While having strong knowledge and an effective strategy is essential for success, they alone are not enough to become a profitable trader. It is important to integrate other key aspects, such as: Risk Management Capital Protection: Adopt strict risk management by using stop-loss orders and limiting your capital exposure on each trade. Diversification: ...
The EURUSD pair unsuccessfully attempts to recover and break upwards from its last high at 1.0533. The recent failure below the oblique resistance H4 shows that the upward movement is potentially over and that sellers are slowly regaining control. In other words, it is difficult to bet on the asset rising with lower and lower highs. A rise in the US dollar in the...
The EURCAD pair has resumed its short-term decline after reaching a 3-month high at 1.5173. Economic tensions between Donald Trump's United States and Canada play a significant role in strengthening the Canadian currency, which had been depreciating against major currencies for several months. The postponement of the U.S. threats to increase tariffs by 25% has...
The CADCHF pair has initiated a strong upward move following news about economic tensions between the United States and Canada. Prices are now reaching a major resistance zone between 0.6366 and 0.6407, suggesting a potential short-term correction. The 0.6300 level remains a reasonable target in this setup, although confirmation is still needed before taking a...
The GBPNZD pair has perfectly bounced downward off its descending trendline, visible on daily and H4 timeframes. The movement is expected to continue down to at least 2.1830 in the coming days. A short-term bullish correction at the current levels cannot be ruled out. To limit risk exposure and avoid a wide stop loss, an ideal entry could be around 2.2050 or...
The EURJPY pair is one of the most interesting assets to watch. Overall, the long-term trend has shifted from strongly bullish to neutral since the highs of July 2024. However, we can observe that each successive bullish rebound is reaching lower highs. With the ECB lowering interest rates and the recent rate hikes by the Bank of Japan, a rebalancing is gradually...
Ethereum has recently bounced off a key long-term support zone, indicating a potential bullish rally. Despite the ongoing Bitcoin-driven bull run, ETH remains far from its all-time high (ATH), making the current price levels attractive for investors looking to enter the market. 📌 Key Technical Insights: ✅ Strong rebound on long-term support ✅ Potential rally...
The chart of the GBPJPY pair is very similar to that of the NZDJPY. Thus, we can see that prices seem to start a rebound on the trend line. So I try to take a bullish position with a stop loss placed at 150.60. A short term target at 152.50 is by no means impossible. Check out my live trades on my MT4 account. Enjoy !
The chart is not very meaningful but it seems that the price of the pair NZDJPY wants to start rising again. The risk / return ratio is very favorable and it would be a shame not to give it a try. I will therefore take an upward position on the pair with a stop loss positioned at 76.95. Check out my live trades on my MT4 account. Enjoy !
The price of the audchf pair has just tested a long term trend line which could be used as support to initiate a bullish rebound in the short to medium term. In this context, I think the risk / reward ratio is very favorable given the recent drop that occurred on Friday. So I take an upside position on the pair with a stop loss at 0.6555. Check out my live trades...
The AUDUSD pair has just tested the last low of August 20, 2021. The price doesn't seem to want to break down this zone. Given the ongoing downward pressure that has lasted since October 29, a bullish breath cannot be ruled out. It is for this reason that I am considering a return to 0.72 or even 0.7250 in the coming days. My stop loss will be positioned at...
Recently, I learned about Ultra, a blockchain project whose goal is to revolutionize the world of video games. The idea behind this project is to offer a new way of consuming dematerialized games by using the power of blockchain and NFTs. Today, online platforms do not allow full ownership of a game purchased online. For example, you cannot resell your game to...
Reports of the emergence of a new variant of COVID-19 in South Africa questioning the effectiveness of vaccines appear to have caused a possible trend reversal in GBPUSD. Indeed, the pound had devalued sharply against the US dollar in recent weeks. From a technical point of view the candlestick has stopped at a support line which could mean that a run up could...
After rising steadily for several weeks, the Canadian dollar seems to have come to a standstill. Why? Last Friday we saw the CAD drop sharply against all other currencies. Concretely this would mean that the AUDCAD pair could start to rise again. The candlestick shows that prices have stopped at a weekly support. It is for this reason that I see a great...
The pair should continue its short term downtrend movement. The price is in fact blocked by the oblique resistance H4. In this configuration the best option is to place a short order with a stop loss above 0.6789 and a take profit around 0.6640. Enjoy !
As I said previously on my GBPJPY analysis. The price is currently following a downtrend line. So in this configuration the timing to attempt a short order here is really interesting. So I decided to place an order at 80.80 with a stop loss at 81.40 and a target at 79.50. Enjoy !
Regarding to the chart I can easily see some correlations between EURJPY and CHFJPY. (See my other analysis on EURJPY). The trend lines are pretty similar here. I have no other choice to take a short order at 119.75 with a stop loss at 120.30. Firt TP is placed at 119 then second TP at 118.50. Enjoy !
The price has reacted positively on the test of the uptrend line daily around 1.9370. In this context, I think that it could be an interesting opportunity to place an order around 1.9500 with 2 targets at 1.9650 then 1.9775. A stop loss could be placed below 1.9365. Enjoy !