EurCad Looking for shorts on pullbackTradingview Ideas:
Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Do check out my stream video for the week to have more explanation in place.
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Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
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Trading-forex
GbpNzd a pullback for long?Tradingview Ideas:
Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Watch out for the pair to go long, extended pair, but structurally still for me to go on long unless something changes
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Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
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Eurusd watching for pullbacks to shortTradingview Ideas:
Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
looking for reasons to short :)
Do check out my stream video for the week to have more explanation in place.
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Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
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Usd index still bullish with it, watching for more upsideTradingview Ideas:
Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
As mentioned in my streaming, i mentioned that usd has no major change in its price structure, likely more upside and bias to long for the majors.
Do check out my stream video for the week to have more explanation in place.
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Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
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GBPJPY Will Go Lower! Sell!
Take a look at our analysis for GBPJPY.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 190.950.
The above observations make me that the market will inevitably achieve 189.762 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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[EDU-Bite Sized Mini Series]What is Forex?Beginning with this post, I'm excited to share free educational content diving into the intricacies of Forex trading. We'll cover everything from fundamental basics to advanced concepts and terminology. My aim is to ignite your curiosity about Forex and encourage you to explore this dynamic market with me.
Without delay, let's kick off this week's installment with "What is Forex".
Forex, known as the foreign exchange market, stands as the epicenter of global currency trading, facilitating the exchange of currencies from various nations. Picture yourself planning an international vacation to Europe from the United States. Before embarking on your journey, you'd exchange your U.S. dollars for euros at a currency exchange booth or bank. This simple act encapsulates the essence of Forex trading on a larger scale. Every day, trillions of dollars worth of currencies are exchanged in the Forex market, driven by the needs of businesses, travelers, investors, and governments.
For instance, consider a multinational corporation based in the United States that wants to expand its operations into Europe. To do so, it needs to convert its U.S. dollars into euros to pay local suppliers and employees. In this scenario, the corporation engages in Forex transactions to manage its currency exposure and mitigate risks arising from fluctuations in exchange rates. Similarly, imagine a forex trader in Japan observing economic data releases indicating strengthening economic conditions in the United States. Anticipating a potential appreciation of the U.S. dollar against the Japanese yen, the trader may decide to buy dollars and sell yen, aiming to profit from the expected currency movement.
The Forex market operates continuously across different time zones, allowing traders to participate at any time of the day or night. This accessibility provides flexibility for individuals and institutions alike to execute trades based on evolving market conditions. Beyond its role in international finance, Forex impacts daily life in myriad ways. Exchange rate fluctuations influence the prices of imported goods, travel expenses, and even interest rates set by central banks, ultimately shaping the global economy. As such, understanding the dynamics of the Forex market is crucial for businesses, investors, and individuals navigating the interconnected world of finance.
EURUSD Trading Opportunity! BUY!
My dear friends,
My technical analysis for EURUSD is below:
The market is trading on 1.0798 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.0834
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
GOLD On The Rise! BUY!
My dear friends,
Please, find my technical outlook for GOLD below:
The instrument tests an important psychological level 2165.3
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 2183.7
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
EURUSD Will Go Lower! Sell!
Please, check our technical outlook for EURUSD.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 1.085.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.082 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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GBPCAD Massive Long! BUY!
My dear subscribers,
My technical analysis for GBPCAD is below:
The price is coiling around a solid key level - 1.7140
Bias - Bullish
Technical Indicators: Pivot Pointso High anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.7224
My Stop Loss - 1.7096
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
GOLD Is Very Bearish! Sell!
Here is our detailed technical review for GOLD.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 2176.117.
Considering the today's price action, probabilities will be high to see a movement to 2157.430.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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AUD/JPY Short, EUR/JPY Short and CAD/JPY ShortAUD/JPY Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
EUR/JPY Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
CAD/JPY Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
Gbpaud play the range on daily,h4 Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Likely just gonna play along with this range formed on higher timeframe.
Do check out my stream video for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
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Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
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Usdchf, might expect some pullback..ButHello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
But in general for Usdchf i am looking to long
Do check out my stream video for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
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Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
*********************************************************************
Usd could be seeing more upsideHello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
USD did broke up its downtrend line on higher timeframe and now still continue doing so. likely more upside to come. could be heading for 105 and 106.
Do check out my stream video for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
*********************************************************************
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
*********************************************************************
GOLD Set To Grow! BUY!
My dear followers,
I analysed this chart on GOLD and concluded the following:
The market is trading on 2159.7 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 2174.5
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
CAD/JPY Short and NZD/JPY ShortCAD/JPY Short
Minimum entry requirements:
• 1H impulse down below most recent low.
• If 3 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
NZD/JPY Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
💡 USDJPY: Forecast March 19USDJPY fluctuated insignificantly in the past session, still slowing down before the resistance area of 149.5. This may change today with the BoJ's new policy decision. You should patiently stay outside and observe, in case new notable bearish signals appear, especially on the daily frame. You may consider selling. This selling strategy only changes when the price breaks the 151 resistance and creates a higher peak.