Posts

GBPUSD AND NZDUSD MARKET ANALYSIS

Image
Good afternoon traders, it's been quite a week in the financial markets filled with high impact fundamental releases from the Consumer Price Index (CPI) and FOMC Fed rate decision. Even with the releases, we still managed to take some positions on GBPUSD and NZDUSD. Into the charts, GBPUSD price rallied back to the major H4 supply zone at 1.28480 & 1.27950 which is the origin of the previous drop to the H4 low at 1.27000. Price gained strong bullish momentum after the CPI news rallying to 1.28500. Price formed candle closes above supply followed by a drop in a H4 bearish engulfing candle with candle closes below supply. Price retraced to retest supply before a continuation of the drop. Took sell positions during mid-London session at 1.27950 with SL at 1.28400. Setup taken is a rally base drop, a reversal setup and my target is at the 1st H4 low at 1.27000. Price gained momentum during NY session dropping to 1.27500 confirming the bearish sentiment. Price gained more momentum p...

CHASE CAPITAL LIVE ANALYSIS SESSION 2

  Good evening traders, welcome to another episode of our live analysis sessions at Chase Capital. This video breaks down the trades we took last week which were EURUSD 170 pips, GBPUSD 100 pips, NZDUSD 100 pips and USDCAD 100 pips. There's also explanations on the anticipation of the various fundamental releases expected during the week which were the European Central Bank (ECB) rate decision and the Non-Farm Payrolls report release.

CHASE CAPITAL LIVE ANALYSIS SESSION 1

  Hello traders, I hope you're all well and prepared for the next week in the foreign exchange markets. From the analysis below on the pairs analyzed and traded during the week, here's a video describing the analysis behind the trades taken for the week during the Chase Capital live analysis session.

EURUSD, GBPUSD, NZDUSD MARKET ANALYSIS

Image
  Good evening traders, it's a chilled Sunday and for traders its a day to assess the markets for potential setups for the upcoming week. As we get ready for the new week ahead, here are setups that were on my last week's watchlist which were EURUSD, GBPUSD and NZDUSD. On EURUSD price rallied into a major H1 & H4 supply zone at 1.09040 & 1.08730 which is the origin of the previous major drop to the major H4 demand zone at 1.07270 & 1.07000. Price filled the major H4 & daily range from the major H1 & H4 supply zone to the major H4 demand zone and back to the major H1 & H4 supply zone. Price rallied into the zone and formed a fake-out on H1 & H4 with candle closes above supply but on the daily chart price formed a rejection wick with candle closes inside supply. Price dropped in a H4 bearish engulfing candle with candle closes inside supply followed by a bearish push to 1.08600 with candle closes below supply. Price retraced back into supply and consol...

EURUSD MARKET ANALYSIS

Image
  Hello traders, it's another amazing week that signifies the end of the month of May which had many opportunities in the financial markets. Into the markets today I am looking at EURUSD where price rallied to a key H1 & H4 supply zone at 1.09050 & 1.08730 which was the origin of the previous major drop to the major H4 & daily demand zone at 1.06130 & 1.05890. Price filled the major H4 & daily range from the H1 & H4 supply zone to the H4 & daily demand zone and back to the key H1 & H4 supply zone. Price rallied into the zone and formed rejection wicks with candle closes inside supply on H4 followed by a drop in a constant push away from supply. Price dropped 80 pips to the 1st H4 low at 1.08100 then retraced back to supply. Price rallied back to supply then formed rejection wicks with candle closes inside supply on H4 followed by a strong drop. Took sell positions during London session at 1.08730 with SL at 1.09040. Setup taken is a rally base drop, ...

(VIDEO) MARKET ANALYSIS ON USDCAD, USDCHF, NZDUSD & AUDUSD

Good evening traders, I hope you're all doing well and you're ready for the trading week ahead.  For those who have already started taking trades, then Kudos to you. For those who still haven't traded this week, here's a video breakdown of the pairs I am watching this week which are USDCAD, USDCHF, NZDUSD and AUDUSD.  Here's a big thankyou to everyone who has been viewing this blog, we're currently at over 2000views. May we grow bigger and better.

