ForexLeague

ForexLeague

EURJPY Bullish Idea Weekly Trend: Bullish Daily Trend: Bearish 4hour Trend: Bullish Trade scenario 1: We are looking more bullish lately but we can see price action is at major resistance around 140.000, a daily zone. From here we’re looking for a break above 140.000 with a higher low above. Trade scenario 2: For us to consider EJ bearish again on the 4hour...

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USDJPY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: Looking bullish overall and we’re currently seeing no signs of slowing down. The most likely scenario is that we continue bullish without structure. It looks like at most we may see a higher low near 139.000 before continuing higher. Trade scenario 2: For us...

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AUDJPY Bullish idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: We recently broke the daily range after price action pushed above 95.000. Currently price action seems to be ranging between 95.000 & 96.000 so we will have to wait for clear price action to make a decision. If we are to look for long entries we need to see a...

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AUDUSD Bearish Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: We are looking super bearish on AU and looks like price action will continue with this trend. We recently broke below our 0.68500 level and will look to continue short. The most likely scenario is price action rejects 0.68500 with strong bearish setups to enter...

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DXY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Every timeframe suggests more bullishness on DXY. Going into this week the most likely scenario is price action rallying higher. As long as we’re above 108.600 price action will look more bullish overall than bearish. Look for higher lows above 108.600. Trade...

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Gold Bearish idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: All timeframes are back to bearish and price action is not showing any signs of slowing down. Going into this week we’re looking for structure. Ideally, price action forms a lower high close to 1760.00 then starts pushing lower again. Trade scenario 2: For us...

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EURJPY Neutral Idea Weekly Trend: Bullish Daily Trend: Bearish 4hour Trend: Bearish Trade scenario 1: We have been pretty bearish on EJ lately but price action seems to be struggling near our 137.000 zone at the moment. From here we’re looking for reactions to determine what to do next. Ideally, price action reverses from 137.000 and starts heading lower with...

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USDJPY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: Overall we are looking very bullish on UJ again. To continue with the bullish trend we first need to see the next higher low confirmed close to 135.000. Look to enter long and target higher toward 137.000 Trade scenario 2: If we are to consider UJ bearish we...

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AUDJPY Neutral idea Weekly Trend: Bullish Daily Trend: Ranging 4Hour Trend: Bullish Trade scenario 1: Overall we are bullish on AJ but we have been seeing a ton of ranging on the daily timeframe and now we can see some choppiness happening here on the 4hour. The most likely scenario is price action rejecting 95.000 resistance and heading lower. Trade scenario...

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AUDUSD Bearish Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: Overall we are looking super bearish on AU and it’s not showing signs of slowing down yet. We are right near key support (0.68500) and how price action reacts here will determine everything. If we are to consider long scenarios we need to see a very convincing...

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DXY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Looking very bullish on DXY after last weeks’ massive rally. Currently price action is just above our 107.600 zone and very extended. The likely scenario is that DXY will rally toward a new high near 109.000 before reversing. We have to wait for structure so we...

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Gold Bullish idea Weekly Trend: Bearish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Looking very bullish but we still need to see a bit more price action before we can enter in any positions. Ideally, price action continues bullish and forms a significant higher low above 1800.00. Look to enter long and target higher if this happens. Trade...

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EURJPY Bearish Idea Weekly Trend: Bearish Daily Trend: Bearish 4hour Trend: Bearish Trade scenario 1: We are looking super bearish on EJ and we seem to have broken a key zone near 137.000 Look for strong bearish variations right now and look to enter short on confirmation below 137.000. Target lower toward key support levels. Trade scenario 2: For us to...

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USDJPY Bearish Idea Weekly Trend: Bullish Daily Trend: Bearish 4hour Trend: Bearish Trade scenario 1: Looking bearish on the daily & 4hour timeframe for UJ and we’re looking to continue with that bearish trend. Ideally price action breaks support at 133.000 and forms structure below. Look to target lower toward key support around 129.500. Trade scenario 2: For...

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AUDJPY Neutral idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Overall we are looking bullish on AJ. Going into this week we are going to look for reactions near our 95.000 resistance zone. For us to continue bullish we need to see a significant high above 95.000 with a confirmed higher low above. Trade scenario 2: For...

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AUDUSD Bullish Idea Weekly Trend: Bearish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: We are back to bullish on the 4hour. We are actually looking a bit overextended at the moment. We can see price action is resting at our 0.71100 zone where we are waiting for reactions. Ideally, price action swings back to find structure and rejects support...

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DXY Bearish Idea Weekly Trend: Bullish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: We are looking overall bearish since price action broke below our 106.400 zone. We can see a bit of a pullback happening after we hit 105.000 support and ideally we reach 106.000 then see strong bearish reaction. Look for strong rejection with a confirmation of a...

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Gold Bullish idea Weekly Trend: Bearish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Looking bullish here on Gold on our 4hour and daily timeframes. Unfortunately gold is consolidating near our 1800.00 zone and we need a clear direction for price action before we can get into a trade. If we are to continue bearish we need to see significant...