TheForexClubFX

TheForexClubFX

• Price has rejected a critical area (78.60% Fibonacci Area - Weekly Support - Weekly Trend-Line). We can potentially see price continue it's bullish movement to the upside. • Our biggest obstacle at this moment is our Daily Trend-Line acting as a Counter-Trend-Line. As of right now this is a risk free trade, but we are expecting price to break that area, make a...

TheForexClubFX

@: 1.40370 S/L: 1.39870 (-50.00 PIPS) T/P: 1.42370 (+200 PIPS) Risk/Reward: 4 - 1 Trade Rating: 7/10 (Good) • As market has moved slowly we technically have a confirmation for potential upside movements for this pair. As price seems that it's on its way to reach 1.42500 Weekly Resistance. Which also aligns with our Fibonacci Extension area. • Price overall...

TheForexClubFX

AUD/USD - CTT @: 0.79822 S/L: 0.80100 (-27.80 PIPS) T/P: 0.78645 (+117.00 PIPS) Risk/Reward - 4.77 - 1 - Price has rejected our critical zone (88.60% + Minor Resistance). - Price is over-bought - Expecting price to reach minor support that aligns with our major trend-line (where we could have a potential trend-line rejection and continue on a upside...

TheForexClubFX

XAU/USD - Market Update - Gold about to explode to the upside? We've been seeing that price has managed to pull-back down. Interesting enough; price has pulled back down to our Weekly Support of 1325.00. Which has aligned with a lot of previous structure. We also have a 23.60% Minor Fibonacci Area as well as a potential Major Trend-Line rejection. If we see a...

TheForexClubFX

NZD/JPY - Market Update - Further downside? Previously on this pair we've seen a major 78.60% Fibonacci rejection (followed with a minor 61.80% Fibonacci rejection). Everything has been indicating for price to reach a Minor Support of 78.280 - 79.000. Unless we break 81.500 that would give us a indication to continue up. But everything is leaning towards a...

TheForexClubFX

AUD/USD - Market Update - Price expected to reach 0.80000 Last week we noticed that price had a 23.60% Minor Fibonacci Rejection (despite it not hitting it to the PIP, I consider that a rejection). We are projecting price to reach 0.8000. If price does reach that area, we may be entering a -Critical Zone-. If we manage to see any strong -bearish- candle close...

TheForexClubFX

EUR/CAD - Market Update - Will the 90 Day consolidation end this week? We've seen for the past 90 days that price has been ranging between 1.47500 - 1.52500. We've seen a few break-outs here and there but we have managed to break thing range/consolidation. If we manage to break 1.52500 we could potentially see price reach 1.54000. However; we do have a...

TheForexClubFX

XAU/USD - Market Update - 78.60% Major Fibonacci has been broken! We were struggling all of last week with our Resistance of 1325.00. However; price couldn't break it's consolidated zone of 1312.50. Making another wave to the upside. We've broken our Major Fibonacci of 78.60% which means that we are expecting price to reach 1350.00 and possibly -ABOVE- by the...

TheForexClubFX

We've seen a strong movement to the downside. We are currently in a critical area. (Major Trend-Line - Minor Support - 61.80% Fibonacci). We can potentially see a rise back up on this pair (if we have confirmation). If we see a strong 6H/8H bullish close. We could see another wave up. Target being around 90.00 (Monthly Resistance) & 91.250 (Daily Resistance) If...

TheForexClubFX

XAU/USD (GOLD) - Aggressive 6H Entry (Trend-Change) @: 1282.30 S/L: 1274.00 (-74.5 PIPS) T/P: 1292.05 (+98.6 PIPS) Risk:Reward: 1:17-1 ENTRY: We have seen our 6H candle close -ABOVE- our major trend-line indicating a trend-change. As well as our 8H and 1D candles. We are looking for our Major T/P area of 1300.00 but our 1st T/P area is 1292.05 S/L: We placed...

TheForexClubFX

USD/JPY - Aggressive 6H Entry (Trend-Change) @: 113.692 S/L: 114.445 (-75.3 PIPS) T/P: 112.130 (+156.2 PIPS) Risk:Reward: 2:12-1 ENTRY: We have seen our 6H candle close -BELOW- our major trend-line indicating a trend-change. As well as our 8H and 1D candles of closed -BELOW- as well. We are looking to potentially reach our Minor Support of 112.130 area. S/L:...

TheForexClubFX

XAU/USD - 4H Entry - Very Aggressive @: 1280.57 S/L: 1274.05 ( - 65 PIPS) T/P: 1295.05 (+ 115 PIPS) Risk:Reward: 1.76:1 (Good) ENTRY: We are placing a -BUY- as we saw that our 4H candle has closed -ABOVE- our trend-line. This is a VERY aggressive entry. But we are looking to possibly even reach 1300.00 by the end of the week. S/L: Our Stop is +10 PIPS...

TheForexClubFX

XAU/USD - 6H Entry Confirmation - Minor Trend-Line Break (Aggressive Entry) @: 1279.28 S/L: 1284.40 (-51 PIPS) T/P: 1261.20 (+180 PIPS) Risk:Reward: 3.62:1 (Amazing) ENTRY: As we see that our 6H candle has broken our Minor-Trend-Line we also have a Trend-Line rejection as price has closed -BELOW- our Major Trend-Line. We should be expecting a drop at-least to...

TheForexClubFX

USD/JPY - 6H Entry Confirmation - Minor Trend-Line Break (Aggressive Entry) @: 113.676 S/L: 113.376 (-30 PIPS) T/P: 114.387 (+70 PIPS) Risk:Reward: 2.33:1 (Great) ENTRY: As we see that price has closed -ABOVE- our Minor Trend-Line we are looking to be continuing our up-trend with a possibility of it reaching a Minor Resistance area. S/L: We placed our S/L...

TheForexClubFX

USD/JPY (Market Update): Our overall trend is a up-trend. Currently we are in a -Pull-back-. We currently have no entry confirmation as of right now for either a BUY/SELL. BUY: We want to see if price can close -ABOVE- our Minor Line (doted line). We can -maybe- see a rejection on our 38.2% or our Trend-Line. Potential target being a Minor Resistance (Not...

TheForexClubFX

XAU/USD - 6H Entry Confirmation - Daily Trend-Line Break (Aggressive Entry) @: 1287.84 S/L: 1282.76 (-50 PIPS) T/P: 1300.00 (+121 PIPS) Risk:Reward: 2.78:1 (Great) ENTRY: As we have been previously in a down-trend. It seems that price wants to retest our 1300.00 mark. We saw that our 6H candle has closed -ABOVE- indicating a upside movement. S/L: We placed...

TheForexClubFX

AUD/USD - 6H Entry Confirmation - Minor Trend-Line Break (Pull-Back Entry). @: 0.78745 S/L: 0.78120 (-35 PIPS) T/P: 0.79000 (+52 PIPS) Risk:Reward: 1.83:1 (Good) ENTRY: As we see that price has closed -ABOVE- our Minor-Trend; we should be expecting a rise to the upside. As we never were able to close -BELOW- our Major Trend-Line to the down-side. S/L: We...

TheForexClubFX

XAU/USD - 6H Entry Confirmation - Daily Trend-Line Break - (Aggressive Entry) @: 1295.15 S/L: 1301.04 (-58 PIPS) T/P: 1275.00 (+201 PIPS) Risk:Reward: 3.42:1 (Very Good) ENTRY: As we see that our 6H candle as closed -BELOW- our 1D trend-line we have on our hands a -aggressive- entry; these type of entries come with a lot of risk; but our Risk:Reward was too good...