Forex Analysis & Ideas

GBPCHF DAILY CHART

GBPCHF TRADE IDEA

GBPCHF On the one-month timeframe, GBPCHF displays a strong bearish trend, creating new lows. The long-term outlook on the monthly timeframe is largely bearish, though the pair was in a bullish mitigation or correction. Dropping down to the weekly timeframe, we see a break in structure that created the new low at 1.0 price handle. […]

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GBPNZD

GBPNZD FORECAST

GBPNZD On the 3-month timeframe, GBPNZD has mitigated the long-term demand zone (in blue). The long-term outlook on the monthly timeframe is largely bearish, though the pair was in a bullish mitigation or correction. After the bullish correction, the pair turned bearish, targeting the unmitigated demand at 1.80. Following the geopolitical risks in the United

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USDJPY

USDJPY FORECAST

USDJPY FORECAST On the monthly timeframe, which represents our long-term forecast, we see a mitigation of a previous supply at 150 price handles. This was achieved by the end of 2022. Thereafter in 2023, early in the year, profit-taking pushed the dollar to a previous unmitigated demand at 128 price handle. This confirmed a bearish

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USDCAD

USDCAD IDEA

USDCAD IDEA The monthly timeframe indicative of the long-term trend shows a resilient and bullish US Dollar versus the Canadian Dollar. The target is the 1.54 price handle. This price handle is the supply that triggered the bearish momentum that created the low at 1-0.99 price handles. This bullish correction is caught in a consolidation

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usd30 analysis

US 30 TRADE IDEA

US 30 TRADE IDEA The US30, also known as the Dow Jones Industrial Average, is a stock market index that measures the stock performance of 30 large, blue-chip companies trading on the New York Stock Exchange and NASDAQ. Inversely related to the US Dollar, they move in the opposite direction. A rise in the US

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US DOLLAR VS SOUTH AFRICAN RAND, USDZAR SHORT IDEA

USDZAR SHORT IDEA Exotic currency pairs do possess a certain allure to experienced traders in terms of returns. The South African Rand (ZAR) has been battered lately due to macroeconomic data and political upheavals experienced lately. These geopolitical and economic risks are correctly priced into the market Using the smart money concepts, we are witnessing

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