Traders, UK100 (FTSE 100) has been one of the best indices to trade in recent weeks and months as it has given us several opportunities both long and short side. But the bias has always been towards the long for path few months. Now that it has hit 7000 level, it has started to show some correction and this can continue to fdew lower levels as shown in the chart...
Traders, Gold has been beautiful last week when it reached out targets. There were great opportunities on smaller time frames too for day trading and scalping opportunities last week. Gold has been absolutely fascinating to trade since March 2020. 1. Predicted a fall from 2070 level to 1680 which was reached this year. 2. Went long from 1681 and targeted 1762...
Traders, USDollar took a nose dive last week and part of it was expected during our analysis. It is now forming an M FCP (Fibonacci confluence pattern) which can push the price higher. There are few very good factors which are pointing towards bullish dollar. So When To Buy Dollar Again? Lets find out in this Analysis Forecast & Trading Plan For Dollar (DXY)...
Traders, DXY fell as expected last week but it now holding a level nicely. We must watch the opening next week and see if it can push back to the upside once again. Watch the previous analysis to see the background of this analysis. Dollar is important for market forecast. USDOLLAR's strength drives all markets directly or indirectly. Rules: 1. Never trade...
Traders, As DXY is picking up strength, EURUSD and other similar pairs such as GBPUSD, AUDUSD, USDCAD and USDCHF can give give us very good opportunities. If you have not seen the DXY analysis for the USDOLLAR, it is a must thing to do. Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and...
Traders, these are the GBPUSD target levels and zones that I am watching. Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and research too ✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums. ✅ Follow me for future ideas, trade set ups and the...
Traders, Gold has always been very good with our FCPStrategy. Last week it came back to our 1681 area which we identified in August 2020. Now because that levels is important, it started to form a double bottom. Beware of that double bottom. That may lead traders in to the thinking that gold has bottomed. But there can be a final downward move to collect the stop...
Traders, Dollar (DXY) has been rising since the start of this year. This was expected because it hit the FCP and demand zones. On multi year time frame it is running inside a channel which can push this upto mid of the of the channel around 95.5/96 area. As FCP W pattern has formed, we expect dollar to give us some correction which can give us good short...
Traders, further to my analysis over the weekend, this is an update on Gold (XAUUSD) using FCP Analysis technique. Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and research too ✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums. ✅ Follow me...
Traders, here are the Latest Updates On DXY, GBPUSD, EURUSD, AUDUSD and USDCAD using FCP Analysis (Fibonacci Confluence Pattern) analysis strategy. Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and research too ✅ If you found this idea useful, hit the like button, subscribe and share it in...
Traders, DXY has been bullish since it hit 89.89 level which we predicted in August 2020. Since then the progress has been slot but stead as well. Now DXY can look for a minor correction just to support the previous bearish move down. Remember we are in a corrective phase at the moment so the market will try to resume the bearish momentum at least once more. So...
Traders, we have seen the effects of dollar rising last week when stock markets (nasdaq, snp500, us30), cryptos (bitcoin, ethereum and others) and precious metals (gold and silver) also started to tumble. Even RESLA started to come down too. This is because of the fact that most markets are dependent on dollar. Against the general perception that dollar will die...
Traders, watch out for this complex head and shoulders patter on UKOIL (Brent). This is inline with the analysis that I posted few days ago. Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and research too ✅ If you found this idea useful, hit the like button, subscribe and share it in other...
Traders, These are the zones and levels which can be important in bitcoin's journey upwards. If these zones and levels are not broken then it can fall further down. Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and research too ✅ If you found this idea useful, hit the like button, subscribe...
GBPAUD has reached the FCP zone on weekly TF, it also confluences with another FCP zone in 4hr TF. It has started to show some bearish indications (rejection from monthly 61.8 fib level), a possible short trade is foreseen. If you do like this idea, please hit the like button to support me. Disclaimer: This is not a signal, this analysis is for educational...
Traders, DXY (Dollar Index) represents the strength of the dollar against major currency pairs. But it is more than that. Nearly all financial markets are so far dependent on the usdollar directly or indirectly. That means if dollar moves up and down nearly all markets including indices (us500, dow jones etc.) , cryptos (Bitcoin, ethereum etc.), commodities (gold,...
Traders, On the higher timeframe, UKOIL is reaching an FCP zone and is looking overstretched. It can take correction from this FCP (Fibonacci Confluence Zone) all the way max down to 50 dollars. Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and research too ✅ If you found this idea useful,...
Traders, here are the latest updates on EURUSD, AUDUSD and GBPUSD. Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and research too ✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums. ✅ Follow me for future ideas, trade set ups and the updates...