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Growingforex

DXY Forming A Trend Continuation Pattern (TCP)Hey guys, The pair is forming a trend continuation pattern to the downside and this scenarios tells us that the dollar will get weak in the coming days.This will effect all the pairs associated with US Dollar.So guys look for a larger move and be in the trend rather than looking for reversals. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
INDEX:DXYShort
by GrowingForex
Weekly Perspective (GBPCAD)Hey guys, All the GBP pairs are about to fall big time.We have huge potential trade setups on the lower degree don't miss those trade.A nice continuation on the H1 or on H4 will be a good entry.By this time you guys now our thumb rule of getting a trade on a continuation pattern & move the trades to break even.The co-relation of this pair is we have GBPUSD & USDCAD heading southwards so this pair will fall very aggressively.Manage your trades,Risk & profit but most importantly manage your loss. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Short
by GrowingForex
Weekly Perspective (GBPJPY),(JPYGBP) hey guys, The pair is forming a trend continuation pattern on the downside & it is more like to head towards south.Both the GBPJPY & the JPYGBP forms a trend continuation pattern that is short term trade setups & they are highly risky if you dont have proper strategy,money management & risk management.so guys dont just enter on that trade because you see a trend continuation you have to study the overall structure.if you take this short term trade setup move your stops to break even & let your trade run.It is just a simple principle sell at high & buy at low.Hope you guys understood why I shared this stuff with you because we want every traders future independent. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Short
by GrowingForex
Weekly perspective (EURUSD)hey guys, The pair made a strong impulse after making a new low of this week & the upside move is getting exhausted we also have a bearish divergence you know it if your are using macd4c. If you have a strategy you can sell this pair move trades to break even and wait.I personally think its inside a trend reversal pattern & it will go south. we also have the DXY to go further down.But we need a confirmation to do that we need a trend continuation pattern to know the potential of the trade. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Short
by GrowingForex
1
USDJPY Breaking The Corrective Structure hey guys, The Pair is forming a corrective structure within the bigger corrective move.The move is on the downside when you look at the correction structure of the previous impulse.But the overall correction is to the upside & the completion of the Corrective C wave on the weekly. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Short
by GrowingForex
1
Weekly Perspective (Ozzie Canadian Dollar)Hey Guys, The pair heads its way towards the north with a strong bullish engulfing candle inside the channel reverses the downside risk. Softer AU CPI adds to softer commodity export prices and weighs on AUD,limiting any rebounds.RBA policy remaining on hold for a prolonged period is also underscored by low core inflation.Recent CAD weakness may turn as Trump’s focus turns from tinkering with trade tariffs to focusing on tax reforms without Border Tax Adjustment.Oil may stabilise as OPEC arrange to meet to discuss extending production cuts. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Long
by GrowingForex
Weekly Perspective (Euro Ozzies)Hey Guys, The pair is currently in the strong move towards the north. The pair posted a 18 months low and reversed the surge towards north.It also broke the 18 months trend line that released the downside pressure the pair was facing.Due to the political uncertainty and the French Election that supported the Euro was the major reason behind the break of the 18 months trend line after that it formed a continuation pattern.It is more likely this pair will form many continuation on its way up.There can be a dip in the coming days and that would be the entry for those who missed the opportunity to enter. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Long
by GrowingForex
2
Weekly Perspective (Ozzie Kiwi)Hey Guys, If you reviewed my previous ideas by know you know the correlation in the pairs.As you know we are looking for a breakout on the way up in AUDUSD and we know that the kiwi is going to be strong in the coming days. Technical the pair has completed its move southwards and is headed north so i'm looking for continuation patterns to enter every time they form or to move the stop losses if you have any.The previous week was a strong one for AUDNZD but the correlation was different the ozzies were weak the kiwi was weak the pair of AUDNZD was more likely going to fall but the perspective changed the whole idea now we have something different in our charts show us that the downside pressure will be easily diminished as soon as the price crosses the previous high. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Long
by GrowingForex
Sterling/Ozzie Weekly Perspective (8-12) May 2017hey guys This is the hottest pair in market as its average true range is around 150-200 pips a day.One of our member wanted us to analyze this pair & here we are. The pair is having a bearish divergence probably looking for a downside if some continuation is seen we would definitely sell this pair unless we see some upward momentum or visa versa.if the pair retest the previous resistance & start heading north we would buy the continuation and its safe to buy this pair because the longer run is telling me that Mr.pip daddy buy this one for a greater move upside. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
by GrowingForex
4
