Get started

Currencytrading

NZDCHF SHORT MULTI-TF ANALYSISHello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go. . NZDCHF Multi-timeframe analysis Daily view (structural timeframe) : Took resistance from "Daily Resistance zone". 4 hour (behavioural timeframe) : It has given "Breakdown Of Trendline" with huge bearish impulse. 1 hour (entry timeframe) : Now it is forming "Ascending Triangle". . Now we could see downside continuation movement on 1 hour breakdown. Wait patiently. Thank You !!!!1
Short
by Twobrainztrader
1
EURUSD LONG TRADE Multi-TF analysisHello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go. . EURUSD Multi-timeframe analysis Daily view (structural timeframe) : it has given breakout of descending channel. 4 hour (behavioural timeframe) : it has given breakout of descending channel with strong bullish impulse. 1 hour (entry timeframe) : it is forming descending triangle. . Wait patiently for breakout and we could see upside continuation movement.
Long
by Twobrainztrader
AUD/JPY tips its (bearish) hand after struggling at resistanceAUD/JPY is one of those currency pairs that can chop around for periods of time, then one day switches on the momentum. And I suspect the market has tipped its hand to a downside move with yesterday’s bearish candle. A resistance zone formed in April between 94.24 - 95.75 in April, where breaks above it have ultimately failed and the resistance zone gets respected one more. Since late October we have seen several failed attempts to break the resistance zone, and a bearish divergence formed on the RSI(2) ahead of yesterday's selloff. I suspect the high is now in place. It closed below the 50-day EMA but found support at the monthly pivot point, so I’m now waiting for a break low to bring 92.89 (call it 93.0) and the monthly S1 (near 92.0 and its 200-day EMA) into focus.
Short
by CityIndex
MH Indicator on GBP/USD Vs. EUR/USD: Intra-day case study5-trade days (26th October 2022 to 01st November 2022), the MH (Market Hedge) Indicator was used to spot the Buying/Selling opportunity in the most correlated currency pairs of the World. In case of pairs trading one asset (GBP/USD) is bought/sold and simultaneously the other asset (EUR/USD) is sold/bought. In Currency trade, the most widely used leverage is 1:100, however, in the present case study, the leverage ratio was kept 1:50 (to be safer). Results: ROI was 57.26% in total of all the trades closed as encircled in the Chart. Out of the total 20 closed trades, only one was closed with losses (only $ 1.67 USD), highest profit from one trade was $ 7.38 USD, closed at 8:30 pm on 28th October 2022. Hence, you may assume the Risk-Reward ratio as 1:20 (0.05). Happy trading with MH Indicator Team, InvestSystemic
by InvestSystemic
Forex Update: AUDJPY, EURJPY continuation watch Hi, and welcome to Monday's update. Today's focus is on AUDJPY and EURJPY. Will we see intraday continuations? Today's video covers the 4H, but these trade ideas are seen from the 6H timeframe. We have confirmation with the CCi making a zero bounce in an uptrend with the MA supporting with an up angle. Price has made a new HL, and the AUDJPY has formed a new HH. We would like to see the AUDJPY break 95.16 to trigger the buy idea and the EURJPY continue to trade above 147.36. If both markets can continue to move higher, we would like to see the E/J break 147.70 resistance and both pair rally back up to test/break last week's highs. If both markets move lower for the next two 4-hour bars, we would see this as a warning and that buyer momentum might not be that strong. So far today, we are witnessing decent buying from the majors to the jpy, so based on the patterns, we are looking for that to continue. Good trading, and enjoy your Monday.
Long
by Eightcap
Trade With The Trend You'll Be ConfidentHey Purpose Trader, Trading with the trend has been the recommended go to for decades of trading. Could it be because there is truth to the actionable statement? I think there is. Let's take NZDUSD here. You nor I know what can happen next, but you and may be able to agree on 1 thing. This currency pair is trending down. What does "trending down" mean? Trending means following and down of course means decrease. When we relate the term to the forex market it means that price is dropping. The last highest price from where the last decrease came from was around 0.58136. Price then decreased to 0.55123 passing the last lowest price of 0.55658. And there you have it! The trend! You know whats cool about this, it didn't take structure to see that. It just took 3 price note tools on the daily timeframe and viola! You have price direction! This makes me interested in the next move this pair can make. If today, price closes bearish, it could give me hope that we may see a new Lower low in the future. This will give a favorable risk to reward so I'm going to roll with it. And just like that we have easy peasy trend trading analysis. I'd love to know if you agree, have a question, can add value, or if you see something different. Let's chat in the comment section below. If you liked the analysis share the post. 😍 Happy trading.
