AUDUSD was in consolidation period in the 4hr timeframe hitting our demand and supply zones. Then broke our overall trendline all the way to touch the supply zone and came back to retest the trendline giving us an Inverse Head & Shoulder to confirm the buys of the AUDUSD. With a strong dollar to confirm AUDUSDs direction we can catch a few pips to the upside.
GBPAUD has been buying since late 2022 and has been in an uptrend ever since. It broke the trendline in December 2023 and gave us a strong push towards the downside to the support in 1.85580 and still it was not ready to sell even more. It then pushed to the upside to gather enough momentum to sell. GBPAUD turned our trendline into a resistance multiple times and...
GBPCAD has been in an uptrend with a trend in trend analysis and we can clearly see that in the chart. Meaning that we are going to be mostly looking for buying opportunities towards our supply zone.
GBPCAD has been in an up-trend ranging from a top down analysis from a Daily timeframe to a 4hr. In the 4hr timeframe a correction has been made preparing us for a impulse move towards the upside. An inverse Head & Shoulder has been formed to confirm a reversal pattern to the upside. Therefore further more buying opportunities to the supply zone at 1.73210 for the...
GBPUSD has been consolidating for quite some time now, selling high and buying low. Inside this consolidating zone GBPUSD has reached a very strong demand zone which which has been tested multiple times from being support and resistance and from this point we are hoping for it to buy.
The dollar index has been very positive for the previous weeks and because it broke our very strong trend we are hoping for it to continue rising if the NFP news come out positive. The DXY broke the 104.400 resistance that it has been failing to do for the past weeks and came back to retest it become the new support. Will it fail to continue up or will just stoop...
EURGBP is currently in downtrend. It gave us a double bottom reversal pattern indicated with the red arrows. The EURGBP is currently in at a very strong resistance zone where it recently broke and failed to stay above it. If the EURGBP breaks the 0.85800 zone and comes back to retest it we can safely say that we will be going for an uptrend. But failing to do so...
AUDCHF was in a very strong down trend and gave us a triple bottom to show that the trend is changing and buyers are in control. AUDCHF broke the trendline and gave us a flag to continue the uptrend and reached a very strong resistance making it a support to give us a strong confirmation that it is going to buy. With a Symmetrical Triangle formation to gain enough...
EURJPY has been in an overall uptrend shown from a top down analysis meaning that we are mostly looking for buying opportunities. EURJPY has given us an ascending triangle in the 4hr timeframe making a good confirmation for a buy opportunity. Inside the triangle we have an inverse head & shoulder showing a trend reversal as another confirmation why it is going to...
GBPJPY has been ranging in an uptrend which failed to continue the trend. GBPJPY has touched our resistance level on 191.284 making it a strong reversal area multiple times. Then giving us a head and shoulder, then fallowing with breakout retest confirming that we might see a fall towards the 188.185 support.
EURUSD is to go up because of the three touch on my support trend line. Dxy is going down also meaning that it's a high probability that EURUSD shall go up. Also looking at a head and shoulder that's being broken. This is a high probability trade.