TriciaWilson

Signal EURUSD Closed at @1.22044 with 41 Pips profit.

Date: 16.12.2020

Pair: EURUSD
Action: BUY

Open Price: 1.21633
Target Price: 1.22200
Stop Loss: 1.21100

New Buy Order Placed @1.21633

USD/CHF Technical Analysis

~~ The counter has been sliding down in a descending channel formation.
~~ It is now consolidating in a bear flag pattern and closing in on the upper parallel.
~~ We expect the pair to find resistance around here and then continue its downside.

GBP/NZD Technical Analysis

~~ The counter has broken down a head and shoulder pattern.
~~ The pattern is right inclined which portrays extreme negativity in the counter.
~~ Hence, we expect the pair to be bearish in the short-term.

Date: 11.12.2020

Pair: NZDUSD
Action: SELL

Open Price: 0.70962
Target Price: 0.70700
Stop Loss: 0.71200

New Sell Order Placed @0.70962

EUR/USD Technical Analysis

~~ The counter is currently forming a bullish flag pattern.
~~ It is now sliding down to the support zone placed around 1.2000.
~~ The support zone presents a good buying opportunity, however, if you are a risk-averse trader, we advise you to go long after it crosses the resistance at 1.21322.

 

Date: 10.12.2020

Pair: USDCHF
Action: BUY

Open Price: 0.88882
Target Price: 0.89200
Stop Loss: 0.88600

New Buy Order Placed @0.88882

EUR/JPY Wave Analysis

~~ The counter is currently in a short-term bull cycle.
~~ It is now in a consolidation phase which could be termed as wave 4.
~~ We expect the pair to surge to the high to complete wave 5.

Date: 08.12.2020

Pair: EURGBP
Action: BUY

Open Price: 0.90987
Target Price: 0.91500
Stop Loss: 0.90400

New Buy Order Placed @0.90987

Signal USDJPY Closed at @104.246 with 29 Pips profit.

GBP/CAD Technical Analysis

~~ As we suggested earlier in our premium analysis, the counter has formed a bearish flag formation.
~~ It has now broken down with a strong volume candle.
~~ Hence, we expect the pair to move down to lower support levels.

GBP/JPY Technical Analysis
~~ The counter has been in an ascending triangle formation.
~~ Now, the range is narrowing and the pair is in a make or break situation.
~~ We expect the pair to render a bullish breakout, however, we advise traders to go long only above 140.341.
 

Date: 04.12.2020

Pair: USDJPY
Action: BUY

Open Price: 103.952
Target Price: 104.550
Stop Loss: 103.550

New Buy Order Placed @103.952

Signal USDCAD Closed at @1.28800 with 46 Pips profit.

EUR/AUD Technical Analysis
~~ The counter is currently in a bearish flag formation.
~~ It has formed a good base at the lower parallel and is ripe for a rally.
~~ Hence, we expect the pair to be bullish and move to the upper parallel from here.

Date: 03.12.2020

Pair: USDCAD
Action: SELL

Open Price: 1.29261
Target Price: 1.28800
Stop Loss: 1.29560

New Sell Order Placed @1.29261

Signal EURUSD Closed at @1.21100 with 53 Pips profit.

NZD/USD Technical Analysis
~~ The counter has been in a strong uptrend in the long-term charts.
~~ In the short-term charts, it is moving up in an ascending channel.
~~ Further, it is currently at the lower parallel and hence it's a good time to go long.

Date: 02.12.2020

Pair: EURUSD
Action: BUY

Open Price: 1.20565
Target Price: 1.21100
Stop Loss: 1.20000

New Buy Order Placed @1.20565

USD/CAD Technical Analysis

~~ The counter is currently hovering around long-term support of 1.3000.
~~ Though the price action has been able to marginally breakdown, it is not able to follow through.
~~ Further, the stochastic indicator has made a bullish crossover from the oversold zone in the 8-h chart.
~~ Hence, we expect the bulls to push the pair to higher levels from here.

Date: 01.12.2020

Pair: AUDUSD
Action: SELL

Open Price: 0.73443
Target Price: 0.73000
Stop Loss: 0.73800

New Sell Order Placed @0.73443

Signal USDCHF Closed at @0.90586 with 26 Pips profit.

AUD/NZD Technical Analysis

~~ The counter has been on a selling spree for the last 3 months.
~~ Now, it has broken down a critical support level of 1.05620 and retested it, validating the breakdown.
~~ Hence, we expect the pair to weaken further from here.

Date: 30.11.2020

Pair: USDCHF
Action: BUY

Open Price: 0.90317
Target Price: 0.90800
Stop Loss: 0.89800

New Buy Order Placed @0.90317