Chartist-Trading

Chartist-Trading

EURUSD is forming a base at 1.1025-35 area. BUY at current levels (1.1035) for 1.1055 and 1.1070-75. Stops below 1.1022.

Chartist-Trading

USDJPY is cautiously forming a sideways formation and an upward breakout is the most probable scenario. We will use the 15min chart for entry. A strong candle with close above 145.30 will be our entry signal, targeting 145.90 and 146.25. Stops below 144.65. 4H Chart: Same red color candles in a row reaching support zone and the speed of the move is gradually...

Chartist-Trading

The downward move at previous lows provided a false break and a reversal bar. The structure of the short term uptrend that resulted allows a continuation at higher levels. We are trying BUY positions at current levels (0.6715-20) targeting 0.6745-50. Stops will be set below 0.6693. Below you can see the 4H chart with Heikin Ashi Candles.

Chartist-Trading

EURGBP is in a large sideways formation and an upside breakout seems like the most probable outcome. We will BUY an upside breakout of the neckline at 0.8435 on an 1H strong bar close above that levels, targeting 0.8465-70. Stops will be set below 0.8412. Daily chart

Chartist-Trading

USDCAD is on a breakout from a large sideways formation.The absence of resistance from the left side of the chart and Daily and 4H technical picture are supporting the continuation of the move higher with the area of 1.3560-80 to be the initial target. Strategy: BUY at current levels and add at a pullback towards 1.3505-10 area. Stops below 1.3480 TP 1.3560 and...

Chartist-Trading

GBPUSD is in a downtrend in the short term with Weekly, Daily and 4H charts technical picture favoring the continuation of the move lower. Strategy: SELL at current levels and at any advance towards 1.3145-60 STOP LOSS above 1.3205 TP: 1.3085 or 1.3055-60 MULTITIME FRAME TECHNICAL PICTURE AND ANALYSIS Weekly: Reversal Weekly Bar at double channel top Daily:...

Chartist-Trading

EURUSD is in a downtrend in the short term targeting 1.1030 and eventually 1.0980 area. Weekly Daily and 4H charts are favoring the continuation of the move at lower levels. Strategy: SELL at current levels and at any pullback towards 1.1060-80. STOP LOSS: Above 1.1100. TP: 1.1030 and 1.0985 MULTI TIME FRAME TECHNICAL PICTURE AND ANALYSIS Weekly: Reversal...

Chartist-Trading

The possible double top formation at the 4H chart and initial reversal indications at the D chart make us go on the sellers side. We are selling at PP0 and R1

Chartist-Trading

GBPUSD has reached important targets and resistance zone at the W and D charts. The HA reversal indications at the daily chart at an important resistance zone, makes a short term top possible. We are looking for Sell entries at any retracement at PP0 and R1. Below you can see the W, D and 4H charts in order to understand our approach and methodology

Chartist-Trading

EURUSD is trying to form a corrective move. According to Weekly and Daily indications we are on the Sell side. Waiting for PP0 and R1 for entries. Stops above yesterday's highs. Keep in mind that the 4H trend is still up and the basic trendlines are containing the move. Below you can see the Weekly Daily and 4H chart analysis for better understanding of our...

Chartist-Trading

AUDUSD has tested the important 0.6700-50 resistance area. We are going to sell an hourly close below 0.6650 for 0.6580. Stops above 0.6700. Below you can see the technical picture of the daily chart

Chartist-Trading

EURUSD has met important resistance area at 1.0350-70 levels and at least a pullback at lower levels is our most preferred scenario. We are Sellers at current levels, adding more at 1.0330-40. Stops above 1.0370, targeting 1.0220 area. Below you can see the picture from the Daily chart.

Chartist-Trading

EURGBP: The pullback at previous tops and the daily pivot gives BUY signal. We will buy at 0.8790, setting the stops below 0.8760, targeting 0.8820.

Chartist-Trading

EURUSD has formed a double top and at the hourly and 4H charts. We believe that lower levels have to be tested and we will try sell positions at current levels adding more at 1.0065. Stop above 1.0105 for 0.9970 and 0.9930

Chartist-Trading

USDJPY is testing yesterday's resistance zone at 145.90-146.10 that now turned to support. We will buy at this area with stops below 145.60. Targets 146.75 and 147.10

Chartist-Trading

GBPUSD is entering into the first resistance zone at 1.1410-30 after yesterday's steep decline. We are sellers at this area with stops above 1.1465.

Chartist-Trading

USDJPY is testing previous lows and strong support. An upside breakout of the sideways formation and of the channel will give the confirmation. We will buy a clear break of 146.00 with stops below 145.35. Targets 146.75 and 147.30

Chartist-Trading

AUDUSD: Sell at current levels for 0.6750 and 0.6710 which will be our main target. Stops above 0.6530