USDJPY is unstoppable.
The pair is growing sharply from the beginning of the year.
Here are two important historical points for you to watch.
118.2 - 118.8 is a 6 years' high.
The price is currently approaching that structure and with a high probability, we will see a pullback from that.
Trading against the trend you...
Hello traders:
Been receiving many inquiries about AUDJPY, on the potential bearish bias of the price action.
I have sharing many forecast and analysis on AUDJPY, but it seemed price has yet to commit to the downside.
This is something that I haven't experience before where there's a consolidation period of the price, and the market is just getting ready for...
hi traders:
Similar like AUDUSD I just shared, NZDUSD is following the same bearish development as well.
From my previous outlook and forecast,
Price hit the double tops, reversal impulse down, and formed continuation correction to drop more.
Now that price has a short...
As it can be inferred from the chart, a massive ascending channel has been formed and the price is currently testing the upper boundary of it. Just like it is written in the books, after a massive impulsive move, a correctional move should happen in order to complete the pattern. We are expecting for the price to form a nice top and drop all the way down till the...
EUR/USD. The Euro began to fall against the Dollar due to Russia's attack on Ukraine. Conflict in Europe is a high risk and unpredictability of investment in the European economy leads to capital outflow to safer markets.
The outflow of capital from the EU goes to the U.S. market, which causes Euro to fall against the Dollar.
The price is now at 1.10 level and...
The price, after a false breakout, tests the resistance of 154.7 with a false breakout and does not roll back down. I am waiting for consolidation under the level, breakdown and subsequent continuation of growth. My target is 155.92 resistance
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Hi traders:
I was not active for about since last week, took a much needed vacation and mini-getaway.
Now I am back and seeing some good development of the price.
Here on AUDUSD, from my previous outlook and forecast from the top,
price indeed pushed down aggressively, and now is at...
As many of you may know, FX:USDJPY have been in uptrend for a while now BUT NOW it's actually testing a strong supply level.
1-) In our perspective , USDJPY is testing a very old supply level
2-) it doesn't mean to sell but keep an eye for potential reversal signs (shorterm)
3-) JXY IS ALSO IN A MACRO DEMAND LEVEL.
Disclaimer: This is not a financial...
The sentiment of EUR/USD still remains bearish, as the price keeps printing Lower Highs and Lower Lows. This morning, the price managed to spike above 1.098 zone of previous support later on turned resistance, which also acts as the resisting point of the previous lower-timeframe Lower High. However, it was not able to hold much longer above the local zone and it...
After a big significant growth, price has reached the strong weekly resistance zone which has been existed since December 2016.
Currently, in the 4H time frame, we can see a downside push on price and it seems like it is making a reversal double top pattern.
There is a yellow support level at 117.790 which is also the last price low. If price breaks this level...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for USDCHF.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!
All Strategies Are Good; If Managed Properly!
~Rich
The price is consolidating under the local resistance level 1.09735. I expect the price to fall along the trend. My goal is support 1.0886
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for EURAUD.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!
All Strategies Are Good; If Managed Properly!
~Rich
GBPUSD
- Classic bullish setup
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Buy GBPUSD
Entry Point - 1.30446
Stop Loss - 1.28032
Take Profit - 1.34070
Our Risk - 1%
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Today is the FED Interest Rate decision.
This will definitely cause some moves which will present us with some trading opportunities.
We saw price holding yesterday which probably means that the market is awaiting the news to find its next clear move.
Like we said in our analysis yesterday, best case scenario would be to see price pushing up to 1,1200 and then...
Hey traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.10500 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
As we all know today is FOMC and it is obvious that it will impact USD
in any form or another.
They have promised to increase the Interest Rates but on the other
side never knows what they can speak in the press conference and moving
the price higher or lower.
So actually both the scenarios are valid. The next movement will show the direction
of the new or old...
Analysis on #AUDCHF
The AUDCHF on the lower time frame is forming a beautiful two patterns for one bearish setup which I like to see, here we have:
>> Bearish harmonic ABCD pattern
>> Bearish harmonic Gartley pattern
Trading Plan:
>> If the AUDCHF completes my patterns I will look to get in a short trade with good reward to risk if the rules are met.
⚡...
