EURJPY Bearish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bearish Trade scenario 1: EJ has been overall bullish for a while but recently we have been seeing a major down trend since rejecting our 144.000 zone. If we are to continue bearish we ideally need to see a bit of consolidation with significant bearish variations to follow. Look to...
USDJPY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: We are looking bullish on UJ as we approach major resistance around 145.000. If we are to consider trades we need to see a significant higher low above 142.850 then we can target higher. If not, we will have to wait for reactions around 145.000 Trade scenario...
AUDJPY Bearish idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bearish Trade scenario 1: Currently AJ is in a steep downtrend and it will be hard to catch falling price action. Ideally, we will look for a retest of 95.000 resistance with convincing bearish variations to enter short on. Look to target lower toward 93.000 support. Trade scenario 2:...
AUDUSD Bearish Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: We are still looking very bearish on AU. Going into this week we’re looking for a break or bounce of our 0.65500 zone. If we are to continue bearish we’ll look for a break below 0.65500 with a convincing lower high below. Trade scenario 2: If price action...
DXY Neutral Idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Overall we can see DXY is very bullish and overextended. Going into this week we will be looking for retracements and structure formation closer to our 110.700 support zone. Ideally we can spot healthy structure and move forward with a bullish trend. Trade...
Gold Bearish idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: Looking bearish as we go into this week and we can see our 1675.00 support zone was taken out recently. Going into this week we’re looking to ride the bearish trend. We ideally need rejection from 1675.00 as new resistance. Look to target lower toward our -27%...
EURJPY Neutral Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1:We are still overall very bullish but we are currently forming a head and shoulders pattern near 144.000 resistance. Going into this week we need to wait and see if the head and shoulders will complete or if price action will remain bullish. Look for a break...
USDJPY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: We are still unbelievably bullish on UJ but price action does seem to be slowing down since we hit 145.000. The most likely scenario is price action continuing bullish and rallying back into 145.000. Look for a break above 145.000 to continue higher. Trade...
AUDJPY Bearish idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bearish Trade scenario 1: Overall AJ has been bullish on the major timeframes but last week the 4hour timeframe has been falling off in a strong bearish trend. If we are to continue bearish we would need to see strong rejection from the current zone 96.000. Look to target lower if this...
AUDUSD Bearish Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: Looking overall bearish here on AU but we are right at our 0.67000 zone and need to wait for a break or bounce. If we are to continue with the bearish trend we’re looking for a break below 0.67000 with a lower high below. Trade scenario 2: If we see a bullish...
DXY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: We are looking bullish on DXY 4hour but we are consolidating just above our 109.500 zone. For us to continue bullish we need to see a strong bounce off 109.500 with convincing bullish setups. Trade scenario 2: For us to see DXY as more bearish we need price...
Gold Bearish idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: We are still overall bearish and we can see price action attempted to break the range but failed to form above the zone at 1720.00 The most likely scenario is gold continuing the range it's in. If this happens look to target toward the bottom of the range. Trade...
EURJPY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: EJ is unshakeably bullish and is currently resting right near our 144.000 zone. Going into this week we’re hoping for a reversal from 144.000 to form structure near 142.000. If this happens look for a higher low with strong bullish setups to enter long on....
USDJPY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: UJ is overall bullish and is still far away from being considered bearish. The most likely move is a continuation at confluence near our 38.2% fib level & 140.000 zone. Look to target higher toward 0% & our -27%. Trade scenario 2: For us to start looking at UJ...
AUDJPY Bullish idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: We are still majorly bullish on AJ and we are currently consolidating at a high. The most ideal scenario for us would be to look for entries on structure points only (38.2 & 61.8). The safest move would be a clear reversal near 96.000 with strong bullish...
AUDUSD Bullish Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bullish Trade scenario 1: Overall AU has been bearish on major timeframes but we recently saw the 4hour timeframe turn very bullish. Currently price action is resting near 0.68500 resistance and we’re waiting for reactions. Ideally, if price action is to continue bullish we need to see...
DXY Neutral Idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bearish Trade scenario 1: We are looking newly bearish on the 4hour timeframe while we have been mainly bullish on the higher timeframes. The most likely scenario based on recent price action is that DXY will continue to fall. Look for structure below 108.600 to confirm. Trade scenario...
Gold Bearish idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: Looking steady bearish here on Gold and it will most likely continue bearish into this week. Ideally we can spot good rejection from 1720.00 with bearish variations to enter on. Look to target lower toward 1675.00 Trade scenario 2: For us to consider gold...