CADJPY 1h Analysis September 23rd, 2021A wonderful rejection of the market at our resistance level. So now it's retracing then we wait for confirmation before entering short.
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EURJPY 1h Analysis September 23rd, 2021The market is retracing at least 50% of its previous impulse movement. Now just wait for confirmation at least 50 fib level rejection and candlestick patterns.
USDCAD 1h Analysis September 22nd, 2021Waiting for the price to taps in our support level before we place a buy position. So keep an eye on this pair and be patient.
GBPUSD 1h Analysis September 22nd, 2021Just like with EU the market is so choppy and for us to get in we could possibly ride the trend continuation or if the market breaks below the support then we are short. Just be patient waiting on this one.
EURUSD 1h Analysis September 22nd, 2021The current movement of the market right now is very choppy so basically we are waiting for a breakout of the resistance or a retest on the support level.
USDCAD 1h Analysis September 21st, 2021If we are looking to get in on the market a continuation is best possible for us on this pair. So just look for confirmation before placing a trade.
EURUSD 1h Analysis September 21st, 2021Just waiting for the market to taps in our support level so we could look for buy position. So be patient waiting and don't force a trade.
GBPUSD 1h Analysis September 21st, 2021Nearly approaching the previous resistance so we expect sellers to kick in but if the market breaks above then we are bullish after a retest. Just be patient waiting and mind your own risk.
EURGBP 15m Analysis September 21st, 2021The market is moving sideways and 2 possible scenarios that could play out. Scenario 1 is a break above the resistance and scenario 2 is a break below the support so we are ready either way.
CADJPY 15m Analysis September 21st, 2021Another possible set up for intra day trading, currently trading at the resistance level so we expect rejection from it so we do have short bias. But if the price breaks above then we change our bias to long after a retest.
EURJPY 15m Analysis September 21st, 2021A possible intraday trade for us here as the market broken out the previous high. Then it is trying to retest it before continuing to go long.
USDCAD 4h Analysis September 20th, 2021Gotta be patient waiting here since it is the most recent high of this pair. So we would more likely to see a rejection from that area or if the market breaks above then our bias would be change.
GBPUSD 4h Analysis September 20th, 2021Waiting for the market to taps in our support level so we expect long position. Just be patient waiting and mind your risk before placing a trade.
EURUSD 4h Analysis System September 20th, 2021Currently trading at the support level so we expect buyers to push the price to the upside. So we are long for our bias but if it breaks below then we are short after a retest.
XAUUSD 4hour Analysis September 19th, 2021Gold Bearish idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: We saw a nice break below 1800 followed by huge bearish volume. Currently for us to enter short we need to see a pullback with a nice lower high below 1800.
We also will consider short scenarios if we see a major break of support at 1740.
Trade scenario 2: For us to consider Gold bullish again we would first need to see a break back above 1800
EURJPY 4hour Analysis September 19th, 2021EURJPY Bearish Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4hour Trend: Bearish
Trade scenario 1: We’re definitely looking bearish here on EJ and we’re looking to continue with that trend into this week.
At the current level we’re waiting for price action to break and retest our 128.900 level so we can enter short on a lower high.
Trade scenario 2: For us to consider EJ bullish we first need to see a strong reversal here at 128.900 and ultimately a break above 130.000.
USDJPY 4Hour Analysis September 19th, 2021USDJPY Bearish Idea
Weekly Trend: Bullish
Daily Trend: Bearish
4hour Trend: Bearish
Trade scenario 1: Overall we are still technically bearish as long as we are below 110.000 but DXY has shown to be very bullish.
I am sticking to a bearish outlook because we have multiple levels of resistance and the technicals show that a short scenario is closer to happening than a long scenario.
Look for lower highs below 110.000 to enter short on.
Trade scenario 2: For us to enter long we need to see a break of resistance at 110.000 and also 110.300 where we have seen multiple fakeouts in the past.
We will enter long when price action forms a higher low above these levels.
AUDJPY 4hour Analysis September 19th, 2021AUDJPY Bearish idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: AJ is also looking very bearish and had some nice movement last week.
At the current level it looks like price action formed a pattern and is now continuing. This is an area where entry signals are present and there could be a decent trade here.
We will look to target lower toward support around 79.000. Other entries would include confirmed lower highs on our way down.
Trade scenario 2: For us to consider AJ bullish we would first need to see a 4hour transition and a break above 80.800 with higher lows above.
AUDUSD 4hour Analysis September 19th, 2021AUDUSD Bearish Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: We are looking bearish on all timeframes and we recently broke support at 0.73000.
Ideally, we will see price action retest 0.73000 and form a lower high with confirmations we can enter short on.
Trade scenario 2: For us to consider AU bullish again we will first need to see a 4hour transition. Look for a break of 0.73000 with a confirmed higher low above.
DXY (USD Index) 4hour Analysis September 19th, 2021 DXY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: We’re still very bullish on the USD overall and it looks like it will continue.
Currently we can see price action will most likely continue into resistance around 93.800 where we will have to re-analyze. If we see a higher low above 93.000 that will be acceptable for a continuation of trend as well.
Trade scenario 2: For us to consider the dollar bearish we would need to break back below 93.000 first. If this happens it is likely price action will fall to 92.500 support.
USDCAD 1h Analysis September 16th, 2021Wait for the price to taps in our level of interest before you look for possible entries. Be patient and just keep an eye on this pair.
EURUSD 4h Analysis September 16th, 2021Currently trading at the support level so we do expect 2 scenarios. Scenario 1 rejecting the support and continue to be bullish. Scenario 2 is a break below the support then enter short after the retest.
GBPUSD 1h Analysis September 16th, 2021We are trading in a range so we will wait for a breakout either above the resistance or below the support. But we could expect as well a rejection from the support level if it can still hold it to go towards the resistance.
