USDCAD BACK TO 1.35000 US dollar is still looking very weak, I do see USDCAD making its way back down to 1.35000 and possibly lower.
Forexsignalservice
GBPJPY going long flat top pattern
MAs are all working their way up,
Looking for 200 pips profit
stop below MA 50 below MA 100
GBP/USD Hello traders, here is the analysis from our team :
WE ARE LONG.
Good luck today.
Let us know in the comment section below if you have any questions.😉
GOLD Is Hiding his GOLD - Short Idea.Hi Everyone,
We have a bearish Divergence on Daily chart on TVC:GOLD .
I'm adding short positions for a swing trade
Willing to risk 2% max of my portfolio on this trade.
Shorting now, on top
GOLD Looking BearishThe XAU/USD has been playing around the same area on intraday 4H, both sellers and buyers are failing to take over
our preferences: Sell now with 1st TP on 1715, SL around 1733 area.
Always remember to never risk more than 3% on a single trade
Nasgoldpros.com
CAD/JPY 4H false breakout!The situation on the CAD/JPY is not clear at the moment. The Resistance zone has recently undergone a serious test which was the 4th one so there is high possibility the next one is to be the break out of the current Resistance. There is no predisposition for the rapid rise , so the price will slowly move down.
4H AUDUSD Good short trade idea Hello guys
1W price looks like rejected candle 0.65*** so strong resistance can't break. Now price checking again support. if support break bull movement is done.
RSI at 48 bearish
EUR is generating power, signal after crossing T1 trendlineToday on EU session pattern triangle is confirmed by 4th touch.
But to make trade desicion we need cross of T1 after 5th touch.
Fundamentally I feel long for Euro:
*retail sales was quite positive:
*US-China trade war will not have good empact on USD.
So we can trade after crossing of T1
There is a trading opportunity to sell in GBPUSDMidterm forecast:
. While the price is below the resistance 1.2265, beginning of downtrend is expected.
. We make sure when the support at 1.2024 breaks.
. If the resistance at 1.2265 is broken, the short-term forecast -beginning of downtrend- will be invalid.
Technical analysis:
. A peak is formed in daily chart at 1.2640 on 04/29/2020, so more losses minimum to Major Support (1.2024) is expected.
. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
. Relative strength index ( RSI ) is 35.
Trading suggestion:
. There is a possibility of temporary retracement to suggested Resistance line (1.2181). if so, traders can set orders based on Price Action and expect to reach short-term targets.
We would set sell orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Entry signal:
Signal to enter the market occurs when the price comes to " Sell zone " then forms one of the reversal patterns, whether " Shooting Star " or " Peak ", in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about " Entry signal " and special version of our " Price Action " strategy FOLLOW our lessons:
Take Profit:
TP1= @ 1.2024
TP2= @ 1.1888
TP3= @ 1.1409
4H USDCAD Long trade don't miss Hello !
If you agree with me hit like and follow me thank very much.
USDCAD recovered is done. Now wait correction /0.5-0.618/ Fib is good buy zone.
If you see 1D chart it's still bullish goodluck guys
Futures , Options, and Currency trading all have large potential rewards, but they also have large potential risk.
NZDUSD Head and ShouldersPrice is currently forming a rising wedge pattern at the right shoulder of a possible Head and shoulders pattern. We expect a reversal to downside for this pair after price breaks out of the rising wedge .
Another successful trade. Spend those profits wisely The last signal of the day which we sent out is now turned out to be the best signal of the week.
GBPAUD heading up ?Several price rejections on GBPAUD, i think it's heading up as there are multiple SHS :) Let's see what will happen with a stop at 1,9450 and a TP at 2 maybe more
UNMISSABLE GBPCAD OPPOURTUNITY 04.04.20OANDA:GBPCAD
- The ascending wedge pattern in itself has a downward breakout bias
- Overall downtrend
- Exhaustion phase
- Expected continuation phase
- Price failed to hold above the downward trend line, making many attempts to the upside which lead to eventual and expected failure
- Overall, bears have now broke back below the trend line and are testing it
- Once price-action confirmation is provided, a downward continuation is probable
Keep an eye out, and remember to use good risk management!
- TheFXAngel
𝗟𝗶𝗸𝗲𝗱 𝘁𝗵𝗲 𝗶𝗱𝗲𝗮? 𝗙𝗼𝗹𝗹𝗼𝘄 𝗳𝗼𝗿 𝗺𝗼𝗿𝗲!
