#EURUSD: Nothing to expect from DXY| View Changed Swing Trading|Hey there! So, we were previously thinking EURUSD was going to be bearish, but things have turned around and it’s looking bullish for now.
The extreme bearish pressure on USD has caused all the major USD pairs to be in a range. As the week goes on and we get the NFP data, the market will probably focus more on these economic indicators. So, it’s not surprising to see some market ranges during this time.
We’ll keep a close eye on the market, as there might be some manipulation going on this week.
We recommend waiting until Monday’s daily candle closes to see if the bullish trend is strong enough. Then, based on the price momentum, you can make your decisions.
We hope you have a great week and safe trading! If you like our work and analysis, please consider liking, commenting, and sharing our content.
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Team Setupsfx
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Smartmoneyconcepts
GBPUSD - Next point of interestAfternoon All,
So our GBPUSD trade from earlier didn't quite go to plan however I knew full well that we were building liquidity to the left on the higher timeframe.
This will be my next point of interest for a potential long.
Lets see how price plays out when we get down there.
GBPUSD - LongUnfortunately I can't post the idea on the 5min to give you a better idea of where we are at in terms of the entry for this.
However I am looking to be tagged into this trade and have a limit order where I have set it.
Hoping to be tagged in. If we aren't we move on. and if we lose we move on.
If im able to help with any questions you may have do send them my way
GBP-NZD Rising Support Ahead! Buy!
Hello,Traders!
GBP-NZD keeps falling
Down but a rising support
Line is ahead and as the
Pair is locally oversold we
Will be expecting a rebound
And a move up after the
Retest of the support below
Sell!
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USD-CHF Bearish Bias! Sell!
Hello,Traders!
USD-CHF is trading in a
Downtrend and the pair
Is making a local bullish
Pullback but will soon
Hit a horizontal resistance
Level around 0.8185
So we are bearish biased
And we will be expecting
A further bearish move down
Sell!
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EUR-CHF Resistance Ahead! Sell!
Hello,Traders!
EUR-CHF keeps growing
But a strong horizontal
Resistance of 0.9445
Is ahead so after the
Retest we will be expecting
A local bearish move down
Sell!
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CAD-CHF Potential Short! Sell!
Hello,Traders!
CAD-CHF made a retest
Of the horizontal resistance
Of 0.5990 and pullback is
Already happening so we are
Locally bearish biased and
We will be expecting a
Further bearish move down
Sell!
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AUD_JPY MOVE DOWN AHEAD|SHORT|
✅AUD_JPY made a retest of
The strong horizontal resistance of 93.900
Level of 106.083 and as you
Can see the pair is already
Making a local pullback from
The level which sends a clear
Bearish signal to us therefore
We will be expecting a
Further bearish correction
SHORT🔥
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AUD-CHF Pullback Ahead! Sell!
Hello,Traders!
AUD-CHF made a retest
Of the strong wide horizontal
Resistance around 0.5289
And we are already seeing a
Local pullback so we are
Locally bearish biased and
We will be expecting a
Further bearish move down
On Monday
Sell!
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NZD_CAD REBOUND AHEAD|LONG|
✅NZD_CAD is set to retest a
Strong support level below at 0.8160
After trading in a local downtrend for some time
Which makes a bullish rebound a likely scenario
With the target being a local resistance above at 0.8182
LONG🚀
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NATGAS Growth Ahead! Buy!
Hello,Traders!
NATGAS made a retest of
The horizontal support level
Of 3.450$ then established
A double bottom pattern
And a we are already
Seeing some rebound so
We are locally bullish biased
And we will be expecting a
Further bullish move up
On Monday
Buy!
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TESLA WILL GO DOWN|SHORT|
✅TESLA is going up now
But a strong resistance level is ahead at 336$
Thus I am expecting a pullback
And a move down towards the target of 320$
SHORT🔥
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
CAD_CHF SHORT FROM RESISTANCE|
✅CAD_CHF has retested a key resistance level of 0.5990
And as the pair is already making a bearish pullback
A move down to retest the demand level below at 0.5960 is likely
SHORT🔥
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NZD-CAD Free Signal! Buy!
Hello,Traders!
NZD-CAD is about to retest
A horizontal support level
Of 0.8161 from where we
Will be expecting a local
Bullish rebound so we can
Enter a long trade with the
Take Profit of 0.8191 and
The Stop Loss of 0.8153
Buy!
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AUD_CHF LOCAL SHORT|
✅AUD_CHF has retested a resistance level of 0.5290
And we are seeing a bearish reaction
With the price going down but we need
To wait for a confirmation
Before entering the trade, so that we
Get a higher success probability of the trade
SHORT🔥
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
AUD-JPY Will Go Down! Sell!
Hello,Traders!
AUD-JPY made a retest
A wide horizontal resistance
Around 93.900 from where
We are already seeing a
Local bearish pullback so
We will be expecting
A further bearish move
Down on Monday
Sell!
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
CAD-JPY Free Signal! Sell!
Hello,Traders!
CAD-JPY went up sharply
But the pair failed to break
A strong horizontal resistance
Of 106.266 from where we
Can enter a short trade with
The Take Profit of 105.768
And the Stop Loss of 106.326
Sell!
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EURUSD, GBPUSD - Outlook for next weekEURUSD - So we have 2x 4 hour POI's (Points Of Interest). Will be looking at potential reversals at both POI's however, within the first POI we have an area of potential liquidity that could look to be taken before we make out move back to the upside.
Therefor, the second POI could look to be our more solid option for our buying options at some point next week.
GBPUSD - This pair looks to be building its liquidity now for potential trades to the upside as today on the lower TF's it was setting quite a few traps for the potential longs and the traders that would have been shorting the breaks below structure to the left.
If you have any questions for me please do let me know
GBP_JPY LOCAL SHORT|
✅GBP_JPY has been growing recently
And the pair seems locally overbought
So as the pair is approaching a horizontal resistance of 196.400
Price decline is to be expected
SHORT🔥
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GBP_CHF RESISTANCE AHEAD|SHORT|
✅GBP_CHF is going up now
But a strong resistance level is ahead at 1.1070
Thus I am expecting a pullback
And a move down towards the target of 1.1013
SHORT🔥
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.