EURNZD is currently at a very interesting level from a technical perspective. Why? We are currently sitting on a key support level on the monthly timeframe ,so naturally we will be looking for rejections. However, what caught my eye on this particular pair is the fact that EUR is currently strengthening across the board so it would make sense to look for buying...
The market does look very interesting at the moment. The level in which prices are currently trading at require us to have more patience than ever before and an even stricter risk management procedure. Before looking into the technical analysis we must first take into account fundamental data around the US dollar! If the dollar continues to weaken we will see...
USDCAD Update - As the US dollar continues to weaken, we can expect US pairs to continue its downwards trend. Here on USDCAD we can see price has been ranging throughout November, with price bouncing between 1.29451 & 1.31366. We believe price will hit 1.27672 before 2021, which means in order for our short entry we will be waiting for price to break current...
EURNZD is currently at a very interesting level from a technical perspective. Why? We are currently sitting on a key support level on the monthly timeframe, so naturally we will be looking for rejections. However, what caught my eye on this particular pair is the fact that EUR is currently strengthening across the board so it would make sense to look for buying...
Looking for a short position on GBP/USD. We saw all major pairs sell off due to positive NFP result. We will look to sell once price has closed below that support level or resets the trend line. For now only take profit level has been drawn in, stop loss along with entry will be given once i look to enter the trade which could potentially be on the daily close...
Double top at strong resistance area. First take profit at 31.8 fib level. To find out more information on this trade. private message.
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to find out why we have made a short term buy on audusd inbox or click the link in my bio.
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To find out why we will be selling this off, message me!!
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Still bullish on USDJPY. Message me to find out why!
I belive Eurusd is going to head back into the 1.14586 area to retest a key support level. Currently price is in no mans land. Once price reaches the key resistance level drawn in, we will be looking to sell it off to our first take profit level of 1.09456. So for now this trade is going to require a lot of patience, as we will not be looking to do anything with...
We can see EURUSD has made a sharp fall to the downside, the first take profit level has been breached at 1.09456. Now that price has fallen and closed below the first take profit level we will be now looking for our second take profit level: 1.05737. In addition, we will wait for a retest of the new resistance level and then look to sell it off.