Vladimir Ribakov discusses the EURGBP pair in his daily analysis.
Important down trend line was broken and he believes we should be looking for buy opportunities in the short term
There is major support around 0.8300. If the pair manages to push lower, creates a bullish divergence around this level
we will be looking to buy. Alternatively we can enter buy trade once the H1 channel is broken to the upside.
TP1: 0.8420
TP2: 0.8460
SL: below 0.8260
Yesterday fundamentals pushed the pair higher to break the 0.8540 zone and the up trend line. The pair will probably continue higher
after a small retrace. If the pair corrects itself to around the H4 up trend line and the support zone 0.8510 and 0.8480, makes a stop with bullish
candle pattern and bullish divergence we can enter buy trade.
TP1: 0.8590
TP2: 0.8640
SL: 0.8420
In his daily analysis Vladimir Ribakov discusses the USDCAD.
The broken down trend line of the H4 chart has been tested a few times and the pair failed to break it down.
He thinks buying dips in the short term along with bullish divergence will provide a very good risk:reward trade
setup.
TP1: 1.1150
TP2: 1.1200
SL: 1.1040
Vladimir Ribakov discusses short term opportunity in EURUSD in his weekly market analysis.
We are looking to buy dips around 1.3810/00 support zone. There is up trend line coinciding with the support levels. If the pair corrects itself
and manages to create bullish divergence on lower timeframe we will enter a buy trade.
TP1: 1.3990
TP2: 1.4040
SL: below the trend line and the support
Vladimir Ribakov analyses the USDCAD in his daily market forecast.
We have 2 sell scenarios for the pair. Triangle has formed on the daily chart so we can sell once the price breaks and closes below the formation.
Alternatively we can drop to H4 chart and wait for the prices to reach the upper band of the triangle and form bearish divergence to sell it.
TP1: 1.1020
TP2: lower band of the triangle
SL: above last high created
Vladimir Ribakov explain the NZDUSD opportunity in his live trading room today.
He believes the rally in NZDUSD isn’t over yet so we are looking to buy. There are 2 up trend lines on the H4 chart. We are looking for bullish divergence on the lower time frames around the most recent H4 up trend line or alternatively
if the break of the down trend line on the M15 chart is confirmed we can enter a buy trade.
TP1: last high
TP2: 0.8800
SL: below the trend line and the support in the first scenario
below the broken trend line and the resistance in the second scenario
There is up trend line on the H4 chart and strong support around the 141.00 zone. If the pair manages to break and close below both we can enter a sell trade.
Alternatively it might push a bit higher to the resistance and create bearish divergence. This could be our sell trigger as well.
TP1: 139.00
TP2: 138.60
SL: scenario 1: above broker trend line and support
scenario 2: above resistance
Vladimir Ribakov’s analysis from today’s market forecast are about the EURUSD
We are looking forward to sell rallies in the pair. Yesterday’s broken support may now act as resistance around
the 1.3820/30. In case bearish divergence is created around the levels mentioned above we will look for bearish candle
pattern to enter a sell. Keep in mind it is Friday so only enter when the trade setup is confirmed.
TP1: 1.3720
TP2: 1.3660
SL: 1.3860
Vladimir Ribakov’s weekly market forecast explains the trading possibility for EURJPY.
Last week the pair broke an important up trend line after the FED’s interest rate decision. He thinks EURJPY will continue lower and there are two ways to sell it. We can sell on the break of the H4 chart RSI up trend line break or alternatively if the pair moves higher to the resistance levels around 142.00/142.30 and the down trend line of the H4 chart and makes a stop with bearish divergence
we will be looking to sell.
TP1: 139.00
TP2: 138.00
SL: above 142.30
In his daily analysis Vladimir Ribakov explain the sell opportunity in AUDCAD. The pair is in front of resistance on D1 chart which coincides with two trend lines suggesting for a very strong level. We are looking to sell the break of the H4 up trend line and the support at around 1.0190. Note that we need a H4 candle
to close below the level.
