Eur/Usd spiked after fed rate event, but the uptrend is not sustainable as US dollar is still in demand. Expecting the eurusd to slide lower to 1.0860 and to 1.0826.
Eur/Usd suffered a pullback in the last two days after hitting the double top resistance level. But, it seems the bullish wave will resume again. Keep in mind that Eur/Usd is in a uptrend and buying the dips seems like a good idea. However, keep proper risk management in mind before opening a trade. Thank you
Formation of bullish candlestick in the 1Hour time frame gives us a good reason to go long in Gbp/Usd. Plus the volumes that will come with London session open might propel the price beyond 1.2350
Eur/Usd is repeatedly testing the 0.99 level here. But, so far, the key level is intact. So, this implies that a reversal could happen very soon in Eur/Usd. Price can reach 1.01 and 1.04 level respectively in the month of September. Expecting a rise in price and hence, bulls should gear up with their buy orders.
Similar to Aud/Usd set-up, Nzd/Usd has also bounced up from support level. The impulsive bullish move indicates that a trend shift has occurred. So, we can probably buy Nzd/Usd from the support level. If price reaches 0.6580, that area can be a potential take profit zone.
Aud/Usd has rebounded nicely from the double bottom. Expecting the uptrend to continue. If price falls again to the 0.6850 support level, it is recommended to buy Aud/Usd and target the 0.7250 level as the take profit area.
CADJPY is going towards a historical resistance level from where price may reverse and drop massively. So, waiting for this golden opportunity to short this once price reaches 106.20 level. Will update further once trade is executed.
As shown in the chart, price has reversed from the top of the downward. Expecting further fall in price to 1.04 and 1.02 eventually. Trade accordingly by selling the rallies.
EURUSD is approaching a crucial resistance area in the 1.1430 area which could be a potential reversal zone. Today's ECB meeting gave the Euro bulls some fresh impetus to take the price higher. However, it could all go downhill soon if EUR/USD fails to clear the 100 day moving average. In case some bearish candlesticks starts showing up in the resistance level,...
GBP/USD is reaching a resistance level from where a move down can be expected. Waiting to sell at 1.3850 and higher with stops above the resistance at 1.3920.
The current recovery in EUR/USD can continue to 1.1800. So, for me, I would be looking to buy this pair.
Gbp/Usd hitting a support line. A rise is possible to 1.4180. Looking to buy at 1.4080, SL at 1.4050 and TP at 1.4180
Eur/Usd has hit the supporting trend line. Opportunity for a buy with target at 1.2180. SL at 1.2060
Gbp/Chf had a correction lately. Price is likely to rise up as price action is showing bullishness at the support level. I prefer to buy at the current levels and hold the trade till 1.2950
After the drop, GBP/CAD is now at the support level. So, expecting a rise from this current support level to 1.74 at least. I prefer to go long at current levels.
CHF/JPY has been rejected at the resistance level once again. So, expecting this fall to continue deeper Bears can dominate and take the price to 116 level. This is a good opportunity to short.
EURJPY has a huge rejection candle at the resistance level. It is a good confirmation to sell this pair. Price can continue to drop to the support level near 128 now.
Gbp/Usd has been rejected at the 1.40 resistance level. So, expecting a drop in price below 1.3850. Keep selling the rallies in Gbp/Usd