EUR/USD SELL 1H 📉👋 Hello and welcome traders to another trade idea with Fobian
☝️ Firstly, if you like what you see, please support our work by writing a comment and SMASH that like button! 👍 Let's catch these moves together! ✅
👉 WE are waiting for conformation:
- We have triangle formation and waiting price to break it.
- EMA's give us SELL signal.
- Fib level is reach and we wait to see what will do.
💡 Why should you follow our profile on TradingView?
Consistent chart updates
Clean charts
Short and long-term perspectives
Visually teaches you valuable lessons
High probability setups
Analysis on a wide range of major markets
SMASH that follow button! 👍
💡 Leave a comment and/or message us on how we can improve and provide better content, we are open to suggestions to create a better experience for you!
Keep in mind that the analysis provided is not 100% accurate and that you can never be certain with the markets. This information given is not financial advice, always do your own research.
Forex_signals
Waiting for the descent
A completely downward slope is seen and the inclination is increasing and the ascent power is not seen. With a little ascent, we see a rapid rejection.
If we look at the cyclic, after the advancing phase, it has been in the distribution phase for some time, which shows that the MA50 tends to decline, and between 20 and 50, a cross has occurred. There are reasons for the fall phase to begin.
If the current support breaks, it is possible that the fall phase will start.
Check the status AUDCADDescription :
It seems that a relatively strong downtrend has started and now it has reached a support that has a high credibility and we are witnessing a situation of suffering and a resistance and a trend line. There are two situations. If the support breaks, we can follow The downward trend will continue, but if it breaks the resistance and the trend line with strength, it can be said that the downtrend is not so strong and it is possible to report the spread of suffering or an upward trend.
what will EURUSD do after inflation?Today was the release of the usd core inflation rate and the result is pretty dramatic, the result was 4.5% which is the highest since 2008. what will this do for the dollar? initally there was a sell off but now it seems as though price is making its way back. what we can see on the daily timeframe is we have experienced the 3rd touch of the daily uptrend so it all depends if price is going to break below or stay above. if it does stay above and continue its uptrend then we will be looking for quick in quick outs and placing our trades at the start of the London session to ensure the most volume and catch the daily movements that way.
EURJPY top-down analysisHi Guys, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis video. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover my next analysis.
Also let me know your thought in the comment section what you think about this pair.
GOLD top-down analysisHi Guys, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis video. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover my next analysis.
Also let me know your thought in the comment section what you think about this pair.
Waiting for the reductionDescription :
After a strong and long uptrend, it has been sideways and now tends to decline
As we can see, the peaks are respectively lower than each other
If the minor support we see breaks with strength and stabilizes below it, we can announce the beginning of a downward trend.
There is also a cross between MA 20 and 50 clusters.
In this situation, it is better not to look for a long position and consider shorts.
Winning trade on EUR/USDour EURUSD trade has hit take profit one today and has allowed us to place our stop loss at break even for a risk free trade. The reason for entry on this trade is that we have broken our higher timeframe uptrend and when we broke our weekly zone to the downside, this presented an opportunity to place a sell limit order at that zone for a nice 2/1 to previous low. Fundamentals that we get from brokers were also to the downside and if we take a look at the daily timeframe there are multiple pin bars to the downside suggesting that sellers have control. We are going to manage this trade closely with non farm payrolls coming out on Friday. We will either take all our profit at take profit 2 or move our stop loss to a nice level just in case that news sends this pair even more to the downside.
AUDNZD take profit 1 hit our AUDNZD trade has hit take profit 1 today so we have halved our trade and moved stop loss to entry to now be in a risk free trade. the reason for entry on this currency pair is that we identified a weekly zone of significant buy sensitivity that allowed us to place a buy limit order as we knew there would be a lot of buy pressure there and a high probability that price reaches take profit 1, we will wait now and see if price reaches take profit 2 but our goal was to take some pips and profit at the level we have and if price continues that would be a bonus.
CAD/JPY quick in quick out in the past week the CAD has seen a lot of strength against the JPY, seeing buy pressure off its weekly uptrend and weekly zone. now we see minor consolidation on the lower timeframe which could provide us with a trade for a few pips to the upside. what we are seeing is buy pressure coming in 3 times at the 4h zone and now has broken the lower timeframe downtrend. what we will be looking for now is some kind of move to the downside and buy pressure to come back in at one of the fib levels to then place an entry to the upper 4h zone for a day trade. we will only enter this trade if we get price action and entry confirmation highlighted ion our free course which you can find on YouTube.
possible buy on cadjpy we are seeing buy pressure on cadjpy after seeing buy pressure off our weekly zone and weekly uptrend, what we are going to look for on this pair before placing a trade is we need more separation from our weekly, exhaustion and entry confirmation at the weekly zone. the reason why we wait for the second injection of buy pressure is to protect us from stop hunts and give us better risk reward as we will be entering at the completion of exhaustion and not the completion of a push
DE30 Sell the pivot.GER30 - Intraday - We look to Sell at 15341 (stop at 15404)
We are trading at oversold extremes.
Pivot resistance is at 15375.
Preferred trade is to sell into rallies.
The continuation lower in prices through support has been impressive with strong momentum and shows no signs of slowing.
Broken out of the channel formation to the downside.
Our profit targets will be 15151 and 15121
Resistance: 15350 / 15375 / 15400
Support: 15300 / 15250 / 15170
EUR seeing strength after ECB announcement The ECB had an announcement today that has seen weakness in safe havens, the news was very positive announcing they will keep interest rates at -0.5%. because of this news we can expect continued strength in the EUR and weakness in safe havens like the JPY, this is why we are bullish on EURJPY, we are going to watch this one carefully and are waiting for price action and entry confirmation.
CHFJPY - moving to the upside we are looking for a long on CHFJPY, the reason for this is that we have seen consistent upward momentum on this pair alongside fundamental direction being to the upside with the JPY being the weakest currency for a few months now. at the moment we have seen a higher timeframe exhaustion and now buy pressure is coming back in, what we will wait for now is minor exhaustion and entry confirmation to place a trade to our next major level of sell pressure being our monthly zone.