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GBPUSD MARKET ANALYSIS

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  Hello traders, here's another update on GBPUSD from the trades shared on the weekly outlook. Feel free to refer to it and check it out if you haven't. Into the markets, GBPUSD price broke above a major H4 & daily supply zone at 1.26250 & 1.25595 which was the origin of the previous major drop to the H4 demand zone at 1.23800 & 1.23150. Price filled the H4 & daily range from the major H4 & daily supply zone to the H4 demand and back to the major H4 & daily supply zone. Price broke above supply and formed higher highs on H4 at 1.26800 then retraced to retest the broken supply as a new demand before a continuation of the rally higher. Took buy positions during London session at 1.26273 with SL at 1.26000. Setup taken is a rally base rally, a continuation setup and my target is at 1.27800.

USDCHF MARKET ANALYSIS

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  Wassup traders, I hope you're all doing well and active in the charts. Into the markets today I am looking at USDCHF where price dropped into a major H4 & daily demand zone at 0.90330 & 0.89950 which was the origin of the previous rally to the major H4 & daily supply zone at 0.92150 & 0.91720. Price filled the H4 & daily range from the major H4 & daily demand zone to the major H4 & daily supply zone and back to the major H4 & daily demand zone. Price broke below the major H4 & daily demand zone and formed lower lows on H1 & H4 at 0.89790 followed by a retest of the broken demand as a new supply before a potential continuation of the prevailing bearish trend. Took sell positions during London session at 0.89934 with SL at 0.90140. Setup taken is a drop base drop, a continuation setup and my target is at the next major H4 & daily demand zone at 0.89130.

WEEKLY MARKETS OUTLOOK

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  Good afternoon and happy Sunday to everyone. It's a bright Sunday afternoon and I'd like to share my outlook for what to expect in the coming week in the markets. WEEKLY OUTLOOK Objective To analyze the markets for potential opportunities in the coming week. Thesis : 1. NAS100 MARKET ANALYSIS Observe the H4 & Daily supply zone at the ATH for potential reversal. Observe the weekly close for confirmation of shift in market structure. Review the ranges on H4 & daily and identify the OTM's within the H1, H4 & daily range. Wait for market open and watch our for potential retest of supply before a potential continuation of the drop lower. 2. AUDUSD MARKET ANALYSIS Confirmation of the RBR setup with price breaking supply and rallying higher. Bullish breakout, retest and continuation of the rally higher forming higher highs. Observe the weekly close for confirmation of the trend. Review the ranges on H1 & H4 and identify the OTM's within the ranges. Wait for m...

AUDUSD MARKET ANALYSIS

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  Good afternoon traders, I hope you're all doing great. Into the markets I'm looking at AUDUSD where price rallied to a major H1 & H4 supply zone at 0.63230 & 0.62880 which is the origin of the previous drop to the major H4 demand zone at 0.61830 & 0.61360. Price has filled the H4 range from the H1 & H4 supply zone to the major H4 demand zone and back to supply. Price rallied into supply and formed rejections with candle closes inside supply followed by a slight drop. Took sell positions during NY session at 0.62768 with SL at 0.62880. Setup taken is a rally base drop, a reversal setup and my target is at 0.61800 inside the major H4 demand zone.

CHASE CAPITAL 1ST MEETING 2025

  Happy Sunday traders, I hope you're all doing well and getting ready for the new trading week ahead. As you wait for that, here's our 1st meeting of the year as we catch up with members of the trading community and analyze the markets for potential trading opportunities. We also invite interested individuals to our trading community which accepts traders of all levels. Listen, learn and enjoy.

NZDUSD MARKET ANALYSIS

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  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

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  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...