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Forex_signals

EURJPY 1HR CHART SIGNALWe have a nice head and shoulders pattern on the 1hr time frame for EURJPY, there is also double confirmation coming from a good rejection from the 4hr resistance @144.486. we also see the breakout of the uptrend we currently had going on for the past week making it even better opportunity for the sell coming up. A nice point of entry would be around @144.000, putting our SL right above the right shoulder which would be around @145.500 giving us a good space incase we see a small pullback allowing us to stay inside our trade. For our TP I am looking at 1-1 risk/reward so the first TP would be @142.500 and to maximize our profits I would aim for the seconde TP down to the 4hr support which would be around the @140.317.
Short
by Juliansd
1
🎁Low risk buy position for the GBPAUD with +260 pips profits🧨🔰You can see the analysis of the British pound to Australian dollar currency pair in the time frame of one hour (GBPAUD_ 1H) 🔍💰 🌟Considering that the price has been able to break the Down trend line🖤 and is pulling back to it, if the price can reach the DEMAND zone, it can rise up to the SUPPLY1 zone 🔺🚀 Do you think this analysis can be profitable🧐❓ I hope the analysis was useful for you🤍🌹 ______📈TRADER STREET📉________
Long
by TRADER_STREET
chf/jpyLooking here at chf/jpy im anticipating price to continue in this downward direction and at minimum retest previous support area, Now price can break and continue down to go create a lower low, it would be recommended to take partials and move stops into Profit when trade is running 45+pips Disclaimer- information share is not investment advice, i am simply sharing my opinion on a currency and all information shared is for educational and demo purposes only!
Short
by therealbinarymaster
1
#GBPCHF looking for a short-term buying opportunityprice 4H timeframe bullish structure move, followed by a lower timeframe bearish corrective move which brought price close to static support area and shows price intention of more upside move. for taking a buy position we need: 1- price tap into the supporting area 2- see some bullish move in form of engulfing candle which shows that buyers are in the market. 3- see clear shift in lower time frame market structure ( price failing to create lower low )
Long
by mohemati
Why are fundamentals ESSENTIAL in forex trading?What is the thing that manipulates the market to make sure your stop loss is touched in less than a minute? Simple, Fundamentals. Forex trading constitutes the most accessible form of trading for individuals. Low barrier entries, low commissions, forex possess everything that a young trader wants. However, content that most young traders learn from on YouTube puts emphasis on technical analysis and neglects fundamental trading. Big institutions like central banks or hedge funds, who are the ones moving the price, always make entries depending on the economics of a state. For example, EURUSD has recently reached the historical level of under 1.00000, a level that hasn’t been reached for over 20 years, after the European Union stopped dealing gas and oil with Russia. (see the image in the chart) Furthermore, oil prices are closely related to Canadian currency, where increasing the price will increase the value of the currency. As the price of oil is increasing, AUDCAD is reaching historical levels of under 0.86000. Therefore, we can clearly see that fundamentals influence the market’s direction. We can apply fundamentals to reduce our risk as well. Indeed, we can identify risky opportunities and filter out bad trades or reduce the position size. However, over the short term technical analysis can be a practical tool to determine price reversals or the timing of an entry. History tends to repeat itself, it is the same about markets. As a matter of fact, we can use historical market price data to forecast market movements. In a perfect world, each trade would be the result of a mix of the two, with fundamental analysis assisting technical analysis. In conclusion, digital content to learn trading leans toward technical analysis even though fundamentals contribute to an important part of profitable trades by forecasting future market prices.
Education
by vf_investment
3