Basic support and resistance plus the touch of the last week's high
And this is what I think for this pair. Not the best looking pair but a lot of rejections at support
Here is a great opportunity to go Long GBPCHF with a reasonably good risk to reward ratio.
Here is what I think for EURCAD. It is almost inline with EURJPY.
Here is a long opportunity for AUDUSD. However risk to reward ratio is not that attractive.
Like GBPAUD, this pair is also ready to fall. Good luck out there
Here is what I think for USDJPY. Good luck out there :)
Here is what I think about GBPAUD and also similar stuff for EURAUD
This is one of those trades that I like as on several relativity longer TFs is looking bullish.
It has been a month that we are short on this pair and now is offering another entry.
I think there might be a good shorting opportunity for this pair, taking to account that D1 has just visited several EMAs and the crazy bid for the YEN since the beginning of the week. I may update it later. Good luck
I think EURUSD has the potential to get higher at this level. The overall move will be bearish but it should go to a retracement first, I thinks,
A classic example of the wedge formation where the price fails to reach the upper band or the lower band of the wedge (in this case the lower band) and breaks the other side of the wedge formation.
On 27 January, I posted a call for fake break-out of the neckline for an inverted H&S for EURCAD. Entry price was 1.4545 and it is in 86 pips of profit now (current pre-open price 1.4459). Please see the Related Ideas. I see a great selling opportunity for this pair in the coming week for the following reasons: Weekly Weighted Average CAD is about to break the...
The reason for this trade is the Weekly Weighted Average CAD and the Monthly Weighted Average YEN. Let's start with CAD As it can be seen average weekly CAD in Jan tried to break the resistance to get at least to the EMAs (14 and 21). Could not do it. Here is the second attempt. Most likely it gets to the EMA if not breaking the resistance. Just see the price...
Silver has just broken a key resistance level. I believe this is a fake break-out taking into account what has happened to EURUSD and USDJPY over the last a few hours.
Happy new year, my lovely followers. I hope you are doing great. I thought it would be a good idea to start posting my thoughts here again :) Please always do your analysis before following others. Good luck, KHAN
Here is a great opportunity to go long USDCHF. In addition to a basic channel rotation on a shorter time frame the longer time frame supports the idea of going long on this pair.