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Forexsignalservice

AUDUSD NEUTRAL BIASPrice have reached the top of a strong weekly range at the 0.7130 area ,i woudl say this is a critical area for this pair since it has been already 3 touches where price hasnt been able to to break and clsoe above indicazting a strong psychological level for sellers,so right now im waiting patiently for the following confirmations to go long or go short and thsoe are : 1. Reversal pattern below the mentioned area to go short 2. Daily clsoe below 0.7120 to confirm a new downdrend 3. Close above 0.7140 to go long Lets wait and see hwo the daily closes
by Forex_Society
USD CHF Analysis: Intraday Timeframe Bullish Chart PatternConclusion for today’s USD CHF Analysis: The USD CHF is expected to continue bullish momentum, and price should target ~1.01651. USD CHF analysis for today is carried out on an intraday (6 hour) timeframe. Over 11 months of price action is covered starting from February 16, 2018 to current date. A rising wedge is identified and helps as part of the process of providing context for price action for the duration mentioned above. A bullish flag is identified in the USD CHF with bullish price swing from January 10, 2019 to January 22, 2019 forming the pole and flag completed in 6 trading days (between January 22, 2019 and February 04,2019). Projection of the termination of the flag’s implication is shown by the red arrow i.e. the USD CHF is expected to target the upper boundary of its current wedge at ~ 1.01651. Price closing below 0.99093 invalidates the current USD CHF analysis.
Long
by Coin_Analyst
FOREX Trading Performance on trading view 16-21 DEC 2018Not a good trading week was difficult to judge but still profitable due to good trades after FED 9 trade charts posted only 5 profitable 4 losers oil was the best trade thought wouldn't break down but it did caught just in time, Gbpnzd and usdcad worst trades gbpnzd bounce of resistance but NZD had other ideas it was in bear market i was bullish on AUD, NZD, CAD coming into the week due to dollars weakness but i was completely wrong stop saved me USDCAD no sign of trend change i was trying to short serious carelessness and a big mistake on my part, really I not know how i came out profitable
by zahzahood
USDCHF WATCHING for a Sell...D1- Daily ChartDear Investors, First things first: THERE ISN´T A TRADING SIGNAL YET! Currently I´m watching USDCHF ... I would love to see a nice breakout of the red dottet line and than a reversal...OR..a few dominant bearish candles Please find further details on the chart. I´ll keep you updated if I´m entering this one. Hello Worthy Decide. Commit. Succeed. Wealth consists not in having great possessions, but in having few wants. --Epictetus I wish you success! Please support the setup with your likes, comments and by following on Tradingview thanks.
by HelloWorhty
EURUSD Technical Play: Fed Monetary Policy PrepEURUSD was boosted by Mario Draghi's remarks during Monday's session. The European Central Bank (ECB) governor expressed his content with wage growth and inflation but repeated rates may remain low beyond the summer of 2019. The trade tension between the US and China has been dominating the market for some time and it is expected to be the main theme in the Forex market until the end of 2018. Since 10th September EURUSD has been held in a bullish uptrend as evident from the 4hr chart. Selling on dips may have been a more appropriate strategy. Although the currency pair appears to be attempting to correct higher at the time of this writing it may struggle with the 4hr resistance (upper blue line). The 4hr uptrend is likely to lure many traders into EURUSD prior to the Fed monetary policy on Wednesday. The most likely outcome is a whipsaw reaction in an effort to clear stops below and above the trendline. Based on our analysis there is a greater risk for moderate dip lower, the entry price may be more appropriate at a higher level (near the 4hr resistance) or should a bearish breakout take place in today's session. The technical strategy is designed for the Fed monetary policy but may also kick into play in today's session should EURUSD break lower. Do note that this is a 4hr time frame, which may be broken down into shorter time frames for scalping by seasoned traders.
Short
by DDMARKETS
1
EURUSD NFP Strategy: Into the DipTrade tension between the US and China are contributing to the recent USD strength at the time of this writing. New tariffs on China may lead to a retaliation, causing some nervousness in global markets. As a result the focus on the Non-Farm Payrolls (NFP) may be limited, however, some reaction is often seen when the US employment figures are released. Initiating a trade at market price prior to the NFP may require a larger protective stop due to the volatile market conditions that are often seen upon the release of the figures. Our strategy is fairly straightforward, a buy limit order may be more appropriate. I highlighted on the chart the key levels in EURUSD. Do note that this setup is for experienced technical traders only. An appropriate entry price may be at 1.1547, protective stop layered at 1.1500, targeting 1.1620. The estimated duration for the strategy is no longer than 30 - 45 minutes. The risk ratio is poor but it is a short-term strategy. I must also highlight the risk of exercising the strategy as significant volatility may be seen. Over-leveraging is not encouraged. The aim of the protective stop is to contain losses rather than prevent losses. I will rarely post trade ideas with an entry, stop and take profit in tradingview, this is an exception. In an event EURUSD will continue trading lower prior to the NFP where it is only 40 pips from the entry price I suggest to cancel the order. In an event EURUSD does not trigger the entry within 15 minutes after the release I suggest to cancel the buy limit order.
Long
by DDMARKETS