MekarTrading

MekarTrading Updated 

Hi traders, After impulsive bullish movement in the previous week, AUDUSD is moving back to its support. This is mainly after FED Powell comment regarding the US interest rates. RBA delivered interest rate hike as expected. From technical analytics point of view, there is possibilities that AUDUSD might be bounce back from its Fibonacci 78.6% and follow the...

MekarTrading Updated 

Hi traders, GBPUSD is breaking the resistance. There is potential upside to the trendline resistance. Please keep in mind that GBPUSD primary trend remain bearish. Good luck! I will post more update next week!

MekarTrading Updated 

Hi trader, AUDNZD reach the support trendline. there is potential AUDNZD will bounce back from its support and continue its triangle pattern. Please wait for the rejection confirmation next week to open long position. Good luck! Happy trading!

MekarTrading Updated 

Hi, I am seeing CHFJPY is getting rejection in its resistance which is previous major support. SELL limit 164 SL 164.42 TP1 163.5 (1:1 RR ratio) TP2 162.56 Fibo (0.618) TP3 160 (Fibo Retracement 1.618) Good luck! Happy profit!

MekarTrading Updated 

EURAUD potentially continue the previous move to go lower after breaking the support trendline. We are expecting the EURAUD to retest in the trendline and that will be our opportunity to open sell position. SELL LIMIT 1.657 SL 1.6635 TP 1.644 TP Max 1.633 Happy Profit! Good luck!

MekarTrading Updated 

EURAUD broke its previous trendline resistance and has probability continue to reach Fibonacci retracement between 50% and 61.8%. The primary trend of EURAUD remain bullish and potentially the secondary trendline in daily chart has been completed. I will provide you with the update once the trendline is confirmed. Good luck and happy profit!

MekarTrading

Hi traders, I am seeing the AUDUSD might continue to move higher before continuing its primary trendline to continue bearish trend. The tricky part from this movement is the DXY index that are moving lower after friday's NFP and unemployment rate news which might have indication that AUDUSD might continue to appreciate. Good luck!

MekarTrading Updated 

Hi traders, NZDCHF is hovering in its Fibonacci retracement 61.8% and met with its trendline resistance. There is a probability that NZDCHF will move downward to 0.534 before reversal to create high peak and end the bearish trend. SELL 0.5485 SL 0.552 TP 0.5338 Happy profit Good luck!

MekarTrading

Hi traders, I am seeing EURAUD s moving in secondary movement before continue to go lower. Above is the potential scenario for EURAUD. Beware that tomorrow, there will be RBA interest rate decision. Good luck! Happy profit!

MekarTrading Updated 

Hi traders, following the previous analysis. I am seeing that Bull might overtake bear in the short term. However, there is potential bearish divergence in H4 and because the current price is hovering in 78.6% Fibonacci retracement. SELL 1.435 SL 1.44 TP1 1.4265 TP2 1.415 TP3 1.4 Good luck! Happy profit!

MekarTrading Updated 

EURCAD is probably moving near its strong resistance and finishing its retracement to continue the primary trend (bearish) There are two potential moves for EURCAD with current sell opportunity or waiting for the higher resistance to open sell position Happy trading Good luck!

MekarTrading

Hi traders, I see EURUSD might meet its resistance at 1.057 from previous high. Sell 1.057 TP 1.049 SL 1.0613 Happy Profit! Good luck!

MekarTrading Updated 

Hi traders, I see GBPUSD can have retracement to 1.219 before continuing its primary trend. Good luck!

MekarTrading Updated 

Hi traders, AUDCAD met with its strong support and there is reversal potential BUY 0.8645 TP 0.870 SL 0.862 Happy profit! Good luck!

MekarTrading Updated 

Hi traders, I see potential inverted head and shoulder for NZDUSD pair. We should take attention to potential reversal and entry for BUY in NZDUSD. Price 0.621-0.623 SL 0.616 TP 0.659 Good luck! Happy profit!

MekarTrading Updated 

EURNZD will meet its support on the trendline and combined with its 0.618 Fibonacci retracement area. We are seeing potential rejection with good entry point around 0.75-0.755 with stop loss at 0.7356 and long target at 0.811 Good luck! Happy profit

MekarTrading Updated 

AUDCHF in strong support and have potential reversal. Buy AUDCHF 0.595 SL 0.5912 TP 0.6 TP Max 0.615 Happy profit! Good luck!

MekarTrading

NZDJPY is in still in bullish trend. Buy 88.77 SL 88.46 TP 90 Happy profit! Good luck!