CHA$E CAPITAL

  Hello traders, it's another day of the trading week in the financial markets and I am looking out for new opportunities into USDCHF. Price dropped from a major H1 & H4 supply zone at 0.86940 & 0.87330 to a key H1 & H4 demand zone at 0.85680 & 0.85340. Price broke below the key H1 & H4 demand zone and formed lower lows on H1 & H4 at 0.85160. I anticipate a potential retest of the broken demand zone as a new supply zone before a continuation of the prevailing bearish trend. Price formed a lower low during late NY session then retraced to 0.85250 then dropped back again and dropped back to the H1 & H4 lower low. I still anticipate a potential rally then retest of 0.85330 before a potential continuation of the drop lower. Price consolidated below supply without forming any strong lower lows then retraced to retest supply at 0.85330 as previously anticipated before a continuation of the drop lower. Price formed a rejection wick on H1 & H4 with candle cl...

  Good evening traders, it's a cool Tuesday NY session where I am watching the markets for opportunities in various pairs and I've come across USDCAD for a potential opportunity. Price dropped into a major H4 & daily demand zone at 1.36600 & 1.36155 which was the origin of the previous rally to the major H4 & daily supply zone at 1.38820 & 1.38190. Price has filled the major H4 & daily range from the major H4 & daily demand zone to the major H4 & daily supply zone and back to the major H4 & daily supply zone. Price dropped into the major H4 & daily demand zone and formed a rejection wick with candle closes inside demand followed by a slight bullish push on H1 & H4. Took buy positions during NY session at 1.36230 with SL at 1.35870. Setup taken is a drop base rally, a reversal setup and my target is at 1.37340. Price formed candle closes inside demand followed by a slight bullish push to the 1st H1 high at 1.36400 and failed to break above...

  It has been quite a week in the markets with multiple fundamental news happening like the release of the interest rate cut by the Reserve Bank of New Zealand, the U.S Consumer Price Index (CPI) and Producer Price Index (PPI) which have fundamentally affected markets. The NZDUSD pair dropped significantly after the rate cut happened and we've also seen dollar weakness across the week. As per market close on Friday, the dollar index (DXY) closed the week at 101.978 forming new lower lows. XAUUSD closed the week forming all time highs at 2508.20 with strong bullish momentum. EURUSD and GBPUSD rallied strongly as well closing the trading week at 1.10280 & 1.29450 respectively.  Looking into the new week, we'll be expecting to see a continuation of the rally on pairs like EURUSD and GBPUSD and a continuation of the drop lower on pairs like USDCAD and the dollar index (DXY).

  Good morning traders, here's another setup on a pair that I've been watching out for this week which is GBPUSD. Price rallied to the major H4 supply zone at 1.28460 & 1.27940 filling the H4 range from the major H4 supply zone to the H4 demand zone at 1.27080 & 1.26650 and back to the major H4 supply zone. Price formed a fake breakout on H1 & H4 with candle closes above supply but on the daily formed a rejection wick with candle closes inside supply followed by a drop back into the zone. Took sell positions during London session at 1.28408 with SL at 1.28800. Setup taken is a rally base drop, a reversal setup and my target is at 1.27100.

  Hello traders, here's another pair I am closely watching out for is NZDUSD. Price rallied to a major H4 supply zone at 0.60750 & 0.60500 which was a previously broken demand and also origin of the previous drop to the major H4 & daily demand zone at 0.59100 & 0.58660. Price has filled the major H4 range from the major H4 supply zone to the major H4 demand zone and back to the H4 supply zone. Price rallied into the H4 supply zone at 0.60750 and formed candle closes inside supply followed by a strong H4 bearish engulfing candle dropping 70 pips to 0.60000 forming lower lows confirming a shift in market structure to bearish. I anticipate a potential continuation of the drop lower with my major target being the H4 demand zone at 0.59100 & 0.58660.

  Good evening traders, I hope you're all well and active in the markets. This week has multiple high impact fundament al news from the PPI to the recently happened CPI today during NY session. Into the markets I'm looking at XAUUSD where price rallied to a major H1 & H4 supply zone at 2475.750 & 2460.870 which was the origin of the previous major drop to the major H4 demand zone at 2374.904 & 2356.200. Price rallied into the major H4 supply zone and formed multiple candle closes inside supply followed by a constant push away from supply. Price has dropped 340 pips to 2441.610 forming lower lows and is still showing more bearish potential. Setup was a rally base drop, a reversal setup and I anticipate a retracement before a potential continuation of the drop lower. 

  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.

  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.

  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.

  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.

  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.