Murrey Math Lines 22.01.2020 (USDJPY, USDCAD)

Murrey Math Lines 22.01.2020 (USDJPY, USDCAD)

22.01.2020

USDJPY, “US Dollar vs. Japanese Yen”

As we can see in the H4 chart, USDJPY is moving above 5/8. In this case, the price is expected to break 6/8 and then continue growing to reach the resistance at 8/8. However, this scenario may no longer be valid if the price breaks 5/8 to the downside. After that, the instrument may start a new decline towards the support at 3/8.

USDJPY_H4
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

In the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, continue trading upwards.

USDJPY_M15
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDCAD, “US Dollar vs Canadian Dollar”

As we can see in the H4 chart, USDCAD is still moving below 3/8. In this case, the pair may test this level, rebound from it, and then resume falling to reach the support at 1/8. However, this scenario may no longer be valid if the price breaks 3/8 to the upside. After that, the instrument may continue growing towards the resistance at 4/8.

USDCAD_H4
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

In the M15 chart, the pair may break the downside line of the VoltyChannel indicator and, as a result, continue moving downwards to reach 1/8 from the H4 chart.

USDCAD_M15
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

Forex Technical Analysis & Forecast 22.01.2020 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, USDCAD, GOLD, BRENT, BTCUSD)

Forex Technical Analysis & Forecast 22.01.2020 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, USDCAD, GOLD, BRENT, BTCUSD)

22.01.2020

EURUSD, “Euro vs US Dollar”

EURUSD is forming the fifth descending wave; after finishing the correctional wave towards 1.1117, the price has completed another descending structure with the first target at 1.1080. At the moment, the instrument is consolidating. Possibly, the pair may fall to reach 1.1075 and then grow towards 1.1087 at least. Later, the market may start a new decline with the target at 1.1062.

EURUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

GBPUSD, “Great Britain Pound vs US Dollar”

GBPUSD has finished the ascending correctional structure towards 1.3080. Today, the pair may fall to break 1.3000 and then continue trading inside the downtrend with the short-term target at 1.2927.

GBPUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDCHF, “US Dollar vs Swiss Franc”

USDCHF has broken 0.9688; right now, it is still forming the fifth ascending wave. Possibly, today the pair may test 0.9690 from above and then form one more ascending structure with the short-term target at 0.9703.

USDCHF
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDJPY, “US Dollar vs Japanese Yen”

After completing the descending impulse at 109.80, USDJPY has finished the correction towards 110.03. Today, the pair may fall to break 109.80 and then continue moving downwards with the short-term target at 109.41.

USDJPY
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

AUDUSD, “Australian Dollar vs US Dollar”

AUDUSD has finished the descending structure towards 0.6832. Possibly, today the pair may resume moving upwards to reach 0.6850 and then start another decline with the target at 0.6811.

AUDUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDRUB, “US Dollar vs Russian Ruble”

USDRUB has reached 61.90; right now, it is consolidating at the top. According to the main scenario, the price is expected to resume trading inside the downtrend with the target at 61.37.

USDRUB
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDCAD, “US Dollar vs Canadian Dollar”

USDCAD is forming another ascending structure towards 1.3104. After that, the instrument may start a new correction to reach 1.3077 and then resume trading upwards growth with the target at 1.3118.

USDCAD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

XAUUSD, “Gold vs US Dollar”

Gold is forming one more descending structure towards 1545.80. Later, the market may start another correction with the target at 1556.96 and then resume trading downwards to reach 1534.34.

GOLD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

BRENT

Brent is moving downwards. Possibly, the pair may reach 63.97 and then start another growth with the target at 64.90.

BRENT
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

BTCUSD, “Bitcoin vs US Dollar”

BTCUSD is still consolidating around 8600.00. The main scenario implies that the pair may grow to break 8850.00 and then continue trading upwards to reach 9240.00. After that, the instrument may start a new decline with the target at 7700.00.

