Overview 1. EURUSD Forex Majors Direction Confidence...

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Forex Majors Direction Confidence Level 1. EURUSD 2. USDCHF 3. GBPUSD 4. USDJPY 5. AUDUSD 6. NZDUSD 7. USDCAD 8. XAUUSD 9. XAGUSD The information is not to be construed as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product, or instrument; or to participate in any trading strategy. Readers should seek their own advice. Reproduction or redistribution of this information is not permitted. Overview Technical Analysis ★★ ★★ ★★ ★★ ★★★ ★★★

Transcript of Overview 1. EURUSD Forex Majors Direction Confidence...

Page 1: Overview 1. EURUSD Forex Majors Direction Confidence Levelaxitradercdn001.blob.core.windows.net/pdf/Axi... · Weekly Technical Report Last Week This Week Charts by Tradingview XAGUSD,

Forex Majors Direction Confidence Level

1. EURUSD

2. USDCHF

3. GBPUSD

4. USDJPY

5. AUDUSD

6. NZDUSD

7. USDCAD

8. XAUUSD

9. XAGUSD

The information is not to be construed as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product, or instrument; or to participate in any trading strategy. Readers should seek their own advice. Reproduction or redistribution of this information is not permitted.

Overview

Technical Analysis

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The information is not to be construed as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product, or instrument; or to participate in any trading strategy. Readers should seek their own advice. Reproduction or redistribution of this information is not permitted.

Weekly Technical Report

1st Support 2nd Support 1st Resistance 2nd Resistance

Last Week

Today

Charts by Tradingview

EURUSD, H4

EURUSD Approaching Resistance, Potential for A Reversal

1.1252 - 1.1348 1.1454

Price bounced off our support perfectly and rose nicely towards its

resistance.

Price is approaching its first resistance at 1.1348 where it could potentially

reverse from there and move towards its

first support at 1.1252. Stochastic is also making a

similar approach to its resistance at 89% where

we could see a corresponding reversal.

Page 3: Overview 1. EURUSD Forex Majors Direction Confidence Levelaxitradercdn001.blob.core.windows.net/pdf/Axi... · Weekly Technical Report Last Week This Week Charts by Tradingview XAGUSD,

The information is not to be construed as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product, or instrument; or to participate in any trading strategy. Readers should seek their own advice. Reproduction or redistribution of this information is not permitted.

Weekly Technical Report

1st Support 2nd Support 1st Resistance 2nd Resistance

Last Week

Today

Charts by Tradingview

USDCHF, H4

USDCHF Approaching Resistance, Potential Drop

1.0006 - 1.0112 1.0152

We caught the reversal nicely below our first resistance before it

broke our first resistance level.

Price is currently hovering over our first support

level. We could see a rise towards our first

resistance where a reaction could occur

pushing price back down to our first support level.

Page 4: Overview 1. EURUSD Forex Majors Direction Confidence Levelaxitradercdn001.blob.core.windows.net/pdf/Axi... · Weekly Technical Report Last Week This Week Charts by Tradingview XAGUSD,

The information is not to be construed as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product, or instrument; or to participate in any trading strategy. Readers should seek their own advice. Reproduction or redistribution of this information is not permitted.

Weekly Technical Report

Last Week

This Week

Charts by Tradingview

GBPUSD, H4

GBPUSD Bounced Off Major Support, Potential Rise

1.2978 1.2769 1.3231 1.3357

Price bounced perfectly above our first support level and is rising nicely

towards our first resistance.

Price bounced from its first support at 1.2975 as forecasted where it could potentially rise further to its resistance at 1.3199.

Stochastic has also bounced off its

intermediate support which corresponds to the

bounce we’re seeing in price.

Intermediate resistance 1st Resistance1st Support 2nd Support

Page 5: Overview 1. EURUSD Forex Majors Direction Confidence Levelaxitradercdn001.blob.core.windows.net/pdf/Axi... · Weekly Technical Report Last Week This Week Charts by Tradingview XAGUSD,

The information is not to be construed as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product, or instrument; or to participate in any trading strategy. Readers should seek their own advice. Reproduction or redistribution of this information is not permitted.

Weekly Technical Report

1st Support 2nd Support 1st Resistance 2nd Resistance

Last Week

Today

Charts by Tradingview

USDJPY, H4

USDJPY Approaching Resistance, Potential Drop

110.88 - 112.22 113.00

Price rose past its first resistance and is now

testing strong resistance at 112.22.

