Forextrading
USDJPY Short Term Trade SetupThe daily is turning down against the March highs at 111.68. The 4 & 1 hour are turning up against 103.14 to correct the cycle from the May highs. While above 103.12 the pair can see strength toward 107.00 before a turn back lower.
Sell @103.85-104
TP: 103.25
SL: 104.20
Good luck !
Bitcoin : Triangular thrustAfter the impulsive 3rd wave formation, Bitcoin went into a triangular wave correction which can be considered as already completed. No we can see the bitcoin to reach to a new high as a final thrust of the current impulsive sequence.
EURUSD, Weekly analysis, Nov 16 - 21According to Price action analysis, EURUSD looks like a supporting a sideway movement this week,
AUDUSD, Midweek analysis, Nov 11-13Australian Dollar against USD, looking weak , it might finish the week by reaching the the price of 0.71800 area..
XAUUSD, 10-Nov-2020 , Day analysislooks to go down, its bearish till 1825 area.. lets wait and see..
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,
NZDCAD 30 min AnalysisIt is the analysis of nzdcad on 30 minute time frame.
You can see it's a beautiful trendline break, now price needs to retest the resistance zone after that we will short on NZDCAD.
USDCAD : Bullish ReversalAs provided in the last idea , USDCAD was in a formation of ending diagonal which has completed in today's session. Right from there we have seen an impulsive move in upward direction. This impulsive move is providing a signal that the ending diagonal & so correction of USDCAD has been completed. Expecting the pair to extend its third wave & give a closing above 1.33400 level. As per the guidelines an aggressive trader should buy here & the conservative trader can wait for the level of 1.32400 to be hold for the target of the origin of the diagonal & above that level.
Please see the attached link for the previous idea.
Thanks
USDCHF seems bull buying everywherePositional Trade:
BUY: 0.91150; SL: 0.90600; T1: 0.91600; T2: 0.91950; T3: 0.93000
-Mohit Rajani
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