BITCOIN
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

Ichimoku Cloud Analysis 22.01.2020 (AUDUSD, NZDUSD, USDCAD)

Ichimoku Cloud Analysis 22.01.2020 (AUDUSD, NZDUSD, USDCAD)

22.01.2020

AUDUSD, “Australian Dollar vs US Dollar”

AUDUSD is trading at 0.6842; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 0.6855 and then resume moving downwards to reach 0.6695. Another signal to confirm further descending movement is the price’s rebounding from the neckline of Head & Shoulders reversal pattern. However, the scenario that implies further decline may be canceled if the price breaks the cloud’s upside border and fixes above 0.6925. In this case, the pair may continue growing towards 0.7005. After breaking the rising channel’s downside border and fixing below 0.6805, the price may continue moving downwards.

AUDUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

NZDUSD, “New Zealand Dollar vs US Dollar”

NZDUSD is trading at 0.6592; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 0.6620 and then resume moving downwards to reach 0.6500. Another signal to confirm further descending movement is the price’s rebounding from the resistance level. However, the scenario that implies further decline may be canceled if the price breaks the cloud’s upside border and fixes above 0.6645. In this case, the pair may continue growing towards 0.6735.

NZDUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDCAD, “US Dollar vs Canadian Dollar”

USDCAD is trading at 1.3080; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 1.3055 and then resume moving upwards to reach 1.3175. Another signal to confirm further ascending movement is the price’s rebounding from Triangle’s upside border. However, the scenario that implies further growth may be canceled if the price breaks the cloud’s downside border and fixes below 1.3015. In this case, the pair may continue falling towards 1.2945.

USDCAD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

Japanese Candlesticks Analysis 22.01.2020 (USDCAD, AUDUSD)

Japanese Candlesticks Analysis 22.01.2020 (USDCAD, AUDUSD)

22.01.2020

USDCAD, “US Dollar vs Canadian Dollar”

As we can see in the H4 chart, the sideways movement was followed by a slight growth. By now, the pair has finished several reversal patterns, including Doji. The current situation implies that USDCAD may continue reversing and then grow to reach 1.3111. However, we shouldn’t ignore an alternative scenario, according to which the instrument may fall towards 1.3033.

USDCAD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

AUDUSD, “Australian Dollar vs US Dollar”

As we can see in the H4 chart, the pair has completed another decline: it has formed Harami reversal pattern not far from the support level. Right now, AUDUSD is starting to reverse; the upside target may be at 0.6922. However, we shouldn’t ignore an alternative scenario, which implies that the instrument may continue falling towards 0.6800.

AUDUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

Fibonacci Retracements Analysis 22.01.2020 (GBPUSD, EURJPY)

Fibonacci Retracements Analysis 22.01.2020 (GBPUSD, EURJPY)

22.01.2020

GBPUSD, “Great Britain Pound vs US Dollar”

As we can see in the daily chart, GBPUSD is still correcting and forming Triangle pattern. The pair is stuck above the support at 38.2% (1.2883). If the price fails to break this level, it may start a new rising impulse to break the high at and reach mid-term 76.0% fibo at 1.3794.

GBPUSD_D1
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

The H4 chart shows that the correction has stopped at 38.2% fibo. If the price breaks the local low at 1.2904, the pair may continue falling towards 50.0% and 61.8% fibo at 1.2856 and 1.2700 respectively.

GBPUSD_H4
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

EURJPY, “Euro vs. Japanese Yen”

In the daily chart, after updating the previous high and failing to reach 61.8% fibo at 123.05, the pair has started a new pullback towards 50.0% fibo. Despite the divergence on MACD, it’s too early to think about the trend reverse, at least as long as EURJPY is trading above the support. It means that this decline should be considered as a new short-term correction, which may be followed by further growth towards 61.8% and 76.0% fibo at 123.05 and 124.69 respectively.

EURJPY_D1
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

The H4 chart shows that the pair is moving downwards to reach 38.2%. However, if the price falls towards 23.6% fibo at 121.21, the decline may continue to reach 38.2% and 50.0% fibo at 120.19 and 119.36 respectively. If the price breaks the resistance at 122.87, the mid-term growth will continue.

EURJPY_H4

rfxsignals January 22, 2020 No Comments

DAILY FREE FOREX SIGNALS – 22-01-2020 | Форекс – Сообщество Трейдеров |إشارات الفوركس|외환 신호

DAILY FREE FOREX SIGNALS – 22-01-2020 | Форекс – Сообщество Трейдеров |إشارات الفوركس|외환 신호

 

GBPUSD BUY -1.30854
SL-1.30318
TP1-1.31080
TP2-1.31326

GBPCHF BUY -1.27145
SL-1.26372
TP1-1.27364
TP2-1.27600

EURGBP SELL-0.84618
SL-0.85084
TP1-0.84401
TP2-0.84155

EURCAD SELL-1.44763
SL-1.45129
TP1-1.44547
TP2-1.44334

GBPCAD BUY -1.71072
SL-1.70556
TP1-1.71346
TP2-1.71665

EURAUD SELL-1.61830
SL-1.62201
TP1-1.61692
TP2-1.61548

EURUSD SELL-1.10751
SL-1.11224
TP1-1.10510
TP2-1.10296

USDCAD SELL-1.30592
SL-1.31047
TP1-1.30385
TP2-1.30169

 

RESULT

22.01.2020 GBPUSD BUY SIGNAL reaches target 2 and we got 46 pips profit 🙂

22.01.2020 GBPCHF BUY SIGNAL reaches target 2 and we got 47 pips profit 🙂

22.01.2020 EURGBP SELL SIGNAL reaches target 2 and we got 43 pips profit 🙂

22.01.2020 EURCAD SELL SIGNAL reaches target 1 and we got 20 pips profit 🙂

22.01.2020 GBPCAD BUY SIGNAL reaches target 2 and we got 60 pips profit 🙂

22.01.2020 EURAUD SELL SIGNAL reaches target 1 and we got 13 pips profit 🙂

22.01.2020 EURUSD SELL SIGNAL reaches target 2 and we got 42 pips profit 🙂

22.01.2020 USDCAD SELL SIGNAL reaches target 1 and we got 17 pips profit 🙂

rfxsignals January 21, 2020 No Comments

DAILY FREE FOREX SIGNALS – 21-01-2020 | Форекс – Сообщество Трейдеров |إشارات الفوركس|외환 신호

 

DAILY FREE FOREX SIGNALS – 21-01-2020 | Форекс – Сообщество Трейдеров |إشارات الفوركس|외환 신호

NZDUSD SELL-0.65903
SL-0.66251
TP1-0.65704
TP2-0.65467

USDJPY SELL-109.929
SL-110.341
TP1-109.729
TP2-109.510

AUDUSD SELL-0.68486
SL-0.68953
TP1-0.68245
TP2-0.68031

USDCAD BUY -1.30798
SL-1.30335
TP1-1.30982
TP2-1.31151

EURJPY SELL-121.872
SL-122.282
TP1-121.663
TP2-121.474

EURGBP SELL-0.85197
SL-0.85838
TP1-0.84990
TP2-0.84768

GBPCAD BUY -1.70201
SL-1.69486
TP1-1.70449
TP2-1.70717

GBPAUD BUY -1.90370
SL-1.89554
TP1-1.90704
TP2-1.90937

AUDNZD SELL-1.03885
SL-1.04322
TP1-1.03636
TP2-1.03400

CADJPY SELL-84.063
SL-84.471
TP1-83.805
TP2-83.479

 

RESULT

 

21.01.2020 USDJPY SELL SIGNAL reaches target 1 and we got 20 pips profit now 🙂

21.01.2020 USDCAD BUY SIGNAL reaches target 2 and we got 40 pips profit now 🙂

21.01.2020 EURJPY SELL SIGNAL reaches target 2 and we got 35 pips profit now 🙂

21.01.2020 EURGBP SELL SIGNAL reaches target 2 and we got 37 pips profit now 🙂

21.01.2020 GBPCAD BUY SIGNAL reaches target 2 and we got 50 pips profit now 🙂

21.01.2020 GBPAUD BUY SIGNAL reaches target 2 and we got 60 pips profit now 🙂

21.01.2020 AUDNZD SELL SIGNAL reaches target 1 and we got 23 pips profit now 🙂

21.01.2020 CADJPY SELL SIGNAL reaches target 2 and we got 55 pips profit now 🙂

Murrey Math Lines 20.01.2020 (EURUSD, GBPUSD)

Murrey Math Lines 20.01.2020 (EURUSD, GBPUSD)

20.01.2020

EURUSD, “Euro vs. US Dollar”

In the H4 chart, EURUSD is still consolidating. In this case, the price is expected to break 3/8 and then continue trading downwards to reach the support at 1/8. However, this scenario may no longer be valid if the price breaks 4/8 to the upside After that, the instrument may continue growing towards the resistance at 5/8.

