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EURUSD sell setup Price broke down the higher low support which make me focus on the new downtrend or sideways. If the trend is really down then comeback the price should not pass the resistance of recent correction. So "Sell" near the resistance will give very good profits ratio.

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1 Hr chart already show the sign of up trend and on last Friday the price retraced to support 0.898 before started to go up again. Switch to 4H chart I see the uptrend is going to establish with MACD above 0 level. So the play is I catch the 1H trend by holding buy position from 0.902 with stop loss under 0.901 and hope for 4H to make N shape pattern after...

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Sell as I guess it is going down

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It maybe a reversal of this yellow metal. The price of gold nicely touch the lower resistance of my descending channel and rebound. Zoom into 30 min chart you will also see the bullish breakaway pattern. So I think it is a good opportunity to join in early of this new trend to get very good risk to reward ratio. I aim for 1225+ at least or near the upper channel.

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Last night FED declared an increment of 25bps of interest rate as consensus. I believe the action will come back to seller start pressuring dollar again due to no more bullet to fear (interest rate and trade war is look easing by now, Japan discuss trade with US) and base on the technical analysis. As show in chart DXY now playing at the resistance or the top...

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As shown in my chart price action at the down trend line look very bearish as a lot of sell pressure push the price down. Sell AUDUSD here to receive best RR ration Stop just above the line and TP at the projection channeling trend line

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Possible trend reversal is coming for AUDUSD. The trade is consistent with my view of DXY will start to decline which give the positive sentiment to all USD pair. Technical view 1. The price just stop again at 4H descending channel 2. 30 min chart show possible double bottom pattern where price rebound after touching the last lowest point 3. Other USD pairs also...

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Potential buy setup for EURUSD. Reason 1. EURUSD Break down trend channel in the early of this week 2. Make 1 higher high then retrace 3. Look like it is forming a new ascending channeling. Buy now to receive best R:R

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Potential Long setup for EURUSD, Price broke downtrend channeling at the early of the week then retrace. Now it's look like the price is formed another ascending channel. Long it right now to receive best R:R.

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Base on the chart it look to me that the USDCAD is going in UP direction. First. in daily chart USDCAD has already broken the lower high resistance since late Octorber. Second, price level decline continuously since then but seem to stop at Fibo 78.6 level. Third, zoom up to 4H chart I see the built up of buying pressure that push USDCAD to break 4H lower high...

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I believe that this week opening for AUDUSD will start with further down move to the lower bound of descending channeling line which is about 0.78200. What make me believe that? 1. DXY index look very bullish for me now after the number of surprising NFP and this should give dollars some more breath to bounce (in my view 5-10 days rebound). 2. Look at AUDUSD, if...

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As show in my chart, I think that GJ should find it support around the uptrend line and ema 222 level, even though it look like the price is currently within the downtrend parallel channel. The reason is base on fundamental. GBP is more bullish than JPY because it is more likely that ECB will start tightening its policy soon as the economy seem to have much...

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As I said nothing cannot go down forever as well as USDCAD, this pair has been going down for sometime with no bounce because the fundamental between US dollar and CAD dollar. However, I believe that it time for USD to bounce next week despite it look like nobody do not want to hold USD anymore. Let's look at the chart this pair has been decreasing within the...

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A new play set up for buying USDCHF. The trade idea are 1. Dollar expected to rise as FED possible to hike the rate in upcoming June 2. Price show reversal at the bottom of daily channel 3. Price has already broken resistance trendline in 1H chart

Easywithtrade Updated 

Gold has been retraced since the early of this month and another down move after FED rate hike. As I see now it look like support at 1240 level can hold the yellow metal price. The price also break 1H trend line as show in pic. So I think this place is one of the better idea to bet for the next up move of the gold. Buy now and Stop loss just below 1240 level.

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Even though it look like the price is in down trend channel and it stopped at the resistance area, I think the price may break the channel. The reason backing up this view is 1. Dollar index is falling down 2. The strength of this up move look very aggressive as it rise sharply 3. Daily candle is very bullish So I think on Monday AUDUSD will go up further anyone...

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Possible Buy setup for NZDJPY as the price level bounce from the uptrend line. Target at the down trend line around 80.000. Both trend lines are part of the triangle.

Easywithtrade Updated 

Nice descending channel setup with good R:R. Sell AUDUSD with TP around 0.73 or see if it break the lower trend line.