CADJPY BULLISHDue to the trendline which acts as a support on the h4 and the support zone on the h1 where it is currently resting. The market shows a bullish probability.
H1
EURUSD Upside PushEURUSD is giving multiple indications for an upside push:
Head n shoulders
Momentum shift
Strong H4 S/R zone
downside wicks along NY open
H1/m30 DAX retracementn for the the first part of the weekHi traders
her is my analysis for the biginin of the week
Before the price returns to a historical high the price might risk of doing a retracement to continue elliott wave visible in h4 (blue line) and because we broke the trend line (purple line). during the future retracement the price will pass by several resistence which will serve us as potential TP.
if you like this analysis or dont, tell me why in the comment section, thank you
VENTA USDCADTendencia bajista usdcad, retroceso fibonacci, doble techo en h1 y velas de indesicion en 1d, buscamos nivel 100% del retroceso asi esperando
que baje 240pips , tambien tenemos rompimiento de tendencia en h1 buscando la baja, paciencia y por esos profits
dax h1 long folowing the chanelwaits for the price to be over the 12990 resistance and whe aiming the 13143 which is an important resistance.
if you like this analysis or dont tell me why in the comment section, thank you
USDCHF - Pullback Trade for Trend ContinuationHi Traders!
As you can see the market is ranging in a channel.
We expect a breakout out of the channel for a pullback to 0.99000.
After the pullback there could be a long trade, because of the strong trend.
We recommmend to trade wether the breakout or the trend continuation!
Thanks and good luck :)!
NZDJPY / H1 / Daily Forex Technical Analysis / 10.23.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is October 23rd, 2019 and we will be taking a look at the New Zealand Dollar against the Japanese Yen. Looking at the 1 hour time price action is nearing it's previous area of resistance at the 69.6 region, if we continue to move upwards moving back above the trend line and our stop loss this would negate our analysis. If we fail to break above this resistance at the 69.6 area we will be looking for an entry short. Entry for a Short position near the 69.587 area, with a Stop Loss near the 69.820, and a target profit level area of 69.016 for what can possibly be a profitable trade with a 2.45 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
copper little up and far downsee my expectancies on my graph. Copper will move, just set the limit (TP & SL) and watch it.
CADJPY / H1 / Daily Forex Technical Analysis / 10.7.2019Hello Traders, welcome to the Daily Forex technical analysis . Today is October 7th, 2019 and we will be taking a look at the Canadian Dollar against the Japanese Yen . Looking at the 1 hour time frame we can see price action has attempted to reach its previous area of resistance at the 80.7 region, but failed to make bullish continuation at this zone. We will be looking for an opportunity to find a short with optimal conditions to execute a proper trade with manageable risk. Entry for a Short position near the 80.687 area, with a Stop Loss near the 80.850 region, with a target profit level area of 80.307 to possibly ensure a profitable trade with a 2.33 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
NZDCAD / H1 / Daily Forex Technical Analysis / 10.4.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is October 4th, 2019 and we will be taking a look at the New Zealand Dollar against the Canadian Dollar. Looking at the 1 hour time frame we are looking for price action to possibly pullback into the .8427 area and retest this area of resistance. If we do get a pull back and price action doesn't S/R flip and turn bullish at the .8427 region we will be looking for an optimal entry short. Entry for a Short position near the .84276 resistance area, with a Stop Loss near the .84468, and a target profit level area of .83800 for what can be a profitable trade with a 2.48 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
GBPNZD / H1 / Daily Forex Technical Analysis / 10.1.201Hello Traders, welcome to the Daily Forex technical analysis. Today is October 1st, 2019 and we will be taking a look at the British Pound against the New Zealand Dollar. Looking at the 1 hour time frame, price action is currently retracing and we are looking at the 1.967 area to hold as support. If we do hold at the 1.967 previous support zone we will be looking for optimal conditions to enter a long trade. Entry for a Long position near the 1.96782 area, with a Stop Loss near the 1.95861 zone, with a target profit level area of 1.98678 could possibly ensure a profitable trade with a 2.06 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
EURCAD / H1 / Daily Forex Technical Analysis / 9.30.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is September 30th, 2019 and we will be taking a look at the Euro against the Canadian Dollar. Looking at the 1 hour time we are now looking for price action to pullback into it's previous area of resistance at the 1.446 area. A Short entry near the 1.44691 area, with a Stop Loss near the 1.45142 region, and a target profit level area of 1.43858 to possibly ensure a profitable 1.85 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
EURJPY / H1 / Daily Forex Technical Analysis / 9.18.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is September 18th, 2019 and we will be taking a look at the Euro against the Japanese Yen. Looking at the 1 hour time we are looking for price action to make another lower high or double top at this previous area of resistance near the 119.9 region. If price action doesn't flip bullish here by regaining support above the 120.1 zone we will be looking for an entry short with profitable conditions. Entry for a Short position near the 119.949 area, with a Stop Loss near the area of 120.154, and target profit level area of 119.341 to possibly ensure a profitable trade with a 2.97 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
EURAUD / H1 / Daily Forex Technical Analysis / 9.13.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is September 13th, 2019 and we will be taking a look at the Euro against the Australian Dollar. Looking at the 1 hour time we are now looking for price action to continue with its current bearish sentiment and reach a lower area of support near the 1.6 area. Entry for a Short position near the 1.61552 area, with a Stop Loss near the 1.62029 zone, with a target profit level area of 1.60217 to possibly ensure a profitable trade with a 2.80 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
NZDUSD / H1 / Daily Forex Technical Analysis / 9.12.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is September 12th, 2019 and we will be taking a look at the New Zealand Dollar against the United States Dollar. Looking at the 1 hour time frame we are looking for price action to possibly pullback into the .639 area and retest this area of resistance. If we do get a pull back and price action doesn't S/R flip and turn bearish we will be looking for an optimal entry long. Entry for a Long position near the .63862 area, with a Stop Loss near the .63691, and target profit level area of .64396 to possibly ensure a profitable trade with a 3.12 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
EURNZD / H1 / Daily Forex Technical Analysis / 9.11.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is September 11th, 2019 and we will be taking a look at the Euro against the New Zealand Dollar. We are looking for price action to continue with it's bearish sentiment as it broke-down below the trend-line that was supporting price action. The last area of resistance was the rejection of the 1.72 region, we are currently looking for an optimal entry to enter the market short. Looking for an entry Short near the 1.71718 area. With a stop loss at the 1.72324 region, and a target profit level area of 1.70395 to possibly ensure a 2.18 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
AUDCAD / H1 / Daily Forex Technical Analysis / 9.10.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is September 10th, 2019 and we will be taking a look at the Australian Dollar against the Canadian Dollar. Looking at the 1 hour time frame we can see price action with an impulsive choppy movement as it continues to move higher. We will be looking at the trend line of the ascending triangle that price action is in, if price action breaks down below it we will be looking for an opportunity to enter a short. Entry for a Short position near the .90194 area, with a Stop Loss near the .90451, and a target profit level area of .89778 to possibly ensure a profitable trade with a 1.62 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
