we see a strong bearish movement downwards which is exactly what we hope to see. I have used Ichimoku Cloud now to analyse this movement and we could definitely see its...

YGForex

According to the H1 Timeframe, we can see the rising wedge pattern was broken and SPX is most likely to head for the downside after testing a resistance level @2850 level. Using Bollinger Band, we can see the price level is at the upper band which will also meets its resistance level. Trade set up is of now, and do take note on upcoming news such as FOMC Statement...

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I decided to avoid analysing this pair yesterday and today's movement was an interesting one. We saw an early bullish movement and currently price level its near a resistance level @1.2482. Not only that, Wednesday and Thursday will be an important day as we eye the strength of USD awaiting FOMC Statement. I will be seeing a small bullish movement to the...

YGForex

We can see CHFJPY heading towards 111.70 resistance level. Currently, CHFJPY is at the trend support level and the first resistance line. When we use bollinger band to take a look at a look at this pair, we can see CHFJPY at the lower band with a bullish look and a interesting higher opening price today. I will update again when CHFJPY is near the resisatance...

YGForex

BTCUSD reaching its resistance level @7700 price level. I see it falling back to the trend support level @7200 price level before we can see a bullish movement up. Overall, Bitcoin looks like it is recovering its value.

YGForex Updated 

We can see that USD have shown a small bearish movement near the upper band with a lower volatility. What I expect to see next week will be a bearish movement down to 99.5 price level or even down to support level at 98+ level. As for now, I doubt the volatility for USD will be high for next week and 99.5 area will be a nice level for us to anticipate. This...

YGForex

Recently, we were eyeing the 1.7085 support level whether we see a breakthrough or not. We can see that EURAUD have officially broke that strong support line which will eventually be a strong resistance level for this pair. (Red Circle) What I will be seeing for now is a retracement back to the resistance level which will be the ideal level for a short trade. We...

YGForex

Lets start of by understanding what is happening with EUR in general. As we can see last week news data was not in favour of EURUSD in fact showing the weakening in strength of EUR. After which, when we use Ichimoku cloud indicator we can interestingly see a strong bearish bias for EURUSD. We could see a short bullish movement now to the resistance level which...

YGForex

The question that most of you maybe wondering for now: Bearish or Bullish looking? Before I start, I would like to mention that gold have been on an uptrend with many retracements occurring which may trigger SL for some of the scalpers trading at lower timeframe. I will be using the H4 chart for my analysis. Gold have been making several big movements (high...

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NZDUSD broke a rising wedge pattern and I will see it heading to the trend support line (Green line). Will be update again when we see further movement as for now I will sell NZDUSD. FOLLOW us on Tradingview for latest updates and analysis!!!! Do LIKE if you agree with our idea and COMMENT to share your analysis as well as your idea on this pair. Cheers and happy...

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For now, I will be seeing gold heading to the 1640 support level. What we can possibly see is a retracement back to the resistance level testing the resistance level once again before we see another fall in price to the 1580 price level. Having said that, it will breakthrough 1640 support level which is what we should observe when we continue our short trade. As...

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We can see GBPAUD was rejected by a resistance level @1.9745 and failed to breakthrough this level. For now, we should see a bearish movement for GBPAUD to the support level @1.9320. Definitely, we can see a retest to that resistance level before a fall. Analysis may be subjected to changes when market open. FOLLOW us on Tradingview for latest updates and...

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As we can see the support level @1.7075 is rather strong and we have seen several instance of price level unable to break that level there. For now, I am seeing this price heading towards the resistance level @1.7800 before we see a reversal in price level. Overall, EURAUD is still moving on and uptrend and should not breakthrough this support level now. FOLLOW...

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As we can see EURUSD failed to breakthrough its trend resistance (Red Line) several times. Will not rush into entering this trade as if you look at the daily candle, moves towards bearish and bullish varies between days, consolidating it price near the resistance level. Finding the best entry price is crucial and I will be looking at a 1.1950-1.1970 entry level....