GBPUSD 1h Analysis November 29th, 2021Price is ranging right now and there's not much clarity of the market structure. But we could see a potential trade if we see some rejections from the support level.
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EURUSD 1h Analysis November 29th, 2021Just waiting for the price to go down and retest the key level. Wait for the reaction on that level then look for confirmation before entering a position.
XAUUSD 4hour Analysis November 28th, 2021Gold Neutral idea
Weekly Trend: Bearish
Daily Trend: Bullish
4Hour Trend: Bearish
Trade scenario 1: We saw a ton of bearish volume last week but we can see price action has stopped within this massive range between 1800 & 1825.
From here it’s very likely price action will range for a while.
Trade scenario 2: If price action is to continue with this large bearish volume look for a lower high below 1800 to enter short on.
USDJPY 4hour Analysis November 28th, 2021USDJPY Neutral Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bearish
Trade scenario 1: We are clearly still within a 4hour range held slightly above massive support near 113.000.
The most likely trade scenario for price action is to consolidate within this range after a high volume move.
Trade scenario 2: While we remain above 113.000 support we’re generally looking for long opportunities. Ideally, if we can spot a confirmed higher low above 114.150 we can target higher.
AUDJPY 4hour Analysis November 28th, 2021AUDJPY Bearish idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: Looking bearish on AJ overall. We recently saw price action hit a new low and is now pulling back to ideally form structure.
Look for reversals near our 38.2% fib level and 61.8%.
Trade scenario 2: For us to consider AJ bullish we would need to see a push above 83.250 with a confirmed higher low above.
AUDUSD 4hour Analysis November 28th, 2021AUDUSD Bearish Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: Looking even more bearish this week here on AUDUSD. We recently saw a break of support near 0.72000 and are now waiting on a retest/ confirmation of our next lower high.
Look for short entries on significant lower highs below 0.72000
Trade scenario 2: For us to consider AU bullish again we would need to see a higher low above 0.72000.
USDCAD 1h Analysis November 25th, 2021The price already rejected the support level and now going its way up. But we could get a decent trade by riding the bullish impulse or wait for a break above structure before placing a trade.
GBPUSD 1h Analysis November 25th, 2021It is clearly for us that the market is bearish and it rejected the previous support level. Now it could retest it again before it continuous to go down or there's enough volume to fall now.
EURUSD 1h Analysis November 25th, 2021The price now taps in our point of interest where we look for confirmations before entering a short position. Just be patient waiting and risk only what you can afford.
USDCAD 1h Analysis November 24th, 2021The price is very bullish but there is a minor zone that the market could react first before breaking it. But it could easily breaks that minor zone so just be patient and look for confirmations.
GBPUSD 1h Analysis November 24th, 2021The price made an equal lows that could cause a push to the upside. But it could also breaks below the support level and continue to be bearish
EURUSD 1h Analysis November 24th, 2021Now that the market breaks the support level we are strongly bearish. So we just need to wait for a retest for a higher RR trade. But we could also get some decent trade if we ride the impulse now.
USDCAD 1h Analysis November 23rd, 2021 The market is very bullish and for us to get in we need to wait for the market to retest the previous support level. Mind your own risk and always look for confirmations before placing a trade.
EURUSD 1h Analysis November 23rd, 2021Still ranging for now but as soon as we see a break of structure, either way we are ready. Just be patient waiting and look for confirmations.
GBPUSD 1h Analysis November 23rd, 2021Now that NY session is open we could see more reaction from the market now. Either a rejection from the support level or a break below and enter on a retest.
USDCAD 1h Analysis November 22nd, 2021Two possible scenarios could happen here. Scenario 1 is rejection from the minor support level to target the resistance level. Scenario 2 is a break below the minor support then target the major support level.
EURUSD 4h Analysis November 22nd, 2021In overall market structure we are still bearish but as the price now formed equal lows it could tell us that the price is not yet ready to break the support level. But when it breaks below then we are bearish on the retest.
GBPUSD 4h Analysis November 22nd, 2021The current price action is not clear but we could possibly get in on a trade by waiting for the price to break our levels. So either way we are ready just be patient waiting since NY session would come in less than an hour.
XAUUSD 4hour Analysis November 21st, 2021Gold Bullish idea
Weekly Trend: Bearish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Looking bullish on Gold and ideally we can continue with this new trend.
Look for structure/higherlow between our 38.2% fib and 1825.00 support. Enter long on bullish setups once the higher low is confirmed.
Trade scenario 2: For us to consider gold bearish we would need to see a lower high below 1825.00
EURJPY 4hour Analysis November 21st, 2021EURJPY Bearish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bearish
Trade scenario 1: Definitely looking very bearish here on EJ. Ideally we can spot a lower high below 128.850 with strong bearish setups.
Look to target lower toward 127.500 support.
Trade scenario 2: For us to consider EJ bullish again we need to see a higher low above 130.000 technically.
USDJPY 4hour Analysis November 21st, 2021USDJPY Neutral Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bearish
Trade scenario 1: Looking like we’re back within the 4hour range here on UJ. The most likely scenario is that price action will continue to play the range.
Trade scenario 2: For us to consider UJ bullish again we need to see a higher low above 114.150.
AUDJPY 4hour Analysis November 21st, 2021AUDJPY Bearish idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: For now it looks like price action will continue to fall but for us to spot a potential long opportunity we need to see a strong reversal around 81.500 support.
Trade scenario 2: If we’re to continue bearish we need to spot some lower highs below 81.500.
AUDUSD 4hour Analysis November 21st, 2021AUDUSD Neutral Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: Overall bearish here on AU but it’s very likely that we will see some sort of reaction around 0.72000 support.
No real play here until we see price action play out.
Trade scenario 2: If we are to continue with the bearish trend look for lower highs below 0.72000.
