GBPNZD - Bulls continued after breaking from squeeze patternHere we are on GBPNZD daily chart and as we can see this market was trapped in wedge / squeeze pattern from December 2017 and now market has broken that structure and we have clear bullish trend continuation once again. we will be waiting for pull back on this key resistance zone 1.9690, look for bullish price action signals on this zone to get in longs. We also have good confluence factors aligning here such as trend, horizontal static level and 20 ema dynamic support layer which is closing by. good trading!
Hashamarehman
NZDJPY - Sellers are setting up for the next leg southHere we are on Kiwi/Yen daily chart and as we can see this market is in down trend. price was just pulled back and smashed towards Resistance level which is nearly at 74.58 and now we can see price is forming false breaking setup wait for NY session close it may form as bearish outside bar / bearish engulfing. we will be getting in sell shorts here. There are three main confluence factors aligning here such as trend, horizontal level and signal (which is in progress wait for NY close). safe trading!
GBPCAD - Price is stalling very tight below 1.67222Here we are on Pound/Canadian dollar daily chart and as we can see daily and weekly charts are in bearish trend and price is stalling very tightly below 1.6722 and formed "Inside pin bar combo" setup. we have good confluences here such as trend, horizontal level, dynamic resistance layer and signal itself. we are getting in shorts from here. Lets see how market unfolds. safe trading!
USDCHF - Sellers may enter from broken squeeze patternHere we are on usdchf daily chart and as we can see this market has broken squeeze pattern support and now market is pulling back towards that broken support. we will be waiting for bearish confirmation here as there are confluence factors gathering here. lets see how price action develop. safe trading!
GOLD - Sellers may take charge soon from 1204.74This is Gold daily chart and as we can see this market is in nice looking down trend, price is pulling back towards last broken support near 1204.70, we will be waiting for bearish price action signals here on this broken price level. We have good confluence factors supporting our trade scenario such as down trend, static price level and dynamic resistance layer which is near by. Let see how market price action unfolds. safe trading!
NZDUSD - Sellers may continue with down trend from 0.6677Here we are on kiwi dollar daily chart and as we can see this market is in existing down trend and trend line also broken in the direction of this trend. we would wait for the pull back towards near by resistance area which is nearly at 0.6677-0.6719. We have good confluence factors here such as trend, price level and dynamic resistance layer. we will see how price action develops for confirmation. safe trading!
AUDUSD - Another bearish leg expected as price is reaching .7330This is Aussie/Dollar Daily chart and as we can see, this market is in long term down trend and price has pulled back towards the trend zone which is also a broken old support near 0.7330 and now we can expect that market will turn and resume in trend direction once again. We have good confluence factors here aligning such as trend, trend level 0.7330 and dynamic resistance layer all centering at on point. we are not waiting for bearish price action sell short signal to enter with the trend. let's see how market price action develops. safe trading everyone!
AUDNZD - Bullish trend may continue again from crucial 1.0975Here we are on Aussie/Kiwi daily chart and as we can see price is approaching towards the crucial support area 1.0975 which is trend continuation zone as well. we have good confluence factors lining up here such as trend, dynamic support layer and horizontal price level. We will look for bullish price action signals in coming days for getting in longs. Let's see. good trading!
USDJPY - Bulls are likely to push higher from 110.77 - 111.06Here we are on Dollar/Yen daily chart and as we can see this market is playing in bullish trend. We are more interested in looking for buy long opportunities. so today we have a fakey setup pin bar formation above support barrier i.e 110.77 to 111.06. we have good confluence sticking together such as trend, support and signal. Let's see how it unfolds. safe trading!
GBPAUD - Sellers are likely to take charge from 1.7600As we can see this market has broken last support near 1.7600 and now market is pulling back towards this old broken support. we will be waiting and looking for bearish price action confirmation to get in shorts in this market as we can see confluence of dynamic resistance layer, trend line, broken price level is near by. we have good confluence factors centering here. Lets see. safe trading!
NZDCAD has approached towards crucial weekly supportAs we can see on weekly time frame perspective this market has approached towards crucial support which is nearly at 0.8680 - 8619 and if we see daily we have Doji formation on this area on last friday session. This seem to be counter-trend view but market may respect that weekly crucial support and may reverse the trend. Lets see how it unfolds. safe trading!
EURAUD - Sellers may take control from broken supportHere we are on EURAUD daily chart and as we can see that last week this market get pulled back towards broken support level which is located near 1.5700-1.5650. we have obvious bearish pin bar on this new resistance level which is also aligned with confluence of dynamic resistance and trend momentum is now looking down as well... let's see how this market unfolds more in our favor safe trading!
