New Trade Alert!! NZD/JPY Buy @ 72.64 TP @ 74.435 Stops @ 71.460
Prices look to be rejecting the top levels of 63 and with some bearishness visible and topping out pattern on daily candles looks like we could head for a down move back to support levels at 60.30 Stay tuned to the channel for more such updates
Golds looking weak after hitting multiple resistances at the 78.6 fib levels on the 4hr chart. A fall and retest of the moving averages will confirm the short bias and the trend to continue for the medium term. More to come on the channel!
Euro/Kiwi - Prices look like they are getting exhausted at these levels (within the 61.8 and the 76.8 fibos).Prices seem to be within this range since a few days signalling exhaustion of the prevailing uptrend. Overall from a weekly and daily perspective we look in a downtrend and hence after receiving a few more bearish candles and MA crossovers to the downside...
GBP/NZD - 2019 Highs for this pair which speaks volumes itself and looking to head even more higher day by day - A small reversal has been from the top hence expecting the price to consolidate here and then push up to the main regions of resistance Looking for the 2.01 levels as first hit of resistance - with 2.00 being a psychological l will be taking some chips...
GBP/CHF - A Breakout from resistance is seen to have held on and prices have made a quick Monday retracement before making its next leg higher. Expecting a price jump over this week or the next to the highlighted blue horizontal lines - those will act as my levels of resistance and support in the medium term. Enjoy the Analysis!!!:+1::smiley:
Confirmations pending before a short can be initiated
Kiwi is looking extremely strong and hence looks to be heading to previous highs.
Risky Long trade and hence go a smaller lot size than usual. Look for prices to hit major supply zones as prices seems to be holding onto gains in the shorter term.
A new higher low - high formation is in place Our trade is till the next major resistance zone. 866 is where we exit the trade
Expecting the short term bear reversal to be short lived and hence a long position at support has been taken. Looking forward to a decent sized upmove to previous highs.
Euros are in a small time frame looking bullish - An eventuality will be a breakout and we can capture that well through this long position.
Similar chart as CAD - CHF :- prices are holding their support regions and respecting key demand zones Prices have taken a good area of support and held onto it - now heading towards major resistance levels.
Candlestick behaviour is focused towards making bullish moves after the stop loss hunt. Prices upon breaking out of the previous high will head towards 116.800
Prices have begun moving towards our target area. Look for regions closer to previous resistance for targets.
Prices have shown a bullish momentum above the support region and that triggered a buy entry for me.
A big move upmove followed by an even larger consolidation has resulted in a bullish bias for me. Awaiting a Nice green candle - prices have respected our stops. Expecting the upmove in 15-20 Trading Days.
Prices have consolidated after a fall and could head to previous highs as well. Look for targets at 1.14600 and 1.15500 Stops @ 1.13000