Dear Traders and Followers, This is a Intraday idea which leads short continuation on audusd. and onething should keep in mind that price is near to demand zone. In a longer Term possibility to long. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing...
Dear traders and follwers, As we are seeing usdjpy may be in shark pattern if price takes action according to my idea. If we notice on yen its not strong. Retracement happen only because of downfall in US Retail Sales. lets see what happend... Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your...
Dear Traders and Followers, As per the current scenario eurusd will go Short for long term and but first around 30-40 pips rise up after opening on monday. so trader lets see what happend according to the technical point of view. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own...
Hey Guys, The pair heads its way towards the north with a strong bullish engulfing candle inside the channel reverses the downside risk. Softer AU CPI adds to softer commodity export prices and weighs on AUD,limiting any rebounds.RBA policy remaining on hold for a prolonged period is also underscored by low core inflation.Recent CAD weakness may turn as Trump’s...
Hey Guys, The pair is currently in the strong move towards the north. The pair posted a 18 months low and reversed the surge towards north.It also broke the 18 months trend line that released the downside pressure the pair was facing.Due to the political uncertainty and the French Election that supported the Euro was the major reason behind the break of the 18...
Hey Guys, If you reviewed my previous ideas by know you know the correlation in the pairs.As you know we are looking for a breakout on the way up in AUDUSD and we know that the kiwi is going to be strong in the coming days. Technical the pair has completed its move southwards and is headed north so i'm looking for continuation patterns to enter every time they...
Dear Trader and followers usdchf price is under consolidation area that is why we have to take a cautious action. Trade only at breakout will be most beneficial because dollar index facing many problem. if break this level of 1.0028 then go long to the price of 1.0102. Note: Everything works with Best money management. Note: Please leave comments for any...
hey guys This is the hottest pair in market as its average true range is around 150-200 pips a day.One of our member wanted us to analyze this pair & here we are. The pair is having a bearish divergence probably looking for a downside if some continuation is seen we would definitely sell this pair unless we see some upward momentum or visa versa.if the pair retest...
Hey guys, AUD/USD is marginally higher on Friday, still headed toward the third weekly decline in a row. The pair bottomed at 0.7367 before the release of the NFP report and then bounced to the upside. The recovery was capped below 0.7420.The pair is trading at 0.7410/15, 75 pips below the level it closed a week ago. The Aussie is about to post the lowest weekly...
Dear Traders, According to the current scenario, Seller have taken control over audusd pair after uptrend line broken and possibilty to lead the price towards 0.7228. If price reaches that level(0.7228) then Bullish bat will activate and take long entry to the price of 0.7450 from current price. There will be some retracement happen during this downfall. long...
Hey guys, A massive move southwards started on Friday evening as the dollar started to weaken with no clear direction.The pair has now completed its double correction & is headed towards the next support area where a break below would indicated further downside.If you guys missed the entry from the top the pair will give you another chance to enter so try entering...
hey guys, ~ I'm Anticipating A Wave southwards Due To The Price Action Of Last Week . ~ The Pair Made A Strong Impulse Followed By The Correction & These Strong bearish Impulse Can Be Traced on the Chart Indicating A Strong bearish Momentum. ~ The Price Broke The Trend Line or the rising wedge And The Middle Band Of The Bollinger. ~ As Of The Now The Pair can...
Dear Traders and follower, As we are seeing price of audusd in bearish channel and ahead will be in it. there will be a retracement after opening of market on monday. Price b/w 0.7530 - 0.7520 will be a continuation for short if channel is not broken. Go short to price of .07390. .07340. Note: Everything works with Best money management. Note: Please leave...
Hey Guys, The Cable likely to extend its bullish momentum on GDP figures.It has been rising from Mid March & soon you guys will see an exhaustion on this pair make sure we are ready to grab valuable pips.The pair major continued scaling higher and refreshed multi-month highs. Spot prices held above the 1.2900 handle as traders now look forward to the first...
hey guys just a general idea on the oil price, this week we found out that the oil prices are falling which is bad for the Canadian dollar. Canada ranks 1st in the production of oil. So this might weak the Canadian dollar for a Micro trend which is now heading north. Hopefully i think you guys caught the big move last week on the USD/CAD as it was shown on my...
Dear Traders and followers, There is an expectation that usdjpy price will react as per my idea. Most important price is 107.80, it should not break if happen so then structure will change. There is an expectation that Dxy price will approach double top or may break that level. Note: Everything works with Best money management. Note: Please leave comments for any...
Dear Traders and followers As we are observing that price of usdjpy is reaching in resistance area (b/w 112.20-112.80). so there is a possibilty of retracement to the price of 110.55, 110.05. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing forex Team
Hey Guys, The pair is currently trading higher with a gap towards the south that may be the major risk factor in the coming weeks.The question is will it fill the gap or it will just continue to rise ?.After a continuation pattern the pair posted some modest gains and is headed towards north.Moreover the French election would be a boast to the Euro or it can be...