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Pipcity

GBPNZD Long readyPrice has just broke the 4H downtrend on GBPNZD. Look for a retest of this zone on the top side and there we will make our entry. As long as price breaks and retests on top of this zone we have our confirmation for a long entry. Additionally, look on the Daily chart and you will find that price is in a true uptrend dating back for a while. Usually when price breaks the downtrend within this major uptrend, we see an increase of hundreds of pips. #PipCity awaits.
Long
by FxScientist999
Big drop in the works!! Already 40+ PIPSOur analysis from last week has us watching this pair closely along with others. We saw a break of a long Daily Uptrend Trend line, break of 200 EMA and retesting both while forming a 2x Top at 61.8 FIB with bearish divergence on the 4 Hour chart confirming our entry. We are currently up 40+PIPS on this trade and holding it over the weekend. We are pretty confident that it will drop next week to where we expect it to but it may retrace to around our entry before doing so. We will watch for re-entries when price breaks the neckline. Over 240PIPS made in our group this week off of 4 Trades! We will be releasing our Advanced 0.00% Technical Analysis and Day Trading Strategy course soon, in the meantime... ...if your interested in deciphering our analysis and staying updated on entries join our newly made telegram group so we can grow together! t.me Follow us on Instagram and Facebook #FXL_Style FXLifestyle - Trade Your Future
Short
by FXLifestyle
USDJPYThe analysis for this pair shows that this will be a long term down trend due to the triple top price action pattern that has occurred. The triple top indicated trend reversal. the trend should relatively follow the descending trend line and at the moment this pair is having a retracement. A good place to enter a short would be when the retracement is done and the pair starts to fall again. However, the safest place to enter the trade would be when the pair breaks the bottom ascending trend line. Please like and follow! message me about pairs you want me to analyze.
by Berenguer
2
NZDUSDNow in this setup there is two things to consider. Right now this pair is Long term SHORT trend on the daily and the weekly. However, this trend might be LONG in the short term. If the pair breaks the 4h trend line (blue) which is the one clearly depicted and closes above the first short term top indicated by the closest green line, then it can LONG to the next short term resistance level (upper green line). The Red lines are Long term resistances while the lower Yellows are long term supports. Now if the pair fails to break the trend line successfully then it will continue to respect it and head downwards. There also may be a false breakout due to weak USD data at the moment.
by Berenguer
2
EURUSDthis is the pattern on the EUROUSD on the daily chart.There is a clear head and shoulders that has formed and US economy is going be bullish for the next few days maybe the week. If you look at the 4H chart you can see the pair is on a retracement to the golden 61.8 fib zone. My suggestion is either you can Long to the fib if you feel brave because EURUSD is a volatile pair. On the other hand, if you aren't a huge risk taken you can wait till the pair break enters the box and break exits it to enter Short. Please message me for more analysis aswell as like and follow! Thank You!
by Berenguer
NZDUSD - PipCityThis chart shows that there was trend reversal to the upside due to a head shoulder price action pattern. There is a constant upside and small retrace on the key fib levels. Something to look out for is the resistance at the top which MIGHT be an early indication of double top which is trend reversal. However, this is no confirmation of trend reversal yet, the pair would have to break the lower trend line for this to be confirmed. If the pair does not break the lower trend line then the pair will continue to rise.
Long
by Berenguer
Commodity Analysis And Trading Tips - GOLD BUY!! Today's Chart - XAU/USD Overview : Gold gave up some of its sharp overnight gains on Friday, but held above $1,200 an ounce as a drop in equities stoked fresh safe-haven demand for the metal. On Technical charts, Current trend of Gold is bullish, it has given upside breakout from downward sloping trend. Now market is making higher top and higher bottom formation on chart. Market is likely to be further bullish, it has retrace its recent significant upward movement and still sustaining above the downward sloping trend line with formation of symmetrical triangle. It has been taking support of 50 DMA & 200 DMA on one hourly chart. Resistance is seen at high of $1240, while support is seen at $1200. On intra-day basis Gold price likely to trade tight range. Indicators: RSI entered and remains in positive territory now, trading at 52.9. Let me know if you like the analysis guys and I will keep it coming :)
FX:XAUUSDLong
by TheBanker
4