GBPJPY - SWING SHORT GBPJPY - As long as it's trading below the STOP & REVERSE level, it will remain bearish , One can go for short sell here @ 139.090 for potential downside target mentioned in the chart, Above STOP & REVERSE it can fly up to 141.320
Follow the levels as mentioned in the chart.
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Fxsignals
GBPCAD - DAY TRADE VIEW.Refer the chart for detailed analysis ;
GBPCAD - Trading on a positive bias, holding strength on 4HR candles,
Go buy at current price for the stop and target levels mentioned in the chart.
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GBPCAD - DAY TRADE VIEW.GBPCAD - Wait for the rectangular box breakout, buy above the mentioned level on the chart.
TARGET & STOP IS MENTIONED ON THE CHART FOLLOW STRICTLY
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GBPUSD 15min forex signal: Time to Long?GBPUSD reached a minor support on the 15min chart (marked in green), The lower support and resistance are marked in bue.
Should GBPUSD post a 15min close above the green line we may see some corrective gains towards 1.3220. The analysis is intentionally kept simple.
Most of the recent volatility across global markets is due central banks' monetary policies and the tension caused by the coronavirus.
GOLD - DAY TRADE VIEWRefer the chart for detailed analysis ;
GOLD- Facing a tough resistance at this point of time.
Potential downside target 1926
Stop & Reverse 1949.80
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EURUSD FX Signal: Bearish Signs or More Room to the Upside?EURUSD has been largely affected by the rising cases of covid-19 in the US as well as central banks' monetary policies. What has kept USD Weak is the US stimulus that is stuck due to disagreements between the Republicans and Democrats.
Based on the 4hr Chart it appears we may see some USD strength as the upper resistance is holding. The initial target is 1.1830. In an event EURUSD does post a 4hr close above the resistance it may pave the way for stronger gains towards 1.1940.
You may have noticed that the market has changed in the past several weeks, it may be due to the monetary policies of central banks across the word to combat the coronavrus impact on the economy.
GBPCAD - Weekly Analysis.Refer the chart for detailed analysis ;
GBPCAD - My analysis for the next week is based on the levels mentioned. So for now it's neutral.
BUY & SELL entry levels are mentioned in the chart with the potential upside and downside move.
Maintain proper risk reward based on your risk appetite.
Meanwhile I will keep update about the DAY TRADE VIEW, so stay tuned.
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GOLD - Buying momentum continues from the bottom.Refer the chart for detailed analysis ;
GOLD - Gold trading on the verge of positive breakout on hourly candles, momentum is stronger and it's sustaining above the trend line from the support as well, Buy is good above the level of 1948 for a potential upside up to 1956 - 1962
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EURCHF - Positive Breakout.Refer the chart for detailed analysis ;
EURCHF - Strong positive breakout is there on the hourly candles.
Potential upside target 1.07870
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GBPCAD - Day trade view.Refer the chart for detailed analysis ;
GBPCAD - Facing a tough resistance at this point of time.
Potential downside target 1.72805
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EURUAD - Breakout - Day trade viewRefer the chart for detailed analysis ;
EURAUD - On the verge of positive breakout, Strong buying momentum is there on the chart.
Potential upside target 1.65068
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USDJPY - Day trade idea.Refer the chart for detailed analysis ;
USDJPY - Time to fly ..Strong up move momentum is there on the chart.
Potential target 107.126
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GBPUSD - Time to go short.Refer the chart for detailed analysis ;
GBPUSD - Facing a tough resistance at this point of time.
Potential downside target 1.30895
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GOLD - Pullback expected.Refer the chart for detailed analysis ;
GOLDn - After a sharp decline, gold is taking a support here at this point of time and a small reversal is expected here up to 1998 to 2004 level, from there am expecting a fall back again till 1943 level.
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GBPCHF - Small swing downside Refer the chart for detailed analysis ;
GBPCHF - Facing a tough resistance at this point of time.
Potential downside target 1.19340
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I'm Still Holding CADCHF at this PointRight now, in terms of something I think could still garnish more support levels long term, I am holding CADCHF. Now, this has been one of my longer holds the past few weeks for a forex pair, but I'm hopeful that it does breakout lots of the bearishness it has been having recently. I have a target of it going past the $0.709 price point. That being said, everything I say is on an opinion based basis. Please proceed with caution and invest at your own risk. Do your own due diligence.
NZDUSD - SHORTRefer the chart for detailed analysis ;
NZDUSD- Running into the channel , showing weakness at this point of time.
Potential downside 0.65585 - 0.65262
Maintain stop around 0.66125
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EURCHF: Long EntryRight now for the EURCHF pair, I think that the resistance trendline have been broken and it is starting to garnish some support levels. I think it is due for an even higher wedge compared to the recent positive retracement. It still has a bit to go, but right now I feel the entry is decent. That being said, everything I say is on an opinion based basis. Please proceed with caution and do your own due diligence. Invest at your own risk.