will 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
I would short GBPUSD because : 1) It has touched its resistance area and may fall again 2) Entry : 1.31288 Stoploss : 1.30600 Target : 1.31372
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 .
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 .
The 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 !
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...
The 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 !
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.😉
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, 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...
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.😉
Hello traders, here is the analysis from our team : We love this area. Number should be taken out first then re entered. Let us know in the comment section below if you have any questions.😉
Hi traders, Wish you for the profitable week ahead, Last week the pair touches the yearly high of 1778, and from the technical perspective Gold will looks to go downwards it seems, it reaches the resistance area of 1777 and this pair has formed a RISING WEDGE PATTERN during the period of june month, this pattern shapes the Gold's July fate.. lets wait and watch...
USDCAD is run at boundary condition and this renge is very strong. if price break the level 1.35030 then stock go down other wish the is back and go up.
BUYING THE BREAKOUT OF DOWN TREND LINE
Hi Traders, Wish you for the new week of trading , Dollar against Japanese yen have been bearish during last week, when it finishes on friday it came up to touch 107.600, where this same price zone acted as support for long time last few months now this area turned out to be a strong resistance zone . So this week USDJPY may be continues its bearish run till...
This pair, last 2 weeks its been moving inside the box , after May started its expected to go up but in contrast, gold against dollar pair is moving sideways.. after the strong bullish move from 1483 on March mid to 1747 on April Mid. and it clearly get itself into a accumulation zone. I am not surprised if this moves in the similar way for the coming few weeks...Thanks