Forex_signals
GBPJPY SHORTS INTRA-DAY 📉📉📉 Price reject a bearish orderblock area on H1/M30 TF, we are in a bearish market structure. Yesterday price made the BOS bearish that signs that we are in a bearish move and right now should expect another leg to the downside, we have also some imbalances bullish that should be filled.
LETS GO
AUDCHF SHORTS 📉📉📉Price is in a bearish market structure on a HTF premise, we should make another leg to the downside. Price is rejecting right now a bearish orderblock on h4 a important area of ,, resistance ,, if you will price left a lot of bullish imbalance that should retrace price lower.
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AUDUSD SHORTS 📉📉📉Expecting short opportunities on AU, price took out liquidity above 0.71000 and right now should make another leg to the downside. We are in a bearish orderblock h4 area as well that acts like a ,, resistance ,, for the price.
USD is very strong due fundamental reasons.
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Forex Update USD/GBP/AUD/NZD/JPY/CNYHello everyone, as we all know the market action discounts everything.
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The dollar rose in Asia on Tuesday morning as fears about the omicron COVID-19 version began to fade.
The US Dollar Index, which compares the dollar against a bundle of other currencies, fell 0.9% to 96.245.
The GBP/USD exchange rate rose 0.15 % to 1.3284.
Support & Resistance points :
support Resistance
1) 1.3249 1) 1.3271
2) 1.3237 2) 1.3281
3) 1.3227 3) 1.3293
the AUD/USD pair went up 0.37 % to 0.7075 after the Reserve Bank of Australia maintained its interest rate at 0.10 percent earlier in the day.
Support & Resistance points :
support Resistance
1) 0.7086 1) 0.7102
2) 0.7076 2) 0.7108
3) 0.7070 3) 0.7118
The NZD/USD exchange rate rose 0.19 % to 0.6763.
Support & Resistance points :
support Resistance
1) 0.6761 1) 0.6772
2) 0.6755 2) 0.6775
3) 0.6751 3) 0.6782
The USD/JPY exchange rate rose 0.19 % to 113.68.
Support & Resistance points :
support Resistance
1) 113.62 1) 113.72
2) 113.58 2) 113.78
3) 113.53 3) 113.81
The USD/CNY pair fell 0.07 % to 6.3712. Chinese data released earlier in the day indicated that exports increased by 22% year on year in November, while imports increased by 31.7 % year on year. The trade deficit was $71.72 billion.
Support & Resistance points :
support Resistance
1) 6.3644 1) 6.3676
2) 6.3633 2) 6.3697
3) 6.3612 3) 6.3708
The Reserve Bank of Australia left rates at a record low but said Omicron was not expected to derail the economy's recovery.
"Although there is still a lot of uncertainty over Omicron's health and economic impact, investors have embraced news from South Africa suggesting the exponential rise in Omicron infections has not been followed by a big wave in hospitalizations," NAB strategist Rodrigo Catril told Reuters.
Early investigations in South Africa indicate that those infected experience comparatively minimal symptoms as compared to earlier viral waves. Anthony Fauci, the top infectious disease authority in the United States, also stated that it did not appear to be very serious.
Meanwhile, pressure on the euro has continued as bets on US interest rates rising far ahead of those in Europe have firmed. The common currency recovered from Monday's losses to trade at $1.1291 on Tuesday.
Fed funds futures have priced in more than two full rate rises in the United States next year, beginning in May. Treasury rates climbed slightly on Monday, extending the day's gains over the yield curve.
Aside from Omicron, central banks are being scrutinized. The Bank of Canada meets on Wednesday, and markets anticipate that it will set the stage for rate hikes next year. The Federal Reserve, the Bank of England, the European Central Bank, and the Bank of Japan will all meet next week.
This is my personal opinion done with technical analysis of the market price and research online from Fundamental Analysts and News for The Fundamental point of view, not financial advice.
If you have any questions please ask and have a great day !!
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USDCHF SHORTS📉📉📉Price took out liquidity above buy side liquidity area (bsl) a area where a lot of retail sellers put their stops and quickly reversed with a closed bearish high momentum candlestick, we should see bearish price action from this moment as the retail heard is LONG on this pair.
CHF is very strong as i said during those RISK OFF times.
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AUDCHF SHORTS 📉📉📉Expect the price to drop from this area as we are in a bearish market structure on a HTF analysis, price filled a bearish imbalance on h4 and make a huge liquidity spike that probably took out sell stops above that area and take profit area,price rejected orderblock area ,, resistance ,, and right now we should see another leg to the downside.
CHF is very strong during those RISK OFF times .
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GBPCHF SHORTS 📉📉📉Expect the price to drop from this area as we have a bearish market structure on a HTF and price rejected a bearish orderblock on h1 confirmed it with a high momentum bearish candle close, i want to see another leg to the downside on this currency pair. CHF is very strong during those times.
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CHFJPY SHORTS IN PLAY 📉📉📉As i told you in the previous post i took the short from orderblock + imbalance area on CHFJPY, right now we have 1.7R in profit, i expect the price to go way below sell side liquidity area that is the trendline liquidity and then collapse to 112.000 where a lot of buyers stops are.
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GBPUSD SHORTS INTRA-DAY 📉📉📉Expect a short-term entry over there, price closed bearish imbalance on h1 and rejected with bearish confirmations, we are in a bearish market structure on a HTF. Retail heard are trapped long in this pair that means we will only look for sells.
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DXY LONGS 📉📉📉Expect bullish price action on USD INDEX, price just made a return to the orderblock h1 filled the imbalance bullish, break the structure on the H1 TF from bearish into bullish. Targets are above 97.000
Look for buys on usdxxx pairs
Look for shorts on xxxusd pairs
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GBPUSD SHORTS 📉📉📉Expect bearish price actionon this pair price rejected bearish orderblock h1 and filled a bearish imbalance, market sentiment shows us that retail heard are LONG on this pair that means we will look only for shorts. I target sell side liquidity below old low.
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AUDUSD SHORTS 📉📉📉Price should start the selloff over there, AU just took out liquidity above BSL and 0.71500 we have a bearish candlestick on h4 closed that signs a potential move downside. Market Sentiment gives us a strong sell signal over there because the retail heard is around 74% LONG on this pair
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GBPAUD LONGS 📉📉📉Expect LONGS on this pair, we have bullish market strucuture on a HTF. Price just filled the h4 imbalance and rejected with bullish momentum over there, expect to reach 1.88000 / 1.89000. SSL ( sell side liquitiy ) has been raided liquidity was taken out where possible market makers entered LONGS.
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EURCAD SHORTS RISKY 📉📉📉Risky entry there, price took out all the buy side liquidity taking out stops on old highs ,,retail resistance,, and also took out stops on weekly high rejecting exactly from 1.45500 psychological area, price left a lot of imbalances bullish that should magnetize price back above 1.43000 / 1.42000.
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EURUSD SHORTS 📉📉📉Expect bearish price action over there, price is trading right now near a important sell area on D1 TF. We are in a bullish market structure on a HTF, price filled all the imbalances on its way up and left big imbalances bullish that will tend to fill later time, we also took the previous weekly high where a lot of liquidity lies.
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