FOREX WATCHLIST, WEEK 36, 2023 EURCAD On the 4 hour chart, we are monitoring possible sell opportunities. After the impulsive move represented by the green arrow, the pair is in a bullish correction that seems to be losing momentum. Presently we have a break of structure. I am awaiting a correction targeting a trend line […]
US 100 Index Investors reaction to disappointing data from China’s economy is reflected in the bearish momentum we are presently witnessing. We have a break of a previous flip zone which informs our bearish outlook of this index. We have two possible entry points; 15234 and 15466. I favour the former entry targeting to exit
TRADE RECAP 2, JULY, 2023 This is a trade recap for XAUUSD, GBPJPY, EURCHF and GBPCHF. The recap is in video format. Kindly subscribe and like our videos.
FOREX WATCHLIST, WEEK 31, 2023 Earlier in the month I posted analysis of major currencies indicating several scenarios. We are in the tail end of corrective moves, we are anticipating continuation of the main trend. XAUUSD After strong data from the US on unemployment, the dollar rallied causing XAUUSD to slide. Presently, we have
TRADE RECAP-JULY 2023 We have shared our trade recap of AUDUSD, USDJPY, and CADJPY. Kindly watch it on Youtube and TikTok.
FOREX WATCHLIST WEEK 28, 2023 XAUUSD Towards the close of Q2 2023, Gold had completed its rally against the Dollar. Q3 ushered a shift in order flow where we saw Gold form new lows at 190 price handle. Presently we are witnessing a completion of a bullish correction. In the coming days or weeks we
MARKET OUTLOOK 2 Q3 2023 CROSS JPY PAIRS As we cross into the second half of 2023, we have updated the market outlook with cross JPY pairs bullish in the short term and bearish in the long term. Later on, we will update our outlook as more setups present themselves. GBPJPY LONG On the monthly
MARKET OUTLOOK Q3 2023 As we cross into the second half of 2023, we have updated the market outlook with the dollar bullish across major pairs. Presently we have bearish setups we are monitoring. Later on, we will update our outlook as more setups present themselves. BTCUSD SHORT On the 4-hour chart, we anticipate a
GBPNZD FORECAST UPDATE In the one-month timeframe, GBPNZD has mitigated the long-term supply zone (in red). The long-term outlook on the monthly timeframe is largely bearish, though the pair was in bullish mitigation or correction. Presently on the monthly time frame, we have strongly protected highs with weak lows confirming our bearish market structure. After the bullish
NZDCHF FORECAST Across major pairs, the Swiss Franc (CHF) has been bullish creating new lows on monthly timeframes for all cross-CHF pairs. Presently, on the monthly timeframe, we have a bearish market structure. On the daily timeframe, we are looking at a possible shift in order flow from bearish to bullish; a corrective bullish move.
