FxPocket

FxPocket Updated 

Here is our view and update on XAUUSD . Potential opportunities and what to look out for. Since our last in-depth analysis on XAUUSD posted on November 27th , it has followed the projection and reached 2714 . Right now we have a few opportunities on our hands. Looking at XAUUSD we have possible buys if we break above 2720 and break today’s highs. On...

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Here is our signal on BTCUSD . Potential short opportunity. As the price on BTCUSD is moving in a “range” we could take this into our advantage and sell BTCUSD at the top of it. With smaller time-frames such as m15 we can see a clear break of the 100k support zone. We can enter into safe sells and target at around 98k. Our entry is sitting at the break of...

FxPocket Updated 

Here is our in-depth view and update on XAUUSD . Potential opportunities and what to look out for. This is a long-term overview on the pair. Alright first, let’s take a step back and take a look at XAUUSD from a bigger perspective . For this we will be looking at the H4 time-frame . XAUUSD is currently trading at around 2650s . Our scenarios stay the...

FxPocket Updated 

Here is our signal on XAUUSD . Potential long opportunity. As the price on XAUUSD has broken the long-term consolidation at 2666 , we could potentially see more upside on gold if we manage to stay above 2660 . Our entry is sitting at 2667 with SL (Stop Loss) sitting below the 2660 area at 2656.700 . Our TP (Take Profit) is sitting at the next KL...

FxPocket Updated 

A quick outlook on GBPJPY . Potential opportunities. GBPJPY is currently trading at around 191.000 . We are looking at two possible outcomes on this pair. We are still in a downtrend on HTF (Higher Time Frames ). However if we start breaking above 191.500 we could see a reverse happening on the pair. Scenario 1: SELLS at the break of 190.400 . We...

FxPocket Updated 

Here is our view on XAUUSD . Potential long opportunity. XAUUSD has been trying to break below our Key Level 2624 for quite some time. Today we sent out an quick update regarding XAUUSD and explaining that if we manage to break below 2624 we could enter into sells to lower Key Levels 2604 and 2590 . However we also mentioned a break above 2640 ...

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Here is our view on CADJPY . Potential short opportunity. CADJPY has been following the downtrend for quite some time now. After its pullback to 107.100 the H4 is turning bearish again. After considering this we might continue following the trend and target lower levels such as 105.400 and 104.780 where our TP (Take Profit) is sitting at. If we...

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Here is our quick view and update on XAUUSD . Potential opportunities and what to look out for. This is a quick overview on the pair. XAUUSD is currently trading at around 2630s. If we break our KL (Key Level) 2624 , we could revisit 2604 and our target 2590 . Safe sell entries would be at the break of the KL 2624 . Be careful of possible pullbacks to...

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Here is our view on GBPAUD . Potential short opportunity. GBPAUD has been in a downtrend for the past month. After GBPAUD broke below the KDZ (Key Demand Zone ) we have made a retest of it. With this in mind, we can speculate that GBPAUD will continue with the trend after making its retest to the KDZ (Key Demand Zone). Our entry is sitting roughly at...

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Here is our view and update on XAUUSD . Potential opportunities and what to look out for. Since our last analysis on XAUUSD , it has followed the second scenario and dropped down to 2640 and now even lower. With this in mind, we now have again two possible scenarios. We are sitting at two important KL’s (Key Levels) and we will be sitting out until we see a...

FxPocket Updated 

Here is our view and update on XAUUSD . Potential opportunities and what to look out for. Since our last analysis on XAUUSD , gold rose from 2550 all the way up to our targeted 2700 Key Level . Right now we are trading at 2680s. What to look out for now? What’s next? We have two possible scenarios. Scenario 1: BUYS We broke above 2685 and trading...

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USDJPY . Potential long opportunity. After USDJPY has made its correction down to the trend line , the pair is still following the structure and still remains bullish . While USD is still “the best performing currency” at the moment, we can also take that into consideration for the bull move we are anticipating. If our SL is hit, the pair would be...

FxPocket Updated 

Here is our view and update on XAUUSD . Potential opportunities and what to look out for. Since our last analysis on XAUUSD , gold has dropped from the break of 2678 all the way down to the targeted 2600 (KDZ) Key Demand Zone . We have dug deeper, 2590 to be exact. This is our new KL (Key Level) . We are expecting one of the two outcomes. Scenario 1: BUYS...

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Today we will be taking a closer look at understanding GBPUSD . GBP -no global business -risk currency -more linked to the UK economy, politics, central banking USD -global business currency -safe haven globally -Petrodollar UNDERSTANDING THE CURRENCY PAIR -we have to understand that within this pair “ GBPUSD ” one is a “ risk ” currency ( GBP ). ( USD...

FxPocket Updated 

Here is our view and update on XAUUSD . Potential short opportunity. We broke our Key Level mentioned in our channel 2678 . Breaking below it, resulted in a price drop and a clear direction setup. We are now targeting our next KL (Key Level) at 2650 and if broken, we could very easily revisit 2600s (2604.700) to be exact. Overall we will be looking for ...

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GBPJPY . Potential long opportunity. Yesterday we have called buys during Asian Session . We are now waiting on a clear break of our KL (Key Level) 198.360 for potential buys . We are still extremely bullish on GBPJPY . Our main target now is to break 199.800 which would confirm our continuation buys. BoJ (Bank of Japan) still can’t risk to raise...

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Here is our signal on XAUUSD . Potential long opportunity. As per our last mind, we promised a signal for XAUUSD for everyone. In detail, As price on XAUUSD has made the 50% correction we were scalping yesterday, we now had a pullback and possible continuations to the upside with DXY still correcting from the sudden surge. New H4 should be bullish as...

FxPocket Updated 

Here is our overall view on GBPJPY . After GBPJPY has made a pullback down to our PBA 1 (Pullback Area) , we are seeing more upside on the chart. At this moment we are still extremely bullish on GBPJPY. We are anticipating buys if we break above 199.180 . On the other hand, if we break 197.540 we could go back to our PBA 1 and if we break below,...