FX618Analysis

FX618Analysis Updated 

TRADE TYPE: BUY LIMIT ORDER TRADE DIRECTION: LONG TIMEFRAME: 4H ENTRY PRICE: 1.08700 STOP LOSS: 1.08220 TAKE PROFIT: 1.09190 RISK TO REWARD: 1:1 ANALYSIS: Price broke the supply zone comfortably and now shall look to aim towards the upcoming supply zone . stop loss ideally placed below swing low Follow this thread for any future updates regarding this specific...

FX618Analysis Updated 

TRADE TYPE: BUY LIMIT TRADE DIRECTION: LONG TIMEFRAME: DAILY ENTRY PRICE: 1.34380 STOP LOSS: 1.33100 TAKE PROFIT: 1.35670 RISK TO REWARD: 1:1 ANALYSIS: Price broke the supply zone comfortably and now shall look to aim towards the upcoming supply zone . stop loss ideally placed below swing low. Follow this thread for any future updates regarding this specific...

FX618Analysis Updated 

TRADE TYPE: INSTANT ENTRY TRADE DIRECTION: SHORT TIMEFRAME: DAILY ENTRY PRICE: 0.88000 STOP LOSS: 0.89300 TAKE PROFIT: 0.86600 RISK TO REWARD: 1:1 ANALYSIS: Price broke the demand zone / support and is likely looking to aim for upcoming demand zone / support. stop loss ideally placed above supply zone / swing high Follow this thread for any future updates...

FX618Analysis

TRADE TYPE: SELL LIMIT TRADE DIRECTION: SHORT TIMEFRAME: WEEKLY ENTRY PRICE: 1.10500 STOP LOSS: 1.16000 TAKE PROFIT: 1.04650 RISK TO REWARD: 1:1 ANALYSIS: Price broke the demand zone / support and is likely looking to aim for upcoming demand zone / support. stop loss ideally placed above supply zone / swing high Follow this thread for any future updates...

FX618Analysis Updated 

TRADE TYPE: BUY LIMIT ORDER TRADE DIRECTION: LONG TIMEFRAME: WEEKLY ENTRY PRICE: 1.07000 STOP LOSS: 1.03800 TAKE PROFIT: 1.10500 RISK TO REWARD: 1:1 ANALYSIS: Price broke the supply zone comfortably and now shall look to aim towards the upcoming supply zone . stop loss ideally placed below swing low. Follow this thread for any future updates regarding this...

FX618Analysis

TRADE TYPE: BUY LIMIT TRADE DIRECTION: LONG TIMEFRAME: WEEKLY ENTRY PRICE: 0.87100 STOP LOSS: 0.85000 TAKE PROFIT: 0.89600 RISK TO REWARD: 1:1 ANALYSIS: Price broke the supply zone comfortably and now shall look to aim towards the upcoming supply zone . stop loss ideally placed below swing low. Follow this thread for any future updates regarding this specific...

FX618Analysis Updated 

TRADE TYPE: BUY LIMIT TRADE DIRECTION: LONG TIMEFRAME: MONTHLY ENTRY PRICE: 1.33000 STOP LOSS: 1.25400 TAKE PROFIT: 1.40600 RISK TO REWARD: 1:1 ANALYSIS: Price broke the supply zone comfortably and now shall look to aim towards the upcoming supply zone. stop loss ideally placed below swing low. Follow this thread for any future updates regarding this specific...

FX618Analysis Updated 

TRADE TYPE: SELL LIMIT TRADE DIRECTION: SHORT TIMEFRAME: WEEKLY ENTRY PRICE: 1.35400 STOP LOSS: 1.40600 TAKE PROFIT: 1.30200 RISK TO REWARD: 1:1 ANALYSIS: Price broke the demand zone/ support and is likely looking to aim for upcoming demand zone/ support. stop loss ideally placed above supply zone/ swing high Follow this thread for any future updates regarding...

FX618Analysis Updated 

TRADE TYPE: INSTANT ENTRY TRADE DIRECTION: LONG TIMEFRAME: 4H ENTRY PRICE: 129.400 STOP LOSS: 128.000 TAKE PROFIT: 130.800 RISK TO REWARD: 1:1 ANALYSIS: Price broke the supply zone comfortably and now shall look to aim towards the upcoming supply zone . stop loss ideally placed below swing low. Follow this thread for any future updates regarding this specific...

FX618Analysis Updated 

TRADE TYPE: INSTANT ENTRY TRADE DIRECTION: SHORT TIMEFRAME: 4H ENTRY PRICE: 1.34650 STOP LOSS: 1.35370 TAKE PROFIT: 1.33900 RISK TO REWARD: 1:1 ANALYSIS: Price broke the demand zone / support and is likely looking to aim for upcoming demand zone / support. stop loss ideally placed above supply zone / swing high Follow this thread for any future updates...

FX618Analysis Updated 

TRADE TYPE: INSTANT ENTRY TRADE DIRECTION:LONG TIMEFRAME: 4H ENTRY PRICE: 129.000 STOP LOSS: 127.670 TAKE PROFIT: 131.650 RISK TO REWARD: >1:1 ANALYSIS: Price broke the supply zone comfortably and now shall look to aim towards the upcoming supply zone . stop loss ideally placed below swing low. Follow this thread for any future updates regarding this specific...

FX618Analysis Updated 

TRADE TYPE: INSTANT ENTRY SHORT TRADE DIRECTION: SHORT TIMEFRAME: 4H ENTRY PRICE: 1.08500 STOP LOSS: 1.08900 TAKE PROFIT: 1.07940 RISK TO REWARD: > 1:1 ANALYSIS: Price broke the demand zone / support and is likely looking to aim for upcoming demand zone / support. stop loss ideally placed above supply zone / swing high Follow this thread for any future updates...

FX618Analysis

Based on the technical picture, the AUDUSD has broken the demand zone & support on 4H timeframe which was also confirmed on the daily timeframe. Now the price seems likely to fall towards the upcoming demand zone / support. Have a look at the main chart for full details on this trade. If you wish to enter, make sure the RR is at least 1:1. Trade Cautiously & Safely

FX618Analysis

EURCHF made a supply zone & resistance break on weekly timeframe! Looking for additional conformation, the monthly candle also closed above the supply zone. The ideal target remains the upcoming supply zone and stop out point should be below the swing low. All the technical details available on the main chart. Shall you wish to trade this opportunity you can do so...

FX618Analysis

Yes it seems the EURO is likely headed towards the parity mark and possibly lower shall the demand zone/support marked on the chart break . Well on 4H timeframe it has already broken, however with markets we need extra precaution, therefore the main criteria for this trade to be valid, we need the daily candle to close below the marked level as well. After this...

FX618Analysis

As the eye can see, DXY is consolidating against all major currency pairs. Meaning its likely taking a slight breathing room before the major uptrend resumes. With the major CPI report due this week, all the eyes would be without a doubt on the numbers that would print. Anyhow there are two likely scenarios here that might take place and how it would affect the...

FX618Analysis

With the markets pivoting in the FED's aggressive hiking cycle, there is a fear is the market that the DXY would take a temporary breathing room and consolidate further. But make no mistake! DXY is still in the uptrend as the US economy is showing resilience thus making FED less worried in their quest to tame the inflation by hiking interest rates. Even if the FED...

FX618Analysis

Not a single major currency has been spared by the wrath of USD caused by the FED tightening. The franc being a safehaven currency has depreciated gradually against a super strong greenback. Looking at the all time monthly chart for USDCHF, it can be observed clearly that the swiss franc seems to be higher in value against the USD as the price remains at all time...