NZDUSD OUTLOOK Price trading inside strong bearish and is approaching a key order block, creating a potential opportunity for a sell. Impulse Short entries can be taken once price rejects that region. We had our sells set up with potential downside in the R:R ratio of 1:3.4 NZDUSD SELL LIMIT ORDER RR 1:3.42 EP: 0.63227 SL: 0.63378 (15 pips) TP: 0.62693 (53 pips)
XAUUSD OUTLOOK Price is in an uptrend movement which leaves a potential buy zone once price retraces to the region of the previous high. Impulse long entries can be taken once price rejects that region. The confirmations are the RBS zone, the SnD and the Trendline. We had already marked the Key Level, but will make sure to look out for the price action before...
US30 OUTLOOK Price trading inside short term bullish after making a major decline and a fair value gap has occurred which we believe will be mitigated, creating a potential opportunity for a sell after a rejection nearing the order block. Impulse Short entries can be taken. We had our sells set up with potential downside in the R:R ratio of 1:3. US30 SELL BY...
GBPUSD OUTLOOK Price trading inside strong bearish and is retesting it's previous low, creating a potential opportunity for a sell. Impulse Short entries can be taken once price rejects that region. The confirmations are the SBR level, the Bearish Engulfing, the SnD in the lower timeframe and the Trendline. We had our sells set up with potential downside in the...
XAUUSD OUTLOOK Price trading inside strong bearish and is also approaching towards a market inefficiency., creating a potential opportunity for a sell. Impulse Short entries can be taken once price rejects that region. Based on our analysis, if seems like the price had already break the trendline in the H1 timeframe. So the next movement will be a downtrend. In...
GBPJPY OUTLOOK Price is approaching towards an order block where resistance is lurking, creating a potential opportunity for a sell. Impulse Short entries can be taken once price rejects that region. - Bank of Japan keeps monetary policy unchanged, as expected. - Mixed sentiment, firmer yields previously underpinned recovery moves amid light calendar...
GBPJPY OUTLOOK Price is approaching towards an order block where resistance is lurking, creating a potential opportunity for a sell. Impulse Short entries can be taken once price rejects that region. - Bank of Japan keeps monetary policy unchanged, as expected. - Mixed sentiment, firmer yields previously underpinned recovery moves amid light calendar...
CADJPY OUTLOOK Price is approaching towards an order block where resistance is lurking, creating a potential opportunity for a sell. Impulse Short entries can be taken once price rejects that region. Rising Wedge and Bearish Pennant formations has occurred, which signifies a potential bearish breakout soon. - Bank of Japan keeps monetary policy unchanged, as...
EURGBP OUTLOOK Price is in an uptrend movement which leaves a potential buy zone. A bullish pennant formation has occurred and it's 1 of the confirmation that we can look at to take buy positions once it touches the edge of the trendline. There are multiple confirmations which are the Trendline, the RBS zone, the order block which acts as support. We had our...
EURCAD OUTLOOK Price is in an uptrend movement which leaves a potential buy zone. A bullish pennant formation has occurred and it's 1 of the confirmation that we can look at to take buy positions once it touches the edge of the trendline. There are multiple confirmations which are the Trendline, the RBS zone in the H4 timeframe, the SnD in the M30...
XAUUSD OUTLOOK Price is in an uptrend movement which leaves a potential buy zone once price retraces to the previous high. Impulse long entries can be taken ONLY once price rejects that region. There are multiple confirmations which are the Trendline, the RBS zone in the H4 timeframe, the SnD in the M30 timeframe. We had our buy limits set up with upside...
XAUUSD OUTLOOK Price is in an uptrend movement which leaves a potential buy zone once price retraces to the order block. Impulse long entries can be taken ONLY once price rejects that region. There are multiple confirmations which are the Trendline, the RBS zone in the H4 timeframe, the SnD in the M30 timeframe. We had our buy limits set up with upside...
XAUUSD OUTLOOK Price is approaching towards an order block where major resistance is lurking, creating a potential opportunity for a sell. Impulse Short entries can be taken once price rejects that region. We had our sells set up with potential downside in the R:R ratio of 1:3. SL can be placed above the order block region whereas TP can be placed in the...
GBPJPY - Price trading inside strong bearish channel. Impulse short entries can be taken as price rejects the order block. Once price rejects that area, we can look at immediate market execution as price may potentially make a movement to the downside. TP can be placed just before the recent low in order to reduce risk and secure profits. SELL BY ENTRY R:R -...
EURGBP - Price is trading in a bullish channel, towards the recent support where price rejected. Should it reject again, there is a high potential for it to break it's previous recent high. Impulse long entries can be taken once price retest the resistance region. There has also been a bullish pennant pattern which is an additional confirmation for a breakout....
EURCAD OUTLOOK Price is currently ranging in between 1.45700 (resistance) & 1.44650 (support). Trades within the range is possible via the ‘bounce’ strategy, where shorts can be opened at the resistance, and longs can be opened at the support. Should price break out of the resistance of the range, it is expected to move towards the next resistance level at the...
XAUUSD - Price trading inside short term bearish whereby there is a break of structure in the 5m, 15m, 30m and 1hr time frame. Impulse short term sell entries can be taken with the thought of inefficiencies that has yet to be mitigated. As with any analysis we make, it's always better to start at a Higher timeframe. So if you look at the H4 timeframe, the price...
U.S. retail spending and manufacturing weakened in November, signs of a slowing economy as the Federal Reserve continues its battle against high inflation. November retail sales fell 0.6% from the prior month for the biggest decline this year, the Commerce Department said Thursday. Budget-conscious shoppers pulled back sharply on holiday-related purchases, home...