Category: Trade Ideas

USDCAD 4hour Chart July 2nd 2020

Bulls are strongly defending the support area which should result in a fast upside move for the USD/CAD.  Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered as financial advice. This analysis was done on MetaTrader 4. Click below to open a Free Demo Account with […]

GPBAUD hourly chart July 1st 2020

Along with many AUD pairs, the GBP/AUD might also move in the direction of the strong Australian Dollar, and perhaps this will be the final wave to the downside.  Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered as financial advice. This analysis was done on […]

NZDJPY 4hour chart June 30th 2020

NZD/JPY still trending up, although there is a very high risk of a trend reversal and therefore we are only expecting one strong wave to the upside.  Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered as financial advice. This analysis was done on MetaTrader 4. […]

AUDUSD 4hour chart June 29th 2020

Across the board, the Australian Dollar still seems to be ready to outperform most if not all other major fiat currencies. While AUD might be very strong as expected, it will likely outperform AUD as well, sending AUD/USD price up, at least in the medium term.  Disclaimer: The analysis presented in this article is […]

AUDNZD 4 hour chart trade idea June 26th 2020

Along with many AUD pairs, AUD/NZD is expected to rise. The wave up might start either today or early next week.  Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered as financial advice. This analysis was done on MetaTrader 4. Click below to open a Free […]

EURGBP Hourly Chart June 24 2020

The EUR/GBP downside correction might be starting very soon, but only if the price remains below the recent high at 0.9078. The closer price gets to that key resistance, the better the Risk/Reward ratio can be obtained.  Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered […]

CADCHF Daily Chart on June 22 2020

Previously we had few CHF related ideas, on AUD/CHF and NZD/CHF. All of them are pointing out in the direction of the weak Swiss Frank, and CAD/CHF is not an exception.  Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered as financial advice. This analysis was […]

EURNZD Daily Chart on June 22nd 2020

The EUR/NZD long term downtrend should be expected to continue, along with many correlated pairs, such as CHF/AUD, CHF/NZD, and EUR/AUD. This Monday these pairs could have touched key resistance levels and as long as they hold price should move lower. On the EUR/NZD, this price was 1.7507, and as long as pair trading below, […]

EURAUD hourly chart June 18th 2020

The EUR/AUD pair seems to have entered a consolidation phase because the price is currently within the 1.6260 – 1.6330 range. Although considering the current price action, the probability is in favor of a downside move, which might occur within 48 hours.  Disclaimer: The analysis presented in this article is for educational purposes only […]

EURGBP 4hourChart June 17th 2020

Overall EUR weakness might start pulling EUR/GBP down, which should be a short to the medium-term price drop. Current rejection of the Fibonacci resistance as well as Moving Averages just confirms bearish domination.  Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered as financial advice. This […]

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