EURJPY top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 in my next analysis.
Forexforecast
Gbpaud uptrend
The uptrend continues after exiting strong accumulation.
The price is trying to break through the price channel upwards, thereby increasing the distribution movement,
I think that a slight rollback to support with further growth is possible.
Actual target - resistance 1.90
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❗️8/8 last GBPAUD ideas come TRUE ❗️
✅GBPAUD №1 ✅GBPAUD №5
✅GBPAUD №2 ✅GBPAUD №6
✅GBPAUD №3 ✅GBPAUD №7
✅GBPAUD №4 ✅GBPAUD №8
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USDCNH top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 in my next analysis.
USOIL top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 in my next analysis.
USDCNH top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 in my next analysis.
GBPUSD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 in my next analysis.
Forex Analysis and Forex Forecast on CAD/JPYThe CAD/JPY is long term bullish and short term bearish, I think price has traded into the bullishness of the cad/jpy. Price has traded into the h$ order blocks so therefore, we wait for a little confirmation on the lower time frame of which I think I have entered even before the confirmation is appearing. We should expect a break in market structure on the lower timeframe to enter the bullish run.
GBP/USD Weekly Analysis (3rd week of July,2021)Comments from Bank of England officials during the week, pointing to the need to reduce asset purchases earlier than expected, failed to lift the pound significantly. “The impact on GBP was limited, partly because the next step in the eventual policy normalisation process (rate hikes) remains still some way off. Despite the increasing Covid-19 cases, the UK government will deliver the final part of the reopening/end of restrictions on 19 July”, explain ING analysts. Next week UK data includes June retails sales and July PMI, both reports due on Friday.
DXY Forex Forecast and Analysis - Smart Money ConceptThe dollar index which is DXY is really bullish but the fact that it is bullish doesn't mean that we cannot sell. But is has to be done based on knowledge. Price has been forming a higher high and lower lows, but where the price is currently is kind of forming a failed swing which means, it is not recommended to buy or sell until there is a clear direction via a break in market structure.
USDJPY possible head & shoulder pattern!!Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 in my next analysis.
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.