USD/CAD is moving in Descending Triangle Parttern. This pairs should be broken support level to keep downtrend. Let me know your comments about this setup Happy Friday!
GBP/USD is broken horizontal support line. Hence I am waiting GBP/USD bounces to go short this pair and using fibonacci ext to find out tp level. Please share your comments about this set up Happy day and trading!
EUR/JPY is completed head and shoulders pattern. Hence I am waiting EUR/JPY bounces to test neckline level. And then, I will go short this pair. Happy day!
AUD/JPY was supported by uptrend line. I tend to this pair will be test this line in short term and keep rising. I keep an eye on some nodes, peak at 70.15 and recently bottom at 67.62 Happy day and trading.
Base on technical, I found the NZD/USD pairs is moving in rising channel and on the way to test channel resistance line. Hence I go long this pair with 1.6226 is my target and SL point at 1.6078 Happy new week and trading
EUR/USD is moving in Pennant Parttern. This pairs should be broken support level to keep downtrend. Let me know your comments about this setup Happy Friday!
As my idea in this pairs in 24-Apr-2020 (), the price react at fibonacci retracement 50 two times before continue downtrend on H4 chart Hence, I user fibonacci ext as a tool to calculate take profit point. You can see in this thread, I go to short with fibonacci ext 23.6 and 38.2 level as my target. Thank for reading and feel free to share your comments.
Today, I see the opportunities to jump in USD/JPY pairs. This pairs is trading rally below 38.2 FIBOlevel and on the way to reach 50.0 FIBO level. Hence, I saw two scenarios can be occcured with this pairs - USD/JPY rebound at FIBO 50 level and break above 38.2 FIBO level, I will go long with 23.6 FIBO level as my target - USD/JPY breaks below FIBO 50 level, I...
XAU/USD still downtrend. USD will be got support from trade tension between US-China Let me know your comments about this setup
Today, I see the opportunities to go long with EUR/AUD, this pairs is trading around resistance turn to support zone. Hence I guess the EUR/AUD will be rebound at this level Let me see your comments about this. Happy day and trading!
I see the opportunities to short with XAUUSD, this pairs is forming double top pattern. Hence I made on my mind to keep an eyes on this pair to find suitable position Let me see your comments about this. Happy day and trading!
Technical: - EUR/JPY approached resistance zone and traded below the SMA26 Fundamental - Expecting ugly Eurozone GDP Q1/2020 Happy day and good luck in trading!
Technical: - SMA26 crossovers below SMA90 - Price around Fibo50 level Fundamental - Covid-19, Brexit deadline will negative impact on GBP Happy day and good luck in trading!
Technical: - Break and retest triangle pattern - SMA26 crossovers SMA90 Fundamental - USD holds safe haven amid risk-off Happy day and good luck in trading!
- Technical: AUD/CAD approaches strong resistance zone that built from 21-Jan-2020 to 29-Mar-2020. Expecting the pulldown from this level - Support level 1: 0.8750 - Support level 2: 0.8500 Happy day and good luck in trading!
- Fundamental: Pressure from oil price - Technical: SMA26 crossovers SMA90 on both H1 and H4 chart