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GBPAUD SETTING UPHi guys, and happy Thursday to you all. Markets are a little slow today and we are not currently in any trades at the moment. The only pair that is setting up rather nicely out of our watchlist for this week is the GBPAUD pair. We had a breakthrough last night and we are currently waiting for a retest which will give us confirmation of price continuing in a bearish momentum which could potentially form a downtrend and eventually hit our take profit level.
But as ever we are not forcing any trades and we are definitely not going to rush into anything. We have made serious capital gain within the last few trades and we're not willing to throw all the hard work away by forcing something that isn't quite there yet.
We will keep you updated a little later on whether this trade came into our favour or not.
As always, staying humble and staying focused for now.
Good luck traders, have a great day.
AUDUSD Forecast 01 03 2021AUDUSD Forecast 01 03 2021
Last week the price touched the resistance line 0.7989 and after that it collapsed.
During the growth, it managed to break through the resistance line 0.784 and the level 0.777
after which it still stopped at the strong support line 0.771. This support line, like the rest of the lines on the chart, has existed on the chart since spring 2020. Therefore, it is not surprising that the price returned from it to the support level of 0.775.
After such a sharp drop, there will definitely be a corrective growth and I expect the price to rise to the resistance line of 0.787.
EURGBPAs I said last week ... a close even for 1 day below the 0.87150 level will force me to think about SELL up to the Fibonacci 786 level and ... UP AGAIN
THIS WEEK...UG closed below Fibonacci 618 and is heading towards the strategic area ..Fibonacci 786 + trend line + a very strong support formed in recent years and from there ... UP AGAIN
however....If it closes the month below the Fibonacci level I will see a change in trend and then I will look for SELL!!!
NOTE: this pair may be influenced in the short term by any news
GREAT ATTENTION: our analyzes have an accuracy of over 80% but due to market manipulations during this period we will avoid putting exact values on SL!
we also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market.
and please don't forget ....This is just a trend analysis! Please, give a LIKE if you find this idea useful!*
*This information is not a Financial Advice.
EURUSD UPDATE!Hi guys, further to our trade that we entered yesterday, we were running in nice profits and price pushed through another resistance zone and has now pulled back and is retesting that zone once more. We are hoping that price will then continue in a bullish momentum to hit our take profit target. We will update you later on weather price achieves our target.
AUDJPY UPDATE.. TP1 HIT FOR 70 PIPS!!!A quick update before we switch off for the evening before an early start on the markets in the morning.
Our AUDJPY trade which was entered this morning hit our Take profit target for a total of 70PIPS!!!
A massive gain on our capital this week.
But once again were staying humble and will continue with the grind first thing tomorrow morning. Keep your eyes pealed!
Good luck traders.
AUDJPY RUNNING 50 PIPS DEEP!Another well executed trade we entered here at forexinsightsuk this morning. We've been running in profit the majority of the day but now the Australian market is wakening we're seeing big movements happening heading towards our Take profit zone. We are currently 50 pips in profit which is a huge gain on our capital. Holding this position until hopefully our targets are reached. We will update you all when we have banked profits later on this evening.
Have a good evening guys!
BTCUSD: just a pause or we can go short?Hi Traders,
This is my view on this cross for the next few days.
#BTCUSD
Waiting for the structure retest to go short if the bearish environment will be confirmed
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
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Trading Kitchen
GBPUSD UPDATE! TP HITAnother trade we entered yesterday which hit our Take profit zone throughout the night.
GBP has been strong this week and has worked in our favour. We've entered a couple of GBP pairs and have walked away with good capital gain after taking advantage of them.
Staying humble as always and am currently tracking the next setup for today!
Good luck everyone.
GBPCAD FLYING STARTAnother trade placed this morning here at Forexinsightsuk. This pair was a little different as we were waiting for confirmation on a daily time frame which took a little longer than usual but we finally have take off. Currently floating nicely in profit and hopefully we will see price push towards our take profit target either later this evening or tomorrow morning/afternoon.
Solid start to a Monday!
GOLD: short trade on 4hHi Traders,
This is our view on this cross for the next few days.
#GOLD
SELL 1810
SL 1845.7
TP 1735.5
We remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if the rules of our strategy are strictly respected.
Eventually, any updates will be given in the comment section below
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Trading Kitchen
ANOTHER ONE BITES THE DUST.GOOD MORNING Folks.
Once again, one of our favourite days of the week.. MONDAY!
Absolutely love Mondays getting back into the swing of the markets and being on top of everything. I hope you all had a restful weekend ready to kill this week.
We have entered a couple of positions this morning which looked nice on the re-opening of the markets.
One of our trades this morning was a buy on EURUSD. Price is continuing a bullish momentum after retesting our strong support level and is now running nicely in profit. We have a target of around (177 pips) which is a massive percentage gain on a capital.
We will sit patiently and keep you all updated on this pair as we head into the late Monday evening.
Good luck this week everyone.
GBPUSD IDEAHi traders,
GU had a huge run to upside very fast, buyers took control of the market.
as for now GU showed no rejection.
However wee see movement within a chanel as pointed out that has been respected many times.
before the closing of the markets on friday we got 4TH touch on the respected trendline and the pair showed a strong bearish momentum.
i am gonna wait till the market opens how its gonna react.
but most likely tha pair will reach 143 level soon to meet each weekly ressistance.
NZDCHF SELL IDEAHi Traders.
here we have NZDCHF moving withing a chanel.
trendlines have been respected and also the pair is sitting on 1D TF ressistance.
in 1H TF buy tried to push the price up to broke the ressistance area but they didnt succeed and a bearish candle has been formed.
this could indicates that the sellers are taking control, i will wait for market opening to see how the price will react.
EURJPYas I said last week ...I will continue to search on massive SELL but a closure even for a day over 127,500 I will prepare for BUY!
THIS WEEK...closed above the expected target and now I am preparing to buy 200 pips up to the trend line formed in the last 10 years!
REMEMBER: all power and dynamism indices are approaching the highest values in the last 10 years ... this means that in the case of a closure below 126,050 we will see a collapse to the area of 120,700
however ... a close below 127,500 even for a day makes me think of a SELL up to the 126,050 area and from there ... UP AGAIN
NOTE: this pair may be influenced in the short term by any news
GREAT ATTENTION: our analyzes have an accuracy of over 80% but due to market manipulations during this period we will avoid putting exact values on SL!
we also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market.
and please don't forget ....This is just a trend analysis! Please, give a LIKE if you find this idea useful!*
*This information is not a Financial Advice.
EURAUD ABOUT TO POP!!EURAUD is going to fall nicely soon and it should give us over a 10 percent return for one trade. We've had another great week here at forexinsightsuk and we still have one more trading day left. We have taken full advantage of our watch list this week and have seen mega returns. We are staying humble and will constantly keep the grind going with the markets. What a day!
We entered this pair earlier and will be sitting on it for the next few hours while we monitor the pair carefully to see when we can bank profits. Good luck to anyone that has taken this trade.
WE HAVE TAKE OFFEURUSD. Another from our watchlist which has finally come into play. We were hoping to get active on this earlier this week but we didn't find the confirmation that we'd been hoping for... Until today. Trade is active and currently in profit. Hoping to see price push towards our TP Zone.