Get started

Elitefxacademy

CADJPY – Sellers will soon show good position for sell if...CADJPY – Sellers will soon show good position for sell if the price will maintain below new resistance Trend: Strong Sell Support/Resistance: R3: 81.200 R2: 81.838 R1: 81.634 S1: 81.402 S2: 80.840 S3: 80.252 S4: 79.817 Price action: Market start showing potencial reverse flow, from buy to sell. We have to be carefull from now to the London section, but if their we see potencial entry, which might be very soon, then next targets are optimistically short targets. If sell is failed, then we might see holding around this area. Remember that news will be reliesed at 2.30 GMT +1 Potencial trade idea: Bulls targets: T1: 81.200 Bears targets: T1: 80.840 T1: 80.252 T1: 79.817 NOTE – We are trading CADJPY via the preferred trading setups ELITEFXACADEMY Disclaimer: Martin's views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don't publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
Education
by EliteFxAcademy
GBPCAD – Buyers are going in trending way, but do you thing theyGBPCAD – Buyers are going in trending way, but do you thing they can break even Trend: Buy/ Neutral Support/Resistance: R2: 1.73254 R1: 1.70913 S1: 1.69200 S2: 1.67288 Price action: Buyers are headed to break R1 level, but suspitious to me is buyer's laziness. In next days we still has to be carefull on candle charatheristics. If Sellers might face off buyers first, then next target for them will be at S1 level. If they break S1 level, then they could go deeper to our last buyers failing move. Potencial trade idea: Bulls targets: T1 = 1.73254 Bears targets: T1 = 1.69200 T1 = 1.67288 NOTE – We are trading GBPCAD via the preferred trading setups ELITEFXACADEMY Disclaimer2: Martin's views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don't publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
Education
by EliteFxAcademy
AUDCHF – Previous week was crazy, from both price action and newAUDCHF – Previous week was crazy, from both price action and news announcement Trend: Buy Neutral Support/Resistance: R3: 0.68363 R2: 0.67923 R1: 0.67621 S1: 0.67227 S2: 0.66872 Price action: Pirce seem sellers tok of the stage. But overall trade is still in buyers ayes. If sellers are enough strong then, they should push the price lower from R1. If buyers can handle above R1 then next potencial Sell is at R2 to test again R1. This trade is a very tricky, but good for education. Potencial trade idea: Bulls targets: T1 = 0.67227 T2 = 0.66872 Bears targets: T1 = 0.67923 T1 = 0.68363 NOTE – We are trading AUDCHF via the preferred trading setups ELITEFXACADEMY Disclaimer2: Martin's views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don't publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
Education
by EliteFxAcademy
Do you think GOLD will go further down?XAUUSD - Do you think GOLD will go further down? Trend: Buy/ Neutral BUT IF.. Support/Resistance: R1: 1480.428 S1: 1459.407 S2: 1407.433 Price action: Sellers weekly candle end up very powerful from sell side perspective. Buyers might get away for a while, but if they're able to hold under S1, then trending will show who from the market paticipants is more powerfull. If the price break below S1, then we might see potencial sell targets to S2 Potencial trade idea: Bulls targets: T1: 1480.428 Bears targets: T1: 1407.433 NOTE – We are trading XAUUSD via the preferred trading setups ELITEFXACADEMY Disclaimer2: Our view on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don't publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
OANDA:XAUUSDEducation
by EliteFxAcademy
GBPUSD – Buyers momentum reaction from the channelGBPUSD – Buyers momentum reaction from the channel Trend: Buy/ Neutral Support/Resistance: R2: 1.29929 R1: 1.28974 S1: 1.28378 S2: 1.27548 Price action: Buyers were very strong from news announcement, but the problem is because we have small gap downside. We might reach channel next touch but be aware of the gap and market behaviour like we are teaching in our elite course. Potencial trade idea: Bulls targets: T1: 1.28974 T2: 1.29929 Bears targets: T1: 1.27548 NOTE – We are trading GBPUSD via the preferred trading setups Disclamer1: We have to wait for a currency pair to trade after news are reliased. This might be a short correction, or price will give us moving dirrection after news are reliased. Disclaimer2: Martin's views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don't publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course. ELITEFXACADEMY
Education
by EliteFxAcademy
