fxtraderkristina

fxtraderkristina

Hi everyone!:) - Looking at the weekly charts, there's a strong upward trend that's also showing on the daily charts. This tells us the overall trend is quite bullish. - If we look at the 4-hour charts, there's a good break above a key monthly pivot point level at 0.67768. - On the 1-hour charts, we see a bullish engulfing candlestick closure, which also...

fxtraderkristina

👩🏽‍💻Technical: The USD/CHF pair has been struggling to hold its ground above the 100-day moving average at 0.91155. Sellers pushed the price below 0.90690 and multiple MAs on the 4-hour chart. 🎯 For an ideal entry: I'd suggest keeping an eye on the key levels of 0.90255 and a break of a 4-hour moving average. A clean break below these levels could kick off a...

fxtraderkristina

👩🏽‍💻Technical: Taking a look at the EURO, it's shown some weakness recently, unable to break the 0.88650 level despite several attempts. With daily support now broken, and a completed push > exhaustion cycle that also includes a rejection of the MA 200. 🎯 For an ideal entry: The price is currently within the channel. You could consider entering now, targeting a...

fxtraderkristina

👩🏽‍💻Technical: The EURUSD has been showcasing steady but strong bullish control, based on the daily rising channel, and is currently attempting to break the 4-hour resistance into a new high. 🎯 For an ideal entry: Because the price remains trapped in the channel and has a resistance to break, I would strongly advise waiting for the price to break above and...

fxtraderkristina

👩🏽‍💻Technical: On the daily timeframe, the price seems to be following an ascending channel pattern, which usually signals a bullish trend. Nevertheless, it's worth keeping in mind that the 1.25833 level has acted as a strong resistance zone, with the price repeatedly failing to breach it. 🎯 For an ideal entry: There are two possible strategies to consider for...

fxtraderkristina

👩🏽‍💻Technical: The AUDCAD is moving within a daily channel, which seems to show some selling power building up. On the 1-hour chart, there's an M pattern taking shape, but it's not confirmed yet since the neckline isn't fully broken. 🎯 For an ideal entry: I recommend patiently waiting for the price to demonstrate strong selling momentum by fully breaking the...

fxtraderkristina

👩🏽‍💻Technical: the EURUSD pair is currently showing an upward trend on both the monthly and weekly timeframes. Additionally, the pair is moving closer to its daily high, with a 1-hour bullish closure indicating that buyers are actively trying to gain control. 🎯 For an ideal entry: There may be an opportunity to take advantage of a potential pullback to the...

fxtraderkristina

👩🏽‍💻Technical: Sellers are applying significant pressure on the price, as it trends below the MA's on HTF. Additionally, a daily candlestick pattern is currently forming and it appears to be a bearish engulfing candlestick. Meanwhile, on the 4-hour chart, the price is showing signs of aiming to break into a new low, further confirming a bearish bias. 🎯 For an...

fxtraderkristina

👩🏽‍💻Technical: Weekly and the daily TF, suggesting selling pressure for AUD as the price has crossed MA 20 and MA 100. On the 4-hour, the M pattern neckline was completely broken and is now aiming to make a new 4-hour low. 🎯 For an ideal entry: You could potentially enter it now or wait for the candlestick to close into a new 4-hour low, but just keep in mind the...

fxtraderkristina

👩🏽‍💻Technical: On the weekly, the sellers are pushing the price down based on the current gravestone doji being formed. However, the price has a strong uptrend, and it seems that the sellers failed to break many times in the past. 🎯 For an ideal entry: In order to see if there is enough selling pressure, wait for the price to break the uptrend + push > exhaustion...

fxtraderkristina

👩🏽‍💻Technical: Monthly price action is stuck between two MAs, trending inside a weekly channel, and trying to break the daily lower channel trend. A similar scenario is happening on the 4-hour chart, suggesting some bearish bias in the market. 🎯 For an ideal entry: My suggestions would be to exercise patience and wait until the price has successfully broken...

fxtraderkristina

👩🏽‍💻Technical: On the weekly, the price is trending above MA's and has successfully broken above a previous resistance level at 1.22028, and on the 4-hour, the price is aiming to close into a new high. 🎯 For an ideal entry: I would suggest waiting for a candlestick closure, ideally the bullish engulfing one, and potentially aiming for a profit target of 1.22690,...

fxtraderkristina

👩🏽‍💻Technical: The price is attempting to break below the MA 20 on the weekly chart, and the daily MA 100 has already been broken below. Strong support at 0.87379, so a break below would be significant for sellers. 🎯 For an ideal entry: I would suggest to wait for the price to break the support, maybe a push > exhaustion to confirm bearish bias, and aim to enter...

fxtraderkristina

👩🏽‍💻Technical: On a daily TF, the AUD price has crossed the 20-day and 50-day moving averages and is now trying to break through the 100-day moving average. This may suggest that there is selling pressure on the currency. However, it's important to note that the price is still moving within a channel on LTF. 🎯 For an ideal entry: To confirm a bearish bias, I...

fxtraderkristina

👩🏽‍💻Technical: The current trend in the market is bearish, and it's moving within a defined channel. Nevertheless, this setup is demanding a pullback. Without it, it's likely that your stop loss will be hit if you enter the market now. 🎯 For an ideal entry: If you wait for a pullback, you might be able to achieve a better risk-reward ratio since the moving...

fxtraderkristina

👩🏽‍💻Technical: Higher time frames suggest strong Euro power against GBP by trending above MAs, with the daily aiming to break the channel with a bullish engulfing candlestick. 🎯 For an ideal entry: The price must confirm a strong enough bullish bias by breaking MA's on the daily and the channel on LTF. Push> exhaustion + bullish pattern confirmation for a super...

fxtraderkristina

👩🏽‍💻Technical: Currently, the monthly chart is developing a strong bullish engulfing pattern & the weekly chart is indicating some really promising bullishness as well. This setup has the potential to reach around 100 pips - which is where the previous daily high zone is. 🎯 For an ideal entry: Push > exhaustion, especially if the price makes a new high on the...

fxtraderkristina

👩🏽‍💻Technical: The price seems to be coming back from higher-time-frame support, and the daily is trying to reach a new high. On the 4-hour chart, the price is currently struggling to break the resistance, suggesting sellers are also actively involved. 🎯 For an ideal entry: To confirm the bullish bias and potentially target the higher time frame zone, the price...