In this video, i went over the main reason i entered a short on EURJPY and my technical process and target. I also go over what i will be looking out for on the pair and also on GBPUSD
Everything you need to know is explained on the video on this eurusd trade idea
**Sorry about the sound** Today, I'm looking at the Major Indices to determine the current state of play of the currency market and what we should expect for the remainder of the trading week. The current 4HR wave structure analysis of the Indices is as follows: DXY: +ve EXY: Neutral AXY: Neutral SXY: +ve JXY: +ve BXY: -ve CXY: -ve ZXY: -ve BUY PAIRS: No High...
Today's focus: EURUSD Pattern – Continuation (Bullish) Support – 1.0794 Resistance – 1.0855, 1.0896 Hi, traders; thanks for tuning in for today's update. Today, we are looking at the EURUSD on the daily chart. Will we see the EURUSD set off on a new continuation higher? Bulls have broken the downtrend and formed a higher low. We have a trigger bar, but we...
Today's focus: USDJPY Pattern – HL Continuation Support – 149 - 149.15 Resistance – 151.80 - 149.65 Hi, and thanks for checking out today's update. Today, we are looking at USDJPY on the daily chart. Today's video asks if USDJPY has further to fall or if we will see buyers continue to find some support from 149- 149.15. For now, price continues to trade below...
Today's focus: AUDJPY Pattern – HL Continuation Support – 96.10 Resistance – 97.52 Hi, and thanks for checking out today's update. Today, we are looking at the AUDJPY on the daily chart. Today's video asks if the AUDJPY will continue its continuation pattern. We have run over the price action that drew us to this setup and what we want to see to give us...
Hey traders, welcome back. The dollar is increasing heavily to the upside as I make this video. Now we don't know how price will close but it is important to watch how she closes today. If price continues this could affect the major currency pair market in a mighty way. All Base dollar pairs could continue to increase while Quote dollar pairs could continue...
Today's focus: USDJPY Pattern – Ascending Triangle Break (BoJ Intervention?) Support – 149.28 - 148.43 Resistance – 149.90 - 150.16 Hi, and thanks for checking out today's update. Today, we are looking at the USDJPY on the daily chart. Speculation continues as to whether we will see intervention from the BoJ as the USDJPY continues to trade above 150....
Today's focus: AUDUSD Pattern – Support hold Support – .6285 Resistance – .6425 Hi, and thanks for checking out today's update. Today, we are looking at the AUDUSD on the daily chart. Currently, we are watching price from 6285 support; if this level can hold and the USD continues to push lower, we will look for further upside from the AUDUSD. If buyers can get...
Today's focus: GBPAUD Pattern – LH Trend continuation Support – 1.8935 Resistance – 1.9185 Hi, and thanks for checking out today's analysis. The GBPAUD daily is today's focus. What has our attention is the possible continuation that's setting up. This looks to be a bearish continuation at this point, but we want to see price hit a new lower low for the week to...
Today's focus: GBPUSD Pattern – LH low test Support – 1.2456 Resistance – 1.2510 Thanks for checking out today’s update. Today, we have run over the GBPUSD, breaking down the overall price picture and levels and incorporating moving average and RSI into the analysis. The GBPUSD continues to push lower after yesterday’s session. Price created a new LH and has...
Today's focus: EURJPY Pattern – Range support test post LH trend break. Support – 157.05 – 155.85 Resistance – 158.40 – 159.40 (area) Thanks for checking out today’s update. Today, we have run over the EURJPY, breaking down the overall price picture and levels we are watching. The JPY has started the week on a strong note with solid gains so far to the EUR,...
Today's focus: USDCAD Pattern – Support hold, retracement Support – 1.3517 Resistance – 1.3597, 1.3640 • USDCAD price sits at a junction. • USDCAD failed at its latest key resistance test. Hi, and thanks for checking out our latest market update. Today, we have run over the USDCAD on the daily chart and discussed oil and the USD index, as well as upcoming news...
At a daily timeframe there is double bottom neckline pattern. if the neckline breaks, the bull in the market will get stronger. The daily and weekly support looks strong. Disclaimer : The CMP is at the monthly strong resistance so trade with tight SL.
Today's focus: AUDUSD Pattern – HL Possible targets – 68.11 – 68.85 Support – 67.17 Resistance – 67.75 Could we see further upside from the AUDUSD? Currently price is bouncing off short-term support. This could continue if some of this week's key news goes in favour of risk markets. The USD has had a solid run recently but could any hints at future rant holds...
2023.7.14 USD has fallen below the 100 integer mark Hello, I'm Older Duan. Today is Friday, July 14th 2023. Now it's 17pm Beijing time. Let me give you a quick comment on the technical forms of the current international mainstream varieties! First, what we see is the daily graph of the dollar index. As shown in the figure, the U.S. Dollar Index has fallen...
2023.7.11 GBPUSD accelerates its rise USD continues to be weak, the pound accelerates its rise, and US crude oil fluctuates slightly! Hello, I'm Older Duan. Today is Tuesday, July 11th 2023. Now it's 17pm Beijing time. Let me give you a quick comment on the technical forms of the current international mainstream varieties! First, what we see is the daily...
2023.7.7 USD is falling, gold is bearish and weak, and US crude oil is in a deep V shape! Hello, I'm Older Duan. Today is Friday, July 7th 2023. Now it's 17pm Beijing time. Let me give you a quick comment on the technical forms of the current international mainstream varieties! First, what we see is the daily graph of the dollar index. As shown in the figure,...