Price is approaching its first resistance at 112.22

where it could potentially reverse to its first support at 110.88. Stochastic approaching

resistance as well where a corresponding reversal

could occur.

Page 6: Overview 1. EURUSD Forex Majors Direction Confidence Levelaxitradercdn001.blob.core.windows.net/pdf/Axi... · Weekly Technical Report Last Week This Week Charts by Tradingview XAGUSD,

The information is not to be construed as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product, or instrument; or to participate in any trading strategy. Readers should seek their own advice. Reproduction or redistribution of this information is not permitted.

Weekly Technical Report

1st Support 2nd Support 1st Resistance 2nd Resistance

Last Week

Today

Charts by Tradingview

AUDUSD, H4

AUDUSD Approaching Major Resistance, Potential Drop

0.7047 - 0.7166 0.7198

Price rose as forecasted towards our first

resistance level and is hovering around that

level.

Price could potentially reverse off its first

resistance at 0.7188 where it could fall to its

first support at 0.7123. Stochastic reversed from its

resistance where a corresponding drop

could occur.

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The information is not to be construed as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product, or instrument; or to participate in any trading strategy. Readers should seek their own advice. Reproduction or redistribution of this information is not permitted.

Weekly Technical Report

1st Support 2nd Support 1st Resistance 2nd Resistance

Last Week

Today

Charts by Tradingview

NZDUSD, H4

NZDUSD Bounced Off Major Support, Potential For Further Rise

0.6721 - 0.6829 -

Price bounced perfectly from our first support as forecasted and is rising nicely towards it’s first

resistance level.

Price is testing a key intermediate resistance

level and a strong breakout of this level

(0.6767) could see a nice push up to our first resistance level at

0.6829.

Page 8: Overview 1. EURUSD Forex Majors Direction Confidence Levelaxitradercdn001.blob.core.windows.net/pdf/Axi... · Weekly Technical Report Last Week This Week Charts by Tradingview XAGUSD,

The information is not to be construed as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product, or instrument; or to participate in any trading strategy. Readers should seek their own advice. Reproduction or redistribution of this information is not permitted.

Weekly Technical Report

1st Support 2nd Support 1st Resistance 2nd Resistance

Last Week

Today

Charts by Tradingview

USDCAD, H4

USDCAD Approaching Support, Potential Bounce

1.3295 1.3229 1.3407 -

Price broke our first support level previously.

Price is approaching our first support level where we might see a bounce

in price to our first resistance level.

Page 9: Overview 1. EURUSD Forex Majors Direction Confidence Levelaxitradercdn001.blob.core.windows.net/pdf/Axi... · Weekly Technical Report Last Week This Week Charts by Tradingview XAGUSD,

The information is not to be construed as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product, or instrument; or to participate in any trading strategy. Readers should seek their own advice. Reproduction or redistribution of this information is not permitted.

Weekly Technical Report

Last Week

This Week

Charts by Tradingview

XAUUSD, H4

Gold Reaching Support, Potential Bounce

1283.93 1274.05 1300.42 -

Price has bounced perfectly above our first

support to our first resistance level.

Price is approaching our first support where we could see a nice bounce from to reach our first resistance at 1300.42.

Stochastic is also testing key support at 8.1%

where a corresponding bounce could occur.

1st Resistance 2nd Resistance1st Support 2nd Support

Page 10: Overview 1. EURUSD Forex Majors Direction Confidence Levelaxitradercdn001.blob.core.windows.net/pdf/Axi... · Weekly Technical Report Last Week This Week Charts by Tradingview XAGUSD,

The information is not to be construed as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product, or instrument; or to participate in any trading strategy. Readers should seek their own advice. Reproduction or redistribution of this information is not permitted.

Weekly Technical Report

Last Week

This Week

Charts by Tradingview

XAGUSD, H4

Silver Approaching Support, Potential Bounce

14.79 14.40 15.56 -

Price had bounced nicely above our 1st support

level previously.

Price is approaching our first support level where we might see a bounce

above this level to our first resistance level. A break above our intermediate resistance level might

provide the bullish acceleration to our first

resistance level at 15.56.

1st Resistance 2nd Resistance1st Support 2nd Support