AUDCAD – Buyers trending might be proven to highs these daysAUDCAD – Buyers trending might be proven to highs these days Trend: Strong Buy Support/Resistance: R3: 0.91447 R2: 0.91023 R1: 0.90719 S1: 0.90522 S2: 0.90224 S3: 0.89947 Price action: This case is showing very strong momentum versus lazy sellers. From last week price action was high to 0.912 level, where is going following price if it the price can break and hold above level 0.90719. Follow targets too. Potencial trade idea: Bulls targets: T1: 0.91023 T2: 0.91447 Bears targets: T1: 0.90224 NOTE – We are trading AUDCAD via the preferred trading setups Disclamer1: We have to wait for a currency pair to trade after news are reliased. This might be a short correction, or price will give us moving dirrection after news are reliased. Disclaimer2: Martin's views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don't publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course. ELITEFXACADEMY
Education
by EliteFxAcademy
[b]GBPAUD – Following Gbp trending is still showing performance GBPAUD – Following Gbp trending is still showing performance to buy this pair. Trend: Buy/ Neutral Support/Resistance: R3: 1.89290 R2: 1.88062 R1: 1.86018 S1: 1.86018 S2: 1.84966 S3: 1.83158 Price action: Price is headed from lower perspective sell, but last daily candle from buyers have been well defensed, even if they didn't push price that high. If the price will continue from level 1.87158, then we are going long position. If price will hold below 1.86018 level, then sellers might push lower, to test buyers supports Potencial trade idea: Bulls targets: T1 = 1.88062 T2 = 1.89290 Bears targets: T1 = 1.84966 T1 = 1.83158 NOTE – We are trading GBPAUD via the preferred trading setups Disclamer1: We have to wait for a currency pair to trade after news are reliased. This might be a short correction, or price will give us moving dirrection after news are reliased. Disclaimer2: Martin's views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don't publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course. ELITEFXACADEMY
Education
by EliteFxAcademy
[b]AUDUSD – Sellers came in the game.[/b]AUDUSD – Sellers came in the game. Trend: Sell/ Neutral Support/Resistance: R2: 0.68826 R1: 0.68582 S1: 0.68362 S2: 0.68089 Price action: In this case you can see up trend. The problem is because of last daily sell, which was psychologically too hard for buyers. We'll see in common days if buyers are enough good to push the price higher. If not then we can sell position, but very carefully. Potencial trade idea: Bulls targets: T1: 0.68826 Bears targets: T1: 0.68362 T2: 0.68089 NOTE – We are trading AUDUSD via the preferred trading setups Disclamer1: We have to wait for a currency pair to trade after news are reliased. This might be a short correction, or price will give us moving dirrection after news are reliased. Disclaimer2: Martin's views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don't publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course. ELITEFXACADEMY
Education
by EliteFxAcademy
[b]USDJPY – USD potenicial buy[/b]USDJPY – USD potenicial buy Trend: Strong Buy Support/Resistance: R3: 111.068 R2: 110.240 R1: 109.718 S1: 108.969 S2: 108.647 S3: 108.325 Price action: We've been same in this trade from previous week because of buyers good momentum. The end of week end up at great position for potencial buy side. If something will change then follow risk management rules from elite strategy lessons. Potencial trade idea: Bulls targets: T1 = 109.718 T2 = 110.240 T3 = 111.068 Bears targets: 108.325 NOTE – We are trading USDJPY via the preferred trading setups Disclamer1: We have to wait for a currency pair to trade after news are reliased. This might be a short correction, or price will give us moving dirrection after news are reliased. Disclaimer2: Martin's views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don't publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course. ELITEFXACADEMY
Education
by EliteFxAcademy
[b]USDCHF – USD pair is showing positivity over market[/b]USDCHF – USD pair is showing positivity over market - Trend: Buy/ Neutral Support/Resistance: R3: 1.00704 R3: 1.00280 R2: 1.00094 R1: 0.99750 S1: 0.99491 S2: 0.99040 Price action: In this case, when buyers will break first resistance, it is important to follow steps as correction and momentum flow before buy is confirmed. We are positive for buy in this case, but after our strategy will prove timing and risk management. Potencial trade idea: Bulls targets: T1 = 1.00094 T2 = 1.00280 T3 = 1.00704 Bears targets: T1 = 0.99040 NOTE – We are trading USDCHF via the preferred trading setups Disclamer1: We have to wait for a currency pair to trade after news are reliased. This might be a short correction, or price will give us moving dirrection after news are reliased. Disclaimer2: Martin's views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don't publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course. ELITEFXACADEMY
Education
by EliteFxAcademy
