GBPUSD is potentially creating rejection and reverse to continue its bullish movement. Therefore, I am not suggesting you try doing counter trading by opening selling/short position. I am seeing GBPUSD might have short term pullback to 1.236-1.237 with target price 1.263 and stop loss at 1.226 After slow 2nd half of the week due to many holidays, we should expect...
BTCUSD should wait for potential breakout to continue its rally at 31200 USD. BTC is forming ascending triangle pattern after bullish primary movement. We should wait BTC to break the resistance at 28.888 USD and expect to continue move higher with target price 31.200 USD.
XAUUSD pulls back to the support area before going to continue its bullish trend. After relatively slow movement in the second half of the week due to holiday, I am expecting gold to have limited downside movement in the upcoming weeks before finding its support and continue to go higher. Trader should look at 1990-1995 area as buy area after having confirmed...
NZDUSD is potentially creating rejection and reverse to continue its bullish movement. Therefore, I am not suggesting you try doing counter trading by opening selling/short position. At the moment, NZDUSD is weaving in its support with rejection happen due to the Nonfarm Payrolls news. The overall market has been muted due to easter holidays this week and we...
NZDUSD is in bullish movement in its 4H timeframe. In upcoming weeks movement, we are monitoring NZDUSD for a buying opportunity around 0.622 zone given that the chart showed it is a bullish movement (HP- HT- HP-HT). if the rejection is confirmed, I would set 0.635 as the final target price and stop loss in 0.6178. Happy Profit!
XAUUSD is forming symmetrical triangle pattern. Trader should wait the confirmation whether XAUUSD will break the resistance or support. Trader should look closely on the resistance and take long position with target price 2.040. Alternatively, if gold breaks the trendline support, XAUUSD can go to 1888. We will give some updates in the upcoming weeks! Happy profit!
AUDUSD is having bullish confirmation after having HP-HT-HP-HT in 4H timeframe. Therefore, I am not suggesting you try doing counter trading by opening selling/short position. I am seeing AUDUSD might have short term pullback to the 0.673 (which can be good area to open buy/long position) before continue reaching 0.68325 (1.618 Fibonacci retracement). Given...
AUDUSD is in sideways movement between 0.6755 and 0.657. in its 4H timeframe, there is bearish divergence. There will be 2 scenarios in AUDUSD. 1. AUDUSD will continue to reach its downside movement at 0.658 and potentially continue its bearish movement. 2. AUDUSD will move to its trendline support at 0.666 and reverse to long position with target price at...
USDJPY has turned from bearish to bullish in its 1H timeframe. At the moment, USDJPY is following its parallel channeling. We should take the opportunity to trade within the range. At the same time, we are seeing bearish divergence in the 1H timeframe. But we will suggest for traders to open long position align with the parallel channeling trendline or when...
There is limited downside for USDCAD to meet with its trendline and combined with Fibonacci. 0.618 at 1.34925. Trader should wait for rejection movement in that range and find the reversal confirmation in the smaller time frame.
NZDUSD met with its support on the trendline again and sideway movement happened which might be a sign of reversal. Would open long position NZDUSD with 0.62 with stop loss 0.6175 and target price at 0.62975. Good luck!
EURJPY might hit the resistance within 12 hours' time. We should wait and see and look at the indication if there is any bearish divergence, then we can consider open short position for EURJPY. The target price will be around the green area. (Using Fibonacci retracement) Will update with the trading plan later. Thank you. Good luck!
NZDCAD got rejection in its parallel channeling TRADINGPLAN NZDCAD POSISI : Buy PRICE : 0.8472 SL : 0.8446 TP 1 : 0.8576
AUDCAD met with its support on its parallel channeling. we are seeing upside potential with the mentioned target price and stop loss. Position : Buy AUDCAD 1H PRICE : 0.9123 SL : 0.91000 TP 1 : 0.9188 TP 2 : 0.923 TP 3 : 0.09259 Good luck!
I am seeing bearish divergence for GBPAUD 4H timeframe. I am shorting at 1.835 with stop loss at 1.843
NZDJPY met with its resistance and having multiple rejections. Opening short position at 82.45 with stop loss 82.7 and profit taking at 81.1
Speculative BUY for NZDUSD since the current price met with the trend line on its bullish parallel channel. The price is also hovering in their 0.618 fibonacci retracement from the latest swing.
I am seeing XAUUSD have upside potential to 2030 and breaking the previous high. The movement finishes the ABCD and still having bullish movement and also mark 1.272 fibonacci retracement from the latest swing