Today Vladimir Ribakov’s market analysis show the potential buy opportunity in EURNZD
Pair is moving towards an up trend line and a support zone (H4 chart). Looking at the H1 chart we want the pair to drop a bit more to around 1.63 zone and closer to the trend line and create
a bullish divergence. This will be our trigger for a buy trade.
TP1: 1.6500
TP2: 1.6580
SL: below the trend line and last low created
In his daily analysis Vladimir Ribakov explains the setup forming in Gold.
There is a triangle forming on the H4 chart. A break to the up or down side will be the trigger for either a buy or a sell. In other words a break above 1272/75 leve and we will go long or if it breaks 1240 we will be selling.
Break and close above/below is required for this setup to be valid in order to avoid false break.
Buy scenario:
TP1: 1290
TP2: 1300
SL: below broken resistance
Sell scenario:
TP1: 1210
TP2: 1190
SL: below broken support
Vladimir Ribakov explains the great buy setup forming in NZDUSD in his weekly review.
The 0.8000 level was respected during last week and the pair started moving up. Where are looking to
buy dips on the H4 chart. There is a strong support around 0.8240/30 and an up trend line. If the pair
retraces down and forms bullish divergence near these levels we will be looking to buy. NB: 0.8230/20
has to hold in order for this setup to be valid.
TP1: 0.8340
TP2: 0.8420
SL: below the support and trend line
Pair has over 20 candles ride on D1 chart and it has formed bearish hidden divergence on the H4 chart.
M30 and M15 are also showing bearish divergence so we are looking to sell rallies. 1.1150 must hold in order for this setup to be valid.
TP1: opposite Bollinger Band on H1
TP2: 20 MA on D1
SL: above 1.1150
Vladimir Ribakov analysis the AUDUSD pair today and is suggesting a sell setup to watch for.
Pair is approaching important resistsance levels such as 0.9080.
We are following the H4 up trend line and the most recent support level. Once we get the double
break and close below both we will be selling the pair
TP1: 0.8910/20
TP2: 0.8850/40
SL: above last high created
The pair has rejected the recent support and it is moving higher again. We are following the
broken down trend line on the H4 chart. There are 2 options to enter a buy. If the price manages
to retrace and retest the broken line and forms a bullish divergence we will go long.
Alternatively it might create a flag which we will follow for a break and then enter buy trade.
TP1: 1.5460/70
TP2: 1.5550
SL: below 1.5130
The pair has created hidden bearish divergence on daily chart and is also coming to resistance zone and
down trend line so we are looking to sell. H4 chart up move duplication is confluencing with the above mentioned
levels which adds up bearish view and confirms our entry zone. We are looking to sell around 0.8380/90 level or higher.
The higher it pushes the better. Once it completes bearish divergence on the H4 chart around the price levels we want it to and
creates a bearish candle pattern we will be selling.
TP1: 0.8260
TP2: 0.8200/10
SL: 0.8450/60
Pair broke through critical resistance around 1.3650/50 as well as the daily channel which means we will be
looking for buy setups. On the H4 chart there is an up trend line along with key support at 1.3630/40. If the pair
retraces to above mentioned levels and creates bullish divergence + candle pattern we will be buying.
TP1: 1.3740
TP2: 1.3810
SL: if prices close below the H4 up trend line
I still keep my bullish view for the mid-term but in shorter term we might have a nice sell opportunity.
We are looking for a double break and close below the up trend line on the H1 chart along with most recent support
currently at 1.3690.
TP1: 1.3650
TP2: around 1.3630 (next up trend line on H4)
SL: above last high
In today’s analysis Vladimir Ribakov explains the forming opportunity in Oil.
Commodity is approaching major strong resistance on D1 chart. On the H4 chart we are looking for a double break and close below the current support zone
(101.80/101.20). Once the price closes and re-tests the broken line we can jump into a sell trade.
TP1: 98
TP2: 96
SL: above the broken trend line and support
Vladimir Ribakov has analysed the cable in its daily market forecast today.
