Forexanalysis
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 !
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 !
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
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.
Traders, if you liked this idea hit the like button & write in the comment section.
Why you should follow this tradingview account ?
Managed by top most renowned trader - Pulak Priyesh
10 + years of trading experience
Professional Day trader
Excellence award winning mentor
Professional chart, clear chart without junks.
Major S/R levels with inner insights
Frequent Day & Swing trade levels
All major and minor FX/INDICES covered
Thanks !!
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 !
Don't miss the great sell opportunity in GBPUSDShort-Term Forecast:
Trading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (1.3033).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPUSD is in a downtrend and the continuation of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 25.
Take Profits:
TP1= @ 1.2802
TP2= @ 1.2733
TP3= @ 1.2609
TP4= @ 1.2525
TP5= @ 1.2259
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Don't miss the great buy opportunity in USDSGDMidterm forecast:
. While the price is above the support 1.3430, beginning of uptrend is expected.
. We make sure when the resistance at 1.3754 breaks.
. If the support at 1.3430 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
. The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased.
. A peak is formed in daily chart at 1.3985 on 06/22/2020, so more losses to support(s) 1.3550 and minimum to Major Support (1.3430) is expected.
. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
. Relative strength index (RSI) is 42.
Take Profits:
TP1= @1.3754
TP2= @1.3885
TP3= @1.4035
TP4= @1.4270
TP5= @1.4635
TP6 Free
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
EURUSD LONG TRADE SETUPThe weekly right side is down against 1.4917. The daily is turning up against March lows at 1.0636. The 4 hour right side is up against 1.0757. The hourly right side is up against 1.1759. While above there the pair can continue higher toward 1.2200 in the cycle from the March lows.
BUY @ 1.1802-1.1780
TP: 1.1880
SL: 1.1750
Good luck !
SHORT signal AUDUSD at 0.71610will go SHORT on AUDUSD because:
1) The price is forming a Chanel or Rectangle Pattern .
2) The price also broke the trend line .
3) The price is also under Support/Resistance zone.
4) It has touched the resistance.
5) Target would be the Support area . Book profit when it reaches the support zone .
ENTRY : 0.71610
FIRST TARGET : 0.71373
STOP LOSS : 0.71633
LONG AUDJPY BUY areas , High Probability tradeI will go LONG on AUDUSD because:
1) The price is under Support/Resistance zone.
2) It has touched the support and may reach the resistance zone .
3) Target would be the Resistance area . Book profit when it reaches the resistance zone .
4) The price is also forming a Chanel or Rectangle Pattern .
AUDUSD BUY areas , High Probability trade I will go LONG on AUDUSD because:
1) The price is under Support/Resistance zone.
2) It has touched the support and may reach the resistance zone .
3) Target would be the Resistance area . Book profit when it reaches the resistance zone .
4) The price is also forming a Chanel or Rectangle Pattern .
GBPJPY LONG TRADE SETUPThe daily right side is down against 147.75. The 4-hour is turning up against 131.71. The 1 hour is turning down against 136.62. While above 131.71 it can see a swing higher toward 142.00 before it corrects the cycle up from the March 2020 lows.
BUY GBPJPY
@135.05-134.85
TP: 136.00
SL: 134.50
Good luck !
GBPCHF 4HR LONG PREDICTION Hello Trades! Welcome back ! As we have seen we have a bearish trand reversal happened in the last week.Now the price is consolidating, So as per my analysis there would be a strong push towards uptrend. You can get this trade with a SL of 42 pips from current price and TP of 180 pips i;e 1:4.5 Risk reward ratio.!IF THE PRICE FAILS TO MOVE UP PLEASE WAIT FOR RETEST AND THEN SELL .(Side note): I just use my simple profitable strategy which works 80% times ! Please feel free to Message me for your account growth! SINCERE ADVICE- DO NOT FALL FOR SCAMMERS
EURAUD LONG TRADE SETUPThe daily is turning down against the 3/19/20 highs at 1.9800. The 4 hour right side is down against the June highs at 1.6589. While below the 1.6400 highs, more importantly the June highs the pair can see a turn back lower continue.
Short term trade
Long @1.6302-1.6282
Target: 1.6380
SL: 1.6260
good luck !