eurusd 11 03 2021eurusd 11 03 2021
#EURUSD
At the beginning of the week, the price made a false breakout. After it, the price fixed in the support zone at 1.188. I expect growth from this zone towards resistance.
The target is 1.196.
Fxsignals
GBPJPY - DAY TRADE VIEWGBPJPY - As per the price action & daily chart patterns it is expected to go down from here.
My approach will be a sell here at current price 150.800
Maintain Stop loss around 151.400
Potential downside target 150.100 - 149.700
Trade as per your risk appetite, I will be glad to see your likes & comment.
Why you should follow this tradingview account ?
Managed by top most renowned trader - Pulak Priyesh
10 + years of trading experience
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Excellence award winning mentor
Professional chart, clear chart without junks.
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USDJPY 09 03 2021USDJPY 09 03 2021
Throughout February, the price showed a strong uptrend. At the same time, in the last weeks of the month, it grew, practically without making a single correction. During this rise, the price managed to make an important breakdown of the strong support line at 106.62. This line was formed in 2015.
After the breakout, the price fixed on the line and then broke through the support level 108.37. Now I expect the price to touch the resistance line and then reverse and return to the 109.55 level. Thus, my ultimate target is the 108.37 support level
GBPUSD - DAY TRADE VIEWGBPUSD - Momentum is in favour of buyers & as per the trend analysis, indicators it's a good buy.
My approach will be a buy here at current price 1.38450
Maintain stop loss around 1.37950
Potential upside 1.39500 - 1.40300
Trade as per your risk appetite, I will be glad to see your likes & comment.
Why you should follow this tradingview account ?
Managed by top most renowned trader - Pulak Priyesh
10 + years of trading experience
Professional Day trader
Excellence award winning mentor
Professional chart, clear chart without junks.
Major S/R levels with inner insights
Frequent Day & Swing trade levels
All major and minor FX/INDICES covered. Thanks
EURUSD - DAY TRADE VIEWEURUSD - As per the hourly chart and trend line breakout it should go up from the resistance zone .
My approach will be a buy here at current price 1.18600
Maintain stop loss around 1.18000
Potential upside target 1.19600
Follow the levels as mentioned in the chart.
Hit the like button and write in the comment section to get more such signals.
Why you should follow this tradingview account ?
Managed by top most renowned trader - Pulak Priyesh
10 + years of trading experience
Professional Day trader
Excellence award winning mentor
Professional chart, clear chart without junks.
Major S/R levels with inner insights
Frequent Day & Swing trade levels
All major and minor FX/INDICES covered. Thanks
GOLD - DAY TRADE VIEWGOLD - As per the price action, trend lines , & technical indicators gold is expected to go up from the current price.
My approach will be a buy here at current price 1689
Potential upside target 1704 - 1720
Maintain stop loss around 1678
Trade as per your risk appetite, I will be glad to see your likes & comment.
Why you should follow this tradingview account ?
Managed by top most renowned trader - Pulak Priyesh
10 + years of trading experience
Professional Day trader
Excellence award winning mentor
Professional chart, clear chart without junks.
Major S/R levels with inner insights
Frequent Day & Swing trade levels
All major and minor FX/INDICES covered. Thanks
GOLD - DAY TRADE VIEWGOLD - As per the price action, trend lines , & technical indicators gold is expected to go up from the current price.
My approach will be a buy here at current price 1691
Potential upside target 1704 - 1720
Maintain stop loss around 1678
Trade as per your risk appetite, I will be glad to see your likes & comment.
Why you should follow this tradingview account ?
Managed by top most renowned trader - Pulak Priyesh
10 + years of trading experience
Professional Day trader
Excellence award winning mentor
Professional chart, clear chart without junks.
Major S/R levels with inner insights
Frequent Day & Swing trade levels
All major and minor FX/INDICES covered. Thanks
NZDUSD H4 - Long SetupNZDUSD H4
This pair has absolutely dumped given the blatant USD strength and NZD weakness, really clear S/R zone, but not confident whether it will hold or not, we have 0.71 whole number support confluence too.
Remember, we are not interested in trading this pair until we have a blatant reversal signal. All we can do is monitor and trail the zones and prepare ready for exhaustion, ready for reversals.
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 current price 1697
Potential downside target 1679-1664
Maintain stop loss around 1707
Trade as per your risk appetite, I will be glad to see your likes & comment.
Why you should follow this tradingview account ?
Managed by top most renowned trader - Pulak Priyesh
10 + years of trading experience
Professional Day trader
Excellence award winning mentor
Professional chart, clear chart without junks.
Major S/R levels with inner insights
Frequent Day & Swing trade levels
All major and minor FX/INDICES covered. Thanks
EURUSD - DAY TRADE VIEWEURUSD - Weakness is there on the daily & hourly candles and major news around it should fall down more
My approach should be a SELL
Currently trading at 1.20540
Maintain Stop loss around 1.21075
Potential downside level 1.19850
Follow the levels properly as mentioned and use proper risk management.
Traders, if you liked this idea hit the like button & write in the comment section.
Why you should follow this tradingview account ?
Managed by top most renowned trader - Pulak Priyesh
10 + years of trading experience
Professional Day trader
Excellence award winning mentor
Professional chart, clear chart without junks.
