Fxtrading
EURAUD: Technical Outlook 🇪🇺🇦🇺
Hey traders,
Last week, EURAUD broke and closed above 1.53 - 1.54 weekly resistance cluster.
The next goal for buyers is a major falling trend line.
Look for buying opportunities from a broken structure.
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CHFJPY: Trend-Following Trading 🇨🇭🇯🇵
One more Yen pair looks very bullish:
CHFJPY broke and closed above a solid horizontal supply area.
Now, the broken structure and a rising trend line compose a contracting demand zone
from where a bullish wave will be expected.
Next resistance - 151.3
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EURCAD Weekly Forecast is Long 1DGold Weekly Forecast is Long and Bullish
Weekly Forex Forecast for October 10 to 14 , multiple timeframe analysis. Knowing WHEN to trade is one of the most important components to forex trading, I will be breaking that down in this forex forecast on Homa Forex Channel.
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September 30, 2022 - Marathon Digital Holdings, Inc. - MARA - This is a quick update on my investment in Marathon Digital Holdings, Inc. -
This video shares my experience trading MARA as a retail investor.
The markets have shown to be quite volatile in the past weeks and many people are speculating that due to inflation, negative GDP growth and the FED's policies along with the repercussions of COVID lock down and the UKRAINE war with RUSSIA has led to an unstable stock market and higher energy and food costs to the average individual around the world.
To combat this, I think it is a great skill to learn how to make $ trading stocks, crypto, ETF's and options.
Of course, there are risks involved and this is not financial advice.
I am simply providing my experience trading MARA - note I have already made profits in the past on this stock, and I started investing in MARA at $6.50.
Please smash the boost button if you like this content and I will continue providing updates on my position.
NZDJPY: Your Detailed Trading Plan 🇳🇿🇯🇵
NZDJPY is stuck on a key horizontal structure resistance.
To catch a bearish move from that, watch 81.7 - 81.9 area.
It is a horizontal neckline of a double top pattern.
To sell with a confirmation, we need an hourly candle close below the neckline to confirm a breakout.
Then shorting on a retest, our target will be 80.7
Remember, that the price may respect a neckline. If the pair sets a new high, the setup will be invalid.
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Trading Startegy: GBPUSD PRICE ACTION AND CHART ANALYSIS w/ NEWSWelcome back to another video, today's video is about analysing GBPUSD with fundamental and technical analysis using the monthly, weekly and daily timeframe to understand and see price movements for the next direction of prices (either downwards or upwards trend).
P.S NOT A FINANCIAL ADVISOR... JUST EDUCATIONAL AND LEARNING PURPOSE ONLY...
NZDJPY: Your Trading Plan 🇳🇿🇯🇵
NZDJPY dropped to a key daily structure support.
Approaching the underlined structure, the price formed an inverted h&s pattern on 1H time frame.
To buy with a confirmation, we need a bullish breakout of its neckline (82.57 -82.7 area).
Goals will be 83.24 / 83.77
If the price sets a new low, the setup will be invalid.
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EURAUD: Very Bearish Setup 🇪🇺 🇦🇺
After reaching a strong supply area, EURAUD leaves very bearish clues:
the market formed multiple doji candles and then broke and closed below the support of a rising parallel channel.
A bearish continuation is expected now.
Goals: 146.8 / 146.05
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EURCAD: Your Detailed Trading Plan 🇪🇺🇨🇦
Update for my today's post on EURCAD:
the price is retesting a broken key level now.
The price formed a double bottom formation on 1H time frame.
To buy with a confirmation, watch 1.327 - 1.328 horizontal neckline.
We need an hourly candle close above that to confirm the breakout.
Then, buy aggressively or on a retest.
Goals will be 1.3309 / 1.333
If the price sets a new low though, the setup will be invalid.
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EURNZD: Update & Time to Buy 🇪🇺🇳🇿
Update for my yesterday's post on EURNZD:
the price retraced to a peculiar intraday confluence zone.
We see a perfect match between a horizontal support, a rising trend line and 382 retracement of the last bullish impulse.
I expect a bullish continuation now.
Intraday goals: 1.6666 / 1.67
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EURJPY: Bullish Continuation Again?! 🇪🇺🇯🇵
It looks like EURJPY is going to bounce again.
After a consolidation within a horizontal trading range,
the price broke and closed above its resistance.
I expect a bullish continuation to 145.4 level now.
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EUR/GBP: detailed chart breakdown. What to expect this week?Setup #1 : EUR/GBP
As we can notice from the graph, the price has had a massive bullish run to the upside. We also know that after an impulsive move, a correctional one is needed.
At the moment, the price is forming a top at the area of resistance that is illustrated on the chart before charging up for bearish moves. A double top pattern has been formed, which means people have already started executing short positions.
Zooming in, we can see how the price is attempting to pullback and re-touch the same level before potentially dropping.
Thus, we are gonna closely monitor the price action, give some space for development, and execute once enough confirmations have been provided.
Our Target Profit will be set at the previous level of resistance that lines up with the 61.8% Fib.
CHF Pairs top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
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