YGForex

YGForex

If we look at the fib line I drawn, we can see that BULLISH movement hitting 1.618 fib level have already occurred. Currently, price level is below 1.0 fib level and we start to see potential rejection occurring for further BEARISH movement. If we look at ichi cloud, we can see that price is moving towards the cloud which could give EURCAD a BEARISH rejection...

YGForex

Looking at EURGBP, I will be expecting a BEARISH movement occurring soon from this area. Previously, we managed to see several rejections off the resistance zone (red area). Looking at 2 diff fib level, we can see that the first retracement will be to the 0.5 fib level while the other shows a potential 1.68 fib retracement. There is also an area of support at that...

YGForex

This will be a short term trade opportunity. I will be expecting a short term retracement from GBPCAD minimally till the resistance level and will be looking to hold the position if price level breakout of that level. For now, I see a good retracement opportunity till 50.0 fib level. Kindly hit the LIKE Button if you agree with my analysis and feel free to...

YGForex

There will be 2 Fib Level which I have drawn. Looking at the red fib lines, we can see that potential retracement can happen for EURUSD at this level. There is also a support level @1.2015 which I will expect a retest at that level before further movement. If we refer to the blue fib lines, we can see that the 61.8 fib level is definitely a potential target for us...

YGForex

From our previous analysis, we managed to successfully analyse a BULLISH movement to this trend support line. This will be a follow up from my previous analysis. Interestingly, we managed to see a 38.2 fib level retracement and with price currently retesting this level trend support level once again. As of now, BULLISH strength seems like it is dying off....

YGForex

Looking at yesterday's candle, we can see that price rejected off 1.618 fib level where there is also an area of resistance at 126.53 price level. I will be expecting a short opportunity till 124.72 support level (also 78.6 fib level). An area to watch out for will be 1 Fib Level. We should be looking out for a clean BEARISH movement when price reaches that level....

YGForex

As mentioned months back, the trend of gold is already broken and it is always important to adapt quickly when trading with gold. We managed to catch the BEARISH breakout and today's candle perfectly test 61.8 fib level, also a resistance level @1829. Definitely, there are 2 outcomes we are seeing now: BEARISH movement form 1861 or BEARISH movement from here. As...

YGForex

This is a follow up on our previous analysis. From our previous analysis, we managed to sell from the top with a perfect profit. As of now, I am seeing price heading to 61.8 fib level. This will be an interesting level to see a BULLISH retracement after the fall. I will expect to see a retracement movement till 38.2 fib level as of now. If we see a clean rejection...

YGForex

From our previous analysis, we expected a 80.40 BEARISH movement before potentially seeing 61.8 fib level BEARISH movement. After this analysis, we managed to see CADJPY retesting 80.40 resistance level and what we managed to see is a clean rejection to the downside. I will be expecting price level of CADJPY to move to the 50.0 fib level minimally and potential...

YGForex

We managed to see some consolidation movement from EURAUD recently. I will not see a breakout of this support @1.6170 as of now. In fact, I see EURAUD potentially retesting the trend support it previously broken. From there, we can determine if EURAUD will be moving back in trend. As of now, a long position from here till the trend support (which is also 38.2 fib...

YGForex

Currently, we managed to see GBPCHF moving towards a level of great resistance where we saw multiple rejections. After moving to this area, I will expect a BEARISH retracement back to 23.6 fib level also where a support level lies @1.2120. This will be an important level to lookout for if there are still BULLISH strength to this pair as a potential rejection from...

YGForex

As mentioned in my previous analysis on gold, gold have broken out of its trend and currently no new trend is forming instead price level is consolidating near the support and resistance zone. As of now, we can see that gold BEARISH movement is coming to a stop which may potentially call for a BULLISH opportunity. If gold is building BEARISH strength, we should...

YGForex

We managed to see a BEARISH engulfing candle today which may signal to us that the movement above 1.618 fib level could be a potential fakeout and that a BEARISH retracement is about the occur. I will be looking for a 38.2 fib level retracement which is also the support level @0.8940. As of now, I will target this level before any further any update. Kindly hit...

YGForex

A crucial BULLISH candle today show us that this consolidation phase is yet to be broken yet. However, we should still look out for a breakout of this trend when we trade this BULLISH movement. Any form of rejection off this trend resistance may show that the BEARISH movement may continue eventually breaking this strong support zone (green zone). As of now, I am...

YGForex

Looking at price action, we can see EURAUD rejecting off a resistance level recently @1.5580. Also, price rejected off a trend line as we can see showing great BEARISH pressure on this pair. For now, I do not see any breakout from this trend and I will be expecting a good short opportunity from here. We will like to see a rejection from the ichi cloud to the...

YGForex

We can see that BULLISH strength is starting to weaken as it recently moves near the 50.0 fib level. For now, I will be seeing great BEARISH pressure from 50.0 fib - 61.8fib level max. Having said that, 61.8 fib price level is also where a strong resistance level lies (@1.2120). You can choose to enter a few trades for this pair at the various level or if you will...

YGForex

As price level move closer to the resistance line @0.6998, I will be see BEARISH pressure building for this pair. Currently, we can see price moving in the ichi cloud where a rejection from there could give us a nice BEARISH signal to the downside. I will be targeting the 1.618 price level which is also a strong support level @0.6916 price level. This will be a...

YGForex

We managed to see 71.20 resistance level being broken with price level now moving within a new phase. The next strong resistance level for NZDJPY will be 73.28 price level. However, for a test to this level, I will be expecting BULLISH strength to build up. Is this BULLISH breakout confirmed? As of now, it will relies on further price movement. I will be...