Get started

June2019

US Dollar Currency Index / W / Weekly Forex Analysis / 6.30.2019Hello Traders, welcome to the Weekly Forex technical analysis. Today is June 30th, 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. Looking at the Dollar Index here on a weekly time frame, we can see the DXY ended pretty mixed last week. Going into this next first week of July 1st, we will be looking for the Dollar Index to make a move from its current state of indecision. Couple of scenarios could play out we could see this indecision play out a bit longer, or we could see some follow through from the dollar. Currently on the DXY we are watching the 96.493 and the 97.465 areas for resistance. And watching the 95.662 and 94.635 areas of levels of previous support. 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
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.
Short
by FuturesForexClasses
CADJPY / H4 / Daily Forex Technical Analysis / 6.27.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is June 27th, 2019 and we will be taking a look at the Canadian Dollar against the Japanese Yen. Looking at the 4 hour time frame we can see price action has visited the 82.3 region which it has done so in quite some time. It has taken out it most recent active highs and made new highs and we will be looking for an optimal entry short. Entry for a Short position near the 82.321 area, with a Stop Loss near the 82.673 region, with a target profit level area of 81.559 to possibly ensure a profitable trade with a 2.16 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
AUDCAD / H4 / Daily Forex Technical Analysis / 6.26.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is June 26th, 2019 and we will be taking a look at the Australian Dollar against the Canadian Dollar. We are currently looking for price action to have a minor pullback into its previous area of support near the .91 region. If we do get a pullback and it holds at this area we would be looking for an optimal entry for a profitable long trade. Entry for a Long position near the .91351 area, with a Stop Loss near the .91031, with a target profit level area of .92215 to ensure a profitable trade with a 2.70 to 1 R/R.
Long
by FuturesForexClasses
1
GBPCAD / H1 / Daily Forex Technical Analysis / 6.21.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is June 21st, 2019 and we will be taking a look at the British Pound against the Canadian Dollar. Looking at the 1 hour time frame we are looking for price action to reach its previous area of resistance near the 1.678 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 1.67914 area, with a Stop Loss near the 1.68318 zone, and a profit target zone of 1.66861 could possibly ensure a profitable trade with a 2.61 to 1 R/R.
Short
by FuturesForexClasses
CADJPY / H1 / Daily Forex Technical Analysis / 6.20.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is June 20th, 2019 and we will be taking a look at the Canadian Dollar against the Japanese Yen. Looking at the 1 hour time we are now looking for this current level of support at the 81.2 area to hold, if so we will be looking for an entry with a great risk to reward ratio. Entry for a Long position near the 81.198 area, with a Stop Loss near the 80.980 region, and a target profit level area of 81.687 to possibly ensure a profitable trade with a 2.24 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
NZDCHF / H1 / Daily Forex Technical Analysis / 6.19.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is June 19th, 2019 and we will be taking a look at the New Zealand Dollar against the Swiss Frank. Looking at the 1 hour time frame price action had a minor pullback back of the current structure into its previous area of support around the .650 area, if the conditions are optimal we will be looking for an entry Long. Entry for a Long position near the .65087 area, with a Stop Loss near the area of .64796, and a target level area of .65868 to possibly ensure a profitable trade with a 2.68 to 1 R/R.
Long
by FuturesForexClasses
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.
Short
by FuturesForexClasses
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.
Long
by FuturesForexClasses
1
USDCAD / H4 / Daily Forex Technical Analysis / 6.14.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is June 14th, 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 its previous area of resistance near the 1.336 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 1.33621 area, with a Stop Loss near the 1.33953 zone, and a target level area of 1.32842 could possibly ensure a profitable trade with a 2.35 to 1 R/R.
Short
by FuturesForexClasses
CADJPY / H1 / Daily Forex Technical Analysis / 6.12.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is June 12th, 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 into an area of previous resistance near the 81.3 area, where we would look an entry to go short. Entry for a Short position near the 81.836 area, with a Stop Loss near the 82.106 region, and a target profit level area of 81.279 to possibly ensure a profitable trade with a 2.06 to 1 R/R.
Short
by FuturesForexClasses
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.
Long
by FuturesForexClasses
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.
Short
by FuturesForexClasses
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.
Short
by FuturesForexClasses
NZDUSD / H4 / Daily Forex Technical Analysis / 6.5.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is June 5th, 2019 and we will be taking a look at the New Zealand Dollar against the U.S. Dollar. Looking at the 4 hour time were looking for price action to reach its previous zone of resistance near the .6646 area where we would look for an opportunity to short. Entry for a Short position near the .66461 area, with a Stop Loss near the .66869, and a target profit level area .65545 to possibly ensure a profitable trade with a 2.25 to 1 R/R.
Short
by FuturesForexClasses
EURUSD / H4 / Daily Forex Technical Analysis / 6.4.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is June 4th, 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 price action had a nice bullish continuation to the upside breaking above major key support and resistance areas, and nailing the top the trend line as resistance perfectly. We will be looking out for a minor pullback to the 1.12205 support area where we could look for an entry Long. Entry for a Long position near the 1.12212 area, with a Stop Loss near the 1.12025, and a target level area of 1.12621 to possibly ensure profitable trade conditions with a 2.19 to 1 R/R.
Long
by FuturesForexClasses
GBPUSD / H1 / Daily Forex Technical Analysis / 6.3.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is June 3rd, 2019 and we will be taking a look at the British Pound against the U.S Dollar. Looking at the 1 hour time price action is currently in a minor retracement, we're watching to see if price action can hold the 1.25 area as support. If price action does retrace and find support around that region we will be looking for an entry Long. Entry for a Long position near the 1.26032 area, with a Stop Loss near the 1.25553 region, and a target level area of 1.27125 to possibly ensure a profitable trade with a 2.28 to 1 R/R.
Long
by FuturesForexClasses
US Dollar Currency Index / W / Weekly Forex Analysis / 6.2.2019Hello Traders, welcome to the Weekly Forex technical analysis. Today is June 2nd, 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. Looking at the Dollar Index here on a weekly time frame, overall the structure still remains pretty bullish as long as were above the 97.465 support and resistance area. We also had the talk of additional tariffs going against Mexico, which could certainly trigger this to move upwards towards the 98.687 resistance area. If we break above the 98.6 area look for the next target area which would be 99.451 support and Resistance zone. If the DXY starts to lose momentum and turn bearish by losing the 97.465 area, we would be looking for a retrace back to the 96.493 region.
INDEX:DXY
by FuturesForexClasses