EURUSD Test of strong supply zone, psycho level, shorts in playHello,
we are currently testing the so-called the "line in the sand" for both buyers and sellers.
Defending the current levels will allow sellers to retest at least 1.1500 / 1450.
The breakout through 1,20 ( based on daily close ) opens : 1.2160 / 2250 and 1.2500.
As long as under 1.20, and everyone sells the dollar, the counter move can be a kind of solution, especially since there are technically grounds for it ...
Short 1.1970/2010
Stop above 1.2050
Purpose 1.1500 / 1450
Good luck
Fxtrading
EURUSD H4 - Long SetupEURUSD H4 - Currently pushing a key resistance zone, we have marked and annotated the monthly key level, resistance zone and 1.19 whole number, usually we would look to short this, but DXY is looking weak and we may be ready for an upside break, we have an ascending trend too, with sellers losing strength each time we push 1.189, breakout may be imminent. A break of those confluences and a retest of 1.19 would be good for us for potential buys.
GOLD - DAY TRADE VIEWGOLD - As per the price action, trend lines , & technical indicators gold is expected to go up from the current price.
My approach will be a buy here at current price 1873
Potential upside target 1884
Maintain stop loss around 1864
Trade as per your risk appetite, I will be glad to see your likes & comment .
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EURJPY: Yen on the crossroads, EUR at support, longs in playHello,
the yen weakens with rising yields,
maintained "vaccine" sentiment
EURUSD is technically supported around 1.1760 / 40
USDJPY technically looks good
Looking for so called "double kick"
Buying at/around 123.85 and 123.25
Stop below 122.75
Target 1 126
Target 2 128
Good luck
USDJPY Longs in play with US yields supportHi,
a firm return from below 103.50 thanks to rising yiekds is not complete in our opinion
The combination of 'fast money' and more short squeeze can push price higher towards 107+
Risk factor: yields / market sentiment
Looking to buy on dips towards 105 and 104.4
Stop below 103.60
Target 107.20 / 30
OR
Buy on the break of 105.60 (on the retest)
Stop under 105.20
Target 107.20 / 30
Good Luck
EURNZD BUY OPPORTUNITY BUY LIMIT : 1.73110
TP1 1.75500
TP2 1.79200
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Gold ( XAU ) Selling rallies with 1750 as target ?Hi,
rising US yields hit hard both: Gold Bulls and Tech Bulls ( not the first time )
If we see continuation of that yields move, for example, an American 10s well above 1%, the action has a chance to continue ...
Risk factors:
FED manipulation with yields
today's 10s auction in the US
Selling rallies towards 1910/940
Stop above 1968
Target 1750/720
Good luck
USDCAD Stops are done but 1,30 holds, buying on dipsHi,
aggressive move to the downside yesterday with move back above 1,30 twds end of the day suggest stops are done and we do have a chance to see some rally...
Weak shorts should add fuel...
Risk: oil prices and yields....
Buying dips towards 1,3020/00
Stop below 1,2960
Target 1 1,3160
Target 2 1,3240
Good Luck
NZDUSD H4 - Long SetupNZDUSD H4 - DXY pushing marginally above 93.350 ish, need to keep an eye on DXY resistance to see if it breaks upside, if it does we can expect continuations of ***USD bears and USD*** bulls. Just marking up some setups and zones for consideration. Best practice to wait for the dust to settle and see which zones holds before entering.
AUDUSD BUY LIMITLooking to buy only and only if does retrace back to the grey support box
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USDCAD Intraday: Busing some ahead of CAD CPIHello,
are bears went ahead of themselves ??? Or maybe much lower levels are waiting for us ?
So far, a reaction around an important level based on the daily chart ... profit taking ahead of CAD CPI ?
Intraday Longs 1.31 / 3090
Stop below 1.3075
Target 1.3065 / 75
Good luck