Dowjones - 15 minIn The Dow Jones Index, wave 1 and 2 are completed and ready for heavy fall for wave 3. With the wave floor being struck, a fall is stabilized
Forex_signals
GBPJPY is on Bull Trend from Past 2 weeksOverall, GBP/JPY is trending upwards. Recently, GBP/JPY trended into the resistance zone of 156.000.
UK banks will be closed today in observance of New Year’s Day. Expect lower trading volume and volatility during the usual UK market hours.
Currently, GBP/JPY is testing the resistance zone of 156.000 and the next support zone is at 151.800.
Look for buying opportunities of GBP/JPY if it breaks the resistance zone of 156.000.
Forex Update for 30.12.2021Hello everyone, as we all know the market action discounts everything :)
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The dollar rose in Asia on Thursday morning, but it remained near the low end of its previous range, as did the Japanese yen. However, movements remained minor due to holiday-thinned trading and as concerns about the omicron COVID-19 version dissipated.
The US Dollar Index, which measures the greenback against a basket of other currencies, had risen 0.01 percent to 95.935.
The US dollar was bolstered by rising US Treasury yields, with benchmark 10-year yields reaching 1.56 percent on Wednesday, the highest since Nov. 20, 2021.
After plunging to a one-month low of 115.03 on Wednesday, the USD/JPY pair gained 0.08 percent to 115.03.
The AUD/USD pair increased 0.19 percent to 0.7261, while the NZD/USD pair increased 0.22 percent to 0.6845.
The USD/CNY pair rose 0.02 percent to 6.3692, while the GBP/USD pair rose 0.04 percent to 1.3491.
The Turkish lira was trading at 12.6 per dollar in emerging markets after falling 6.9 percent on Wednesday. The lira has lost 40% of its value in 2021 thus far, but it gained more than 50% last week as a result of state-backed market interventions.
Turkish Finance Minister Nureddin Nebati said on Wednesday that the lira's present volatility was not cause for concern and that it would return to normal levels.
Despite a surge in COVID-19 cases worldwide as omicron spreads, investors' risk appetite increased as many governments refrained from lockdowns.
According to figures from Johns Hopkins University, the global case count surpassed 284 million as of December 30.
Other investors, however, cautioned against reading too much into the changes, since trades remained light as the year came to a close.
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 !!
Thank you for reading.
AUDUSD moved into the 0.71500As discussed in the earlier post, i had 2 scenarios for this pair. After the liquidity grab below the lows and moving back in, the price remained above and started heading into the upside. The price as discussed reached into the 0.71500 region as discussed and can find some resistance at this point.
EURNZD SHORTS 📉📉📉Expect bearish price action over there as price takes out liquidity above old highs+weekly high and 1.68000 as a psycho barrier for the price and then quickly reverse to the downside, we should go below old lows of the accumulation. RISK ON in the markets right now as indexes and crypto rise this could make this chart to go lower
REMEMBER ONE THING - Smart Money sell above the high Dumb money sell at high
What do you think ? Comment below..
Aussie 2 scenario possibilityIf the low breaks that we are currently trading at, the price has the potential into falling down into the 0.70500 region where it will find a support. If the price fails to break i will be looking at 0.71500 as the next region of resistance and where it could reach.
GBPJPY LONGS 📉📉📉Expect bullish price action on GJ price is right now rejecting an important area of supply POC area x2 + bullish orderblocks + bullish imbalances filled. I expect price to take out today the asian highs but it all depends on the volatility because its friday.
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AUDUSD Bullish ContinuationFollowing from yesterdays analysis, the price moved to the upside however didnt go into the buy zone i hoped for. As for today we can see we have a zone of interest we are trading within now. However its best to wait till the EUR/LND open to see the draw of liquidity before entering. The black line is my confirmation once the price crosses above it after completing the grab.
EURGBP SHORTS UPDATE ✅✅✅ Price is taking out liquidity on the trendline, expect bearish price action on this currency pair. LES GO
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AUDCHF SHORTS 📉📉📉Expecting short entries on this area as price closed bearish imbalance on m30 and rejected a bearish orderblock on M30, also price took out liquidity above trendline that means market is due for a selloff.
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USDRUB SHORTS 📉📉📉I know this is not the most common currency trading pair to trade but i see there a lot of technical reasons to entry, we are in a bearish market structure on a D1/H4 TF, could expect shorts if price is rejecting bearish orderblock + psychological level 74.000 with targets below trendline liquidity around 60.
Be aware if you take SHORTS there the SWAP IS GREEN
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EURGBP SHORT ✅✅✅ EG should make a selloff from this area as price took out liquidity above 0.85500 and have a lot of bullish imbalances to fill, we have a failure swing high that means bulls are losing momentum and bear are gather momentum.
What do you think ?? Comment below..
GBPJPY SHORTS ✅✅✅ Price made a lot of liquidty on trendline area, we rejected a bearish orderblock h1 and filled a bearish imbalance. We are in a RISK OFF market environment and JPY should be BULLISH
What do you think ?
CADCHF SHORTS UPDATE 📉📉📉We are currently 4R UP, we have strong bearish momentum in play on this chart. I would leave my take profit into bearish orderblock area on h4. Just wait and be patient there is no rational reason to close the shorts
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GBP/USD update with another entry added- This is an educational content that will give you some ideas and also teach why and how to enter a trade with pure price action
Make sure you watch the price action closely in each analysis.
Note: This analysis is not an investment advice it will only give you some ideas on the charts.
CADCHF SHORTS 📉📉📉I expect bearish price action on this pair as price is rejecting a bearish breaker on a m30 and filling the bearish imbalance h4, we are in a bearish market strucuture on a HTF.
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DXY big move loading...There is a BIG MOVE LOADING on USD chart. We have an accumulation area from 26 November that means the smart money are not taking serious positions due FOMC this week. The price should explode to the upside or downside on the FOMC release be carefull.
Also the retail heard is SHORTING USD so that means the change of being bullish there is more than bearish
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AUDJPY SHORTS 📉📉📉Price took out liquidity above 81.500 where a lot of retail stops resided. We made a failure swing high that means bulls dont have momentum and bears gather momentum, i expect JPY to be strong this week. I would like to see there a strong bearish momentum candle on h4 CLOSED that means bears took 100% control.
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AUDCHF SHORTS 📉📉📉Price should start the selloff from this area as liquidity has been taken above 0.66000 where a lot of stops resided. Rejected a nice orderblock bearish h4 area ( resistance) and confirmed with a strong bearish momentum, we have as well a trendline liquidity area where a of traders put their stops and price should go there, i target 4-5R on this trade.
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GBPAUD LONGS 📉📉📉Expect the price to make a bull run there, we made a failure swing low that means bears lose in momentum and bulls gather in momentum. Rejected a D1 imbalance area with a daily closure, a lot of bearish imbalances that should be filled this week, i wait for a h4 bullish candlestick confirmation for further upside
What do you think? Comment below..
