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
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
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...
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...
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...
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
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...
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.