Aghughu

Aghughu Updated 

Hello Everyone, as seen in this chart, the price is unable to break the previous resistance and is coming back to retest support. I expect a bearish continuation from here. Thus I'll only be looking for selling opportunities in the lower time frame till further notice. What are your thoughts on EURUSD? Kindly like and comment below.

Aghughu Updated 

Hello Traders, I trust you're doing alright. As students of the market, we see that AUDUSD has clearly told us that it has not yet made up its mind to become bullish. It made this very clear last week when it rejected the previous resistance and has continued to dive downwards. Now, the call to action is to wait for some retracements and follow it downwards....

Aghughu Updated 

Hello Traders, This pair is yet to contrast the bearish bias. I'll thus continue to be bearish in the coming week. Hopefully, we get some retracements and some trend continuation to the downside. Kindly trade cautiously due to the trendline liquidity. It's very possible to break the trendline and reverse upwards. But until that happens, I'm clearly...

Aghughu Updated 

Dear Trader, I trust you're doing alright. MATICUSD is currently trading within a rectangle range. The current bias is bearish as the most recent price action is a break below the resistance level. We thus expect the price to continue downwards. On the other hand, if the price should trade above the trendline resistance and break the current static resistance...

Aghughu Updated 

Dear Trader, I trust you're doing alright. EURAUD is currently trading within a rectangle range. The current bias is bearish as the most recent price action is a break below the support level. We thus expect the price to continue downwards. On the other hand, if the price should break the current static resistance level, this would change our bias to...

Aghughu Updated 

Dear Trader, I trust you're doing alright. CHFJPY is currently trading within a rectangle range. The current bias is bullish as the most recent price action is a break above the resistance level. We thus expect the price to continue upwards. On the other hand, if the price should break and trade below the current static support level, this would change our bias to...

Aghughu Updated 

Dear Trader, I trust you're doing alright. XAUUSD has broken the trendline support. The current bias is bearish. We thus expect the price to continue downwards. Dear trader, what is your thought on XAUUSD? Kindly like and comment below.

Aghughu

Dear Trader, I trust you're doing alright. AUDUSD has broken out of the bearish trendline. This is the first sign of a bearish exhaustion and a possible bullish reversal. However, the Price must break the static resistance level at 0.65 to confirm the bullish trend. On the other hand, a break below the support level would signify a bearish continuation. Please...

Aghughu

Dear Trader, I trust you're doing alright. ETHUSD is currently trading within a rectangle range. The current bias is bearish as the most recent price action is a break below the resistance level. We thus expect the price to continue downwards. On the other hand, if the price should trade above the trendline resistance and break the current static resistance level,...

Aghughu Updated 

Dear Traders, I trust you're doing alright. AUDUSD has broken out of the bearish trendline. This is the first sign of a bearish exhaustion and a possible bullish reversal. However, the Price needs to break the static resistance level at 0.65 to confirm the bullish trend. On the other hand, a break below the support level would signify a bearish...

Aghughu

Dear Traders, I trust you're doing alright. Today, we will be analyzing the price action of US30. As seen in the chat, the price has broken off the descending trendline and has reclaimed a previous resistance level as support. From here, we expect price to continue upward. A break below the current support level invalidates this idea. What do you think about US30?...

Aghughu Updated 

Dear Traders, I trust you're doing alright. AUDUSD has broken out of the bearish trendline. This is the first sign of a bearish exhaustion and a possible bullish reversal. However, Price needs to break the static resistance level at 0.65 to confirm the bullish trend. On the other hand, a break below support level would signify a bearish continuation. Kindly like...

Aghughu Updated 

Hello Traders, I trust you're doing alright. The pair is still bearish. Hence, I'll be looking for selling opportunities in the coming week. A break above trendline/static resistance would change my sentiment Kindly like, comment and subscribe. What is your own thought on this pair?

Aghughu

Hello Traders, I hope you're all well. I'd like to discuss the current status of EURAUD with you. The currency pair has recently moved beyond a previously observed downward trendline. At present, its price is confined within a narrow rectangle pattern. A potential scenario involves a breakout above this pattern, which could signify the continuation of the...

Aghughu Updated 

Dear Traders, I trust you're doing alright. This pair is still bearish and is still in the business of forming lower lows and lower highs. Hence, it is right now better to look for more bearish and bullish trades. A break above the trendline and static resistance would make this idea invalid. Please like, comment and subscribe. What do you think about EURUSD?

Aghughu

There are two ways, this trade could obviously go. I'll leave the third for you to decide. Scenario 1: Price breaks the resistance, makes a retest and continues upwards. Scenario 2: Price is unable to break the resistance, instead rejects the resistance and continues downwards. In any scenario, I'll wait for confirmation on the 15 mins time frame to know how best...

Aghughu

Hello Traders, I anticipate a trend Reversal on this pair. Lets see how this plays out.

Aghughu

There are two ways, this trade could obviously go. I'll leave the third for you to decide. Scenario 1: Price breaks the resistance, makes a retest and continues upwards. Scenario 2: Price is unable to break the resistance, instead rejects the resistance and continues downwards. In any scenario, I'll wait for confirmation on the 15 mins time frame to know how best...