USD/JPY Signal - USD Producer Price Index - 10 Sep 2021USDJPY is bouncing from support today prior to the USD Producer Price Index, which measures the average changes in prices in primary markets of the US by producers of commodities in all states of processing. Changes in the PPI are widely followed as an indicator of commodity inflation. Technically the pair has bounced from the 3 day low, and the RSI has given a buy signal.
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NAS100 Entries + Exits FOR FREE!How To Play The Chart Entries/Exits:
Buy at green support entry, if it breaks by -35 pips (count it out) then enter a sell and ride to TP1, 2 and 3. Trail stop at each TP which means place your stop loss in profit but with enough room to be able to continue the sell if it continues. Same thing at resistance, sell but if broken by 35 pips then enter the buy and ride to TP1. Each TP is a support or resistance zone , so you could then even take a sell after TP1 for the buys have been hit and if it breaks out then just repeat.
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US30 Entries + Exits for FREEHow To Play The Chart Entries/Exits:
Buy at green support entry, if it breaks by -35 pips (count it out) then enter a sell and ride to TP1, 2 and 3. Trail stop at each TP which means place your stop loss in profit but with enough room to be able to continue the sell if it continues. Same thing at resistance, sell but if broken by 35 pips then enter the buy and ride to TP1. Each TP is a support or resistance zone , so you could then even take a sell after TP1 for the buys have been hit and if it breaks out then just repeat.
All likes/comments and feedback are very much appreciated! Thank you to all of those who support me on a weekly basis, it really does mean a ton to me!
EUR/USD Signal - EUR Unemployment Rate - 1 Sep 2021EURUSD has rebounded from the resistance trendline prior to the EUR Unemployment Rate data, which shows the percentage of the workforce unable to find work. Technically the pair has rebounded from the resistance trendline and the Parabolic SAR is now indicating downside. We are looking for downside into the 1.1714 level.
AUD/USD Signal - USD Redbook Index - 31 Aug 2021AUDUSD is trending to the upside today prior to the USD Redbook Index, which is a sales weighted year over year index of over 9000+ stores. Technically the pair is holding above the moving average ribbon and the support trendline, and we anticipate continued upside.
USDJPY broke through the consolidation area but what comes next?1. Price has been trading within
109.605 - 110.400 trading range
after a bearish impulsive move from
110.700 area.
2. Price retested the previous
high of the range at 110.404
which is our fake-out area
in the form of a double top.
3. Took a short position
yesterday at New York Session
after price made another attempt
to break the 110.400 area but
made a bull trap in the form
of a double trap.
(high probability entry for
short)
4. RSI shows a weakness in momentum after a retest in the previous high
(divergence)
4.14RR
Note: Short position is invalidated if price breaks through our fake-out area at 110.400
EUR/GBP Signal - EUR Unemployment Rate - 1 Sep 2021EURGBP is trending to the upside currently prior to the EUR Unemployment rate, which measures the number of workers unable to find unemployment. Technically the pair is holding strong above the trendline and has broken to the upside of the corrective pattern. We anticipate continued upside into the 0.86210 level.
GBP/USD Signal - USD 3 Month Bill Auction - 30 Aug 2021GBPUSD has traded into resistance prior to the USD 3 Month Bill Auction, which will show the yield on the government backed security. Technically the pair has traded into structure and trendline resistance, and the RSI Has given a sell signal. We anticipate continued downside.
EUR/AUD Signal - ECB Monetary Meeting Accounts - 26 Aug 2021EURAUD is trending to the upside currently and has made a pullback into the 50% fibonacci level prior to the ECB Monetary meeting accounts, which will provide insight into the European Central Bank's future monetary policy. Technically the pair is at the fibo golden pocket, and we anticipate continued upside into the 1.650 level.
EUR/GBP Signal - EUR ECB Speech - 25 Aug 2021EURGBP is trending to the downside at the moment prior to European Central Bank Speeches later today. Technically the pair has broken the bullish structure, and both the RSI and price action point to further downside. We are looking for continued downside into the 0.8505 level.
USD/CAD Signal - USD 5 Year Note Auction - 25 Aug 2021USDCAD has made a pullback from recent highs prior to the USD 5 Year Note Auction, which reveals the yields on the government backed security. Technically the pair has pulled back into the trendline and the moving averages, which are currently in a bullish cross, and the key pivot level. We anticipate a rebound back up into the 1.2770 level.
GBPJPY Long AnalysisAfter the close of the daily candlestick, the market closed bullish. We are going with the trend to our level @ 151.515. At the moment we expect a push/break above 150.670 for a buystop.
A better view on the hourly
The daily bullish belt.
Remember, the market follows the path of least resistance.
GBPUSD Entries + ExitsHow To Play The Chart Entries/Exits:
Buy at green support entry, if it breaks by -35 pips (count it out) then enter a sell and ride to TP1, 2 and 3. Trail stop at each TP which means place your stop loss in profit but with enough room to be able to continue the sell if it continues. Same thing at resistance, sell but if broken by 35 pips then enter the buy and ride to TP1. Each TP is a support or resistance zone , so you could then even take a sell after TP1 for the buys have been hit and if it breaks out then just repeat.
All likes/comments and feedback are very much appreciated!
USD/CHF Signal - USD 2 Year Note Auction - 24 Aug 2021USDCHF is trading to the upside today following yesterdays sell off. The USD 2 Year Note Auction is scheduled for later today, and reveals the yield on the note. Technically the pair is holding above the 0.9122 level and we anticipate continued upside into the 0.9180 level.
GBP/JPY Signal - JPY Leading Economic Index - 24 Aug 2021GBPJPY is trending to the downside prior to the JPY Leading Economic Index data which is an economic indicator that consists of 12 indexes such as account inventory ratios, machinery orders, stock prices and other leading economic indicators. Technically the pair has pulled back into the moving averages, which are in a bearish cross. The RSI has also generated a sell signal, and we anticipate continued downside into the 149.30 level.