EURUSD IDEAEURUSD IS IN DOWN TREND THESE DAYS, THE PMI'S MAY BE BLOC OUT FOR THE BEARISH OR BULLISH TURN.
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H1
EURAUD LONG IDEATHE HAWKISH ECB
Look for occasional retest and confirmation, trade is simple
Note:
All ideas forecasts are my personal views on the market, I share these ideas for free, and you're free to share my profile link with your friends, please do not use my Idea without credit.
I post and share for educational purposes hence no idea we publish should be considered an investment advice.
I mostly share ideas with more than normal conviction, meaning I mostly share ideas with High conviction.
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BTCUSD SELL IDEALook for occasional retest and confirmation, trade is simple
Note:
All ideas forecasts are my personal views on the market, I share these ideas for free, and you're free to share my profile link with your friends, please do not use my Idea without credit.
I post and share for educational purposes hence no idea we publish should be considered an investment advice.
I mostly share ideas with more than normal conviction, meaning I mostly share ideas with High conviction.
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SILVER SELL IDEA 1HAnalysing the H1 time frame i spotted the raising trend channel where i expect the breakout of the channel below the boundary, but till then the channel is active, you should wait for the breakout then sell at retest area, if you are willing to buy, you can look for confirmation using 5M, 15M TM for trading pull back.
SILVER SELL IDEA D1Analysing Daily timeframe, i spotted that the silver traded within the raising trend channel and have reached its resistance, soon the price will reverse to the downside, you can use the FIB numbers to identify next supports as i consider the horizontal key support with rectangle drawing.
Note:
All ideas forecasts are my personal views on the market, I share these ideas for free, and you're free to share my profile link with your friends, please do not use my Idea without credit.
I post and share for educational purposes hence no idea we publish should be considered an investment advice.
I mostly share ideas with more than normal conviction, meaning I mostly share ideas with High conviction.
You can check all my work, you can understand my style of analyzing market, please if you like my work do help me earn reputation and like, comment on my ideas, we can discuss more here.
CADJPY SELL IDEACADJPY broken the key structure and now retesting, this comes to our notice to get ready for selling find confirmation for your trade.
Note:
All ideas forecasts are my personal views on the market, I share these ideas for free, and you're free to share my profile link with your friends, please do not use my Idea without credit.
I post and share for educational purposes hence no idea we publish should be considered an investment advice.
I mostly share ideas with more than normal conviction, meaning I mostly share ideas with High conviction.
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GOLD SELL IDEA 1HGOLD has been so bullish for several weeks however the current structure suggested signals for reversal to the downside, the yellow horizontal lines are our important key support levels, you can find the raising wedge pattern which is formed and there's a ascending triangle which may signal for bull trend continuation, but based on Hourly time frame, the wedge pattern is broken, hence we'll look for confirmation of our entry, but if the price keep growing we'll wait for the breakout above the triangle to initiate buy orders.
Note:
All ideas forecasts are my personal views on the market, I share these ideas for free, and you're free to share my profile link with your friends, please do not use my Idea without credit.
I post and share for educational purposes hence no idea we publish should be considered an investment advice.
I mostly share ideas with more than normal conviction, meaning I mostly share ideas with High conviction.
You can check all my work, you can understand my style of analyzing market, please if you like my work do help me earn reputation and like, comment on my ideas, we can discuss more here.
NZDJPY Bearish Forecast
Important things to watch, key levels, trendlines, horizontal supports and double top
Next targets after break of the neckline of double top 86.00 and 85.600
Note:
All ideas forecasts are my personal views on the market, I share these ideas for free, and you're free to share my profile link with your friends, please do not use my Idea without credit.
I post and share for educational purposes hence no idea we publish should be considered an investment advice.
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USDCHF BEARISH IDEAUSDCHF BEARISH TRIANGLE
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All ideas forecasts are my personal views on the market, I share these ideas for free, and you're free to share my profile link with your friends, please do not use my Idea without credit.
I post and share for educational purposes hence no idea we publish should be considered an investment advice.
I mostly share ideas with more than normal conviction, meaning I mostly share ideas with High conviction.
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EURUSDThe EURO DOLLAR seems to be bullish in the short term, buyers has been pushing up and they wanted to reach the resistance around 1.0600 which is falling trendline resistance. Currently the price is trading within horizontal resistance which is now acting as support, around the resistance and price is testing the breakout, there's raising trendline, and bullish flag printed there, all those signs signaled for bullish continuation to the 1.0600 resistance for the pullback. However trading below the horizontal resistance may signal for bearish movement. But we look ahead to fundamental aspects, dollar is being more weak for FED's pivot and expectation to halt for increment of interest rates.
GOLD BULLISH IDEAIn a short term move i expect the Gold to move up to 1765, the FED pivot is underway, the H&S pattern invalidated, but investors should be aware of the further downside for the gold and Crypto market coming soon, in the meantime i expect the local bullish flag to be broken by aggressive buyers, and then we move to the upside of 1765.
Buy idea on GBPCHFPound is bullish due to macroeconomic release buy only on breakout with retest.
Note:
All ideas forecasts are my personal views on the market, I share these ideas for free, and you're free to share my profile link with your friends, please do not use my Idea without credit.
I post and share for educational purposes hence no idea we publish should be considered an investment advice.
I mostly share ideas with more than normal conviction, meaning I mostly share ideas with High conviction.
You can check all my work, you can understand my style of analysing market, please if you like my work do help me earn reputation and like, comment on my ideas, we can discuss more here.
RBNZ Rate DecisionReserve Bank Of New Zealand
Interest rate decision:
The Consumer Price Index CPI rose by 7.2% in September 2022, it's fall from August's print but still higher than experts thought which the consensus is 6.5.
Economists expect the Reserve Bank of New Zealand to lift the cash rate by a record 75bps while money markets wager a roughly 65% probability for the biggest ever rate point hike this month.
Guys my take on this rate saga are:
I'm bullish with NZDJPY, NZDUSD, NZDCHF, if the bank increase its OCR by 75bps.
I'm bearish with NZDJPY, NZDUSD, NZDCHF, if the bank increase its OCR by only 50bps.
Because the New Zealand Dollar needs an upward revision to the Bank's rate hike trajectory and Hawkish rhetoric from the governor Adrian Orr to resume it's March towards 0.6250 against US Dollar.
USDCAD H1 Bullish ForecastUnited States Dollar vs Canadian Dollar
USDCAD BULLISH H1
US Dollar has been down over the past week and it is really amazing to spot an opportunity for the upcoming raise of US Dollar.
Technical analysis:
We found several reasons for the USDCAD pricing to go high.
1. USDCAD has pumped up from support level around 1.32313, where 8H TM was managed to be kept by bulls.
2. 1H TM raising trendline has been respected in the recent pricing in rows, after the second touch the price has printed a cup where the handle in process of making, from the end of handle we expect third touch of raising trendline where we'll enter our buying positions for our clients.
The entry zone may be 1.33586 or 1.33523.
Target1
There'll be resistance around 1.34088 this will be first target for short time traders and BreakEven for long time traders.
Target 2
The 1.34994 area is next resistance for buyers once the first target is done.