GBPUSD May Keep Growing! Here is Why 🇬🇧🇺🇸
GBPUSD broke and closed above a key daily structure resistance.
The broken structure turned into support.
Retesting the broken structure, the price formed a double bottom
pattern and successfully violated its neckline.
It confirms the strength of the buyers and indicates a highly probable bullish continuation.
Goal - 1.2795
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Fxsignals
GBPUSD: Time For Pullback 🇬🇧🇺🇸
GBPUSD leaves clear bullish clues after a test of a key intraday support:
the price formed a bearish trap that was followed by a bullish breakout
of a minor resistance and a confirmed local change of character.
I think that the pair may bounce to 1.266 level.
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GBPCHF: Important Breakout 🇬🇧🇨🇭
GBPCHF broke and closed below a key daily support.
Retesting the broken structure, the price formed a narrow range on a 4H time frame.
London session opening pushed the prices lower.
The pair broke a support line of the range, leaving a strong bearish clue.
I think that the market may keep falling.
Next support - 1.1224
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EURUSD Long/BuyEURUSD looks like it can go long from here, last two supports have respected the trend and as well the fact being that EURUSD looks like its third wave back up for a retrace after a heavy drop. I have placed the entry, TP, and SL for the trade. Please message me or let me know any questions you may have in regard to this trade or in general about us and our page! Please make sure to follow our page for more daily signals!
GBPJPY Sell/ShortGBPJPY looks like it is in a phase of bearish return in a downtrend channel pattern. We are currently looking to short on the market due to the rejection at level of 200.700 and we will be looking to see a drop of at minimum 200-400 pips before touching the main support trend line. I have my profits set there, however, please feel free to take any profits you wish ahead of time. Thank you and please be sure to follow our page!
NZDCAD: Bullish Trend Continues 🇳🇿🇨🇦
Last week, NZDCAD corrected to a key daily horizontal structure support.
This morning, we see clear sign of strength of the buyers -
a bullish breakout of a narrow horizontal range on an hourly time frame.
It looks like the pair returns to a global bullish trend and a correction is over.
Goals: 0.8435 / 0.845
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GBPNZD: Short Trade From Resistance 🇬🇧🇳🇿
GBPNZD may drop from a key daily resistance.
The pair is trading in a long-term bearish trend
and an intraday price action on an hourly time frame leave clear bearish clues.
I anticipate a retracement at least to 1.077
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GBPUSD Can Go Lower Next Week 🇬🇧🇺🇸
GBPUSD turned very bearish after a release of US fundamentals on Friday.
The price formed a double top formation on a daily and violated its neckline.
I think that the fall may continue next week.
Next support - 1.27
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AUDCHF: Bearish Outlook Explained 🇦🇺🇨🇭
On the today's live stream, we discussed AUDCHF.
The pair broke a solid horizontal daily demand zone yesterday.
It turned into a supply area.
Taking into consideration that the market is under a strong bearish
pressure for 3 weeks, we may see a downward movement again.
Next support - 0.5875
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USD/CAD looks set to break higherPrice action may be choppy on the daily timeframe, but it remains in an uptrend none the less. Price action since the April high appears to be corrective, and support was found around a prior VAH (value area high) and 1.36 handle.
The 1-hour chart shows strong bullish momentum from 1.36, and prices are now consolidating within a potential bull flag. The pattern projects an upside target around 1.3745, and the lows of the consolidation are holding above the weekly/monthly pivot and 10-day EMA.
The bias is for prices to rise to at least 1.37 near the weekly R1 pivot and 1-day implied volatility band.
Trading Signal For FXSUSDT Trading Setup:
A Trading Signal is seen in the FXSUSDT FraxShare (4h) (spot)
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 4.248
⭕️SL @ 3.82
🔵TP1 @ 5.5
🔵TP2 @ 6.7
🔵TP3 @ 9.0
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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GOLD, Price vulnerable under the 2365-2358 ResistanceThe Gold fundamentals are negative and as long as price is trading under the 2365-2358 resistance zone. There is still a high probability of a high selling pressure happening. The GOLD fundamentals are still negative with the FED likely to CUT INTEREST rate and the pending inflation data.
Resistance : 2358 - 2365
Support 1 : 2335
Support 2 : 2305
USDJPY: Important Bullish Confirmation 🇺🇸🇯🇵
Update for USDJPY.
The pair perfectly violated a resistance line of a horizontal range on a 4H time frame,
after a retest of a key daily support.
I think that the pair will keep growing today.
Next goal - 157.5
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