CHASE CAPITAL MENTORSHIP/TRADING COMMUNITY

Image
  Hello traders,  I hope you’re all well. This is to welcome you and inform you of the opening of the Chase Capital trading community to the public for educational purposes. Since 2022, we have been doing private mentorship sessions with private clients from our discord community and also private equity management with high net-worth investors. We also launched a public blog where we share market insights and analysis at 1chasecapital.blogspot.com which has gotten amazing feedback from traders. After an increasing number of requests for availability to join the Chase Capital trading community, we have made it open for the public to join at a subscription fee of 100USD Monthly, 300USD Quarterly and 500USD Annually. This decision has been carefully thought through and considered. The Chase Capital mentorship/trading community is fully online and entails building a trading strategy, developing a trading plan, risk management, trading psychology and trading discipline. This will ...

AUDUSD MARKET ANALYSIS

Image
  Hello traders, it's a new week in the markets meaning new opportunities up for grabs. Into the markets this week, I am looking at AUDUSD where price rallied to a major H4 & daily supply zone at 0.66450 & 0.66160 which is the origin of the previous major drop to the major H4 & daily demand zone at 0.64800 & 0.64540. Price filled the major H4 & daily range from the major H4 & daily supply zone to the major H4 & daily demand zone and back to the major H4 & daily supply zone. Price rallied into the zone and dropped by a constant push away from the zone with candle closes below supply and formed a lower low at 0.65900. Price retraced to retest supply at 0.66160 before a potential continuation of the drop. Took sell positions during NY session at 0.66160 with SL at 0.66360. Setup taken is a rally base drop, a reversal setup and my target is at 0.65200. Price dropped back to the previous H1 low at 0.65900 and gained more momentum during Asian session form...

THE FEDERAL RESERVE

Good afternoon traders, it's an amazing Sunday afternoon and I hope you're all doing well and enjoying your Sunday with friends and family. Today I'd like to focus on a topic that is very crucial for traders which is the Federal Reserve. Traders know that the Federal Reserve bank is the Central Bank regulating the US dollar. Last week, the Fed released their interest rates on Wednesday where they maintained their rates at 5.50% during the FOMC meeting. Most traders only know of the FED but don't know of the structure of the Federal Reserve so let's get into it.  The Federal Reserve System comprises of three key entities which are: 1. Federal Reserve Board of Governors 2. 12 Federal Reserve Banks 3. Federal Open Market Committee The Federal Reserve Board of Governors comprises of seven governors who are nominated by the President of the United States and confirmed in their positions by the U.S Senate. The Federal Open Market Committee (FOMC) has 12 voting members who...

AUDUSD MARKET ANALYSIS

Image
  Good afternoon traders, it's another new week in the financial markets and I hope you're all ready to take advantage of the various opportunities in the markets. Into the markets today I'm looking at AUDUSD where market opened this week with price at 0.64200 and rallied back to supply at 0.64540 which was the origin of the previous drop to 0.63700. Price rallied back to supply and the previous H4 high at 0.64540 and formed a rejection wick with candle closes below supply during Asian session followed by a drop lower. Took sell positions during late Asian session at 0.64300 with SL at 0.64550. Setup taken is a rally base drop, a reversal setup and my target is at 0.63400.

AUDUSD MARKET ANALYSIS

Image
  Hello traders, it's another day in the financial markets and I hope you've had a wonderful week. Into the markets today, I am looking at AUDUSD where price rallied to a major H1 & H4 supply zone at 0.64800 & 0.64542 which was a previously broken demand zone. Price formed lower lows on H4 at 0.64000 then retraced back to retest the zone as new supply before a continuation of the drop. Price rallied to 0.64542 and formed rejections with candle closes below supply followed by a drop. Took sell positions during NY session at 0.64408 with SL at 0.64608. Setup taken is a rally base drop, a reversal setup and my target is at 0.63700.  Price gained momentum into NY session dropping to o.64000 and gained more momentum during Asian session forming lower lows, taking out the previous H4 low at 0.64000. Price dropped 70 pips to 0.63600, hitting my TP then reversed and rallied to 0.64240. Target hit.