GBPUSD - Don't miss this!The sell pressure breaks the trendline and will most likely continue to move down to at least 1.25100.
H1
AUDCAD breakout...AUDCAD has been stuck inside a consolidation range of 24 pips for about 7 days now, now the price has closed above the zone at it's very possible we could see a high possibility of an upside break.
USDJPY / H1 / Daily Forex Technical Analysis / 6.28.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is June 28th, 2019 and we will be taking a look at the U.S. Dollar against the Japanese Yen. Looking at the overall structure price action may be retracing to its previous area of resistance near the 108.0. If price action reaches to previous levels of resistance and doesn't flip and hold on it as support, we would look for an entry short. Entry for a Short position near the 108.092 area,with a Stop Loss near the 108.253, with a target profit level area of 107.686 to ensure a profitable trade with a 2.52 to 1 R/R.
EURCHF Potential longPrice has Respected long term D1 Channel and price also provided a double bottom on the 4H Time-frame at the bottom of the long term channel
Price looks to then be going bullish from on wards.Risk to Reward also provided SL:1.1880 tp:1.14418
GBPNZD / H1 / Daily Forex Technical Analysis / 6.18.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is June 18th, 2019 and we will be taking a look at the British Pound against the New Zealand Dollar. Looking at the 1 hour time frame we are looking for price action to reach its previous area of resistance near the 1.92 region and stall out. If price action reaches this area and does lose momentum we will be preparing to enter short. Entry for a Short position near the 1.92850 area, with a Stop Loss near the 1.93277 zone, with a target level area of 1.92003 could possibly ensure a profitable trade with a 1.98 to 1 R/R.
EURJPY / H1 / Daily Forex Technical Analysis / 6.17.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is June 17th, 2019 and we will be taking a look at the Euro against the Japanese Yen . Looking at the 1 hour time we are now looking for a pullback back of the current structure which could possibly be shorted but we will be looking for a profitable long opportunity on the retest of a previous support area near the 121.49 region. Entry for a Long position near the 121.485 area, with a Stop Loss near the 121.205 region, and a target level area of 122.104 to possibly ensure a profitable trade with a 2.21 to 1 R/R.
EURJPY / H1 / Daily Forex Technical Analysis / 6.11.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is June 11th, 2019 and we will be taking a look at the Euro against the Japanese Yen. Looking at the 1 hour time we are now looking for a pullback back of the current structure which could be shorted but we will be looking for a profitable long opportunity on the retest of a previous support area near the 122.2 region. Entry for a Long position near the 122.272 area, with a Stop Loss near the area of 121.817, and target profit level area of 123.188 to ensure a profitable trade with a 2.01 to 1 R/R.
AUDJPY / H1 / Daily Forex Technical Analysis / 6.7.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is June 7th , 2019 and we will be taking a look at the Australian Dollar against the Japanese Yen. Looking at the 1 hour time price action is retesting it's previous resistance area of 75.8. If price action continues to lose steam at this region we will be looking for an opportunity to short again! Entry for a Short position near the 75.814 area, with a Stop Loss near the 75.957 region, and a target profit level area of 75.504 to possibly ensure a profitable trade with a 2.17 to 1 R/R.
AUDJPY / H1 / Daily Forex Technical Analysis / 6.6.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is June 6th, 2019 and we will be taking a look at the Australian Dollar against the Japanese Yen. Looking at the 1 hour time price action is continuing to fall to the downside in a choppy range creating lower highs and lower lows. Currently we are waiting for price action to pullback to its previous area of support now acting as resistance near the 75.65 region. If we can get a pullback into this area we will be looking for an opportunity to short. Entry for a Short position near the 75.684 area, with a Stop Loss near the 75.833 region, with a target profit level area of 75.341 to possibly ensure a profitable trade with a 2.3 to 1 R/R.
USDJPY / H1 / Daily Forex Technical Analysis / 5.30.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is May 30th, 2019 and we will be taking a look at the U.S. Dollar against the Japanese Yen. Looking at the overall structure price action seems to be printing in a double bottom. Looking at the 1 hour time frame we can see price action had an aggressive bullish bounce off the 109.1 region, if price action manages to pull back and maintain a bullish sentiment we look for an entry Long. Entry for a Long position near the 109.417 area, with a Stop Loss near the 109.125 region, and a target level area of 110.143 to possibly ensure a profitable trade with a 2.49 to 1 R/R.
