Daily analysis and strategy will hopefully help youHello traders The AUDUSD is showing a bullish divergence, buy as it will break the last LH along the trend line I hope my analysis and suggestions are helpful to you, and you can contact me if you need themby Trade-reaperUpdated 2
EUR and the month of JULY in the past 50 years! Check it out!We just entered a new month, and not just an ordinary month -- It's JULY! And what's special about it? -- and its connection to EUR? Based on 50 year chart history, JULY is EUR's favorite month to 'ascend' so to speak. JULY seems to play an important role for the pair's price behavior. A lot of times, what comes after a correction -- is an upside reversal that falls most of the time on the month of JULY. This has happened multiple times in the past. It maybe a short term upside season, a major bullish one or an extended long continuation -- but it seems to bounce during those months. We just concluded June, and we have entered the 'divine' month for EUR which is JULY. Based on the present price level, we have created a new base to ascend. Last friday's closing (June ending) was an indication of things to come. Going forward as we enter this month, with the last closing price -- it looks like we are heading towards the "expected" direction based on historical movements. Of course this is not indicative of the pairs future price, but we can certainly be guided. Just something to ponder about and an interesting way of looking at how fascinating and dynamic price behavior could be.' The chart above is a HEXAMONTHLY (6-monthly) CHART Spotted 1.09 TAYOR. Safeguard capital alwaysLongby JSALUpdated 1118
GBP-CAD Will Go UP! Buy! Hello,Traders! GBP-CAD is trading In an uptrend and the pair Is now going down in a Bearish correction towards The horizontal support of 1.7320 But we are bullish biased So after the retest a Bullish rebound is To be expected Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals112
USDCHF Buy LimitUSDCHF Daily Buy Limit Technical Analysis: Taking The End Of A H4 Correction Mainly Based On The Tool ( Trend Based Fibonacci )by AaGzzar1
USDCHF: Long Signal with Entry/SL/TP USDCHF - Classic bullish formation - Our team expects growth SUGGESTED TRADE: Swing Trade Buy USDCHF Entry Level - 0.9020 Sl - 0.8990 Tp - 0.9072 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignals113
GU intraday up and down catch the pips!According to elliot wave theory. GU is predicted to be moving along the arrows that is shown here. Breaking the trend and then going for the pullback and we can find a swing long entry possibly tomorrow on new york session. Please confirm your analysis before entering a trade! Goodluck!by ChathifriendsUpdated 111
GBPUSD 3 Jun 2024Analysis Week - 3 June 2024 Daily - Range Cloud (D) - Above Cloud Weekly - Range Cloud (W) - Above Cloud Mid Term - Range 20 x 50 D SMA - Above 50 x 200 D SMA - Above 2024 Target 20 Apr 2024 <6M> - 1.27-1.28 External Forecast GS 8 May 24 <3M> - 1.24 8 May 24 <6M> - 1.24 8 May 24 <12M> - 1.28 ________________________________________________________________________________ Risk Disclaimer All information provided is based on my personal experience and it does not ensure future profits. This is NOT a trade recommendation for you to copy. If you decide to act upon the posted information, the trade decision is taken at your own risks. Any advice given is deemed to be GENERAL advice. This information or advice given does not take into account your full objectives, current financial situation or needs. Therefore, you should consider the appropriateness of the advice before you act further. The trading of stocks, futures, options, spread betting, spread trading and CFD trading and any other leveraged trading activity involves risk. You should not trade with money you can’t afford to lose. Be honest with yourself. Thank You for browsing here. I wish you the best of luck and hope you make a fortune. Just make sure you do it over time and don’t try to make your millions in a week or day. by TY-Trading1
USDCADUSDCAD. I marked the previous year high/low, price will always retrace above or below the open/close that created that high previous open/close. If price does that and respect it, I do the same thing on current year low and same thing on current month low. I will upload a video to explain better.by nilotraderfx111
GBPUSD sell setuphey guys here's what i am looking at on GU, i am expecting a dowmside movement on GU, with the dollar being stronger the the pound i am expecting the pound to drop futher to the downside with price currently at a support level and with the fib as another confluence, i will be selling the pound against the dollar. if this helps kindly share your thought and support, thank you.Shortby ib_dan2
GBPAUD long outlookon this trade am looking to go long. why because the market structure is bullish on the 4h timeframe. Will wait for extra confirmations on the ltf once market tap into my demand zoneLongby oskarmini110
Bigger correction down for EUHi traders, Last week EU went down and up in a range. The way price is moving it looks like it will make a bigger correction down to maybe finish the E-leg. If this analysis is correct we could see another downmove next week. After that we could see the bigger upmove. Trade idea: Wait for a change in orderflow to bearish to trade shorts after the finish of a correction down on a lower timeframe. If you want to see more from my analysis, please make sure to follow me, give a like and respectful comment. This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals. Don't be emotional, just trade! EduwaveShortby EduwaveTrading2
Bullish movementEURUSD showing signs of possible upward movement with a good risk to reward ratio of 1:4.Longby ytex821
EURUSD Jun. 01, 2024All currencies appearing in this post are fictitious. Any resemblance to real currencies, existing or dead, is purely coincidental.by AlpacaBlackUpdated 1
