ForexLeague

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EURJPY Bearish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bearish Trade scenario 1: We have been very bullish on EJ but as of lately we are seeing a 4hour bearish trend. Going into this week we’re looking for the classic break and retest. Price action is currently resting at our 146.250 zone and we’re waiting for reactions. If we are to...

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USDJPY Bearish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bearish Trade scenario 1: Overall we have seen UJ be extremely bullish the last few months but now we’re seeing some 4hour bearishness with a ton of consolidation. Ideally this descending triangle pattern holds and price action continues bearish again. Look for clear bearish conviction...

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AUDJPY Bullish idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Overall we have been generally bullish on AJ but we have been stuck between these two zones for quite a while. Price action is clearly struggling to find a trend so we will wait until the range is broken. Ideally, we see price action break above our 94.750...

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AUDUSD Beaish Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: We have experienced some high volume last week which leaves us with a difficult chart to read this week. Looking at the chart we can see that overall we’re bearish until we see some structure above 0.65500 as that is where the last 4hour high plummeted from....

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DXY Neutral Idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bearish Trade scenario 1: Overall DXY has proven to be very bullish but we are currently seeing the 4hour timeframe as more bearish. Going into this week we’re looking for reactions near our 110.700 zone to better determine where price action goes next. Ideally, we would like to see a...

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Gold Bearish idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: Overall we are still bearish on gold but we did see a push up to our 1675.00 area for another test. We did see some rejection from 1675.000 after and price action turned bearish. Going into this week we’re looking to continue with the bearish trend. Look for...

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EURJPY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: EJ is still holding at this high and is still overall bullish. Going into this week we’re looking for bullish rejection from 146.250 minor support. Essentially we want to see a clear continuation up to 148.000 resistance. Trade scenario 2: If we are to...

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USDJPY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: Looking very bullish going into this week. UJ is performing exactly how we want it to after the recent bearish volume we’ve seen. Price action is currently respecting 145.000 support and could be setting up for a nice long opportunity soon. Going into this...

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AUDJPY Bearish idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bearish Trade scenario 1: Overall AJ is looking bullish but price action is struggling to break above 94.750 resistance. We can see price action is resting right near resistance so the most likely situation is AJ falling back to 93.750 support. Trade scenario 2: For us to confirm AJ...

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AUDUSD Bullish Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bullish Trade scenario 1: AU is looking newly bullish as the 4hour timeframe recently broke above 0.64000 and is attempting to form a higher low. Look for strong bullish rejection and target higher toward 0.65500 Trade scenario 2: For us to see AU as bearish again on the 4hour...

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DXY Neutra; Idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Beairsh Trade scenario 1: Overall we are still very bullish on DXY higher timeframes. but we have seen the 4hour present a bearish trend for the last week. Price action is currently resting near 110.700 resistance and we are waiting for the next reaction. Ideally, if we are to continue...

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Gold Bearish idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: We saw a large bullish surge at the end of last week but we are still overall bearish on higher timeframes. Going into this week we’re looking for reversals near 1660.00 with clear price action to enter short on. Ultimately look for lower high formations down to...

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EURJPY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1:EJ is looking closer to a long scenario than anything else. We need to see a higher low above this minor level 146.250 with some bullish variations then we’re long. Trade scenario 2: Another scenario is EJ falling back to our 144.000 zone where we will have to...

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USDJPY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: Last week we saw a huge drop on UJ but it is still bullish, that’s how bullish overall we have been on higher timeframes. Ideally, we would love to see some consolidation to get a clearer look at price action but all we have is volume so scenarios are...

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AUDJPY Neutral idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bullish Trade scenario 1: We are newly bullish on AJ 4hour timeframe as we saw price action push up to 95.000 resistance. The most likely scenario is a continuation of this pattern formation with price action falling to support. You can either trade inside the pattern if this happens or...

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AUDUSD Neutral Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: AU saw some bullish movement at the end of last week and price action is now resting near our 0.64000 resistance level. Price action did break a significant level and pattern but i’m not convinced we are bullish yet. Ideally we can spot structure above 0.64000...

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DXY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Last week we experienced some bearish news and we saw price action fall to our support around 112.000. We haven’t broken anything yet, the news seems to have just accelerated the pattern formation. Going into this week we are looking for a break or bounce of...

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Gold Bearish idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: We are back to bearish on GOLD and it looks like it will continue with this trend into the week ahead. Ideally, price action forms a lower high near 1660.00 followed by strong bearish variations. If this happens look to target lower toward 1630.00. Trade...