Ideasdetrading
Will do a in-depth breakdown of what I will be looking for now. Good morning traders, I am going to be looking for possible shorting opportunities for the level highlighted if we can get a clear break of that support level then a retest and then a rejection with clear bear engulfing candles to the downside.
Analysis Gold long-termIt is highly likely that gold will rise to the blue line, and if it crosses it, it will likely reach the orange line, and then it will decline a little
AUDUSD MOVING UP TOWARDS 0.7400 LEVEL 🔔AUDUSD achieved 0.7300 level breaking above the ascending channel. A pullback retracement will give buyers another opportunity to target 0.7400 level.
CHFJPY TRADE ANALYSIS 🔔Prices are trading below the median regression of the 108.65-114.48 leg. Thus, we will focus on the 115.99 support bounce, or break, first. The depth of the downplay will depend on the firmness of the said support. A break will bring the 38.2% Fibonacci of the 108.65-117.61 leg back in play. This could act as a confluence level between the median regression and the Fibonacci level. However, it could ruin the hidden divergence shown on the momentum indicator. Therefore, we expect the decline to last shorter on divergence and channel-test expectations.
GBPUSD HOLDS SUPPORT AT 1.2800 - SIDEWAYS MOVEMENT EXPECTED🔔The pound sterling continues to extend losses with price testing a six-week low on Thursday. The declines came after a brief rebound saw prices stuck near the 1.3000 handles. Failing to break out any higher, GBPUSD reversed direction breaking past the previous lows of 1.2885. The current momentum in GBPUSD could see prices possibly testing the 1.2800 round number support next, followed by the 1.2750 handles. To the upside, the 1.3000 handles will serve as the resistance level for the moment.
XAUUSD - GBPUSD - EURUSD - AUDUSD We have put the different currencies with strong positive correlation on the chart to help you out in your trade setups. Use proper money management and risk assessment rules to trade safely in a volatile market.
EURCAD - Trade Idea.EUR/CAD Cup & Handle Formation...!
As I am sure you are aware, from the previous posts I've written and I will say it again: longer time frame indicators short time frame movement.
I am long term bullish on EUR, since around 1.13 half to 1.14 areas.. By seeing this formation, makes me even bullish, but I want to get in at a cheap price, because that's what will give you the greatest R/R. Now today we have Powell speaking, which could shift the market in either direction. I won't be trading whilst this even occurs, as it could go either way with increasing amount of volatility.
Technicians: Bullish formation
- Cup and Handle formation
- Bullish Flag forming
- Keep support areas to keep an eye on
Be sure to follow your trading plan, add your own technical analysis indicators.
I'd wait for key pull back or break out of the bullish flag forming then pull back then add further risk towards the bullish momentum occurring.
Just a trade idea, not a recommendation.
All the best,
Trade Journal
NZDUSD APPROACHING 0.6900 LEVEL - LINE CHART UPDATENOTE: Now let's see the earlier idea on the line chart. "NZDUSD is approaching the next two resistance. Can break above 0.6900 LEVEL. NZD remains strong and has a strong correlation with the Aussie dollar. As USD is losing its spot sharply we can see to hit the target this week".
GOLD may entry sell on supply zoneHello traders going forward to beautiful Monday
After the USD weakened, causing gold to move up but can't do much
Prices climbed by a small volume, the zone that we are observing is the LQ point we may SELL on this point (supply zone) and put SL about H level
HAVE A NICE DAY FOR MAKE PROFIT!
what do you think? Im short term longe! HELLO.
LIKE IF YOU AGREE WITH me >< Comment your ideas .
BEST!
EURUSD REMAINS STRONG AS USD IS GETTING LOWERED - LINE CHARTThis is the continuation of earlier chart with line graph, daily time frame to check the pair of bigger pictures.
We are quoting earlier analysis here. "EURUSD is trading in the upper range but with a strong bullish bias. Weaker USD is supporting the pair and the pair is in strong correlation with the Gold. We can see a retest of 1.4400 and can break the resistance of 1.4400 but the stimulus package can turn Euro Cheap."
EURGBP BUY OPPORTUNITY - ANALYSISEURGBP is trading in the bullish range and bulls have not given away the ground. We can see a buying opportunity at 0.8920 to 0.9030 range. Euro remains relatively stronger to GBP and could break above the 0.9030 range in the near term.
NETFLIX GO DOWN SUREWhen the Market open, if the candle break 418.80 line and a new Red candle opened below ...Then the next Target is the support 403.25
Badrdineben NASDAQ:NFLX
EURUSD is Bearish in the Support/Resistance Zone to TargetEURO has moved nicely downwards in the channel as USD is surging with better economic data. The Euro has mobilized towards the 1.10 level during the week however then pulled back rather rapidly. Eventually, this is a market that has seen a great deal of unpredictability in this 200 point range, and almost certainly, it will keep on observing more. The 1.08 level is a region that merits focusing on, because of the way that is the start of a significant help "zone" that reaches out down to the 1.0750 level. At last, the clamor should keep on being something of a main consideration in this pair, as there are a great deal of crosscurrents that will keep on pushing the US dollar and the Euro around.
On one hand, you have the Federal Reserve doing all that he can to cut down the estimation of the US dollar, yet the European Central Bank is presently in the matter of purchasing corporate obligation too. Past that, there is a ton of disarray with respect to how the European Union gets out somewhat stale development cycle, so focus on that also. I believe that this market has no place to be at any point in the near future, so it keeps on preferring momentary exchanging regardless of anything else.
I imagine that the market is probably going to see a great deal of unevenness going ahead, which obviously is run of the mill for the cash pair. That being stated, the market is probably going to see a ton of pleasant momentary arrangements at the extraordinary of the extents, so that is basically how I am playing this market. For a more drawn out term move, I would need to see something rather amazing.
