Buy EURUSD at any price between 1.0928 till 1.0903
*EURUSD Analysis*
EURUSD at the higher low area of the Uptrend line in the 4-hour timeframe chart
Target 1: 1.0975
Target 2: 1.1040
Target 3: 1.1127
Target 4: 1.1200
Stop Loss: 1.0842
My last view on EURGBP was of a bearish perspective, but on a second view, i think after the recent break of the channel, the possibilities of it going bullish is higher.
On Higher Time frames, CADCHF is rising towards the top trendline. though its been on a consistent fall, we could consider buying the retracement. it could potentially lead to a change in market direction
#EURGBP Analysis
German exports increased in April compared to the previous March month's decline. Lower orders for Germany are a result of Asia's expanding manufacturing capabilities and China's reduction in imports. Germany is the industrial economy's growing center in Europe, and its weakness when compared to other currencies is a problem.
#AUDUSD Analysis
AUDUSD is moving in Descending channel and market has reached lower high area of the channel.
Later on it broke the channel. we wait for a return to the OB and FVG
The NZDUSD pair faced strong negative pressure to break 0.6140 level and turn to decline on the intraday basis, on its way to test 0.6020 initially, noting that breaking this level will put the price under more negative pressure to suffer additional losses that reach 0.5900, while breaching 0.6140 will push the price to recover again and build new intraday bullish wave.
Australian Dollar Canadian Dollar traded at 0.88044 this Tuesday June 27th, increasing 0.00190 or 0.22 percent since the previous trading session. Looking back, over the last four weeks, AUDCAD gained 0.92 percent. Over the last 12 months, its price fell by 0.95 percent. Looking ahead, we forecast Australian Dollar Canadian Dollar to be priced at 0.87195 by the...
The Kiwi dollar increased by 0.35% to $0.6186 on Tuesday, strengthening for the second straight session, supported by hopes that interest rates in New Zealand will remain higher for longer amid persistently high inflation. The country's annual inflation rate was at 6.7% in Q1 of 2023, more than twice the bank’s target range but was also lower than an over 7% peak...
Governor Ueda of the Bank of Japan stated that the monetary policy would remain loose until the 2% target was sustainably attained. The US banks' losses to Japan are relatively small, and the Japanese economy is stable and slowly improving. In the middle of the current fiscal year, inflation will be moderate.
CADJPY ORIGINALLY IS ON AN UPTREND ON HIGHER TF.
NEVERTHELESS I THINK WE COULD SELL THE 15MINS PULL BACK AND ENTER A BUY LATER.
The Trend is your friend so they say, so its better to wait for the bullback and enter the anticipated buy. the real sell is probably next week when the 4hour OB has been filled
EURGBP has finally returned to fill the FVG And OB. I think now is a good time to buy this pair. we have Flash Manufacturing PMI and Flash Services PMI coming up for GBP in a few minutes.
SOME IMPORTANT NEWS
📌 European business confidence in China has hit a record low, according to a recent survey. Respondents cited China's sluggish economy and ongoing...
HOW TO PROFIT FROM EURGBP RISE AND BREAKOUT.
EURGBP has been on a consistent bearish fall. this breakout could either be a false breakout or a change of trend.
Nevertheless we wait for more trade confirmations, but i suggest buy limits be placed at the 1 hour FVG or OB
