USD/CAD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.3649 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 1.3707 which is a level that sits above the 61.8% Fibonacci retracement level and a pullback resistance. Take profit is at...
Join us as we delve into the latest developments shaping the GBPUSD landscape. The Pound Sterling rebounded in the second half of the week driven by robust Q1 GDP figures from the UK's Office for National Statistics, indicating a resilient economy. With a growth rate of 0.6%, surpassing expectations, the UK appears to be steering clear of recessionary woes. This...
Looking at a 4-Hrly chart of NZDUSD, with expectations that we are ready to see this move lower.
My opinion of USDJPY, i see it as a shorting opportunity
Greetings Traders! Join me in today's video as we delve into an in-depth analysis of GBPUSD and DXY, exploring key expectations for today's trading session and summarizing this week's trends. This analysis is crucial as it sets the tone for next week's trading as well. We've reached a critical juncture on both the DXY and GBPUSD charts, making it essential to...
EUR/AUD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.6342 which is a pullback resistance. Stop loss is at 1.6405 which is a level that sits above the 38.2% Fibonacci retracement level and a pullback resistance. Take profit is at 1.6229 which is a pullback support. High Risk Investment...
The Kiwi (NZD/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.6076 which is a pullback support that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 0.6025 which is a level that lies underneath a pullback support and the 38.2% Fibonacci retracement level. Take profit is...
The AUDCAD has been in a strong bullish trend as evident on the daily time frame. We are looking for a trend continuation opportunity if price action plays out as described in the video. Throughout the video we discuss the trend, price action, market structure and other important aspects of technical analysis, and we look at a potential trade idea. Remember,...
Here on the forex forecast made analysis for the coming week . Mark some resistance and support level and also mark some trend were price touched . For this coming week price is like to follow were are predicted
price still ranging, thou we now know where to follow. shot
Hey there, So, this morning I switched on my computer and while going through my watchlist I saw that there was a potential setup coming together on the GBPUSD. Instead of just taking the trade, I though it would be a cool idea to record the actual trade and share it with you all. I am still in the position, and though it would be better if I split the...
In this video I give you the 3-step method I use to do my analysis. By incorporating these steps, it is also how I do my top-down analysis. You can think of it as a checklist as well. First, I have my Bias, which determines where I believe price is drawn to. For example in the case of SMC/ICT Concepts, we observe where the liquidity is in the market and use that...
Trader Tom, an investing.com technical analyst with over 15 years’ experience, explains his trade idea using price action and a top down approach. This is one of many trades so if you would like to see more then please follow us and hit the boost button.
On the daily timeframe, the NZDCHF has displayed a strong bullish trend. Our focus is currently on identifying a buying opportunity that aligns with the continuation of this trend. Assuming price action unfolds as analyzed in the video, we anticipate favorable trading conditions. The video covers critical aspects such as trend analysis, price action insights,...
Hi Everyone! My name is Sam and welcome to my first daily breakdown. In these sessions I'll be analyzing the 4 pairs on my watchlist GBPJPY, US30, USDZAR & EURUSD. Today I give a brief introduction to myself and my trading style which is an adaptation of ICT and then proceed to breakdown each pair. See bias below. DXY - Bullish. GBPJPY - Bullish, On watch for long...
a quick rundown of why I stayed out of all yen's today.
Here are my thoughts on GJ. I'm till bullish on GJ but think may possibly get a complex pullback for a possible continuation.
Welcome back! Let me know your thoughts in the comments! ** EURNZD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...