Hello . GBPUSD is over extended in daily and in weekly facing resistance from 50SMA , and is trading below Ichimoku clouds , therefore we expect price to come back and find support in daily , we expect price to retraceback towards mid 1.30 handle before any further important move.. Please follow us for new ideas and updates..
HIGH PROBABILITY LONG SETUP WITH GOOD RR , PRICE MAY CONTINUE TO MOVE HIGHER AFTER TP TARGET TOO..
Hello , we have identified price breaking ascending trendline , which gives us small scalping window ..
Hello Traders , Following up with our weekly analysis of EURNZD we have decided to enter SHORT position for 300 PIPS target with RR 1:2 on EURNZD today . Please check our post on EURNZD weekly analysis to understand better the entry setup. Lets see how this trade workout. Please be advised that all analaysis and trade entries that we post are based on solely...
Hello , we have just opened SHORT position on AUDJPY as price is returning back to 20DMA after bouncing up from same , and is trying to close below flat 20 BB MA , in 4hr price is going towards retest of 77.00 zone .. please follow us for idea n updates..
Hello Traders , We are expecting EURUSD to continue its movement towards 1,1300 - 1,1250 area , as ECB is expected to be more Dovish in its next meeting minutes , also Price is trading below its 20 and 50 SMA in both Daily & Weekly chart with ample space available to the downside in BB . Please follow us to get more ideas n updates..
Hello , USDCHF is expected to retrace a bit from strong 0,999 support zone and go back to retest 50 DMA before heading towards parity. Idea is solely based on price action at resistance , There are no technical indicators supporting SHORT except ichimoku cloud , where price is inside cloud in >Daily chart advising indecision , therefore caution is advised.
Hello , We are expecting USDJPY to touch or maybe cross 110 level in coming sessions because of trend continuation , Before in Asian Session JPY news has been not positive for the currency, which also strengthens our view of remaining LONG in USDJPY for now . Technicaly Pair is trading above 20MA and 9/21 MA has crossed towards upside , Pair is moving towards...
Hello Traders , USDCAD seems to move towards upside to test 50 Daily MA for resistance, and if passed could move upto 1.34 level before finding resistance from 20 BB MA , we will be remaining LONG on this pair till ascending Trendline on 1hr/4hr chart is intact , as overall bias is SHORT we will be looking to SHORT positions on break of TL towards 1.30 Level.
We are expecting USDJPY to retest 109 support levels before attempting towards 110 ..
GBPAUD is currently near to Top Line of descending channel and also facing strong resistance at 1,82 levels , therefore we expect price to RETRACE little bit before continuing up and trying to break Channel Upper Line OR it may just keep on declinig to trade within Descending Channel towards lower price levels.. Look for shorting opportunities in Lower time...
Hello , We are awaiting for EURUSD to break ascending TL and continue on path towards 1,1300 level where it is expected to find support.. However if price manages to close higher and invalidate our Resistance line (Golden ) then we may expect bears loosing power and price may move higher , therefore Short trades are not advised. To get maximum out of trend we...
Hello , We suggest to wait for price to confirm its direction before entering trade in USDCAD ,because for now price can move in any direction and no valid intraday trade setup is present till price is in Triangle , However as price is near to a breakout , we suggest keeping an eye on this pair for upcoming long or short opportunities. Please follow to get...
Hello Traders, Gold is still going short since there is strong resistance from descending trendline , in daily chart there is ample space for pullback , dollar is also strong today ... all these arguments suggests shorting opportunity.
Hello , we are expecting pullback in GOLD towards upward trendline in coming sessions since price has not been able to go higher in last 7daily sessions , and has broken few minor up trendlines. Please follow me to get updated trades during the week.
Hello Traders, Price has returned back into triangle after breakout of yesterday with strong rejection at 1.3270 level which is signalling Strong Bearish trend Resumption.. However such price action has also formed Parallel Channel formation , which may provide some support in meantime , However we expect ascending short term trendline to break and USDCAD to...
Hello Traders , We are shorting EURJPY now since price is going downwards after retest of my trendlines , in both DAILY & 4HR chart its in downtrend , bollinger bands are facing down and price is below 50SMA , All Ideas we post are based solely on Technical analysis , therefore always consider timing of fundamentals news and its probable effect on trades...
Price perfectly rejected from descending trendline and is below Moving Averages , downside is favoured , hence a Sell position opened.