EURUSD_H4
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

As we can see in the M15 chart, the pair has broken the downside line of the VoltyChannel indicator and, as a result, continue moving downwards to reach 1/8 from the H4 chart.

EURUSD_M15
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

GBPUSD, “Great Britain Pound vs US Dollar”

In the H4 chart, GBPUSD is moving below 3/8. In this case, the price is expected to break 1/8 and then continue falling towards the support at -2/8. However, this scenario may no longer be valid if the price breaks the resistance at 2/8 to the upside. After that, the instrument is expected to continue growing to reach the 5/8.

GBPUSD_H4
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

As we can see in the M15 chart, the pair has broken the downside line of the VoltyChannel indicator and, as a result, may continue trading downwards to reach -2/8 from the H4 chart.

GBPUSD_M15
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

Ichimoku Cloud Analysis 20.01.2020 (AUDUSD, NZDUSD, USDCAD)

Ichimoku Cloud Analysis 20.01.2020 (AUDUSD, NZDUSD, USDCAD)

20.01.2020

AUDUSD, “Australian Dollar vs US Dollar”

AUDUSD is trading at 0.6884; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 0.6905 and then resume moving downwards to reach 0.6775. Another signal to confirm further descending movement is the price’s rebounding from the resistance level. However, the scenario that implies further decline may be canceled if the price breaks the cloud’s upside border and fixes above 0.6945. In this case, the pair may continue growing towards 0.7025.

AUDUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

NZDUSD, “New Zealand Dollar vs US Dollar”

NZDUSD is trading at 0.6620; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 0.6630 and then resume moving downwards to reach 0.6540. Another signal to confirm further descending movement is the price’s rebounding from the descending channel’s upside border. However, the scenario that implies further decline may be canceled if the price breaks the cloud’s upside border and fixes above 0.6690. In this case, the pair may continue growing towards 0.6775.

NZDUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDCAD, “US Dollar vs Canadian Dollar”

USDCAD is trading at 1.3063; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 1.3045 and then resume moving upwards to reach 1.3175. Another signal to confirm further ascending movement is the price’s rebounding from the support level. However, the scenario that implies further growth may be canceled if the price breaks the cloud’s downside border and fixes below 1.3005. In this case, the pair may continue falling towards 1.2935. After breaking Triangle’s upside border and fixing above 1.3090, the price may continue moving upwards.

USDCAD

Fibonacci Retracements Analysis 20.01.2020 (GOLD, USDCHF)

Fibonacci Retracements Analysis 20.01.2020 (GOLD, USDCHF)

20.01.2020

XAUUSD, “Gold vs US Dollar”

As we can see in the H4 chart, there is a correction inside another correction. The first correctional descending wave has reached 38.2% fibo, while the next one may head towards 50.0% and 61.8% fibo at 1530.60 and 1511.80 respectively. After finishing the pullback, the instrument may resume trading upwards to reach the current high at 1611.29 and the post-correctional extension area between 138.2 and 161.8% fibo at 1599.45 and 1625.70 respectively.

GOLD_H4
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

The H1 chart shows more detailed structure of the correction. The pair is heading towards 38.2% fibo at 1564.80 and may later continue growing to reach 50.0% fibo at 1573.20. the support is the local low at 1535.89.

GOLD_H1
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDCHF, “US Dollar vs Swiss Franc”

As we can see in the H4 chart, the pair is intending to continue trading downwards to reach the post-correctional extension area between 138.2 and 161.8% fibo at 0.9520 and 0.9433 respectively. However, considering the convergence on MACD and a slight growth, one can expect a new correctional uptrend. This scenario is valid as long as the instrument hasn’t broken the low at 0.9613.

USDCHF_H4
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

In the H4 chart we can see that the instrument is moving towards 23.6% and 38.2% fibo at 0.9710 and 0.9770 respectively.

USDCHF_H1