[b]USDCAD – Buyers might continue way higher.USDCAD – Buyers might continue way higher. Trend: Strong Buy Support/Resistance: R2: 1.32951 R1: 1.32696 S1: 1.32111 S2: 1.31854 Price action: In this case, buyers did a great job from previous week. The good news are that, they've already broken important levels to prove USD positive signs. If buyers will contunue way up, then we are following next targets. In case buyers will relay for a while, then they'll left sellers to bring price to test support area. Potencial trade idea: Bulls targets: T1 = 1.32696 T2 = 1.32951 Bears targets: T1 = 1.31854 NOTE – We are trading USDCAD via the preferred trading setups Disclamer1: We have to wait for a currency pair to trade after news are reliased. This might be a short correction, or price will give us moving dirrection after news are reliased. Disclaimer2: Martin's views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don't publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
by EliteFxAcademy
GOLDUSD – As following USD pair, Gold might be lowerGOLDUSD – As following USD pair, Gold might be lower Trend: Sell/ Neutral Support/Resistance: R2: 1477.05 R1: 1459.38 S1: 1444.08 S2: 1433.86 Price action: Gold is contraverse from Usd pair. Nothing is proved yet that gold can go that deep. First is important to follow lower timeframe to get facts from our Elite strategy and also news statement. Gold is now showing potencial sell. Potencial trade idea: Bulls targets: T1 = 1477.05 Bears Targets: T1 = 1444.08 T2 = 1433.86 NOTE – We are trading GOLDUSD via the preferred trading setups Disclamer1: We have to wait for a currency pair to trade after news are reliased. This might be a short correction, or price will give us moving dirrection after news are reliased. Disclaimer2: Martin's views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don't publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
FX:XAUUSDEducation
by EliteFxAcademy
XAUUSD – Gold started showing sellers results strongerXAUUSD – Gold started showing sellers results stronger Trend: Sell/ neutral Support/Resistance: R2: 1510.49 R1: 1477.05 S1: 1464.71 S2: 1444.08 Price action: Gold started showing sellers results stronger. Buyers didn't rebounce much, which means that sellers have advantage from previous daily close. If the price maintain below 1464.71 level, then sell will continue. But because it is friday, it is unneccessary that the price will move much. Potencial trade idea: Bulls targets: T1: 1477.05 Bears targets: T2: 1444.08 NOTE – We are trading XAUUSD via the preferred trading setups ELITEFXACADEMY
OANDA:XAUUSDEducation
by EliteFxAcademy
AUDCAD – Buyers trending caught between daily channelAUDCAD – Buyers trending caught between daily channel Trend: Strong Buy Support/Resistance: R3: 1.09128 R2: 1.08901 R1: 1.08635 S1: 1.08206 S2: 1.07998 S3: 1.07798 Price action: Buyers are showing strong performance. From previous day price touched high level and rebounded from overall daily channel. Price did a faker but still might go long position, because daily candle was closed above 1.08206 level. Potencial trade idea: Bulls targets: T1: 1.08635 T2: 1.08901 T3: 1.09128 Bears targets: T1: 1.07998 T2: 1.07798 NOTE – We are trading AUDNZD via the preferred trading setups  ELITEFXACADEMY
Education
by EliteFxAcademy
USDJPY – Buyers became leaders at the momentUSDJPY – Buyers became leaders at the moment Trend: Strong Buy Support/Resistance: R2: 110.295 R1: 109.718 S1: 109.049 S2: 108.803 S3: 107.787 Price action: In this trade idea, you can see how buyers were pushing price without any swing/denial by sellers. Actually buyers break sellers, before sellers were able to handle position at level 108.803. So buyers has to maintain above first support level at 109.049, to lead price higher to next Bulls targets. Potencial trade idea: Bulls targets: T1: 109.718 T2: 110.295 NOTE – We are trading USDJPY via the preferred trading setups ELITEFXACADEMY
Education
by EliteFxAcademy
GBPCAD – Buyers to test higher high firstGBPCAD – Buyers to test higher high first Trend: Buy/ Neutral Support/Resistance: R2: 1.72171 R1: 1.70660 S1: 1.68964 S2: 1.67298 Price action: Price action give us information about flow of the market and understanding psychology of the market. So this trade is handling with buyers channel, which meand buyers are stronger in this case then sellers. On the other side, sellers were tested buyers power, which gives us a bit risky information about this trade. But because we know Gbp currency market is very powerfull at the moment, we can see potencial target to the last Higher High level at 1.70660. If we break this level, then next target is higher at 1.72171 level. If buyers are not ready for that strong try, then sellers will maintain price around support level at 1.67298. Potencial trade idea: Bulls targets: T1: 1.70660 T1: 1.72171 Bears targets: T1: 1.67298 NOTE – We are trading GBPCAD via the preferred trading setups ELITEFXACADEMY
