CapitalHillFX

CapitalHillFX

The buy setup I called on CadChf is beginning to play out. Price has broken and is currently retesting the Daily Significant Level of interest. We are already displaying some bullish rejection away from the level, but I'll be waiting for candle closures before I pull the trigger on anything.

CapitalHillFX

EurJpy seems to be at a price point that seems neutral in my opinion. Considering price has been bearishly retracing on the daily chart, there could still be some selling steam for the future. But looking at the short-term, it seems that the buyers have been in control. A major level that could dictate the sentiment of this pair is the Daily Significant Level that...

CapitalHillFX

On CadChf, price has been channeling through a bearish channel for quite some time now. Within this channel, price action has created a Daily Significant Level that price has just recently approached. Considering we've experienced significant bullish rejection off of the Non-Horizontal Support Level and are continuing to create bullish market structure, I'll be...

CapitalHillFX

On CadJpy, we've been creating bearish market structure ever since price has approached the long-term Weekly Resistance Level. On the short term, I'll be waiting for price to reach the Significant Daily Level before presenting bearish rejection towards the downside. Once bearish rejection is present at this predefined level, sells are viable. For now, just...

CapitalHillFX

Looking at AudUsd, the sentiment of the pair has contextually changed over the last couple of days. With its bullish push to possibly break market structure, we could be seeing more bulls come into play. An interesting news release that could cause a bullish or bearish breakout for this pair is the NFP event tomorrow afternoon. This should cause a high...

CapitalHillFX

Looking at GbpJpy, price has been establishing a bearish downtrend channel ever since we've come up to the long-term Weekly Resistance Level. Within this downtrend channel, price has now found itself approaching a Significant Daily Level and Non-Horizontal Resistance Level. This pivot point could be a catalyst to drive price towards the downside. For...

CapitalHillFX

Looking at EurAud on the daily chart, price is exhibiting a steep bearish retracement after a strong bullish rally towards the upside. I believe that more bearish movement will follow until enough liquidity is found for buyers to drive the price towards up! For the time being, price could possibly drop towards the Non-Horizontal Support Level that is...

CapitalHillFX

Looking at NzdUsd, we could be seeing a potential sell setup forming. Price has been creating relatively downtrend structure ever since we've ran into the long term Non-Horizontal Resistance Level. Throughout this "choppy" downtrend structure that price action has been creating, there's an interesting pivot point that could potentially drive price towards the...

CapitalHillFX

On EurJpy, price has been in an overall bearish retracement for quite some time now. Unless the buyers prove that they are taking over, my bias will continue to be bearish for the time being. We could notice that price has fully retraced back to a Daily Significant Horizontal Level and bearish pressure is identified. If we could get a strong bearish H4 candle...

CapitalHillFX

CadJpy is beginning to form an interesting sell setup if it's able to break the current Significant Daily Level that it's testing for now. We could see that market structure has been strongly bullish until it reached the Weekly Resistance Level. Once price came to this zone, structure is beginning to switch from bullish to bearish. If price manages to have a...

CapitalHillFX

On AudJpy, I'm looking for the same type of deal that we're looking for on AudUsd. Price has retraced back to a Significant Horizontal Level, and now I'm just waiting for proper bearish rejection. This pair may be a little trickier because the Daily Level is not as defined as the other AUD pair. With this being said, it could be possible that price may...

CapitalHillFX

On AudUsd, price has fully retraced back to the Weekly Horizontal Level, and is beginning to show some bearish rejection on the daily timeframe. Scoping into the 4H chart, I'll be waiting for a strong bearish candle closure before confidently placing a sell order on this pair.

CapitalHillFX

On EurJpy, price has been in an overall bearish retracement for quite some time now. Unless the buyers prove that they are taking over, my bias will continue to be bearish for the time being. We could notice that price has fully retraced back to a Daily Significant Horizontal Level and bearish pressure is identified. If we could get a strong bearish H4 candle...

CapitalHillFX

On UsdCad, a potential buy setup could be forming. On the daily timeframe, it could be identified that buyers seem to be taking over this pair for the time being. I'll be attempting to ride the bullish wave while it's trending. On the smaller timeframes, we could notice that price had a strong bullish rally towards the upside followed by a huge selloff that...

CapitalHillFX

Looking at EurJpy, we could identify a sell setup beginning to develop. Starting on the daily timeframe, price has been in a steady bearish retracement for quite some time now. Until the buyers show that they are taking over, I will continue to ride this bearish retracement. On the lower timeframes, we could notice that price has cracked below a Daily Significant...

CapitalHillFX

We have a simliar setup on NzdJpy that we did on NzdUsd. Price has recently broken the Weekly Significant Level and come back to retest it for the time being. Now, all we need is a strong bearish candle closure off of the zone to signify the selling pressure at this area. This would identify downside potential for the future. Just waiting to see how the next...

CapitalHillFX

A sell setup seems very interesting on NzdUsd. Price has had a bearish push past the Significant Daily Level and is currently retracing back towards the level. If we could get a complete pullback to around the .69200 zone, I'll be waiting for bearish rejection per usual before executing on sell orders.

CapitalHillFX

A buy setup on GbpNzd could be forming for the time being. We have had a bullish break past the Significant H4 Level and slowly but surely we've come back to retest it for now. If we could get a strong bullish candle closure off of this level, that could identify possible upside potential for the future. For now, just waiting for significant enough rejection.