Major S/R levels with inner insights
Frequent Day & Swing trade levels
All major and minor FX/INDICES covered
AUDUSD - DAY TRADE VIEWAUDUSD - It's trading on a right positive momentum, am expecting a little up side from here.
My approach will be a buy at current price 0.78050
Maintain Stop loss around 0.77500
Potential upside 0.78750 - 0.72350
Follow the levels as mentioned.
Traders, if you liked this idea hit the like button & write in the comment section.
Why you should follow this tradingview account ?
Managed by top most renowned trader - Pulak Priyesh
10 + years of trading experience
Professional Day trader
Excellence award winning mentor
Professional chart, clear chart without junks.
Major S/R levels with inner insights
Frequent Day & Swing trade levels
All major and minor FX/INDICES covered
Thanks !!
GOLD - DAY TRADE VIEWGOLD - As per the price action, trend lines , & technical indicators gold is expected to go up from the current price.
My approach will be a buy here at current price 1716
Potential upside target 1729 - 1744
Maintain stop loss around 1706
Trade as per your risk appetite, I will be glad to see your likes & comment.
Why you should follow this tradingview account ?
Managed by top most renowned trader - Pulak Priyesh
10 + years of trading experience
Professional Day trader
Excellence award winning mentor
Professional chart, clear chart without junks.
Major S/R levels with inner insights
Frequent Day & Swing trade levels
All major and minor FX/INDICES covered. Thanks
XAUUSD Forecast 02 03 2021XAUUSD Forecast 02 03 2021
The GOLD price dropped a little more and is now in a strong support zone at position 1716.93. This zone is formed by two lines. The first one appeared in August 2020, the second stronger one - in July 2016
Now the main question for all investors is when exactly gold will stop and begin to grow.
I think this support zone is the perfect starting point for growth. I expect the price to bounce off it and rise towards the resistance zone. So my final target is the 1800.37 resistance zone.
EURUSD Forecast 02 03 2021EURUSD Forecast 02 03 2021
At the moment, the price of the pair is standing still and I am extending my previous forecast. Let me remind you that after the price fell from a strong resistance zone, it stopped at the support level of 1.202. From this position yesterday, I expected a fall to the support of 1.196 and after that a new growth began. I am extending my forecast and also expect the price to rise from the lower border of the channel to the upper one. Thus, my final target is the resistance line at 1.262
USDCHF Forecast 02 03 2021USDCHF Forecast 02 03 2021
During the growth in an uptrend, which originates in December 2020, the price broke through the support zone of 0.904 and then came to the resistance zone. This zone consists of the resistance line of December 2020 and the strong level of 0.918. The price is on the line right now, but I expect it to rise a little more and be able to break it. After that, it touches the level and already from it will unfold in the fall. The price breaks the line again this time during the fall and then drops to the support zone. Thus, my final target is the 0.904 support zone.
NZDUSD Forecast 02 03 2021NZDUSD Forecast 02 03 2021
After the breakout, the price dropped to support 0.721.
This is the June 2020 line.
We expect new growth towards resistance.
The target is 0.734
XAUUSD 01 03 2021 GOLDXAUUSD 01 03 2021 GOLD
Gold bounced off the 1726.22 support line and returned to the 1750.38 support line.
This is growth after the big collapse that happened last week. The price bounced off a strong support line formed in June /july 2016.
From this line, We expect the price to rise to the resistance zone. The price will first fix on the line in the area of 1745.77, after which it will break through the level of 1800.41 and rise to the resistance line of 1812.75. From this point it will be possible to start a sell deal. Because from there the price will reverse and fall again into the support zone 1732.45 TARGET
EURJPY 01 03 2021EURJPY 01 03 2021
From April 2020, the price eventually came to the resistance line 130.23, which appeared on the chart in October 2019. Having touched this line, the price reversed and is now in the process of falling. I expect it to go down to the 127.86 support zone first.
This zone is formed by two lines - May 2020 and August 2019. Therefore, I expect that, having touched it, the price will rebound in growth. Thus, my final target is the resistance line 130.69.
Lets see how it goes
GOLD - DAY TRADE VIEWGOLD - As per the price action, trend lines , & technical indicators gold is expected to go up from the current price.
My approach will be a buy here at current price 1749
Potential upside target 1758 - 1772
Maintain stop loss around 1734
Trade as per your risk appetite, I will be glad to see your likes & comment.
Why you should follow this tradingview account ?
Managed by top most renowned trader - Pulak Priyesh
10 + years of trading experience
Professional Day trader
Excellence award winning mentor
Professional chart, clear chart without junks.
Major S/R levels with inner insights
Frequent Day & Swing trade levels
All major and minor FX/INDICES covered. Thanks
USDCHF DOWNTREND IN PROCESSUSDCHF Forecast Using trend lines , a clear bullish trend has been identified with strong support and resistance levels also being identified.
After a bullish week in USDCHF, prices have reached the resistance level .
The last candle was bearish indicating possible bearish momentum coming into the markets.
This could indicate a pullback to the support level .
GBPUSD DOWNHILL TRENDGBPUSD IN FEB, the price was able to break through the strong resistance line that was formed in April 2020. The price broke through it at point 1.292, after which it rallied, touched the local resistance and returned behind the line. This happened at the beginning of today's trading session. Thus, the price returned to the uptrend. And now she keeps falling. So I expect the price to move down to the lower trend line, the 1.382 support line during this fall.
