USDCAD LOOKING BEARISH....Hi traders:
Looking at USDCAD now for possible bearish reversal entry opportunities.
Fxsignals
EURUSD - DAY TRADE VIEWEURUSD - Looking good on hourly candles reversing back from the support zone .
My approach should be a buy here at current price 1.16050
Maintain stop loss around 1.15400
Potential upside target 1.16700 - 1.17400
Follow the levels as mentioned on the chart and written here in the description.
Traders hit the like button to spread the positivity :)
BIG Profits to be made on this trade - EUR/USDEurusd is clearly in a downtrend... It is looking bearish and has broken multiple support levels.
The Trendlines that have been broken are indicating that its a sell.
Big profits to be made on this trade.... More to come, so make sure you follow me!
NZDUSD H4 - Short SetupNZDUSD H4
Similar setup to AUDUSD (AUDUSD analysis to follow), however a little cleaner in my opinion in terms of technicals and targets, the conflicting factor is the ACTUAL performance of the NZD vs AUD, AUD being the weaker amongst the two.
Need to make sure we are trading south of these trading zones going forward, support has broken but we must ensure resistance holds.
AUDJPY H4 - Short SetupAUDJPY H4
Based on the above GBPAUD chart, and in line with the AUD weakness... I feel we may see a break in support here, people say trade what you see, but what happens when you see figures and headlines conflicting your technicals, surely waiting for additional confluence and sitting on the sideline a little longer would prove prudent, right?
Regardless, we focus on our strategy, and we don't get lured into too much different market perception, trade what we know. Waiting this out a little longer to see how support fends.
AUDUSD H4 - Long SetupAUDUSD H4
Similar setup to NZDUSD, both local eastern pairs which are in trade vs the USD. Neither parties particularly outperforming, and ideally we want to see some signs of strength from one side (hence why we picked NZDUSD longs).
But worth following for comparative purposes. Support looks attractive, also area of demand, we just don't have the additional whole number confluence that we have with NU.
Signal: EURGBP (1H), SHORT 📉Good afternoon, traders! We got a projection for you. Let's get right into it:
We will be entering this trade, only if we see a nice, clean streak of green candles, going all the way back to the EP.
💱 SELL LIMIT:
- Stop Loss (SL) = ~0.85828
- Entry Point (EP) = ~0.85631
- Take Profit (TP) = ~0.85346
Positive evidence:
✔️ Breakout @ ~0.85631 (at a significant S&R zone).
✔️ Retracement @ ~0.85346 (at a significant S&R zone).
✔️ EMA (50) @ above candlesticks; between EP & SL.
✔️ EMA (200) @ above EMA (50).
✔️ Clean streak of red candles, going all the way down to the point of retracement (with the exception of one green).
Negatives:
❌ No overall downtrend.
In our opinion, the positives are greater than the negatives. Remember: if, at any point before price hits the EP (1H timeframe), we see a decent-sized red candle form, this projection is no longer valid.
Did this help you? Please let us know, in the comment section, so that we can provide you with better tips, in the future.
“My mission is to help you see forex for what it is: it’s not ‘rocket science,’ but a simple strategy game. Get on the ‘good side’ of probability, develop the proper mindset, and you will prosper.”
— Nio Pomilia, Forex Free Press
Gbpjpy uptrend GBPJPY
New forecast
After the breakout of the level, the price consolidates above the resistance. I look forward to growth after consolidation. My goal is 153.34
EURAUD - DAY TRADE VIEWEURAUD - Looking good on hourly candles trying to reverse back from the support zone .
My approach will be a buy here at current price 1.60450
Maintain stop loss 1.59200
Potential upside target 1.62550 - 1.63050
Follow the levels as mentioned above.
Traders, if you liked this idea hit the like button & write in the comment section.
GOLD - DAY TRADE VIEW GOLD - As per the price action, trend lines , & technical indicators gold is expected to go down from the current price.
My approach will be a sell here at 1801
Potential downside target 1775-1768
Maintain stop loss around 1814
Trade as per your risk appetite, I will be glad to see your likes & comment.
GBPCHF - DAY TRADE VIEWGBPCHF - Momentum is in favour of buyers & as per the trend analysis, technical indicators it's a good buy.
