this coming week on my watchlist we looking at a potential pullback on the nzdusd. from a top down analysis im in a potential uptrend and with that being the situation im predominantly looking for more buys than sells. ive noticed a strong bullish candle in the weekly chat and to me it shows the bulls having control of the market. what im expecting is that the...
For some time now the GBPUSD has a long bias and seeing a breakout from 1,29 levels last week, going into this week we are looking forward to a continuous bullish movement, however as the week commence im expecting a pull back into levels (zone) 1.2957 & 1.30020. we have seen a breakout and now waiting for a retest of the previously broken structure and with that...
The price responded to the support once holding in 2016/17. given that and a clear double bottom in the daily timeframe and a convincing confirmation im gonna hold long as my anchor trade. retrcmnts may occur n we look to tak advantage in smaller time frames
This currency pair did not perform quite good in this week. So been waiting for bearish setups. Okay to make clarity of my analysis and why im looking at that black zone and not the dotted is because im considering it as a breakout/retest movement, its more of a fulfilled prophecy and one of the breakout setups, so we saw the market breaking below the black zone...
This coming week am looking to sell this pair. Last week we had a analysis where we predicted the movement of the pair as shown by the arrows, an intensive push and breaj below that Red trend however we knew that often times the market comes back and retest the broken level for further momentum. Seeing that happening we had good orders Now we are focusing on more...
Hello guys...on my weekly watchlist i have the kiwi dollar. Last week we went up as the week started and we had a drop by the end of the week. That being the situation we observed a clear reversal setup in both the daily and 240mins time frame . The first leg of the W was formed and come this week im looking for bullish momentum to complete the other leg and...
looking at a potential head and shoulder formation price break and close below the neck line can be a significant entry reason
The pair has been on my watch list for this week . Seeing a failure to break above the levels .68564 & .68750 and having a strong rejection in that zone we started to look for bearish opportunities. There is a trendline that has been broken and yet again respected and to me i had to consider using it since from when it was broken the market didnt change the...
expecting a great bullish momentum to the upside
Looking to short the usdjpy This week i had an analysis aimed at selling and was actually in a trade that was stopped due to stop losses. So again im observing thats the market can still push down and im engaging again going into next week From a daily analysis in resting on a key level of resistance and this week closing with the bears in control i look forward...
OANDA:EURUSD My analysis and prediction for the coming week in so far as the eurusd is concerned....looking from dairy timeframe i observed that the pair is in a channel...trend lines are non subjective and you might not condone or agree with my placing its still okay, so with that being said the price had reached a point where i can seek for more bearish...
The CADJPY is one of the currency pairs i will be trading this week. I have a good setup showing up here ... 1/ the trendline from the 1st of October 2018 crossing throu 15th of july 2019 and finally this 4th touch that has been tested. b) i also observed another trendline passing from 22feb 19 then 11 april also touching throu the same 5th july 19 and another...
The past week has seen the pound Norwegian breaking above key level of structure and thereby confirming a new uptrend and to me that means im looking for more bullish setups. Heading towards this week um looking bullish setups only!! with that being said im waiting for the market to confirm either one of these 3 conditions: 1) retracement going back into...
ive been working closely with this currency pair from jan, due to brexit new fluctuations there was high volatility and instabilities however now the pound has broke above the lowest wick of 31st dec 18 and retested, unaware of t when it made the moves now im seeking a new consolidation and accumulation of contract bfore another new higher level. wth that being...