Forex48_TradingAcademy

Forex48_TradingAcademy

On GBP/USD, I am betting on a rise this morning before the rate announcement. I am expecting a weakening of the dollar, as large banks are starting to sell the currency in anticipation of buying it back at a more advantageous price after the data release. This setup comes with a very high risk. Let me know what you think. Happy trading to all. Forex48...

Forex48_TradingAcademy

On this pair, we have an excellent Demand zone in which the price could create a bullish setup, and then we could position ourselves for a long trade. Perhaps in anticipation of tomorrow's data, which predicts a rate hike that will occur 99%, it could push the dollar higher and bring some strength back to the currency that has lost a lot of ground in the last...

Forex48_TradingAcademy

We currently have a bearish situation on USDJPY, and we could look for a short if the market creates a short setup in the 137.70 area within the highlighted supply zone. However, tomorrow, the US interest rate data will be released, so maximum clarity and attention will be required before setting up any type of operation. Let me know what you think. Happy...

Forex48_TradingAcademy

On EURAUD, we have a market that is consolidating on a demand zone after a sharp decline of 160 pips this morning following the release of the interest rate data in Australia. The goal now is to wait for a breakout of the high first in the 1.6403 area before looking for a rebound to enter long. Let me know what you think. Have a nice trading. Forex48 Trading Academy

Forex48_TradingAcademy

In USDCAD, we currently have a price that is in a long trend. Everyone is waiting for the big day of the FED, which is tomorrow. Technically, we have two scenarios: a short one, aiming for a price rebound in the 1.365 area within the supply I have highlighted, or a rebound in the 1.353 area within the demand I have highlighted, aiming for a long trade. Let me...

Forex48_TradingAcademy

On this pair, we have a resistance zone at level 0.896, a truly strong area in which the price has already generated over 3 false breakouts. My analysis suggests a short opportunity starting from the highest supply level, or in case of Swiss franc strength, I foresee a long opportunity if the price reaches the 89.00 psychological level and the lowest demand zone....

Forex48_TradingAcademy

On gold, I have identified a long opportunity. After examining the asset, I have set my strategy to enter on 25% of the demand zone if the price breaks the previous high with three consecutive bullish candles in both H1 and M15 timeframes. Let me know your thoughts. Happy trading to all. Forex48 Trading Academy

Forex48_TradingAcademy

On this pair, we have an excellent support zone in which the price made a false break, effectively validating my trading position. The objective is to wait for the price to reach the highs at 172.11 and then identify a possible entry point within the demand zone. Let me know your thoughts. Happy trading to all.

Forex48_TradingAcademy

On NZDCAD, we have the price located in the 0.8375 area. According to my view, there are three possible scenarios, two bullish and one bearish. The first aims at a break of the supply zone in the 0.84200 area. The second scenario aims to wait for a retracement of the price in the 0.82900 area, where there is a very effective demand zone that has generated further...

Forex48_TradingAcademy

On this pair, I have highlighted a very strong demand zone at 0.6570 - 0.6580. At this point, there is a possibility that the price will create an area to use as an entry point for a short or long trade. However, the possibility of a long trade does not exclude that of a short trade. Remember to look at both directions and never focus only on one perspective....

Forex48_TradingAcademy

On AUD/CHF, I have identified a supply zone that the price has used as resistance. In fact, in the last week, the price has made 3 false breakouts on the level of 0.593. The goal is to wait for a retracement within the main supply, since within it the price has created an additional supply just this morning that I have highlighted in red. We'll see if the price...

Forex48_TradingAcademy

On NZDCHF we have a bullish structure that broke a supply zone at 0.5480 and is now at 54.90 where the price is continuing to bounce on a new supply zone. The price has made false highs on this zone and within this supply, it has made a demand zone that I used to open a long trade with a target RR of 1:4. Let me know what you think. Happy trading to...

Forex48_TradingAcademy

On this exchange, we can see a fairly congested market. My idea is that the price may return to the demand zone next week, predicting a stronger yen at the expense of the dollar, which has been losing ground for weeks now. However, the price could also violate the supply zone. Let me know what you think. Happy Trading to all. Forex408 Trading Academy

Forex48_TradingAcademy

On this pair, I have noticed that the price, after a bullish run, has started to bounce on a demand zone that has been present since March. My goal will be to wait for a price retracement within a mini supply zone that I have highlighted in red called POI and then set a short trade. Let me know what you think. Have a nice trading! Forex48 Academy

Forex48_TradingAcademy

Good morning guys, On EUR/JPY, we have a bullish daily trend. According to my view, the price could retrace to the 148.300 area, where I have identified a POI zone. This will be my area of ​​interest in which I will look for a short trade. Let me know in the comments what you think. Happy trading to everyone! Forex48 Academy

Forex48_TradingAcademy

On GBP/NZD, we have a bullish trend. The market has formed a demand zone where the price has created false breakouts, and where I have identified a point of interest (POI). At that point, I will wait for a price retracement for a potential long trade. Let me know what you think in the comments. Happy trading, everyone.

Forex48_TradingAcademy

I have an open long trade on gold with a target of 2011. At the moment, my view is neutral. We have a price that is testing a small supply zone multiple times on an hourly chart. Above this zone, there is a larger one that I will use as a basis to look for a setup for either a long or short trade. Let me know in the comments what you think. Good trading to all.

Forex48_TradingAcademy

On NZDCHF, I have identified a supply zone in which the price has bounced multiple times without breaking through. As the price went down, it created a demand zone which it used as a support level. In fact, the price has been ranging during the past week. Today, I noticed a break of the lows within the demand zone, so I will proceed to use this zone as a potential...