USDCAD 1h Analysis June 2nd, 2022As price is ranging we could buy at the support level to go long in the market and target the resistance level.
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USDCAD 1h Analysis June 1st, 2022Price is now breaking the previous low and we could ride its impulse to the downside or wait for a retest.
GBPUSD 1h Analysis June 1st, 2022It really is a difficult PA for this pair and it is moving sideways. So for us is to wait for a breakout either side but it is showing bearish momentum so we anticipate a short MS.
EURUSD 1h Analysis June 1st, 2022Since price rejected the resistance yesterday we are looking for the continuation of the bearish momentum.
XAUUSD 4hour Analysis May 30th, 2021Gold Neutral idea
Weekly Trend: Bullish
Daily Trend: Bearish
4Hour Trend: Bullish
Trade scenario 1: Price action has been significantly bearish on the daily timeframe and is now consolidating.
From here we’re looking for the daily bearish trend to continue starting with strong rejection from our 1870.00 area.
Look to enter short on significant lower highs below support levels.
Trade scenario 2: For us to consider Gold bullish we would need to see a break back above 1870.00 resistance with structure above.
EURJPY 4hour Analysis May 30th, 2022EURJPY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: We are now bullish on all timeframes on EJ. Price action is currently breaking 137.000 resistance and now we are waiting for new structure to confirm the break.
Look to enter long after the higher low is confirmed.
Trade scenario 2: For us to consider EJ bearish we need to see a break back below 137.000 with a significant lower high.
USDJPY 4hour Analysis May 30th, 2022USDJPY Bearish Idea
Weekly Trend: Bullish
Daily Trend: Bearish
4hour Trend: Bearish
Trade scenario 1: Looking overall bearish now on UJ but we are currently waiting for reactions around our 127.500 zone.
If we are to continue bearish we need to see a significant lower high below 127.500
Trade scenario 2: For us to consider UJ bullish on the 4hour timeframe we need to see a higher low above 127.500 with good candlestick setups to follow.
AUDJPY 4hour Analysis May 30th, 2022AUDJPY Bullish idea
Weekly Trend: Bullish
Daily Trend: Bearish
4Hour Trend: Bullish
Trade scenario 1: AJ is looking newly bullish as we broke back above 91.000 resistance. From here we’re looking for new structure in the form of a higher low close to 91.000.
Look to target higher toward 92.850
Trade scenario 2: For us to consider AJ bearish we need to break below 91.000 and form a lower high, new structure.
Target lower toward relevant support levels
AUDUSD 4hour Analysis May 30th, 2022AUDUSD Bullish Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bullish
Trade scenario 1: Overall AU has been bearish on higher timeframes but has been looking very bullish on the 4hour timeframe.
The most likely scenario is that price action reaches our 0.72500 resistance level before we see any sort of reaction. Look for higher lows at this point near 0.71200 for re-entries.
Consider further long scenarios if 0.72500 resistance breaks and we spot structure above.
Trade scenario 2: For us to consider AU bearish again we first need to see 0.71200 break with a lower high below.
DXY (USD Index) Daily Analysis May 30th,, 2022 DXY Bearish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bearish
Trade scenario 1: We are still overall bullish on the higher timeframes but the 4hour is showing strong bearishness.
Based on how price action has been forming it is very likely that we will see our 100.000 support level met before we see any sort of reactions.
For us to consider DXY bullish again we first need to see a strong reversal at our 100.000 zone.
Trade scenario 2: For us to further consider DXY bearish we would need to see a break of 100.000 support with structure below.
USDCAD 1h Analysis May 30th, 2022Price broke below the support level so we just wait for the retest then look for candlestick confirmation to enter short.
GBPUSD 1h Analysis May 30th, 2022Same with EU price is moving inside the resistance level so we just need to wait for either a breakout or a rejection.
EURUSD 1h Analysis May 30th, 2022 Price is currently trading at the resistance level so we anticipate a rejection. But a break above this level could come into play as price is trending to the upside. So just be patient waiting on this set up
USDCAD 1h Analysis May 25th, 2022As the price is approaching the resistance level we anticipate a rejection to go short. But a breakout to the upside is could also happen so be careful and be patient.
GBPUSD 1h Analysis May 25th, 2022Still price is ranging so either we can long at the support after a rejection. Or a short on the retest after a break below the support level.
EURUSD 1h Analysis May 25th, 2022Price would retest the support level then be bullish so we just need to wait on that.
USDCAD 1h Analysis May 24th, 2022 Price is still ranging and we need to be patient on its next movement so we know our bias to the market. A break above structure high and long on a retest or short now to target the support level.
GBPUSD 1h Analysis May 24th, 2022There would be a major news later today so be careful about the USD pairs. For us to get in here either we buy at the support level or short on a retest after a breakout to the downside.
EURUSD 1h Analysis May 24th, 2022As the price is approaching the resistance level we are anticipating for either a rejection or a continuation on bullish trend.
USDCAD 1h Analysis May 23rd, 2022As the price breaks below the support level then we are more interested in going short on the retest.
GBPUSD 1h Analysis May 23rd, 2022Price could either break above the resistance level or rejects it and target the next level of danger which is the support level.
EURUSD 1h Analysis May 23rd, 2022Wait for the retest of the price to go long since the previous movement is pretty bullish now.
BTCUSD 4h Analysis May 23rd, 2022We can clearly see that bitcoin is really moving sideways so we just need to wait for the breakout so we are prepared either way the market would do the breakout.
