Get started

August2019

EURJPY / H1 / Daily Forex Technical Analysis / 8.29.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is August 29th, 2019 and we will be taking a look at the Euro against the Japanese Yen. Looking at the 1 hour time we are now looking for price action to make another lower high as it's losing a lot of momentum at this previous area of resistance at the 117.78 area. If price action doesn't flip bullish here by regaining support above the 118.0 region we will be looking for an entry short with profitable conditions. Entry for a Short position near the 117.784 area, with a Stop Loss near the area of 118.007, and a target profit level area of 117.326 to possibly ensure a profitable trade with a 2.01 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
Short
by FuturesForexClasses
NZDCHF / H1 / Daily Forex Technical Analysis / 8.28.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is August 28th, 2019 and we will be taking a look at the New Zealand Dollar against the Swiss Franc. Looking at the 1 hour time frame price action is currently making its way to a previous area of support near the .620 area. If price action can hold this region and not breakdown under the .620 area we will be looking for an optimal entry long. Entry for a Long position near the .62060 area, with a Stop Loss near the area of .61862, with a target profit level area of .62636 to possibly ensure a profitable trade with a 2.91 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
by FuturesForexClasses
GBPAUD / H1 / Daily Forex Technical Analysis / 8.27.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is August 27th, 2019 and we will be taking a look at the British Pound against the Australian Dollar. Looking at the 1 hour time frame, price action is currently heading upwards towards the previous area of resistance at the 1.81 region. If price action can hold at this level and not flip bullish by regaining this area as support we will look for an entry short. Entry for a Short position near the 1.81755 area, with a Stop Loss near the 1.82425 region, and a target profit level area of 1.80004 to possibly ensure a profitable trade with a 2.61 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
Short
by FuturesForexClasses
US Dollar Currency Index / W / Weekly Forex Analysis / 8.25.2019Hello Traders, welcome to the Weekly Forex technical analysis . Today is August 25th, 2019 and we will be taking a look at the U.S. Dollar Currency Index on the weekly chart just to get into the calendar, and have an outlook into the upcoming week of August 25th. Looking at the Dollar Index here on the weekly time frame, the DXY losing the 97.6 resistance area and taking a serious leg down. Our next level of support is going to be the 96.1 area, if that fails to hold, next we would look at the 95.6 region for our next area of support. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
INDEX:DXY
by FuturesForexClasses
AUDCAD / H1 / Daily Forex Technical Analysis / 8.22.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is August 22nd, 2019 and we will be taking a look at the Australian Dollar against the Canadian Dollar. Looking at the 1 hour time frame we are looking for price action to hold at this current .897 support and resistance area. If price action can hold this support area we will be looking for an entry long with optimal conditions. Entry for a Long position near the .89774 area, with a Stop Loss near the .89606, and a target profit level area of .90465 to possibly ensure a profitable trade with a 4.11 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
Long
by FuturesForexClasses
USDCAD / H1 / Daily Forex Technical Analysis / 8.21.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is August 21st, 2019 and we will be taking a look at the U.S. Dollar against the Canadian Dollar. Looking at the 1 hour time frame we are looking for price action to hold at this current 1.328 support and resistance area. If price action can hold this support area we will be looking for an entry long with optimal conditions. Entry for a Long position near the 1.32861 area, with a Stop Loss near the 1.32705 zone, and a profit target level area of 1.33362 to possibly ensure a profitable trade with a 3.21 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
Long
by FuturesForexClasses
USDCHF / H1 / Daily Forex Technical Analysis / 8.20.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is August 20th, 2019 and we will be taking a look at the United States Dollar against the Swiss Franc. Looking at the 1 hour time frame price action is currently making its way to a previous area of resistance and support at the .983 area. If Price action reaches these levels and fails to find a bullish continuation to the upside, we will be looking for an entry short with profitable conditions. Entry for a Short position near the .98442 area, with a Stop Loss near the .98739 region, and a target profit level area of .97612 to possibly ensure a profitable trade with a 2.79 to 1 R/R.
