Rayyan_2805

Rayyan_2805 Updated 

Possible long for NZDUSD. Price has remained beneath both the 200 EMA and the 50 EMA indicating a strong short bias. Price has also been following a parallel trend for the past couple of weeks and has recently hit the trend line channel resistance, also indicating a short bias. Price has also been recently rejected by a local resistance line. FX:NZDUSD

Rayyan_2805

Possible short for EURUSD. Price is still moving below both the 200 EMA and the 50 EMA indicating another short bias. The price has also been recently rejected at a local resistance zone and is heading towards a local support zone. Price action has played a big part within this trade. FX:EURUSD

Rayyan_2805

Possible short for GBPUSD. Price has successfully completed a pullback to the trend line channel after the break out from last week. This could indicate a short bias. Price has also been recently rejected by a strong resistance line, also indicating the movement to the downside. FX:GBPUSD

Rayyan_2805

Possible long for USDCAD. Price has been moving above the 200 EMA and the 50 EMA for the last few months and has stayed with an ascending trend line channel, indicating a long bias overall. Price has also recently been in a parallel trend line channel for the past few weeks and I am predicting that It will continue to go on and create another swing high/higher...

Rayyan_2805 Updated 

Possible long position for GBPJPY. I predicted exactly where the price would hit the local support line and bounce back up, we will now take this conformation and use it to Buy GBPJPY to the next local resistance line, and after that we may take it to a stronger resistance line. Keep an eye out for updates as I will be following this pair closely. FX:GBPJPY

Rayyan_2805 Updated 

Possible short position for EURUSD. Price has been clearly moving below both the 200 EMA and the 50 EMA in a smooth downward trend. Price has also been rejected at a local support turned resistance line, indicating a short bias. Tiny stop loss of around 15 pips has been set with an optimistic Take profit of around 100 pips, good Risk to Reward ratio. Keep an eye...

Rayyan_2805 Updated 

Possible long position available for NZDUSD. I have been away for. a while but as soon as I jumped on a couple of days ago, I had already predicted and drawn that parallel channel before the last 3 daily candles came out. We can see a strong push to a strong support zone which could indicate that a reversal will be occurring. I have set a tiny stop loss of 17 pips...

Rayyan_2805

Possible short position for EURCHF. Price is currently moving below both the 50 and 200 EMA , thus indicating a short bias. Price is currently in a huge downtrend spanning for the past few months as you can see with the trend line channel. I have put in a risky short position with a 35 pip stop loss to compensate for the already occurring downtrend so we can...

Rayyan_2805

Awaiting conformation for GBPJPY. Price is currently turning into a strong push towards a fairly strong support zone. This could indicate that a reversal is happening. However, we should wait for conformation as the price could break the local support zone and head to the downside, hence the red arrow. Price is also currently running below both the 50 EMA and 200...

Rayyan_2805 Updated 

Possible short position for CADJPY. Price is moving below 200 and 50 EMA indicating a short bias. Price has also hit trend line resistance for the third time validating the trade and also has broken a local support zone meaning it could go down and push towards the next support. Small stop loss of 30 pips with around 130 pips for take profit. FX:CADJPY

Rayyan_2805 Updated 

Possible big sell move incoming for EURJPY. We're seeing a very strong move to the top of the trend line channel which could possibly mean a strong reversal is coming. We should wait for conformation to enter the trade, if the candle closes above the resistance line then we can enter buys, if not then this set up could bring in a lot of pips. Keep an eye out as...

Rayyan_2805 Updated 

Possible short incoming for EURUSD. Price has remained below both 200 and 50 EMA indicating a short bias. Price has also just reached a resistance line that I had marked on last week, and it looks like it has been rejected so far. We have here a great set up and a tiny stop loss of around 24 pips and take profit of about 130. This makes for an amazing risk:reward...

Rayyan_2805 Updated 

Possible long position for USDJPY. Price has been moving above both the 200 and 50 EMA indicating a long bias. Price has also broken a local resistance zone so could be going up. Tiny stop loss of around 17 pips and a 100 pip take profit, good risk:reward.

Rayyan_2805 Updated 

Possible long for GBPUSD. A lot has gone into this one. Ill start off with the inverse head & shoulders, marked out with the fat green arrows, we can see that this has occurred and could indicate a long bias. We can see that the upper trend line has been touched at least 3 times therefore validating this trade and we can also see that the time in between each...

Rayyan_2805 Updated 

Possible set up for GPJPY. I'm seeing a good trend line channel and seeing price move above the. 200 and 50 EMA giving a long bias for now. Price looks like its moving towards a strong resistance zone and I am going to wait until it has reached this zone in order to place a trade. If price breaks zone then I will enter a long if it is rejected then I will enter a short.

Rayyan_2805 Updated 

Possible short for AUDUSD. The price has been respecting this trend channel for the last few weeks and we should see further continuation of the trend towards the next minor support within the channel. Due to the incoming strength from fundamentals I am expecting the Aussie dollar to gain significant strength thats why I'm predicting this price to go up after...

Rayyan_2805 Updated 

Possible set up for GOLD once again. Gold loves following a nice trend, after we've successfully predicted the movement of GOLD 3 times before, I can safely say this one is looking good once again. Just following the trend line and using basic price action with support and resistance zones. Keep an eye out for updates as it could go wrong! FOREXCOM:XAUUSD

Rayyan_2805

Possible short position incoming. I correctly predicted price to go up towards the local resistance line, this move has now been completed and price is heading back down again in accordance with the trend line channel. Price has also stayed underneath both the 200 and 50 EMA indicating a short bias. There is a short stop loss with a nice risk reward ratio. Keep an...