Fundamentally USD is weak due to poor Economic Data, US recorded higher unemployment rate and negative NFP. Technically the pair is on the Uptrend on H4. Make most of this setup
Fundamentally USD is weak due to disappointing economic indicators, poor NFP and higher unemployment.
The trade was revised and therefore the previous analysis are implemented now
A very strong buy at that level on both H4 and H1. However trade wisely because CAD is strong today
Geopolitically GBP is in crisis due to PM Boris being in ICU. Technically the GPBJPY is moving in a channel on H4. Selling is more ideal than buying
I do not see this price breaking above this level. At 16:00 I am expecting the price to fall. Trade wisely
Please be careful not to be spiked out. The price will start falling after the next 1hour candle. We are at a strong S/R on H1-H4. The main trend is downwards
Please use proper risk management. The current trend is downwards, I am going against it now because the price is retesting a strong S/R level
The price follows the same pattern, now is on the sell zone
USD is currently doing very well, however technical and significant price levels must be respected. Trade cautiously and move SL to BE after hitting TP1
JPY is weakening and CAD is gaining strength. Technical trend on H4 still respected. After TP1 move SL to BE
The price has reached the strong S/R on H4 to D1. I believe it will respect the market direction since the coronavirus is been declared pandemic. Please expect more swings in the market & trade cautiously
Technically the pair is on a strong S/R since it was on the upward trend, the correction is necessary up to the previous S/R. Fundamentally USD is strong due to strong Economic Data....
Gold crushed on Friday following the strong USD Economic Data (NFP and Employment Change), they came out positive. Technically it is also on a strong Sell zone. Therefore first thing Monday Morning short positions will be a way to go and hold until they hit TP.