#EURUSD Analysis And Long Term Projection. We are still bullish on EURUSD, and we expect bullish continuation. Right now, market is forming a descending triangle structure on the 4hr charts.If we get some momentum push, we can expect further upside and trade on such market condition.
▪️We recommend to watch EURUSD and look for buy entries only, and be patient with your entries once you pull the trigger
#GBPJPY Analysis: Classical break and re-test of trendline forming on the 4hr time frame.
▪️JPY pairs generally have been trending up extensively, and we are now seeing hints of correction forming. Although this analysis is not a signal for sell entry, we do hope and anticipate that JPY pairs will show some decent retracements in the coming days.
#EURAUD Detailed Analysis And Projection.
▪️Market is trading in an overall uptrend, and price has created a higher high and turning to some consolidation in a minor channel within the trend.
▪️We expect price to break upwards to our major reversal zone, and the possibility of sharp reversal from that zone
▪️In the mean time, we are looking for buy entry within the minor channel consolidation, and aiming for a price above the recent high. Look for buy entries
▪️I hope this analysis helps. Lets make some profit on the coming bullish leg
#AUDCAD Analysis And Intraday Projection: We will keep buying this pair for this week.
▪️Market is breaking out from this channel range and we can safely start stacking buy positions. We expect strong move to the upside for the rest of this week's trading sessions
#AUDUSD Detailed Analysis: Complete Breakdown of Analysis And Future Trend
▪️Finally, monthly candle has closed, and it has printed an inverted hammer candle, We now have two consecutive inverted hammer candles on the monthly charts. This is suggests that price is having serious issues proceeding to the downside.
▪️Also on the monthly chart, you will observe that market formed a strong reversal swing from the strong multi-year support level, price has been in retracement mode to the reversal swing for several month now
▪️On the weekly chart, this retracement mode is seen clearly in the form of a bullish flag pattern. With two inverted hammers forming in a row on the monthly chart, We now anticipate that some bullish trend will commence in the coming days, and possibly test the upper border of the weekly flag pattern..
▪️Our recommendation: Whatever trading strategies that you are using, look for BUY entries on the AUDUSD pairs.
#GBPCAD Analysis And Projection: Head And Shoulder structure forming in the direction of the dominant trend indicates that this market will rise in price.
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