Hello Traders ! This is the USDJPY Technical Viewpoint in The Long Term . After these significant changes since the beginning of the year, the JPY has lost 25% versus the USD YTD. We anticipate that this bullish trend will resume for a few more months after the market breaks above the 144.80 Resistance level, as shown in the chart. Risk Warning: Trading...
Hello Traders ! This is the EURUSD Technical Viewpoint in The Long Term . Following the most recent corrective move we experienced at the beginning of this month, we see the price rejecting a significant region of supply that is now serving as a resistance level at 0.9980. We anticipate a further decline as we fell back below the 0.9880 support zone. Risk...
Hello Traders ! This is the EURUSD Technical Viewpoint in The Short Term . Following the recent sell-off that we previously discussed in the EU, which was aimed at the historical monthly support at the 0.9600 Area, we have just switched from a bearish to a bullish short-term structure that will move upward to the resistance zone between 0.9900 and 0.9800. ...
Hello Traders ! This is the EURUSD Technical Viewpoint in The Long Term . Following this bullish correction, we face a resistance level at 1.0120, and we anticipate some rejections before the EU sell-off , as technical and fundamental indicators indicate that the EURUSD will continue to fall in the coming days. Risk Warning : Trading Derivatives carries a...
Hello Traders ! This is the EURUSD Technical Viewpoint in The Short Term . From the present level to the resistance zone shown in the above chart, EU is going in a buy direction; as a result, we may witness a strong rejection when the price reaches the downtrend. Risk Warning: Trading Derivatives carries a high level of risk to your capital and you should only...
Hello Traders ! This is the GBPUSD Technical Viewpoint in The Short Term . GU is moving in a buy direction from the current level to the resistance region indicated in the above chart. Risk Warning: Trading Derivatives carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Derivatives may not be...
Hello Traders ! This is the USDJPY Technical Viewpoint in The Short Term . We anticipate a reversal from the Resistance area that UJ is currently facing, which has been tested numerous times, to reach the Support mentioned above around 135.20. Risk Warning : Trading Derivatives carries a high level of risk to your capital and you should only trade with money...
Hello Traders ! This is a Technical view on EURUSD. We're looking to taking a Short Position on EU in the next few hours. For the following reasons: After the Rally we had seen last Month of May 2022, The Market found a Historical Resistance at 1.0780 and rejected to the down side, creating an equal support at 1.0650 and bounced back to the upside a little bit...
Hello Traders ! This is a technical view on USDJPY , we're looking to taking a long position on UJ in the next few hours. For the following reasons: After the fall in the demand area between 127.00 & 126.50. Also, this UJ Market is turning quite bullish in the short term. This move would happen in the next few days when the 127.50 tested its support zone to...
Hello Traders ! This is a technical view on EURJPY , we're looking to taking a long position on EJ in the next few hours. For the following reasons: After the last big rally on EJ, the price was stuck in between levels: 134.00 Support & 140.00 Resistance, then we saw a fake break down at 134.00 Support as is shown in the Weekly Time-frame. It's close with that...
Hello Traders ! This is a technical view on XAUUSD, we're looking for taking a short position for next coming days; We've a bearish trend on all time frames, as daily having a bearish price action, following with this current consolidation, for the last move we had seen that the price rejected from the Monthly Resistance at 1770.89, and testing the 1750.00 support...
Hello Traders ! This is a technical view on XAUUSD, we're looking for taking a short position for next coming days; We've a bearish trend on all time frames, as daily having a bearish price action, following with this current correction facing a Monthly Resistance at 1760.00 level, we're expecting a continuation to downside hitting lower levels of support at...
Hello Traders ! This is a technical view on EURJPY, we're looking for taking a long positions on EJ next days; for the following reasons: We've a bullish trend with currently doing a correction that taking 4 months, and the last month the candle before closed it rejected from 128.00 support level since March 21, Now we're in the same levels of support that looks...
Hello Traders ! This is a technical view on EURJPY , we're looking for taking a long positions on EJ next days; for the following reasons: We've a bullish trend with currently doing a correction that taking 4 months, and the last month the candle before closed it rejected from 128.00 support level since March 21, Now we're in the same levels of support that looks...
Hello Traders ! This is a technical view on XAUUSD for coming days, we've broken an up channel, with retested it for multiple times and failed to breakout, that is a resistance area at 1795.00. Recently in 4H T-F, we've a bearish move with a consolidation channel during the move, therefore we expect a continuation to the support area at 1760.00, (June 2021...
Hello Traders ! This is a technical view on EURJPY pair for coming hours, The pair is trading now in the resistance area 130.42, we're waiting for a proper entry to go to the downside, for retesting the support at 129.65. Before the continuation to the upside. TRADE CAUTIOUSLY..
Hello Traders ! This is a technical view on EURUSD pair for coming days, After the pair hit the high of the up channel, we had seen a correction to the support at 1.1840, that we're in now.. We expect the market continuing his last move to the highest level since Jun 2021 at 1.1970 before fall to lower levels. TRADE CAUTIOUSLY..
Hello Traders ! This is a technical view on GBPJPY pair for coming days, the pair is trading now in the resistance area 151.500, and retesting it many times as also the line that's broke middle of August 2021. We're waiting for a proper entry to go to the downside, to complete the last move to the historical Monthly Support 148.500, since Jul 2021... TRADE CAUTIOUSLY..