Euro/Pound look bullish in this side that look interesting to long, the price action had 2 opportunities to buy in this zone, but a long posiiton could be a good idea to going with the trend in H1 timeframe. I open a long position in the market price in £0.8834 GBP and SL in £0.8813 GBP and take profit in £0.8900 GBP. This will be a risk/benefit of 1:3. It's an...
Ethereum still into this bearish channel from July 2022 that I identify now in Daily timeframe, but now, we see another thing as we see like a pull back that we can to get a long opportunity in Ethereum price, but based in price action, it's speak us a possible bullish continuation until $1,430 USD. And also, we're into this range, what the price doesn't break...
Great Britain Pound/U.S. Dollar look an interesting trade that we can to take it. But, we can't to take decision fast as before, we need to take cautious to analyze the chart and how the movement will develop it. So, in this timeframe I'm watching 2 important levels: $1.2058 USD and $1.2080 USD to take a possible smart zone to sell Pound/Dollar. So, in case...
As I follow this trade from the past week. This it's the quickly update that I knew very well one thing. As before I said that AUD/CAD will climb, thing that happen when I told you in the past week, what as result, climb but I don't cached the opportunity. But analyzing from the H1 and H2 timeframe, we're in the correction that the market structure speak us that a...
In this quickly analysis, I see that Euro could to drop very easily to short EUR/USD. As today I read a good perspective from U.S. Dollar fundamental news. that come bullish. Now, I'm shorting in the market live in EUR/USD in $1.0321 USD. Stop Loss to $1.0384 USD and take profit $1.0190 USD. I see a bearish perspective in this par. This it's H4 timeframe and...
Great Britain Pound/Australian Dollar forming an interesting Double Bottom here, and right now, the price it's making a pull back in this zone. Talking about the H1 timeframe, we see that GBP/CAD look into this bullish setup. I draw this diagonal up line that mark a psychological point that we couldto put a buy order place in the smart zone. For me, I'm very sure...
Australian Dollar/Canadian Dollar look very interesting to trade now, we can to put a buy order place here at $0.8934 CAD, Stop Loss to $0.8890 CAD. Now, I have 3 targets to discuss, what it's very important to monitoring how Forex market will behavior by fundamental analysis, because Canada has some news to still pending in this week, we have a lot news to read....
Fundamental Analysis: ***1) Germany, Europe's largest economy, is still on course for a recession even with a new government plan to spend 65 billion euros ($64.49 billion) on shielding energy customers and businesses from soaring inflation, economists say. 2) The latest package brings to 95 billion euros the amount allocated to inflation-busting since the...
In this analysis, Great Britain Pound/Australian Dollar could to show us another opportunity to take in our hand, we see a potential long position with my perspective. 1. Daily Timeframe: As your see, we're in the possible bulish channel perspective that in theory, it's mean any possible bought in this zone to go higher until some points, but based in my...
Australian Dollar/Yen Japanese forming an interesting bullish setup, what we could to find up bought in Aussie. So, I see a smart zone between $95.00 JPY and $94.85 JPY, i put my buy order place exactly at $94.90 JPY, Stop Loss to $94.55 JPY, and take profit to $96.00 JPY. Also to take in note, we could to forming a possible new harmonic pattern in formation,...
U.S. Dollar/Yen Japanese look bullish by fundamental news what Federal Reserve do in the economy. But first, I will talk about this trade, I made an entry in the morning when I see this bullish evolving pattern, but yes, I had a sell order limit that was hope to being activate, but I change my mindset and my focus what I see. I believe that USD/JPY could to...
Canadian Dollar/Swiss Franc it's one of my analysis that I check out and I was in short, but I loss this trade in the first as I analyzed with my iphone and my iphone I suppose that I can't to analyze it than using a computer or laptop, a better way to see full the chart. Ok, now, so, I believe that Canadian Dollar look strengthen in the trend, what we could to...
After that U.S. Dollar was bearish, drop by U.S. New Homes Sales, what we could to see a drop during this hour until Dollar find a support that I believe in $135.34 JPY in H4 timeframe. So, I'm shorting Dollar from $136.78 JPY. Stop Loss to $137.26 JPY and target to $135.50 JPY ***The price action it's a key to understood, in case that U.S. Dollar closed up...
As the new 3rd update in this trade, GBP/USD it's in the bearish trend following by U.S. news and UK news, there're a high correlation in this grant currencies. Sterling Pound still bearish and we could to entry in the 0.618% as 2nd opportunity to see. I still bearish and I place my short position to $1.2106 USD, Stop Loss to $1.2143 USD and take profit to...
After that I entry to long in Canadian Dollar/Yen Japanese, the price decline the bull continuation and drop strong 1.53% approximately. And I loss this trade -45 pips or -3.87%. But I believe that as CAD/JPY move and forming this bearish engulfing what show up after that I put a long position Based in H4, still bearish as I mentioned in the past analysis, but...
U.S. Dollar/Canadian Dollar forming a possible triple top in formation that we could to take advantage to short, unfortunately, the price doesn't climb as I expect and maybe the price acton it's speaking that there're a weak in the price of bull and bear. We're in the descending channel, and this pull back it's look manipulated and false to climb, I'm shorting...
Australian Dollar/U.S. Dollar formed a Shoulder Head Shoulder inverted in the downside. What we could to see a long position now against Dollar. Ok, in my past ananlysis I said that Aussie will drop, yes drop but made a manipulation in the zone that I was in some pips in profit and make rejection, what we could to see an opportunity to long AUD. Right now, we're...
Ethereum could to ending this ABC correction pattern in weekly timeframe what we look an interesting point to view that in based what will be the reaction of Forex market for the next weeks, I can to take a good plan to change my mindset and look possible bought in the new bull rally, but there're some point that we would need to confirm. 1) Fundamental...