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 .
Forexeducation
GBPUSD SHORT TRADE SETUPThe weekly right side is down against 1.4393. The daily has a bearish sequence however is turning up against the March 2020 lows at 1.1412. The 4 hour is turning up against 1.2244. The 1 hour right side is up against the 1.2646 lows. While above 1.2244 low expect the pair higher toward 1.3200 before it corrects the cycle from the March 2020 lows.
Short term Trade
Short GBPUSD
@1.2890-1.2900
Tp: 1.2810
SL: 1.2925
Good luck !
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 !
DAX 30 Short Trade Setup The 4 hour is turning up against the 3/16/2020 lows at 8263. The 1-hour right side is up against 12544. While above there, more importantly the 6/15/20 lows the index can can see new highs in the cycle up from the March lows.
Sell Dax30
@13025-13060
TP: 12820
SL: 13150
Good luck !
EURNZD LONG TRADE SETUPThe 4-hour is turning down against 1.9927 high seen on 3/19/2020. 1-hour is turning up against 1.7153 low. Near-term, while dips stay above 1.7153 low, expect pair to extend higher to correct cycle from 6/11/2020 peak as a flat before downside resume.
Short term trade
EURNZD LONG
@1.7360-40
TP: 1.7480
SL: 1.7310
Good luck !
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 !
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.








