GOLD Massive Long! BUY!
My Opinion! BUY!
I analysed this chart on GOLD, and concluded the following:
The instrument tests an important psychological level 1957.46
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Target -1974.41
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
Tecnicalanalysis
GBP/USD A Fall Expected! SELL!
My Opinion! BUY!
GBP/USD looks like it will make a good move, and here are the details:
The asset is approaching an important pivot point 1.29911
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 - 1.28849
My Stop Loss - 1.30506
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
US100 The Target Is UP! BUY!
My dear subscribers ,
This is my opinion on the US100 next move:
The instrument tests an important psychological level 15320.5
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 15449.9
Safe Stop Loss - 15247.5
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
USDJPY - Is This Just A Healthy Pullback?Analysis:
Recently price has just been heading higher and higher on this pair, and we've been looking to catch this move for a while now but we needed to stay patient and wait for a pullback and that's exactly what we might have now. Price has pulled back to a key level of prior resistance and as we know, resistance often becomes support, so this is starting to look like a potential place to enter long. We're also still in an upwards trend as the most recent higher low hasn't been broken so this move to the downside is just a healthy pullback rather then a break of structure. At our area of previous resistance now turned support we also have the 61.8% fib retracement level which is often classed as the strongest fib retracement level so we'd expect that buyers would be sat at this area wanting to hold price and push it higher. On top of that we also have an upwards trendline touch, which acts as dynamic support, so we'd expect buyers to also be sat at this area wanting to hold price and push it higher. All of these technical confluences line up together and signal that this area could hold and provide bullish momentum so we like the look of this. We don't just have the technicals on our side but we also have the fundamentals too. Fundamentally the USD is the strongest major currency compared to the JPY which is the weakest major currency, so this massively goes in our favour. As of the most recent report for institutional positioning we saw the USD stay pretty bullish whereas for the JPY we saw an increase in long positions but we also saw an almost 2.5 times bigger increase in short positions compared to long positions opened. This signals that there is still more possible bearishness to come for the JPY, making it favourable to short rather then going long. With all of the technicals and fundamentals lined up together we have a very strong bias to the long side of USDJPY.
Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read and responded to. We any comments at all so thank you!
Stay Safe - The JPI Team
Disclaimer:
This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does too. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.
CAD/JPY Set To Grow! BUY!
My dear friends ,
My technical analysis for CAD/JPY is below:
The market is trading on 105.328 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 106.399
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
USOIL The Target Is DOWN! SELL!
My dear friends ,
This is my opinion on the USOIL next move:
The instrument tests an important psychological level 74.75
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Goal - 72.96
Recommended Stop Loss - 75.79
About Used Indicators:
The average true range ATR plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
AUD/CAD The Target Is UP! BUY!
My dear subscribers ,
I analysed this chart on AUD/CAD, and concluded the following:
The asset is approaching an important pivot point 0.88410
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Goal - 0.88968
My Stop Loss - 0.88116
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
DXY My Opinion! BUY!
My dear subscribers ,
DXY looks like it will make a good move, and here are the details:
The instrument tests an important psychological level 101.3249
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 101.8013
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
USD/CHF On The Rise! BUY!
My dear followers ,
My technical analysis for USD/CHF is below:
The market is trading on 0.88042 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.88468
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
GOLD Expected Growth! BUY!
My dear friends ,
GOLD looks like it will make a good move, and here are the details:
The asset is approaching an important pivot point 1925.17
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1939.36
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
USD/CAD Technical Analysis! BUY!
My dear subscribers ,
This is my opinion on the USD/CAD next move:
The instrument tests an important psychological level 1.32782
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.33343
My Stop Loss - 1.32463
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
US30 Massive Short! SELL!
My dear subscribers ,
Please, find my technical outlook for US30 below:
The price is coiling around a solid key level - 33911
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 33752
My Stop Loss - 34006
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
EUR/AUD Set To Fall! SELL!
My dear friends ,
My technical analysis for EUR/AUD is below:
The market is trading on 1.64737 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.63328
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
Japanese Yen Is Trading At The SupportJapanese Yen has been one of the weakest currency in the last couple of months. But, looking at the JPY Futures chart, we can see it finishing a larger A-B-C corrective decline, while it's trading at the support, which can cause reversal and recovery for the Japanese Yen.
