On this pair, I have identified a supply zone at 0.5650. Applying the Forex48 strategy, the zone has already been validated, so it is a good opportunity to look for an entry point. I have identified a Point of Interest (POI) within the main supply, and I will wait for a retracement at that point before entering short. L et me know what you think. Happy trading,...
On this pair, a bearish setup has emerged after the price created a supply zone in the 149 area. The FOREX48 strategy involves waiting for the price to drop down to the 146.50 area, where a POI zone has been identified, namely a demand zone within a larger demand zone. The objective is therefore a long trade with a target to be evaluated at the time of opening....
On this pair, we have a market that is in conflict between two zones, one of supply and one of demand. According to my strategy, both zones are valid for the search for long or short scenarios. At the moment, the market has created a bullish setup that I have highlighted in yellow in the 1.86 zone. The objective will be to wait for the price to reach that zone and...
On this pair, we have a price that appears to have bounced after a false breakout in the demand zone at 1.989. The target is in the 2.2031 zone with a risk-reward ratio of 1:9. The scenario was identified with the Forex48 strategy. However, the scenario is still uncertain since there will be a decision on interest rates by the BOE on Thursday. Let me know what...
On this pair, we have a price that has created a supply zone, starting a bearish run by testing a very weak demand zone. According to the Forex48 strategy, I think the price could bounce on the supply zone at 151.87 and then descend to the level of 150, where there is a very strong demand zone. Let me know what you think. Good trading to everyone. Forex48...
On EURUSD, a bearish setup is presenting itself today. I have identified a demand zone at the level of 1.1085 that the price will use as a retest point before continuing the descent to the 1.0960 zone, where there is a POI, an entry point for a long trade. The target is at the 1.1095 zone. Let me know what you think. Good trading to everyone.
On AUDNZD, a bearish scenario is emerging after the break of last night's lows and after the bounce on a supply zone that I have highlighted in red. Within the supply zone, I have identified a POI zone, an excellent entry point for a short trade if the price were to return to the 1.0722 zone. Let me know what you think. Good trading to everyone, bye.
My analysis is based on an entry strategy that I often apply. I proceeded to identify a demand zone after a structural breakout (BOS). Then, I looked for confirmation on M15 and subsequently identified an entry point with Fibonacci. The target is two targets with a final target in the 172.40 zone RR 1:7. Let me know what you think. Happy trading to...
Even the data confirmed the expectations... The dollar is too weak due to the fear of a debt default in June. In this analysis, I identified a possible short scenario through my strategy number one, with an entry in the 2045 zone and then a retest of 2020 before resuming the climb towards 2100. Let me know what you think. Good trading to everyone,...
The ECB raises interest rates and what does the euro do? It drops drastically, especially against the EURJPY exchange rate, as we have the yen as the second safe haven currency after the CHF. My objective is to wait for the price to reach the 146.50 zone where there is an excellent demand zone. The area was identified through the 3H + 45M strategy. We will see if...
NZDCHF presents a slightly bullish scenario yesterday and today. Personally, I saw the price return to a supply zone where a false breakout was recorded. The objective is to look for a short position, we will see if the market creates a bearish scenario. Patience is the key. Let me know your thoughts. Good trading to everyone.
In the EUR/USD exchange rate, we are seeing a very weak euro following the ECB's interest rate hike. My scenario is to wait for the dollar to push the exchange rate up to the 1.0950 zone, which could happen tomorrow when the NFP data is released. In that area, I have identified a really interesting entry point to restart the long euro position. Let's not forget...
EURCHF is pushing downwards after the ECB's interest rate hike, with the euro weakness and strength of the Swiss franc considered the ultimate safe haven currency along with the yen. The objective now is to wait for it to drop to the 0.9710-0.9730 zone before considering a long or short scenario. Let me know your thoughts in the comments. Good trading to...
On USDCHF, we have a price that has returned to the 0.883 area after almost 2 years. I have highlighted a demand zone within which the market has created an additional support zone that could be the entry point for a long trade that I partially set up. Risk-reward ratio is 1:12. Be aware that the ECB press conference will take place in less than an hour. Let me...
GBP/CHF presents a bearish scenario with a price approaching a demand zone created last week following a breakout of a triple candle high at H1 and M15, which is my personal strategy. The objective is to wait for the price in the 1.1084 area with a target of 1.12. Long Trade with RR 1:6. Let me know in the comments what you think. Good trading to all. Forex48...
On USDCAD, we have a great bullish moment that is bringing the price to the supply zone. At 1.365 area, we have a strong resistance zone. At that point, I identified a POI that could be my entry point to the market with a target of 1.3538. RR 1:6. The trade is very risky because the interest rate data will be released in 4 hours. Let me know what you think....
On EURNZD, we have a price that has just broken the previous highs, effectively creating an entry zone within the demand, which is a strong support zone. The objective is to enter long with a target of 1.78. Let me know what you think. Happy trading to all. Forex48 Trading Academy
EURCHF is consolidating within a support wave, called demand. The objective is to wait for it to break the previous highs at H1, creating an additional demand zone within the main one, and then use this zone as a possible entry point for a long trade. Let me know what you think. Happy trading to all. Forex48 Trading Academy