On NZDJPY, we have a price that is currently in the 84.48 area, where we have a demand zone. The price is creating a significant liquidity area there, and a long setup could potentially be formed to reach the 86.60 area, covering the entire market inefficiency. Let me know what you think. Happy trading to everyone.
On this pair, I predict a price return to the 172.47 area, where we have a demand zone. There, I believe the price will create a long setup for a return to the 174 area, which represents all-time highs. Let me know what you think. Happy trading to everyone.
On GBPUSD, we have a market that is currently at the 1.2430 area, where we have an excellent point of interest (POI) with a supply zone. The price could potentially drop with a great trade risk-reward ratio of 2.5 in the 1.2340 area, and then bounce back up to the 1.2470 zone where we have a strong supply zone. Let me know what you think. Happy trading to everyone.
On XAUUSD, we have a long setup that, after creating false lows around 1935 and effectively spiking on a demand zone, the price has risen, breaking previous highs and creating a perfect long setup for a trade entry. All of this follows the Forex48 strategy. Therefore, I entered the position at 1940 with a target of 1981. Let me know what you think. Happy...
On AUDUSD, we have a price that, after forming a demand zone around 0.6530, retraced to the 0.75 Fibonacci level, creating a long setup. The target for this trade is 0.6650 with a risk-reward ratio of 1:6. Let me know what you think. Happy trading, everyone.
On NZDCAD, the price declined to the 0.8220 area, forming a bearish setup according to the guidelines of the Forex48 strategy. Therefore, the objective is to wait for a retracement to the 0.8240 area and then enter a short position with a target of 0.82 and a risk-to-reward ratio of 1:2.5. Let me know your thoughts. Happy trading to everyone.
On USDJPY, we have a market that generated a supply zone around 140.50, then retraced back to the 75% Fibonacci level at 140.50, creating a setup for a short entry. The target is the demand zone around 138.70. Let me know what you think. Happy trading to everyone.
On EURCHF, we have a bearish setup this morning with the price declining and forming a short setup, making it an excellent entry point around 0.971 area. The trade offers a 1:25 risk-to-reward ratio, which is a great setup with the Forex48 strategy. Let me know what you think. Happy trading to everyone.
We have gold located in the 1940 zone, where we have an excellent demand zone. Primarily, gold could create a short setup here before reclaiming liquidity in the 1985 zone. Alternatively, the price could decrease, creating a short setup with a target of 1880. The decision on the US debt ceiling will be crucial. Let me know what you think. Happy trading to everyone!
On GBPNZD, we have a long setup with a price that has started bouncing in the 2.040 zone, where we have a supply area. I expect the creation of a short setup for an entry with a target of 1.9950, where we have significant liquidity left by the market when it reacted to the interest rate news. Let me know what you think. Happy trading to everyone!
On USDCAD, we have a price that oscillates between a fake supply and demand in the 1.36 zone. The objective will be to wait for the price in this zone for a possible long setup and then enter with a target of 1.3720. Let me know what you think. Happy trading to everyone!
On GBPUSD, we have a bearish setup after the news on the dollar and the possibility of a debt ceiling bailout. We have a price that, after forming a demand zone at 1.23200, rose towards 1.2440 where we have a supply zone with a highlighted short setup in blue. I will be looking for an entry point there. Let me know what you think. Happy trading to everyone.
In CHFJPY, we have a price that is descending towards the 153 area, where we have a demand zone and where the price could create a bullish setup, potentially returning to the 154 zone. This is because we have observed a significant amount of buying and selling orders both in the highlighted supply zone and in the mentioned demand zone. Let me know what you...
In AUDJPY, we have a strong Yen that is driving the price to the 90.600 area, where there is a demand zone and where the market could create a bullish setup due to the significant amount of orders present in that zone. The entry is expected around 90.700 with a target at 91.600. Let me know what you think. Happy trading, everyone.
In EURJPY, we have a neutral setup where the price is oscillating between 148 and 150. The expectation is for the price to return to the 149 zone for a long entry with a target at 150. At that point, there is a high volume of executed orders. Let me know what you think. Happy trading, everyone.
n EURAUD, we have a bullish setup that has brought the price to the 1.6440 area, where we have a strong supply zone that has already been validated and where the price has formed a bearish setup. The trade objective is a short position with a target at 1.625. Let me know what you think. Happy trading, everyone.
n XAUUSD, we have a market that is declining after reaching today's highs at 1985. The price is descending towards the 1960 demand zone where the price could potentially change direction and return to 2015. However, tonight the FOMC data will be released, which could push gold downward, breaking the 1960 zone and taking it down to 1885, where we have a significant...
On GBPNZD, we have a bullish setup after this morning's interest rate hike announcement. The price has risen to the 2.0240 area where we have a supply zone. Here, it created a spike, confirming the previous zone. Therefore, I will now wait for the creation of a short setup with a break of the lows and subsequent price rebound in the supply zone before entering...