AUDUSD: Important Structure Breakout 🇦🇺🇺🇸
AUDUSD may start falling next week
after a retest of a recently broken daily horizontal support
that turned into a resistance now.
Next support - 0.665
❤️Please, support my work with like, thank you!❤️
Forextradingsignals
AUDNZD: Bullish Signal After Breakout 🇦🇺🇳🇿
AUDNZD nicely retested a recently broken daily/intraday horizontal resistance.
After its test, the price violated a resistance line of a bullish flag pattern on an hourly.
We can expect a bullish continuation now.
Goal - 1.1088
❤️Please, support my work with like, thank you!❤️
GBPJPY: Bearish Move From Resistance Confirmed 🇬🇧🇯🇵
GBPJPY nicely respected a key daily horizontal resistance.
The price formed a double top pattern on that and violated its neckline.
With a high probability, the pair will continue falling.
Goals: 194.0 / 193.5
❤️Please, support my work with like, thank you!❤️
GBPNZD: Time to Sell 🇬🇧🇳🇿
I see a nice short trade on GBPNZD.
The price formed a double top pattern after a test of a key daily/intraday resistance.
We see a breakout of its neckline at the moment.
With a high probability, the price will drop to 2.103 level.
❤️Please, support my work with like, thank you!❤️
GBPJPY: Bearish Outlook Explained 🇬🇧🇯🇵
We see the exemplary bullish trap on GBPJPY on a daily.
After a false violation of a major daily resistance,
the price formed a high momentum bearish candle a dropped rapidly.
I think that the pair has a nice potential to continue falling.
We may see some minor correction first
and a bearish continuation to 188.88 level then.
❤️Please, support my work with like, thank you!❤️
“The Eurozone manufacturing PMI is weak”Following the interest rate decisions by the ECB and the Fed, the EUR/USD pair has risen to the 1.12 level. Meanwhile, the dollar index is recovering its losses post-Fed, which is limiting further gains in the EUR/USD pair. Today, the manufacturing PMI figures released for the Eurozone and Germany came in below expectations. This increased the pressure on the euro currency.
From a technical perspective, if the upward trend continues and the 1.1115 resistance is broken, the next resistance levels to watch are 1.12 and 1.1275. On the downside, if pricing drops below the 1.1045 level, 1.0970 and 1.09 could act as important support levels for further declines.
EURGBP: Strong Bearish Signal Detected 🇪🇺🇬🇧
EURGBP broke and closed below a key daily horizontal support.
After a breakout, a broken structure was retested and the price
formed a narrow horizontal range on that.
A breakout of the support of the range with a high momentum bearish candle
this morning is a strong intraday bearish confirmation.
The price may keep falling now at least to 0.836
❤️Please, support my work with like, thank you!❤️
EURAUD: Intraday Bullish Confirmation?! 🇪🇺 🇦🇺
Update for EURAUD.
Earlier, we spotted a confirmed Change of Character on a daily
and a violation of a significant resistance.
Today, we see a retest of a broken structure.
The price formed a bullish flag pattern on a 4H time frame
and broke its resistance line.
We can expect growth now.
Next goal - 1.662
❤️Please, support my work with like, thank you!❤️
AUDUSD: Pullback Trade From Support 🇦🇺🇺🇸
On a today's live stream, we discussed a pullback trade on AUDUSD.
The price tested a key daily horizontal support
and formed a cup and handle pattern on that.
Its neckline breakout is our strong bullish confirmation.
The pair will most likely grow now at least to 0.6728
❤️Please, support my work with like, thank you!❤️
NZDCAD: Very Bullish Setup 🇳🇿🇨🇦
NZDCAD formed a cup and handle pattern
after a test of recently broken horizontal structure resistance.
I think that the price may bounce at least to 0.838 level.
❤️Please, support my work with like, thank you!❤️
AUDCHF: Time to Fall! Here is Why: 🇦🇺🇨🇭
AUDCHF was consolidating for more than 2 months within a wide horizontal range on a daily.
This week, the price managed to violate its support.
It is a very important sign of strength of the bears.
The market will most likely keep falling now.
Next support - 0.5635
❤️Please, support my work with like, thank you!❤️
EURAUD is likely to fall further!!Hello traders, EURAUD has broken the local support and is likely to fall further as it has bounced from monthly resistance.
A high probability trade can be as shown in the chart!
please like the idea if you find value in it.
GBPAUDWhat's up guys,
I'm waiting for a buy setup over here as price is in a downtrend and is approaching a major support zone
The green trendline is the 1H timeframe, while the yellow trend line is for the 4H timeframe
Waiting for a good buy opportunity and still observing this pair , What do you guys think ?
CHFJPY top-down analysis, UPDATED!!Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDJPY top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
NZDJPY top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
POTENTIAL BUYING OPPORTUNITY ON AUDJPYOn the monthly time frame we have formed a bearish rejection pattern...50/50 bounce on monthly TF.. On D1 we have OB retest formed equal lows
GOLD (XAUUSD) DAILY TF UPDATE!! (THIS PAIR LOOKS VERY PROMISING)1. Big bullish body candle close on the
daily due to the NFP news release.
but I'd like to point out that
price is now testing a major level resistance
which is showing a price rejection.
2. We've already seen 2 retests on this level
before and we've noticed that everytime
the price retested this area, it got rejected.
3. I'd like to point-out the reason why is because
the price before has been bearish after it
plummeted from 1900 level.
4. This time around, price has been very bullish
I'll wait for the retest on 1823-1825
area to find support and I'll take a long position if
price shows a bullish momentum.
Hell, Traders! Welcome to my channel. If you guys like my analysis on gold please give me a thumbs up and let me know your thoughts and leave a comment below. :)
EURJPY top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDRUB top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURUSD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDCAD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
#EURUSD#EURUSD
At the beginning of the second half of May, the instrument broke up the strong resistance 1.2177 and began to consolidate above this level.
Since the trend is upward, the price follows a growing channel, purchases are relevant at the moment.
At the end of last week, the currency pair made a false breakdown of 1.2177 and the week closed above the resistance.
Now we see the beginning of the upward movement from the support 1.2177.
I expect an update of the peak 1.23496 and further growth towards strong resistance
