Loundex

Loundex

You and I know that we previously made some profits from this trade but the market is still giving us some more SELL opportunities as do EURAUD some more BUY opportunities... we want to watch out for more push to the downside, saying this I mean wait for a complete break in the 0.6900 level and a retest of the same level...This trade Idea from AUDCHF looks...

Loundex

EURGBP is around a major resistance level where both retail and institutional traders are looking to get in. The 0.8500 is pretty much a strong resistance zone and we will be seeing some sell pressure within the next few hours. At the time of writing this post, price is currently on 0.84870, you can set your sell entry anywhere around this price...

Loundex

EURJPY has been on a bearish channel since the past two weeks and it seems channel resistance is still very much strong enough for the formation of another lower high and a lower low...We can also get a horizontal resistance around the 128.000 zone. On the 4hr timeframe, you can see the bearish engulfing candle just on the trend resistance line(channel resistant...

Loundex

The 1.31000 - 1.31500 is a relevant area to place your BUY entries, both investors and retail traders have been looking to get in on this level and now that price is here again we are most likely gonna see a move to the upside. You are either getting in now or not getting in at all...

Loundex

I sold GBPUSD late last week, you can check my previous Publications but if you remember I spoke about the GBPUSD overall bullish trend and the SELL trade we had was more like a pullback to continue the long term bullish run...Take a good look at my chart, you'd see there a two entries, the first is what I am posting now around the 1.3300 and the other is at the...

Loundex

The 127.500 is a very strong support that both retail traders and institutional traders are looking to make BUY entries on... We should see an increase in Bullish momentum at the close today's candle...Looking at lower timeframe like 1H and 4H we see the formation of bullish price actions which confirms the beginning of a bullish run.

Loundex Updated 

We all know the GBPUSD is undergoing a bullish phase. However we sell the bears inserting little sell pressure around the 1.3600 area. This is a valid trade but I don't want you guys to stay in it for too long...make some profits and exit your position.

Loundex

Been waiting for this one for sometime now, didn't sleep all through the night, It's 11:08AM here and I just woke up...all details in chart, use the comment section for any questions

Loundex

CADJPY has been maintaining it's trend support since late January 2022 and it doesn't look like the bears are ready to take price low enough to break this trend. You can see the most recent bullish candles just around the support(90.500) which tells us there are active buyers around that zone.whoever is getting in on this should get in NOW...

Loundex

EURGBP was among the Euro pairs that broke resistance last week. The 0.8410 resistance was a key level that both buyers and sellers had their eyes on, after being broken and retested buyers are pretty much gonna be in control and hence we will be seeing price move to the upside. However, we should also watch out for the 0.84740 resistance level, if you gonna get...

Loundex

It's cleary seen that the bulls are not gonna let price come down any lower than it already did...the pullback that happened late last week up until yesterday looks pretty much like a flag but it's not, However, we see a strong bullish reaction from the formation of the most recent bullish engulfing candle after price consolidated around the 1.35500 and the...

Loundex

Analysis: EURCHF...Some of you guys must've gotten the opportunity to jump on this trade from my previous analysis....now we will be preparing for a potential BUY just after we close our sell trade at a TP of 1.05000. I expect to see my stoch indicator on the overbought zone and a little bullish price action before getting in...

Loundex

GBPCAD found a strong resistance around the 1.73000 level and the bears seems to have a strong momentum in the market. It wasn't so safe to dive into the market at the very first touch of the resistance level, as you can see more price action like the break in the short term trend support are beginning to form which further validates this trade. as I strongly...

Loundex

It's clearly seen how sellers did not hesitate at the 1.36000 zone. They got into the market immediately price hit the 1.3600 level and we are gonna see more bearish action until price finds a strong support, the 1.3500 level isn't strong enough for price to bounce back up as sellers momentum seems pretty strong. The 1.34000 would be the next valid support for...

Loundex

It is clear seen that we're about to take a ride to the downside...

Loundex

We saw how bears rejected the 1.3600 zone on GBPUSD...Price would continue downwards until the 1.3400 support before we start going long