Education
by EliteFxAcademy
EURGBP – Sellers trending might continue soonEURGBP – Sellers trending might continue soon Trend: Strong Sell Support/Resistance: R3: 0.87143 R2: 0.86645 R1: 0.85998 S1: 0.85402 Price action: We are waiting for holding price below new resistance level at 0.85998. If price will bunce from this level, we can see bears targets to 0.85402. If buyers are able to break resistance level at 0.86645, then they might continue to 0.87143 resistance level. Potencial trade idea: Bulls targets: T1: 0.87143 Bears targets: T1: 0.85402 NOTE – We are trading EURGBP via the preferred trading setups ELITEFXACADEMY
Education
by EliteFxAcademy
EURAUD – Sellers trending is on the way and the reason could be EURAUD – Sellers trending is on the way and the reason could be Trend: Strong Sell Support/Resistance: R3: 1.61423 R2: 1.61139 R1: 1.60770 S1: 1.60108 S2: 1.59538 Price action: From previous day sellers led and give us a reason to sell even more, but the price has to hold below resitance level at 1.60770. Sellers targets are next to first and lower to second buyers support where buyers might give us information about their next move. If the price change first resistance level to support, then buyers might test second resistace level at 1.61139. Potencial trade idea: Bulls targets: T1: 1.60770 Bears targets: T1: 1.60108 T2: 1.59538 NOTE – We are trading EURAUD via the preferred trading setups ELITEFXACADEMY
Education
by EliteFxAcademy
GBPCHF – Buyers might go forward to test high levelsGBPCHF – Buyers might go forward to test high levels Trend : Strong Buy Support/Resistance: R3: 1.31376 R3: 1.30305 R2: 1.28878 R1: 1.28184 S1: 1.27813 S1: 1.26778 Price action: In this range market flow is caught into range flow, which is undecisional spot. Once buyers and sellers show the right timing, we'll know who's gonna continue. I have positive look to buy Gbp if buyers are able to hold above first resistance and then they have to break second target to reached new high levels. Potencial trade idea: Bulls targets: T1: 1.28878 T2: 1.30305 T2: 1.31376 NOTE – We are trading GBPCHF via the preferred trading setups by EliteFxAcademy
Education
by MP4
EURCAD – Sellers trending continuationEURCAD – Sellers trending continuation Trend: Sell/Neutral Support/Resistance: R2: 1.45330 R1: 1.44905 S1: 1.44756 S2: 1.44357 S3: 1.44205 Price action: This case might be for amaterur very tricky. As you can see buyers didn't give us reaction, so the next target for sellers is recent Lower Low and might be even deeper to 1.44357 level. Potencial trade idea: Bears targets: T1: 1.44357 NOTE – We are trading EURCAD via the preferred trading setups by EliteFxAcademy
Education
by MP4
Buy action continue to higher levelsTrend: Strong Buy Support/Resistance: R2: 0.63875 R1: 0.63660 S1: 0.63363 S2: 0.63103 Price action: Bulls from previous week still didn’t stop because the weekly candle from previous week just started move up stronger. Following momentum from previous days is showing potencial channel continuation. Potencial trade idea: Bulls targets: T1: 0.63660 T2: 0.63875 Bears targets: T1: 0.63363 NOTE – We are trading NZDCHF via the preferred trading setups by EliteFxAcademy
Education
by MP4
1
GBPJPY – Following Gbp trending is showing performance to buy thGBPJPY – Following Gbp trending is showing performance to buy this pair Trend: Strong Buy Support/Resistance : R3: 145.741 R2: 143.270 R1: 140.699 S1: 137.820 Price action: Price hold above trending flow, which will first test Higher High levels and then we'll see if Yen currency will deny again. Buyers are enough confidant to continue trending flow in buy way, but still depending on sellers answer retracement. Potencial trade idea: Bulls targets: T1 = 140.699 T2 = 143.270 T3 = 145.741 NOTE – We are trading GBPJPY via the preferred trading setups by EliteFxAcademy
Education
by MP4
GBPAUD – Bears hasn't react yet, so daily analysis will show us GBPAUD – Bears hasn't react yet, so daily analysis will show us if sellers are ready to react very strong Trend: Strong Buy Support/Resistance: R4: 1.97145 R3: 1.94481 R2: 1.90087 R1: 1.88622 S1: 0.86416 S2: 0.84203 Price action: This currency pair is currently is strong trending, which is headed to new higher highs. Gbp currency recover from fundamental reasons. Tehnically has to confirm resistance level at 1.88622 to hold above and continue to Higher High level at 1.90087. If buyers will show their performance much stonger, then we might see all target levels. Potencial trade idea: Bulls targets: T1: 1.90087 T2: 1.94481 T2: 1.97145 NOTE – We are trading GBPAUD via the preferred trading setups by EliteFxAcademy
Education
by MP4