GOLD: Market Sentiment & Forecast
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the GOLD pair price action which suggests a high likelihood of a coming move up.
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Prediction
QQQ: Long Trade Explained
QQQ
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long QQQ
Entry Point - 414.64
Stop Loss - 408.19
Take Profit - 427.80
Our Risk - 1%
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GBPNZD: Bearish Continuation & Short Signal
GBPNZD
- Classic bearish formation
- Our team expects fall
SUGGESTED TRADE:
Swing Trade
Sell GBPNZD
Entry Level - 2.1129
Sl - 2.1186
Tp - 2.1015
Our Risk - 1%
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EURJPY: Market of Sellers
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the EURJPY pair which is likely to be pushed down by the bears so we will sell!
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EURUSD: Will Start Falling! Here is Why:
Balance of buyers and sellers on the EURUSD pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair.
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CADJPY: Weak Market & Bearish Forecast
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the CADJPY pair price action which suggests a high likelihood of a coming move down.
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USDCHF: Expecting Bullish Continuation! Here is Why:
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current USDCHF chart which, if analyzed properly, clearly points in the upward direction.
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AUDUSD: Bullish Continuation & Long Trade
AUDUSD
- Classic bullish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Long AUDUSD
Entry - 0.6424
Sl - 0.6380
Tp - 0.6508
Our Risk - 1%
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GBPJPY: Short Trade Explained
GBPJPY
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short GBPJPY
Entry Point - 192.71
Stop Loss - 193.13
Take Profit - 191.93
Our Risk - 1%
Start protection of your profits from lower levels
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EURNZD: Bearish Continuation & Short Trade
EURNZD
- Classic bearish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Short EURNZD
Entry - 1.8054
Sl - 1.8098
Tp - 1.7974
Our Risk - 1%
Start protection of your profits from lower levels
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