Even COT data of the japanese Yen shows extreme levels for Large speculators (green). It means that we may see some slow down of a current bear move, or even rally in the months ahead.
GOLD On The Rise! BUY!
My dear subscribers ,
I analysed this chart on GOLD, and concluded the following:
The asset is approaching an important pivot point 1929.40
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1941.22
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
USD/JPY Under Pressure! SELL!
My dear subscribers ,
USD/JPY looks like it will make a good move, and here are the details:
The price is coiling around a solid key level - 142.260
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 - 140.011
Safe Stop Loss - 142.847
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
DXY The Target Is UP! BUY!
My dear followers ,
This is my opinion on the DXY next move:
The asset is approaching an important pivot point 102.1259
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 102.5268
Recommended Stop Loss - 101.9293
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
EUR/GBP Set To Grow! BUY!
My dear friends ,
My technical analysis for EUR/GBP is below:
The price is coiling around a solid key level - 0.85344
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Goal - 0.85602
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
AUDUSD - Are The Bulls Getting Ready To Push Price Higher?Analysis:
When we look at price action we've recently seen a strong rejection off of an area and price is making a move back down however we see this as a buying opportunity. If we look at price action before this rejection we can see that price did indeed form a higher high and a higher low showing us that we're in an upwards trend. This higher low hasn't yet been broken so we're still in that upwards trend. At the start of June there was some real strong momentum on the AUDUSD for the bulls and it looks as if they are currently taking a break before we see a continuation higher. This position will also hedge our other USD long positions so if we are incorrect about the USD strength we expect then we will still be able to profit. As a professional trader you need to remember that your job isn't to make a million percent in a year. It's to make a consistent profit whilst managing your risk. If you can't manage risk then you won't make it as a trader and that's the harsh truth. Hedging allows you to diversify your risk which is why we like to do it here at JPI. Were price is currently is an interesting area to us because if we look left on the chart we can see price has held this zone multiple times as support previously and we expect that this will happen again as very often we see this. For more confluence we saw slowing down momentum for the bears at the start of the week as the candles were very small and were indicating a possible reversal. This was also where the 50% fib retracement level was so there was even more confluence that price was going to reverse there, however we were more interested in level slightly below. Early this morning we had some worse then expected news for the AUD so we saw price push down and tag the 61.8% fib retracement level which is often classed as the strongest fib level and we expect that this is were buyers will be sat at wanting to push price higher. With the slowing bearish momentum that we saw this week around the 50% fib retracement level and with the 61.8% fib retracement level being tagged this "golden zone" which is just the area between the 50% fib retracement level and the 61.8% fib retracement level looks like a great place to enter long from especially from our area which is also in this "golden zone". For more confluence we also have an upwards trendline. This trendline is better seen on the weekly timeframe. When this level has been touched before we've seen bulls step in and push the market higher so we'd expect this to happen again. This trendline is below our entry but above our stop loss so if we we're to go into drawdown then there would be a strong level where we'd expect buyers to step in so this gives us more confidence in our setup. Why don't we enter at this trendline then? Well where price is at currently looks like a stronger area for possible reversals and we don't want to miss this trade as it's a good setup. The upwards trendline is just another confluence to add to our bullish thesis. Fundamentally as of the most recent report on institutional positioning the USD is the strongest major currency whereas the AUD is the 6th strongest major currency so this doesn't go in our favour. However if we dig a little deeper you can see why we currently prefer the AUD over the USD. As of the most recent report on institutional positioning we saw a decrease in both short and long positions on the USD so this is pretty neutral but on the AUD in regards to the most recent report for institutional positioning we actually saw an increase in long positions and a decrease in short positions which is very bullish. This could be early signs that we could see some bullishness for the AUD in coming weeks. Although the AUD news this morning wasn't positive we still have loads of confluence factors pointing to bullishness on the AUD which is why we have an overall bullish view on AUDUSD.
Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read and responded to. We any comments at all so thank you!
Stay Safe - The JPI Team
Disclaimer:
This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does too. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.
EUR/GBP LONG FROM SUPPORT
Hello,Friends!
EUR/GBP pair is in the downtrend because previous week’s candle is red, while the price is clearly falling on the 9H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 0.863 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely.
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