lester

EURUSD uptrend market zone in over bout zone long position in sell Po

We see price bullish on the higher timeframe. Price is now creating swing highs & swing lows. Although, the risk to reward is not my ideal target. It is giving me all the confirmations to take a long position here. Price action has given us the green light to buy now.

- Short trend when Lower Low (LL) and EMA21 < EMA50. - Reject rule when the Swing High is between EMA21 - EMA50. - Lower Low (LL) again for expecting to retest. - Wait to a sell when market corrects to the range of EMA21 - EMA50.

Ahead of the US CPI release, AUD/USD remains cautious with a downside bias intact. The Fed's next move for a rate hike plan is uncertain, and market forecasters are no longer expecting a significant rate hike. During the early Asian session, AUD/USD is trading flat after reaching 0.6700 in the previ

As we can see, the Eurodollar was unable to breach the resistance represented at the price level of 1.1000. It is expected to rebound down to the long term support at 0.9860

Markets are not moving much. They slowed down after some dollar weakness over the last two trading days. We see US stocks coming down from resistance ahead of Powell today, so it appears that investors are waiting on more details before they may position themselves for a breakout. Will Powell be haw

This is my analysis of USDCHF for this day. I engaged my selling positions on my accounts and my clients did too. I expect a rejection on this point because of the triple top and a need for rejection and looking for the next demand zone

We're seeing a nice bullish run on EU, which has left a nice demand zone for us to go long from. The marked area cleared the lows before it broke the structure, has some unmitigated areas left within that zone. Would be nice if during Asia session price will drop into this zone so we can benefit fro

The price action is testing the upper range of the declining channel pattern (which is also the 50% Fibonacci retracement level). A bullish trend is applicable above 1.1125. Crossing below this level will negate the bullish stance. Remains a risky trade. Profit target around 1.1765.

The US dollar starts to rise again. Optimistic about positive news tomorrow and rate hike. The pair fails to break the resistance level 1.1466, forming a double top pattern. Weakness is a good entry signal to follow the trend.

On GBP/USD is nice to see strong buying reaction from the price 1.1807 , there is nice to see strong volume area....Where is lot of contract accumulated...I thing that buyers from this area will be defend this long position and when the price come back to this area, strong buyers will

Analysis of #GBPJPY Another requested pair from members and followers is to do an analysis on GBPJPY . As you can see from my chart, the theGBPJPY still trading between its trendline support and trendline resistance, we can look for the market to drop to sites trendline support, and look for bullish

Indecision in the market is changing Towards a clear bullish sentiment And the price action on the lower timeframes Is clearly supporting this narratve Therefore, I think it is a good idea to go long!