Short
by FuturesForexClasses
AUDCAD / H4 / Daily Forex Technical Analysis / 8.16.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is August 16th, 2019 and we will be taking a look at the Australian Dollar against the Canadian Dollar. We are currently looking at the 4 hour time frame and looking to see if price action can reach its previous area of resistance at the .907 area. If price action reaches that region and doesn't gain bullish momentum we will be looking for entry short. Entry for a Short position near the .90740 area, with a Stop Loss near the .91095, and target profit level area of .89899 to possibly ensure a profitable trade with a 2.37 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
Short
by FuturesForexClasses
1
EURUSD / H4 / Daily Forex Technical Analysis / 8.15.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is August 15th , 2019 and we will be taking a look at the Euro against the U.S Dollar. Looking at the 4 hour time frame, price action just broke downward towards the previous area of support at the 1.111 area. If price action can hold this area we will be looking for an entry long with optimal conditions. Entry for a Long position near the 1.11144 area, with a Stop Loss near the 1.10921 region, with a target profit level area of 1.11657 to possibly ensure profitable trade conditions with a 2.3 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
Long
by FuturesForexClasses
NZDCHF / H4 / Daily Forex Technical Analysis / 8.14.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is August 14th, 2019 and we will be taking a look at the New Zealand Dollar against the Swiss Frank. Looking at the 4 hour time frame price action is currently finding support near the .626 area. If we can find support at this region and break upwards we will look for the best entry long. Entry for a Long position near the .62648 area, with a Stop Loss near the area of .62092, and target profit level area of .63691 to possibly ensure a profitable trade with a 1.88 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
Long
by FuturesForexClasses
USDJPY / H1 / Daily Forex Technical Analysis / 8.13.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is August 13th, 2019 and we will be taking a look at the U.S. Dollar against the Japanese Yen. Looking at the overall structure price action is making progress towards it previous area of support and resistance at the 105.5 region. If price action can turn bullish at this resistance area by flipping bullish and regaining the 105.5 as support, we will be looking for an opportunity to go long. Entry for a Long position near the 105.590 area, with a Stop Loss near the 105.050, and a target profit level area of 106.815 to possibly ensure a profitable trade with a 2.27 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
Long
by FuturesForexClasses
GBPCHF / H1 / Daily Forex Technical Analysis / 8.12.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is August 12th, 2019 and we will be taking a look at the British Pound against the Swiss Franc. Looking at the 1 hour time frame, price action is currently heading upwards towards the previous area of resistance at the 1.79 region. If price action can hold at this level and not flip bullish by regaining this area as support we will look for an entry short. Entry for a Short position near the 1.7897 area, with a Stop Loss near the 1.18361 region, and a target level area of 1.17003 to possibly ensure a profitable trade with a 1.93 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
Short
by FuturesForexClasses
1
US Dollar Currency Index / W / Weekly Forex Analysis / 8.11.2019Hello Traders, welcome to the Weekly Forex technical analysis. Today is August 11th, 2019 and we will be taking a look at the U.S. Dollar Currency Index on the weekly chart just to get into the calendar, and have an outlook into the upcoming week of August 11th. Looking at the Dollar Index here on the weekly time frame, the DXY losing the 97.6 resistance area and taking a serious leg down. Our next level of support is going to be the 96.1 area, if that fails to hold, next we would look at the 95.6 region for our next area of support. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
INDEX:DXY
by FuturesForexClasses
NZDUSD / H1 / Daily Forex Technical Analysis / 8.8.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is August 8th, 2019 and we will be taking a look at the New Zealand Dollar against the United States Dollar. Looking at the 1 hour time frame we are looking for price action to reach its last area of resistance near the .649 area. If price action can reach this level of resistance and not switch bullish to regain support we will look for an optimal entry short! Entry for a Short position near the .65062 area, with a Stop Loss near the .65495, and a target profit level area of .64081 to possibly ensure a profitable trade with a 2.27 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
Short
by FuturesForexClasses
AUDUSD / H4 / Daily Forex Technical Analysis / 8.7.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is August 7th, 2019 and we will be taking a look at the Australian Dollar against the United States Dollar. We are currently looking at the 4 hour time frame, price action fell below .672 support and resistance and area but it was quickly regained. If price action can hold the .672 area as support we will be looking for optimal conditions to go Long. Entry for a Long position near the .67253 area, with a Stop Loss near the .66907 region, and a target profit level area of .68291 to possibly ensure a profitable trade with a 3 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
Long
by FuturesForexClasses
1
EURUSD / H1 / Daily Forex Technical Analysis / 8.6.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is August 6th, 2019 and we will be taking a look at the Euro against the U.S Dollar. Looking at the 1 hour time frame, price action is currently coming off a bullish run towards the 1.119 support and resistance area. We are looking for a healthy pullback to retest its previous area of support at the 1.111 region. If price action can hold this area and regain some bullish momentum, we will be looking for an opportunity for an entry long. Entry for a Long position near the 1.11404 area, with a Stop Loss near the 1.11130 region, and a target level area of 1.12092 to possibly ensure profitable trade conditions with a 2.51 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
Long
by FuturesForexClasses
US Dollar Currency Index / W / Weekly Forex Analysis / 8.4.2019Hello Traders, welcome to the Weekly Forex technical analysis. Today is August 4th, 2019 and we will be taking a look at the U.S. Dollar Currency Index on the weekly chart just to get into the calendar, and have an outlook into the upcoming week of August 4th. Looking at the Dollar Index here on the weekly time frame, we can see the DXY rebounded significantly from last week. Overall the DXY is resisting against the 98.35 region if we fail to break above and move higher we will be looking for the 97.6 and 96.3 areas to act as support. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
INDEX:DXY
by FuturesForexClasses
AUDUSD / H1 / Daily Forex Technical Analysis / 8.1.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is August 1st, 2019 and we will be taking a look at the Australian Dollar against the United States Dollar. We are currently looking at the 1 hour time frame and are looking for price action to retest it previous area of resistance at the .687 area. If price action cannot regain control above the .687 resistance area we will be looking for an entry short! Entry for a Short position near the .68749 area, with a Stop Loss near the .68962 region, and a profit level area of .68324 to possibly ensure a profitable trade with a 2 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
Short
by FuturesForexClasses