TP1: 1.0120
TP2: 1.0050
SL: above the broken trend line and the support
In today’s Live Trading Room one of the pairs Vladimir Ribakov analysed was the USDCAD.
We are looking to buy the pair around the H4 chart up trend line and support zone at around 1.1100.
If the pair drops a bit lower and forms bullish divergence on the H1 chart, we can enter buy trade on a bullish candle trigger.
Alternatively there is a down trend line on the H1 chart that we are also following. If the pair moves higher,
breaks and closes above the down trend line along with the resistance at 1.1190 we can go long.
TP1: 1.1280
TP2: 1.3220
SL: below 20 MA on D1 chart in first case
below the broken down trend line and resistance in second case
Vladimir Ribakov’s analysis for the day focus on the EURCAD.
The pair broke the up trend line on D1 chart. If it re-tests the broken trend line and the resistance around 1.5350 we can jump into a sell trade.
TP1: 1.4800
TP2: 1.4640
SL: 1.5400
In his Weekly forecast and market analysis Vladimir explains the opportunity for EURUSD. He thinks the pair will continue lower after consolidation. We are looking to sell if EURUSD pushes higher around the resistance zone (1.3830/50) and forms bearish divergence. Pair has to respect the down trend line
and last high around 1.3870 for this scenario to be valid.
TP1: 1.3650
TP2: 1.3600
SL: 1.3880
Vladimir Ribakov discusses the EURCHF pair today and the buy opportunity we might see soon.There is a channel on the H4 chart. We are looking for a move down to the channel trend line. If that happens and the pair manages to form bullish divergence around it and the support at 1.2150/60 we will be looking to buy in the short-mid term.
TP1: 1.2210
TP2: 1.2240
SL: 1.2120
Today In his live trading room Vladimir Ribakov explains the trading setup forming in NZDUSD. Pair finally broke the up trend line which is a bearish sign. We are waiting for pullbacks that will bring the pair closer to the
broken trend line on the H1 chart and create a bearish candle pattern in order to jump into a sell trade.
TP1: 0.8510
TP2: 0.8470
SL: above 0.8680
As NFP is around the corner it is a good idea to trade the crosses. AUDNZD has an up trend line on the H4
chart and major support zone around 1.0700. If the pair retraces to around the trend line and the support and forms
bullish divergence we will be looking to go long.
TP1: 1.0860
TP2: 1.0920
SL: 1.0650
Vladimir Ribakov’s Weekly technical analysis suggest that the pair is gaining bearish momentum and he thinks we should be looking to sell any major rally. If the pair pushes higher to the resistance zone around 103.80 and forms bearish divergence on the H4 we can look for a sell trade. Remember the pair must hold the critical 104.11
TP1: 102.4
TP2: 101
SL: 104.20
Pair has formed a channel and bullish divergence on the H4 chart. We are looking forward to buy around the support zone
at 0.8840/50. The trigger will be bullish divergence around the channel’s lower band and the support zone
on the H1 chart. NB: Channel must hold for this scenario to be valid
TP1: 0.8920
TP2: 0.8950
SL: break and close below the channel on the H4 chart
Vladimir Ribakov analysis the USDJPY in his weekly market forecast.
Pair is forming bearish continuing divergence on the monthly chart meaning that we can look to sell in the medium term.
If the pair breaks and hold below the critical support around 101.20 we will look to sell once the prices re-test and hold below this level.
Alternatively we can look to sell any major rally as longs as the pair is trading below 102.50/80.
TP1: 100.00
TP2: 99.10
SL: above the broken support in first scenario
above 102.80 in the second scenario
In his daily analysis Vladimir Ribakov discusses Oil.
Recent events in Ukraine have pushed Oil prices higher. Commodity is now at important resistance level and it might
bounce from it. There is a range forming on the H4 chart. If prices break and close below the support zone around 103
we will look to go short.
TP1: $101.50
TP2: $101
SL: above the broken support
