Entry Level: 0.6600 Stop-Loss: 0.6650 Take-Profit: 0.6500 Analysis: The AUD/USD pair is facing resistance at 0.6600. A short position from this level, targeting a decline to 0.6500, is advisable.
Entry Level: 1.4850 Stop-Loss: 1.4900 Take-Profit: 1.4750 Analysis: The EUR/USD pair has recently reached a high of 1.4850. Given the overbought conditions, a short position is advisable at this level, targeting a correction towards 1.4750.
Entry Level: 1.9200 Stop-Loss: 1.9150 Take-Profit: 1.9300 Analysis: The GBP/AUD pair reflects the pound's dominance over the Australian dollar. Entering a long position at 1.9200, with a stop-loss at 1.9150 and a take-profit at 1.9300, aligns with the prevailing market trend.
Trade Setup for EUR/GBP Short Position: Entry Level: 0.8310 Stop-Loss: 0.8360 Take-Profit: 0.8230 Analysis: The EUR/GBP pair has been exhibiting a downtrend, with recent technical indicators supporting further declines. A short entry at 0.8310, with a stop-loss at 0.8360 and a take-profit at 0.8230, aligns with the prevailing bearish sentiment.
I see the Jpy strong the following days . We must be patient and wait to see if the price can go up to 91.2. Previous support now resistance. We must check the price action in smaller timeframes and if we get the right signals then short to 89.45 to 89.50, so 170 pips (weekly ATR) and support. The stop can be aggressive to 91.65 or to 92.15, I will go with the...
The downtrend will continue next week. I believe even we get a reversal that if we take the short trade in this spot we will get enough room to be at BE. Pay attention to priceaction in a smaller timeframe.
A solid upttrend line (price action). It follows the trendline, but we must wait for breaking the oposite trendline in 1 hour chart
A solid upttrend line (price action). It follows the trendline, but we must wait for breaking the oposite trendline in 1 hour chart
Wait to make a correction to 1,5725/35 and then buy (of course check the price action to lower time frames).
Waiting the correction and then sell again. Previous week we saw that the yen is getting stronger and the dollar weaken so I think that is a good opportunity and good r/r
My idea for the following week is that Aussies will be weak.
Following trend up to the R2 weekly recistance. Nzd seems strong this week and the target is in the weekly ATR
Dollar is weak. Nzd is in an uptrend so buy in a small retracement and take profit at the weekly R2, 0.7150
follow the trend, 2h MVA, fib retr/ext. It seems that is following the 20 MVA and the 1,9374 is S2 and FIB extension
GBP USD SHORT , FOLLOWING THE TREND.Usd getting stronger, daily pin bar
Aud nzd short, following the down trend in bigger timeframes