Forex League

2023-06-07 23:18:47 GBPCHF 4H

We have the clear bounce off this key level..
Since price bounced off this zone, it is likely that we're headed for a higher high in the newly formed trend. So far +80 pips..
We'll allow the market to work for us now. All we have to do now is wait. Открыть/Комментировать

2023-06-07 12:11:36 USDCAD 1D

UCAD is still staying under the radar.
Price rejected the resistance level and is headed back for the support zone..
Until price breaks out of any of these zones, its best to continue watching price action. Открыть/Комментировать

2023-06-07 12:03:02 XAUUSD 1D

Gold hasn't decided where it wants to go yet.
All the structural levels on the daily timeframe are in place, so we need price to start moving in one direction..
To look out for sells, price needs to break below the support level around 1945... Right now price is still ranging between key levels. Открыть/Комментировать

2023-06-06 21:57:33 EURAUD 8H

EA is making waves for a reversal..
The trend is clearly changing as we no longer see higher highs and higher lows. We've noticed bearish momentum come into this market since the start of this month.
We'll wait for pullbacks to determine the best place to get in.. Открыть/Комментировать

2023-06-06 21:49:25 GBPCHF 4H

We finally have what looks like a trend formation..
Price broke above this resistance after forming a bull flag, and is now back for a retest..
As the chart shows, price is bouncing here, so there're chances for bullish continuations.. Открыть/Комментировать

2023-06-06 12:42:02 GBPCAD 8H

No upside continuations here.. Looks like we're having another reversal here.
Price just broke below key support levels, so we'll wait for a pullback to these areas before looking for continuations..
We always stay patient while these setups form. The month of June just started and there're alof of trading opportunities for us. Открыть/Комментировать

2023-06-06 12:37:24 AUDCHF 1D

We should prepare ourselves for this trend change on AUDCHF.
Price formed a double bottom, which as we know is a reversal formation. Now price is testing the resistance level, but we suspect that we may see upside continuations.
So, we'll wait for the break of this zone, and then take trades on the retest. Открыть/Комментировать

2023-06-05 11:02:39 CADJPYY 1D

We get the bounce off of the zone and the continuations. So far +210 pips.
Price is pushing with enough momentum, and first target is around 106.000 for 350 pips.
As long as we have momentum on our side, we'll continue to hold this one. Открыть/Комментировать

2023-06-05 10:57:42 AUDUSD 1D

Price is now respecting the key level after testing it as resistance.
We do not have enough evidence that price will break above this zone just yet, so we might have a continuation to the downside.
We'll be waiting for multiple bearish candles and then a fall to the downside to create a lower low... Открыть/Комментировать

2023-06-02 11:49:57 AUDUSD 1D

AU came back to retest the level..
Price is currently at the zone, although trying to break past it.. We're still bearish on AU, but now we have to see what price will do from here.
We also have NFP in a few hours, so that should set the tone for next week. Открыть/Комментировать