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USDCHF MARKET ANALYSIS

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  Good evening traders, here's my outlook on USDCHF where price broke a major daily supply zone at 0.88900 & 0.88600 and rallied higher forming higher highs at 0.89500. Price retraced back to retest the broken supply as a new demand before a potential rally. Price dropped into the zone at 0.88600 and formed rejection wicks with candle closes inside the zone. Took buy positions during NY session at 0.88630 with SL at 0.88370. Setup taken is a drop base rally, a reversal setup and my target is at the next major daily supply zone at 0.89900.

GBPUSD MARKET ANALYSIS

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  Hello traders, I hope you're all great and ready for the new week in the markets. Into the markets, I am looking at GBPUSD where price rallied back to a key H1 & H4 supply zone at 1.26730 & 1.26140 which was a previously broken demand and also origin of the previous broken demand and also origin of the previous drop to the H1 & H4 low at 1.25000. Price rallied to supply at 1.26140 and formed candle closes below supply followed by a H1 bearish engulfing candle. Took sell positions during NY session at 1.25993 with SL at 1.26300. Setup taken is a rally base drop, a reversal setup and my target is at 1.24100.

USDCHF MARKET ANALYSIS

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Hey traders, I hope you're all fresh and active in the markets. Into the markets I am looking at USDCHF where price dropped from a major H4 & daily supply zone at 0.88900 and 0.88600 and formed lower lows at 0.88030. Price retraced to retest supply at 0.88600 before a continuation of the drop lower. Took sell positions during pre-NY session at 0.88500 with SL at 0.88750. Setup taken is a rally base drop, a reversal setup and my target is at 0.87400.  

MARKET OUTLOOK VIDEO

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  Good afternoon traders, here's a video breakdown of the currency pairs discussed last week and the new week market projections. In the video I get to share my insights and deeply detailed analysis on different currencies like GBPUSD, AUDUSD, NZDUSD, USDCAD, USDCHF and USDJPY while also eyeing XAUUSD and NAS100. Cheers and enjoy the video.

EURCAD MARKET ANALYSIS

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  Wassup everyone, into the markets today I am looking at EURCAD where price rallied into a major H1, H4 & daily supply zone at 1.48880 & 1.48460 which was the origin of the previous drop to the H4 & daily demand zone at 1.47700 & 1.47460. Price filled the H1 & H4 range from the major H1, H4 & daily supply zone to the H4 & daily demand zone and back to the major H1, H4 & daily supply zone. Price rallied deeper into the zone at 1.48880 and formed candle closes inside supply followed by a H1 bearish engulfing candle showing a potential bearish reversal. Price retraced back to the previous H1 high inside supply before a strong drop. Took sell positions during NY session at 1.48880 with SL at 1.49050. Setup taken is a rally base drop, a reversal setup and my target is at 1.47400.   Price dropped away from supply by a constant push and formed lower lows with candle closes below supply confirming the bearish sentiment. Price retested supply before a c...

USDJPY MARKET ANALYSIS

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  Good afternoon traders, it's Monday the start of a new week in the markets and I hope you're all fresh and ready for it. Into the markets today I am looking at USDJPY where price dropped to a key H1 & H4 demand zone at 154.664 & 154.096 which was the origin of the previous rally to the H1 & H4 higher high at 156.600. Price filled the H1 & H4 range from the H1 & H4 demand zone to the H1 & H4 higher high and back to the H1 & H4 demand zone. Price dropped into the zone and formed rejection wicks with candle closes inside demand on H4 followed by a bullish push. Took buy positions at 154.100 with SL at 153.800 and scale-in positions at 154.600 with SL at 154.360. Setup taken is a drop base rally, a reversal setup and my target is at 156.600. Price rallied 120 pips to 155.300 forming a higher high showing a potential continuation of the rally higher. Price failed to break the H1 high at 155.600 and instead retraced back to demand and eventually broke be...

NAS100 MARKET ANALYSIS

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Good afternoon traders, it's a feel good Friday with a chilly start but in the charts it's getting hotter. Into the markets today, NAS100 price broke a major daily supply zone at 20660.97 & 20409.07 and rallied higher forming new highs. Price rallied 500 pips forming a new ATH at 21220.00 then formed a minor supply zone on H1 & H4 at 21220.00 and 21130.00. Price dropped from the minor H1 & H4 supply zone to the H1 low at 20970.00 then retraced back to supply. Price consolidated between the minor supply zone and the H1 low then eventually broke the H1 low and formed lower lows confirming the bearish sentiment. Took sell positions during NY session at 21065.48 with SL at 21130.00 and a scale-in position at 20970.25 with SL at 21100.04. Setup taken is a rally base drop, a reversal setup and my target is at 20700.00. Price dropped by a constant push away from supply, gained more bearish momentum taking out the previous H1 low forming lower lows. Price gained more bearis...