GBP/USD Signal - GBP Markit Construction PMI - 6 Jul 2021GBPUSD is trending to the upside prior to the GBP Markit Construction PMI data, which shows business conditions in the UK construction sector. Technically the pair has broken the descending trendline, and has turned bullish. We anticipate upside into the 1.38070 level.
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USD/JPY Signal - JPY Coincident Index - 7 Jul 2021USDJPY is trending to the downside prior to the JPY Coincident Index data, which is a single summary statistic that tracks the current state of the Japanese economy. Technically the pair has broken an ascending trendline and is below the 1h moving averages, which are now in a bearish cross. The RSI is at bearish levels, and we anticipate continued downside into the 109.720 level.
EURUSD > Trendline > Ultimate Buy Setup > High Reward $$ Hello Traders,
Hope you all are enjoying the thrill of your trading journey.
I am presenting my analysis on EURUSD.
EURO is facing trendline support, and we will hope on this trade on a pullback and it can reach till the next support levels according to my technical analysis.
I will be booking profits on support levels and trail the stop loss to the previous support level.
Kindly do your own research and follow proper risk management.
Our analysis is valid until we see a breakout from the trendline.
Feel free to share your views in the comment section.
Best Regards,
Shaswat Naman
Technical Analyst - TradeThrill
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
USDCHF Quick Short, 2:1 R/RUSDCHF is trending to the downside, and we anticipate the movement to continue to recent lows. The CHF unemployment rate data is to be released within the hour, showing the number of people unemployed domestically. Technically the pair has broken trendline support and rejected upside, and we are looking for downside into the 0.8940 level.
NZDCAD long from hereMy advisor MarketMiracle generates a LONG input signal for the NZDCAD cross at a price of 0.87016 with a target of 0.89 for a profit of 1.73%.
The chart is compatible with the signal in fact the price is oscillating within a triangle and considering the marketSentiment that has passed from positive to negative and a constant upward pressure from large investors ( yellow wave ) You can expect a spill from the top resulting in retest of the previously touched levels.
The idea is also compatible with others that provide an appreciation of NZD and a depreciation of CAD
This idea is based on a signal generated by the advisor Marketmiracle, down on this page you will find the link to the page of signals of the advisor that you can see for free without any cost or registration
GBPUSDtaking into account the fact that USD is currently weak and that the pair still has momentum, it is still on the rise .... I think that GBPUSD can go up then we check to see if the price rejects.
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GREAT ATTENTION:
*This information is not a Financial Advice.
NZDUSD Short prior to RBNZ inflation expectations!NZDUSD has traded into resistance today prior to the RBNZ Inflation Expectations information, which shows the Royal Bank of New Zealands outlook at future inflation rates. Technically the pair is at a support resistance structure zone, performing a retest of a broker trendline, and the PPO is giving bearish divergence. We anticipate downside into the 0.7163 level.
USDCAD 27 04 2021USDCAD 27 04 2021
As I said in my previous forecast, after a false breakout of a strong resistance line at 1.253, the price fell and returned to a downtrend. Let me remind you that it has been following this trend since April 2020 and the main trend line is the resistance line formed at the same time. The breakdown of the line was stopped by an additional resistance line in December 20202, the price reversed from point 1265 and returned to the trend. Now, I expect the price to fall as the first to the lower trend line - the March 2019 support line and touch it at the point 1.235. After that, a new growth will begin. Thus, my final target is the resistance line at 1.248.
EUR/USD Long Term AnalysisThe EUR/USD has been on the bull for quite some time now, you can agree that whatever goes up must surely come down. That order block which was marked I expect the price to react to it because it actually took out liquidity off the market. i.e It raided the stop losses of all the retail traders. So I expect a bullish movement to that order block then a sell to at least that bullish order block as a retracement.
NZDCAD SELL | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis for this pair.
Watch strong action at the current levels for SELL GOOD LUCK! Great SELL opportunity NZDCAD .
I still did my best and this is the most likely count for me at the moment.
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XAUUSD 15 03 2021XAUUSD 15 03 2021
Gold price, which started to rise last week from support zone 1683.09. On Friday, it stopped at the resistance line 1735.13, after which it rolled back and returned to the line at the point 1730.63. This resistance line formed last August in the middle of a major downtrend in which price is moving. At this line, the price has repeatedly made corrections and sometimes changed the direction of movement. So now, after the price has settled so well on the line, I expect it to fall again. And this is a great position to open a sell trade! I never tire of reminding you of the importance of SL - Look for it above the resistance line around 1747.23.
CHECK OUT THIS ENTRY: EURUSD Short, potential for some nice pipsDaily confirmation of a trend reversal, 3 legged push to the upside. Resistance turned to support tested then broke through and has retested on the 4hr. Scaling down to the 1hr we have had 3 tests of resistance, nice entry confirmation.
usd jpy shortsusdjpy shorts, reason being is we had multiple confluences to take this trade:
.over extended in the daily
.expect a pullback to previous point of structure
.h4 break of structure
.h4 entry signal in the form of an evening star
we then set a sell limit for 50% of the evening star and was wicked in to go straight into profit