I spotted a buy opportunity on EURAUD I believe the price will find support at current exchange rate 1.60789 which will be my entrance price. I believe the price will start to increase aiming to reach the 1.61763 as a resistance level but it will breakthrough and continue to rise till it reaches 1.64000. My entrance will be @1.60789 Stop Loss@1.60129 Take...
Here is another idea on NZDJPY where we predict a Sell opportunity which is clear on a 4hr timeframe. As you know on our previous idea we shared Buy opportunity ideas on this pair which we spotted on our small time frame(30min) chart, those idea still go according our analysis as we expected to continue to grow till they reach the target of 73.897. On our new idea...
This is an update of my previous idea on short term buy opportunity I think I spotted on NZDJPY 30min chart. As we can see that the price didn't find support at 73.307 as we suggest on our previous analysis. It continued to fall a little bit and find it's new support at 73.167. Now I believe it will rise from that level till it reach a resistance level at 73.358...
I see an opportunity of going long on NZDJPY which is much clear on 30min timeframe. The price is currently trading at 73.307 which will be my entrance price. Then I'll set my stop loss at 73.072 and my target at 73.897. please note that is just an idea which may go as expected or the opposite way sometimes. Please share your opinions on this analysis.