Daily technical & fundamental analysis for multi-forex pairs

[luckyanand12]

NZD/USD sell trade for Managed Forex Accounts of Keon Consultancy |
NZD/USD analysis :

NZD/USD, after making a bearish divergence on H4 time-frame, was tending to retrace down. Having observed the candle patterns, we have figured out an ABCD retracement. Here is what all we see on H1 & H4 time-frames and how we entered :

Risk: If an H4 closes above C, we will exit the trade.

 

[luckyanand12]

NZD/USD sell trade for Managed Forex Accounts of Keon Consultancy |
NZD/USD analysis :

NZD/USD, after making a bearish divergence on H4 time-frame, was tending to retrace down. Having observed the candle patterns, we have figured out an ABCD retracement. Here is what all we see on H1 & H4 time-frames and how we entered :
View attachment 55684

View attachment 55685

Risk: If an H4 closes above C, we will exit the trade.

It had hit TP.

 

[luckyanand12]

Analysis of EUR/USD, USD/JPY and EUR/JPY to determine buy trade in EUR/JPY | Forex Fund Manager
EUR showed significant strength yesterday, here is what all we observed on major pair, EUR/USD:

• Almost all major currencies, such as GBP, AUD, NZD, CAD and CHF, fell against USD yesterday but EUR rose
• EUR/USD has already been trading above MACD predictor
• It has been trading in an up trending channel
• It looks like butterfly is under formation.

EUR/USD chart:

Along with EUR/USD, USD/JPY showed a significant bullish move yesterday as it made an engulfing candle pattern on Daily/D1 time-frame:

Since both EUR/USD and USD/JPY were bullish yesterday, we tried to find out an opportunity to buy EUR/JPY today and here is what all bullish factors we observed on Daily/D1 time-frame of EUR/JPY:

We see Bread & Butter chart pattern here. Following bullish thrust, market usually moves in direction of the thrust to 61.8% of the fall. This is called a Bread & Butter Buy Trade.

The screenshot of H1 time-frame of EUR/JPY below describes how exactly and when we entered buy in EUR/JPY.

Note that we have moved Stop Loss (SL) to Break Even (BE) point.

 

[luckyanand12]

EUR/USD Buy Trade Explained | Butterfly under construction | Forex Fund Manager | Keon Consultancy

Read this EUR/USD analysis to understand our bullish context in detail.

The screenshot displays entry and exit levels:

Note, especially for clients: The Butterfly Under Construction had already been identified on July 9, 2020 as the price had crossed above B and trade had been entered on same day. This trade may take many days, which is why we are revealing its analysis late.

 

[luckyanand12]

Analysis of EUR/USD, USD/JPY and EUR/JPY to determine buy trade in EUR/JPY | Forex Fund Manager
EUR showed significant strength yesterday, here is what all we observed on major pair, EUR/USD:

• Almost all major currencies, such as GBP, AUD, NZD, CAD and CHF, fell against USD yesterday but EUR rose
• EUR/USD has already been trading above MACD predictor
• It has been trading in an up trending channel
• It looks like butterfly is under formation.

EUR/USD chart:
View attachment 55687

Along with EUR/USD, USD/JPY showed a significant bullish move yesterday as it made an engulfing candle pattern on Daily/D1 time-frame:
View attachment 55688

Since both EUR/USD and USD/JPY were bullish yesterday, we tried to find out an opportunity to buy EUR/JPY today and here is what all bullish factors we observed on Daily/D1 time-frame of EUR/JPY:
View attachment 55686

We see Bread & Butter chart pattern here. Following bullish thrust, market usually moves in direction of the thrust to 61.8% of the fall. This is called a Bread & Butter Buy Trade.
View attachment 55689

The screenshot of H1 time-frame of EUR/JPY below describes how exactly and when we entered buy in EUR/JPY.
View attachment 55690

Note that we have moved Stop Loss (SL) to Break Even (BE) point.

Trade closed : Target reached

 

[luckyanand12]

GBP/USD analysis by a Forex Fund Manager of Keon Consultancy
The video illustrates how I analyzed GBP/USD and found an opportunity to enter a buy trade.

 

[luckyanand12]

Analysis of CHF, USD and CAD to determine buy in CAD/CHF and sell in USD/CAD | Forex Fund Manager
This videos illustrates my analysis of CHF, USD and CAD to determine a buy trade in CAD/CHF and a sell trade in USD/CAD.

 

[luckyanand12]

GBP/USD analysis by a Forex Fund Manager of Keon Consultancy
The video illustrates how I analyzed GBP/USD and found an opportunity to enter a buy trade.

 

[luckyanand12]

A simple range-bound trading in AUD/JPY | Forex Fund Manager | Keon Consultancy
We had already noticed lackluster movement in major paird of AUD almost two weeks ago. The pair did not make any significant progress up or down since then.

The graph shows how we have entered sell trades in AUD/JPY, it also shows exit and entry points.

 

[luckyanand12]

Tweezer tops candle pattern at CHF/JPY | Analysis by a Forex Fund Manager of Keon Consultancy
We observed a Tweezer Tops Candle Pattern on H4 time-frame of CHF/JPY along with MACD trend shifting to bearish. The graph displays entry and exit points of sell trades we've entered: