GoldViewFX - END OF WEEK UPDATEHey everyone,
A piptastic finish to the week for us on the charts, with all our chart ideas playing out as analysed. Please see our 4H chart idea shared on Sunday, playing out level to level into the retracement range and then supported by the channel half-line for the perfect push up, hitting all our bullish targets.
We continued with our plans to buy dips for a safe exit at 1965 to close the week - BOOOM!
We will now come back Sunday with our multi timeframe analysis and trading plans for the coming week.
Have a great weekend all!!!
Mr Gold
GoldViewFX
Forexanalysis
GoldViewFX - MARKET UPDATEHey Everyone,
Our plans to buy dips this week has been playing out perfectly. Once again we had another drop into the full retracement range with a break and lock below 1937, which opened the swing zone. We saw some movement into the new swing structure but still room left, as price found support at the channel top for a push up.
We rode the movement up from the drop, all the way up for a clean finish to a TP target we had posted last night.
We remain Bullish navigating the levels up and down buying from dips; we just need to keep in mind the range has now increased in size when managing risk. We continue to use the right setup support levels to pick the perfect entries and resistance levels for the perfect exits.
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
USDCAD expecting new bearish
Hi viewers, USDCAD price on zone, we are have strong bearish push in week before, which for me means strong bearish volumen gathered and now we can expect and new bearish, currently here in next days expecting to see break and higher bearish till TPs
TP1: 1.33350 (80)
TP2: 1.32900 (125)
TP3: 1.32500 (165)
BluetonaFX - USDJPY Critical Week for the US Dollar UpdateHi Traders!
PLEASE SEE LINK TO ORIGINAL IDEA BELOW.
USDJPY has now broken the 140 level with momentum to reach the 141 area and has fulfilled our idea. We have also broken our bullish price channel on the chart. We have further long-term vector levels to the upside that we mentioned in our previous ideas (links also below).
We do have further fundamental announcements today with the ECB's interest rate decision later today and US Retail Sales and Initial Jobless Claims so please make sure that you trade safely and responsibly.
Please remember to support us by liking, following, and commenting on our posts; this helps us greatly.
Thank you for your support.
BluetonaFX
NZDUSD, H4 | Fibonacci confluence reversalWe're seeing big resistance at 0.6182 which is a pullback resistance + 50% Fibonacci retracement and a 61.8% Fiboancci retracement. A reversal from here could see prices drop to 0.6149 which is our intermediate support - breaking that level could see a further bearish acceleration down to 0.6119.
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BluetonaFX - GBPUSD Triangle FormationHi Traders!
There is a symmetrical triangle formation here on the GBPUSD 1D chart, and we are awaiting a breakout on either side.
There is strong resistance at the 1.26800 level; there must be a break and close above this level for a possible continuation to 1.27000.
To the downside, we have strong support at the 1.22746 level, and we must break below this level for a possible continuation down to 1.22000.
This trading week will be very busy with all of the upcoming fundamental announcements, and there are bound to be big market moves, so make sure you trade safely and responsibly.
Please do not forget to support us by liking, following, and commenting on our posts; this helps us greatly.
Thank you for your support.
BluetonaFX
EurGbp could rise back to resistanceAfter Friday's break under the recent low, EurGbp reversed yesterday leaving a strong bullish engulfing on our daily chart exactly in 0.8550 zone support.
This bullish engulfing could be an indication that more gains are coming and the target for bulls could be 0.8720 resistance.
In the case of a new low, this outlook is negated.
GoldViewFX - MARKET UPDATE
Hey Everyone,
Great start to the week with our Bullish target at 1966 HIT as stated yesterday. Price then failed to break and close above 1966 weighted level, which then followed with the rejection. Perfect EXIT!! We are now seeing price head into the support structure and now seeing another bounce up.
There is room for more movement down to complete the retracement range. We need to keep this in mind when planning entries. We will continue to see price play between these structures until one of the weighted level crosses and locks with ema5 to open the new range.
We will need to see EMA5 cross and lock above 1966 to open the upper bullish levels to complete the previous gap at 1979. We expect a volatile week ahead with lots of high volatility news and events during the week.
We will continue with our plans to buy dips and track the movement level to level.
Our long term projection still remains Bullish.
BULLISH TARGETS
1966 - DONE
EMA5 CROSS AND LOCK ABOVE 1966 WILL OPEN 1979
BEARISH TARGETS
1957
1947
1937
EMA5 CROSS AND LOCK BELOW 1937 WILL OPEN THE SWING RANGE
SWING RANGE
1918 - 1904
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
BluetonaFX - EURUSD KEY LEVELSHi Traders!
Please see our new levels for EURUSD below.
Vector Level: 1.08047
Vector Level: 1.09298
Anchor Level: 1.04833
Apex Level: 1.10956
The recent price action on the 1D chart is telling us that EURUSD is looking for a direction to continue in. We have been stuck in a range (highlighted on the chart) for the past two weeks or so, and key decisions and announcements this week from the ECB and the Federal Reserve will most likely take us in a certain direction.
To the upside, if there is any USD weakness or EUR strength, our first vector level is at 1.08047; we have not been above this level for almost a month. If the market breaks and closes above this level, then we have the next vector level at 1.09298 and then our apex level at 1.10956.
If there is EUR weakness or USD strength and we stay below 1.08047, then it is very likely that we will target our anchor level of 1.04833. This anchor level is a very important level, as we have not been below it this year.
This trading week will be very busy with all of the upcoming fundamental announcements, and there are bound to be big market moves, so make sure you trade safely and responsibly.
Please do not forget to support us by liking, following, and commenting on our posts; this helps us greatly.
Thank you for your support.
BluetonaFX
GoldViewFX - 1H CHART UPDATED LEVELS & TARGETSHey Everyone,
Please see our 1H chart with updated levels and targets.
Price has broken out of the descending channel and found support on the channel top for the break out. We are now seeing price range sideways, right in the middle of both support and resistance structure. All MA's are also converging together gearing up for a breakout. The retracement structure has been holding well as support providing a nice bounce up every time, working inline with our plans to buy dips.
We remain Bullish with our next Bullish target at 1966. We will need to see EMA5 cross and lock above 1966 to open the upper bullish levels to complete the previous gap at 1979. We expect a volatile week ahead with lots of high volatility news and events during the week. The retracement range is measured accordingly to support any swings. Unless we see EMA5 lock below the retracement range this structure should hold well. A break below the retracement range and we are likely to see the swing range open up.
We will manage the range and swings accordingly using our EMA5 cross and lock to navigate level to level.
We will continue with our plans to buy dips and track the movement level to level.
Our long term projection still remains Bullish.
BULLISH TARGETS
1966
EMA5 CROSS AND LOCK ABOVE 1966 WILL OPEN 1979
BEARISH TARGETS
1957
1947
1937
EMA5 CROSS AND LOCK BELOW 1937 WILL OPEN THE SWING RANGE
SWING RANGE
1918 - 1904
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR