Trader Forex_ — Trading Ideas & Charts (2024)

In my anaysis of USD/CAD, Price has retraced to the .618 and is currently exhausted at Monthly Resistance. The Daily Chart confirms with 2 Doji's at this area. Price should continue the Bearish Trend. moving toward Monthly Support. Price should break Monthly Support then retesting to continue trend to the Weekly Resistance, where price should break and...

In my analysis of EUR/AUD, Price is retracing toward the .50 and the .618 on the Fib. Once price retraces and continues the trend toward the Weekly Resistance. This is area is also the 1.00 on the Fib. Price should break and retest Weekly resistance and move toward the .618 area which is Monthly Resistance. OANDA:EURAUD

In my analysis of EUR/GBP on the 1 Hour Chart, Price has created an Inverted Teacup PatternThe handle has formed with price exhausting at 4 hour resistance. Once price exhausts and moves bearishly continuing the trend. Price should move toward the trend line. Price will need to break the trendline and retest to continue the bearish trend, moving to Daily...

In my analysis of Aud/Cad on the Daily Chart, The Right Shoulder of a Head and Shoulders pattern is forming. Right shoulder needs to break neckline and retest for Entry. TP 1 at Monthly Support at $.86243. After price reaches Monthly Support. Price Breaking this area then retesting, Continuing the trend to TP2 of $.82843. OANDA:AUDCAD

In my analysis of GBP/USD on the 4 Hour Chart, Price is currently at the neckline of the "W" Pattern. For A Bearish entry: Price must break the neckline and retest, then continue the Bearish Trend. Take profit at price $1.2448, next area of Support. For a Bullish Entry: Price must break above the Daily resistance, then retest, then begin moving Bullishly. TP...

in my analysis of US/CAD on the MONTHLY Charts, this currency is currently moving in a BEARISH trend. Price is moving toward $1.25258 near Support. I utilized the 200 Moving Average and the Fibonacci in my analysis. FX:USDCAD

In my analysis on the 2 HOUR CHART, price is moving BEARISHLY, forming a Barrier Triangle Ending Diagonal. Price is currently at 1.25498, I forecast that Wave A may move to price 1.23957 which is 100% of Wave A. Then to price 1.23013 which is 1.50% of Wave A. and finally to price 1.22800 which is 1.618% of Wave A. I used the Elliott Wave and Fibonnaci for my...

In my analysis of Nasdaq 100 on the WEEKLY Chart , I forecast that price is moving toward 14162.23 which is the 1.618 of Fibonacci for Wave C of the Elliott Wave. I utilized the Elliott Wave and the Fibonacci. OANDA:NAS100USD

In my analysis of EUR/USD on the WEEKLY Chart , I forecast that price is moving between price $1.3477 which is the 1.50 of Fibonacci & price $1.3693 which is 1.61.8 of Fibonnaci, for wave 3 of the Elliott Wave. I utilized the Elliott Wave and the Fibonacci in my analysis. FX:GBPUSD

In my analysis of EUR/USD on the WEEKLY Chart , I forecast that price is moving toward price $1.18692 which is the 61.8 of Fibonnaci, for wave 3 or the Elliot Wave. I utilized the Elliott Wave and the Fibonacci in my analysis. FX:EURUSD

In my analysis of EUR/USD on the MONTHLY Chart , I forecast that after price had retraced to 1.10886 between the 0.50 and .618 of the Fibonacci, price will begin to move bearishly ending the retracement. Price should move to .95389. In this analysis, I utilized the Fibonacci and price action. FX:EURUSD

In my analysis of GBP/USD on the DAILY Chart , I forecast that price is moving toward the weekly supoort price of $1.34533. In this analysis, I utilized spport and resistance and chart patterns. FX:GBPUSD

In my analysis of GBP/USD on the WEEKLY Chart, I forecast that price is moving toward the weekly supoort price of $1.2029. Looking at the Head and shoulders formation of the chart, we would look at the retest,but price is rejecting the resistance level and moving bearishly. In this analysis, I utilized spport and resistance and chart patterns. FX:GBPUSD

In my analysis of GBP/USD on the 4 HOUR CHART, I forecast that price is moving BEARISHLY toward Monthly Support. For price to move toward price 1.14112, price would need to break and retest monthly support. If price does not break monthly support, price will move bullishly toward weekly resistance.

In my analysis of GBP/USD on the DAILY Chart , I forecast that price is moving toward the monthly resistance price of $1.34533 after breaking the neck of the Inverted Head & Shoulders and retesting support. In this analysis, I utilized chart patterns and price action. FX:GBPUSD

In my analysis of GBP/JPY on the DAILY Chart , This currency pair is moving BEARISHLY AFTER CREATING A DOUBLE TOP . PRICE IS MOVING TO PRICE $153.004. In this analysis, I utilized chart patterns.

In my analysis of USD/CAD on the DAILY CHART, This currency pair is currently Ranging from price $1.27863 to $1.26646. On the lower time frames, price may continue to move to the area of resistance of $1.27863 and down to $1.26646. Looking at the Monthly chart price was retracing as it hit the area of resistance. Price may turn around and continue moving...

In my analysis of USD/JPY on the 4HR CHART, This currency pair is moving BEARISHLY to the next level of resistance at price of $114.302. In this analysis, I used the Fib and Trendline Analysis. OANDA:USDJPY