GBPCAD - Weekly Analysis.Refer the chart for detailed analysis ;
GBPCAD - My analysis for the next week is based on the levels mentioned. So for now it's neutral.
BUY & SELL entry levels are mentioned in the chart with the potential upside and downside move.
Maintain proper risk reward based on your risk appetite.
Meanwhile I will keep update about the DAY TRADE VIEW, so stay tuned.
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Fxsignals
GOLD - Buying momentum continues from the bottom.Refer the chart for detailed analysis ;
GOLD - Gold trading on the verge of positive breakout on hourly candles, momentum is stronger and it's sustaining above the trend line from the support as well, Buy is good above the level of 1948 for a potential upside up to 1956 - 1962
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EURCHF - Positive Breakout.Refer the chart for detailed analysis ;
EURCHF - Strong positive breakout is there on the hourly candles.
Potential upside target 1.07870
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GBPCAD - Day trade view.Refer the chart for detailed analysis ;
GBPCAD - Facing a tough resistance at this point of time.
Potential downside target 1.72805
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EURUAD - Breakout - Day trade viewRefer the chart for detailed analysis ;
EURAUD - On the verge of positive breakout, Strong buying momentum is there on the chart.
Potential upside target 1.65068
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USDJPY - Day trade idea.Refer the chart for detailed analysis ;
USDJPY - Time to fly ..Strong up move momentum is there on the chart.
Potential target 107.126
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GBPUSD - Time to go short.Refer the chart for detailed analysis ;
GBPUSD - Facing a tough resistance at this point of time.
Potential downside target 1.30895
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GOLD - Pullback expected.Refer the chart for detailed analysis ;
GOLDn - After a sharp decline, gold is taking a support here at this point of time and a small reversal is expected here up to 1998 to 2004 level, from there am expecting a fall back again till 1943 level.
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GBPCHF - Small swing downside Refer the chart for detailed analysis ;
GBPCHF - Facing a tough resistance at this point of time.
Potential downside target 1.19340
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I'm Still Holding CADCHF at this PointRight now, in terms of something I think could still garnish more support levels long term, I am holding CADCHF. Now, this has been one of my longer holds the past few weeks for a forex pair, but I'm hopeful that it does breakout lots of the bearishness it has been having recently. I have a target of it going past the $0.709 price point. That being said, everything I say is on an opinion based basis. Please proceed with caution and invest at your own risk. Do your own due diligence.
NZDUSD - SHORTRefer the chart for detailed analysis ;
NZDUSD- Running into the channel , showing weakness at this point of time.
Potential downside 0.65585 - 0.65262
Maintain stop around 0.66125
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Traders if you liked the idea or have any opinion about the trade, write in the comment section.
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EURCHF: Long EntryRight now for the EURCHF pair, I think that the resistance trendline have been broken and it is starting to garnish some support levels. I think it is due for an even higher wedge compared to the recent positive retracement. It still has a bit to go, but right now I feel the entry is decent. That being said, everything I say is on an opinion based basis. Please proceed with caution and do your own due diligence. Invest at your own risk.
Still Holding the CAD/CHF PairRight now, lots of events are coming up in relation to the this pair that I think will be positive. Also, given the risk level vs. potential reward, I think this have been oversold and it is about to have a breakout point from past resistance. I believe as an entry point, it is still quite decent and positive retracement potential is there. That being said, please proceed with caution. Everything I say is on an opinion based basis. Please do your own due diligence and invest at your own risk.
$XAUUSD #GOLD - London Session buys @ 1950 Instant Profit Intraday buys off the 1950 handle
Multiple confirmations (trend, technical, fundamental, sentiment)
Pre London false move into sell side liquidity & key 1950 psychological handle
SL was -50 pips @ 1945 (now risk free at breakeven)
Intraday profit targets @ 1960 (+ 100 pips & 1:2 RRR) & @ 1970 (+200 pips & 1:4 RRR)
Leave a runner as this could come into 2000 medium term (I don't see the double top at 1980 holding....)
Bullish on these two Pairs: AUDCAD & USDCADRight now, two pairs that I'm watching that have been a decent entry are the AUDCAD and USDCAD pairs. Overall, I'm bullish on them and expect some positive correlations and that they gain some momentum in terms of support levels. That being said, keep in mind everything I say is on an opinion based basis. Please do your own due diligence and invest at your own risk. Proceed with caution.
Next Curve: AUDJPY Decent EntryRight now looking at wave correlation and current support levels + risk aversion ratios, I believe that AUDJPY is due for an entry and that this is roughly a low risk trade. I also think sentiment shows some continued support levels. That being said, everything I say is on an opinion based basis. Please proceed with caution and invest at your own risk. Do your own due diligence.
EURUSD Sell CorrectionEURUSD has been climbing all last 2 weeks but extremely overbought. Pair has moved too fast and I expect a correction soon from the 1.1800 area.
Entry:
1.1800 area
TP 1 at past support 1.1420 area
Short SL at 1.1850 to 1.1900
Good luck trading!
Charles V
www.cvfxmanagement.com
@cvfxwealth
Trading made simple
I'm Bettling Long on the USDTRY PairRight now looking at the correlations, and post-week price expectancies, I am currently betting long on the USDTRY pair and think it has some positive sentiment surrounding it. I also think the current neutral pattern is about to be broken quite soon. As always, everything I say is on an opinion based basis. Please do your own due diligence and please proceed at your own risk.
AUDNZD: Bullish ~ Ready for the Next SwingRight now, I am looking for a swing in which I have an entry that I will close within 5 days (as with many of my Forex trades), and I think I have found one with the AUDNZD pattern and current sentiment. I am doing an entry for this, and I see the bullish SMA showing some support w/ still some ways to go. That being said, everything I say is on an opinion based basis. Please invest at your own risk, do your own due diligence and proceed w/ caution.