CHF/JPY WAIT FOR MARKET SHIFT Hi everyone,we've two levels our previous lower low and low high at the moment we're waiting for the price to break our last low before starting looking for sell opportunity from one hour time frame.Trade safe 👐
Forex market
CHF/JPY WAIT FOR MARKET SHIFT Hi everyone,we've two levels our previous lower low and low high at the moment we're waiting for the price to break our last low before starting looking for sell opportunity from one hour time frame.Trade safe 👐
Fundamental Market Analysis for December 23, 2024 USDJPYDoubts about the Bank of Japan's rate hike plan and widening yield differential between the US and Japan put pressure on the yen.
Traders are expecting a short-term boost from the US consumer confidence index, which will be released on Monday.
The Japanese yen (JPY) starts the new week on a softer note and remains a short distance from the five-month low reached on Friday against its U.S. counterpart. Doubts over when the Bank of Japan (BoJ) will raise interest rates again have proven to be a key factor weighing on the JPY. In addition, the recent widening of the yield differential between the US and Japan, backed by the Federal Reserve's (BoJ) tightening stance, is undermining the low-yielding JPY.
Added to this, the overall positive tone in equity markets is reducing demand for the safe-haven yen. Meanwhile, strong inflation data released in Japan on Friday left room for a potential BoJ rate hike in January or March. This, along with subdued US Dollar (USD) price action, did not help the USD/JPY pair to realize upside potential in the Asian session in the absence of any fundamental catalyst.
Trade recommendation: Watch the level of 156.00, when fixing below consider Sell positions, when rebounding consider Buy positions.
EUR/GBP BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
We are targeting the 0.821 level area with our short trade on EUR/GBP which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option.
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USD/CHF SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
USD/CHF is making a bullish rebound on the 1H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 0.890 level.
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USD/CHF BULLS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
We are targeting the 0.888 level area with our long trade on USD/CHF which is based on the fact that the pair is oversold on the BB band scale and is also approaching a support line below thus going us a good entry option.
✅LIKE AND COMMENT MY IDEAS✅
EURUSD Short Plan At Lower Time Frame..#EURUSD Short Plan At Lower Time Frame..
its on 15 min tf. we provide crypto and options trading analysis.
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**NAMASTE**
check the trendIt is expected that the trend will change in the specified resistance range and we will witness the start of the trend.
If the price crosses the resistance range, there is a possibility of an upward and fluctuating trend.
posibility of uptrendConsidering the behavior of the price in the current resistance range, possible scenarios have been identified.
If the price does not cross the resistance range, the downward trend will likely continue
posibility of uptrendConsidering the behavior of the price in the current resistance range, possible scenarios have been identified.
It is expected that the price will cross the resistance range and the resistance trend line, then the upward trend will likely continue
NZDUSD - Short + medium term direction predictionHigher Timeframe trend = Sell
Retail trader bias = Buy
Institutional bias = Sell
Short term target = retail trader stoploss zone
I would like to clarify that I dont trade with extended targets like the secondary and tertiary ones marked. This might be handy for people who leave runners on their trades.
Also keep in mind that I am only providing my own SUBJECTIVE potential target levels here. The best thing to do would be to drop down to lower timeframes and look for good areas of value to enter that are part of your own plan.
S : -9
C : 15,85 - 56,44
R : 75-25
USDCAD - Short + medium term direction predictionHigher Timeframe trend = Buy
Retail trader bias = Sell
Institutional bias = Buy
Short term target = retail trader stoploss zone
I would like to clarify that I dont trade with extended targets like the secondary and tertiary ones marked. This might be handy for people who leave runners on their trades.
Also keep in mind that I am only providing my own SUBJECTIVE potential target levels here. The best thing to do would be to drop down to lower timeframes and look for good areas of value to enter that are part of your own plan.
S : 10
C : 56,44 - 9-91
R : 28-72
EURUSD SELL ZONEEURUSD SELL ZONE 🔻
📍 Resistance Rejection: 1.05275
🔹 Price formed lower highs and is showing bearish pressure.
🔹 Targeting key support zones:
1st Target: 1.04825
2nd Target: 1.04500
Trade Confirmation:
🔸 Watch for strong bearish momentum continuation.
🔸 Entry Trigger: Break of the local trendline and structure support.
💡 Note: Manage risk carefully with stop-loss above 1.05275.
NZDCAD BearishHave had subsequent breaks of structure to the downside. price is currently at a supply zone
USDJPYUSDJPY is moving to update the roof and on a slightest change in monetary policy by bank of Japan we could see monthly candle rejection based on overall trend direction of the pair.
eurnzd sell signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
GBPJPY to 200!!!!GBPJPY has been off the back of strong bullish momentum and with this break and retest formation we may see buyers hold this level and push for a break of the psychological level 200. Wait for proper rejection in area to enter longs
EURCAD Bearish Drop ExpectedPresence of strong supply zone in 1H in addition to a health bearish trend
eurusdits just made double bottom and as I have seen it I entered it as its already broken the neck line.
EURUSD Trading JournalEURUSD Trading Journal
Dec23
Price is in a Premium from the previous trading range and a discount on the daily. Im actually not expecting much this week. No news today price could be lethargic and side ways.
Price could consolidate in Asia. Should price rally for equal highs I would be looking for a short to 50% level/FVG or could come to the second FVG at range 1.3864.
#EURUSD - 23122024I was bullish EURUSD on Friday and it worked out as plan; a fake test of lows then a move up to our buy target.
I would say that price hit a resistance zone thus the next move will be tricky. But overall, the thesis of a lower high for a move higher. Will look for longs on a re-test of PZ, or in the worst case scenario, from 1.0366.
GBPUSD Potential DownsidesHey Traders, in today's trading session we are monitoring GBPUSD for a selling opportunity around 1.26000 zone, GBPUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.26000 support and resistance area.
Trade safe, Joe.
