Hello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see, the pair is very close to its Symmetrical Triangle breakout. One can wait for it to break either support or resistance. Let us know your views on this in the comment section....
AUD/CAD for Sell because there is a high probability that the price going down if it breaks down the Blue TrendLine..
Price broke impulsively through support, indicating downward momentum and continuation of downtrend. Plan: Await for price to retest broken support. Short to atleast 1.67
AUDJPY Long Idea Higher timeframes suggest that this pair is primarily bearish, however, we have seen a strong bullish 4hour trend. We are currently going to stick with the 4hour bullish bias as we are continuously seeing bullish confirmations. We recently saw this bullish flag form and break to the upside. Look for more bullish confirmations to then enter long...
Speculating Historic data in attempt to find an entrance in this pair, preferrably Bearish since we are more intrigued in Price Action showing us an Exhaustion in Price Action since the Bull Run has taken off. We aren't chasing Bull Run Continuation but we are also bearish due to Price Action gaining closer data near its Weekly Descending Trend-Line.
AUDUSD Long Idea We have been seeing this pair continually push up with strong bullish momentum and are looking to continue with that trend From the current level we have seen bullish price action break this triangle pattern followed by a retest. If this moves shows more conviction we’re looking to target higher toward key weekly resistance around 0.65000 If...
Commercial & Investment Banks The greatest volume of currency is traded in the interbank market. This is where banks of all sizes trade currency with each other and through electronic networks. Big banks account for a large percentage of total currency volume trades. Banks facilitate forex transactions for clients and conduct speculative trades from their own...
Hello traders! Been watching this pair, closed at +70 pips before the market went flat after US session. Closed the trade before the market closed even tho it was semi-safe but with the current market conditions, you never know what could happen. This is defiantly a swing trade with high potential profit! LOOKING FOR ENTRY NEXT WEEK! This will be more of a...
Been watching this pair for a quite time closed at +70 pips before the market went flat after US session. Closed the trade before market closes LOOKING FOR ENTRY NEXT WEEK! This will be more of a swing trade and so far looking really nice for swing trade potential!
Hello Traders, Here's my analysis for AUDUSD, buy then sell it, make sure to follow the stop loss level if you are buying Trade Safely
GBPAUD has been selling for the past month. Because of my analysis and seeing price breakthrough the support zone at 1.93761 (with that being a possible resistance zone now), i expect price to keep decreasing and enter at 1.92583 just in case there is any pullback (i dont want to enter too early). If price reaches my entry price i expect it to keep going down...
Hello Everyone ! Here we have a pretty clear SHORT setup on this pair. as we can notice Price has broken the 1H Trendline, as we know after the breakout we need the retest ( which is already finished ), we will wait next week for some candle confirmation, so we can get a nice R:R trade on this Pair 1. Broken 1h Trendline 2. Retest Completed 3. Price has been...