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Millionairelogistics

Audjpy weekly forex analysis with trading strategy for 02-05-22Audjpy weekly forex analysis with trading strategy for 02-05-22 In the recent times, i have been trading more of aussie pairs. from 2 weeks ago, a 100+ pips sell on audusd shared here video analysis on YT. Last week, audusd and audcad sell analysis which is still doing massively fine. For this coming week, My selected pair from my watchlist is the audjpy for a SHORT. Fundamentally, in the past week, interest rates from the Bank of Japan (BoJ) was unchanged, on tuesday the 3rd of may, the Reserve bank of Australia will announce interests rate which may affect the Aud as the interest rates is forecasted to be increased. Nonetheless, if the interest rate from the RBA is increased to my forecasted rate of 0.25%, i would still consider a short trade. Technically, explained in the video analysis, Audjpy was initially in an uptrend printing higher highs and higher lows then followed by a massive rally to the upside signaling the presence of massive institutional 'Buys' pushing audjpy to an overbought level. After the move and watching closely, audjpy, started changing direction on the 4hr timeframe breaking structure to the downside and created unfilled supply zones as shown in the screenshot above. this was after price failed to break a major supply zone above. Audjpy further printed a SHOOTING STAR candlestick pattern on the weekly chart followed by a bearish week. After all these, I am considering a high probability sell scenario for the audjpy with an entry strategy shared in the video analysis of this content. Let's go take some risks, let's go make some money. regards. Preshus, Millionaire logistics
Short
by MillionaireLogistics
Euraud Buy idea from 14-02-2022. trade already activeHere We share with you a trade idea on euraud. There is no much information fundamentally. Technically, after a massive impulsive fall on Euraud, we saw a bullish weekly candle at a key demand zone, looking further to the daily charts we saw a bullish pin bar (Hammer) giving us reasons that the Euro may be looking interesting for a buy. Because, we over here had already taken a buy position on this trade, we added in the analysis our entry, stop loss and expected target profit. Let's go take some risk, let's go make some money.
Long
by MillionaireLogistics
GBPUSD weekly forex analysis and education for 14-03-2022The idea shared is an analysis of GbpUsd for a mid term swing. Fundamentally, The Usd is still showing strength owing to the recently released NFP reports. Next week will shall be keeping an eye on interest rates desions. Sentimentally, As the UK enforces hard economic sanctions as a result of Russia's involvement in Ukraine, sanctions placed on one of the biggest economic contributors in Europe (Russia), Investors are likely to be skeptical backing the British pounds. For this pair, the Usd is favoured. Technically, the pair just broke a structural level on the Weekly charts with the recent demand zone broken (refer to our previous analysis on GbpUsd), a supply zone also created on the 4hr chat time frame. It is expected for price to fill in the supply zone and then continue downwards. On the Daily charts as seen too, a support structural level has been broken, price may have to retest that level and face resistance there for a drop in price. Our sentimental bias hence is to watch and plan for a sell trade on GbpUsd . Let's go take some risk, let's go make some money, Millionaire Logistics.
Short
by MillionaireLogistics
GbpJpy expert analysis from 07-03-22 - Weekly forex forecast The idea shared is an analysis of GbpJpy for a mid term swing. Fundamentally, we are expecting news releases from the United Kingdom next week that would make impact on the British pounds. For now, the retail sales of Japan which was released last Monday is a good driver for the Yen. Sentimentally, as the UK is still faced with inflation and political tension, investors tend to move their money to safe haven currency assets and countries. Technically, Gbpjpy as seen on the chart is approaching from a weekly supply zone to a demand zone. Haven broken and closed below our trick moving average, we expect price to make a slight correction testing either the 0.50 or 0.61 fib level of the break out candle highlighted. In the screenshot. In the video of this analysis, we explained how to trade a breakout candle after price imbalance. Our sentimental bias for the gbpjpy pair is bearish as we plan to hold a short position till price reaches the demand zone. Let,s go take some risk, let's go make some money. Millionaire Logistics
Short
by MillionaireLogistics
1
Weeky forex analysis - EurUsd expert analysisThe idea shared is an analysis of EurUsd for a mid term swing. Fundamentally, The Usd has shown strength owing to the recently released NFP reports. Next week will usher a series of News releases which hopefully will further boost investor confidence in the US economy. Sentimentally, As Europe experiences hard economic sanctions as a result of Russia's involvement in Ukraine, sanctions placed on one of the biggest economic contributors in Europe (Russia), Investors tend to move their investments to more stable economies or what we know as safe haven assets or currencies. For this pair, the Usd is favoured. Technically, the pair is trading below our trick moving average and in a downward trend, with the recent demand zone broken (refer to our previous analysis on Eurusd), a supply zone also created on the 1hr chat time frame. It is expected for price to fill in the supply zone and then continue downwards. On the Daily charts as seen too, a support structural level has been broken, price may have to retest that level and face resistance there for a drop in price. Our sentimental bias hence is to watch and plan for a sell trade on EurUsd. Let's go take some risk, let's go make some money, Millionaire Logistics.
Short
by MillionaireLogistics
2
Euraud Analysis from 21-02-2022This is an analysis of Euraud highlighting supply and demand zones, advanced price action, resistance and support levels and my very own trick statistics approach to the market. As shown in the screenshot, Price is approaching a weekly demand zone from a supply zone having broken a support level marked by the moving average which acts as a dynamic support and resistance level. We should expect price to make a pull back testing the previous support level now turn resistance and fall to the demand zone. Fundamentally, with unchanged interests rates from the EURO zone and lower than expected trade balance coupled with the lower retail sale report, i would be risking a short on Euro against the Aud. Sentimentally... Let us go take some risk, let us go make some money
Short
by MillionaireLogistics
2
GbpUsd Analysis for 07-02-2022This is an analysis of GbpUsd for the coming week. Technically, Gbpusd has been in an overall downtrend printing lower highs and lower highs on the charts. recently, the price made a lower high from a demand area as shown on the chart approaching a resistance level as the BOE increased interests rates from the fundamental stand point. Irrespective of the rates increase, the figures reported was as expected, although, there are whispers that the BOE may still increase rates before the end of 2022 . However, the bull run was brought to a halt as the NFP reports from the US was released. the reports indicates a stronger USD hence signifying bearish opportunities for GbpUsd . Sentimentally... Let's go take some risks, let's go make some money.
Short
by MillionaireLogistics
EurUsd Analysis for 07-02-2022This is an analysis of Eurusd for the coming week. Technically, Eurusd has been in an overall downtrend printing lower highs and lower highs on the charts. recently, the price made a lower high from a demand area as shown on the chart approaching a resistance level as a result of talks from the ECB on interests rate hike from the fundamental stand point. However, the bull run was brought to a halt as the NFP reports from the US was released. the reports indicates a stronger USD hence signifying bearish opportunities for Eurusd . Sentimentally... This trade setup is a swing trade setup and trade may last for a week or more. Let us take some risks, let us make some money.
Short
by MillionaireLogistics