🏛EUR_JPY SWING ANALYSIS🔥
🏛EUR_JPY is trading in a rising channel
And after the recent breakout of the minor horizontal resistance
Is headed to the next key level around 133.000
I think we will see a pullback from the level
And, IF the channel breaks, we will see EUR_JPY retest 127.000
LONG TILL RESISTANCE🚀
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AUD-NZD Will Go Down! Sell!
Hello,Traders!
AUD-NZD is trading below a resistance cluster
Formed by the horizontal level
And the falling resistance line
Now, we can see that the pair is retesting this level
And I think we will see a move down
To retest the previous local lows
Sell!
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USD-CHF Bearish Bias! Sell!
Hello,Traders!
USD-CHF broke the strong daily support level
After bouncing off the strong weekly falling resistance
Which makes me overall bearish on the pair
Thus, as the price is moving higher to retest the resistance confluence
I think that once retested, the pair will fall
At least to retest the breakout lows
But further move down is possible too!
Sell!
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EURJPY H4 - Long Trade SetupEURJPY H4 - Euro has seen some quite significant weakness so far this week, pulling downside back within our range box consolidation areas.
It would be good to see a two stage reversal on support. Buying from support would compliment out first rule. 2 stage reversal would be a perfect confirmation after such a sequential bearish trend too.
Triple Top Formation on GBP/USD 15M - 125 Pip MoveSimple technical analysis on Cable today.
Price tested 1.37 three separate times (a whole psychological level) and rejected all three times. Price has moved 125 pips to the downside. Combining key psychological levels with double and triple tops is a powerful trading confluence.
We also have fundamental news with Boris Johnson to outline further lockdown steps at 20:00 GMT tonight.
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EURJPY H4 - Long Trade SetupEURJPY H4 - Little reaction from 125.400 support region, bounced 20 pips in quite quick succession, if support holds this may be something we look to buy. Not entirely sure of the EUR still, seemed to have lost a little ground since market open on Sunday, but not near as much as GBP pairs. If support holds a while on EURJPY and EURUSD (1.18 support) we could possible look to buy if we haven't missed the boat here.
GBPJPY H1 - Short Trade SetupGBPJPY H1 - Off the back of the BOE members speeches earlier on today and comments from Barnier, GBP has been losing a bit of ground, simply looking for a clean break of support and subsequent retest so we can look to grab short orders inline with the reversed trend, again, if this unfolds, this will be something we look to personally trade and will look to signal.
DXY H4 - Short SetupDXY H4 - This week ended being quite choppy after FOMC and jobless claims data. Broken and retraced back into a big trading zone with threw things a little for me. If we can break support again, we could classify that previous recovery back above into that 92.60 resistance a fake out and data fuelled, something short lived which couldn't hold, expecting support to break again sooner or later and USD weakness to resume.
EURUSD H4 - Long Trade SetupEURUSD H4 - Seen some consolidation on this 1.19 handle since we tie in with our previous resistance highs. We could see some market relief, to correct this recent bull run, but I think we should break resistance at some point and trade above 1.19. DXY is on support, anticipating DXY support to break, but as mentioned, we may see a mild bounce/correction first, before breaking on attempt #2
USDJPY | Technical | Price prediction | fxCROWNWe have here a very strong support level. So I'm not thinking about a sell.
My technical mastermind tells me it is a nice opportunity to buy after breakout this diagonal line.
Do not risk your real money for any shared trading idea here. Be sure of your money.
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