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Showing posts from July, 2024

EURUSD MARKET ANALYSIS

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  Good evening traders, here's a market outlook for EURUSD where price broke below a major level on H4 & daily at 1.09050 & 1.08730 and formed a lower low on H4 at 1.08340. Price then retraced to 1.08700 missing the zone by a few pips then dropped strongly confirming the bearish bias. Took sell positions during London session at 1.08620 with SL at 1.08850. Setup taken is a rally base drop, a reversal setup and my target is at the next major H4 demand zone at 1.07280 & 1.07000. Price gained strong bearish momentum dropping 70 pips to 1.08000 in strong H4 bearish candles. Price has filled the 1st H4 range from the 1st H4 low to the major H4 supply zone and back to the H4 low. Price has eventually broken the H4 low and formed a lower low confirming the bearish sentiment. I still anticipate a strong bearish continuation with my target being the next major H4 demand zone at 1.07280 & 1.07000.

XAUUSD MARKET ANALYSIS

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  Good evening traders, I hope you're all doing well and you're ready for the new week in the markets. Into the week today I am looking at XAUUSD where price rallied to a key supply zone on H1 & H4 at 2400.500 & 2384.860 which was a previously broken demand zone. Price formed a lower low on H4 at 2360.000 then retraced back to supply. Price rallied into supply and formed candle closes inside supply followed by a slight drop showing a potential bearish reversal. Took sell positions during London session at 2392.40 with SL at 2410.000. Setup taken is a rally base drop, a reversal setup and my target is at the next H4 demand zone at 2305.000 & 2273.950.

TARGETS HIT! TRADE SETUPS BREAKDOWN

  Good morning traders, it's a fine chilly morning but hot in the markets as most of our trade setups played out well. Here's a video breakdown of the setups taken during the week and the targets of various trades being hit. Enjoy the video and stay tuned for more.

WEEKLY OUTLOOK PART TWO (USDCHF, EURUSD, GBPUSD & DXY EXPLAINED)

  Good evening traders, I hope you've all had a great weekend and you're looking forward to market open. As we approach market open, here's a part two of the Chase Capital market outlook session during the week.

NEW WEEK OUTLOOK & CPI MARKET ANALYSIS

  Good evening traders, it's another week with plenty of opportunities in the financial markets. Here's a video session with members of the Chase Capital trading community during today's CPI news release.

CHASE CAPITAL NEW WEEK MARKET OUTLOOK VIDEO

  Good evening traders, it's a new month and the start of the third quarter of the financial year. Into this week I am looking at different pairs from GBPUSD, EURUSD and the Dollar Index (DXY). Here's a video breakdown of what I am expecting for the week.