YGForex

YGForex

Recently, we managed to see price level rejected off the resistance level @0.9085 price level, also a rejection off the ichimoku cloud . I will be expecting price to move the 161.8% fib identified from the shooting star candle stick. That will be the 1st target for this trade. If we see a breakout from the ichi cloud we can determine that price will be heading for...

YGForex

Previously, AUDCAD did not go our way after a BULLISH close to our confirmation candle. As mentioned in my previous analysis, we were expecting a BEARISH movement to take place after the 361.8% level being reached. It went higher than expected testing the resistance level 0.9785 price level. Overall, I am expecting a BEARISH movement to take place soon. Kindly...

YGForex

From our chart, we can currently see that price level for USDMXN is at the 161.8% fib level. We can see that this movement act as a retest to the trend support level (dotted line) with a potential to see price moving to the upside. Price level is also consolidating near the support @19.8000 price level. I am expecting strong support pressure here and will see it...

YGForex

NZDCHF managed to hit the 261.8% fib level that we have identified. After that, we saw a substantial retracement but did not managed to hit any of our levels. As price is currently heading towards the supply zone (red area) at approximately 0.6310 price level, I will be expecting a larger retracement to take place. Having said that, I will looking out for a...

YGForex

We managed to see price level retesting the 23.6% fib level and now showing signs of BEARISH continuation. I will be expecting EURCAD to move towards the support level where 38.2% fib lies. Further confirmation will be determined after this movement. As of now, this is a good short term trade opportunity. Kindly hit the LIKE Button if you agree with my analysis...

YGForex

As we can see, I have identified a supply zone for EURGBP. (Red Zone) Looking at daily candle, we can see several candles managed to close within this supply zone with no signs of breakout yet. For now, I am expecting a rejection from this level bringing price level back to the demand zone or 50.0% -61.8% fib level. For that to happen, we have to look out for a...

YGForex

We managed to see a 361.8% fib movement with a clean rejection and price is currently on a BEARISH momentum. I will be expecting a movement towards 1.618 fib level where there is also a support level @0.9606. I have identified this area as my demand zone. Looking at the daily candle, my confirmation candle has already triggered giving us a good short...

YGForex

As we can see, GBPAUD has failed to breakout of this supply zone with BULLISH momentum losing its strength as it heads towards this demand zone. For now, I will be expecting a rejection from this demand zone with a BULLISH movement potentially breaking the resistance level @1.7872. Price have yet to breakout of this resistance level but I will be expecting a...

YGForex

Great opening from GBP pairs, we were expecting some sort of BEARISH opening to this week candle before further BULLISH movement. As of now, GBPCAD managed to retrace all the way to 50% fib level (also a support level @1.7068). I will be expecting a rejection from here to continue its upward movement, minimally testing the resistance level @1.7250 area....

YGForex

As we can see, 117.62 price level has been a strong resistance line for CHFJPY with 116.55 price level resistance level being a weaker resistance. We managed to see several breakout of 116.55 resistance level which eventually tested 117.62 price level where there are several rejections off that level. As of now, what we managed to see is a rejection off that...

YGForex

In my previous analysis, we managed to enter a perfect trade. We managed to enter at the top and sell at the top if follow according to this plan. If you have yet to check out of my previous analysis, do check it out as this will be a continuation. As I mentioned, gold will potentially see a rejection off 1895+ price level as there is a strong resistance line...

YGForex

After days of consolidation, today's candle has clearly show us that EURJPY resistance is holding strongly without any form of breakout to the upside. Instead, today's candle show us a shooting star candlestick pattern. We can see a possible BEARISH retracement to 61.8% - 78.6% fib level. There is also a strong support at 124.72 price level which will be where...

YGForex

As we can see, 161.8% level for CADJPY was achieved with further movement to the upside. However, we can see that 81.46 resistance is holding strongly with price level failing to break this level. This could possibly show a weakening bullish strength and the climb to 261.8% level might not occur from here. Instead, I will be seeing a bearish retracement back to...

YGForex

Will be looking at H1 chart for EURNZD. As we can see EURNZD, price level managed to retest the support level at 1.7147 price level after price move above this level. As we can see, this level a strong support level for EURNZD. I will b expecting a movement towards the resistance zone as identified in my chart (Red area). There will be a resistance level @1.7350....

YGForex

Today, we managed to see price level near 61.8 fib level without any form of breakout from 1830 support level. I am starting to see a nice BULLISH opportunity back to the consolidation level (Range from 1860 to 1930). As of now, I will be expecting a BULLISH movement to 1895 price level before further moevement. Kindly hit the LIKE Button if you agree with my...

YGForex

I will be looking at the H1 chart for this analysis. As we can see, price level broke through 1.7873 support level with current price near another support level @1.7712. This is also a 2.618 fib level for GBPAUD which we should be looking out for potential BULLISH retracement before further movement. I will be targeting 1.618 fib level for a possible retracement...

YGForex

From my chart, we can see that that price is currently at a resistance level @81.50 price level without any form of clean breakout to the BULLISH side. As of now, I am leaning towards seeing a potential rejection from here. Crucial to see a nice BEARISH candle tomorrow to confirm our stance of a potential fakeout from 1.618 fib level as well. I will be seeing a...

YGForex

Looking at the fib lines drawn, we managed to see a nice rejection from 2.618 and 3.618 fib level. As we can see, price level is currently trading near a resistance level @73.35. I will be expecting a bigger movement incoming as today's candle seem like it is testing the resistance level before further movement. I potentially see a good risk to reward for this...