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Will USD/CAD drop even more???USD/CAD has broke a weekly support level of 1.28250. Can it drop to a previous weekly level of 1.24250? I'm sure we can all agree that it has been an interesting start to the new year. A ton of jobs have been lost unfortunately due to COVID-19 and the number continues to increase. With that being said I am curious about the NFP results tomorrow. I do feel price will continue to drop to levels 1.25500 & 1.25250 but we will see. Play it smart because the market does what it wants to do!
Short
by WeHereFX
SEC impactAs we are aware over 90% of XRP holdings are done individuals outside of the US. However, we need to understand that this does not mean the US can reach international Laws when it comes to anything involving big money. I have two personal opinions and comment below on what you think. I believe that when Feb 22 hits XRP will be back at the 0.45-0.50 maybe even 0.60 based on the previous structure that we broke back there that started on the 24th of Nov and Wicked out at 0.78. What i expect that from Feb 22nd XRP will wick out at around 0.70 and touch the 0.25-30 before we fly again over 1.00. Now my other personal opinion is simply that the price of XRP remain at the 0.25-0.30 and as a result of the Lawsuit if it may be deemed not a security, bring us directly to the 1.00 price range without the chance to see 0.25.30 again. Now I believe this to be my personal opinion but if you think about it the Forex market is already a 4-5Trillion dollar market and that's per day. I believe the crypto market capitalization will reach 100 trillion dollars by 2025 if not 2030. This is simply something i see based on where the world is headed in terms of currency and the use of currency globally. Comment down what you think as I personally believe that XRPA itself will one day reach that MKT CAP of 1 trillion dollars. In Crypto, you never say never.
BITSTAMP:XRPUSDLong
by jeansipeninvestments
Silver will reach back to the upside channel target 25,098 euroAs you can see we have closed an outside bar on a daily basis. This week canldestick will be bullish to ,because after a outside bar , we have seeing a bullish rise in the last bull run in 2010. When it gets to the upside channel(green) we'll probably see a bull run to 30 euro. With a good of luck we could see a new all time high at the end of april 2021 The risk is under 21,106, because there you see the last support. Small risk and high profit Good luck
FX_IDC:XAGEURLong
by price_action_bars
UJ breakout. finally done dropping!?!Here on the 4hr timeframe / daily we can see uj made a clear breakthrough to retest previous high points. Will be watching to see to when a pull down finishes to find a long entry if these candles do not got below the previous 4hr breakthrough zone. UJ has been dropping like crazy lately but its uptrend candles can be HUGE if your timing is on point! Safe trading peers, Pips for everyone ( first time using this indicator, it may not be lined up perfect but it still gives me the right idea/direction nonetheless )
Long
by pipsmoke
Nasdaq ScenarioNasdaq Scenario For Today ╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳ NAS pushed up almost to 12452 Mark, but it rejected since it is a major S/R zone. Right now i think that we can either expext a correction to the downside or a push upwards depending on if the reject this currenct zone or not. ╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳ Trade safe, we in this for the long term. ╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳ Let me know your thoughts and questions, don't be greedy dawg and give me a like and follow for bigmoney profits. ╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳ ScenarioPainter
OANDA:NAS100USD
by UnknownUnicorn12800273
1
Nasdaq ScenarioNasdaq Scenario For Today ╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳ Yesterday NAS went all the way up to ~11980 Mark and right now looks like it is pushing to ~12209 Mark. Note that ~12209 is a major resistance zone, last time NAS was at that point we spiraled down. Right now i expect NAS to get a correction (see ABC) and even go as further as correction into a downwards channel. The other possibilty is that NAS will go further up, but it is too bullish for me and i expect that correction. Another possibility is that when the election results are in NAS will be moving mad, since i expect big banks from Europe and Asia to have either major buys or sells. ╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳ We have to keep in mind that market is really volatile right now and it might be better to wait until the election results are in. ╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳ Trade safe, whoopty Past performance is not an indicator of future results ╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳ Let me know your thoughts and questions, don't be greedy dawg and give me a like and follow for bigmoney profits. ╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳ ScenarioPainter
OANDA:NAS100USD
by UnknownUnicorn12800273
Gold ScenarioGold Scenario ╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳ Be cautious when taking this trade, tommorrow is NFP. Might be better to sit it out. ╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳ We have to keep in mind that market is really volatile and stoploss hunts are frequent. ╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳ Trade safe, whoopty Past performance is not an indicator of future results ╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳ Let me know your thoughts and questions, don't be greedy dawg and give me a like and follow for bigmoney profits. ╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳—╳ ScenarioPainter
TVC:GOLD
by UnknownUnicorn12800273
USDCAD: possible scenarioHello Traders! On the chart you can see my analysis of USDCAD pair... …in my opinion 1.29930-1.31460 price zone should be considered as an opportunity to open long position, as this is the zone where buyers might show some demand interest. Fundamentally speaking, yesterdays GDP numbers from China were worse than expected, risk-off on the equity markets and uncertainty regarding global oil demand should put some pressure on CAD against the greenback. The first take-profit target can be around 1.33320 price. // Don't forget to follow your personal risk-management rules before opening position. // Make sure you follow me for more upcoming ideas and feel free to share your opinion via comment. If you agree with my analysis support my work by hitting like.) // More info: link in bio ;) Contact me if you have any questions. // Risk disclaimer: This is not an investment advice and you should carefully consider whether trading is right for you in light of your particular circumstances and financial resources.
