EURUSD LONG TRADE SETUPthe 4 hour right side is down with a bearish sequence against 1.1557. The 1 hour is turning up against 1.1252. While above there expect the pair sees another high in the cycle from the March lows before a turn lower again.
Long EURUSD
@1.1300-1280
Target: 1.1420
SL: 1.1250
good luck !
Forexeducation
USDJPY Weekly forecast 29th to 3rd JulyThe 4 hour is turning up against 3/09/2020 low (101.19). 1 hour is turning down against 107.46 high. Near-term, while bounces fail below 107.46 high and more importantly below 109.85 high expect pair to extend lower to correct the cycle from 3/09/2020 low in 7 or 11 swings before upside resume.
Sell USDJPY
@108.10-55
Target: 105.00
SL: 109.50
Good luck
Gold / XAUUSD Weekly analysis, June 29 - July 3, 2020Hi 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 for further action..
Note- Analysis done from the technical point of view for the educational purpose, this is not the final conclusion
TECHNICAL ANALYSIS, FOREX, EURNZD#3
I leave this chart for educational purpose because I really didn't enter here but i definitely traded it in my demo acc.
Confluence 1: Formation of a perfect head and shoulder.
Confluence 2:Breakdown.
confluence 3: Retest with a decent bearish candle.
Stay humble.
Stay blessed.
Work hard.