Tradebudz

Tradebudz

Dear Traders, I have identified a compelling trading opportunity on the NZDJPY currency pair. The price has recently reached a significant resistance level on the H4 time frame, currently trading near 91.500. This level presents a favorable point for price action to initiate a bearish move. I anticipate a continuation of the downtrend from this point. To manage...

Tradebudz

Dear Traders, I hope you all had a great weekend and are ready for the week ahead. Weekends are a great time to reset and focus, especially in trading where the constant changes in market prices can sometimes cloud our judgment. In my recent analysis, I reflected on a period of consecutive losses. However, it's important to remember that while we can't control...

Tradebudz

Hello Fellow Traders, As we wrap up the week, I want to reflect on the past two weeks, during which I've experienced consecutive losses. Such ups and downs are a natural part of trading, and they serve as valuable learning experiences. I remain committed to sharing my insights and outlook with you all. Currently, I have ongoing positions on GBPCHF, based on a...

Tradebudz

Dear Traders, As the New York session begins, we're seeing increased volatility in the market. I've observed a significant price action on NZDJPY, with the price breaking strongly above the previous resistance level, establishing a new range. I am now considering a long position, aiming to capitalize on the upward momentum and target the previous high. Remember,...

Tradebudz

The Consumer Price Index (CPI) has exceeded expectations for the third consecutive month. This development suggests that the US30 price may have reached a monthly low and could potentially continue its upward trajectory, establishing new higher highs as investors are likely to maintain their investments. What are your thoughts? Tradebudz

Tradebudz

Greetings, Traders. The EURUSD pair is exhibiting intriguing price dynamics. Given that we are in the New York trading session, I foresee a steady upward movement towards the critical level of 1.09000 and beyond. Current stops positioned below 1.08580 will act as my exit barrier, primarily because it would infringe upon my entry signal. If the price penetrates...

Tradebudz

The GBPCHF pair has been hovering at a peak for approximately four weeks, indicating a potential high-risk trading opportunity. There is a possibility of a downturn in the near future. An entry signal was identified on the 15-minute chart, offering a favorable risk-reward ratio. It remains to be seen how the price will react. As always, prudent risk management...

Tradebudz

Hey Traders, I trust you all had a profitable week navigating the EURAUD and various other trading opportunities that were discussed within our community. As we venture into the new trading week, I'd like to draw your attention to a potentially lucrative shorting opportunity in GBPCAD. Throughout the previous week, I diligently monitored the price action of...

Tradebudz

Fellow Traders, Yesterday, our long position on EURAUD was closed due to the prevailing strength of the Australian dollar. However, today presents a fresh opportunity for a potential long position. We anticipate the London session to catalyze momentum in favor of the euro, offering a favorable environment for us to execute a trade. Our target for this trade is...

Tradebudz

Dear esteemed traders, It has indeed been some time since I last shared an idea, but today, I bring forth an analysis that merits our attention: EURUSD. Observing the current market dynamics, there is a discernible momentum gathering to the downside. It is evident that the dollar bulls are asserting their strength, poised to breach the near-term barriers...

Tradebudz

Greetings, Euraud is currently exhibiting intriguing price action, with a noteworthy trend on the daily timeframe, featuring consistent higher highs and higher lows. My long-term outlook remains bullish, as long as the price doesn't breach the 1.6300 support level. At present, I am opting for a short position with a target of 1.6500, given the current elevated...

03:55

Tradebudz

Kind of mixed views on GOLD. Lets see how it plays out. share your thoughts

Tradebudz

Gold has been exhibiting a peculiar pattern over the past 16 days of trading, encompassing only half of the current month. It's crucial to recognize that as we approach the middle of June, a significant market shift may be on the horizon. To gain a comprehensive perspective on the potential movement of the monthly price, I have analyzed the monthly and weekly...

Tradebudz

After analyzing the current price of GU (currency pair), it appears that a potential selling opportunity is emerging. However, it is worth considering that the price might continue to rise throughout the day. Presently, the short position seems more favorable based on the unfolding market structure observed on the 30-minute and one-hour timeframes. The previous...

13:31

Tradebudz

Dear Traders, I would like to discuss potential shorting opportunities in the USDCAD market. In analyzing the market, I have examined the chart from yearly to H1 timeframes. I welcome any feedback on my analysis and suggestions on how I can enhance the quality of my content. I do apologize for any fluctuations in my vocal delivery, and I am taking steps to...

Tradebudz

Ninja Bulls Are Fighting hard (CAD/JPY) The Yen has been fighting against the Cad to push the price down, At this point, there are multiple confluences that are in line with shorts. Price, 1stly, has rejected a higher time frame resistance, it then goes ahead and breaks out of a wedge and now comes back to retest the level at 105.00. We see that on the...

Tradebudz

Looking at the Long Term on Fibre (EUR/USD) Price is currently heavily bearish on the higher time frames such as the weekly and monthly, Understanding this, I would like to only focus on short positions, Price could easily start dropping from the current price, and that's fine, I prefer to find a better price to short the instrument. The current structure shows a...

Tradebudz

Happy Wednesday Traders, As we are now halfway through the week, I hope and trust it has been a great one this far. Silver (XAG/USD) Provides us again with a potential short swing setup to take advantage of, Price has hit a strong resistance level at 20.500 which was an untested resistance level, Price has taken a while to pull back and retest the level, But now...