Posts

NZDUSD MARKET ANALYSIS

Image
  Wassup traders, I hope you're all doing great. It's been a while since I shared here and I now resume sharing my insights and analysis. Into the markets this week I am looking at NZDUSD where price rallied and broke a key H1 & H4 supply zone at 0.56840 & 0.56558 which is the origin of the previous drop to the major daily demand zone at 0.55900 & 0.55530. Price rallied and broke above supply and formed higher highs at 0.57200 confirming a new bullish range formed. Price has retraced to retest the broken supply as a new demand before a potential continuation of the rally higher. Took buy positions during London session at 0.56850 with SL at 0.56630. Setup taken is a rally base rally, a continuation setup and my target is at 0.57800.

EURCAD MARKET ANALYSIS

Image
  Happy New Year Chase Capital fam I hope y'all had an amazing festive season and a great start of the year 2025. It's a year with great opportunities that should be well utilized. Into the markets today my first trade for 2025 I am looking into EURCAD. Price broke below a major H1 & H4 demand zone 1.48875 & 1.48450 forming lower lows on H1 & H4 at 1.47700. Price retraced back to retest the broken demand as new supply before a potential continuation of the drop lower. Price rallied back into the zone at 1.48875 then formed candle closes inside the zone followed by a H4 bearish engulfing candle with candle closes below the zone. Took sell positions during London session at 1.48930 with SL at 1.49200. Setup taken is a rally base drop, a reversal setup and my 1st target is at 1.47480 before price either reverses or breaks below and drops lower to the next major H4 & daily demand zone. Price failed to break below 1.48850 and instead reversed and rallied higher to th...

ETHEREUM (ETHUSD) MARKET ANALYSIS

Image
Good evening traders, it's an amazing weekend as we approach the Christmas festivities next week after a close of the trading week yesterday. This weekend I'm watching out for ETHUSD as price rallied into a key H1 & H4 supply zone at 3549.84 & 3467.15 which is the origin of the previous drop to the H1 & H4 low at 3101.20. Price rallied into the key supply zone on H1 & H4 at 3549.84 and formed rejections with candle closes inside supply followed by a drop in a constant push away from supply with candle closes below supply confirming the bearish sentiment.  Took sell positions at 3435.51 with SL at 3500.00. Setup taken is a rally base drop, a reversal setup and my target is at 3065.00 Price gained momentum dropping 160 pips to the 1st H1 low at 3300.00 confirming the shift in market structure to bearish. Price retraced forming a lower high before a continuation of the drop lower. Price dropped lower breaking the H1 low and forming lower lows at 3230.00 missing the...

MEMBERS LIVE ANALYSIS SESSION PART 2

Image
Good morning traders, here's a part 2 of the live analysis session done together with members of the Chase Capital Trading Community. We share deeply detailed insights and analysis on various currencies that are on our watchlist for the week. Listen, learn and enjoy.

MEMBERS LIVE ANALYSIS SESSION PART 1

Image
  Good afternoon traders, it's a bright afternoon today but a bit dull in the markets as there's slow movements in the charts. However, it's become brighter as we held our Chase Capital Member's live analysis session yesterday and it was amazing. The feedback shared by our members on their trading journey progress has been phenomenal and we are happy and proud to walk this journey together. The impact Chase Capital is making on traders is being heard and felt firsthand from the experiences shared in this video by members of the Chase Capital Trading Community. Listen, learn and enjoy.

USDCHF MARKET ANALYSIS

Image
  Good morning traders, it's the first week of the last month of the financial year. It's important to make the best out of the remaining time in the markets before the year ends. Into the markets today, USDCHF price rallied back to a major H1, H4 & daily supply zone at 0.89180 & 0.88780 which was the origin of the previous drop to the H1 demand zone at 0.88270 & 0.88070. Price has filled the H1 & H4 range from the major H1, H4 & daily supply zone to the H1 & H4 demand zone and back to the major H1, H4 & daily supply zone. Price rallied into supply and formed a strong rejection wick on H1 & H4 with candle closes below supply followed by a H1 bearish engulfing candle. Took sell positions during NY session at 0.89770 with SL at 0.89000. Setup taken is a rally base drop, a reversal setup and my target is at the next major H4 & daily demand zone at 0.87330 & 0.86940. Price dropped gained bearish momentum during NY session dropping 50 pips in ...

USDJPY MARKET ANALYSIS

Image
  Happy December traders, it's the last month of the year and I hope you're all doing well. Into the markets today I am watching out for USDJPY where price dropped and broke below a major H4 & daily demand zone at 151.800 & 150.730 and formed a lower low on H1 & H4 at 149.500. Price retraced to retest the broken demand as new supply before a potential continuation of the drop lower. Price retraced to 150.730 missing my sell limit at 150.800 and dropped by a strong H1 bearish engulfing candle. Took sell positions during London session at 150.350 with SL at 150.800. Setup taken is a rally base drop, a reversal setup and my target is at 147.300. Price dropped 200 pips to 148.700 forming new lower lows confirming the bearish sentiment. Price then retraced and rallied back to supply at 150.730 which is the origin of the previous major drop to 148.700. Price filled the 1st minor H1 range from the major H4 & daily supply zone to the H1 & H4 low and back to the majo...