USDJPY
Overall bearish bias from HTF to LTF . We can see that there shift from demand to supply has occurred on LTF . I am using 15m for LTF narrative, 4h hour for mid TF and Daily for HTF.
AUDUSD - Bearish Butterfly
A Bearish Butterfly rested in the key resistance zone is usually a perfect setup for me, however, there is some imperfection in this setup. A break and close above the previous Bearish Trendline. This is true, but at least it didn't break and close above previous structure, the finger cross. The nex
GbpJpy- New drop to 160 zone?
After reaching 160 important zone last week, GbpJpy has started to rise and made a local high above 164 yesterday. However, bulls were incapable to hold gains and the market closed in the red. Overnight also the trend line was broken and yesterday's high can mark a lower high in a sequence that star
EURUSD | Bullish trend
EURUSD has made a bullish engulfing candlestick pattern after a series of bearish candles which indicates an upward momentum from here
USDCHF: heading higher?
A price action above 0.9555 supports a bullish trend direction. Crossing below this level will negate the bullish trend . RSI leaves enough room for further upside price potential. Trend strength suggests a strong trend gaining strength. Remains a risky trade.
USDCAD Bulls in control?
#OPINIONLEADER# After the failure for the bears to go down after the ascending triangle breakdown, will the supply zone hold? It can also be seen as a bear flag , considering the big downtrend it comes from. But the move down definitely failed. Waiting for a move higher and a retest.
EURUSD forms a high. We can now look to sell
Yesterday, EURUSD went up to 1,0936 and it rejected that level. That probably means the pullback has ended and it's time for a downside move. We're looking for targets below 1,0700. As soon as price breaks below the previous lows, that will confirm our idea. The best entry levels are on rejection of
EURJPY | Perspective for the new week
#OpinionLeader# Following the strong bullish momentum identified on the daily time frame, and considering the reversal structure noticed on the daily time frame it appears that we are on a verge of a retracement phase which could probably tend towards between 50 to 78.6% retracement of the impulse l
Hopes of peace in Ukraine keep euro afloat
By Tom Westbrook SINGAPORE (Reuters) – The dollar was kept on the back foot on Wednesday as hopes for a breakthrough in Russia-Ukraine peace talks lifted the euro, while the under-pressure yen steadied even as the Bank of Japan redoubled efforts to pin down bond yields. By Tom Westbrook SINGAPORE (R
USD/CHF Outlook
#USD/CHF#
USD/CHF found a strong bottom in 0.9 zone and after the first rally from this point, the pair is rolling back towards the buy zone. I will look to buy dips for this pair with a target around 0.93 and a R:R of more than 1:2
Pound Declines Before UK Construction PMI Data
At 4.30 am ET Tuesday, IHS Markit is set to issue UK construction PMI data for September. The index is seen at 54.0 versus 54.6 in August.
The pound fell against its major rivals before the data.
The pound was worth 1.2962 against the greenback, 136.85 against the yen, 1.1860 against the franc and
Rally May Stall On Monday For South Korea Shares
Ahead of the long break for the Chuseok Festival, the South Korea stock market had finished higher in three straight sessions, advancing more than 55 points or 3.5 percent along the way. The KOSPI now rests just beneath the 2,330-point plateau although it may open lower on Monday as it catches up on
