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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. 

CHASE CAPITAL MARKET OUTLOOK VIDEO

Good morning traders, it has been quite a slow week in the markets with little volume and a lot of consolidations in the markets.   We're still holding our swing trades from last week and scaling into positions for this week. Here's a video breakdown explaining the setups for the week.

GBPUSD MARKET ANALYSIS

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Good evening traders, GBPUSD is another market that I have been keenly watching out for since leaving the major H4 & daily supply zone at 1.28460 & 1.27950. Price 1st dropped 185 pips to 1.26630 then retraced back to 1.27000 forming another lower high on H4. Price formed a zone on H1 & H4 at 1.27080 & 1.26700 which was a previously broken demand now retested as new supply. Price then gained strong bearish momentum showing a potential continuation of the bearish trend. Price formed a lower low at 1.26150 then retraced back to the H1 & H4 zone to form a lower high before a continuation of the drop lower. I anticipate a continuation of the prevailing bearish trend with my target being the major H4 & daily demand zone at 1.25250 & 1.24840 for the major H4 & daily range to be filled.

EURUSD MARKET ANALYSIS UPDATE

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  Good evening traders, here is another read for your fine and chilly evening so grab your coffee and lets get to it. Into the markets today I am looking at EURUSD which has been on quite a downtrend with a bit of slow volume. Price formed multiple candle closes above supply then retraced back into the zone. Price gained strong bullish momentum rallying higher at 1.07600 hence hitting my SL and invalidating my setup. Price formed multiple candle closes above the zone hence taking out my positions twice. Price then dropped back into supply and formed candle closes below supply at 1.06890. Price then retraced back to supply and formed multiple candle closes above supply again at 1.07400.  Markets opened this week with price forming consolidations above supply with multiple candle closes above supply. Price dropped back into supply by a strong H4 bearish engulfing candle with candle closes at 1.07000. My bias still remains bearish with my target being at the next H4 demand zone a...

CHASE CAPITAL NEW WEEK MARKET OUTLOOK VIDEO

  Good morning traders and happy Juneteenth. Today is a US Bank holiday so all dollar pairs have quite slow movements in the markets. However, here's a video breakdown of what I am looking out for in the markets this week. Stay tuned to listen and learn.

CHASE CAPITAL VIDEO SESSION OVERVIEW OF LAST WEEK'S TRADE SETUPS

Good afternoon traders, the wait is over and we have finally introduced video market breakdowns which will also be posted on the blog. Here's a video session of last week's trade setups and an outlook into the new trading week. 

EURUSD MARKET ANALYSIS

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  Good evening traders, it's another week in the markets and I hope you're all ready. Into the markets this week, I am looking at EURUSD where price broke a major H1 & H4 demand zone at 1.07280 & 1.07000 and formed a lower low at 1.06730 by close of the trading week last week. Market opened this week with price rallying back into the broken demand for a retest as a new supply zone. Price rallied deeper into the zone at 1.07300 during London session into NY session. Price formed a fake breakout on H1 & H4 with candle closes above supply followed by a strong drop back into the zone. I anticipate a potential bearish reversal after the retest of the zone. Took sell positions during NY session at 1.07280 with SL at 1.07480. Setup taken is a drop base drop, a continuation setup and my target is at the major H4 & daily demand zone at 1.06100 & 1.05900. 

GBPUSD AND NZDUSD MARKET ANALYSIS

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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.