Based on the daily Chart we are now close to a level where willing buyers are waiting for their orders to be filled. Now looking at a lower time frame H2 in this case there is a level (0.67060 - 0-66681). I believe price will have a bounce from this level and heading for the opposing level indicated.
Based on Daily and 4H I have located this level for shorting Silver. Price might go deeper into the zone before turning Target about 19.84.
Based on Daily Chart analysis, sentiment for this pair is up with a set up meaning a trade can placed. I have located a level on H1 chart (1.4250 - 1.45474). I think there is a potential for 150 pips or more but firstly, have to wait for price to get to this level.
I have identified two supply levels (158.788 - 159.141) & (162.054 - 162.598) on 30m chart. In my opinion price might go a little deep into the level before turning and going lower. For the higher level, obviously there is going to be a while before price hit that level, however, I think there is going to be a potential TP of about 300 pips.
I have located this level where I think willing buyers are waiting for their orders to be filled (0.93633 - 0.92970). Target profit could be before the opposing level around 0.97300s. This level looks better on H6 or H4 time frames.
So we are now looking at the other side of the long trade which I published a few weeks ago. GBP is still rallying and heading towards that gap at 2.0000. Sellers will be around that gap area and more likely at indicated level (2.00960 - 2.01830)
Looking at this daily chart sentiment is up with a set up. I have located two levels, first (1.13492 - 1.12929) and second level which is my preferred level (1.11900 - 1.11451). Obviously price is closer to the first level so keep an eye on that level first. Obviously for trading, lower time frames should be looked at i.e 1HR, 15min.
Based on Daily Chart sentiment is down for this pair with a set up meaning a trade can be placed. (!.47940 - 1.48598) this level is on 4hr chart. I would take profits at about 1.46385.
I have come across this level( 1.28900 - 1.29323) on USDCAD on 2hr TF. Based on Daily chart the sentiment is down with a set up, meaning a trade can be placed. This could possibly come to a little speed bump around 1.26 so I would suggest taking profits just before 1.26.
GBPAUD just hit a level of demand as of this morning (London session) and based on AUDUSD which also hit a supply should see GBPAUD break up higher. There is a potential for this pair to make over 1000 pips. There is also a gap at around 2.00000 indicated by arrow. The double bottom also indicate a bullish pattern. HOLD on to your seats!
I have selected a weekly level which I believe XAUUSD (1307.49 - 1345.09) for a short trade. I believe price could go deeper into the level before the price turns. Keeping an eye!
For those Stock lovers, Apple, Carl Icahn has now sold his entire stake in Apple INC hence the big drop lower. I think it's good time to buy at the levels indicated. I still think price will bounce off of the first level. but lower level is more desirable.
Based on Daily TF the sentiment for this pair is down with a set up, which means a trade can be placed. The level that i am looking at is between 0.78280 - 0.78413 in an Hourly TF. Keep an eye for further developments.
USD dropped drastically today Due to news (Advance GDP q/q 0.5% Actual v 0.7%). Subsequently bringing the price closer to two levels which I have identified on the daily Chart. The lower level will likely be a better level as the first big move started from that level. I still think we will get a bounce off of the first level.
AUDUSD daily sentiment is down, but I believe we could get a short bounce of this level (0.7923 - 0.75890) on 15m. As mentioned in the title this is going to be a short term trade with Target possibly around 0.7620.
Based on Daily TF the sentiment is up with a set up. This means that trade can be placed. I have marked a level which I believe the price will retrace to before rallying back up (0.68190 - 0.68429). My level for going short is also marked starting from 0.71472 to 0.72664. GBPNZD will also be a good pair to take along with NZDUSD but in opposite direction. ...
GBPJPY I believe will retest the level 162-553 - 163458 before heading back down. Because the level has been tested once, I think the price will go deeper into the level before turning.
In 240m, the price tested the level (1.1379 -1.14010) for a drop away from the level and retest. I believe the price will head lower to my level (1.11672 - 1.1190). There is no set up yet meaning we have to get a confirmation from Daily candle before a trade can be placed.