This is my projection on UJ so please take it with a grain of salt it may not go exactly as chartered. On the weekly chart UJ has broken bottom trendline for the uptrend therefore will go bearish overall but in immediate short term may head up to retest previous high @ 112 before heading down long term
GJ we have established that it is heading up to 156. Price can potentially head up now from midline but seeing engulfing bearish 1H candles are discouraging. I am waiting for bullish engulfing candles on 1H before I enter for a buy. My preferred entry is still ~141.700
GJ clear break of trend on daily aiming for 156. Stop loss, Entry and TP as per analysis
HELLO COMMUNITY, HERE IS MY IDEA... I NEED YOUR SUPPORT PLEASE LIKE, SHARE AND FOLLOW ME. THANK YOU FOR THE SUPPORT. 1. DOWNTREND CUT 2. LAST HIGH IN DOWNTREND 3. THE LAST DOWNTREND LINE IS BROKEN 4. HIGHER HIGH 5. HIGHER LOW 6. MY ORDER BEST REGARDS
AUDNZD has a great chance to pop up much higher after confirmation of this 3 simple steps that the market is showing us right now. 1) Breakout of the Daily Channel 2) Bullish Candlestick formation 3) Strong Volume Bar (indicates more buying interest) with that said the market is communicating with us telling us that he is getting ready to break up higher,...
USDCHF, large speculators did profit taking on usd by closing both short and long positions. while banks opened both sides positions. in CHF shorts positions increase 1%. suspect strength in chf now.
copper, price making double top on copper in daily time frame. Non-commercials reduced long positions 6k in copper, long% decreased 2%, while short% increase 2%.
Hey traders, As we all know that we are consolidating on eurusd pair for a very long time. You can see it in below image (shaded area) But we can clearly see that in that consolidation area the sellers weren't strong as they are right now. Last push from sellers are so strong that it is full of bearish candles. What I am expecting that either this strong...
EURUSD was boosted by Mario Draghi's remarks during Monday's session. The European Central Bank (ECB) governor expressed his content with wage growth and inflation but repeated rates may remain low beyond the summer of 2019. The trade tension between the US and China has been dominating the market for some time and it is expected to be the main theme in the Forex...
longbuylongsell confirms it is a short entry
Hi my friends, This is our new pound trade,hope be successful at the end. First of all this trade must start after first reversal in RSI Daily and when RSI can break line i draw in 4H.See charts bellow: If it can't achieve,we will drop from channel to test yellow box bellow ,as support.See chart bellow: I will update this idea and notify new signals.Do not...
EURUSD reached an hourly resistance as seen on the chart. Based on our technical projection the price is expected to re-test 1.1575 before correcting higher, possibly taking out the initial resistance (in blue). Only a firm break (hourly close) above the initial resistance (in blue) ma pave the way for strong gains towards the latter resistance (in green).
President Trump threatened a government shutdown should Congress fail to pass the bill for wall at the Mexican boarder and change immigration laws to merit points. We have not seen a significant reaction to these comments that were made on Sunday but we are noting a weaker USD against a basket of currencies. USDJPY reached its 4hr resistance, which was tested...
Hi, We had an almost successful analyse on EUR last time and now many things are more clear for me in chart.Like we have a bearish pennant in chart and in that pennant we have another triangle formation that made more limits for EUR. By all of that i think it's time for a short trade in this triangle with 2 target. Target 1 = 1.163 Target 2 = 1.159 Stop loss =...
Hi, After 2 Successful Analyse of pound we are here for third one.As you remembered we reached our short target sooner as i expected and we are in middle of Pound Long trade.GBP printed a great candle on D time frame and now i expect a little retrace and then continue upward. Those who missed this long trade can enter it in retrace. Good Luck
Hi Guys, As you remember i had short-term and long-term scenario in my last USDJPY analyse.You can see them here: We are still in play like what i expect and close to an important moment now.as you see in main chart we are still in bearish wedge and near to testing that triangle as support.This test can show us what will happen in near future. After reach...
Hi Guys, I had a terrible analyse on gold last time and now find courage to look at it again.My last call had a stop loss around 1210 and thanks god we didn't reach there yet and we are still in play. As you see i draw Support/Resistance level in this chart for you plus 2 bullish wedge.I can illustrate 2 possible scenario for gold but as you know lot fundamental...