GBPUSD 1h Analysis September 29th, 2021Just like with EU a nice break of the support level and we wait for the retest of it before it continues to be bearish. Now all we just need to do is to be patient waiting for the market to play out.
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EURUSD 1h Analysis September 29th, 2021We can clearly see a break of structure below the support level where we expect now a retest from it. So we just need to wait for the price to taps in on our level of interest.
EURGBP 4h Analysis September 29th, 2021Crazy volume yesterday with big bullish candles. Now we just need to wait for the retest for us to get in for a long position. Since the market is now transitioning to be bullish based from its structure.
CADJPY 1h Analysis September 29th, 2021What a wonderful rejection from the major support level yesterday where our analysis went right. Now the price can retrace back from the minor support before it continues to be bullish or it can break below so we just wait.
EURAUD 1h Analysis September 29th, 2021A nice rejection from the resistance level but since it is Asian session we do have sideways movement. Now in London session we expect a bearish impulse rejecting the resistance level to continue to the downside.
USDCAD 1h Analysis September 28th, 2021A liquidity grab off from the support to continue bullish of the price on this pair. So we could ride the impulse of the market in the lower timeframe and look for confirmations.
GBPUSD 1h Analysis September 28th, 2021Nice break of structure of the support level so now we just need to wait for the retest. Wait for the price to retrace back from the support level and look for confirmations before placing a trade.
EURUSD 1h Analysis September 28th, 2021The price completely broken out our support level so we expect for bearish movement. Now that the move is happening we could ride with the bearish impulse in lower timeframe. So be careful and look for confirmations.
EURGBP 1h Analysis September 28th, 2021The support was broken out and for us to be on this trade we enter for a trend continuation on lower timeframe. So be patient waiting on this and look for confirmations.
CADJPY 1h Analysis September 28th, 2021Very bullish market structure here and we are waiting for the retrace back to our support level before continuing to be bullish. So just be patient waiting on this move to happen or we are not in for a trade.
EURJPY 1h Analysis September 28th, 2021A nice reversal pattern that was formed which we ware waiting for the break below first before we get in on a trade. Since it could reject the support line so to short this pair we should be patient waiting for the market to plays out.
USDCAD 1h Analysis September 27th, 2021Rejecting the support level multiple times give us confluence about this pair being bullish. So for us to get in we could enter on lower timeframe to go long but wait for confirmation first.
GBPUSD 1h Analysis September 27th, 2021A continuation trade on the lower time frame would be an optimal trade for us. So wait for the confirmations before placing a trade and mind your own risks.
EURUSD 1h Analysis September 27th, 2021Since we are currently trading at the support level and 2 possible scenarios could play out. Scenario 1 being able to reject the support and continue to be bullish. Or scenario 2 a break below the support and enter short after a retest.
XAUUSD 4hour Analysis September 26th, 2021Gold Bearish idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: Overall we are definitely bearish and we’re looking to continue with that trend.
We will look for entries once we see a break below 1740.00 with a lower high below.
Trade scenario 2: If we see a reversal at 1740.00 it is likely price action will push upward toward resistance around 1800.00
EURJPY 4hour Analysis September 26th, 2021EURJPY Bearish Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4hour Trend: Bearish
Trade scenario 1: Overall we’re still pretty bearish although we did have a large 4hour rally that could change the trend if price action gets above 130.000
Ideally we see a reversal and continuation of the bearish higher timeframes. Look to enter short on a strong reversal from 130.000 resistance.
Trade scenario 2: For us to consider EJ bullish we need to see a higher low above 130.000.
USDJPY 4Hour Analysis September 26th, 2021USDJPY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bearish
4hour Trend: Bullish
Trade scenario 1: The 4hour timeframe is newly bullish due to a large rally last week which broke our 110.000 & 110.300 resistance levels.
At the current level there is no trade so we will have to wait for our next higher low. Ideally, we see a pullback to 110.300 with a strong bullish reversal we can enter long on.
Trade scenario 2: For us to consider UJ bearish again we would need to see a break back below 110.000 with a lower high below.
AUDJPY 4hour Analysis September 26th, 2021AUDJPY Bearish idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: Overall we’re still bearish but we’re seeing an attempt at a 4hour trend change, we are just waiting for this potential higher low to confirm or fail.
If we see a strong reversal at the current level, wait for strong bearish setups to enter short on. Target lower toward support around 79.000
Trade scenario 2: For us to fully consider AJ bullish we first need to see a higher low above 80.800.
AUDUSD 4hour Analysis September 26th, 2021AUDUSD Bearish Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: Still looking bearish, especially on this 4hour timeframe while price action remains below 0.73000.
From the current level we are looking to enter short on the next lower high or on a confirmed reversal from 0.73000. Look to target lower toward 0.72000
Trade scenario 2: For us to consider AU bullish we need to see a break back above 0.73000 with a higher low above.
DXY (USD Index) 4hour Analysis September 26th, 2021 DXY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Still looking bullish here on DXY, it’s very likely we’ll see price action push into our 93.800 resistance level.
Keep in mind price action could test support at 93.000 again before continuing higher.
Trade scenario 2: For us to consider DXY bearish we first need to see a 4hour transition back to a bearish trend. This would be confirmed if we saw price action break 93.000 with a lower high below.
USDCAD 1h Analysis September 23rd, 2021We are close to our level of interest and we are still waiting for the price to taps in on it. So just be patient and don't enter long yet if there's no confirmation.
EURUSD 1h Analysis September 23rd, 2021Currently trading on the resistance level so we expect sellers to kick in for a short. But there's a possibility that the price could break above the resistance and continue to be bullish after a retest. Just be minded of your own risk.
GBPUSD 1h Analysis September 23rd, 2021The price is approaching our resistance level where our interest is. But for us to get in on a trade today we could do is a continuation of the bullish impulse and target the resistance level.
