AUD/USD is currently trading near the 0.7245 resistance level. I expect the development of an upward trend. I would buy AUD/USD after the breakout and retest of the 0.7245 resistance level. Potential movement - to 0.7290.

Short'n'longs

Buy? why? And I plan to sell after the breakout and retest of 1.0450.

EURUSD

I can identify the key support level (1.3405) on USD/CAD. The Canadian dollar tested this level for several times. I expects the growth of USD/CAD quotes. I’d buy after the breakout and retest of the 1.3440 local resistance level. Potential movement ...

Short'n'longs

An interesting technical picture has formed on EUR/USD. The Euro held the local resistance level (1.0485). We can speak of the power sellers at the moment. I plan to sell EUR/USD after the breakout and retest of the 1.0450 mark. Potential movement - ...

Short'n'longs

Hello, Haffizz! Thank you for your questions. Yes, my forecasts work primarily, but sometimes I can be wrong (as every trader can be ). Anyway, I try to provide a high-quality technical analysis for other people to use my info. Regarding your ...

Short'n'longs

The GBP/USD currency pair has reached the local support level (1.2270) at the moment. I’ll look for longs on the Pound today. I’ll buy after the breakout and retest of the 1.2290 mark. Potential movement - to 1.2325.

Short'n'longs

The US dollar weakened significantly against other major currencies during the Asian session. In my opinion, there is an interesting technical picture on AUD/USD. Currency overcame the local support level (0.7225). I’m going to sell AUD/USD after ...

Short'n'longs

An interesting technical picture formed on USDJPY. Yen broke and was fixed below the 116.50 resistance level. The US dollar is under pressure due to weak statistics on the real estate market and a decrease in government bond yields. I’ll sell after ...

Short'n'longs

Aggressive selling was observed on EUR/USD yesterday. At the moment, the currency has reached 61.8-78.6% of the correctional area. The BEOVB pattern, which often acts as a reversal formation, has formed on the H1 chart. I will sell EUR/USD after the ...

Short'n'longs

I look for shorts on GBP/USD today. The currency overcame the 1.2230 local support level. I will sell after the retest of this level. Potential movement - to 1.2175. I plan to accompany this position with a trailing stop.

Short'n'longs

Aggressive buying was observed on USD/CAD yesterday. The currency broke the 1.3550 resistance level and fixed above it. I plan to look for the entry points in the current trend’s direction. I’ll buy USD/CAD after the breakout and retest of the ...

Short'n'longs

The technical picture on NZD/USD is ambiguous for me at the moment. I identified the following key levels: support - 0.6880 resistance - 0.6910 1. If the price fixes above 0.6910, I’ll open long positions. Potential movement - to 0.6940. 2. If it ...

Short'n'longs

The yen is under pressure due to weak inflation data. I’m thinking of buying USD/JPY today. I plan to open long positions after the breakout and retest the 117.35 level. Potential movement - to 117.75.

Short'n'longs

I think that everything will depend on further Trump’s actions in the New Year. I think we'll see USD/CAD at the 1.3800 level. It seems to me that if USD/CAD won’t fix above the 1.3600 level, the nearest correction will be at 1.3300

Short'n'longs

Trading activity and volatility on the financial markets is expected to decrease today. This happens due to the Christmas holidays. I won’t open transactions today. I plan to watch the market and come back to trading tomorrow. I identified the ...

Short'n'longs

Aggressive buying was observed on USD/CAD yesterday. My favorite Price Action pattern, “Internal bar”, has formed on the H1 chart currently.. I plan to buy USD/CAD after the breakthrough and retest the 1.3500 mark. Potential movement - to 1.3550.

Short'n'longs

The pound has overcome the 1.2270 strong support. I’ll sell GBP/USD after the breakthrough and retest the 1.2270 mark. Potential movement - to 1.2225. The demand for the US dollar is supported by the optimistic data on GDP.

Short'n'longs

The technical picture on EUR/USD is mixed for me at the moment. I identified the following local levels: support - 1.0420 resistance - 1.0450 If the price consolidates below this support, I’ll sell to the 1.0370 mark. I’ll buy to 1.0490 in case of ...

Short'n'longs

Sales of AUD/USD still continue. I plan to look for entry points in the current trend’s direction. I’ll sell after the breakthrough and retest the local support level (0.7225). Potential movement - to 0.7180.

Short'n'longs

The correction is also expected in USD/JPY. I plan to open short positions after the breakthrough and fixing of prices below 117.45. Potential movement - to 116.95. Will there be the correction to 115.00 in USD/JPY, what do you think?

Short'n'longs