The counter XAGUSD started travelling in an ascending channel from 10th July. The price movement is very aggressive for the past few days. Today the counter has made an entry in the bottom line of the channel at the price 19.91. It's the right time to go for long. Place your limits between S1 and R1.
Bought GBPUSD @1.26246, Stop @1.25924. Potential Profit Target @1.26800
Hey Traders, Welcome back!Hope you all are doing well. As we can see GBPJPY is in a upward trend, the price shall make a move back to current support level for a retest and then we can enter the market in buy side for a good Risk Reward Ration of 1:4 .
Hello Traders, As we have seen gold had a Strong bullish move and reached Second All Time High. Price has cleared the current channel and had a retest.Now what am believing is the price shall move further upward till 1830.00 in the next week .
Hello traders, here is the analysis from our team : our teams but line 1.12979 to start. We: watch for break/pullback above line, rebreak of high of pullback candle. Let us know in the comment section below if you have any questions.😉
Hello Traders, The price has currently come to the retest zone 1.62660 ,Hence from here we can take a short position which is a good R:R 1:3. FX:EURAUD
We can also see EURJPY in a bullish move .This is a good opportunity to buy at current price and have good R:R of 1:2.5 and may be even more after the price retest at above Support level.
Hello Traders,My current analysis on this trade is really a good risk reward ratio 1:3 .As per last week analysis the price is currently sitting at a key support level and did not push further down.There a lot of buyers in the market currently which gives us a good opportunity to enter buy side at 107.41.Hopefully we close this trade on positive side.Please feel...
If we see the price rejection in the below support level ,we can see bullish push towards 114.00 or even more or else if price continuous bearish trend we will be seeing the price at 110.00 post retest at the current resistance level.
Overall GBPJPY has bearish trend.What we can see this week is if there a rejection at current support level the price will get back to 135.00 . However the price couldn't cross at 134.00 in the previous week after multiple attempt. so if the trend continuous we can expect is the price coming down to 129.50 for sure by this Thursday or week close.
Hi traders, Have a great trading week, Pound against Yen pair, 134.500 remains long time key area for GBPJPY , even though this pair seen some down side on friday last week, this pair looks to retrace the resistance area of 133.00 and it may go upside towards 136.00, Thanks to all. Note - Prediction based on price action analysis, fundamentals also have...
Main trend is in flag pattern for up trend ... we have to wait for retracement .. Sub trend in short .. we can for for target to retracement zone or strong support line.
Hi traders, wish you for successful trading week ahead, GBPUSD pair looking to go up during last week, but its not successful for GBPUSD of being bullish..1.25000 price area which turned a support area into a resistance zone send the price down during end of last week..hope the downtrend continues for GBPUSD atleast 1.23 area during the mid of the week.. may...
CAN LONG EURUSD ABOVE BREAKOUT WITH STOPLOSS AND TARGETS AS SHOWN ON CHARTS Always Trail Your Stop losses as price moves on winning side For educational and monitoring purpose consult your financial analyst before trading & Trade on your own risk
Hello traders, here is the analysis from our team : We like this area to be taken out then re bought. Let us know in the comment section below if you have any questions.😉
USDZAR, wait for the price to come to the zone, its a sell!!