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CXY

USDJPY|FIRST LONG THAN SHORT!We see the USDJPY in the one-hour time frame. In the upward trend that was previously in the form of an upward channel, this channel has broken down and broken its support level. In the continuation of its downward trend to enter sales positions. Important areas of supply and demand are drawn on the chart. In the returns to the supply areas that I have drawn, enter sell positions with confirmation. My target for long positions is the supply area of 147.50. For short positions, the demand area is 146.70. ​
Short
by Golden_Star1994
USDCHF 19/11/23Usd chf following the bearish order flow as we called out last week we got our target on Friday but we still need to wait for a new range to be confirmed as we have not had two 5 minute candles closed below us and row because of this we cannot have any consistent markups until this point is formed we had a big drop off at market close that we need to wait for this to correct itself depending on if we have any gaps at market open we will monitor as market open up. Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan. We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
by PipSurfingSociety
CADJPY 1829 pips long setup (Low Prob)Probability: ~19% Reward (Target 1): 989 pips Reward (Target 2): 1422 pips Reward (Target3): 1829pips Risk: 44 pips Risk to Reward: 60 (34for target 1, & 48 for target 2) Aggressive entry 94.111 // OANDA Feed Conservative Entry 93.629 // OANDA Feed Stop loss 93.193 // OANDA Feed Take profit 1: 103.852 Take profit 2: 108.297 (Classic resistance) Take profit 3: 111.186 (Ideal Take profit) Precision of entry: High Probability of an 800 pips long straddle from current price >50% White scenario is more favourable than the red scenario
by Lyzerr
6
USD/CAD. Bullish?The USD/CAD pair appears to be forming a Daily Bias retracement to continue the rally that I expect to continue through the remainder of the week. There is important news at 8:30 New York time, potentially at that time the entry of purchases breaking the lows of the Asian range and rising, a classic Judas Swing movement. The time of the news (UTC-6) appears in the images incorporated into the graph. The harmonic pattern Bat forming in tempralidades of 4h and the daily Bias. USD/CAD Analysis: Harmonic Pattern Bat: Daily Bias: News:
Long
by Ed_Ale
3
DOLLAR FALL between two strong levelsConsider the price movement on the larger TF to get an idea of ​​the global price movement. We see that from 2016 it began to fall. Then, in 2018, it pushed off the strong support level of 89.19, rallied and was able to break the trend line of resistance 97.73. However, in July 2020 it fell and broke it again in the fall at point 93.21. After breaking the line, the price also broke through the strong resistance level of 93.12 and finally returned to the level from which it started to rise - 89.19. Now the price is in the resistance zone 93.12, where the 2016 level and line intersect. I expect the price to fall from this level and return to the 89.81 support level. This will be our goal. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
TVC:DXYShort
by Lingrid
18
Cad heading into a risky zone The cad bullish momentum is going to be tested within the zone because it heading towards a major resistance zone. This zone has rejected several trends, causing bearish momentum in the past Now would be the best time to test for the bearish emergence being that the cad is another safety currency. As the market's fears over the viruses ease more the cad might not look as favorable anymore and there could be huge profit-taking and shifting of currency demand.
TVC:CXY
by SoryKaba