US Presidential Election Forex Analysis5th November US Presidential Election
DXY: Could retest 103.50 area, and rebound up to cover gap and up to 104.30 (if price breaks 103.40 could trade down to 102.90)
NZDUSD: Sell 0.6040 SL 20 TP 80
AUDUSD: Sell 0.6635 SL 20 TP 60 (trend following) Counter trend opp: Buy 0.6670 SL 30 TP 90
GBPUSD: Sell 1.2980 SL 40 TP 130
EURUSD: Buy 1.0930 SL 30 TP 70
USDJPY: Ranging between 151.70 and 153.40, looking for breakout potential following major news
USDCHF: Buy 0.8650 SL 20 TP 55
USDCAD: Sell 1.3870 SL 20 TP 50
Gold: Needs to break 2730 to trade down to 2710 and then possible rebound
Fx
Elections aside, AUD/USD still looks oversoldImplied volatility has spiked for FX majors ahead of the US election, and it really could go either way for AUD/USD depending on who wins the race to the Whitehouse. But how much downside is left for the Aussie when taking market positioning, China data and the latest RBA statement into account?
MS
GBPUSD On The Rise! BUY!
My dear friends,
GBPUSD looks like it will make a good move, and here are the details:
The market is trading on 1.2913 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1.2964
Recommended Stop Loss - 1.2884
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
USOIL Expected Growth! BUY!
My dear friends,
Please, find my technical outlook for USOIL below:
The instrument tests an important psychological level 69.29
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 70.28
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
EURGBP Under Pressure! SELL!
My dear friends,
My technical analysis for EURGBP is below:
The market is trading on 0.8394 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 0.8363
Recommended Stop Loss - 0.8411
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
EURCHF Technical Analysis! SELL!
My dear subscribers,
EURCHF looks like it will make a good move, and here are the details:
The market is trading on 0.9402 pivot level.
Bias - Bearish
My Stop Loss - 0.9412
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 0.9383
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
EURUSD A Fall Expected! SELL!
My dear friends,
EURUSD looks like it will make a good move, and here are the details:
The market is trading on 1.0904 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 1.0862
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
Levels discussed during livestream 4th November4th November
DXY: Needs to break 103.90 to trade up to 104.30 (trendline)
NZDUSD: Sell 0.5985 SL 30 TP 45
AUDUSD: Sell 0.6590 SL 25 TP 50
GBPUSD: Sell 1.2985 SL 40 TP 130
EURUSD: Buy 1.0910 SL 30 TP 90
USDJPY: Ranging between 151.70 and 153.40, looking for breakout potential following major news
USDCHF: Buy 0.8645 SL 20 TP 55
USDCAD: Sell 1.3910 SL 20 TP 100
Gold: Needs to break 2730 to trade down to 2710
USD/CHF H1 | Falling to multi-swing-low supportUSD/CHF is falling towards a multi-swing-low support and could potentially bounce off this level to climb higher.
Buy entry is at 0.8631 which is a multi-swing-low support.
Stop loss is at 0.8614 which is a level that lies underneath a multi-swing-low support.
Take profit is at 0.8676 which is a pullback resistance.
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Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
USD/JPY H1 | Fill the gap before running into resistance?USD/JPY is rising towards a multi-swing-high resistance and could potentially reverse off this level to drop lower.
Sell entry is at 152.96 which is a multi-swing-high resistance.
Stop loss is at 153.72 which is a level that sits above a pullback resistance.
Take profit is at 151.62 which is a multi-swing-low support that aligns close to the 50.0% Fibonacci retracement level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
SILVER Massive Long! BUY!
My dear friends,
Please, find my technical outlook for SILVER below:
The instrument tests an important psychological level 32.449
Bias -Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 33.607
Recommended Stop Loss -31.757
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
APPLE Trading Opportunity! BUY!
My dear subscribers,
My technical analysis for APPLE is below:
The price is coiling around a solid key level - 222.92
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 229.43
My Stop Loss - 219.19
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
QQQ Technical Analysis! BUY!
My dear followers,
This is my opinion on the QQQ next move:
The asset is approaching an important pivot point 487.37
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 493.00
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
EURAUD Trading Opportunity! SELL!
My dear followers,
I analysed this chart on EURAUD and concluded the following:
The market is trading on 1.6503 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.6367
Safe Stop Loss - 1.6574
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
SPY What Next? BUY!
My dear subscribers,
This is my opinion on the SPY next move:
The instrument tests an important psychological level 571.04
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 577.68
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
EURUSD My Opinion! BUY!
My dear friends,
Please, find my technical outlook for EURUSD below:
The price is coiling around a solid key level - 1.0831
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.0853
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
USDCAD Technical Analysis! BUY!
My dear subscribers,
This is my opinion on the USDCAD next move:
The instrument tests an important psychological level 1.3905
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.3914
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
AUDJPY Massive Long! BUY!
My dear friends,
AUDJPY looks like it will make a good move, and here are the details:
The market is trading on 99.857 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 100.37
Recommended Stop Loss - 99.563
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
EURCAD What Next? SELL!
My dear subscribers,
EURCAD looks like it will make a good move, and here are the details:
The market is trading on 1.5128 pivot level.
Bias - Bearish
My Stop Loss - 1.5169
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.5066
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
NZDJPY Will Explode! BUY!
My dear friends,
Please, find my technical outlook for NZDJPY below:
The instrument tests an important psychological level 91.135
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 91.469
Recommended Stop Loss - 90.960
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
CADJPY The Target Is UP! BUY!
My dear subscribers,
My technical analysis for CADJPY is below:
The price is coiling around a solid key level - 109.29
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 109.91
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
SILVER Sellers In Panic! BUY!
My dear followers,
I analysed this chart on SILVER and concluded the following:
The market is trading on 32.966 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 33.538
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
Pre NFP Trade Analysis1st November
DXY: Stronger NFP, DXY bounce off 103.80 to trade up to 104.60. If 103.80 broken, could trade down to 103.45
NZDUSD: Sell 0.5925 SL 20 TP 60 (DXY Strength)
AUDUSD: Sell 0.6545 SL 25 TP 60 (DXY Strength)
GBPUSD: Sell 1.28 SL 40 TP 120 (DXY Strength)
EURUSD: Buy 1.0905 SL 25 TP 100 Hesitation at 1.0950 (DXY Weakness)
USDJPY: Sell 151.40 SL 40 TP 200 Hesitation at 150.55 (DXY Weakness)
USDCHF: Buy 0.8710 SL 20 TP 40 (DXY Strength)
USDCAD: Sell 1.3915 SL 15 TP 30 (DXY Weakness)
Gold: Needs to stay below 2760, break 2740 could trade down to 2708