Get started

Forextrader

Gbpusd jumping level read the caption Today, the GBPUSD  experienced an upward movement, driven by a wave of dollar selling in response to lower interest rates. However, the pair's momentum encountered resistance at a key technical level—the 200-bar Moving Average (MA) on the 4-hour chart. This same MA had previously halted the pair's advance a week ago, leading to a decline in price. The fact that this level has now twice acted as a barrier underscores its significance for future trading. A sustained position below this level would indicate that sellers are maintaining control. Currently, the 200-bar MA is positioned at 1.2662
Long
by Mrsam36
Eurusd can't stop uptrend read the caption The EUR/USD daily chart sees the pair remaining confined to the 1.0801 -1.0861 area during the last three days, bracing around the 200-day moving average (DMA) at 1.0822 Relative Strength Index (RSI) studies turned bullish, but buyers need to achieve a daily close above last Friday’s high, to remain hopeful of testing the 50-DMA at 1.0881 ahead of the 1.0900 figure. Otherwise, the pair could dive towards the 200-DMA and below, exposing the  1.0801
Long
by Mrsam36
EUR/USD Trade Recap, NZD/USD Short and NZD/CAD ShortNZD/USD Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of value. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. NZD/CAD Short Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
Short
by StewySongs
1
Eurusd return to sell read the caption The EUR/USD daily chart sees the pair remaining confined to the 1.0801 -1.0862 area during the last three days, bracing around the 200-day moving average (DMA) at 1.0821 Relative Strength Index (RSI) studies turned bullish, but buyers need to achieve a daily close above last Friday’s high, to remain hopeful of testing the 50-DMA at 1.0882 ahead of the 1.0901 figure. Otherwise, the pair could dive towards the 200-DMA and below, exposing the 1.0801
Short
by Mrsam36
CAD/JPY Short, EUR/USD Long and NZD/CAD ShortCAD/JPY Short Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it. EUR/USD Long Minimum entry requirements: • If 2 touch 1H continuation, 15 min risk entry within it, or reduced risk entry on the break of it. NZD/CAD Short Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
by StewySongs
NZD/USD Short, NZD/JPY Short and NZD/CAD ShortNZD/USD Short Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it. NZD/JPY Short Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it. NZD/CAD Short Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
Short
by StewySongs
USDX: Thoughts and Analysis Today's focus: USDX Pattern – Continuation (Bullish) Support – 103.65 Resistance – 103.96 Hi, traders; thanks for tuning in for today's update. Today, we are looking at USDX on the daily chart. Today, we are asking if the USDX will set off on a new continuation higher after posting further bullish price action. The worry is if we don't see a close above resistance. This could set up a failed high, and if we don't see a break of resistance, this could set up a new extension lower. Good trading.
EIGHTCAP:USDXLong
by Eightcap
Gold long term trade for seller read the caption The XAU/USD pair is little changed for a second consecutive day but retains the neutral-to-bullish stance. In the daily chart, the bright metal keeps developing above a flat 20 Simple Moving Average (SMA), currently at $2.020 in line with the absence of directional strength. However, the 100 SMA keeps heading north well below the current level, skewing the scale to the bulls' side. Finally, technical indicators keep consolidating around their midlines, failing
OANDA:XAUUSDShort
by Mrsam36
1
Audusd slowly but go down more read the caption The slight uptick in AUD/USD occurred despite the equally marginal advance in the Greenback, as well as the continuation of the intense sell-off in iron ore prices, which reached multi-month lows near the $126.01 yardstick in response to increasing inventories and heightened uncertainty surrounding the Chinese housing market. Spot price movements also mirrored the lacklustre performance of the US Dollar, as investors continued to assess the probability of the Federal Reserve (Fed
Short
by Mrsam36
Analysis on CADJPY [ 27 February 2024]good day fellow viewer. I am new to this youtube thing so I'll just be posting my analysis on certain pairs everyday. I am not an expert or a pro, I just enjoy analysing charts. Please enjoy and also enjoy the upcoming videos. I don't provide financial advice or sell anything. All the videos will just be my personal thoughts on which direction price will go. These are not signals but you can use my videos as an idea. You are all free to share your thoughts in the comment section. Please like the videos and subscribe. Thank you. #Forex #forextrading #cadjpy #trading #falconfx #money
by bandile10luthuli
Audusd up down but good for seller read the caption The AUD is not alone in moving higher vs the USD today. The USD is lower after US retail sales came in weaker than expectations. However, for the pair, although it did move higher, it did reach a resistance target defined by a swing area near 0.6513 and the 100-day moving average of 0.6531 The price reached between those two levels before rotating back to the downside. The current price trades at 0.6501 The next target on the downside comes at the 61.8% retracement of the move up from the October low. A level comes in right below the natural level of 0.6501. If broken, it would give the sellers more confidence that a potential high is in place.
Short
by Mrsam36
2
Bitcoin show us to hit 80k 90k read the caption The ensuing seller momentum could send Bitcoin price south, with a forecasted 10% fall to test the supply zone turned bullish breaker between $45,553 and $46,692 A break and close below the midline of this order block at $46,165 would confirm the continuation of the downtrend Nevertheless, if this order block holds as support, Bitcoin price could pivot for a bounce that would see BTC market value provide a buying opportunity before the next
BITSTAMP:BTCUSDLong
by Mrsam36
4
Xauusd big sell dips below 2000 read the caption Gold according to the 4-hour chart, XAU/USD lost momentum but holds on to gains, limiting the risk of a steeper slide. The 20 SMA heads firmly north, far below the current level, reflecting the ongoing momentum,  while the longer moving averages remain directionless. XAU/USD hovers around a flat 200 SMA. Technical indicators, in the meantime, eased from near overbought readings, reflecting the ongoing retracement rather than suggesting
OANDA:XAUUSDShort
by Mrsam36
4