EURJPY OUTLOOK The ECB raised it's key interest rate to the highest level since 2009. Fndamentally wise, it's pretty strong for a potential up-trend here onwards. We can look at taking long entries when price has tested it's previous high using the break and retest technical strategy. With that being said, technicals and fundamentals are pointing in the...
EURJPY - Price is approaching towards it's previous high 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 1:7. SL can be placed above the recent high. SELL LIMIT ORDER R:R - 1:7 E/P: 146.000 S/L:...
EURAUD - Price is approaching towards it's recent high 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 1:5. SL can be placed above the recent high. SELL LIMIT ORDER R:R - 1:5 E/P: 1.5730 S/L:...
AUDUSD OUTLOOK Price is currently ranging in between 0.68900 (resistance) & 0.68200 (support). Trades within the range is possible via the ‘bounce’ strategy, where 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 0.69500 psychological level. Should price...
XAUUSD - Price trading inside short term bullish. Impulse Long entries can be taken once price retest the previous high region whereby a retracement would happen before a bounce to the upside and break it's recent high. Once price rejects that area, we can look at immediate market execution. TP can be placed just before the recent low before it retests and make...
GBPJPY - Price trading inside strong bearish. Impulse short entries can be taken once price retest the previous daily resistance and rejects. Once price rejects that area, we can look at immediate market execution. At the moment JPY seems pretty strong, and GBP might lose strength in time to come. The UK economy is facing a recession situation and is expected to...
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 ever since the pump from CPI data as well. SELL BY ENTRY R:R - 1:3 E/P: 1809.61 S/L: 1813.70 T/P: 1801.00 TP - Green Zone SL...
USDCHF - Price trading inside strong bearish. Impulse short entries can be taken once price retest the previous low using the break and retest strategy whereby a retracement would happen before a bounce to the downside and break it's recent low. Once price rejects that area, we can look at immediate market execution. The US Dollar Index (DXY) is struggling to...
NZDUSD - Price trading inside strong bullish. Impulse Long entries can be taken once price retest the previous high using the break and retest strategy whereby a retracement would happen before a bounce to the upside and break it's recent high. Once price rejects that area, we can look at immediate market execution. The US Dollar Index (DXY) is struggling to...
EURUSD - Price trading inside strong bullish. Impulse Long entries can be taken once price retest the previous high using the break and retest strategy whereby a retracement would happen before a bounce to the upside and break it's recent high. Once price rejects that area, we can look at immediate market execution. The US Dollar Index (DXY) is struggling to...
AUDUSD - Price trading inside strong bullish. Impulse Long entries can be taken once price retest the previous high using the break and retest strategy whereby a retracement would happen before a bounce to the upside and break it's recent high. Once price rejects that area, we can look at immediate market execution. The US Dollar Index ( DXY ) is struggling to...
XAUUSD - Price trading inside strong bullish. Impulse Long entries can be taken once price retest the previous high using the break and retest strategy whereby a retracement would happen before a bounce to the upside and break it's recent high. Once price rejects that area, we can look at immediate market execution. Gold price (XAU/USD) is juggling around the...
GBPJPY - Price has reached a recent high and showed clear sign of rejection with a long wick, indicating that sellers have garnered control towards a key resistance level for potential sells, retracement down to potentially, the recent 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. SL can...
CHFJPY - Price has reached a recent high and showed clear sign of rejection with a long wick, indicating that sellers have garnered control towards a key resistance level for potential sells, retracement down to potentially, the recent 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. SL can...
US30 - Price is trading towards in a bullish direction upwards, towards a key resistance level (order block) for potential sells, retracement down to potentially, the next order block. Impulse Short entries can be taken once price retest the resistance region. The U.S. Dollar Index (DXY) recovered some of its Friday's losses after the Producer Price Index (PPI)...
XAUUSD - Price approached a key level and is retesting the previous support where it could potentially be a resistance in a break and retest strategy, towards a key resistance level for potential sells, retracement down to potentially, the next order block. Impulse Short entries can be taken once price clearly rejects that level and shows bearish structure on the...
Price has currently rejected the recent order block. Trades within the range is possible whereby we can wait for a retracement to the region of the previous low. We placed our SL at the region of the previous low whereby our TP is at the next order block that has not been mitigated. BUY BY ENTRY R:R - 1:2 E/P: 1783.06 S/L: 1779.00 T/P: 1791.00
CHFJPY OUTLOOK Price is currently ranging in between 146.300 (resistance) & 145.000 (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...