Hi Traders Please see our analysis off EurJpy which we will be looking to take a short position on and take advantage of JPY strength. As we have a risk entry on over at our GbpJpy scenario we will taken a less risker entry on this pair and waiting for a confimation to enter on the break of the trend. As always trade safely and remember 1% is enough....
Hi traders Please see our analysis of Gbp/Usd. We previous analysed this pair and marked on the charts our bearish expectation which we gone into our decision zone and it appears we may now be at the start of a major bullish cycle for cable. Do you agree with the Elliot wave used here? Let me know in the comments below and as always trade safely 1% is...
Hi Traders Please see our above chart on Gbp/Jpy and the subsequent full analysis. As you can see from the chart we are fully anticipating a major bearish move on this pair. There is massive risk to reward potential on this set up and there is multiple area's on the way down that you can take partials or let the trade run its full course whatever aligns...
Hi Traders Please see our initial analysis on Gbp/Usd. Technicals: We can see how exhausted price looks at this level and we have rejection after rejection at at the 1.36 handle which in turn has created day after day off bearish pin barS and showing that continueD rejection. We could see first off all price has created the massive impulse to the upside...
Hi Traders Please see our analysis on AudJpy. We are anticipating some JPY strength coming into the market but we are yet to see this so want to see some reversal momentum coming in before we commit to this trade. A rejection here and a break of the ascending trend will give us that confirmation and we can then start looking for shorting opportunities....
Hi traders We will be looking for a rejection here at the top end of our channel to allow us to start looking for shorting opportunities on lower time frames. Price long term is still massively bearish and we are anticipating some JPY strength coming into the market soon that should pull this down. We do want to see the market reject this here and rather...
Hi Traders Please see our above analysis on Gbp/Jpy. We have been watching this all week and today is the day we believe GJ is going to break down and reverse. Please see our position which we intend to take when triggered. Note this is a risk on entry and if you would like to enter under a scenario please wait on a confirm lower high or equal high followed...
Hi Traders Please see our analysis on Gbp/Usd. Remember today we have high impacting USD news so volatility may be present during this time and you may consider waiting to enter on this pair after the news as it always have the potential to take you out and then continue in your targeted direction. USD high impacting job data will start being released at...
Hi traders We are looking like we are setting up for a massive drop again on EurUsd. We have high impacting USD news at 13:30GMT so will anticipate this giving us the volume and liquidity to make a start on this reversal and move to the downside. Please monitor your position more carefully during the above news and price will be volatile as normal....
Hi Traders Please see the above chart of Meta. After the most recent media attack on Facebook it reported users deleting and uninstalling the app for competitor TikTok. This seen Meta lose over $230 billion in its market cap. Are we worried or are we excited to buy up on this cheap cheap price? Let me know in the comments below if you are considering...
Hi Traders Please see our analysis off Doge coin. After breaking down the chart unfortunately it looks like the death of doge coin is imminent. BUT We can still make some good profit on a bearish move back to the downside. Let me know in the comments below if you still think "DOGE TO THE MOON" As always trade safely and best off luck!! The Fx Chartist
Hi Traders Please see the above chart of Gbp/Aud. We have taken an entry on this already at that start of the week which is currently running over 240+ pips and there is still some left to get in! We will be monitoring price for a pullback into either an EMA or the trend aswell as looking out for things such as a bearish flag etc. # Plenty more downside...
Hi Traders Please see our 1hr chart on Xau/Usd (Gold). We previously completed a full break down of Gold on the 4hr chart which is linked below for your reference. Here on the 1hr chart is how we plan on entering this position. Let me know if you are getting in on a gold short position and how you plan on doing so. As always trade safely and follow...
Hi Traders Please see our updated analysis on Gbp/Usd. We were initially looking for a short position yesterday however price has continued its bullish momentum and we think we have a day or two more of bullish momentum before we start seeing price reverse. We did mention before that price may need a deeper move before seeing some kind of downside movement....
Hi Traders Who is ready for another profitable week in the markets? Here we have NZDJPY. We are anticipating some further weakness coming into the New Zealand dollar and at the same time seeing some strength coming into the Japanese Yen making this the perfect set up for us. This position has set up nicely for us with the below confluence factors: -...
Hi Traders Please see our above analysis on NZDCAD. This is in line with our previous post on NZDJPY. Note it would not be sensible to take both these positions and taking one or the other would be the correct way to manage your risk. We do expect to the see the move on both pairs. Lets see how it develops this week. Have a safe and profitable week! ...
Hi traders Please have an analytical look over our analysis for GBP/NZD. We have been waiting and waiting this pair for a week or so now and we could be close to getting an opportunity to get in at the top of this shorting opportunity. NZD has been under significant pressure these past weeks and its not as if we are expecting massive NZD strength however...
Hi traders [/b} Please see our analysis for GBPJPY. Now GJ is one of my favorite pairs to trade I just think its extremely easy for trading. Let me know in the comments below your favorite pair to trade? Price has been trading within the range of the ascending channel for quite some time and as we have p. We are anticaptingsome further USD strength and GBP...