YGForex

YGForex

In my previous analysis, we managed to enter a perfect trade. We managed to enter at the top and sell at the top if follow according to this plan. If you have yet to check out of my previous analysis, do check it out as this will be a continuation. As I mentioned, gold will potentially see a rejection off 1895+ price level as there is a strong resistance line...

YGForex

After days of consolidation, today's candle has clearly show us that EURJPY resistance is holding strongly without any form of breakout to the upside. Instead, today's candle show us a shooting star candlestick pattern. We can see a possible BEARISH retracement to 61.8% - 78.6% fib level. There is also a strong support at 124.72 price level which will be where...

YGForex

As we can see, 161.8% level for CADJPY was achieved with further movement to the upside. However, we can see that 81.46 resistance is holding strongly with price level failing to break this level. This could possibly show a weakening bullish strength and the climb to 261.8% level might not occur from here. Instead, I will be seeing a bearish retracement back to...

YGForex

Will be looking at H1 chart for EURNZD. As we can see EURNZD, price level managed to retest the support level at 1.7147 price level after price move above this level. As we can see, this level a strong support level for EURNZD. I will b expecting a movement towards the resistance zone as identified in my chart (Red area). There will be a resistance level @1.7350....

YGForex

Today, we managed to see price level near 61.8 fib level without any form of breakout from 1830 support level. I am starting to see a nice BULLISH opportunity back to the consolidation level (Range from 1860 to 1930). As of now, I will be expecting a BULLISH movement to 1895 price level before further moevement. Kindly hit the LIKE Button if you agree with my...

YGForex

I will be looking at the H1 chart for this analysis. As we can see, price level broke through 1.7873 support level with current price near another support level @1.7712. This is also a 2.618 fib level for GBPAUD which we should be looking out for potential BULLISH retracement before further movement. I will be targeting 1.618 fib level for a possible retracement...

YGForex

From my chart, we can see that that price is currently at a resistance level @81.50 price level without any form of clean breakout to the BULLISH side. As of now, I am leaning towards seeing a potential rejection from here. Crucial to see a nice BEARISH candle tomorrow to confirm our stance of a potential fakeout from 1.618 fib level as well. I will be seeing a...

YGForex

Looking at the fib lines drawn, we managed to see a nice rejection from 2.618 and 3.618 fib level. As we can see, price level is currently trading near a resistance level @73.35. I will be expecting a bigger movement incoming as today's candle seem like it is testing the resistance level before further movement. I potentially see a good risk to reward for this...

YGForex

If we look at the fib line I drawn, we can see that BULLISH movement hitting 1.618 fib level have already occurred. Currently, price level is below 1.0 fib level and we start to see potential rejection occurring for further BEARISH movement. If we look at ichi cloud, we can see that price is moving towards the cloud which could give EURCAD a BEARISH rejection...

YGForex

Looking at EURGBP, I will be expecting a BEARISH movement occurring soon from this area. Previously, we managed to see several rejections off the resistance zone (red area). Looking at 2 diff fib level, we can see that the first retracement will be to the 0.5 fib level while the other shows a potential 1.68 fib retracement. There is also an area of support at that...

YGForex

This will be a short term trade opportunity. I will be expecting a short term retracement from GBPCAD minimally till the resistance level and will be looking to hold the position if price level breakout of that level. For now, I see a good retracement opportunity till 50.0 fib level. Kindly hit the LIKE Button if you agree with my analysis and feel free to...

YGForex

There will be 2 Fib Level which I have drawn. Looking at the red fib lines, we can see that potential retracement can happen for EURUSD at this level. There is also a support level @1.2015 which I will expect a retest at that level before further movement. If we refer to the blue fib lines, we can see that the 61.8 fib level is definitely a potential target for us...

YGForex

From our previous analysis, we managed to successfully analyse a BULLISH movement to this trend support line. This will be a follow up from my previous analysis. Interestingly, we managed to see a 38.2 fib level retracement and with price currently retesting this level trend support level once again. As of now, BULLISH strength seems like it is dying off....

YGForex

Looking at yesterday's candle, we can see that price rejected off 1.618 fib level where there is also an area of resistance at 126.53 price level. I will be expecting a short opportunity till 124.72 support level (also 78.6 fib level). An area to watch out for will be 1 Fib Level. We should be looking out for a clean BEARISH movement when price reaches that level....

YGForex

As mentioned months back, the trend of gold is already broken and it is always important to adapt quickly when trading with gold. We managed to catch the BEARISH breakout and today's candle perfectly test 61.8 fib level, also a resistance level @1829. Definitely, there are 2 outcomes we are seeing now: BEARISH movement form 1861 or BEARISH movement from here. As...

YGForex

This is a follow up on our previous analysis. From our previous analysis, we managed to sell from the top with a perfect profit. As of now, I am seeing price heading to 61.8 fib level. This will be an interesting level to see a BULLISH retracement after the fall. I will expect to see a retracement movement till 38.2 fib level as of now. If we see a clean rejection...

YGForex

From our previous analysis, we expected a 80.40 BEARISH movement before potentially seeing 61.8 fib level BEARISH movement. After this analysis, we managed to see CADJPY retesting 80.40 resistance level and what we managed to see is a clean rejection to the downside. I will be expecting price level of CADJPY to move to the 50.0 fib level minimally and potential...

YGForex

We managed to see some consolidation movement from EURAUD recently. I will not see a breakout of this support @1.6170 as of now. In fact, I see EURAUD potentially retesting the trend support it previously broken. From there, we can determine if EURAUD will be moving back in trend. As of now, a long position from here till the trend support (which is also 38.2 fib...