creamygem

creamygem Updated 

Trade Rationale: The CAD/CHF pair is currently showing signs of short-term bullish momentum, presenting a potential trading opportunity. The Canadian Dollar (CAD) has displayed strength against the Swiss Franc (CHF), indicating a possible upward movement in the exchange rate. Technical Analysis: Support Levels: The pair has found support at a key level,...

creamygem Updated 

In the GBP/USD trade analysis, a short-term bearish bias is observed. The currency pair's recent price action reveals a struggle to breach resistance levels, accompanied by weakening momentum indicators. This scenario hints at a potential reversal in the near term. Traders could consider short positions, targeting support levels as potential profit-taking areas....

creamygem Updated 

In this trading analysis, we will provide insights into the prevailing short-term bearish bias for the EUR/CAD currency pair. We will focus on the fundamental factors that contribute to the Canadian Dollar (CAD) strength and the support from rising oil prices. Additionally, considering that an open sell position on this pair is already established, we will assess...

creamygem Updated 

GBP/JPY is currently displaying signs of a bearish movement in the short-term. Several technical indicators and fundamental factors suggest that the currency pair may experience a downward trend in the coming days. Traders should exercise caution and consider bearish strategies when positioning in GBP/JPY. Technical Analysis: Bearish Downtrend: The GBP/JPY pair...

creamygem Updated 

In this trading analysis, we will examine the CHF/JPY currency pair and provide insights into the prevailing short-term uptrend bias. Additionally, we will focus on the fundamental factors that indicate weakness in the Japanese Yen (JPY) and support the appreciation of the Swiss Franc (CHF) against the Yen in the near term. Technical Analysis: a) Short-Term...

creamygem Updated 

In this trading analysis, we will examine the GBP/USD currency pair and provide insights into the prevailing downtrend bias. Our analysis will encompass technical and fundamental factors to support our view that the British Pound (GBP) is likely to continue depreciating against the US Dollar (USD) in the near term. Technical Analysis: a) Downtrend Pattern: Upon...

creamygem Updated 

The US Dollar Index (DXY) measures the strength of the US dollar against a basket of major currencies. An uptrend bias indicates a general increase in the value of the US dollar relative to these other currencies. In this trading analysis, we will explore the fundamental and technical factors supporting the current uptrend bias in DXY. I. Fundamental...

creamygem Updated 

Hi All, As you can see price is making HLs and we are also buying the bullish Flag on H1 and H4. We are anticipating a bullish move for the time being. Price broke the flag from our entry, so an opportunity to retest if you are not already on the trade and then join the bullish leg. Entry and SL marked for your ref! Many Thanks

creamygem Updated 

In this trading analysis, we will assess the USD/CHF currency pair and provide insights into the prevailing uptrend bias. Through the examination of technical and fundamental factors, we aim to demonstrate that the US Dollar (USD) is likely to continue appreciating against the Swiss Franc (CHF) in the near term. Technical Analysis: a) Uptrend Pattern: Upon...

creamygem Updated 

Hi All, we are looking at opening a short term buy on this pair as we are anticipating the pair to create a HH on the W1 timeframe. narrowing it down to 4H we can see that price is now forming and inverse H&S, where we are buying the head. The short term plan is to buy till Aug at least at reasonable price. Please ensure you look at for trade update when you...

creamygem Updated 

Hi All, we are anticipating the continuation of bullish trend on EG. a comfortable break of the bullish flag and a retest, including the formation of HL. Entry, sl and tps marked. Follow, like , share and comment.

creamygem Updated 

Hi All, We are looking at opening a buy position on this pair. After a comfortable break of the downward channel and resistance we are anticipating a further bullish momentum. price is now creating a HLs which is an indication of buyers joining the trend. Couple with our overall bias on CHF weakness 2023. Enrty, tp and sl marked. Trade update are always on...

creamygem Updated 

Hi all, Following on from our previous analysis on this pair, we are now looking at taking another long position. This is a break & re-test strategy of the resistance turn support. We now have a bullish engulfing forming on H1 Support as well as price creating HLs. Entry, TP and SL marked. Updates on the trade are always on the update box and not comments....

creamygem Updated 

Hi All, following on from our last analysis on this pair, we can see price now forming a rising wedge and we have now completed a LH on D1, our bias is still bearish with caution as JPY fundamentally is not in the right path!. With that been said we are looking at buy JPYs in the short term which means we will be bearish other currencies against the JPYs....

creamygem Updated 

Hi All, For this week Trading we are looking at going long on AUDCHF using the D1 and H4 Timeframe, we can see double bottom on D1, and HL formation to retest the previous HH. H4 Bullish pennant forming. Entry, Sl and TP marked. Follow, Like and comment.

creamygem Updated 

Hi All, For this week Trading we are looking at going long on AUDUSD using the D1 and H4 Timeframe, we can see double bottom on D1, and HL formation to retest the previous HH. DXY we anticipate a bearish movement this week. Link below Entry, Sl and TP marked. Follow, Like and comment.

creamygem Updated 

Hi All, as you are aware we a long term bullish on this buy and i want to share with you a day trading opportunity to buy till friday latest atleast if you not already on the swing trade. Link to the swing trade would be tag on this analysis for your reference. |Entry , SL and TP marked. Follow, like and comment

creamygem Updated 

Hi All, CHFJPY forming a H&S pattern and we are looking at selling the completion of the right shoulder. Entry and SL marked. Follow, like and comment