Retracement of piled up liquidities can be expected on GBPCHF where we can just try put an alert on this area so we can’t miss the selling opportunities.
Another good setup can be seen on GBPCAD where we can try to just wait for the retracement to finish to this selling area. Sell limit can be placed with SL above the area.
Some other forecasts can be expected on this week’s webinar presented by analyst in FreshForex. Be sure to be prepared for another ones.
Let’s try to sell USDCHF where you can try this with the SL above it. This can be a short term sell, waiting for another buying opportunity…
AUDUSD can be seen to buy around this demand area. A good approach has been spotted to confluence our buying setup here…
Another webinar can be expected on FreshForex’s website where we will discuss another simple analysis on some other pairs…
We can still try to buy on this demand as the first touch failed to breach the compression. Try again this week on any confirmation on the lower timeframe.
Another one comes from EURUSD where we can try to wait for a retracement on this selling area. Be sure to see a slower move towards this area or else, look for any confirmation on the lower timeframe.
Gold can be waited this week for any retracement towards this newly made area. Just be sure to not put any sell limit as the price can be fluctuated so sudden.
The last one this week is USDJPY where we can also wait for a sell during any retracement later around this area.
Some other simple setups can be seen on the website. FreshForex is also providing weekly webinars for this kind of simple analysis.
Let’s try to ride the current wave by waiting for retracements. AUDUSD has shown major downtrend as we can wait the price to retrace to this area…
The same setup goes to NZDUSD where we can also wait around this area for the price to retrace and to sell later.
We can also try to wait for selling on GBPJPY around this price area. A sell limit can be placed despite the higher SL point as the reward can be bigger than that.
GBPAUD has a similar setup with GBPJPY, this has a chance to be triggered at the same time but we will see once the price hitting this area.
Another webinar can be expected today from FreshForex’s website. Another market forecast on some other pairs will be discussed there later…
A similar setup is seen on GBPUSD where we can expect a fakeout around this area on retracement later.
USDCAD is going to be the next one where we have to wait for any buying confirmation around this area. Just wait and see on this one.