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July2019

AUDCHF / H1 / Daily Forex Technical Analysis / 7.25.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is July 25th, 2019 and we will be taking a look at the Australian Dollar against the Swiss Franc. We are currently looking at the 1 hour time frame and price action is currently coming up on the .685 support area. If price action can hold can find some kind of bullish momentum to the upside we will be looking for a trade long. Entry for a Long position near the .68566 area, with a Stop Loss near the .68431, and a target profit level area of .68819 for what can be a profitable trade with a 1.87 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
Long
by FuturesForexClasses
1
USDCAD / H4 / Daily Forex Technical Analysis / 7.23.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is July 23rd, 2019 and we will be taking a look at the U.S. Dollar against the Canadian Dollar. Looking at the 4 hour time frame we are looking for price action to reach the 1.31 key resistance area for a loss in momentum and possibly an opportunity to find a profitable short. Entry for a Short position near the 1.31623 area, with a Stop Loss near the 1.32073 zone, with a target profit level area of 1.30697 could ensure a profitable trade with a 2.06 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
Short
by FuturesForexClasses
1
AUDNZD / H1 / Daily Forex Technical Analysis / 7.18.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is July 18th, 2019 and we will be taking a look at the Australian Dollar against the New Zealand Dollar. We are currently looking at the 1 hour time frame and are looking for price action to lose momentum as it retested it's prior lows and failed to break above. If price action cannot regain control above the 1.04 resistance area we will be looking for an entry short! Entry for a Short position near the 1.04427 area, with a Stop Loss near the 1.04543, and a profit level area of 1.04153 for what can be a profitable trade with a 2.52 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
Short
by FuturesForexClasses
NZDUSD / H4 / Daily Forex Technical Analysis / 7.17.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is July 17th, 2019 and we will be taking a look at the New Zealand Dollar against the United States Dollar. Looking at the 4 hour time frame we are looking for price action to cool off a bit and possibly retrace with a minor pullback to set up a long trade that yields a greater R/R. If price action can pullback into the .665 support and resistance area, and find some good support in that region to continue upwards we will be looking for a profitable long entry. Entry for a Long position near the .66549 area, with a Stop Loss near the .66291, and a profit level area of .67299 to ensure a profitable trade with a 2.91 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
Long
by FuturesForexClasses
NZDCAD / H4 / Daily Forex Technical Analysis / 7.16.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is July 16th, 2019 and we will be taking a look at the New Zealand Dollar against the Canadian Dollar. Looking at the 4 hour time frame we are looking for price action to lose steam heading into the .8797 resistance area. If price action fails to break above this local top we will be looking for profitable conditions to set up for a short entry. Entry for a Short position near the .87960 resistance area, with a Stop Loss near the .88205, for what can be a profitable trade with a 2.47 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
Short
by FuturesForexClasses
US Dollar Currency Index / W / Weekly Forex Analysis / 7.7.2019Hello Traders, welcome to the Weekly Forex technical analysis. Today is July 7th, 2019 and we will be taking a look at the U.S. Dollar Currency Index on the weekly chart just to get into the calendar, and have an outlook into the upcoming week of July 8th. Looking at the Dollar Index here on a weekly time frame, we can see the DXY rebounded significantly from last week. Overall the DXY picked up a lot strength heading into this week and will be looking at 97.63 and 98.34 as resistance areas. On the other hand if we don't get any momentum to the upside, we will be looking for 96.02 for an area of support. If that breaks, our next level of support would be looking for is the 95.08 region. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
INDEX:DXY
by FuturesForexClasses
1
USDCAD / H4 / Daily Forex Technical Analysis / 7.3.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is July 3rd, 2019 and we will be taking a look at the U.S. Dollar against the Canadian Dollar. Looking at the 4 hour time frame we are looking for price action to hold the current area of support at the 1.309 previous support zone. Price action had an aggressive move towards the upside and is currently in a minor pullback possibly retesting the 1.309 support zone. If price action can hold we will be looking for an entry long. Entry for a Long position near the 1.30950 area, with a Stop Loss near the 1.30700 zone, and a target profit level area of 1.31554 that could possibly ensure a profitable trade with a 2.42 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
Long
by FuturesForexClasses
1
GBPUSD / H4 / Daily Forex Technical Analysis / 7.2.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is July 2nd, 2019 and we will be taking a look at the British Pound against the U.S Dollar. Looking at the 4 hour time frame, price action is currently retracing and we are looking at the 1.25 area to hold as support. If we do hold at the 1.25 previous support zone we will be looking for optimal conditions to enter a long trade. Entry for a Long position near the 1.25612 area, with a Stop Loss near the 1.25017 zone, and a target level area of 1.27314 to possibly ensure a profitable trade with a 2.86 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
Long
by FuturesForexClasses
EURUSD / H4 / Daily Forex Technical Analysis / 7.1.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is July 1st, 2019 and we will be taking a look at the Euro against the U.S Dollar. Looking at the 4 hour time frame, price action is currently stagnant and is having a hard time finding more momentum to the upside, so we are preparing for the possibility of a pullback. We are looking for price action to have a minor pullback into its previous area of support near the 1.12 region. After the pullback we will be looking for an entry long with optimal conditions. Entry for a Long position near the 1.12751 area, with a Stop Loss near the 1.12484, and a target profit level area of 1.13739 to possibly ensure profitable trade conditions with a 3.70 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
Long
by FuturesForexClasses
1