Get started

Forexsignalservice

EurUsd- Will it regain parity?As I said yesterday, after the strong reversal from the 0.95 low, EurUsd looks ready for a deeper correction of the 3k pips downtrend. Yesterday the price held above important horizontal support and now is facing the falling trend line from mid-August. A break above this trend line followed by EurUsd back above parity would put bulls in a very favorable position and give scope to a rise to the very important 1.0350-1.04 resistance I'm bullish Eur as long as 0.98 is intact
Long
by Mihai_Iacob
2
EurUsd- Pressure is lifted, 103 is very probable nowAs I've written yesterday and on the 6Th of September, EurUsd seems ready for a correction. Yesterday has been a volatile day for EurUsd which went above and under parity and finished the day with a Doji. Looking at the 4h posted chart we can see that after an initial rise above parity, the pair fell strongly but found strong bids in 0.9930 and reversed strongly overnight, putting in a higher low on our chart. At this moment EurUsd is trading just under the recent range's resistance and a break un seems very likely. In such an instance I expect the pair to accelerate its gains and rise to 1.03 zone resistance. I expect parity to remain intact for the time being and dips should be bought in search of a good R: R considering a stop loss under yesterday's low and a target in mentioned resistance. Best of luck! Mihai Iacob My Yesterday's analysis:
Long
by Mihai_Iacob
4
EurUsd- New low's loomingLast week, EurUsd clearly dropped under parity and reached a low at 0.99. After this low, we have 3 attempts to reconquer this important figure and all failed badly with Friday's spike leaving a very long-tailed pin bar on our chart. Both technicals and fundamentals are aligned for a stronger USD and in EurUsd's case I expect a continuation to the downside and a drop to 0.97 I'm strongly bearish as long as 1.01 is intact and selling rallies can be a good strategy My Previous EurUsd analysis
Short
by Mihai_Iacob
12
BTC/USDT - WHERE ARE WE HEADING NEXT? (AN UPDATE!)Last week we've called out the next pivot point as to where the BTC might be retesting, and boy we were accurate about it! For our Weekly TF analysis for today, I have plotted the major points in bitcoin and it's trend shift from wayback 2017 to ATH and now..still in the bearish market. 2020 bearish market was affected by Covid-19. Hence why the price has dumped to 4k levels. We'll be waiting for another 3yrs to witness the next bullrun after late 2020 since it's been the pattern with this market. This time, it's different since Fed Chair Powell signals that more interest hikes are incoming. And what does this mean in the market? When interest rates rise, that means individuals will see a higher return on their savings. This removes the need for individuals to take on added risk by investing in crypto or stocks, resulting in less demand for both. It's bad for business in general. On the technical side of things, we're currently trading at 20k as of writing this analysis. We're expecting a sell-off until 16k levels. Since we're heavy bearish, I'd hold-off my sells until it reaches our Major key level at 12-13k levels. We have 4 majors news on USD for the coming week, so expect another volatile market and a volatile market brings a lot of opportunities for us traders. HELLO, TRADERS! IF YOU LIKE THIS ANALYSIS, PLEASE LEAVE A LIKE AND FOLLOW MY CHANNEL AND LET ME KNOW YOUR THOUGHTS BY COMMENTING DOWN BELOW.
Short
by JuanCrlsTrades
6
EurUsd- Under parity soon, to stay this time...If you've read my past analysis you know that I'm strongly bearish EurUsd and I draw attention multiple times to 1.03 zone resistance. As we can see from the posted chart, after breaking above recent consolidation, the pair touched resistance and reversed violently. At the time of writing EurUsd is trading almost in parity again and I expect a new drop under this important level. 1.01 offers good resistance now and rallies towards that zone should be sold. 0.97 is a reasonable target for swing traders
Short
by Mihai_Iacob
63
GbpUsd- Looking for selling opportunitiesOn my 21 of July GbpUsd analysis, I said that the pair can rise to the 1.24 zone , drawing attention to the falling wedge formation. Indeed, the pair broke above the falling trend line resistance just under 1.23 and reversed. The long-term trend is bearish and the rise from the recent 1.1750 bottom is corrective in nature. Yesterday's reversal can be the first sign of the end of this correction and the pair can be ready to resume its long-term trend. That being said I will look to sell rallies in search of a good R: R, considering negation above 1.24
Short
by Mihai_Iacob
16
US30 New Entries + Exits (Best Reverse Strat)The 1on1 video is currently out, if you would like it in order to understand how to play my analysis FULLY, please let me know privately. All likes/comments and feedback are very much appreciated! How to play my chart: Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry, you place a buy. If however that support buy doesn't go into profit and goes negative -35 or -60 pips (depending if it was a fast break/or if the break landed on a minute 15 zone), if it breaks you would then exit your buy and immediately enter the sell. You would then ride that sell down to green TP1, or you could then repeat and play the buy/break there. The same exact thing goes for resistance sell/break plays!
OANDA:US30USD
by ExclusivelyFX
3
NAS100 New Entries + Exits (Best Reverse Strat)The 1on1 video is currently out, if you would like it in order to understand how to play my analysis FULLY, please let me know privately. All likes/comments and feedback are very much appreciated! How to play my chart: Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry, you place a buy. If however that support buy doesn't go into profit and goes negative -35 or -60 pips (depending if it was a fast break/or if the break landed on a minute 15 zone), if it breaks you would then exit your buy and immediately enter the sell. You would then ride that sell down to green TP1, or you could then repeat and play the buy/break there. The same exact thing goes for resistance sell/break plays!
OANDA:NAS100USD
by ExclusivelyFX
SPX500 Entries + Exits for FREE (Best Reverse Strat)The 1on1 video is currently out, if you would like it in order to understand how to play my analysis FULLY, please let me know privately. All likes/comments and feedback are very much appreciated! How to play my chart: Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry, you place a buy. If however that support buy doesn't go into profit and goes negative -35 or -60 pips (depending if it was a fast break/or if the break landed on a minute 15 zone), if it breaks you would then exit your buy and immediately enter the sell. You would then ride that sell down to green TP1, or you could then repeat and play the buy/break there. The same exact thing goes for resistance sell/break plays!
OANDA:SPX500USD
by ExclusivelyFX
1
Bitcoin Entries + Exits! The 1on1 video is currently out, if you would like it in order to understand how to play my analysis FULLY, please let me know privately. All likes/comments and feedback are very much appreciated! How to play my chart: Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry, you place a buy. If however that support buy doesn't go into profit and goes negative -35 or -60 pips (depending if it was a fast break/or if the break landed on a minute 15 zone), if it breaks you would then exit your buy and immediately enter the sell. You would then ride that sell down to green TP1, or you could then repeat and play the buy/break there. The same exact thing goes for resistance sell/break plays!
BITSTAMP:BTCUSD
by ExclusivelyFX
UKOil potential for bounce! 1st April 2022Prices are approaching a pivot. We see the potential for a bounce from our buy entry at 101.54 in line with an area of Fibonacci confluences towards our Take Profit at 111.57 in line with 100% Fibonacci Projection. RSI are at levels where bounces previously occurred, supporting our bullish bias. Prices are on bearish momentum and abiding by a descending trendline resistance. We see the potential for a bounce from our buy entry at Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
FX:UKOILSPOTLong
by Rockqet