herotradinggroup

herotradinggroup

Analysing forex from The Market side & perspective. Hello traders, back to EURUSD. Since our last analysis, this market continued to go up for about 150 pips until it reaches high of March, 9. Just right at the beginning of the pandemic. After that, the market seems sideway in the yellow zone for sometimes until it decides to start a new trend. And dont forget...

herotradinggroup

Analysing Forex from The Market side & perspective. Hello traders, today we will analyse GBPUSD. After our analysis last friday, the market went down for 175 pips that we can see it clearly yesterday. But the market goes up again for 95 pips in New York sessions. Not to forget our cleared positions at 1.2600. We have a recommended positions from our last...

herotradinggroup

Hello traders, Lets start our analysis of USDJPY this week. We can see from our last analysis where the market was down for 70 pips until last week closing hours and now it is going back up for also 70 pips to the initial level. This movement cleared two of our posiitons at 107.20 and 106.99. Today, the market seems strong to go up or might be form a sideway...

herotradinggroup

Hello traders, First analysis of this week will be EURUSD. Lets see what happened in this pair last week, where the market went up higher than its last high spike. But it was only a falsebreak before it went down again for 100 pips back to the initial level. This movement cleared our BUY positions at 1.1299, Awesome. Now, in this opening hours, the market seems to...

herotradinggroup

Analysing Forex from The Market side & perspective. Hello traders, This day is friday. This means the market will be closed soon. Lets see at our last analysis where the market was in a sideway zone and just like what we expected, it went all the way up following EURUSD movement. This movement cleared two of our positions which are SELL at 1.2477 and BUY at...

herotradinggroup

Analysing Forex from The Market side & perspective. Hello traders, congrats for the profit. Today we analyse USDJPY. The market movement looks sideway on higher timeframes, we can see the price retrace at some price levels. Today, the market tends to go down and it forms lower low, this could be a start of a new downtrend. We have two positions from our last...

herotradinggroup

Analysing Forex from The Market side & perspective. Hello traders, today we analyse EURUSD. In the last analysis we know that the market was going uptrend and it did for 100 pips until it cleared our two BUY positions at 1.1280 and 1.1333. But it could not break a strong resistance up there and going back down for 60 pips to make a sideway market. We have two...

herotradinggroup

Analysing Forex from The Market side & perspective. Hello traders, we analyze GBPUSD again. Before we start, lets go back to what happened after our last analysis. The Market cleared out our BUY positions at 1.2510 and pullback for 75 pips, but somehow went back up again for 75 pips. Today we see the price is in a sideway zone (yellow zone) but it will get out...

herotradinggroup

Analysing Forex from The Market side & perspective. Hello traders. Last week, the market went up for 100 pips before it went back down for 70 pips at weekly close and also formed sideway (yellow box). This week, the market breaks the sideway and we expect it to go uptrend again. We have two recommendation positions from our last analysis at 107.81 and 106.99,...

herotradinggroup

Analysing Forex from The Market side & perspective. Hello traders. We are few hours into weekly close and EURUSD is sideway. As we can see the market retrace below for a few times indicating new support level. The Market also struggling to go up as it was failed twice. Lets not forget our SELL positions at 1.1227 closed in profit. We have two BUY recommendations...

herotradinggroup

Analysing Forex from The Market side & perspective. Hello traders, lets see what we had in our last analysis. the downtrend of GBPUSD was not that long. After a sideway market, it went up so quick for about 200 pips. Dont forget that we had two clear positions there, Awesome!. Today we have two more positions for traders to open. BUY at 1.2510 to follow the...

herotradinggroup

Analysing Forex from The Market side & perspective. Hello traders, back again to USDJPY. Our last analysis was about the price broke a sideway bottom but right now we can see that the trend is actually going up and it might targeting high of June. We have three positions today. one are BUY positions at 107.81, this is a good positions to follow the trend. Others...

herotradinggroup

Hello traders, before we analyse lets see what happened last time. last week we had uptrend in June, 22 and a huge downtrend until the end of the week. We also had a sell positions closed in profit there. This week the market tried to go up for 70 pips but the na huge one candlestick of bear stopped the trend in no time. be careful, many traders dont expect this...

herotradinggroup

Analysing Forex from The Market side & perspective. Hello traders, lets see what happened last week. GBPUSD rallied with uptrend of 200 pips until mid week and went back down also 200 pips until weekly close. As we can see at June, 25 & 26 that The Market was sideway to attract traders to open positions which matched our SELL positions at 1.2393. Today we have a...

herotradinggroup

Analysing Forex from The Market side & perspective. Let us go back to our analysis last monday when USDJPY was sideway for three days and then a big red candlestick of 100 pips broke it. Many traders thought this was a start of a new downtrend movement so they opened many sell positions. As we said, do not open any positions in this pair. Today, we have one...

herotradinggroup

Analysing Forex from The Market side & perspective. Today on EURUSD. The pair is uptrend for 170 pips since weekly open. like other pairs, this pair counters the last trend which was down. The market might target high of June at 1.1420. So as traders, we have two closest recommendation position at 1.1333 to buy and catch the trend to monthly high. the other is...

herotradinggroup

Analysing Forex from The Market side & perspective. Last week we had a long downtrend of 325 pips until weekly close where it made many traders open sell positions. But this week The Market suddenly going up for 150 pips in one day. this might stop out many sell positions of last week trend followers. Today we have three trading positions. we have sell positions...

herotradinggroup

Analysing Forex from The Market side & perspective. USDJPY was down for about 70 pips last week, and now it is on a sideway market with 107.12 and 106.66 range. In this week opening session the market is still there and also there is no trader positions in the area. It is not recommended for traders to open positions in this pair until it break the sidewa and we...