A potential Bullish weekly outlook on EURUSDAfter seeing price taking out a weekly FVG (which can also be identified as a Internal Range Liquidity) and rejecting to close bullish, I am more interested on seeing price moving higher and take out Buyside Liquidity (which can also be identified as External Range Liquidity). Hence the reason to why I'm expecting a Bullish move coming next week. Now as outlined on the chart how price can move to the upside is not fully known to me thus far because I can see three possibilities: 1: Price moves down and re-balance the FVG below before moving higher. 2: Price can move further lower and take out the Lows below and find the fuel it needs to mover up and take out the BSL. 3: Price can just continue to move Higher and higher and take out the BSL without retracing lower. All in all the market can do whatever it decided to do depending on it's own factors and I'll continue to edit my views accordingly, but as of now BULLISH outlook is what makes more sense to me.Longby givemesomepips2
CADJPY relentlessly bullish - going towards multi-year highsIchimoku Kinko Hyo is a complete trading system and I will be using it a lot more than I have been. Here are my reasons for continuing to be bullish on this pair: Tenkan sen (Conversion Line) thick blue crossed over Kijun sen (Base line) red line. Price – holding above the Kumo cloud Chikou Span (Lagging Span) black line is holding above price and the cloud. Kumo Cloud now – green color indicating bullish bias. Kumo Cloud future – green color indicating bullish bias. Thursday candle - hammer For stop, I will be trailing it below the Kijun sen. Target should initially be just below the recent (spike) multi-year high at 117.330. My trade idea is 1 day late, should have taken a long trade on Fri after the hammer candle but I did not see it. Pull backs usually happen and a nice big pull back would be very welcome as it would give a better entry. This is not a trade recommendation. Trading carries a high level of risk, so only trade with money you can afford to lose. Anything can happen in the markets at any time. Please use sound money and risk management in all your trades. If you like my idea, please give a “boost” and follow me to get even more. Please comment and share your thoughts too!! Longby Trading_VistaUpdated 334
SELL USDCHD AT THE POINT OF INTEREST i expect the market to come at the point of interest and spike with a big sell use proper risk management , and have vision for the next moveShortby EvarnickChaula2
Scenario for a Long Correction in EUR/USDIt appears as depicted in the chart, the daily closing price halted precisely at the trend-line. This suggests that the price is likely to go downward before resuming its bullish trend. This differs from my analysis in a post a few days ago. In that post, I speculated that the appearance of a bearish leading diagonal would mark wave 1 of a downward trend, but it seems it may only be wave A of a correction, or perhaps just a double three correction. Another reason why I calculate this correction as wxyx (indicating there will be one more downward swing) rather than abc (suggesting the price will go straight up) is the form of the recent two-day upward movement that formed a perfect zigzag (wave x) as we can see in the lower time frame, followed by a downward impulse (wave a of z). nb: this z would take form as a corrective wave (abc) and not a full impulse However, it's worth remembering that the two strong impulses last Friday could potentially be waves 1, 2, and 3, continuing the bullish trend. I've included an invalidation level for those who aggressively take a sell position. In my opinion, the best approach is to wait for the price to break below Thursday's low, await a reversal pattern as confirmation, and then take a buy position. It would be nice if the price rebounds according to Fibonacci ratios as shown in the chart. the trend-line would also help us to know the reversal. It sounds like you're eager to take profit! Patience is key in trading, but when the opportunity arises, seize it with confidence. how about you? Happy trading!by edoyuwon19092
USD/CHF: Potential ReversalThe USD/CHF currency pair has exhibited divergence with the Dollar Index and has itself surged to the weekly block. Therefore, it is anticipated that this upward movement has been executed for dollar distribution, ultimately leading to a downward movement towards liquidity levels at the bottom. The probable target is the daily rejection block. There are liquidity levels that have not yet been touched above the ceiling of 0.9102, and it would not be surprising to see another sharp movement towards it.Shortby sir_monfaredUpdated 1
EURUSD Will Collapse! SELL! My dear friends, EURUSD looks like it will make a good move, and here are the details: The market is trading on 1.0851 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1.0830 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis ——————————— WISH YOU ALL LUCK Shortby AnabelSignals112
EUR USD ( BULLISH TREND )- Tendency : the price is bullish trend 1.08310 - Turning level : The turning level is at 1.08310 where price has now stabilized at the top - resistance level : stabilized the turning level 1.08310, the price will up to 1.08615and 1.08733 - support level : breaking 1.08310 the price will reach the support level of 1.08166and 1.07949 Longby ArinaKarayi1
AUDUSD: Bearish Continuation is Expected! Here is Why: It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current AUDUSD chart which, if analyzed properly, clearly points in the downward direction. ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals113
USDJPY: Bullish Forecast & Outlook The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bulls are taking over so we will bend to the will of the crowd and buy too. ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignals113
The euro hits overhead resistance setting up a short oppThe Euro has been climbing steadily all morning and has now hit overhead resistance, setting up what it looks like according to my algorithms a pretty decent short opportunity. Shortby waveriderbill1