Samuel124

Samuel124 Updated 

Good morning traders and Happy New Year. This is my first 2025 trade: USDJPY Sell. Analysis or commentary will come later. Cheers and Happy trading.

Samuel124 Updated 

Good day traders, Trust we all profited from the FOMC report of yesterday. Please take a moment to go through my outlook and expectation on Euro in the coming weeks into the new year. Overview EUR/USD appears to be rebounding after a sharp decline triggered by yesterday's FOMC report, where the FED delivered a hawkish 25bps cut, which drove higher...

Samuel124 Updated 

Hello Traders, Trust you are doing great. Please take some moment to go through my analysis of USOIL and share your thoughts. Overview USOIL is currently trading at 70.08, with mixed trends across timeframes. On the H4 chart, the pair remains bullish, recovering from a recent correction. Meanwhile, the H1 chart shows a bearish trend in a corrective phase,...

Samuel124

Good morning traders, Trust your day is off to a great start. Take a moment to read my analysis of the Gold market, and give your view. Overview Gold is currently trading at $2,662.25, caught between a bullish and bearish triangle range. This follows an impulsive upward movement from Friday’s low of $2,612.89, driven by the Non-Farm Payroll (NFP) data....

Samuel124 Updated 

Hello Traders, Trust you had a great weekend. Take a moment to read my analysis of the NZDUSD currency pair. Overview The NZD/USD pair is currently trading at 0.58325, maintaining a clear downtrend on both the H1 and H4 timeframes. The pair remains confined within a bearish channel, reflecting continued selling pressure. Idea The price is currently...

Samuel124 Updated 

Hello Traders, Take a moment to read my outlook on USDCAD, and share your thoughts Overview USDCAD is currently trading at 1.40623, showing bullish trends on both the H4 and H1 timeframes. However, the bullish momentum on the H4 appears to be weakening, suggesting the uptrend may be nearing a potential reversal zone. Market sentiment remains bullish, supported...

Samuel124 Updated 

Hello traders, Trust you are doing great. Below is my analysis of EURNZD currency pair. The EURNZD pair, currently trading at 1.78462, is showing potential for a rally due to the convergence of two emerging harmonic patterns: a bearish Cypher and a bearish Butterfly. Both patterns suggest a potential move toward 1.81648, where their D leg projections align. ...

Samuel124

Hello Traders, Trust you are great. Below is my perspective on the probable direction of GBPUSD in the coming days. Overview On the H4 timeframe, GBP/USD remains in a bullish trend. However, on the H1 chart, the pair is consolidating within a bearish structure. Key resistance levels are observed at 1.27219 and 1.27026, with the recent high at 1.27496 marking...

Samuel124 Updated 

Hello traders, I can see that the NZDCAD pair is currently trading at 0.82634, maintaining a bullish trend as price action consistently forms higher highs and higher lows. After a temporary correction from Friday's high of 0.83107 to 0.82495, the pair appears to have resumed its upward trajectory, targeting a breakout above the previous high. Key Observations...

Samuel124 Updated 

Hello Traders, Trust trading has been awesome. Find below my analysis of AUDJPY currency pair. Current Price: 99.738 The pair shows bearish sentiment across the H4, H1, and M30 timeframes, with a downward trend firmly established (as price keeps making lower highs and lower lows). Momentum indicators suggest strong bearish pressure; however, the price is...

Samuel124

Good day Traders, Trust you are doing great. Below is my analysis of GBPUSD. Trend & Sentiment GBPUSD, currently trading at 1.26666, shows signs of a potential bullish reversal. After failing to break the recent low at 1.25966, the pair has started forming higher highs and higher lows, signaling a shift in market dynamics. A clear inverted head-and-shoulders...

Samuel124 Updated 

Hello Traders, Below is my analysis of USDJPY currency pair from H1 perspective. Trend & Sentiment USDJPY is in a strong downtrend, forming lower highs and lows. The recent break below 153.819 confirms bearish momentum, with sellers firmly in control. Key Levels Resistance: 153.962 (Minor), 154.653 (Major) Support: 153.276 Possible Movement Bearish...

Samuel124 Updated 

Hello Traders, Trust trading has been awesome for you. Please find below my analysis of the EURCAD currency pair from H4 perspective. Trend & Sentiment The pair remains bearish, forming lower highs and lows. Sellers maintain control, though the current consolidation suggests temporary indecision, even though price is facing resistance around the 1.48591. Key...

Samuel124

Good day Traders, Trust you are doing great. Here is my brief analysis of the GBPUSD pair. Last week, a bullish Three Drives pattern was identified on GBP/USD, completing on October 17th. Following the pattern's completion, the market experienced a brief impulsive move to the upside before retracing back to the support zone. Currently, the market is testing...

Samuel124 Updated 

Hello Traders, Below is my Technical Analysis of EURNZD. EURNZD has formed a bearish butterfly pattern with points X: 1.79369, A: 1.7442, B: 1.78702, C: 1.76273, D: 1.80786. The current price is 1.80379. Expectation for a drop to 1.78808 in the coming weeks. Additionally, a bearish divergence is noted on the Awesome Oscillator, indicating weakening bullish...

Samuel124 Updated 

Hello traders, A number of harmonic patterns are surfacing today. Here is my analysis of a clear bullish Bat pattern spotted on the EURJPY Pair. The Bullish Bat pattern is a harmonic pattern used in technical analysis to predict potential reversal zones. The EURJPY pair has formed this pattern with the following parameters: X = 168.022 A = 170.293 B...

Samuel124 Updated 

Hello Traders, We have an interesting setup on EURNZD. Between 23rd of Feb and 1st of May, we saw an upward move identified as a corrective wave ABC, with Wave C forming an ending diagonal. Recently, we saw a break of the ending diagonal pattern in wave C, setting the stage for a decline. The break of wave 1 to the downside further confirms our bearish outlook....

Samuel124 Updated 

Good afternoon traders, Trust you are doing great. Please find below my outlook on this cryptocurrency, BTCUSD. Type: Emerging Bullish Gartley Completion Point (D): Projected at approximately 56,282.5 Consider short positions as the pattern approaches this level. Potential Reversal Zone (PRZ): Range: 56,282.50 to 56,036.69 I expect to close short trades...