EURNZD - 24h expiry Our short term bias remains negative. Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end. 20 4hour EMA is at 1.7597. We look for a temporary move higher. The sequence for trading is lower lows and highs. We look to Sell at 1.7598 (stop at 1.7648) Our profit...
GBPCHF - 24h expiry We are trading at oversold extremes. This is positive for sentiment and the uptrend has potential to return. The hourly chart technicals suggests further downside before the uptrend returns. Previous resistance at 1.1513 now becomes support. We look to buy dips. We look to Buy at 1.1513 (stop at 1.1473) Our profit targets will be 1.1613...
Breaking out of a falling wedge with. Wait until break and retest setting up Targets & stoploss included DYOR
AUDUSD - 24h expiry The medium term bias remains bullish. The selloff has posted a correction count on the daily chart. Previous resistance level of 0.6650 broken. A lower correction is expected. Setbacks should be limited to yesterday's low. We look to Buy at 0.6625 (stop at 0.6601) Our profit targets will be 0.6685 and 0.6695 Resistance: 0.6680 /...
GBPAUD - 24h expiry Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Price action looks to be forming a top. Risk/Reward would be poor to call a sell from current levels. Preferred trade is to sell into rallies. Bespoke resistance is located at 1.9230. We look to Sell at 1.9230 (stop at 1.9280) Our...
USDCHF - 24h expiry Daily signals are bullish. 20 1day EMA is at 0.9103. Early pessimism is likely to lead to losses although extended attempts lower are expected to fail. We look to buy dips. We look for a temporary move lower. We look to Buy at 0.9103 (stop at 0.9081) Our profit targets will be 0.9158 and 0.9168 Resistance: 0.9130 / 0.9158 /...
ASX200 - 24h expiry The correction lower is assessed as being complete. Short term RSI has turned positive. Further upside is expected. Risk/Reward would be poor to call a buy from current levels. A move through 7825 will confirm the bullish momentum. We look to Buy at 7775 (stop at 7735) Our profit targets will be 7875 and 7895 Resistance: 7825 / 7850 /...
CHFJPY is creating symmetrical triangle and is moving in a descending channel near the upper boundary. The volatility of the price movement decreased when approaching the channel boundary. Price is approaching the previous high, where the market dropped. Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great...
AUDJPY -24h expiry Broken out of the wedge to the downside. Price action looks to be forming a top. Further downside is expected. Risk/Reward would be poor to call a sell from current levels. A move through 104.00 will confirm the bearish momentum. We look to Sell at 104.30 (stop at 104.70 Our profit targets will be 103.30 and 103.05 Resistance: 104.25 /...
Hello traders, we want to check the AUDUSD chart. The price has broken the ascending channel to the bottom and the price trend is now bearish. The price has pulled back to the specified support level and we expect this level to maintain the downward trend and the price will fall to around 0.65600. Good luck.
Hello traders, we want to check the USDCAD chart. The price is moving in a descending channel and has pulled back to the ceiling of the channel and the specified key level. We expect the price to maintain its downward trend and the price will fall to around 1.36000. Good luck.
We literally reached our main target sales areas within a day for Bitcoin , which were marked yesterday. $69,400-$71,000 (market seller aggression and purchase absorption)- did not give the expected reaction and was broken, now it is becoming a buying zone. $71,800-$72,500 (volume zone)- gave a price stop. At the current values, volume anomalies can be noted,...
Hello traders, we want to check the GBPCAD chart. The price has reached the specified resistance level after an upward movement. We expect this level to stop the upward trend of the price and the price will fall to around 1.72400. Good luck.
USDJPY - 24h expiry Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. As this corrective sequence continues we look to set shorts on a rally at better risk/reward levels. The hourly chart technicals suggests further upside before the downtrend returns. Risk/Reward would be poor to call a sell from current...
GBPUSD Analysis On the 1 hour Timeframe, price has tapped into the 1 hour FVG and rejected very strongly and created a 15 minute Change of Charcter to the upside. Currently Price has retested the 15 minute bullish OB at the 1.26865 - 1.26924 level. There are 2 scenarios i am looking at. 1) IF price breaks through the Bullish OB with a body candle close...
On the 1 hour, we see price in a current Bullish bias. This is the same bias on the 4 hour chart. But there is a strong likelihood that this Bullishness might not hold for much longer. On the Daily chart, we see the price as being in a bearish swing. Prices had no doubt gone above the protected high last week, but unfortunately did not close above the protected...
Hello traders, we want to check the XAUUSD chart. The price has broken the descending channel upwards and pulled back to the indicated support level. We expect the price to maintain its upward trend and grow up to around 2398. Good luck.
Hello traders, we want to check the USDCHF chart. The price has broken the ascending channel and pulled back to the specified resistance level. We expect this level to maintain the downward trend of the price and the price will fall to around 0.89800. Good luck.