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EURCAD / H4 / Daily Forex Technical Analysis / 4.24.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is April 24th, 2019 and we will be taking a look at the Euro against the Canadian dollar. Looking at the 4 hour time frame we can see price action may be again rejecting the 1.5097 area. If we can see a minor retacement here back down to support level area of 1.504, a Long entry near the 1.5038 area with a Stop Loss near the 1.50092 region below our support zone. And a target profit level of 1.50973 that could ensure a profitable 2.06 to 1 R/R. We are so thankful to have you tune in, please feel free to write a comment or leave feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
Long
by FuturesForexClasses
AUDCAD / H4 / Daily Forex Technical Analysis / 4.16.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is April 16th, 2019 and we will be taking a look at the Australian Dollar against the Canadian Dollar. Looking at the 4 hour time frame, we are looking for a retest of the .95689 area to look for possible long entry. Entry for a Long position near the .95689 area, with a Stop Loss near the .95512, could yield a profitable trade with a 2 to 1 R/R. Also keep in mind traders if we take out the local high there is room to run to the next area of support and resistance which would be near the .9630 area and breaking that region would put our next target level near our marked area .96558. We are so humbled to have you tune in, please feel free to write a comment or leave feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
Long
by FuturesForexClasses
AUDUSD / H4 / Daily Forex Technical Analysis / 4.15.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is April 15th, 2019 and we will be taking a look at the Australian Dollar against the US Dollar. Looking at the 4 hour time frame, following the breakout of the wedge were looking for some more bullish continuation to the upside. With possible bullish momentum continuing to extend this bull flag that is forming we are looking to go Long and get some more pips out this one. Entry for a Long position near the .71655 area, with a Stop Loss near the .71498 zone, to ensure a profitable trade with a 2.39 to 1 R/R. We are so thankful to have you tune in, please feel free to write a comment or leave feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
Long
by FuturesForexClasses
EURCAD / H4 / Daily Forex Technical Analysis / 4.12.2019Hello Traders, welcome to the DAILY Forex technical analysis. Today is April 12th, 2019 and we will be taking a look at the Euro against the Canadian Dollar. Today we are unfortunately a bit late to the Daily Forex analysis, but there is still some life left to this analysis, and we can can analyze the outcome together. Looking at the 4 hour time frame we were looking to enter a Long position near the 1.50498 area, with a Stop Loss near the 1.50226 area, would have ensured a profitable trade with a 2.24 to 1 R/R. We are so thankful to have you tune in, please feel free to write a comment or leave feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
Long
by FuturesForexClasses
EURUSD / H4 / Daily Forex Technical Analysis / 4.11.2019Hello Traders, welcome to the DAILY Forex technical analysis. Today is April 11th, 2019 and we will be taking a look at the Euro against the U.S.Dollar. Looking at the 4 hour time frame we can see we have made a series of higher lows and price action is now consolidating above major key support and resistance near the 1.12548 area. With this consolidation we will be looking for a optimal long position to set its self up. If we break out to the upside past the most recent highs, it could set up a profitable long. With a long entry above the local highs around the 1.12881 area, with a stop loss near 1.12477, and a profit target area of 1.13605, we can ensure a R/R of 1.79 to 1. We are so thankful to have you tune in, please feel free to write a comment or leave feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
Long
by FuturesForexClasses
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