AlbashafFX

AlbashafFX Updated 

As you can see from the Chart above, we're recently test our Supply Area and Struggled just to touche it. This prove that our Downtrend won't end soon. I do believe that Downtrend continuation won't be starting too either, we can see that the Bulls are build up below our Supply Area getting ready to retest this zone again. Our most likely scenario are the price...

AlbashafFX Updated 

We have been in a sharp fall and the price keep pushing down without correction. but the price can't keep falling forever, at somepoint the price has to correct itself. as we can see from the Chart, we can see some Wick Rejection just above our Support Zone indicating Bulls trying to take control but the Bears not giving up yet. and next we can see a big Bear...

AlbashafFX

As we can see from higher Timeframe CADJPY are in a long Uptrend, respecting our current Trend Line multiple times. and now the price draws back into our Trend Line. But, from 4H Timeframe we can see that Reverse Head & Shoulder Pattern signaling another Bulls Run in near future. Our most likely scenario, CADJPY will fall into Trend Line again. Stop Loss...

AlbashafFX

As we can see from the chart below AUDCHF keep respecting our Trend Line, The Bulls found support @0.69 Level but failing to Break our Trend Line. Bears pushing the Price further down into our next Support Level @0.67 I believe our current Support Level will hold the Price and push it higher into our Trend Line. this Support Level has rejected price before...

AlbashafFX

As you can see on the Daily Chart, CHFJPY have been in a long sideways market for soo long, we can see that at Dec'20 to Apr'21 there are some build up momentum on our top side Channel. This build up finally break our Channel signalling a new Trend Change. From 4H perspective, we can see the price comeback to our Upside Channel for a retest, and The Bulls Come...

AlbashafFX

As we can see on the 4H Time Frames, We are in a Downtrend, But if we see from Weekly Chart We're currently on a Pullback move. The Trend Line proved to be strong, and there's no sign of the price could break it right now. At the Trend Line we can see the price forming Double Bottom setup, and the price having a little correction, but it seems like, more and...

AlbashafFX

As you can see on 4H Time Frames, there's some crucial information of what's happening right now. Our Trend Line has succesfully Reverse the Price at 21 June Low, but there's no follow trough from the bulls, The Price couldn't even make a new high and turning down again. The Bulls are trying to reverse the price again at 30 June, and meet the same result, without...

AlbashafFX

As you can see on the Daily Chart. The Bulls are trying to break our Supply Zone but rejected immediately, indicating this is a strong Supply area, A Second attempt met the same ending at 12 May High. But The Bulls are not leaving yet, a Strong Trend Line formed below our Structure High, Signaling next breakout attempt, and it getting closer into our next and...

AlbashafFX

Our last analysis not played as we expect it to be, The Bears are losing hope to break our lower Trend Line, The Bulls retake control of The Price now, forming a Perfect Engulfing Candle signaling a rally to the upside. But the Bulls still have big obstacle ahead of Breking our next Supply Area. if The Bulls succesfully Break this zone, and then we can be sure...

AlbashafFX

Unfortunately, the channel that we used on our previous analysis seem not respected by the price {link on related ideas). So let's start again, from scratch. As we can see on the chart, The Bulls are trying to retake its last high position but find struggle with our Supply Area. im pessimistic if the bulls could break this zone, so my most likely scenario are,...

AlbashafFX

After the Bulls losing the battle to rescore a new High, the price got rejected into our Daily Trend Line, The First attemp was a failure, and the second one doesn't even have enough Bears to touch the Line, So i'm Expecting the Bulls are still there, waiting for another test of new High. The Chart are currently forming a nice Triangle Pattern, I expect it will...

AlbashafFX Updated 

As you can see on the daily chart, the price currently strunggling to break our Demand Zone, A key Reversal Bar spotted on the Daily Chart indicating the Bulls hasn't leave yet. Our most likely Scenario are the price will rise again to our supply Area forming Head and Shoulder Pattern, and then there will be enough confirmation for us to take our Short Trade. If...

AlbashafFX

On my previous analysis, im saying to becarefull of upside false breakout (link on related ideas). NFP Report : Previous : 583.000 Forecasted : 700.000 Actual : 850.000 (The Strongest Job Growth in 10 month) USD will be stronger. I will be focusing on shorting right now, and i strongly believe our previous Termination Zone will Hold. Stay Safe, Stay Green Brother,

AlbashafFX

We are currently testing a Strong Demand Area, and the Bears are starting to lose momentum as we can see on the 4H Chart. On this specific area, we can see some Rejection, with a nice Reversal Bar and the next one which is a Bullish Three Bar Reversal. Our most likely scenario are the price will rise again and break our current Trend Line, Having small retest and...

AlbashafFX Updated 

If you haven't look at my DxY analysis today, you better check it out below, On DxY the price are going to face a minor resistance soon so i expect Eur/USD will have a little Pullback from our minor Support on the Chart before continouing move to the downside, our next target are Daily Trendline 1.18100 - 1.18300 Congrats if you're with me from our last...

AlbashafFX

The Price move exactly as we expected from our last analysis (Link Below). The Price melt into our target, and the Bulls expect Double Bottom Setup as a comeback. Unfortunately for them, a Bearish Bar broke the Termination Zone with Body Closed below our Zone, Violating our Double Bottom Setup. This makes our sentiment on Eur/USD pairs still Bearish. Our...

AlbashafFX

On my previous DxY Analysis, the price are going exactly as we expected (link below) Rising to our Minor Resistance Zone, a slight Pullback, Hitting our Bullish Confirmation, and pierce Our Resistance scoring a new High. Right now, the Price still have some room for Growth, but we doubt it will break. USD are losing it's momentum right now, so we expected some...

AlbashafFX Updated 

If you haven't seen my last DxY analysis, please check it out below, i'm pretty confidence on my analysis that USD are ready to make it Big Move today or tomorrow. So, here my bias on GBP/USD are still Bearish, the price are not making enough movement to confirm bearish continuation yet, because our Strong Supply Zone are not filled yet. The Bears are still...