Fxsignals
NZDCAD: Bullish Trend Continues 🇳🇿🇨🇦
Last week, NZDCAD corrected to a key daily horizontal structure support.
This morning, we see clear sign of strength of the buyers -
a bullish breakout of a narrow horizontal range on an hourly time frame.
It looks like the pair returns to a global bullish trend and a correction is over.
Goals: 0.8435 / 0.845
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GBPNZD: Short Trade From Resistance 🇬🇧🇳🇿
GBPNZD may drop from a key daily resistance.
The pair is trading in a long-term bearish trend
and an intraday price action on an hourly time frame leave clear bearish clues.
I anticipate a retracement at least to 1.077
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GBPUSD Can Go Lower Next Week 🇬🇧🇺🇸
GBPUSD turned very bearish after a release of US fundamentals on Friday.
The price formed a double top formation on a daily and violated its neckline.
I think that the fall may continue next week.
Next support - 1.27
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AUDCHF: Bearish Outlook Explained 🇦🇺🇨🇭
On the today's live stream, we discussed AUDCHF.
The pair broke a solid horizontal daily demand zone yesterday.
It turned into a supply area.
Taking into consideration that the market is under a strong bearish
pressure for 3 weeks, we may see a downward movement again.
Next support - 0.5875
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USD/CAD looks set to break higherPrice action may be choppy on the daily timeframe, but it remains in an uptrend none the less. Price action since the April high appears to be corrective, and support was found around a prior VAH (value area high) and 1.36 handle.
The 1-hour chart shows strong bullish momentum from 1.36, and prices are now consolidating within a potential bull flag. The pattern projects an upside target around 1.3745, and the lows of the consolidation are holding above the weekly/monthly pivot and 10-day EMA.
The bias is for prices to rise to at least 1.37 near the weekly R1 pivot and 1-day implied volatility band.
GOLD, Price vulnerable under the 2365-2358 ResistanceThe Gold fundamentals are negative and as long as price is trading under the 2365-2358 resistance zone. There is still a high probability of a high selling pressure happening. The GOLD fundamentals are still negative with the FED likely to CUT INTEREST rate and the pending inflation data.
Resistance : 2358 - 2365
Support 1 : 2335
Support 2 : 2305
USDJPY: Important Bullish Confirmation 🇺🇸🇯🇵
Update for USDJPY.
The pair perfectly violated a resistance line of a horizontal range on a 4H time frame,
after a retest of a key daily support.
I think that the pair will keep growing today.
Next goal - 157.5
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USDJPY, growth from support. Bulls active.Hi friend. Lets look at USDJPY chart window. We have uppend channel with bulls accumulation area between support - 156.94 and transit level - 157.078. Also there is big volume of purchases from 156.51 (41 k). All of this in sum - strong bullish signal. Bulls target 157.46 (daily X-Lines level).
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AUDUSD: Pullback From Support 🇦🇺🇺🇸
AUDUSD looks bullish to me after a test of a key intraday structure support.
I see 2 strong bullish confirmations:
- double bottom formation and a breakout of its neckline
- falling channel and a breakout of its resistance.
I expect a bullish movement now at least to 0.669
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GBPYJPY Sell/ShortGBPJPY looks like a sell on the daily and has moved strongly upwards from the last signal I called. This seems to be the top and for this updated signal I know for fact it can most likely drop from here. Resistance does not seem like it will break due to previous failures and as well we can be heading down potentially for months back to 194s area respectively. Please check below for TP, SL, and entry points!
ENTRY: 197.696
TP 1 (Day Trade): 196.950
TP 2 (Swing Trade): 194.120
SL: 25 pips from entry
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GBJPY Sell/ShortClear signs is showing that GBPJPY has been breaking its main resistance from 196.881 and we can see that a reversal is on its way. I have placed TP, SL, and Entry on screen. Please follow for more updates and signals with breakdowns! Please message me directly if you have any inquires about these trades.
EURAUD Sell/ShortEURAUD seems to have been forming on the daily a perfect second leg for W formation to reverse and go bearish from here. A perfect bearish doji is being formed and we can clearly see that the next stop is bottom support. Please use proper risk management upon entering the trade!
EURAUD Sell/Short
ENTRY: 1.66453
TAKE PROFITS:
TP 1: 1.66186
TP 2: 1.61633
SL: 1.66978
EURUSD : Long Attempt AgainEURUSD, which wanted to go up, was blocked by sales.
Some more relaxation could be expected, but trade may be forgotten and there may be no opportunity.
There is no need to risk.
These parameters are not bad:
Very small capital is ideal for starting out.
Because we are trying to get back on track cumulatively.
Best Regards :
Position Size : %24 (for 100 units of capital)
Leverage : 28
Stop - Loss : 1.063
Take Profit Level : 1.8936
EURCHF: Very Bullish Pattern 🇪🇺🇨🇭
EURCHF formed a cup & handle pattern after a test of a key horizontal support.
I am looking for a bullish breakout of its neckline to buy the pair.
A daily candle close above 0.978 will confirm the violation.
A bullish continuation will be expected to 0.982 resistance then.
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EURUSD: Your Trading Plan For Next Week 🇪🇺🇺🇸
EURUSD is currently stuck between 2 important daily structures.
Depending on the market movement next week, I see 2 potential scenarios.
Bullish
If the market breaks and closes above a resistance line of a huge
falling wedge pattern on a daily,
a bullish continuation will be anticipated at least to 1.083 level then.
Bearish
If the price violates 1.0724 support, it will be a strong bearish confirmation,
that will push the prices lower, at least to 1.062
Wait for a breakout next week,
it will give you a strong confirmation.
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NZDCAD: Intraday Bearish Confirmation?! 🇳🇿🇨🇦
NZDCAD may retrace from a key daily horizontal resistance:
The price formed a rising wedge pattern on an hourly time frame
and violated its support line after the text of the underlined structure.
I expect a pullback to 0.8212
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