GBPAUDI am looking this pair as good short opportunity. This is not any kind of call or tip. Please consult your financial advisor before taking and position.
Currencytrading
EURUSDEURUSD is showing a momentum to the upside.
EURUSD has changed the direction.
I would say buy and put a stoploss.
USD/CAD Bearish Continues. USD/CAD got rejected at the 1.2800 psychological level, which also happens to fall below the 200-day SMA on Jan 6, these technical levels kickstart the pair bearish phase. The price fell by almost 200point before hitting another Quasimodo support zone at 1.2630, which creates a ripple in the price and gives a chance for the buyers to push the up to 1.2700 that falls below the 50.0% fib correction zone.
A short position is good after another correcting hit the 21 or 50 days SMAs.
JPY/INR Reversal TradeThe pair has taken support in the lower trendline and looks to reverse and rally.
Target is placed near resistance.
Stop Loss is placed below support zone and lower trendline.
Sell GBPUSDBest trend line resistance seems in 1.34454 andso sellers can use this level as stop loss.
Targets 1.3385++
EUR/USD Daily Chart Analysis For December 17, 2021Technical Analysis and Outlook:
After three weeks of chopping and heading to our designated retest, the Euro Dollar found a foothold. Completed Inner Currency Dip and hitting hard the major Key Sup 1.1175. On the upside, the primary targets are Mean Res 1.1340, Mean Res 1.1370, and Outer Currency Rally 1.1410 outcome levels.
Gj, Cj, Au, Uc, Gc, Ga, Gold, and Uj Made an analysis on these pairs. The reason is so you can be in the loop with all our trades.
Wits are always witty.
Watch the clip to get the Wit!
GBPJPY Long scenarioWhat we can see is the market has moved to the upside for this week and we will be looking at continuing our bullish trend. We have 2 buy zones, the higher being higher risk and based off the structure zone acting as a broken resistance. The lower zone has a true demand zone within it and a void that would be filled before the continuation to the upside. Watch over the next few hours as the Euro and London market open for the day.
USDINRHello and a warm welcome to this analysis on USDINR - FED meet coming up later tonight.
It is currently trading at the upper end of a diagonal channel. It has a Bearish Three Drives Harmonic Pattern coming up with a PRZ near 76.75. Expecting it to cool down from there and likely retest the lower end of the channel around 75.25. The view negates above 77
EURUSD Long zones hitFor more detailed daily analysis, don't forget to click on the follow button.
Here we have a classic example of an oversold asset class which is giving positive moves upwards.
After a large daily candle we are looking for uptrend to continue.
It is important to note this does not happen in a straight line. There will be dips and buying opportunities inbetween.
SHORT! GBPUSD Looks to want to drop back down & resume DOWNTRENDWeekly chart with obvious longterm downtrend over last 14 YEARS (Thick Yellow Lines)
Price recently started to turn lower with now a retest of the resistance.
SHORT Entry = $1.36805
SL = $1.39312
TP = $1.21
JPY/INR Pair Reversal TradeThis Pair has reached the lower trendline, this may cause it to bounce back.
Risk Reward Ratio - 3:1
Target is Placed near swing high, SL is Placed below Support Zone
EUR/USD Daily Chart Analysis For November 27, 2021Technical Analysis and Outlook:
When you view this price chart, you can observe that we had substantial completion, so it makes sense to experience a strong bounce eventually. Consequently, we may make a healthy run towards Mean Res 1.137 and possibly even the 1.145 level.
NZDUSD turning backFor more expertly detailed daily analysis, make sure you click on the follow button!
Here we have our NZDUSD chart.
Another Currency pair driven down by US strength.
We are looking to get long at these previous price zones.
We are far off our MA's and our stochastic oscillator is reading way down low.
#DXY US Dollar Index Forecast BullishToday I am charting the The US Dollar Index ( DXY ) on a monthly chart over a multi-year period.
The chart shows a long term descending parallel channel (generally bullish), which the DXY has been trading in. Most recently it has broken a multi-year resistance zone, created through a double bottom pattern, and now looking to test the top of the channel around $109-$110.
If the DXY breaks out of the descending parallel channel, we can see the price go to around $150-$155.
If the price gets rejected at the channel top, the price can go back down to as low as $60-65, which will create a triple bottom (generally bullish pattern).
Naturally this is a multi-year chart so it will take time.
When zooming out, the US Dollar price looks very bullish in the long-term.
What are your opinions on this? I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
EUR/INR Breakout Retest/ReversalThe pair has broken out and retested multiple times, therefore it may undergo a rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 3:1
SL is placed below support zone & the upper trendline. The target is placed near swing high.
#USDJPY | trade opportunityAs expected price going up to give us a pullback. after the break of the pattern. once price give a lower high we are looking to add more selling positions.
MOSTLY Clear Sky USDMXN up to 22.66. LONG order placed 10.72 R!!LONG order placed for the open tomorrow night. Expect price to retrace a bit so I expect it to fill. Decided on a tight SL on this one to maximize profit. Will RISK 1% on trade because funds tied up in other trades and I dont like to play with leverage but easily this trade could risk up to 1.5%. MACD pointing higher and crossing ZERO with BULLISH Divergence suggesting New UP TREND taking shape.
Entry = $20.50030
SL = $20.29813
TP = $22.66
10.72 R Expectancy
GBPJPY 4h at demand zone , long demand and supply zones , Currency pair trades in demand areas we looking for long position for next sessions
" confirmation candlestick pattern "
" demand zone "
" fibonacci golden zone "
" 3 wick candles rejection "
almost not risky trade
Good profit
" OANDA:GBPJPY "
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entry 153.061
target 155.935
stop loss 152.731
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tp pips = 287.4
sl pips = 33
Risk to Reward ratio = 1:8.71
CADJPY all the way upWhat's up guys!
I'm looking for major buy setups on the retest as price break through the daily resistance zone
I would have entered on the break but I like using a more conservative approach when it comes to currency pairs
Based on the market structure , price can still make higher highs after the break of the 4H trendline and the last swing high showing the bulls back after a corrective phase
I still zoomed into lower timeframe to look for more setups to capitalize on this trade
I will not enter this if it doesn't fit into my trading style
What do you guys feel ?
USDJPYWhat's up guys!
This is a really great setup from my own perspective
Price has been bullish until it approaches a major resistance zone and the momentum is killed on the larger timeframe
An upward trend line around a major resistance zone and refuses to make higher highs, it also breaks it but as a conservative trader I want to see More bears take control before my entry , I'm looking for an entry on the break of the H1 minor support zone indicated in green
There's already a cross of the Moving averages too , what do you guys think ?
CADCHFWhat's up guys!
I'm looking for buy setups as price is in a downward trend and approaches the lower trendline of the major daily channel indicated in Yellow
If you look on the larger timeframe you notice that price in overall bullish in the channel indicated by the upper and lower yellow line
Everything intersects and I fancy this classic setup , I'm waiting for the break of the green trend line to show the bulls taking control and see price head to the upper Side of the channel,
A cross of the EMAs will also be a good confluence , what do you guys feel ?
