CADJPY / Weekly chart Trade Bais: Bearish. From An analytical point of view we see the CADJPY approaching a very important area that combines three trading strategies : 1- Strong resistance zone. 2- 0.5 Fib Level. 3- The monthly trend line for the bearish trend. For our long-term trade, we will be watching what type of price action we get when price approaches...
BTCUSD / 1D The last week has been very strong buys on Bitcoin which caused a crossover on the moving averages making all traders technical traders and investors jump on the current bull wave. For our analysis, we see a continuation of the bull trend, if we get a break of instruction towards the next high we might consider a really strong bull after a...
USDJPY / Weely USDJPY has been in a bullish trend and now it's rising to test a very strong resistance level, we expect the price to go down after taking the highs or just approaching them, if the sellers are strong enough to make the price break the bullish structure then this might turn to be a long-term swing trade. Trade safe, Trader Leo
AUDJPY / 1D AUDJPY is trading at a key level, what happens after this is very important for us to pick a bias. Scenario 1: bearish If price pushes down, it does so impulsively a subsequent tight one-hour flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. Scenario 1: bearish We...
CHFJPY / 4H CHFJPY has been respecting a weekly falling channel and now the price is testing the resistance in this channel around a very strong key level. We expect the price to the range for a while before falling and continue the reverse down. Please note this is not financial advice, it's purely for education purposes, things to watch for : 1- price action...
Gold / 2H Gold seems to repeat some patterns that we have seen before, March 2021 for example, we will be looking for shorts at the moment keeping in mind price action and confirmations. And we will be looking for going long on gold for a long-term trade once we confirm the double bottom. Trade safe, Trader Leo
USDCHF / 4H USD-CHF is trading in an uptrend and now is in a retracement phase The trend seems to follow rising channel which makes our bias to long on this pair. Please understand this is not a signal, this is just technical analysis that needs to be confirmed through price action. Trade safe, Trader Leo.
AUDUSD / 4H If the price reaches the resistance level at 0.73153 zone would held itself again.
Us30 / 1H Recent price action indicates that we are looking at a reverse, plus timing with the NFP tomorrow, this setup might have a high probability of playing out. Please understand this is not a signal, this is just a technical view on price action. Trade safe, Trader Leo.
Gold / 4H From a technical point of view, it's an ahead and shoulder pattern with, high probability of success.
EURGBP / 4H EURGBP has been trading inside a rising channel and the pair is retesting rising support. As long as the price still making a series of new highs and new high lows our bias will be bullish on this pair.
NZDCHF / 4H NZDCHF has broken the structure last Friday and now trading above both the channel and the 0.5 Fib level, as for the moment, our bias is bullish for multiple reasons (Daily chart), but if we see the price push down on Monday open we'll switch to be shorting.
AUDCAD / 4H AUDCAD has been in a downtrend and is not consolidating and testing a key Support/ Resistance level below the 0.382 Fib level. We expect the price will consolidate further and the bearish trend will continue. Excuse the trade in the chart, it's a VIP trade that we have been managing the last week.
EURJPY / 4H EURJPY has been consolidating after a correction on an upper trend. we expect the price to consolidate more before resuming the upper trend.