ForexSignalsPro

ForexSignalsPro

CADJPY making a false breakout from 110.400 to trap buyers into buying at unfavourable and also triggering stop loss orders of the sellers at this price level. A short position at 110.600 with stop loss order at 110.800 (-20pips) and profit target at 107.500 (+300pips). First taking profit at 109.300 (+130pips).

ForexSignalsPro

CADJPY makes a change of character at a previous supply area; followed by a double top at the same zone, signalling a possible change in trend direction. A short position at 109.390 with a stop loss order slightly above the zone at 109.500 and take profits at 107.500 would be a profitable trading opportunity.

04:00

ForexSignalsPro

From our previous analysis on EURAUD, you can notice that the market had moved exactly as we predicted, completing the "W" formation as it's supposed to. And currently, the market is finding support at the 1.63500 zone. So what we will be doing is to monitor Price action on the 4 hours waiting for proper confirmation to go long.

02:46

ForexSignalsPro

Due to the EURAUD price ranging between the 1.65300 zone and the 1.61300 zone, we expect price to retrace back from the daily high of 1.61300. Following the W pattern created by the market on the Daily time frame, price should retrace back to the 1.63636 zone.

ForexSignalsPro

The NZDUSD currency pair has found it's way back to the major resistance zone @0.68100. We expect price reversal at this point, but take note to watch out for a clear reversal strategy to be evidenced on the H4 time frame before proper entry is executed.

ForexSignalsPro

With the popular Head and Shoulder candle sticks pattern identified on the Bitcoin Daily chart, we expect a new bearish trend formation to continue. Looking at the previous support l zone 11109.83 now turned resistance, its possible to say that the retest zone has been identified. Further confirmations should be noted using the 4 hour chart before entry is executed.

ForexSignalsPro

The USDCAD has continued to range between the 1.31348 zone and the 1.32503 support and resistance zones respectively. We are expecting the market to continue in this formation until a breakout is evidenced

ForexSignalsPro Updated 

EURUSD ready to drop from 1.10724 Short Now @1.10724 or Set Sell Stop order @ 1.10600 Sl 1.11100 Tp 1.0000

ForexSignalsPro

Bitcoin dropped from high of $12,000 over the last 4-5 months and currently finding support at $8,200 being fib level 0.618. First Scenario, price breaks above trend line and Confirmation above $9,000, we expect to clear new highs of $15,000-$20,000. Second scenerio, price doesn't respect support zone at $8,000 and keeps dropping below $7,500, we expect new lows...

ForexSignalsPro

Audjpy H4 ranging between 79.900 and 77.500 for the past 2 Months. Short Selling expected from current price 79.555 to 77.600. Watch for clear change of trend signal before shorting. First target 78.500 down to 77.600.

ForexSignalsPro

NZDCAD slight breakout (Might be false Break) from the 3 Months consolidation at 0.91300. The Double top candle formation on the H1 might Trigger a Short selling Signal on NZDCAD. Conservative Sell entry below the Resistance zone at 0.90920 with First Target at 0.90200, second target 0.89344.

ForexSignalsPro

Usdcad double top at the zone. Short below the trend line at 1.32759 Target 1.30216

ForexSignalsPro

Usdcad looking to break out of the squeeze zone of 1.33822

ForexSignalsPro

Usdcad forming the popular Head and Shoulder pattern at 5 Months resistance zone 1.32600. Expecting downward retracements from 1.32600 to 1.31100

ForexSignalsPro

Usdcad still stalling after making attempt to break-out from the 5 months resistance zone shown by the channel. The Head and shoulder pattern formed opens a good opportunity to short the Usdcad pair from current price 1.30800 to 1.29350 as bearish moments should be expected over the next 3-4 days.

ForexSignalsPro

AUDUSD breaks five months resistance zone and retest completed, good opportunity to go long from 0.94630 to 0.96066 over the next 3-4 days with safe stop loss at 0.93868

ForexSignalsPro

Bullish reversals identified including the popular head and shoulder candle stick patterns.

ForexSignalsPro

USDCAD Bullish trend retracements should be expected from 1.31500 first target at the 1.31000 zone where market might bounce off or break lower to complete full trend retracement at 1.30300 .