Ozzie Heading North Weekly Perspective (8-12) 2017 Hey guys, AUD/USD is marginally higher on Friday, still headed toward the third weekly decline in a row. The pair bottomed at 0.7367 before the release of the NFP report and then bounced to the upside. The recovery was capped below 0.7420.The pair is trading at 0.7410/15, 75 pips below the level it closed a week ago. The Aussie is about to post the lowest weekly close since early January. On a wider perspective, two relevant support levels could be seen at 0.7340 and then around 0.7150.If the Aussie manages to rise back above 0.7500, it could remove the short-term bearish pressure and gain support for a consolidation or a recovery. The Aussie was the worst performer during the week and remains under pressure affected by many factors, that include the decline in commodity prices, some warnings from the RBA and risks from China.The decline in the AUD/USD pair has been taking place despite a weak greenback. The US dollar index fell on Friday below 98.50 hitting the lowest level since November. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Long
by GrowingForex
4
Breakout of 3 months uptrend (ZR) 11/04/17Dear Traders, According to the current scenario, Seller have taken control over audusd pair after uptrend line broken and possibilty to lead the price towards 0.7228. If price reaches that level(0.7228) then Bullish bat will activate and take long entry to the price of 0.7450 from current price. There will be some retracement happen during this downfall. long entry can be only to the price of 0.7579. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing forex Team
Short
by GrowingForex
Lonnie Moving Southwards (USDCAD) Weekly Perspective (8-12) May Hey guys, A massive move southwards started on Friday evening as the dollar started to weaken with no clear direction.The pair has now completed its double correction & is headed towards the next support area where a break below would indicated further downside.If you guys missed the entry from the top the pair will give you another chance to enter so try entering on the bounce because we may get them frequently.The pair has to go big time southwards so follow the price action and trade accordingly to trend.The trend told me Mr Pip daddy enter short frequently. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Short
by GrowingForex
weekly outlook USD/CHFhey guys, ~ I'm Anticipating A Wave southwards Due To The Price Action Of Last Week . ~ The Pair Made A Strong Impulse Followed By The Correction & These Strong bearish Impulse Can Be Traced on the Chart Indicating A Strong bearish Momentum. ~ The Price Broke The Trend Line or the rising wedge And The Middle Band Of The Bollinger. ~ As Of The Now The Pair can Head Northwards Towards The Resistance trend line for the completing of its corrective structure As Shown In The Chart. ~ The Tricks & Tips Here Is Follow The Price Action On The Lower Time Frame & Look For More Continuation Patterns.
Short
by GrowingForex
Weekly Perspective (Cable) Hey Guys, The Cable likely to extend its bullish momentum on GDP figures.It has been rising from Mid March & soon you guys will see an exhaustion on this pair make sure we are ready to grab valuable pips.The pair major continued scaling higher and refreshed multi-month highs. Spot prices held above the 1.2900 handle as traders now look forward to the first estimate of the UK GDP growth figures for Q1 2017.As the reading is negative upside risk is minimum but the pair can refresh multi months low in the year ahead. Technically, the pair seems to have confirmed a fresh break out and is trading above a strong hurdle, marked by 61.8% Fibonacci etracement level of 1.3445-1.1980 Down slide.On the flip side, immediate retracement below 1.2885 level might now find some fresh buying interest at a previous resistance, now turned support, near 1.2860-50 zone. Weakness below this immediate support levels might prompt additional profit taking and drag the pair back towards the 1.2800 handle, which if broken might impugn near-term bullish bias. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Short
by GrowingForex
weekly outlook (DXY host USD/CAD)hey guys just a general idea on the oil price, this week we found out that the oil prices are falling which is bad for the Canadian dollar. Canada ranks 1st in the production of oil. So this might weak the Canadian dollar for a Micro trend which is now heading north. Hopefully i think you guys caught the big move last week on the USD/CAD as it was shown on my previous analysis.So here again we are waiting for some dips to enter the market & on the flip side we are waiting for price action to confirm our entry. Look for the price action on the lower time frame to catch the big moves because the markets will give you many opportunities ,grab the ideal one instead of loosing on this. i hope the scenario is clear for you guys. Don't forget to hit like & PM us for any queries. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Motivational Quote: Cut The Cloak According To Your Cloth. Good Luck...!! Regards, Growing Forex Team
Long
by GrowingForex
2
A long idea for Long Term with confluence of DXY (ZR).Dear Traders and followers, There is an expectation that usdjpy price will react as per my idea. Most important price is 107.80, it should not break if happen so then structure will change. There is an expectation that Dxy price will approach double top or may break that level. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing forex Team
Long
by GrowingForex
10
Weekly Perspective (Euro Canadian Dollar)Hey Guys, The pair is currently trading higher with a gap towards the south that may be the major risk factor in the coming weeks.The question is will it fill the gap or it will just continue to rise ?.After a continuation pattern the pair posted some modest gains and is headed towards north.Moreover the French election would be a boast to the Euro or it can be the worst nightmare.By looking at the current trend and the bias,there are no signs of any bears at all it is purely bullish. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Long
by GrowingForex