📉📣Short GBPCAD, Intraday, Swing Trade Direction for next 2 days. Key Level 1 (1st TP): 1.6609 - Intraday TP level Key Level 2: (2nd TP) 1.6557 Stop Loss: 1.6651 Short Entry Level: 1.6624 to 1.6640 8-hour chart: Lower Low and Lower High, MACD has double Green Hill already, may completed a A-B-C retracement and carry on the trend now.
EUR/AUD TECHNICAL ANALYSIS, Long, Swing Trade 📣EUR/AUD fell to multi-month lows in late September but started to rebound soon after. The negative market sentiment due to heightened geopolitical tensions in the Middle East reinforced the pair’s recovery, pushing prices towards the 50-day exponential moving average and the 50% Fibonacci retracement of the...
1. Long entry near the Demand Zone. 2. After breakout of trend (Resistance) Line.
CHF strength is very bullish in daily chart. CHFJPY 8H chart, the previous top to be broken and go to the extension target 168.2
📣💹Trading Plan 1-2-3: Chart Symbol: HK50 Direction: Neutral Idea: No trading plan until it breaks out the range from 17600 to 17900
JPY has a reversal to Strong side in Asian morning today, so most of JPY pairs will drop as well. From our screener, CHFJPY has the best momentum to downside and here is the trading plan as shown in the chart for intraday strategy. Moreover, Both MA in our Trend indicator shows Pink colors, it is in downtrend right now. Normal, if the price touch the thinner MA,...
📣📈 Recently news about NZD: The New Zealand central central bank held benchmark rates at a 15-year high, as expected. However, the accompanying statement was less hawkish than anticipated. The RBNZ stated that policy needs to remain restrictive to ensure inflation returns to its 1%-3% target, echoing the global higher-for-longer narrative. However, it stopped...
NAS100USD has been Ranging between 15538 and 14556 since 18 Aug 2023. Here is our trading plan. 📣📈💹 Possible Path 1: To Upside A Higher Low forms above the bottom of the Demand Zone (14826) , then attach the Supply Zone and Trend Line again. Idea: 1. Long Entry when a Low formed above 14826. 2. Target to 15352 (Bottom of the Supply Zone). 3. Stop Loss below the...
📣💹Trading Plan 1-2-3: Chart Symbol: GBPNZD Direction: Long. Idea: Long Entry. Execution: Wait a Pullback near "Key Level" marked 2.0473 in 15 mins chart. Stop Loss : 2.0443 Target : Next Key Level ahead: 2.0510 / 2.0531
1. The GBPCAD currency pair is currently reversing its oversold conditions. In the upcoming week, GBPCAD is expected to continue its short-term rebound, with a focus on the release of Canada's monthly labor market statistics. It has potential for consolidation in the next five days due to oversold conditions on the daily chart. According to Shaun Osborne, an FX...
First target at 50% fib level (0.6037) of the weekly chart since CHF goes to strong side very obviously today.
Moreover, CADCHF goes down the the Demand Zone as shown. Good Luck!
Moreover, NZD is the weakest. So Long EURNZD with a cup and handle break out. We set the target at the Supply Zone as shown. NZD may turn strong at the first week of Jan 2022, thus by that week may arrived the target zone. Good luck!
While EUR strength is going to strong side, so Long EURCAD is a reasonable choice, we think the target to be the Supply Zone as shown, good luck!
So that USDCAD is the best to Long in CAD basket in Daily timeframe. USDCAD shows a head and shoulder or cup and handle break out what ever you call.
Pip window : 30 pips to resistance, Long for short term (within 5 days)
First Target 0.75570, then according to the Fib. levels above. Moreover, in our Forex Strength Meter, it is the highest strength value too. According to historical data, AUD will remain strongest position for 5 days or more.
Based on our GOLD basket strategy and the Signals from our indicators, here is a buy entry for intraday trading with TP1 USD $4 at 1767.5. With the candlestick pattern, it looks like a Flag breakout for long entry as well! DXY turned to weak side as well.