Get started

Forexdaily

XAUUSD (Gold) Slightl bullish in trend but still not clear the wXAUUSD (Gold) Slightly bullish in trend, but still not clear on the way. The major level at the Gold tested was 2060 and gained more power from 2040 after last weekend's movements. Now, if the H1 closes above the 2050 zone, it will short-term push the price toward 2060. The price of the US dollar was also up from 102.097 and is trading at 102.459. Technically, we sell from the 2060 zone with 50 pips. Stop loss. Note: If China, Japan, and US armor sales and news of war get authentic, then gold will move its trend from bearish toward bullish movements. Keep an eye on the US index and other international channels for gold trading. If you see some price rejections from the 2060 or 2050 zone, then you must sell the gold, and the target level must be 2040, 2033, and 2020.
OANDA:XAUUSD
by Bloom_Forex_Official
EURUSD 1HEuro (EUR) / United States Dollar (USD) 1H Time Frame LONG OPPORTUNITY As you can see EURUSD is heading bullish towards its support at 1.18000 which i think will reach and possibly go higher. I actively have two take profits which are stated. TP1 - 1.18000 TP2 - 1.18500 And also the possibility of a third take profit at, TP3 - 1.19000 The purple box you can see is a support that has been used in the past but has been extended for future supports & analysis. I will be doing a update on this chart Tuesday 24th August to check on chart movement and also update my brief about its next move. If you like my analysis and brief give it a thumbs up. Follow my TradingView page for more. If you have any questions please feel free to leave a comment below or send me a direct message. THIS IS NOT FINANCIAL ADVICE THE CRYPTO PLANET
Long
by TheCryptoPlanet9
AUDJPY testing resistance, remain bearishSell below 88.28. Stop loss at 88.70. Take profit at 87.24. Reason for the trading strategy (technically): Price continues to test major resistance at 88.28 (ABC Fibonacci extension, 50% Fibonacci retracement, Elliott wave corrective structure) and we remain bearish below this level for a drop towards 87.24 support (Fibonacci extension, horizontal swing low support). RSI (34) sees major descending resistance line acting as resistance to push price down from here.
Short
by MEX_Exchange
1
USDJPY major support broken, time to sellSell below 111.02. Stop loss at 111.97. Take profit at 109.49. Reason for the trading strategy (technically): Price has closed below major support at 111.02 (Fibonacci retracement, horizontal overlap support) and this has triggered a bearish exit. We look to play the drop to at least 109.49 (Fibonacci retracement, horizontal overlap support, Fibonacci extension). RSI (55) has made a recent bearish exit which is in line with the bearish exit we’re seeing in price.
Short
by MEX_Exchange
NZDUSD testing channel support, remain bullishBuy above 0.7041. Stop loss at 0.6946. Take profit at 0.7197. Reason for the trading strategy (technically): Price is testing channel support and it might make a fake bearish breakout because we see major support at 0.7041 (Fibonacci retracement, Fibonacci extension, horizontal pullback support). We remain bullish above this level for a push up to at least 0.7197 resistance (Fibonacci extension, horizontal swing high resistance). RSI (34) sees multiple ascending support lines holding current price action up. Only a break of these liens would trigger a bearish move.
Long
by MEX_Exchange
4
AUDJPY testing major resistance, remain bearishSell below 88.09. Stop loss at 88.71. Take profit at 86.69. Reason for the trading strategy (technically): Price continues to test our major resistance area at 88.09 (Fibonacci retracement, Fibonacci extension, horizontal swing high resistance) and we remain bearish looking for a drop towards 86.69 support (Fibonacci retracement, horizontal support). Stochastic (55,3,1) is seeing major resistance at 99% and is starting to drop nicely.
Short
by MEX_Exchange
1
AUDJPY continues to test resistance, remain bearishSell below 88.09. Stop loss at 88.71. Take profit at 86.69. Reason for the trading strategy (technically): Price has reached our selling area and continues to test major resistance at 88.09 (Fibonacci retracement, horizontal swing high resistance). We expect a strong drop from this level towards 86.69 support (Fibonacci retracement, horizontal support). Stochastic (55,3,1) is seeing major resistance at 99% and is starting to drop nicely signalling a further drop could be expected.
Short
by MEX_Exchange
USDJPY dropping nicely, remain bearishSell below 113.22. Stop loss at 113.96. Take profit at 111.79. Reason for the trading strategy (technically): Price continues to drop nicely as expected. We remain bearish looking to buy on strength below major resistance 113.22 (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance) for a push down to at least 111.79 support (Fibonacci retracement, horizontal overlap support). Stochastic (34,3,1) is seeing major resistance below 97% where we expect a strong reaction from.
Short
by MEX_Exchange
AUDJPY profit target reached perfectly, prepare to buy againBuy above 86.55. Stop loss at 86.11. Take profit at 87.78. Reason for the trading strategy (technically): Price has bounced up perfectly to our profit target from last week. Today we prepare to buy above major support at 86.55 (Fibonacci retracement, horizontal swing low support, Fibonacci extension) for a bounce up to at least 87.78 resistance (price gap, horizontal resistance). RSI (34) is seeing ascending support holding up our bullish momentum really well.
Long
by MEX_Exchange
AUDJPY dropping nicely towards profit target, prepare to buyBuy above 86.02. Stop loss at 85.72. Take profit at 87.01 and 87.38. Reason for the trading strategy (technically): Price has dropped perfectly towards our profit target. We prepare to buy above major support at 86.02 (Fibonacci retracement, Fibonacci extension, horizontal swing low support) for a push up first to 87.01 (Fibonacci retracement, horizontal overlap resistance, Fibonacci extension) before a further push up to 87.38 resistance (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance). Stochastic (34,5,3) is seeing strong support above 1.5% where we expect a further bounce from.
Long
by MEX_Exchange
AUDUSD right on major support, prepare to buy for a bounceBuy above 0.7969. Stop loss at 0.7911. Take profit at 0.8066. Reason for the trading strategy (technically): Price is now testing major support at 0.7969 (Fibonacci retracement, horizontal overlap support) and we expect to see a bounce above this level for a rise at least to 0.8066 resistance (Fibonacci extension, horizontal swing high resistance). RSI (34) is seeing pullback support to our descending resistance-turned-support line and we expect to see it make a bounce off from here similarly to the bounce we’re expecting on price.
Long
by MEX_Exchange