Hello, Based on the daily chart, after 3 days of holding the price finally breached it with a strong candle between which becomes a new support. I will be looking for another buy opportunity on EUR but firstly I wanna see the sellers' performance ( pullback ) to the underlined zone. So, this is another pair in my watching list for the upcoming week. Entries will...
Hi, My idea on NZD/JPY: As I said in my previous analysis, this pair has more upside potential. However, I am not looking to resume the overall picture but for short-term targets instead ( for the time being ). I can see this downside move is pretty aggressive ( judging from the daily ) but I can also see the price having some problems with the current zone...
Hi, I am looking for trend resumption here. Daily chart shows huge buying pressure at this major support level. The pin bar from the last week looks scary but it didn't take the price much further and held at this broken line. I see this as an opportunity since it gives me a chance to place a SL below a line that holds and decent risk to reward ratio. Looking...
Good morning, I am looking to short USD/CAD today for quick targets around the recent support. We've got some aggressive pullback (daily) into this zone so this is one of the reasons of my short-term targets. From H1 perspective the candles look strong as well. More conservative approach to this trade - wait the price to show you that it is willing to hold at...
Hello, My idea on EUR/USD: I see a long opportunity setting up for the next week. Recent sell zone was broken, going through recent sellers' startign point. I am looking to buy this on the pull back based on H4 chart. First buy zone - around 1.2600. Second zone - around the recent support ( it depends on the movement ) Let's see how deep it goes.
Hi, Looking to short ETHUSD, as I saw it is just at resistance level. Furthermore, by the time it reaches its previous high it started having problems, getting some big retracements. I need to see the reaction of the price from 905.00 (if it goes there). The overall movement is slowing down. Slow approach towards daily resistance. Initial target 865.00. Main...
Hi, My idea on EUR/GBP: At first glance, when the price collapsed to this level with approximately 350 pips weekly candle, this looked like it will go further down. It collapsed right at its recent support and started holding around for such a long time. This means that this level is important. It could go lower but not yet I guess. So, now I see something...
Hi, My idea on AUD/USD: From my perspective this pair has more downside potential as I can see from the daily chart. It is just holding around the recent resistance, showing some selling pressure. I am waiting this H4 buyer to give up or to make sure he cannot go above this high. The current move looks pretty aggressive ( H1). Let's see where this buy will go....
Hello, My idea on GBP/AUD for this week. I've noticed that this pair just reached the zone around its previous highs from the daily. I underlined this as a resistance and I also noticed that this reach has been made with some big retracements on its way up. Maybe it looks like a channel on smaller time frames. However, I am looking to short this but as far as...
Hi, My idea on CAD/JPY: Price at recent daily suppport. Slow pull back moving inside a descending channel and now it breaks above very convincingly. Furthermore, this breach is going to the starting point of the recent downside low and now keeps holding at the same area. Possible scenarios: 1) aggressive buy now with stop loss below 87.90 , targets around the...
Good morning, My idea on GBP/NZD: I see from the daily that this pair is trying to resume its trend state and I am looking for a potential buy from a lower point around 1.9100. From this time frame though, I see a range has developed already and I am looking for a long from its bottom which would give a safe stop loss below those bottoms, targets around the...
Hi, Here's my idea on EUR/AUD This is how I see it. Pull back to the recent resistance and strong reaction, breaking through the recent buyer. I will be watching the next move for a potential sell towards the recent low even though it could have more downside potential (based on the weekly recent support level). However, I will be aiming towards 1.5270 as...
Hello, I will be looking for short opportunities on NZD/JPY, trading a potential pullback towards 78.50 from the weekly. I need a bit of a better price to enter. Let's see how this develops. From a bigger time frame perspective it seems like this pair has been moving inside a range for a long time. But in 2017 we can see two higher lows followed by break below...
Hi, My idea on NZD/CHF: Daily: Uptrend with a decent pullback to the recent support. Stopped exatcly where the support is. We can see a buying pressure as well. From the H4/H1 perspective the situation looks similar. Slow pull back to the recent H4 breach and few green candles popped up. Now, I wanna see a slow pullback or holding around the purple line since...
Hi, Just entered long on this pair. Primary target is the recent high. Will see if we get there if it can breach for a trend continuation or not.
Hey, I can see a sell setting up. I am waiting a better price and further confirmation to enter. Looking for a trend continuation trade with targets around the recent low. Let's see if we can get a good price.
Hi, My thoughts: I can see this pair has more downside potential. It is holding at the current level (H4) and there are no significant pullbacks to the higher time frames (daily) - signs of bearish strength. The recent sell has been reached (H4) and the price was strongly rejected from there. I wannna see the next move towards the same zone and its...
Hello, Just entered long on this pair. - Price at daily support showing some buying pressure. - H4 overcame the last sell The price is now giving a good discount and hold around the recent area. Nice conjunction with H4/H1 as well. Going for short-term targets.