Get started

Forextradingsignals

AUDCAD Cautiously Bullish wait and see AUDCAD for the better part entered into a downward stretch last week largely from disappointment from RBA rate cut signals. However this pair traded with heavy volume into support zone last week and it is our view that consolidation for buy orders should resume. However, this needs to be confirmed above current support zone shown and target will be as per blue arrow line for buy and hold. On the downside, daily close of current support zone is needed to eradicate bullish view for further downside extension into price lows. See video for analyses
Long
by magbrr
EURUSD Trading Signal: 'Hooking' a Rally?EURUSD suffered from moderate losses due the tension between Italy and the EU over Italy's 2019 budget. German exports were down in August, which added to EUR selling. There has been sharp rise in US treasury yields, which caught some traders by surprise. The US treasury yields may continue to dominate many currencies in the FX markets. The technical signal for EURUSD is fairly straightforward. Am rifbreak above the hourly resistance (in green, preferably an hourly close) may pave the way for stronger gains towards the latter resistance (in blue).
Long
by DDMARKETS
EURUSD NFP Strategy: Into the DipTrade tension between the US and China are contributing to the recent USD strength at the time of this writing. New tariffs on China may lead to a retaliation, causing some nervousness in global markets. As a result the focus on the Non-Farm Payrolls (NFP) may be limited, however, some reaction is often seen when the US employment figures are released. Initiating a trade at market price prior to the NFP may require a larger protective stop due to the volatile market conditions that are often seen upon the release of the figures. Our strategy is fairly straightforward, a buy limit order may be more appropriate. I highlighted on the chart the key levels in EURUSD. Do note that this setup is for experienced technical traders only. An appropriate entry price may be at 1.1547, protective stop layered at 1.1500, targeting 1.1620. The estimated duration for the strategy is no longer than 30 - 45 minutes. The risk ratio is poor but it is a short-term strategy. I must also highlight the risk of exercising the strategy as significant volatility may be seen. Over-leveraging is not encouraged. The aim of the protective stop is to contain losses rather than prevent losses. I will rarely post trade ideas with an entry, stop and take profit in tradingview, this is an exception. In an event EURUSD will continue trading lower prior to the NFP where it is only 40 pips from the entry price I suggest to cancel the order. In an event EURUSD does not trigger the entry within 15 minutes after the release I suggest to cancel the buy limit order.
Long
by DDMARKETS
NZDUSD 15min Scalp: Playing in the RangeNZDUSD is trapped in a 15min range at the time of this writing as shown on the chart. Scalpers may attempt to short and long NZDUSD off the resistance / support levels until one of the key levels gives way. Although scalping may be used our preference is to wait for a 15min close below the support (lower line), which may pave the way for stronger weakness in the currency pair. A break above the resistance may also lead to some gains, however. a bearish breakout may trigger a firmer price movement. Although it is not directly related to NZDUSD, Australia's GDP (due later in Asia) may trigger some volatility in NZD pairs and crosses.
Short
by DDMARKETS
EURUSD Hourly Signal: Bearish Love?Aside the trade tension between the United States and China (reports suggest President Trump may impose new tariffs on China as soon as next week), political tension in Italy contributed to EUR recent weakness. EURUSD hourly signal is fairly straightforward. EURUSD reached its hourly support, failure to post an hourly close may lead to corrective gains in Euro Dollar. Only in an event EURUSD breaks below the latter support (lower blue line) it may pave the way for further weakness. All the signals / strategies that are published are kept simple with the usage of technical or fundamental analysis.; Do not that this is a 60minute signal / strategy rather than a medium or long-term strategy that is based on the daily, weekly and monthly charts.
Long
by DDMARKETS
GBPCHF Signal: 30min Classic Breakout EntryThe strong gains that took place in GBP were triggered by remarks from EU Barnier. Barnier stated that the EU is willing to offer the UK a trade deal that has not been offered to any country yet. These comments neutralized Theresa May's comments when asked about brexit, saying that 'it will no be the end of the world' which weakened GBP earlier. In GBPCHF 30min chart there has been a 30min breakout as the support (in green) gave way. The strategy would be to wait for a 30min close above the resistance (in green, former support), which may pave the way for further gains, targeting 1.2660. Although the following may be less relevant for GBP but more for CHF, Canada's deadline to reach a trade deal (NAFTA) with the US is tomorrow (Friday).
Long
by DDMARKETS
GBPCAD Short Term Signal: Fast Pips?GBPCAD reached a 30min resistance level. A 30min close below the resistance may trigger corrective weakness as highlighted on the chart. It is important to note that the brexit negotiations are ongoing to avoid Britain exiting the EU without a deal. The USD tremors in the market were triggered by President Trump's remarks on the Fed and his interest in a weak USD to boost exports. Do note that that this is a short-term signal. Only a 30min close above the resistance may invalidate the signal.
Short
by DDMARKETS