Hello traders as we take a look at EURJPY, we have a beautiful potential set up. as liquidity has just been collected, and we are tapping into our supply zone, I am looking for sells to to target the weak low below. Good luck traders, be sure to use proper risk management
Hello traders, as we take a look at AUDJPY we are in a strong bullish trend on the 4 hour timeframe. We have a liquidity sweep, and a strong low formed. We should look for potential buys around this demand zone. Good luck traders be sure to use proper risk management!
Hello traders, as we take a look at us30, we are in a strong bullish trend. I am currently staying patient and waiting for potential buys. Predicting price to sell down toward our 4 hour demand zone around 38300. If price makes it down here I will be waiting for confirmation but looking to get in around this area. Good luck traders, be sure to use proper risk management!
Hello traders, as we take a look at AUDNZD, we are currently in a bullish trend, I am expecting price to continue bullish for new highs off of this demand zone. We should stick with the trend until it is broken. Good luck traders, be sure to use proper risk management
Hello traders, as we take a look at EURJPY we should continue to follow the bullish trend, until it is broken, here on the 4 hour time frame, we have a potential setup forming, as price continues to approach our demand zone. We should stay patient, and wait for price to clear liquidity and give us confirmation. Once this happens We should enter with no fear and...
Hello traders, as we take a look at GBPUSD on the 4 hour timeframe, I am currently staying bullish, price is approaching our 4 hour demand zone, where we should look for confirmation, and potential entries to continue riding price higher for new highs. Expecting price to target 1.30000 key level sometime in the future. Good luck traders! be sure to use proper...
Hello traders, as we take a look at XAUUSD price has broke for all time highs, therfore we should remain bullish overall. Here in my forecast I am waiting for an opportunity to get involved, If we clear some liquidity below it may set up the potential for a nice long with XAUUSD. We should remain patient and take what the market gives us and not force anything here.
Hello traders, it is great to be back! this weekend I am taking a look at nasdaq where I see the possibility to get involved in potential sells, we have a nice supply zone that price may potential play off of. I will be looking to target down toward 1800 where we have some liquidity. Good luck traders! be sure to use proper risk management!
Hello traders, as we take a look at USDJPY, we are in a strong bullish trend and we have a nice set up to get back in on this uptrend. Be sure to stay patient and use proper risk management.
Going into the new week we saw a bullish DXY. At the moment DXY is inside a 4hr FVG. I will be watching this area to see where price wants to go. It is respecting the FVG now but during NY we could see a run on highs and sweep them to hunt sell side. Another possibility is a run into a discount to take DXY even higher. 103.000 is key. Hope the rest of the week is...
During pre london, GU tapped into our 4hr FVG and flew toward previous day high to make a new high. Since we have seen a reaction off the 4hr POI. We could see GU go bullish once it gets into a discount. Depending on how DXY plays out we could see price take out the daily low as well then go bullish.
Gold has been hunting sell side all week this week. As called out in previous analysis, 2062 was delivered to the T. Anticipate price to continue toward 1997. We expect a pullback on Friday reversal day. Happy Wednesday traders!! Have a great trading week everyone if you aren't already.
As you can see price has not broken out of this range on DXY. We have taken out equal highs, which means I am favoring lower prices if we can see a strong close below sell side. Otherwise if price does not break below I anticipate it staying in this range until next week. Trade safe traders!!
During pre-London, we saw price take out previous weekly highs. As NY price action played on we saw price retest those and go bearish during news release. Retested a demand zone and took out highs again during Asia. I anticipate GBPUSD to continue higher toward previous monthly highs.
When CPI released we saw a run on highs. Price came back to an order block on the 1hr (2045). After we saw that run, 2017 was the target for liquidity. As expected we'd see a run on lows now I am bullish toward 2062. Need to see price breakout and create a new high, we'll see how London plays out.
Hello traders, as analysis for DXY still holds true. I would like to see higher prices on euro going into CPI. Be careful with large wicks. Ideally, I would like to see price trade back into our refined entry to take it higher. Still bearish below 1.10530. We could see a reaction at the breaker once more. I am overall bearish but I'm hoping CPI can give us that...
Going into CPI tomorrow I am favoring buys to sells on NU. DXY is respecting resistance and we can see a push higher with xxx/USD pairs. Let's see how we react during London. Ultimately trading into 4hr FVG and taking out buyside would be ideal. This pair is a little slower in movement but price action is clean. Good luck tomorrow traders and trade safely! - CipherFX Team
Our previous analysis is going well. Price action has not been the most volatile but direction is playing out. Price is hovering around our demand zone, I anticipate Gold to respect these lows at demand and push higher. If not we could see gold sweep the lows and then go bullish. With the help of news, Gold can push price up to 2056 and then back to the downside...