My approach will be a buy only above 1.25200
Maintain stop loss around 1.24600
Potential upside 1.26000 - 1.26700
Trade as per your risk appetite, I will be glad to see your likes & comment.
EURAUD - DAY TRADE VIEWEURAUD - As per the hourly chart & candlestick patterns, it's trading close to the immediate resistance and chances of coming down is happening.
My approach will be a sell here at current price 1.63700
Maintain Stop loss around 1.64250
Potential downside target 1.62300 - 1.61200
Follow the levels properly, I will be glad to see your likes & comment.
EURAUD - DAY TRADE VIEWEURAUD - As per the hourly chart & candlestick patterns, it's trading close to the immediate resistance and chances of coming down is happening.
My approach will be a sell here at current price 1.61060
Maintain Stop loss around 1.61260
Potential downside target 1.60600
Follow the levels properly, I will be glad to see your likes & comment.
GBPCHF - DAY TRADE VIEWGBPCHF - Momentum is in favour of buyers & as per the trend analysis, technical indicators it's a good buy.
My approach will be a buy here at current price 1.26790
Maintain stop loss around 1.26500
Potential upside 1.27150
Trade as per your risk appetite, I will be glad to see your likes & comment.
GBPUSD - DAY TRADE VIEWGBPUSD - Momentum is in favour of buyers & as per the trend analysis, it's a good buy.
But as mentioned in the chart follow the same.
Buy around 1.38750
Maintain stop loss around 1.38500
Potential upside 1.39300
Trade as per your risk appetite, I will be glad to see your likes & comment.
GOLD - DAY TRADE VIEWGOLD - As per the price action, trend lines , & technical indicators gold is expected to go down from the current price.
My approach will be a sell here at 1773.50
Potential downside target 1765
Maintain stop loss around 1779
Trade as per your risk appetite, I will be glad to see your likes & comment.
GOLD - DAY TRADE VIEW GOLD - Currently on a verge of important level.
Buy only above 1762 for upside target 1774-1782, Maintain stop loss around 1754
Sell below 1756 for downside target 1744-1738 , Maintain stop loss around 1764
Both buying and selling levels are mentioned clearly.
Hit the like button to get more such signals
CADCHF: Structure Trading With Confirmation 🇨🇦🇨🇭
Hey traders,
CADCHF is trading on a strong key level.
0.736 - 0.738 is major historical resistance.
The price formed a peculiar dodji candle on that on a daily.
On hourly time frame, we see a local consolidation & indecision within a narrow horizontal trading range.
Our confirmation to short will be its bearish breakout (hourly candle close below its support).
Selling on a retest we can catch a nice pullback trade.
Goals: 0.7335/0.7305
In case of a bullish breakout of the range though, bullish continuation will be expected
and our selling setup will become invalid.
❤️Please, support this idea with a like and comment!❤️
Eurjpy downtrend
The instrument is trading at the upper border of the descending channel .
Drop potential is the entire power reserve inside the channel.
I think that it will not be possible to break through the resistance and the price will fall to support 128.3
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Usdchf downtrend
After the price channel broke down, the price rolled back to the channel border. The trend is downtrend, I think that after the price consolidates, the fall can be continued. Target - support zone
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My past forecasts on USDCHF👩💻
№1USDCHF+70p✅
№2USDCHF+203p✅
№3USDCHF-20p❌
№4USDCHF+49p✅
№5USDCHF+62p✅
№6USDCHF+82p✅
№7USDCHF+89p✅
№8USDCHF+36p✅
№9USDCHF+75p✅
AUDUSD - DAY TRADE VIEW AUDUSD - As per the price action, trend lines , & technical indicators it is expected to go down from the current price.
My approach will be a sell here at current price 0.74040
Potential downside target 0.73600 - 0.73200
Maintain stop loss around 0.74400
Trade as per your risk appetite, I will be glad to see your likes & comment.
GOLD - DAY TRADE VIEW GOLD - As per the price action, trend lines , & technical indicators gold is expected to go down from the current price.
My approach will be a sell here at current price 1812.50
Potential downside target 1805-1800
Maintain stop loss around 1819
Trade as per your risk appetite, I will be glad to see your likes & comment.
