Get started

1w

NZDUSD > Short OpportunityNZDUSD - Psychological Support Broken 1W > IND: 10SMA / Elliot Wave Pair broke psychological support @ 0.70000 reaching 0.69700 setting new 5-Month low Further decline expected toward 0.69070 / 0.68440 levels Key resistance @ 0.70550 w/anticipated upward movement expected to be held by 0.71020 representing falling 10SMA. * Personal analysis only. Please use your own rules and strategies prior to entering market. ** Forex trading involves HIGH RISK. Before entering a trade, carefully consider your objectives, financial resources and level of experience.
Short
by ALSM59
USDCHF > Entry Point AnalysisUSDCHF- 1W > 10/22/2017 IND: 20 SMA / 100 SMA Broken resistance @ 0.9835 indicates further rise to 0.9990 testing w/20 SMA adding additional confirmation to uptrend. Break of 0.9846 from weekly 100 SMA adds confirmation to upward momentum, IMO. Break and Hold above 0.9990 indicates further rise to 1.0342 re-test resistance. Key support @ 0.9736 with break and hold below would indicate decline toward 0.9587 re-test. Personal bias: Bullish * Personal analysis only. Please use your own rules and strategies prior to entering market. ** Forex trading involves HIGH RISK. Before entering a trade, carefully consider your objectives, financial resources and level of experience.
by ALSM59
EURJPY > Entry Point AnalysisEURJPY - 1W > 10/22/2017 Pair remains trading in 131.69 - 134.39 range Decisive Break and Hold above 134.39 indicates further rise to 141.04 re-test in longterm Decisive Break and Hold below 131.69 indicates further decline to re-test of 127.55 support in longterm Personal bias: Neutral * Personal analysis only. Please use your own rules and strategies prior to entering market. ** Forex trading involves HIGH RISK. Before entering a trade, carefully consider your objectives, financial resources and level of experience.
by ALSM59
EURUSD > Levels to WatchEURUSD > Key Levels > 10/15-20/17 Firm break and hold above 1.1930 level could indicate further strength to test 1.2000, with a break above this leading to 1.2100 level representing the January, 2015 high. Expecting strong resistance @ 1.1965 level. Strong support showing @ 1.1793 level, followed by 1.1764 which analysis does not support breaking these levels IMO, but no complete confirmation either. R3 1.1933 R2 1.1904 R1 1.1863 S1 1.1793 S2 1.1764 S3 1.1723 Pivot Point @ 1.18350 High volatility expected as I believe we are in the "wacky" season where up is down and down is up! * Personal analysis only. Please use your own rules and strategies prior to entering market. ** Forex trading involves HIGH RISK. Before entering a trade, carefully consider your objectives, financial resources and level of experience.
by ALSM59
USDJPY > Levels to WatchUSDJPY > Key Levels > 10/15-20/17 Timeframe: 1W Pair still signals bullish trend strength in mid-term, with loss in momentum within longer-term range. Averaging price within 111.000 to 113.000 range while expecting strong support @ 111.58 level. Firm break and hold above 113.45 resistance possible rise to 114.00/50 levels. Firm break and hold below 111.58 support possible further decline toward 110.95 levels. R3 112.85 R2 112.59 R1 112.22 S1 111.58 S2 111.32 S3 110.95 Pivot Point @ 111.95 High volatility expected as I believe we are in the "wacky" season where up is down and down is up! * Personal analysis only. Please use your own rules and strategies prior to entering market. ** Forex trading involves HIGH RISK. Before entering a trade, carefully consider your objectives, financial resources and level of experience.
by ALSM59
GBPUSD > Trade AnalysisGBPUSD > 1W / Longterm Pair is trading in an uptrend from support level 1.3215 w/expected target @ 1.3495. If this level is broken, uptrend could continue higher. A firm break and hold below support 1.3215 will signal end of rise and bearish trend should begin toward 1.3068 followed by 1.2874 * Personal analysis only. Please use your own rules and strategies prior to entering market. ** Forex trading involves HIGH RISK. Before entering a trade, carefully consider your objectives, financial resources and level of experience.
by ALSM59
USDJPY Weekly Trade AnalysisUSDJPY > 10/15-20/17 Trade Analysis Timeframe: 1W Shooting Star candle signals roll-over @ week's beginning. Break and Hold below 112.00 signals to 108.00 level. Expecting these levels to be Buyers area. Break and Hold above 112.00 can signal further rise to 115.00 level. High volatily expected as I believe we are in the "wacky" season where up is down and down is up! * Personal analysis only. Please use your own rules and strategies prior to entering market. ** Forex trading involves HIGH RISK. Before entering a trade, carefully consider your objectives, financial resources and level of experience.
by ALSM59
EURUSD Weekly Trade AnalysisEURUSD > 10/15-20/17 Trade Analysis Timeframe: 1W Previous break of strong Hammer signals possible very strong bullish trend to continue up to 1.21000 level. Firm break and hold above 1.21000 expecting further rise to 1.25000 level where fall is expected to begin toward 1.167000 level. Current expected closing price @ end of month is now projected near 1.19000 level due to strong bullish trend analysis. High volatily expected as I believe we are in the "wacky" season where up is down and down is up! * Personal analysis only. Please use your own rules and strategies prior to entering market. ** Forex trading involves HIGH RISK. Before entering a trade, carefully consider your objectives, financial resources and level of experience.
by ALSM59
GBPUSD Weekly Trade AnalysisGBPUSD > 10/8-13/17 Trade Analysis Timeframe: 1W Expecting further decline toward 1.2975 level. Firm break and hold below suggest possible decline toward major support level @ 1.2773 in longer term. Strong bearish downtrend signals causing concern for possible trend reversal in medium term. A firm break and hold below 1.2773 will serve as confirmation that bearish trend may continue, but firm break and hold above this level would serve as confirmation that bearish trend is complete and would expect bullish trend to return in longer term. A firm break and hold above minor resistance level @ 1.3221/25 would serve as important signal to bullish rebound. (1.1946 should show as 2016 High) * Personal analysis only. Please use your own rules and strategies prior to entering market. ** Forex trading involves HIGH RISK. Before entering a trade, carefully consider your objectives, financial resources and level of experience.
by ALSM59
AUDUSD Weekly Trade AnalysisAUDUSD > 10/8-13/17 Trade Analysis Timeframe: 1W Pair broke below support @ 0.7807 with MACD showing bearish divergence, expecting further decline toward 0.7727 A firm break and hold below 0.7727 would signal good possibility of further decline toward 0.7633 level. Expecting bearish trend to continue with price needing to remain below 0.7820 for continual confirmation. A firm break and hold above 0.7820 would indicate bearish trend is weakening. Firm break and hold above 0.7874 would serve as indication that bearish trend is complete and a reversal would come back in play. * Personal analysis only. Please use your own rules and strategies prior to entering market. ** Forex trading involves HIGH RISK. Before entering a trade, carefully consider your objectives, financial resources and level of experience.
by ALSM59
USDCHF Weekly Trade AnalysisUSDCHF > 10/8-13/17 Trade Analysis Timeframe: 1W Weak bullish trend, yet expecting to hold as break above 0.9777 has occurred. Awareness as pair approaches next major resistance @ 0.9880. Break and hold above this level can expect further rise to 0.9990 in medium term as long as pair remains above key support @ 0.9708 level during weekly range. Break and hold above 0.9990 can extend rise to 1.0030 level. Note that a firm break and hold below 0.9708 would favor reversal toward 0.9587 level. Personal bias: Bullish in medium term w/weak tendencies * Personal analysis only. Please use your own rules and strategies prior to entering market. ** Forex trading involves HIGH RISK. Before entering a trade, carefully consider your objectives, financial resources and level of experience.
by ALSM59
USDCAD Weekly Trade AnalysisUSDCAD > 10/8-13/17 Trade Analysis Timeframe: 1W Believe pair is currently in downward correction toward minor support level @ 1.2450/48 level. If unable to break and hold below 1.2450/48, expecting further rise toward major resistance level @ 1.2770/77 A strong break and hold above 1.2777/80 is needed to target 38.2% fib retracement @ 1.3065 level. Seeing mixed signals in charting, so awareness recommended that a firm break and hold below 1.2450/48 minor support level could signal short term top and bearish trend likely to continue. Personal bias: Bullish but will Stand Aside * Personal analysis only. Please use your own rules and strategies prior to entering market. ** Forex trading involves HIGH RISK. Before entering a trade, carefully consider your objectives, financial resources and level of experience.
by ALSM59
GBPJPY Weekly Trade Analysis GBPJPY > 10/8-13/17 Trade Analysis Timeframe: 1W Expecting further decline toward 144.45 level, representing 61.8% fib retracement. Expecting strong support @ 144.45 which could lead to bullish rebound toward 152.82 level, although a solid break and hold above 149.73 level is needed for confirmation that trend reversal is underway or is just a false break in test. For continuance of bearish trend, a solid break and hold below 144.45 may serve as signal to open path for further decline toward next major support level located at 139.29 * Personal analysis only. Please use your own rules and strategies prior to entering market. ** Forex trading involves HIGH RISK. Before entering a trade, carefully consider your objectives, financial resources and level of experience.
