Get started

Forex-currency

EURJPYWhat's up guys ! As price started making a downtrend and bears are taking control from the larger timeframe, I'm looking for buy setups on the smaller timeframe as price approaches a major daily support zone/area On the 30M timeframe,A classic MDB divergence is formed and price seems to be hovering around this zone and I'm looking for a buy setup at the break of the last swing high and the 30M trend line in green Set my alarms and getting ready to engage What do you guys feel ?
Long
by newschooltrader
AUDUSDWhat's up guys ? I'm looking for sell setups as the BEARS seem to be in strong control of the market as price makes lower lows and lower highs, Price seem to be hovering around the 0.73400 and 0.72900 H1 support area Currently looking for a massive break of this zone by the bears with momentum candles and that will make a good sell entry on the retest Price also respected the EMA50 and can also break the trend line cause it has been respecting it and seems to be getting weaker , only if this happen we will be looking for sell setups around the upper resistance weekly zone in purple What do you guys feel ?
Short
by newschooltrader
GBPJPYWhat's up guys ! This is what I am saying about alerts, I would have entered this trade earlier at the break of the first swing low which was followed up by the EMA cross Also the MACD divergence falls into place but it's all past and to prevent it set alerts on pairs in your watch list after analyzing the charts and seeing visible entry or setups Price breaks the support zone and seems to find it hard to make higher highs as it respects the newly formed resistance zone , looking for a sell set up on the break of the last swing low (bear) and target a R:R of 1:2 What y'all feel ?
Short
by newschooltrader
EURUSD before FED. What do we expect? Today is the FED Interest rate decision. This is the most important event right now. Based on that we will see certain moves in the market. That's why we will wait for it in order to see in what direction we want to trade. The question is not if there will be change in the interest rate - there won't be! The question is when is that expected to happen in the future. The comments following the news are even more important and they will definitely cause some big moves. Right now, no one knows what will happen, what will be said and how it will affect the market. That's why in moments like this the market is quiet. We prefer to stay away from trades before the news but to spend more time analysing. If you don't want to be exposed to too much risk, then I suggest you wait. Those are the key levels that we will be watching out for. We now have a higher low and a higher high. This is a sign for an additional upside move. In such a case the level that we will be looking for is 1,1880. Looking to the downside the first support is at 1,1777. Price closing outside any of those levels will give us a clear picture of what to expect, but we will be commenting on that tomorrow.
by ForexTrendline
18
GBPUSD bullish scenario:In this pair, you can find a technical figure Channel Down. The Channel Down has broken through the resistance line on 27/07/2021. GBPUSD forming a bullish formation on a daily chart. If the price holds above this level you can have possible bullish price movement with a forecast for the next 11 days with a target of 1.39651. Your stop loss order according to experts should be placed at 1.3572 if you decide to enter this position. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
Long
by legacyFXofficial
1
📈EURUSD awaiting the FED decisionWe are waiting for FED's interest rate decision tomorrow. This is the most important event right now. Based on that a lot of trades are being taken and future moves are being determined. That's why we recommend to not trade before such an important news. Once we have a clear market direction, that's when we want to get involved. What are the expectations and more likely scenarios? EURUSD is still in a downtrend. As long as the pair doesn't go above 1,1880 that will remain unchanged. Also, it's very likely that we will see price reaching 1,1840-50. This is an entry opportunity using a low risk. If you will be doing that then make sure to wait for a push of the level and a reversal candle! Everything will be clear after the news, therefore if you don't want to take on unnecessary risk just wait! 👍 Please support this idea with like and comment so we can help more people together. Thank you in advance! 🙏
Short
by ForexTrendline
6
GBP / JPY - PRE MARKET UPDATEYo Pre-makret analysis for Sunday 7/11/2021 * Analysis / Sentiment * GBP/JPY was volatile last week, going up and down 150+ pips. Closing out the week bullish , closing above 153 price level. For the start of the week I am anticipating price will correct this bullish move. 153.2 & 153.5 could be possible resistance levels to look at. Depending on what price does when the market opens, it might go down to 152.6 then potentially go up from there. Keep in mind this is just an overview right now. I will provide an updated as we go into London Session. * Key Levels * 154 153.5 153.2 153 152.6 * Disclaimer * This is my analysis, anything you execute on is on you . DONT OVER TRADE! - James
by JamesCapital
USD/JPY Buying Opportunity about to Rise Again?Hey Traders I just noticed a nice doji like hammer formation on the USD/JPY daily chart I believe this is a good entry to buy with risk managment. I will buy at this price and place my stop below the wick of this candle. Another way to trade without a stop is to use Nadex Call Spreads they are great high leverage with limited risk! Always look at every trade as how much can afford to lose. Make sure it is your risk managment tolerance. Most experts recommend never to risk more than 2% of you total account equity on any given trade. Then protect your profits until market reaches your desired target. Trade Well, Clifford
Long
by TradeTheIndex