EURUSD 1h Analysis December 9th, 2021During this session there might be enough volume for this pair to taps in our key level then be bullish. Just be patient waiting for it and look for confirmations before getting in.
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USDCAD 1h Analysis December 8th, 2021Still waiting for the price to see its next move whether a rejection from the previous resistance or a break above then target the previous key level.
GBPUSD 1h Analysis December 8th, 2021Currently trading in the support level so we are just waiting for price to form a reaction on where it would break the support or rejects it.
EURUSD 1h Analysis December 8th, 2021Price now trying to break a resistance so we would be keeping our eye on this pair to see the reaction of the market. Just keep waiting and be patient.
USDCAD 1h Analysis December 7th, 2021Price alredy broken out the support level so if u miss the short position that I've analyzed yesterday then the next best possible position is the retest. Be careful trading just wait for confirmation first.
GBPUSD 1h Analysis December 7th, 2021Still waiting for the market to taps in our support level. Then we wait for the reaction and a confirmation before getting in on a trade.
EURUSD 1h December 7th, 2021Currently the market is in 1h support level so either we could see a rejection from it and be bullish. Or a break below the support level then short after a retest.
USDCAD 1h Analysis December 6th, 2021The market is in consolidation so we could expect a retracement before it continues to target the support level. Just be careful and look for confirmations before getting in on a trade.
GBPUSD 1h Analysis December 6th, 2021Market is moving sideways so for me I wouldn't trade this right now but if you could find a confirmation in for the bearish continuation then go for it. But the price could also break its previous resistance level.
EURUSD 1h Analysis December 6th, 2021Nothing much going on for us today since the market is ranging and it moves slowly. We could possibly get a trade if the market taps in the support level or breaks below it.
XAUUSD 4hour Analysis December 5th, 2021Gold Neutral idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: All timeframes are now bearish. We’re pretty much ready for a short entry, we just need to see a strong reversal from 1785.00 resistance.
Look to target lower toward 1740.00 support.
Trade scenario 2: For us to consider Gold bullish we would need a higher low above 1800 but even then we are back within the range of 1825 & 1800.
EURJPY 4hour Analysis December 5th, 2021EURJPY Bearish Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4hour Trend: Bearish
Trade scenario 1: We are full bearish right now on EJ. We’re looking to continue with this trend and we’re waiting for a break of 127.500 with a lower high below.
Look to enter short and target lower toward 126.500
Trade scenario 2: For us to consider EJ bullish we would need to see a higher low above 128.850.
USDJPY 4hour Analysis December 5th, 2021USDJPY Bearish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bearish
Trade scenario 1: Finally! We’re looking bearish here on the 4hour as we broke the range and are now forming a descending triangle pattern.
Look for a break and retest of the pattern with a confirmed lower high. We can then enter short and target lower toward 111.500.
Trade scenario 2: For us to consider UJ bullish we first need to see it break back into the range then bullishly break the range and form a higher low above.
AUDJPY 4hour Analysis December 5th, 2021AUDJPY Bearish idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: Looking very bearish here on AUDJPY as well. We ideally want to line up with the bearish trend for short opportunities but we can see we’re over extended.
We need to see our next lower high in order to continue shorting. Look for price action to reject our 80.400 resistance level.
Trade scenario 2: For us to consider AUDJPY bullish we would need to see a higher low above 81.500. That’s how over extended we are.
AUDUSD 4hour Analysis December 5th, 2021AUDUSD Neutral Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: Overall we are clearly bearish but we can see that we are also very over extended.
Price action is currently resting at support near 0.70000 and how it reacts here will determine where we go next.
Ideally, we can get a reversal near 0.70000 then wait for the next structure forming lower high, then we can enter short.
Keep in mind price action could pull back to our 61.8% level & 0.71200 resistance.
Trade scenario 2: For us to consider AU bullish we would need to see a 4hour transition meaning a higher low above 0.72000.
This transition will declare the 4hour timeframe bullish but we could also identify lower timeframe long opportunities if they present themselves.
Look to buy into resistance near 0.71200 (this will be a counter trend trade if you take it)
DXY (USD Index) 4hour Analysis December 5th, 2021 DXY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Overall we’re bullish on all major timeframes but we can see on this 4hour timeframe that we are ranging a bit.
We want to line up with the bullish trend so we will wait until we can see a higher low above 96.300.
Trade scenario 2: If price action fails to break higher we can easily see more consolidation throughout the week.
Keep in mind the bullish trend will remain intact until we break support near 95.800
USDCAD 1h Analysis December 2nd, 2021Price could reject on the resistance level but we need to wait to see the reaction and look for confirmations. But it could also break above that resistance level so we could be bullish if that happens.
EURUSD 1h Analysis December 2nd, 2021The price is still in consolidation and it's not clear for us where the direction is going but we could wait to see the reaction at the minor support level. If it happens to break below thar support level then we expect bearish movements from the market.
GBPUSD 1h Analysis December 2nd, 2021Still ranging for today's analysis so we could get decent trade by following where the session's volatility wants to go to. Just be careful and wait patiently.
USDCAD 1h Analysis December 1st, 2021The price is ranging so either we trade long now if we can see confirmations. Or wait for a break below then enter a short after a retest.
USDCAD 1h Analysis November 30th, 2021In overall bias we are bullish but for the current structure the market is ranging. We could sell at the resistance and if you miss that one you could wait for safer entry which is a break below the support.
GBPUSD 1h Analysis November 30th, 2021The market is still ranging so for us to trade this pair we could short it at the resistance level then target the support level. Just be careful and be patient waiting on this one.
EURUSD 1h November 30th, 2021The market is shifting to be bullish as the price shown a break of structure. It’s either we could see a reaction from the key level to the upside or a break below structure then target the next key level. But we do have bullish bias for now.