by ALSM59
GBPUSD - Weekly Trade AnalysisGBPUSD > 10/1-6/17 Trade Analysis Timeframe: 1W Believe top of upward trend located at strong resistance level 1.3587 and expected to hold. From 1.3587, expecting decline to support level 1.3135 in longer term as long as price remains below top resistance. Should firm break and hold above 1.3587 occur, expect rise to next major resistance level @ 1.3915 but at this time, not expected. * Personal analysis only. Please use your own rules and strategies prior to entering market. ** Forex trading involves HIGH RISK. Before entering a trade, carefully consider your objectives, financial resources and level of experience.
Short
by ALSM59
GBPUSD - Levels to WatchGBPUSD > 9/24-29/17 Trade Analysis Timeframe: 1W Sideways trending in play with S&R levels between 1.3450 and 1.3587 A firm break above 1.3590 signals good probability of beginning of Uptrend towards 1.3910 A firm break below 1.3445 signals good probability of beginning of Downtrend towards 1.3140 * Personal analysis only. Please use your own rules and strategies prior to entering market. ** Forex trading involves HIGH RISK. Before entering a trade, carefully consider your objectives, financial resources and level of experience.
by ALSM59
1
AUDUSD - Long / Short OpportunityAUDUSD - Long / Short Opportunity 1W Timeframe Week Trade #1 This week looking for a BUY / SELL opportunity for this pair for a total target of 182.1 pips. With the Pivot Point @ 0.8009 and the Psychological Level of 0.8000 holding, along with remaining well above 0.7965 support: Phase 1 Tentative: BUY Entry Market Order @ 0.80236 T/P @ 0.81154 Believe price could go as high as 0.8190 but will take T/P at above target and begin setup for SHORT trade. Phase 2 Tentative: SELL Entry Market Order @ 0.81309 T/P @ 0.80406 S/L will follow as price moves in projected direction at rate of 10-15 pips above/below. Entries/Exits may change in accordance to further analysis at beginning of week. R3 0.8081 R2 0.8059 R1 0.8031 S1 0.7980 S2 0.7958 S3 0.7930 Updates / Adjustments / Results will be reflected in updated comments. * Personal analysis only. Please use your own rules and strategies prior to entering market. ** Forex trading involves HIGH RISK. Before entering a trade, carefully consider your objectives, financial resources and level of experience.
by ALSM59
EURUSD - Long / Short OpportunityEURUSD - Long / Short Opportunity 1W Timeframe Week Trade #2 This week looking for a BUY / SELL opportunity for this pair for a total target of 282 pips. With the Pivot Point @ 1.1945 and holding above the critical 1.1915 level: Phase 1 Tentative: BUY Entry Market Order @ 1.1960 T/P @ 1.2085 Believe price could go as high as 1.2140 but will take T/P at above target and begin setup for SHORT trade. Phase 2 Tentative: SELL Entry Market Order @ 1.2133 T/P @ 1.1976 With a clear break and hold below 1.1915, price could go as low as 1.1817 but will take T/P at above target and establish updated analysis before further trading if any. S/L will follow as price moves in projected direction at rate of 10-15 pips above/below. Entries/Exits may change in accordance to further analysis at beginning of week. R3 1.2075 R2 1.2032 R1 1.1988 S1 1.1901 S2 1.1857 S3 1.1814 Updates / Adjustments / Results will be reflected in updated comments. * Personal analysis only. Please use your own rules and strategies prior to entering market. ** Forex trading involves HIGH RISK. Before entering a trade, carefully consider your objectives, financial resources and level of experience.
by ALSM59
NZDUSD Long probabilityNZDUSD Long probability > 0.7500 Showing support @ 50% Fib Retracement Level having formed a Hammer. Firm Break and Hold above Weekly Candle @ 0.7300 signals positive probability up to 0.7500 Likely range of interest > 0.7410 to 0.7500 High volatility should be expected w/upcoming Parliamentary Elections Suggested strategy: Wait for clear break & hold above 0.7300 for continuance of Bullish trend. * Personal analysis only. Please use your own rules and strategies prior to entering market. ** Forex trading involves HIGH RISK. Before entering a trade, carefully consider your objectives, financial resources and level of experience.
by ALSM59