#FXS/USDT#FXS
The price is moving in an ascending channel on a 1-day frame and sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 1.80
We have an upward trend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 2.11
First target 2.50
Second target 2.82
Third target 3.21
Fxsignal
Potential GBP/AUD Sell Trend Continuation Opportunity. I will be looking to take a sell trade from around the 1.91000 level expecting a trend continuation looking for price to fall into 1.86500 level over the next few weeks.
From a technical perspective a long term trendline has been broken on the Daily / Weekly timeframe.
The market is bearish on the monthly timeframe.
A stop loss above 1.92000 would seem to be a great protective area with a strong level of resistance formed on the 4HR timeframe.
FXS has broken above the channel bandFXS has broken above the channel band, it will continue to go up
🔵Entry Zone 9.100 - 9.583
🔴SL 7.998
🟢TP1 10.680
🟢TP2 11.868
🟢TP3 15.280
🟢TP4 17.298
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USDCHF: Bullish Continuation Confirmed 🇺🇸🇨🇭
After a violation of a neckline of a cup & handle formation on a daily time frame,
USDCHF was consolidating for quite a while within a narrow horizontal range
on a 4h time frame.
The resistance of the range was broken during the yesterday's NY session.
We see its retest and a strong bullish reaction now.
We may anticipate a bullish continuation to 0.88
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USDJPY Bull Flag PatternHi Traders!
There is a bull flag pattern developing on the USDJPY 1D chart.
Here are the details:
The price action looks bullish, and the market is currently in a consolidation phase in the flag's channel as the flag pattern is in its early phase. The market is still above the 20 EMA, which is a bullish signal. As long as the market remains above the EMA and flag channel support, we will remain bullish on this pair.
Preferred Direction: Buy
Resistance (FLAG CHANNEL): 148.830
Support (FLAG CHANNEL): 146.680
Technical Indicators: 20 EMA
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BluetonaFX
EURUSD Buy/Long SignalEURUSD has been bouncing between channels for a while and shows strong signs for a nice bullish uptrend from support after a surge and moving average supporting theory. Below is the signals input. Please enter with proper risk and analyze prior to entry on your own discretion.
EURUSD
LONG/BUY
Entry: 1.07295
Stop Loss: 1.06431
Targets:
TP 1: 1.10063
TP 2: 1.16076
SWING TRADE
Risk: 2-5% of Capital
GBPAUD Long/BuyAs seen in previous support key points made by GBPAUD in the last few months, we have seen the support get respected by the trend with more backing evidence the RSI has shown there is support on the moving average indicating we are bullish for the trend we are heading towards.
GBPAUD
Long/Buy
Entry: 1.92304
Stop Loss: 1.88905
Target:
TP: 2.04468
SWING TRADE
Risk: 2-5% of Capital
GBPJPY Long/BuyRSI and channel trading is showing it has crossed over and as well the moving average has shown the same movement for an upswing momentum trend on the daily timeframe. Below is the signal entry, stop loss, and take profit targets.
GBPJPY
LONG/BUY
Entry: 183.686
Stop Loss: 182.262
Targets:
TP 1: 186.719
TP 2: 192.662
SWING TRADE
Risk: 2-5% of Capital
CAD/JPY EXPECT BULL SOONFirst, if you found this helpful please like and leave a comment in the comment section for more discussion, and don't also forget to follow for more updates
Let us traders watch out for this pair this coming week. If the price brake to the upside that means I m on point and the price is facing WAVE C to complete the zigzag correction.
Goodluck
Good days are ahead for the Loonie tradersUSDCAD is really a worldwide political-news related pair!
OIL is not so predictable these days. there are unpredictable conflicts around the world. But the pair is going to move in a clear channel after following undecidable hours!
REMEMBER! This analysis is valid until any BIG news related to oil market.
I think the bearish setup is more probable here but I make myself ready for the bullish one too!