GBPCAD Buyers In Panic! SELL!
My dear friends,
Please, find my technical outlook for GBPCAD below:
The price is coiling around a solid key level - 1.7766
Bias - Bearish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 1.7670
Safe Stop Loss - 1.7832
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
Fx
USDJPY Massive Long! BUY!
My dear followers,
This is my opinion on the USDJPY next move:
The asset is approaching an important pivot point 145.64
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 - 146.84
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
EURGBP Technical Analysis! BUY!
My dear friends,
Please, find my technical outlook for EURGBP below:
The instrument tests an important psychological level 0.8516.
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 - 0.8528
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
AUDNZD My Opinion! SELL!
My dear followers,
This is my opinion on the AUDNZD next move:
The asset is approaching an important pivot point 1.1032
Bias - Bearish
Safe Stop Loss - 1.1068
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 1.0967
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
———————————
WISH YOU ALL LUCK
Levels discussed on Livestream 21st August21st August
DXY: Look for retracement to complete, continuation of the downside, below 101.30 could trade down to 100.80 (hesitation at 101.10)
NZDUSD: Buy 0.6170 SL 20 TP 45
AUDUSD: Looking for reaction at 0.68 resistance level
GBPUSD: Buy 1.3055 SL 40 TP 80
EURUSD: Buy 1.1150 SL 30 TP 100 (hesitation at 1.12)
USDJPY: Wait for retracement to complete before continuation to downside.
USDCHF: Sell 0.85450 SL 20 TP 40
USDCAD: Buy 1.3650 SL 20 TP 40
Gold: Below 2500 could trade lower to retest 2480 support, look for reaction there.
Aussie H4 | Bullish uptrend to resume?The Aussie (AUD/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 0.6717 which is a pullback support.
Stop loss is at 0.6662 which is a level that lies underneath a pullback support.
Take profit is at 0.6790 which is a swing-high resistance.
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. 68% 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, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% 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/CAD H4 | Potential bearish breakoutUSD/CAD is falling towards a potential breakout level and could drop lower from here.
Sell entry is at 1.3602 which is a potential breakout level.
Stop loss is at 1.3657 which is a level that sits above an overlap resistance.
Take profit is at 1.3560 which is a pullback support.
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. 68% 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, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% 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.
EURAUD Expected Growth! BUY!
My dear friends,
My technical analysis for EURAUD is below:
The market is trading on 1.6471 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.6681
Recommended Stop Loss - 1.6347
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
USDCHF On The Rise! BUY!
My dear subscribers,
My technical analysis for USDCHF is below:
The price is coiling around a solid key level - 0.8582
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 0.8654
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
EURCHF What Next? BUY!
My dear followers,
I analysed this chart on EUR/USD and concluded the following:
The market is trading on 0.9532 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.9544
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
NATGAS Will Explode! BUY!
My dear followers,
I analysed this chart on NATGAS and concluded the following:
The market is trading on 2.129 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 2.192
Safe Stop Loss - 2.089
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
AUDNZD A Fall Expected! SELL!
My dear subscribers,
This is my opinion on the AUDNZD next move:
The instrument tests an important psychological level 1.1020
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.1010
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
CHFJPY Set To Grow! BUY!
My dear friends,
CHFJPY looks like it will make a good move, and here are the details:
The market is trading on 169.46 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 - 170.10
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
Downside for EURJPYIf the EURJPY breaks below the 38.2% fibonacci retracement level, this could signal further downside potential.
This would also somewhat nullify the potential inverted head and shoulder pattern forming.
If the price breaks below the 162 price level, look for the EURJPY to potentially trade down to the 160.50 price level.
Levels discussed on Livestream 20th August20th August
DXY: Retracing, needs to stay below 102.10 for continuation to downside. Below 101.80 could trade down to 101.45
NZDUSD: Buy 0.6165 SL 20 TP 50
AUDUSD: Buy 0.6735 SL 25 TP 60
GBPUSD: Look for reaction at 1.3040 resistance
EURUSD: Could retrace down to 1.1045, Buy 1.1055 SL 20 TP 70 (hesitation at 1.1090)
USDJPY: Sell 146.80 SL 40 TP 120
USDCHF: Look for reaction at support level, Sell 0.8540 SL 30 TP 90
USDCAD: CPI Pending, Needs to break support, Sell 1.3585 SL 20 TP 60
Gold: Inverted Head & Shoulder, Broken 2510, could reach 2520, beyond that, 2530!!!
EUR/CHF H1 | Bullish bounce off overlap support?EUR/CHF is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 0.9518 which is an overlap support.
Stop loss is at 0.9477 which is a level that lies underneath an overlap support and the 23.6% Fibonacci retracement level.
Take profit is at 0.9581 which is a pullback resistance.
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. 68% 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, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% 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 | Falling to overlap supportUSD/JPY is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 145.37 which is an overlap support that aligns with the 50.0% Fibonacci retracement level.
Stop loss is at 143.90 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level.
Take profit is at 148.13 which is a pullback resistance that aligns close to the 61.8% 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. 68% 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, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% 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: Seeking dips above 144USD bears are getting quite excited at the prospects of a dovish speech from Jerome Powell on Friday. Perhaps a bit too excited. Market pricing has been quite dovish for some time now, so he will really have to crank up the dovish music on Friday to justify the latest surge of USD selling.
USD/JPY fell over -12.5% from the July high to August low, yet formed a higher low above the Dec/Jan lows. We suspect a deeper retracement against that initial drop could be due.
However, momentum is trying to turn lower on the 4-hour chart. Out bias is bullish while prices remain above 144, and will seek dips towards that level. A false break of Monday's low could work nicely (assuming prices pull back that far), in anticipation of a move back towards 150.
USDCAD My Opinion! BUY!
My dear followers,
This is my opinion on the USDCAD next move:
The asset is approaching an important pivot point 1.3645
Bias - Bullish
Safe Stop Loss - 1.3610
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1.3715
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
———————————
WISH YOU ALL LUCK
EURUSD Technical Analysis! SELL!
My dear friends,
Please, find my technical outlook for EURUSD below:
The instrument tests an important psychological level 1.1069
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.0984
Recommended Stop Loss - 1.1121
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
BTCUSD Massive Short! SELL!
My dear friends,
My technical analysis for BTCUSD is below:
The market is trading on 60146 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 59296
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.
———————————
WISH YOU ALL LUCK
Levels discussed on Livestream 19th August19th August
DXY: Looking for reaction at 102 support, needs to stay below 102.35, beyond 102 could trade down to 101.45
NZDUSD: Buy 0.61 SL 20 TP 50
AUDUSD: Buy 0.6720 SL 25 TP 75
GBPUSD: Retest 1.29 Buy 1.2915 SL 25 TP 55
EURUSD: Sell 1.0985 SL 25 TP 90
USDJPY: Wait for retracement to complete, Sell 146.80 L 40 TP 150
USDCHF: Sell 0.8610 SL 20 TP 50
USDCAD: Sell 1.3680 SL 15 TP 45
Gold: Break 2510 could trade up to 2520