The pair has formed a wedge on the H4 chart and there is clear resistance around 1.6690/1.67. We are looking for a clear break and close above in order to enter a buy trade. In case prices push lower we will have to re-analyze the situation.
TP1: 1.68
TP2: 1.69
SL: below broken wedge and resistance
Pair is forming bullish divergence on the D1 chart and is coming closer to strong support zone.
H4 chart has down trend line and resistance around 1.2200/10. Once the pair breaks the trend line and the resistance
and confirms the break with a close above the mentioned level we can enter a buy trade.
TP1: 1.2280
TP2: 1.2310
SL: below last low created
Today Vladimir Ribakov is analysing NZDUSD
Pair is coming closer to major resistance zone around 0.8350/60 followed by 0.8380/90 as seen on H4 chart. There is hidden bearish divergence developing so we are looking for short term sell opportunity.
On the H1 chart we will be looking for bearish divergence to form around 0.8350/60 in order to sell.
Alternatively we can sell the break of the up trend line together with support around 0.8310 on the H1 chart. Remember we need a break and close below.
TP1: 0.8220
TP2: 0.8160
SL: above 0.8400 /above broken trend line for second scenario
Vladimir Ribakov explains the short term sell opportunity forming on EURUSD in his analysis from today 27th of February.
The pair is breaking the H4 up trend line and it is around the critical 1.3650 support zone. We are looking for a clear double break and close below of both the trend line
and the support zone to jump into a sell trade.
TP1: 1.3600
TP2: 1.3560
SL: above broken TL and support
The daily market forecast of Vladimir Ribakov explain’s a short term opportunity in the EURCHF pair.
Pair is reaching important support around 1.2160 as seen on D1 and It is expected to bounce off of there.
We have 2 scenarios to follow in order to enter a buy trade. On the H1 chart pair is creating a double bottom with bullish divergence.
We can enter a buy trade once we have a candle confirmation and MACD is ticking to the upside. Alternatively we can wait for the break of the
H1 down trend line along with the most recent resistance and once the prices retest the break we can go long.
TP1: 1.2220
TP2: 1.2290
SL: below last low created in the 1st scenario & below the broken trend line + resistance in the second one
Vladimir Ribakov’s weekly review of the markets is focusing on the Euro.
According to weekly chart the pair might try to reach the up trend line around 1.40 or even higher.
This is why we are looking to buy dips. On the H4 chart there is up trend line + support zone around 1.3770/20. If the pair manages to retrace to the mentioned levels and creates
bullish divergence on the H1 chart we will be looking to buy.
TP1: 1.3880
TP2: 1.3980
SL: below trend line and support
In today’s live trading room of Vladimir Ribakov one of the greatest potential trade setups discussed was the EURAUD.
Pair is still in bullish trend so we will be looking to buy in the short term. There is a support zone at around 1.5300 and an up move trend line. If the pair falls a bit furter and forms a bullish divergence
we can enter a buy trade.
TP1: last high
TP2: 1.5600/50
SL: below the trend line
Hottest pair from Live trading room of Vladimir Ribakov is USDJPY
There is a down trend line on the H4 chart and major resistance around 102.70/80. Pair is also showing hidden bearish divergence which means we will be looking to sell the currently forming bearish divergence on the H1 chart.
NB 102.70/80 must hold for this scenario to be valid.
TP1: 20 MA of H4
TP2: last low
SL: above 102.80
Vladimir Ribakov’s best choice of the day is the EURCAD
The pair broke the H4 up trend line along with the support around 1.5160/80 zone. We can enter a sell trade at the current price or wait for a little pull-back and then attack.
TP1: 1.5000
TP2: 1.4800
SL: above 1.5300
In the weekly analysis Vladimir Ribakov explains about the Euro.
ECB decided not to reduce the interest rates last week which resulted in a sharp up move for the pair. He thinks the pair is aiming for the 1.40 level so we are looking to buy dips. If the euro pushes lower
to around the H4 chart up trend line and the support at 1.3780/60 and manages to create bullish divergence on the H1 chart we will go long.
TP1: 1.3950
TP2: 1.40
SL: below 1.3750
