GBPNZD / H1 / Daily Forex Technical Analysis / 10.1.201Hello Traders, welcome to the Daily Forex technical analysis. Today is October 1st, 2019 and we will be taking a look at the British Pound against the New Zealand Dollar. Looking at the 1 hour time frame, price action is currently retracing and we are looking at the 1.967 area to hold as support. If we do hold at the 1.967 previous support zone we will be looking for optimal conditions to enter a long trade. Entry for a Long position near the 1.96782 area, with a Stop Loss near the 1.95861 zone, with a target profit level area of 1.98678 could possibly ensure a profitable trade with a 2.06 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
September2019
EURCAD / H1 / Daily Forex Technical Analysis / 9.30.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is September 30th, 2019 and we will be taking a look at the Euro against the Canadian Dollar. Looking at the 1 hour time we are now looking for price action to pullback into it's previous area of resistance at the 1.446 area. A Short entry near the 1.44691 area, with a Stop Loss near the 1.45142 region, and a target profit level area of 1.43858 to possibly ensure a profitable 1.85 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
EURJPY / H1 / Daily Forex Technical Analysis / 9.18.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is September 18th, 2019 and we will be taking a look at the Euro against the Japanese Yen. Looking at the 1 hour time we are looking for price action to make another lower high or double top at this previous area of resistance near the 119.9 region. If price action doesn't flip bullish here by regaining support above the 120.1 zone we will be looking for an entry short with profitable conditions. Entry for a Short position near the 119.949 area, with a Stop Loss near the area of 120.154, and target profit level area of 119.341 to possibly ensure a profitable trade with a 2.97 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
EURAUD / H1 / Daily Forex Technical Analysis / 9.13.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is September 13th, 2019 and we will be taking a look at the Euro against the Australian Dollar. Looking at the 1 hour time we are now looking for price action to continue with its current bearish sentiment and reach a lower area of support near the 1.6 area. Entry for a Short position near the 1.61552 area, with a Stop Loss near the 1.62029 zone, with a target profit level area of 1.60217 to possibly ensure a profitable trade with a 2.80 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
NZDUSD / H1 / Daily Forex Technical Analysis / 9.12.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is September 12th, 2019 and we will be taking a look at the New Zealand Dollar against the United States Dollar. Looking at the 1 hour time frame we are looking for price action to possibly pullback into the .639 area and retest this area of resistance. If we do get a pull back and price action doesn't S/R flip and turn bearish we will be looking for an optimal entry long. Entry for a Long position near the .63862 area, with a Stop Loss near the .63691, and target profit level area of .64396 to possibly ensure a profitable trade with a 3.12 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
EURNZD / H1 / Daily Forex Technical Analysis / 9.11.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is September 11th, 2019 and we will be taking a look at the Euro against the New Zealand Dollar. We are looking for price action to continue with it's bearish sentiment as it broke-down below the trend-line that was supporting price action. The last area of resistance was the rejection of the 1.72 region, we are currently looking for an optimal entry to enter the market short. Looking for an entry Short near the 1.71718 area. With a stop loss at the 1.72324 region, and a target profit level area of 1.70395 to possibly ensure a 2.18 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
AUDCAD / H1 / Daily Forex Technical Analysis / 9.10.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is September 10th, 2019 and we will be taking a look at the Australian Dollar against the Canadian Dollar. Looking at the 1 hour time frame we can see price action with an impulsive choppy movement as it continues to move higher. We will be looking at the trend line of the ascending triangle that price action is in, if price action breaks down below it we will be looking for an opportunity to enter a short. Entry for a Short position near the .90194 area, with a Stop Loss near the .90451, and a target profit level area of .89778 to possibly ensure a profitable trade with a 1.62 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
EURCAD / H1 / Daily Forex Technical Analysis / 9.9.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is September 9th, 2019 and we will be taking a look at the Euro against the Canadian Dollar. Looking at the 1 hour time we are now looking for price action to pullback into it's previous area of resistance at the 1.458 area. If price action continues on with its bearish sentiment and doesn't reach its previous area of resistance, this set up will be invalidated. But if price action does start to pullback into it's previous area of resistance we will be looking for a short with profitable conditions. If price action pulls back here, a Short entry near the 1.45929 area with a Stop Loss near the 1.46195 region, and target our profit level area of 1.45100 to possibly ensure a profitable 3.12 to 1 R/R.
CADJPY / H1 / Daily Forex Technical Analysis / 9.6.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is September 6th, 2019 and we will be taking a look at the Canadian Dollar against the Japanese Yen. Looking at the 1 hour time frame we can see price action has attempted to reach its previous highs near the 81.1 region, but failed to make a higher high. We will be looking for an opportunity to find a short with optimal conditions to benefit from. Entry for a Short position near the 80.767 area, with a Stop Loss near the 81.072 region, to possibly ensure a profitable trade with a 1.71 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
EURCAD / H1 / Daily Forex Technical Analysis / 9.5.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is September 5th, 2019 and we will be taking a look at the Euro against the Canadian Dollar. Looking at the 1 hour time we are now looking for price action to lose momentum and pullback into it's previous area of resistance at the 1.458 area. If price action continues on with its bullish sentiment this set up will be invalidated. But if price action does lose steam and starts to pullback into it's previous area of resistance we will be looking for a short with profitable conditions. If price action pulls back here, a Short entry near the 1.45732 area with a Stop Loss near the 1.46104 region, and target our profit level of 1.45108 to possibly ensure a profitable 1.68 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
EURAUD / H1 / Daily Forex Technical Analysis / 9.3.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is September 3rd, 2019 and we will be taking a look at the Euro against the Australian Dollar. Looking at the 1 hour time we are now looking for price action to continue with its current bearish sentiment and reach a lower area of support near the 1.615 area. Entry for a Short position near the 1.62874 area, with a Stop Loss near the 1.63470 zone, with a target profit level area of 1.61590 to possibly ensure a profitable trade with a 2.15 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!