Weekend analysis of the currency pairs i am watching for next weeks trading week. Pairs I am looking at for longs are; AUDJPY AUDUSD CHFJPY NZDCHF NZDJPY Pairs I'm looking at for potential shorts are EURAUD EURNZD USDCAD If you have any questions about trading then I will be more than willing to give you a hand if I can just give me a message or comment and...
Hi everyone, Hope you have enjoyed the weekend. Every week, I mark weekly levels for each currency pair to see how price reacts to them. As you see in the charts, I have marked the last Week's and Last Month’s Highs and Lows for the 6 major pairs (actually they are 7 but there was no room for NZADUSD, but you can do that one by yourself as a practice) Why...
Looking at some of the pairs i am looking at for the week ahead including - AUDJPY - AUDUSD - EURAUD - EURUSD - GBPAUD - USDCAD Also re-capping a couple of the trades I took this past week Any questions feel free to ask Have a great weekend Ben
The US dollar has retraced from relative highs. We anticipated resistance 94.18 yesterday, and that is exactly what we have found. We appear to be establishing value between 93.82 and 94.18. Currently, we are clinging onto the 94 handle, barely hovering above 94.00 at the time of this writing. If we see another burst of momentum, we will need to clear 94.18,...
Here i go re-cap the trades i took at the beginning of the month and that i was stopped out on Friday I also give my perspective on what I'm hoping for to happen in the first couple of trading days for next week. Lets see how the market plays out If you have any thoughts please do let me know. I would love to hear from you
Here we look at some of the trades I took at the beginning of the month, and what I am looking at for this week
Here is my weekly market breakdown for what I am watching for next week It is also re-capping some of the trades that I am currently in and have taken. Hope it can be of some benefit to you. Any questions feel free to ask Have a great weekend guys and girls
(TECHNICAL ANALYSIS) USDJPY CONFIRM THE BEARISH MOVES it was noted that the ninja pair had been waiting for a confirmation in regards to pushing the price of the market towards the April 22, lowest point. However, It all a came out of the tight range momentum the market has been undergoing in the past few days, luckily during the London trading session on...
GBPUSD is moving in a descending channel. The pair is falling from the resistance line of the channel. Like and Comment to Support this idea
Prices will be looking to liquidate the wick, tapping into the supply zone before giving us a shift in structure. We may be looking for a pullback onto a demand area on the lower timeframe before the secondary buy-side that liquidates highs into the supply.
USDCHF following a symmetrical triangle on a higher timeframe (Daily). We have already seen a sell off and its ready for its retracement to the upper trend line.
EURUSD has formed a symmetrical triangle by forming lower highs and higher lows. The trend is currently on the resistance zone of the symmetrical triangle and is on the verge of reversal. Confirm reversal for a LONG positioning. Our Stochastics is also in the oversold region.
Hello everyone! USDJPY continues to proceed downwards in a descending triangle, there should be one final drop before the trend reversal I believe. Wait for a breakout or short here, beware of the volatility of tomorrows Consumer confidence stats. DXY looks very bearish.
Hello traders and analysts, We have our sells activated - the reason behind this is looking on the weekly timeframe - the wicks have been removed by the recent candle closes on the daily. Trade 1 has been taken, Trade 2 - un-activated - as price may attempt to settle around 72.XX Upcoming We will share our new analysis for DAX30 soon. We cannot see a...
The Pairings this week has been fantastic! We expect corrections in the pairs or pause.
-There are two ways in which we could enter this pair on which is either to enter on reversal to the demand zone -Or either we enter at the breakout of the 1.26133. -Either way there is strong bullish momentum indicated by the break of the ascending channel. -The 50 EMA is also showing the bullish signals for this pair. -We will have to wait to see how price will...
Opportunity to short the GBP/USD. USD strength is still weak but the pair is at a good location for a short. ???
-If Bulls take control of this pair then I will wait for a breakout of the triangle and look to enter on the retest. -The 50EMA is below price which indicates bullish trend of the pair. -Top down analysis from the Daily and 4 hour show bullish trend and signals. -I will wait for a strong bullish candle on the retest and then I will enter a long trade.