TheNomadTraderYT

TheNomadTraderYT

Hi traders! The current market conditions suggest a potential reversal in the GBP/CAD exchange rate, pointing towards a local downward trend. This strategic decision is in line with our analysis of a triangle pattern and downwards crossing the 200 period WMA on the H4 timeframe, which signals a favorable Short trading opportunity. Have a great Weekend!

TheNomadTraderYT

Hi traders! According to my analysis, the AUD/JPY currency pair is expected to increase, presenting a potential Long opportunity. The basis for this expectation is the recent crossing of the price Above the 200 - period Weighted Moving Average (WMA), indicating a Bullish signal. Additionally, there is a strong resistance level that further strengthens the case for...

TheNomadTraderYT

Hi traders! The current market conditions suggest a potential reversal in the GBP/JPY exchange rate, pointing towards a local downward trend. we are adopting a cautious approach and anticipating a temporary retracement in price before initiating any trades. This strategic decision is in line with our analysis of a channel up pattern and downwards crossing the 100...

TheNomadTraderYT

Hi traders! According to my analysis, the NZD/USDcurrency pair is expected to increase, presenting a potential Long opportunity. The basis for this expectation is the recent crossing of the price Above the 100 - period Weighted Moving Average (WMA), indicating a Bullish signal. Additionally, there is a strong resistance level that further strengthens the case for...

TheNomadTraderYT

Hi traders! According to my analysis, the EUR/AUD currency pair is expected to decline, presenting a potential short opportunity. The basis for this expectation is the recent crossing of the price below the 200-period Weighted Moving Average (WMA), indicating a bearish signal. Additionally, there is a strong support level that further strengthens the case for a...

TheNomadTraderYT

Hi traders! The current market conditions suggest a potential reversal in the USD/CHF exchange rate, pointing towards a local downward trend. we are adopting a cautious approach and anticipating a temporary retracement in price before initiating any trades. This strategic decision is in line with our analysis of a channel up pattern, which signals a favorable...

TheNomadTraderYT

Hi traders! The current market conditions suggest a potential shift in the AUD/USD exchange rate, favoring an upward trajectory. Despite some bearish indicators, we are adopting a cautious approach and await a temporary retreat in price before initiating any trades. This strategic decision aligns with our analysis of a channel down pattern, indicating a favorable...