Forexanalysis
💵Australian Dollar/New Zealand Dollar 💵Analyze (12/07/2022)!!!The Australian Dollar/New Zealand Dollar is running near the support zone and lower line of the main ascending channel.
Also, it seems the Australian Dollar/New Zealand Dollar completed the 5 impulsive waves.
I expect the Australian Dollar/New Zealand Dollar will grow up at least to the upper line of descending channel.
🔅Australian Dollar/New Zealand Dollar ( AUDNZD ) Timeframe 4H⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
💵Swiss Franc/New Zealand Dollar 💵Analyze (12/15/2022)!!!The Swiss Franc/New Zealand Dollar completed the fifth wave after it managed to break the downtrend line and form a double-bottom pattern.
I expect the Swiss Franc/New Zealand Dollar will go up at least to resistance lines in the next days.
🔅Swiss Franc/New Zealand Dollar Analyze ( CHFNZD ) Timeframe 4H⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
GoldViewFX - Market UPDATE - BOOOOOM!!!!!!!Hey Everyone,
We did it again!!! With a PIPTASTIC finish today completing all our targets on our 1H and 4H chart setup.
We identified the retracement area start of the week, which played out with price finding support at 1777, as analysed with a perfect push up today hitting all Bullish Targets. We took our long positions from support confirmed with our premiere signals and trailed the move up to a perfect finish.
We will now wait for momentum to die out and settle before considering our next positions. Our Daily chart bullish target remains on our radar (please see related post below). We will now need to see EMA5 cross and lock above 1815 with a candle body close to open and confirm the upper levels.
A failure to cross, lock and break above 1815 will see price fall back into our existing range re-activating the existing setup. However, a break above and we can still track and trade this using our EMA5 cross and lock level to level towards the upper structure.
BULLISH TARGETS
1801 - DONE
1815 - DONE
EMA5 CROSS AND LOCK ABOVE 1815 WILL OPEN 1822, 1833, 1843
BEARISH TARGETS
1788 - DONE
1777 - DONE
EMA5 CROSS AND LOCK BELOW 1765 WILL OPEN 1756, 1747, 1738
SWING RANGE
1738
As always, we will keep you all updated with regular updates throughout the week and how we manage the setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
#GBPJPY near 4h timeframe resistive area one againlook where price is one more time at an area where rejected clearly twice before plus it's a structural point too ( it use to be support but changed to resistance ) if you look at the left side of the chart. this cluster of resistance add to the importance of the area.
But the thing is matter most is not to rush into a trade as we have CPI news today and depends on what the numbers going to be it can cause price to break the resistance to the upside or to reject from.
If you want to have more comprehensive idea about what to expect of news are going to be released today and tomorrow I would recommend you to read the idea linked to this article.
But in summery, if CPI comes out equal or lower the prediction it would be good JPY and we can expect the downside move from GBPJPY .
chf/jpyLooking here at chf/jpy im anticipating price to continue in this downward direction and at minimum retest previous support area, Now price can break and continue down to go create a lower low, it would be recommended to take partials and move stops into Profit when trade is running 45+pips
Disclaimer- information share is not investment advice, i am simply sharing my opinion on a currency and all information shared is for educational and demo purposes only!
#EURJPY selling position opportunityAs we discussed before in #JPYBASKET analysis ( you can see it in related ideas ) we believe JPY is aiming for higher prices due to technical and fundamental analysis, and in order to take advantage of this move we can sell other currencies against JPY.
Price currently in EURJPY pair is moving down and has formed bearish channel in 4H timeframe which can be tested one more time during today trading time or tomorrow. moreover, price managed to get very close to 4H timeframe high and base on market structure analysis if price want to continue moving downward in 4H timeframe it shouldn't close above this area.
In conclusion, for taking a short position on this pair base on 4H time frame we need to see price tap into any of two line drove above the price but fail to close above it. and then get rejected from the area. which can prove that sellers are in the market and also the capitulation move is over too. Also for more validation you can wait to see market structure in lower timeframe also shifted in the favor of the downside move.
GoldViewFX - 1H CHART UPDATED LEVELS & TARGETSHey Everyone,
Please see our updated 1H chart Goldturn support and resistance levels and targets.
Although the chart structure is Bullish, and we are expecting another challenge to 1806 Goldturn, we must keep in mind this is a resistance structure and failure here may start with some retracement into the areas below. Our plans to continue to buy dips are still in play and we will keep the retracement levels in mind when planning entries.
BULLISH TARGETS
1798
1806
EMA5 CROSS AND LOCK ABOVE 1806 WILL OPEN 1815 AND 1822
BEARISH TARGETS
1789
1783
1777
1769
EMA5 CROSS AND LOCK BELOW 1769 WILL OPEN THE SWING RANGE
SWING RANGE
1754
As always, we will keep you all updated with regular updates throughout the week and how we manage the setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - 4H CHART UPDATED LEVELS & TARGETS`Hey Everyone,
Please see our updated 4H chart Goldturns support and resistance levels and targets.
The chart structure is looking very much Bullish with all MAs lined up for another push up. However, we will continue to trade this level to level confirmed with EMA5 cross and lock. 1801 and 1815 are an open TARGET left from last week.
We will need to see EMA5 cross and lock above 1815 to open the upper levels. We also have a retracement range to 1788 - 1777 to keep in mind when planning any entries. Our plans to buy dips from support levels are still in play. We will look to track and trade the movement level to level using EMA5 cross and lock level to level.
BULLISH TARGETS
1801
1815
EMA5 CROSS AND LOCK ABOVE 1815 WILL OPEN 1822, 1833, 1843
BEARISH TARGETS
1788
1777
EMA5 CROSS AND LOCK BELOW 1765 WILL OPEN 1756, 1747, 1738
SWING RANGE
1738
As always, we will keep you all updated with regular updates throughout the week and how we manage the setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR