Forex48_TradingAcademy

Forex48_TradingAcademy

XAUUSD presents a bearish triangle with two possible scenarios. Currently, the price is in the 2018 supply zone after a false break of the trendline. The objective will be to wait for a confirmation of a breakout either to the downside or to the upside of the triangle. The upside breakout seems to be more likely given the negative sentiment towards the dollar and...

Forex48_TradingAcademy

GBPAUD currently has a slightly bullish setup this morning after a strong decline last week. The objective is to wait for the trade at 1.8630, where there is a demand zone with three confirmations and a bullish setup for market entry in the highlighted yellow area. Let me know your thoughts. Happy trading to all. Forex48 Trading Academy

Forex48_TradingAcademy

On CADJPY, we have a bullish setup since Thursday. Currently, the price is around 100.70 and rapidly ascending. The expectation is for a bounce around 100.95, where we have a supply zone with a bearish setup identified by the Forex48 strategy. In addition to this potential entry, we have another one around 101.60. Both entries look promising; we will see which one...

Forex48_TradingAcademy

On this pair, we are experiencing a bullish moment for the pound; it is simply reacting to the news. The objective is to wait for a price retracement in the area of 1.86, where we have an excellent supply zone that has been validated three times and where the market has created a bullish setup. The target objective is 1.89. Let me know what you think. Happy...

Forex48_TradingAcademy

As you can see on this chart, the price has declined in the last two days after reacting to the news about the pound and the dollar. The downward movement was expected according to the manual. In fact, there has been a setup ready to enter a long position on the pound for the past two weeks. Let me know what you think. Happy trading to everyone.

Forex48_TradingAcademy

On this pair, I have identified an entry using the Forex48 1.0 strategy. The strategy involves entering long when the price forms a demand within another demand. The stop should be placed at the second low compared to the low of the demand. Let me know what you think. Happy trading to everyone. Forex48 Trading Academy

Forex48_TradingAcademy

On this pair, the price is ascending towards the 1.1145 area where we have a demand zone that aligns with the setup of the second strategy Forex48 2.0. The objective is to wait for a bounce in this zone and enter a long position with a target of 1.1291. Let me know in the comments what you think. Happy trading to everyone.

Forex48_TradingAcademy

On EURUSD this morning, there was a breakout of a high within a demand zone. According to the Forex48 strategy, a bullish setup has been created for a Long entry with a target of 1.10. Let me know what you think. Happy trading to everyone!

Forex48_TradingAcademy

On gold, we have a complicated setup, with the sudden strengthening of the dollar despite the negative scenario, while gold tries to push towards 2100. Currently, we have a price around 2015 within a strong demand zone. The objective will be to wait for a long or short setup within this zone, with a target of 2050 in case of a long trade and a scenario of 1976 in...

Forex48_TradingAcademy

On AUDCHF, the Forex48 strategy has identified a supply zone at 0.6030, where a setup for a short trade has formed. Currently, we have a weak AUD, but it could recover and potentially bounce back to the mentioned zone overnight after the news. However, I predict a decline with the strengthening of the Swiss Franc, which is traditionally a safe haven currency,...

Forex48_TradingAcademy

On AUDNZD, we have a price that is consolidating around 1.0631, where it has formed a supply zone. The objective will be to wait for the price to rebound around 1.0660, where there is a supply zone with a Point of Interest (POI), indicating where the price has formed a short setup. Let me know what you think. Happy trading to everyone. Forex48 Trading Academy

Forex48_TradingAcademy

On this pair, we have a strengthening dollar following the afternoon sales data. As you can see, my analysis predicts a price rebound around 0.89 with a target at 0.8990. Right in that area, we have a demand zone with a Point of Interest (POI). Let me know what you think. Happy trading to everyone. Forex48 Trading Academy

Forex48_TradingAcademy

On this pair, we have a clearly bearish price with an excellent entry point identified around 1.2550. The objective is to wait for a textbook retracement before entering short. I remind you that I am following the Forex48 strategy. Let me know what you think. Happy trading to everyone. Forex48 Trading Academy

Forex48_TradingAcademy

I have to be honest, the week started off great on this pair. Forex48 strategy is already up +16%. Overall, we have gold that is caught in a vice between a demand zone around 2015 and a supply zone around 2060. After today's movement, the direction of gold is even clearer. We have a price that is heading towards 2100. The dollar no longer has strength, a currency...

Forex48_TradingAcademy

NZDUSD is presenting a bullish setup, today the price has risen after the release of US inflation data. Currently, the price is located within a supply zone around 0.6370. My plan is to wait for a retracement to the 0.6340 area where I have marked a point of interest (POI), and there I will look for an entry point for a long trade. The trade target is set at...

Forex48_TradingAcademy

On this pair, we have a price that is located at 1.9830 within a really strong demand zone. Using the Forex48 strategy, I have identified a supply zone around 1.9940, within which a bearish setup has formed. As you can see, I have marked my entry point in yellow. So, to summarize, I will wait for a price bounce in the 1.9940 area, after which I will open a short...

Forex48_TradingAcademy

On eurcad we are seeing a price drop towards the 1.46500 area where we have a demand zone. the zone seems to be interesting and according to the forex48 strategy, the objective is to wait until the price breaks the high at 1.4695 before setting up a long setup. Let me know what you think. Happy trading everyone. Forex48 Trading Academy

Forex48_TradingAcademy

On USDCAD, we have great long potential, given the strength of the dollar, which is gradually rising. There will be inflation and GDP data released this week, so we may see some dollar increases between Wednesday and Friday. In this analysis, I have identified a possible long entry point at 1.3340. Please note that this is a setup defined through the Forex48...