USDJPY - is dollar/yen setting for next move up?Here we are on Dollar/Yen daily chart and as we can see this market is forming new higher highs and higher lows and we have short term trend line developing here. Notice here how many confluence factors are lining up on our buying trade idea here such as trend, Support zone/area which is nearly at 108.263 - 107.544, dynamic support layer 20/10 ema's and short term trend line as well and now we will wait for this market to pull back towards our "Area of confluence" zone and show some bullish price action to get us in long positions. safe trading!!!
EURUSD - are buyers looking at 1.2537?Here we are on Euro/Dollar daily chart and as we can see this pair is in range and if we zoom out daily chart we have long term bullish trend. On last daily session closing this pair had formed Bullish fakey setup with 2 bar reversal / Bullish engulfing setup. As for this trading scenario we have good confluence factors supporting it such as Bullish trend, Horizontal (static) level 1.2177-1.2214, trend line that is holding since April-2017 and buy signal itself. we will be getting in longs from here. safe trading everyone!
USDJPY - Sellers may continue to move lower from 105.56Here we are on Dollar/Yen daily chart and as we can see market has printed bearish pin bar on last daily session close (27th March) at (new) resistance 105.56, we have this market in obvious down trend. We have good confluence factors here which are supporting our trade scenario here such as down trend, bearish pin bar, dynamic resistance layers (rejecting on pin bar) and horizontal (static) resistance level. we will be getting in short in market, Let's see how market unfolds from here. safe traidng!
AUDJPY - are sellers showing their cards on 84.00-84.36?Here we are on Aussie/Yen daily chart and as we can see this market is in clear down trend and now pulled back towards the old broken resistance (now acting as new support) which is nearly at 84.00-36. Looks like sellers are making their way to reach new lows from here. We will be getting in shorts after watching Daily session closing. Moreover we have good confluence reasons to support our trade scenario such as Trend, Horizontal (new) support and signal (i.e in formation, wait for NY closing).
EURJPY - Bears may continue lower, showing pressure on 131.685Here we are on Euro/Yen daily chart and as we can see this market had been pulled back near the resistance structure 131.685 hot sell area and now we can see on last daily session bears managed to show their pressure on that specific area and may move price lower from here with the momentum. We will be getting shorts in this market as we have confluence factors which are supporting our trade here such as trend, dynamic resistance layer, static resistance horizontal level and signal itself. safe trading!
USDCHF - Are bulls eyeing on 0.9765 target?Here we are on Dollar/Swiss daily chart and as we can see on last Thursday session buyers were dominant and finally broken through old key resistance structure 0.9445 and now it is pulling back towards this broken level. We will be waiting for this market to show more weakness and print bullish price action signals on that broken level 0.9445. We have few factors supporting behind this trade scenario such as higher highs (new trend), dynamic support layer, horizontal support level and if we find confirmation signal here in few days it will become confluence as well. good trading!!
EURUSD - Bulls are managed to show their strength on 1.2206Here we are on EURUSD daily chart and as we can see price has reached towards its important support barrier which is nearly at 1.2206 we have obvious "BUEB" (Bullish engulfing bar) here on last daily session closing we have three factors support our trade here such as trend which is bullish long term, support barrier and BUEB setup itself. We can enter on this signal depending on our entry strategy. Let's see how market unfolds from here, safe trading!
EURJPY - are Bears eyeing on 127.71? Here we are on Eur/Yen Daily chart and as we can see this market has broken aggresively through the strong support area which is nearly at 131.68 and now it seems like bullish trend is going to reverse here so we will be looking for the pull back near this 127.71 area to look for sell price action signals. we have confluence factors here as dynamic layers is aligning with our over all scenario, we have static resistance level here, we may have new trend in play. Let's see how market reacts on that level. safe trading!
GBPJPY - are bulls going to dominate and continue bullish trend?Here we are on Pound/Yen daily chart and as we can see this market was in up trend, took pull deep pull back and now market has printed obvious bullish pin bar on swing level which is nearly at 147.94-148. We have three confluence factors here putting weight behind this trade scenario such as Bullish imperfect trend, support level and bullish pin bar buy signal. we will be getting in longs from here. Let's see how price reacts from here, safe trading!
USDCAD - are sellers hinting towards making new low?As we are on Dollar/Loonie daily chart and as we can see this market has tested the broken range we discussed on 28th of December 2018 (link: ) and on last Friday daily session closing market has made Bearish false break pin bar here with the confluence of long term bearish trend and horizontal resistance level 1.2663. we will be getting in short here. Let's see how market unfolds from here. safe trading!
NZDUSD - Sellers are looking exhausted on 0.7200...Here we are on Kiwi/Dollar daily chart and as we can see this market has recently rise higher aggressively and now pulled back towards BRN (big roung number) level which is 0.7200 and on last daily (Thursday) session closing market had printed long tailed pin bar buy signal along with the confluence of bullish trend, 50 ema dynamic support, very big round number and long tail pin bar signal itself. we are getting longs from here. Let's see how market unfolds from here. safe trading!