GOLD LONGOn the daily it is testing the 8 MA and broke out of the yellow support region. Expecting further push upwards with a very tight sl.
Forex-analysis
EURUSD_4h_Go Long then Go Short_more than 1 %for now you can go long
when it touches the resistance go short
TARGETS ACHIEVED!WELL, WELL, WELL!
OUR TARGETS WERE ACHIEVED.
Truth be told guys, I actually got out of this trade a lot earlier than I should have.
Our zones of 82.000/81.000 were shot through!
If you were successful in trading this pair, message me and let me know what you were thinking!
Remember guys, keep pushing and keep striving!
Thanks for watching!
A long position on this pair is possible, however we'll see!
STAY TUNED!
GBPNZD Short Everything is written within the chart, all confluences applies, either take the trade or wait for a more define signal
Inverted SHS on 4H chartWe have a strong momentum to the upside and daily candle close near 1.1500, I think if the price will manage to stay above 1.14 we can see another retest of the top and posible break out to the uspide. So far from the technical side I see a short term bullish reversal.
GBPJPY trading idea sharing thoughtsGBPJPY trading idea sharing thoughts. this is my trading ideas on whats about to happen with GBPJPY hope you like it and give me your thoughts!
I would expect an increase in EUR / USDIn the next few days, would expect an increase in EUR / USD. As the USD index is down, it seems that it will happen. However, if it's shown in the diagram, it's more glaring.
USDJPY FREE PIP GIVEAWAY?I see a monthly falling wedge pattern, and a nice single candlestick reversal formation at a key monthly supply zone signaling a possible reversal. Taking out my fibs from low to high I get some confluence at the monthly 110 zone most likely a 61.8 retrace and shoot up giving us about 600-1000 pips.
AUDCHF short on the hourly rejection candleI actually published a trade idea on this pair before, but off of the weekly time frame where the trade held resisted over on the weekly time time frame. However, I did want to scale into this trade as I was not able to catch this trade right at the weekly resistance. Seeing this hourly time frame, we can observe a rejection bar that signals this pair will most likely swing low once again.
EUR/USD - Bullish view!it touched the bottom of trend line, and a key support & resistance area. First target is a little below the second support & resistance area. If you want, you can let the trade run to the trend line above. But make sure that your stoploss is at breakeven and it is showing that it wants to go to the upside.
Happy trading!
DXY/USDOLAR BEARISH HEAD AND SHOULDER DXY/USDOLLAR breakout of head and shoulder (H/S) pattern where price has broken and retested broken neckline to continue bearish with stoploss at 94.86, takeprofit1- 93.39, 93.13, 92.21 and a 1/2.7 R:R RATIO (190pips) price also moving in bearish channel where further breakout of channel confirms bearish H/S scenario. GOOD LUCK
NZD/CAD TO FALL IN THE COMING WEEKS
In its last Interest rate statement, the Reserve Bank of New Zealand, stated that it expects to keep interest rates at a record low for another two years as the outlook for economic growth weakens. According to a
Bloomberg Report, the Central has said that the chances for a rate cut has
increased.
This has caused the New Zealand dollar to become a less favorable currency for investors to invest in hence the recent drop of the currency against major currencies. On the other hand, today Canadian CPI beat expectations
which has increased the likelihood of the Bank of Canada to increase interest rates. Now comparing the two, we have a clear distinction between these two currencies.
The 1 Hour time frame for the NZD/CAD pair has it rising towards the 0.8680s which will probably serve as the point for reversal to target 0.85700 region.
AUDJPYAUDJPY had reached out target at the 80.8 level of support. It has since broken under and is not going back to retest the level. We will wait to see if it respects the level as resistance or breaks above.
DXY - BullishHere we have the DXY on the weekly, what we are looking for is a drive lower to push out the now 'Net Longs' and to put them offgurad and to attract short sellers into this market.
Next we next to see a higher low somewhere in the regions of the highlighted area, in order to look for SHORT opportunities in the likes of:
EURUSD
AUDUSD
GBPUSD
NZDUSD
OR by going long on the FXCM USDollar index.
This of course may not happen however this is something we are keeping a very watchful eye on for the next couple of months.
XAUUSD (Gold) Will price respect this level ??XAUUSD - here is my analysis on GOLD I am WATCHING the the 1240 price region which i have marked with a yellow support zone it
would be interesting to see what happens around this zone in the next couple of weeks.
i am looking to see if price can respect this zone and make its way back up - heres what else we would need to see in order for
that to happen check updates in comments section !
XAUUSD potential bullish movement over coming weeks Gold could very well continue to respect this long term uptrend with price likely to reach this region over the next week. Be patient and look for a strong reversal signal before entry.
