GBPUSD, Weekly analysis, Nov 16-21GBPUSD, is looking bullish this week according to price action , weaken dollar can be a factor for its bullish expectation
Forexanalysis
EURUSD, Weekly analysis, Nov 16 - 21According to Price action analysis, EURUSD looks like a supporting a sideway movement this week,
GBPUSD, Weekly analysis, Nov 10-13Looking bullish after the post US Election stages, this week it expects to go to the price of 1.33 area,
USDJPY LONG TRADE SETUPThe daily is turning down against the March highs at 111.68. The 4 hour is turning down against 106.11 October high. While below 105.34 the pair can see further weakness toward 102.50 to 102.00 before a bounce corrects the cycle from the 106.11 October highs.
LONG USDJPY
@104.50-104.20
TP: 106.00
SL: 103.80
Good luck !
USD/CHF Looking very SrongUSD/CHF at very strong support now it may pullback
Buy USD/CHF @90980
SL 90480
TP 90980/92980
Note:- Only for educational purpose.
AUDJPY wait for breakout If the price takes support at trendline and moves upward:
entry : 74.5
target : 74.7
If the price takes support at trendline and moves downward:
entry : 74.5
target : 74.3
ETHUSD short at 369.22, Resistance at trendlineI will short ETHUSD because :
It is facing a strong resistance at the trend line .
Its not been able to break that trend line .
The price is again at the resistance trend line and may fall.
If it breaks the resistance trend line then we will be looking to buy.
Entry : 369.22
First Target : 365
Second Target : 361
Stop loss : 370
XAUUSD BUY signal at 1950I would go long on xauusd because its forming a triangular descending pattern and has given a beakout upwards.
ENTRY : 1950
FIRST TARGET : 1967
STOP LOSS : 1945
EURUSD BUY signal at 1.18168I will buy EURUSD because :
It is forming a channel pattern
The price is ats support level and may go up
so i think we should buy EURUSD
If it falls below the support line short it .
Entry : 1.18168
Target : 1.20206
Stop loss : 1.17865
BUY signal GBPUSD at 1.3133I would short GBPUSD because :
1) It has touched its resistance area and may fall again
2) Entry : 1.3133
Stoploss : 1.31309
Target : 1.31872
XAUUSD, Is this pair tailoring a H&S pattern, on the Mid octoberIt looks like Gold against Dollar trying to form a Head and shoulder pattern, in order to raise again atleast till 1930 area..
XAUUSD (GOLD) LONG TRADE SETUPThe daily right side is up against 8/16/2018 low at 1159. The 4 hour is turning down against 2075. While above 1848 where the hourly is turning up Gold can correct the cycle lower from 2075 before another swing lower to correct the cycle up from the March lows.
LONG @ 1900-1897
TP: 1930
SL: 1886
GOOD LUCK !
XAUUSD BUY signal at 1897 I will buy XAUUSD because :
It has been taking support at the trend line .
It has touched the trend line 4 times and has not been able to break it.
So will be looking at buying opportunities.
Entry : 1897
Target : 1915
Stop loss : 1892.94
US30 TRADE SETUP The daily is turning up against the March lows at 18178. The 4 hour right side is up against the 6/15/2020 lows at 24430. The 1 hour is turning up against 26394. While it shows it will remain above there the index can extend higher toward 30500 in the cycle up from the March lows.
Sell @27680-760
TP: 26200
SL: 27880
Good luck !
CUP AND HANDLE PATTERN IN EURUSDLOOK FOR EITHER SIDE BREAKOUT
RSI DIVERGENCE SUGGEST SHORTING BUT WAIT FOR REJECTION
GER30 (DAX) TRADE SETUP FOR THE DAY The larger correction against 2009 lows is proposed complete at 8249 on 3/16/2020 where the daily and 4 hour are turning up. The 1 hour is turning down against 13462 to correct the cycle from the March wave ((2)) lows. While it shows it will remain above there the index can can see new highs toward 14000 in the cycle up from the March lows.
SELL DAX 30
@12740-12785
TP: 12450
SL: 12900
GOOD LUCK
XAUUSD (GOLD) TRADE SETUP FOR THE DAY The daily right side is up against 8/16/2018 low at 1159. The 4 hour right side is up against 1668. While below 1973 where the hourly is turning down Gold can correct the cycle up from the March lows.
SELL GOLD
@1870-75
TP: 1848-40
SL: 1890
GOOD LUCK
US Dollar/Japanese yenUS Dollar/Japanese yen :- Downside channel breakout go long for 106 target & 103.5 sl
#Disclaimer:-I just shared view for only educational purpose.
GOLD - DAY TRADE VIEW.GOLD - Looking strong at this point of time on bigger time frame as well,
My approach should be a buy here at current price 1969
Potential upside 1990-2004
Maintain Stop loss around 1958
Follow the levels properly as mentioned and use proper risk management.
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USDJPY LONG TRADE SETUPThe daily is turning down against the March highs at 111.68. The 4 hour is turning up against 104.15. While above 105.16 where the hourly is turning up the pair can see strength higher toward 107.50 to correct the cycle lower from the March highs.
Long USDJPY
@106.10-105.90
TP: 107.00
SL: 105.68
Good luck !