EURJPY / H1 / Daily Forex Technical Analysis / 5.29.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is May 29th, 2019 and we will be taking a look at the Euro against the Japanese Yen. Looking at the overall structure for the EUR/JPY, price action is in a clear downtrend. Taking a deeper dive into the 1 hour time frame were looking for price action to bounce here towards the previous support zone at the 122.29 area which could act as resistance now. On a pullback to the 122.29 resistance area we will be looking to enter a Short if the conditions are profitable while exercising great risk management. Entry for a Short position near the 122.316 area, with a Stop Loss near the 122.473, and target profit level area of 121.843 for what can possibly be a profitable trade with a 3.01 to 1 R/R.
AUDUSD / H1 / Daily Forex Technical Analysis / 5.24.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is May 24th, 2019 and we will be taking a look at the Australian Dollar against the U.S. Dollar. Looking at the 1 hour time frame we can see price action holding support at the .68672 region. We were looking for a minor pullback towards the .6886 area to enter into a Long position. Entry for a Long position near the .68864 area, with a Stop Loss near the .68675 zone, to possibly, with a target profit level area of .69265, to possibly ensure a profitable trade with a 2.12 to 1 R/R.
USDJPY / H1 / Daily Forex Technical Analysis / 5.23.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is May 23rd, 2019 and we will be taking a look at the U.S. Dollar against the Japanese Yen. Looking at the 1 hour time frame we can see price action broke through the 109.917 and 110.155 key support and resistance areas and is currently in a minor retracement pulling back towards the 110.115 support area, where we will look to enter for a Long withing optimal parameters. Entry for a Long position near the 110.160 area, with a Stop Loss near the 109.918 region, and a target profit area of 110.827 to ensure a profitable trade with a 2.76 to 1 R/R.
EURAUD / H1 / Daily Forex Technical Analysis / 5.22.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is May 22nd, 2019 and we will be taking a look at the Euro against the Australian Dollar. Looking at the 1 hour time frame we were looking for price action to retest the local highs near the 1.62442 resistance area. And it did, Entry for a Short position near the 1.62357 area, with a Stop Loss near the 1.62588 region, and a target profit level area of 1.61689 would possibly ensure a profitable trade with a 2.89 to 1 R/R.
AUDUSD / H1 / Daily Forex Technical Analysis / 5.21.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is May 21st, 2019 and we will be taking a look at the Australian Dollar against the U.S. Dollar. Looking at the 1 hour time frame we can see price action had a minor retracement back to its previous lows not quite reaching them, so it seems as price action is setting in a higher low. If price action can mange to get some bullish continuation off the .68958 support and resistance area we will look for an opportunity to enter Long. Entry for a Long position near the .68957 area, with a Stop Loss near the .68826 zone, with a target profit level area of .69332 to possibly ensure a profitable trade with a 2.86 to 1 R/R.
USDCHF / H1 / Daily Forex Technical Analysis / 5.17.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is May 17th, 2019 and we will be taking a look at the U.S. Dollar against the Swiss Franc. After a pretty nice run up, price action has retraced back deep to the 1.00471 support and resistance area. We can see the move to the upside looks fairly corrective. We will be looking to get ahead of it and scout a profitable Short entry. First we will be looking for price action to break out of the bull flag pattern its currently in, and then Short the breakout. Entry for a Short position near the 1.01277 area, with a Stop Loss near the highs of the 1.01501 zone, and target profit level area of 1.00771 to ensure a profitable trade with a 2.26 to 1 R/R.
GBPJPY / H1 / Daily Forex Technical Analysis / 5.16.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is May 16th, 2019 and we will be taking a look at the British Pound against the Japanese Yen. Looking at the 1 hour time price action has reverted back to a previous area of support and resistance near the 140.2 levels. If we can get some sort of a short bullish bounce near this area, we would be looking for an opportunity to go Long. Entry for a Long position near the 141.161 area, with a Stop Loss near the 140.611 zone, and a target profit level area of 142.512 to ensure a profitable trade with a potential 2.46 to 1 R/R.
