YourLazyTrader

YourLazyTrader Updated 

Hello traders, EUR/USD has been on a uptrend fueled by some low-volume buying. Next weeks, when the big boys finally return to the markets and the trading volumes go back to normal, there might be a possibility that this entire move is faded. I have sold EUR/USD@1.1120 and I believe we could see a 100 pips fall next week. Technically, the next resistance for...

YourLazyTrader Updated 

Hello traders, EUR/USD has finally broken out of the resistance level around 1.1020. In fact, as of now, price has breached the 1.1101 level as well. However, keep in mind that this is a low-volume trading session due to the Holidays. So, it could be a false breakout as well. A week later when normal trading volumes come back, we might see EUR/USD falling back...

YourLazyTrader Updated 

Hello traders and the entire Tradingview community. Last week, we bought GBPJPY at 178.50 level and made over 300 pips. At the moment, however, you can see that GBP/JPY is struggling to break the 100-hour resistance . So, there is a chance that GJ may fall again. Of course, the scenario would change if the bulls can break the 181.10 level. I am waiting and...

YourLazyTrader Updated 

Hello traders, hope you had a great weekend. Last Friday, we made some good profits of 100+ pips by selling EUR/USD at the 1.10 resistance level. Now, at the moment, the price is approaching a minor support. Whether the support level holds is another question. Price action tomorrow will be the determining factor. Although, as we approach the end of the year,...

YourLazyTrader Updated 

Hello traders, hope you had a good weekend. Well, if you remember, we sold GBP/USD when it spiked up last week. So, sellers have definitely made over 100 pips profit on Friday. At the moment, GBPUSD looks bearish, there are no immediate support levels to arrest the fall. I would recommend you avoid buying GBP/USD at current price levels. I think GBP/USD will...

YourLazyTrader

Hello traders! Hope you are having a good week. GBP/USD fell more than 120 pips since Friday. I have managed to make decent profits with my sell trades. However, on the hourly chart, I am seeing some amount of support. In the chart, you can see that price is bouncing a bit every time it hits the 100-hour moving average. So, if the 1.2660 region doesn't break,...

YourLazyTrader Updated 

Hello traders and the entire Tradingview community! As per my previous idea published on 12 December 2023, GBPJPY has indeed moved to the 178.50 level as I had anticipated. Now, the big question is, should we buy it? Idealy, we should not buy falling knives as they say However, the scenario seems a little different here. With this fall being partially...

YourLazyTrader Updated 

Hello fellow traders! Similar to my trade ideas on GBP/USD and XAU/USD that I published an hour ago, I have also sold EUR/USD because there is a lack of a follow-through in EURUSD. I believe EUR/USD will go the 1.08 level again. Selling EUR/USD@1.0910 with a Stop loss above the resistance box and TP at 1.08 is potential sell trade.

YourLazyTrader

Hello traders, hope you had a good weekend. Last week, we sold Gold@2046 and made some decent profits with our sells. At the moment, Gold is a key level on the hourly chart. You will notice that the price is exactly at the 100-hour moving average . Now, price action is definitely bearish. However, if Gold moves below the 100-hour EMA, then we can be more...

YourLazyTrader Updated 

Hello fellow traders and the vibrant Tradingview community! Driven by the US Dollar weakness across the board, XAU/USD too spiked up rapidly to the 2040 level. Despite the rapid impulsive bullish move, we are seeing a lack of follow-through here. It seems the Gold bulls are exhausted and profit taking may occur anytime. So, based on these facts, if Gold...

YourLazyTrader Updated 

Hello traders, if you look at the 4hour chart in EUR/USD , you will notice that price has pulled back after touching the resistance level. In my previous idea, I already sold after EURUSD touched the 1.1005 level. Currently a little over 50 Pips profit . However, looking at the price action, it seems EUR/USD can fall a lot more. If the bearish price action...

YourLazyTrader

Hello traders! I am here with the 4-hour chart analysis for GBPUSD. In the 4Hour chart, we see that bulls have lost momentum. Multiple bearish candles have formed in the chart. If this price action continues, I expect GBP/USD to fall further towards the 1.26 level. I have already sold@1.2785 and I also have a couple of sell positions near 1.27. So, currently, I...

YourLazyTrader Updated 

Hello, Tradingview community and my Fellow traders! As expected J Powell from the Federal Reserve was dovish during the Fed meeting yesterday. Quite naturally, the US Dollar was dumped across the board. GBP/USD spiked close to 150 pips as a result of this. Technically, there is no strong resistance until 1.2730 level . So, GBP/USD can continue to rise. However,...

YourLazyTrader Updated 

Hello traders! Along with other Yen pairs, GJ was very volatile last week. However, as we approach the end of the year and the big players in the market go on their vacations, both volatility and liquidity will reduce. Currently, GJ is in a very unpredictable zone. So, the best approach is to wait for a key level. I am waiting for GJ to reach the 179 level...

YourLazyTrader Updated 

Hello traders and the entire Tradingview community! EUR/USD has spiked during the data release. However, it has failed to break the dynamic resistance on the 4Hour chart. In fact, we have a bearish rejection candlestick at the 4H resistance as you can see in the chart. It needs to be seen if it goes lower than the 1.0730 level, which would open the door...

YourLazyTrader Updated 

Hello traders and the entire Tradingview Community! Exciting FOMC event coming up in a few hours. Even at this time of the year with low volumes, you can still expect a lot of volatility and price movements during and after FOMC. I am going to analyze EUR/USD without any bias here. If you look at the daily chart, you will see that price is still above the...

YourLazyTrader Updated 

Hello traders and the entire Tradingview community! Today, I will be posting about the top 9 factors that affect Gold prices. Hopefully, you will find my post informative. 1. Supply and Demand: The basic economic principle of supply and demand heavily impacts gold prices. If the demand for gold exceeds its supply, prices tend to rise, and vice versa. Factors...

YourLazyTrader Updated 

Hi traders and the entire Tradingview community! Looking at the hourly chart in GBP/USD, we can see that the downtrend is still intact. Price has failed to break the 100-hour exponential moving average. So, based on this, we can expect GBP/USD to fall to the 1.25 level once again. Traders can consider selling the rallies in GBP/USD.