Forex48_TradingAcademy

Forex48_TradingAcademy

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...

Forex48_TradingAcademy

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...

Forex48_TradingAcademy

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...

Forex48_TradingAcademy

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...

Forex48_TradingAcademy

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....

Forex48_TradingAcademy

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

Forex48_TradingAcademy

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

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...