GBPUSD 1h Analysis May 3rd, 2022As the price is moving sideways and very choppy for this NY sesh we wait for a rejection or a breakout to the upside.
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EURUSD 1h Analysis May 3rd, 2022Price is still ranging and we are still waiting for the breakout. Either to the upside or the downside so be patient and keep an eye on this pair.
EURUSD 1h Analysis May 2nd, 2022As the price is moving sideways we will just wait for a breakout so either way we are both ready. Just keep your eyes on this pair!
GBPUSD 1h Analysis April 2nd, 2022Price is moving sideways where we wait for a breakout either to the upside or the downside. Just be patient waiting since today is bank holiday for sterling pound.
BTCUSD 4h Analysis May 2nd, 2022Price is still bullish and we could ride the momentum to the upside. But if it managed to break below the support level then obviously we are bearish with this pair.
NAS100 4h Analysis May 2nd, 2022Price is at the support level now where it could form an equal lows which could give us a confluence that it is bullish. But if price breaks below the support then we are bearish and could enter on the retest.
CADJPY 4h Analysis May 2nd, 2022We are still bullish with this pair so we wanted to buy at a better level where price could bounce from the support level.
GBPAUD 1h Analysis May 2nd, 2022We are currently trading at the resistance level which 2 things could play out. A break above the high and closed bullish candle above the same high which gives us confirmation to the upside. Or a rejection since sellers are ready to get in since we are in a level of supply.
NZDUSD 1h Analysis May 2nd, 2022As the price breaks below the support level we then wait for a bearish candle close then we can ride the bearish momentum. Or wait for the retest if you want a safer entry.
GBPJPY 1h Analysis May 2nd, 2022Price is moving sideways now so we will wait either a rejection from the resistance or a breakout to the upside. Be patient and keep an eye on this pair this is a good trade if u catch this set up.
GBPUSD 1h Analysis May 2nd, 2022As price rejected the resistance level and closed bearish last week. We are more interested in bearish positions but since there's a minor support level that price could bounce from we need to consider it.
XAUUSD Daily Analysis May 1st, 2021Gold Bearish idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bearish
Trade scenario 1: Looking bearish here on gold after we saw a massive drop through a large prior existing range.
Going into this week we’re looking for lower highs to catch a short entry on as we head down toward 1870.00 support.
Trade scenario 2: In order to consider gold for long scenarios I would need to see a strong rally through 1930.00 with a higher low above.
EURJPY 4hour Analysis May 1st, 2022EURJPY Bearish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bearish
Trade scenario 1: We’re looking bearish on the 4hour! Good news to use as EJ is due for a pullback on the higher timeframes.
Ideally, price action continues with 4hour bearish volume and forms a lower high below 137.000 that we can enter on.
Look to target lower toward 135.500 support.
Trade scenario 2: If we are to consider EJ bullish again we would need to see a higher low above 137.000.
USDJPY 4hour Analysis May 1st, 2022USDJPY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish
Trade scenario 1: We’re starting to see things a bit more clearly on UJ. We are still very bullish and are due for a pullback.
Keep in mind, on the higher timeframes we’re overextended but the 4hour timeframe is looking clear for now.
The most likely scenario at the moment is that price action continues to be bullish and we see 4hour structure form near 127.700 in the form of a higher low.
Trade scenario 2: For us to start considering short opportunities we need to see a lower high below 127.700 with strong bearish setups to enter on.
AUDJPY 4hour Analysis May 1st, 2022AUDJPY Bearish idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bearish
Trade scenario 1: The higher timeframes are mainly bullish but it is clear to see that we are overextended.
We even can see monthly wicks and weekly rejection so a reversal may be imminent!
On the 4hour we are strongly bearish and this timeframe will be the one to tell us where price action is going next.
Ideally we continue bearish and break support at 91.000. If this happens look for a lower high below which will present a great short opportunity.
Trade scenario 2: For us to consider AJ bullish for entries we need to see a higher low above 92.850.
AUDUSD 4hour Analysis May 1st, 2022AUDUSD Bearish Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: All timeframes are overall bearish and on the 4hour we are picking up momentum, it seems.
Based on current price action the most likely scenario is that we continue with the trend and break support around 0.70000.
We are definitely overextended and are due for a pullback but recent volume is mostly from DXY correlations.
Trade scenario 2: For us to find structure on this pair we need price action to pull back to the 0.72500 resistance level and form a lower high.
Look to continue bearish if this happens.
DXY (USD Index) Daily Analysis May 1st, 2022 DXY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: DXY is still looking very bullish but current price action is resting at 103.000 resistance.
This is the make or break zone! If we break above 103.000, which this recent rally is strongly suggesting, we are looking at more upside potential.
Keep in mind we are in overvalued territory and this rapid increase in price action is not sustainable.
Trade scenario 2: Ideally, price action finds strong resistance at 103.000 and reverses. We want to see price action pullback to more stable levels and resume normal market structure again.
USDCAD 1h Analysis April 29th, 2022As the price didn't break the weekly high and just rejected from there so we then wait for price to taps in the support level. So be patient waiting and manage your risk properly.
GBPUSD 1h Analysis April 29th, 2022As the news is going on now we wait for price to react from this level maybe a continuation of trading short. But gotta be careful since there is a major news going on.
EURUSD 1h Analysis April 29th, 2022As of the current moment price is ranging and approaching towards the support level where we anticipate for price to bounce from it. So just be patient waiting and keep an eye on this pair.
USDCAD 1h Analysis April 28th, 2022Price is pretty bullish so as the hourly timeframe close above the weekly high then we are bullish with this pair. So keep an eye on this one and u might enter on 2 different retests.
GBPUSD 1h Analysis April 28th, 2022As the price broken the support level and it keeps falling we are more interested in looking for short positions. For us to get in is to wait for the retest so be patient waiting.
EURUSD 1h Analysis April 28th, 2022Overall trend is still bearish so we are not trying to catch falling knife. We wait for the retest for our possible setup but be careful as anything can happen this week it's NFP.
