Here is what i think might happen with the GBP/JPY pair over the coming week. I think we will see a drop in price where it will enter the buy zone I have drawn out with a large move up to the resistance line @144.740 the reason for this is looking at the daily there has been a massive move down in the past so i think we could be seeing a move back up to this area.
I have spotted that this pair is at a support that has been tested a few times, i think looking at the RSI on the daily which is at 35 and the EMA which is far from price these are both indications that price could move up. i am just waiting for a confirmation to enter i have placed a marker as to where i think price will move i have set a 150 pip SL with a 293...
Price has continued to move up at the start of this week. I drew a Red dotted line at 1.38056 this is to indicate a potential resistance line but not a strong one. It looks like price is going to test and then move down could be a good entry point going to set some creds for this pair. RSI is at 82 and the EMA is far from price so there is going to be a drop over...
As i can see on this pair price made a move down towards the support @72.322 it slightly broke this point and move down to the blue line @71.997 and this is where i have place a buy limit order so if price makes a move down again which i think it may do i will get an entry on this pair. i have set a 50 pip SL to giving price a bit of room to breathe.
I think that on this pair this week there is going to be a test of the support zone @0.62744. I think that because the RSI is low at 26 and the EMA is far from price these are 2 indications that there will be a move up. Before entering this trade I will be waiting for the entry. Price could potentially move down to the small blue support i have drawn at 0.62002 so...
Looking at this pair price is at a support level. I think that price is going to move up to the Blue trendline I have drawn, so over the next few days I will be looking for entries on this pair. The RSI is low at 32 on the daily and the EMA is close to price. I will be Looking for a test and breakout of that EMA as a confirmation for entry.
I have found this in the market on the 1 hour timeframe looks like a flag or pennant formation so I have published this as a bullish trend Lets see how this plays out
I have done some analysis on the Eur/Jpy pair, looking at this I think that the price action will head down towards the support zone at 122.3880 it will test this zone and then head back up towards the trend line. Once the price action has hit the trend Here is where I will be looking to enter the trade as a long term sell. An entry point at around 123.2465, SL...
I've done some analysis on EUR/USD any advice is welcome via the comments or via the chat, I think that this is going to be a sell trade but with the view to catching a few pips as a buy as well. To start this one off the price action is currently at 1.11581, as it is the weekend and trading will commence again on Sunday at 10pm I think that the Price action...
I have done some analysis on GBP/USD I think that long term it is a sell trade but if you're looking at getting a few pips then It might be worth putting a buy trade on I'll put more info below on if you're wanting to buy From looking at the chart I think that the price action will continue on a bearish trend until it hits the support zone which it will test and...
I am new to trading & any advice or feedback is welcome via comments or in the chat. Looking for opportunities to learn new information & techniques. I have done some analysis on the USD/JPY . The analysis has been done on the on the 1 day chart The price has just touched the trendline now I will be going short on this pair when the market open on Monday, as...
As you cab see from this pair it has made retrace back to the trendline, at the moment price is going down I wont be entering the trade now. I'll be looking for another higher low to form and head back to the trendline. I will be watching the pair and waiting to see this to form if it doesn't then the trade will be not be on. If it touches the trendline after...
Here we some have analysis on the pair NZD/CAD on the 4hr. I am going short on this when I see the opportunity at the moment it is going down but I feel that shortly it will start an ascent upwards. you could buy in as a short term buy when it bounces off one of the supports. Looking at the chart when the price action reaches 0.89464 (Yellow Zone) this could be a...
I am new to trading & any advice or feedback is welcome via comments or in the chat. Looking for opportunities to learn new information & techniques. I have done some analysis on the USD/CAD. The analysis has been done on the 1 hour candlestick chart with the trendline being drawn on the 4hr and I will be keeping an eye on this pair. I think that the price...
I am new to trading, any feedback or advice is welcome via the comments or chat. The analysis has been done on NZD/GBP, I have drawn my trendline from the 4hr chart and plotted my support and resistance zones on the 1hr chart. I think that the price will make a retrace back to the trendline @ around 0.5230 range at this point then I will be looking for a entry...
I am new to trading and recently started to publish my analysis. Any advice or feedback is welcome via comments or in the chat. Looking for opportunities to learn new information & techniques. I have done some analysis on the GBP/CAD . The analysis has been done on the 1 hour candlestick chart with the trendline being drawn on the 4hr and I will be keeping an...
I am new to trading and recently started to publish my analysis. Any advice or feedback is welcome via comments or in the chat. Looking for opportunities to learn new information & techniques. I have done some analysis on the GBP/AUD . The analysis has been done on the 1 hour candlestick chart and I will be keeping an eye on this pair. This is a Bullish trend,...
I am new to trading and recently started to publish my analysis. Any advice or feedback is welcome via comments or in the chat. Looking for opportunities to learn new information & techniques. I have done some analysis on the GBP/USD. The analysis has been done on the 4 hour candlestick chart. I think that it is a Bullish trend, but at the moment it has just...