Long
by GIgor_021
GBPUSD: possible swing trade scenario1,28800-1,29500 price zone might act as support, where GBP buyers can show demand in which case the first target should be around 1,31250... If the price breaks below 1,28800 the next support area will be between 1,26700-1,27800. Possible move is on the chart. ^^ Make sure you follow me for more upcoming ideas and feel free to share your opinion via comment. ^^ Risk disclaimer: This is not an investment advice and you should carefully consider whether forex trading is right for you in light of your particular circumstances and financial resources. Trading spot foreign currencies (“FX”) is not appropriate for all investors, and the risks of FX trading can be substantial.
Long
by TradeWarr_Official
Possible swing trading setup in EURUSDHello everyone! Since end of July the price is stuck between 1,16-1,20 price zone and EURUSD is trading sideways, however the trend on higher timeframe is still bullish . Recent price action indicates that there was a possible false breakdown below 1,17000 price and we might see further weakening of the greenback . 1,17400 - 1,17770 is the closest price zone, where (if we pullback from current 1,18100 level) the bulls might show another interest for buying and the demand might exceed the supply, which will support the price going north… …the main risk for continued USD weakness remains the US stimulus deal to be struck and the US Q3 earnings disappointment, which might generate strong demand for the greenback resulting EURUSD long squeeze. A possible swing trade setup is on the chart for you. // Feel free to share your opinion/position via comment and follow me for more upcoming ideas/setups + support my work by hitting like. :) For more information please check the link in my profile status... // Risk disclaimer: This is not an investment advice and you should carefully consider whether forex trading is right for you in light of your particular circumstances and financial resources. Trading spot foreign currencies (“FX”) is not appropriate for all investors, and the risks of FX trading can be substantial.
Long
by GIgor_021
GBPAUD IdeaHi everyone, hope you're doing well; This is my analysis on GbpAud; We can see that in high time frames the trend is short, and there is a Gap in the Daily time frame that the market needs to cover. Going more deep, in lower time frames, I see that the market is doing a slower retracement of the last strong long impulse. I think that the market is going to cover the imbalance, that matches an important rotation point. It could go up to cover the Daily Gap and then continue the down trend. If the market will come back to the rotation point, I'll try to enter with a long position with target until the Gap. Like and comment this Analysis with your point of view. 🤑🤑📊📉📈👍🏼👍🏼👍🏼✍🏼✍🏼 Thank you.
Long
by robertadebiasi
2
USDJPY IdeaHi everyone! That's how I see this pair (long term) I see that the market has had a very strong bullish impulse, and it took 15 days to do so, and a fairly slow retracement, taking 117 days so far, that means there has been little bearish pressure. The market is now arriving in an important area where there is an inefficiency that the market sooner or later feels the need to fill; I put the light purple lines to indicate the candle that broke the last bearish structure created and where the market has never returned. From this analysis I can understand that the market is going to cover that inefficiency and from there there is the possibility to go long. We need to see how the market will react in that area. Updates will come about it. Let me know what you think in the comment and if you like it, drop a 👍👍👍👍. Thank you 💙
Long
by robertadebiasi