After a long Bullish moves, the uprise has stalled and slowed down. Price has start to create a Lower High and tried to break the Support (magenta zone) yesterday.
However, be cautious as the price can still go upwards. We merely trade WHAT WE SEE, but the market forces is beyond anyone's control.
EUR must weaken or GBP must strengthen in order for EURGBP to...
Hello guys. Please refer to the image. This is what I see for USDCAD.
After a nice drop following my previous analysis, I'm going for a long because the resistance has been retested multiple times, making it weaker. Usually, price will go back there to break it.
Let's see. Don't forget to put a risk on your trade. TAYOR!
KHALID HAMID @ tfspriceaction
Hi everyone. Please refer to the image. Beware of CAD news coming out tonight (SEA time). It might move the pairs then. For now its still not moving much. Maybe waiting for news data.
TAYOR and all the best traders!
Hi everyone. Please refer the explanation in the image. I'm seeing a potential (strong) Bearish setup on its way based on the current market structure.
Target ENTRY at the Confluence Area. TAYOR and let's see how this goes.
HAPPY LABOR DAY!
Salam and hi my name is Khalid Hamid. USD Index is showing a reversal, thus USD pairs might go down too (including USDJPY).
Early sign is there but still need to wait for a STRONG BREAKOUT signal to the downside.
Watch the video to understand. ;-)
Tomorrow is NFP and few other high impact data release so please be careful with your trades.
Good luck and...
Hello guys thanks for visiting my analysis. Enjoy the video!
SUMMARY: The plan is to SELL EURUSD for this week, since the price has created a new LL point (Lower Low).
Thanks and please SHARE with your friends. Constructive comments appreciated. :-)
Price is holding up at the flipzone (resistance becomes support) even after high impact event yesterday (FOMC).
USD doesn't seem to get stronger like last week, meaning XXX/USD will become Bullish.
Potential long from current price with 40 pips Stop Loss.
Potential target 2x the risk (SL).
TAYOR and please trade wisely. Don't overtrade or blow your account too...
Hey guys. I think the photo describe it best. Price has broken the upside area but currently retracing, perhaps due to US bank holiday yesterday.
There's a potential Buy opportunity here. My target Entry zone is around 6860 which is the last swing high (higher low, HL).
Do share your thoughts in the comment section. All comments will be appreciated. Thank...
Price has been in a downtrend, and just broke out of its retracement (black arrow).
Pink line would be the best to SELL with minimum risk (if the price reach there).
However, if it didn't and the price breaks the lowest blue line, it might not go to the pink line anymore.
This could signal the start of a downward movement to the yellow zone, which is my TP...