Forexforecast
USD/CAD analysisHello, this is our point of view about USD/CAD, as you can see we have a strong resistance level, after confirmation we will go into a long trade. We set our SL arround 1.38000 and TP arround 1.29000. we wish you a great day!
USD/JPY analysisHello, this is our point of view about USD/JPY. As you can see we have a strong support zone around 109.000. After support zone confirmation we will go into a long trade, SL around 107.850, TP around 112.100. We hope you enjoy this analysis, have a good day!
EUR/USD support line comfirmedHello! As you can see our weekly support line is comfirmed. We look for a long trade as you can see, this is our Sl an TP. We wish you a good day!
buy #Audusd 0.7000 sl 0.6955 tgt 0.7050-0.7100-0.7200buy #Audusd 0.7000 sl 0.6955 tgt 0.7050-0.7100-0.7200
Hello, this is our point of view on EUR/NZDHello, this is our point of view on EUR/NZD, we wait for the resistance confirmation. After that we will go into a short trade. We hope you enjoy our analisys. 24ProTrade team wish you a great day!
Hello, we get the support zone confirmation on EUR/USDHello, we get the support zone confirmation on EUR/USD, we will go into a long trade, we put here our SL and TP. We hope you enjoy our analisys. 24ProTrade team wish you a great day!
Hello, we have the resistance confirmation on USD/ChfHello, we get the resistance confirmation on USD/CHF on the daily chart. We hope you enjoy our analisys. 24ProTrade team wish you a great day!
Hello, this is our point of view about EUR/JPYHello, this is our point of view avout EUR/JPY, we see a long trade posibility. We hope you enjoy pur analysis. Have a good day!
POSSIBLE BEARISH WOLFE WAVE ON USDJPYPossible BEARISH WW detected on USDJPY 4H TF. Entry, Sl and targets on the chart. OANDA:USDJPY
EURAUD / H4 / Daily Forex Technical Analysis / 5.3.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is May 3rd, 2019 and we will be taking a look at the Euro against the Australian Dollar. Looking at the 4 hour time frame, we can see price action had a nice move off the lows near the 1.5721 support area. Looking at the overall structure price action may still have room to run up to a key area of support and resistance near the 1.6031 region. We may be getting ahead of ourselves here, but the NFPs may cause volatility to reach that resistance area of 1.6031. If we reach these levels we would be looking for an opportunity to go Short near the 1.60451 area, with a Stop Loss near the 1.60808 region, and target a profit level near the 1.59632 area for what can be a profitable trade with a 2.29 to 1 R/R.
NZDCHF / H4 / Daily Forex Technical Analysis / 5.2.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is May 2nd, 2019 and we will be taking a look at the New Zealand Dollar against the Swiss Franc. Looking at the overall structure on the 4 hour time frame, we may see a retracement back to a key support area near the .6720 region. This area has held as support many times in the past and we're going to see if we can enter a Long position off the .6720 support zone. Entry for a Long position near the .67152 area, with a Stop Loss near the .67032 region, with a target level near the .67417 area can possibly ensure a profitable trade with a 2.21 to 1 R/R.
Usd/Cad Strong SellFX:USDCAD
Open Sell Position between 35200-35700
SL 1.36370
Tp: 1.18135
R/R: 1/20
GBPUSD / H1 / Daily Forex Technical Analysis / 5.1.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is May 1st, 2019 and we will be taking a look at the British Pound against the U.S. Dollar. Looking at the 1 hour time frame we would like to see a breakout of the previous highs near 1.304 zone with a bullish close above these highs to confirm an opportunity to take a Long. Once we see that close beyond the highs we can look to enter a Long position near the 1.30501 area, with a Stop Loss near the 1.30222 region. With a profit target level near the highs of 1.31070 to possibly ensure a profitable trade with a 2.04 to 1 R/R.
AUDUSD / H4 / Daily Forex Technical Analysis / 4.30.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is April 30th, 2019 and we will be taking a look at the Australian Dollar against the U.S. Dollar. Now keep in mind we do have the China manufacturing numbers (PMI numbers) coming out today, certainly a key report which may have a news effect on the AUDUSD as well. Looking at the 4 hour time frame here we're looking for a news trade where price action retraces to the .70081 region, setting us up for a long opportunity if we get some bullish rejection at these levels. Entry for a Long position near the .70065 area, with a Stop Loss near the .69823 area below the lows, with a target of the .70552 area for what can possibly be a profitable trade with a 2.01 to 1 R/R.
NZDCHF / H4 / Daily Forex Technical Analysis / 4.29.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is April 29th, 2019 and we will be taking a look at the New Zealand Dollar against the Swiss Franc. The overall structure we are currently seeing is a nice triple bottom off the .67203 region and price action heading back up towards a key resistance area near the .68165 zone. Looking at the 4 hour time frame what we're looking for is price action to reach these levels for optimal conditions to enter a profitable trade. Entry for a short position near the .68161 area, with a Stop Loss near the .68314 levels, to possibly ensure a profitable trade with a 2.02 to 1 R/R. We are so thankful to have you tune in, please feel free to write a comment or leave feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
AUDCAD, An uptrend is beginning..forecast :
While the price is above the support 0.9105, resumption of uptrend is expected.
We make sure when the resistance at 0.9775 breaks.
If the support at 0.9105 is broken, the short-term forecast -resumption of uptrend- will be invalid.
suggestion:
There is possibility of temporary retracement to suggested Buy Zone (0.9380 to 0.9315).
Take Profits:
Tp A= 0.9490
Tp B= 0.9565
Tp C= 0.9665
Tp D= 0.9775
Tp E= 0.9915
Tp F= 1.0090
Tp G= 1.0350
USDCAD / H4 / Daily Forex Technical Analysis / 4.26.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is April 26th, 2019 and we will be taking a look at the U.S. Dollar against the Canadian Dollar. Looking at the 4 hour time frame we are looking for a minor pull back towards the 1.34606 area and see if it acts as support. If price action retraces back and the 1.34606 area holds as support, it could be an area of interest for a trade within optimal parameters, but we must see rejection at this area with bullish continuation to the upside. An entry for a Long position near the 1.34471 area, with a Stop Loss near the 1.34191, with a target of 1.35094 could ensure a profitable trade with a 2.23 to 1 R/R. We are so thankful to have you tune in, please feel free to write a comment or leave feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
GBPJPY / H4 / Daily Forex Technical Analysis / 4.25.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is April 25th, 2019 and we will be taking a look at the British Pound against the Japanese Yen. Looking at the 4 hour time frame we can see price action moving back towards a major support zone near the 144.166 area. If price action can reach these levels and hold as support once again we will be looking for a profitable entry long. Entry for a Long position near the 143.842 area, with a Stop Loss near the 143.222 region, could ensure a profitable trade with a 2.43 to 1 R/R. We are so thankful to have you tune in, please feel free to write a comment or leave feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
USDCAD / H1 / Daily Forex Technical Analysis / 4.23.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is April 23rd, 2019 and we will be taking a look at the U.S. Dollar against the Canadian dollar. Looking at the 1 hour time frame we can see price action has retraced back around to the 1.33631 area. Price action coming back to these levels coincides with the 50% fib retracement level and seeing a rejection here, we maybe getting another opportunity to set our selves up for a profitable short position. Entry for a Short position near the 1.33631 area, with a Stop Loss near the 1.33725 zone, could ensure a profitable trade with a 2.06 to 1 R/R. We are so thankful to have you tune in, please feel free to write a comment or leave feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
