In a bearish setup for EUR/JPY, with stop losses at 50 and 100 pips and targeting the next low, here's how the trade would work: Trade Setup (Bearish Trend): Entry: You are expecting the market to go lower, meaning you are selling EUR/JPY. You might enter after observing price action that indicates a downtrend (e.g., a bearish candlestick pattern, a break of...
In a bearish trade setup on GBP/JPY with a 150-pip profit target and a 50-pip stop loss, you’re aiming for a reward-to-risk ratio of 3:1. This means that for every 50 pips you risk, you’re potentially gaining 150 pips, which is a favorable setup. Here’s a detailed breakdown of this trade idea: 1. Setting the Profit Target (150 Pips) A 150-pip profit target...
When you're taking a trade on EUR/AUD with a 150-pip profit target and a 40-pip stop loss, you're aiming for a trade setup that has a reward-to-risk ratio of 3.75:1. This means for every pip you risk (40 pips), you're potentially earning 3.75 times that amount (150 pips). Here's a breakdown of the thought process: 1. Setting the Profit Target (150 Pips) The...
When you anticipate that NZD/JPY will go down by 50 pips and are referencing a bat pattern, you're combining both price movement and technical analysis (specifically, harmonic trading patterns) in your forecast. 1. 50-Pip Bearish Movement You are expecting that the New Zealand Dollar (NZD) will weaken against the Japanese Yen (JPY), and the exchange rate will...
If USD/JPY moves up by 100 pips, it means the value of the U.S. dollar has strengthened relative to the Japanese yen. In the foreign exchange market, a pip is the smallest price move that can be observed in a currency pair. For USD/JPY, one pip is equal to 0.01 in the exchange rate. For example: If the current USD/JPY exchange rate is 149.00, and it rises by...
The EUR/NZD currency pair has exhibited some bullish trends recently, but for a comprehensive bullish analysis, it’s important to consider multiple factors, such as technical analysis, macroeconomic fundamentals, and market sentiment. Here's an overview of what typically drives a bullish case for EUR/NZD: 1. Technical Analysis Uptrend Continuation: If EUR/NZD...
If you're looking at a bullish scenario for the EUR/AUD pair with a target of 120 pips, it's important to consider the current technical and fundamental factors driving the pair. Here's a broad analysis: 1. Technical Analysis: Support and Resistance Levels: Identify key support and resistance levels. If EUR/AUD has broken through a significant resistance, it...
A bearish outlook for GBP/USD indicates a declining trend, suggesting that the British pound is expected to weaken against the US dollar. Factors contributing to this bearish sentiment might include: Weak UK economic data: Sluggish GDP growth, declining industrial output, or disappointing retail sales figures can signal economic weakness. Monetary policy...
conomic Indicators: Look for strong economic data from Australia, such as employment figures, GDP growth, and trade balance, which could strengthen the Aussie dollar. Interest Rates: If the Reserve Bank of Australia is expected to raise interest rates or maintain a hawkish stance compared to the Federal Reserve, this could support a bullish outlook for...
GBPCHF looking bullish duee to the, and nicee pullback. Watch out for th pullbacks
GBPJPY looking bearish, watch out for pull backs, The british pound is looking beearish, u can seee by the economy
LETS SEE IF IT HiTS, usdchf looking bullish but lets see if the pullback will take me out
AUDNZD Looking really good and ready to go low, BEcareful of pullbacks whiles u enter
Lkking for a quick short move for 60pips with a 25pip stop at the high
Eurnzd has been going up for a while and now its getting ready for a bearish hit, we have a 25pip stop at the high
Looking at a bullish pattern, try to get in early it might take off at anytime now
Watchout nzdchf can move at anytime, it may move during asian session
Looks like a good move short might move at anytime now,