Short
by ShaquanLopez
1
Double Top Or Higher High? What Do You See?Double tops and higher highs can be synonymous to some traders. I believe that is ok, but they both speak to different Technical Analysis. A trader who trades may not recognize the higher high as following the trend, but rejection. Where as a trader who trades higher highs may see the high as buyers pushing the market higher and will wait for a pullback. I created this video to speak to the technical side of both based on a students price chart. He is doing an amazing job simplifying is trading strategy and I loved his POV. Let me shout out my community Trade On Purpose(recently known as Swing Trader Society). You guys are awesome and I'm grateful y'all allow me to help. Let me know in the comment section below. What do you see, a double top or a double bottom.
Long
by ShaquanLopez
1
AUDUSD continues to hold at a last line of defence.Hi, thanks for tuning in for today's update. Today we're looking at the AUDUSD as, despite Tuesday's crunching price, contuse to hold at a well-established demand and support area. There are a few things happening with the AUDUSD atm. First, we can see firm support at the 6720 area. We can also see OBV presenting rough divergence, but it's not what you would call a classic example. Tuesday's sell-off could be an overreaction and possibly an exhaustion bar. For us, the case is rather simple. While the support area holds, we will look for buyers to continue to hold out and possibly set up a new move higher if they can gain momentum. A lot will come down to the USD for this to happen. If price breaks support, we will look for further downside. A leading factor to watch out for today is US retail sales, and a hot figure could boost the USD as the market remains sensitive to inflation. US retail sales data will be released today at 8:30 am EST. As always, we like to hear back from the community. Please feel free to share your comments about the AUDUSD or the USD. Have a great Thursday and good trading.
by Eightcap
EURUSD and GBPJPY set to continue their moves lower? Welcome to Monday’s update. In today’s video analysis, we’re looking at the EURUSD and GBPJPY on the short side. Friday’s employment data came out mixed, and while we did see a short push higher sellers took control in the NY session, setting up a fade into the end of the week. USD momentum has continued so far on Monday, with the risk majors trading lower after early attempts to push higher. The EURUSD could be confirming a new continuation lower after last week's LH. A break and close below last week's low could tell us that the current downtrend is set to continue. The GBPJPY has returned to the base of its descending triangle pattern, and if sellers can break out and hold a close lower, this could be a new downside breakout. We really want to see a firm lower close as we have seen a few examples of false breaks going back to June this year. What are your thoughts? Please feel free to give us your feedback or ideas if you think differently or if you see something we have missed. We thank you all for stopping by and wish you a good week. Good trading
Short
by Eightcap
2
Could today’s NFP confirm the USD breakout? Hello all, welcome to today’s update. Today’s video focuses on the USD index after buyers made another strong move in yesterday’s NY session. In today’s video, we run over the price current price action and trend structure after buyers made a breakout yesterday, clearing 109 resistance that held buyers back during this week. The USD continues its fantastic run in 2022 as Fed policy maintains buyer demand. Price jumped to new 2022 highs yesterday and continues to track nicely on its current fast trend. Attention moves to today’s US employment data, as this could maintain the run or lead to a pullback as traders will be waiting to see if we see another hot payroll figure. The last several releases have beaten expectations and come in hotter, so if we do see this pattern continue, will this be the confirmation for yesterday’s resistance break? We think a lower figure will most likely have a negative effect on the USD index and could cause a failed break. Attention could also be on major risk currencies like the EUR, AUD and GBP as they sold off yesterday, and if we see another push higher on the USD today, this could continue their pain. Tonight’s US employment data will be released at 10:30 pm AEST / 8:30 am ET. Thanks for stopping by to check out our latest analysis. Enjoy the rest of your day and your weekend.
EIGHTCAP:USDX
by Eightcap