Welcome to another Forex Daily Forecast! We will be preparing for the trading week ahead: - Analysis of the individual currency Futures, to identify the strong and the weak - Analysis of the FX pairs (EURCAD, EURAUD, EURNZD, GBPUSD, GBPAUD, NZDCHF, NZDUSD, AUDCHF, GBPCAD, CADCHF,...) - Analysis of Gold, Silver, and OIl too! - Plot and plan for the best...
Welcome to another Forex Daily Forecast! We will be preparing for the trading week ahead: - Analysis of the individual currency Futures, to identify the strong and the weak - Analysis of the FX pairs (EURUSD, EURCAD, ...) - Analysis of Gold, Silver, and OIl too! - Plot and plan for the best setups. I'm taking my time with this analysis with the viewer in...
A heavy fall in anticipation of this pairs it's gonna be beautiful drop
Bearish, with lots of momentum. But there is potential for a bounce at current levels. I present a bearish scenario, as well as a bullish scenario.
FOMC tomorrow at 14:00 EST. WIth the expected rate hike, this should trigger a risk off environment, and the markets should drop. But pre-news announcement... there will will opportunities to get in positions with the banks!
Price has swept the low for LQ, and now pulling back for a correction, as expected. The noteworthy point to make is, it took out a demand zone in the process. Now, price is pulling back to the supply zone that broke the demand. It is a potential "demand2supply flip." I love these. I am looking for a sell setup as price enters the supply. No setup, no trade. Price...
As previously supposed, we are bouncing between same levels
EURUSD is pulling back.... and potentially setting up an opportunity. I am looking for high probability shorts to take in this bearish market. If we catch it right, it could mean 100+ pips. Let's go!
EU may be retracing to a great POI to take a sell position. There are counter trend trades available along the way there! Let's see if we can capitalize on the Friday opportunities!
The market is bearish. The FOMC news gave it a boost, but I believe this may be short term. I'm looking ofr bearish PA at the POI. If that presents itself, then a sell would be the move to make.
ETH has broken structure to the upside, and now in retracement. I believe it is setting up a great long position.
Price seems to be displaying a change of character, shifting from bearish to bullish momentum. This presents an opportunity to take a short term long position. Waiting for a confirmation entry is key here. Allow me to show you how I do it.
Price HTF broke structure and retracing now, trading into an unmitigated, imbalanced demand zone. I like this OB, as it is the origin of the bullish impulse that led to a BOS. Looking for bullish PA on LTFs at this level to see if there is a CE (Confirmation Entry) made available.
Adjusting to the price action, an updated look at the current market shows price is bearish, making LHs and LLs. It is now at a what I believe is a valid demand zone. I am looking for bullish PA that may indicate a market shift here, where the market may be turning from bearish to bullish momentum.
Price is in an uptrend on the HTFs, but is bearish on the 15M. This bearishness may be short term, as price is potentially making a HL. The possible pivot points are our marked POIs, where I will look to enter long. No confirmation, no trade. I need to see price shift from bearish to bullish momentum before any long entry.
Am I seeing a Bearish Pennant? Has price brokent structure to the downside, and now retracing to supply? I see the argument for upside, but I believe the PA is showing further declines are imminent. I would love to get some feedback on this analysis. Share your opinion and your ideas for BTC in the comments section. Thank you.
Gold is still in correction, ranging. I believe there is an opportunity setting up, as price has broken structure to the downside. The move that follows is where we we follow the footsteps of Institutions to profit. This is the buy-to-sell move. Short term buy to a longer term sell.
Price may be setting up for a further drop. It has formed a bearish engulfer, and may test it before further declines.