J2traders
Buy on GBP/NZD - @J2Traders Instagram and Twitter.Top Down Analysis From W-D-4HR-1HR
Hi All, Todays Idea is a Long Buy on GBPNZD, See Analysis Below:
Technical:
Green Vertical Line - Weekly Support/Resistance
Blue Vertical Line - Daily Support/Resistance
Black - 4HR Support/Resistance
Continues Uptrend Corresponding With Trend Lines
0.5 Fib level touched with Bearish Candle
2x Bullish Pin Bars Indicating Movement Upwards
Fundamental:
No Major News Events Till Monday.
Fundamentals Sourced Using ForexFactory.
Buy on AUD/CHF - @J2Traders Instagram / Twitter4HR:
Technical :
-Resistance at 0.71484, and 0.71878.
-Support at 0.70804 Touched
-Large Bullish Engulfing Candle
Fundamental :
No Medium/High Impact AUD/CHF News until Tuesday.
(Monetary Policy Meeting Minutes)
Overall Signal:
AUDCHF Buy
Entry - 0.711
TP1: 0.71484
TP2: 0.71878
SL: 0.70804
Sell On NZD/CHF - @J2Traders Twitter/Instagram4HR:
Technical
- Touched The 0.691 Resistance Level
- Bearish Engulfing Candle On Two Bull Candles
- Bearish Pin Bar Formed
Fundamental:
- No Medium or High Impact News Scheduled For The Week
Overall Signal
SELL
Price 0.69050
TP1: 0.68500
TP2: 0.68300
SL: 0.69500
Follow @J2Traders On Instagram and Twitter For Analysis, Signals and More!
Fundamentals Sourced From ForexFactory.com
Sell Limit On GBPAUD - @J2Traders Twitter/Instagram1HR:
Technical
-1.824 Resistance Become Support, Couldn't break past it on
25/2/19.
-Currently at 1.0 fib level
-New resistance at 1.850 level.
- Will range for a few hours, set sell order around 1.840 level.
Fundamental:
Bad news for AUD on nationwide construction. (-3.1%)
Good news for GBP on postponed BREXIT and High Street Lending (+40.6%)
Overall Signal:
SELL LIMIT
Price 1.850/1.840
TP: 1.840/1.830
SL: 1.85300
Follow @J2Traders On Instagram and Twitter For Analysis, Signals and More!
Fundamentals Sourced From ForexFactory.com
Sell on CAD/JPY 1HR/4HR TimeFrame - @J2Traders Instagram1HR:
Technical
-Strong Resistance At 84.0 Range
-Touched Resistance
Fundamental
-JPY Foreign Stock Investments estimated positive.
-JPY Foreign Bond Investment consensus positive.
= SELL
Entry: 84.060
SL: 84.300
TP1: 83.800
TP2: 83.500
Information Sourced From
FXStreet.com
Short Sell on GBP/USD - Fundamental Analysis @J2TRADERSMultiple Data Figures Released At 9:30am.
Estimated to weaken the GBP:
GDP m/m
Manufacturing Production m/m
Prelim GDP q/q
The list goes on.
Get your orders ready with a 20 Pip TP on each end.
Happy Trading!
Signal Provided by @J2TRADERS (Instagram)
Consesis Credit : FXStreet