Hello Guys, EURCAD price movement is one which is of great interest to me and is on my radar. The monthly, weekly, and daily structures are all aligned for a bullish rally. You'd notice that the price, however, didn't get to the weekly order block but it doesn't necessarily have to because price has formed a bullish price action on the daily chart hence the...
Hello traders, AUDJPY has printed 2 weekly bearish candles in the retracement of the bullish move on the weekly chart. Also, you will also notice I have marked out the weekly demand order block which I am expecting the price to get to. I'm looking to join in the bearish continuation once the price trades into the weekly supply order block. The blue line you see...
Dear Traders, USDJPY just tapped into a strong daily demand order block which should trigger some bullish price action. If you recall earlier this week, I posted that the dollar index is likely to commence the bullish rally so this should be expected. Below is the dollar index analysis. Follow me for more updates. US DOLLAR INDEX ANALYSIS Cheers, Jabari
Hello Traders, I just want to bring this trade outlook to your notice. Price recently swept the buy-side liquidity and created sell-side liquidity. With the current bullish rally, the price is approaching a daily FVG. If the FVG will hold and the price shows a CHOCH in the 1-hour timeframe, I would take a short trade to hunt the sell-side liquidity as drawn in...
Hello Traders, XAGUSD (Silver) still has some bearish moves to deliver. This can be confirmed by the bullish view of the dollar index (inserted below). While price retraces to the weekly order block, I will be waiting. Once price enters the order block, I will be looking for a continuation of the bearish move by looking for a CHOCH on the 1-hour...
Hello Guys, As I had previously published, the dollar index seems to be setting up for a bullish rally (analysis inserted below) and USDSGD which is correlated with the dollar index is aligning accordingly. You will also notice that the price has buy-side liquidity to hunt. I have set an alert to know when price trades into the daily order block from which I...
Hello Traders, I'd keep this simple... Price traded into a strong demand level and on the weekly timeframe, a CHOCH is evident (look at your weekly timeframe). Last week, the price hunted the trendline sell-side liquidity and I speculate that the price could trade to the daily order block just below sell-side liquidity (equal lows). Also, the dollar index...
Hello Guys, As I have stated most times that at some point, the dollar will rally and reach higher prices. I suspect we have gotten to that period. I will insert my previous analysis for this. With this view of the dollar rally, I would be looking out for USD pairs that have a good structure in alignment with the dollar rally. Pairs like: USDCHF, USDSGD &...
Hello Guys, You would recall that at a certain point, I was looking for a short on this pair (inserted below) this short was to form the retracement to go long long-term. However, I was unable to join the bearish move as I was stopped out at breakeven. Since then, I have kept AUDNZD on my radar and right now, It is approaching a weekly order block which could...
Hello Traders, It's been a while since I made a post. I was dealing with some personal issues. Well, I am back and this one could be a low hanging fruit for this week. The dollar is a bit bearish and It should give NZDUSD strength to rally. However, the dollar should see higher prices in the coming weeks or days but for now, the dollar is trading lower to...
Hello Traders, EURNZD has just traded into a daily supply order block just after running buy-side liquidity (equal highs). I have a long-term bullish bias on this pair, however, I speculate that we might see a bearish move from this daily order block before resuming the bullish rally. Follow for more updates like this. Cheers, Jabari
Hello Traders, I did an analysis on this pair some days ago (inserted below). My bias hasn't still changed. I still speculate that NZDCHF will make it to TP. Not to be rigid or dogmatic in my approach, but the market structure as of today supports the bearish move. Also, NZDSGD which is a correlated pair is having same bearish structure. You may want to keep...
Hello Traders, We have a case where price has retraced into the daily order block and has consolidated for some days now. However, I think NZDSGD is ready for the bearish move. I will be monitoring the retracement into the indicated region on my chart for an entry in the 1-hour timeframe. Follow for more updates like this. Cheers, Jabari
Hello Guys, As I had mentioned in my previous post on USDCAD (inserted below), CADJPY which is correlated to USDCAD is also at a very important supply region (weekly order block). My speculation is that CADJPY may continue some more inducements and manipulation on its way to the top before it begins selling. If you look left, you will notice the buy-side...
Hello Traders, USDCAD has been on my radar for a while now. It has entered a key demand zone. However, It is our job to monitor how it trades lower to track when the bullish move will begin. If you look at the dollar index, you will notice it has shifted from the daily bearish move to the bullish structure. But USDCAD is yet to. This simply means that there is...
Hello Guys, Check this out. AUDCHF just entered into a weekly demand order block. I have a strong bullish on this pair to reach 0.63000 region. For now, I will be monitoring the 1-hour timeframe for CHOCH from bearish to bullish to go long to the daily order block which is in confluence with the trend line I also made an analysis on AUDCAD which correlates with...
Hello Guys, If you have seen my analysis on GBPCHF (inserted below) you will notice how similar this analysis on NZDCHF is. Price is trading in a monthly supply order block and what we can also notice is that price is also trading in both a daily order block and FVG. I am bearish on NZDCHF but I am not in a hurry to jump into a short trade. Price traded into the...
Hello Guys, If you have seen my analysis on GBPCHF & NZDCHF (inserted below) you will notice how similar this analysis on AUDCHF is. Price is trading in a weekly supply order block. I am bearish on AUDCHF but I am not in a hurry to jump into a short trade. The red line you see in my chart which is inside the weekly order block (yellow box) is the low of the...