Pips&Bears

Pips&Bears

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Practical Trading Strategies and Techniques, Daily FX chart analysis and trade signals

19/10/2021

Signal & Chart Analysis Today: EUR/SGD Daily TF. Very interesting technical formation from EUR/SGD Price action. Stochastic indicators Clearly signals an oversold position we could see the bulls buying the Euro at these level. This could be another pip catching opportunity opening a buy position at 1.56770 as we target a strong buy up to September high at 1.58812. May the markets be with us. Trade wisely!

20/09/2021

Chart Watch: GBP/CHF H4 Timeframe. The pound selling off nicely as the bears take a short term control of the market. we can see the candles heading towards the diagonal support level for a retest. will this present another buying opportunity for the bulls. Hold or break? only time will tell as we await confirmation signals.

25/08/2021

Signal: GBP/CHF Setup looking really cool as we clearly see a bounce off from the 200ma support line and stochastic indicator signaling an oversold position for GBP. this a level we believe the bulls will be very interested in. Opening position at price level 1.25490 with no set targets. May the markets be with us.

23/08/2021

Signal: Time to go Short on EUR/JPY as we hope to catch some good pips selling EUR. opening trade position at price level 128.814 free setup

20/08/2021

Chart Watch: CAD/JPY Daily timeframe. focus still on the CAD/JPY pair as we see clearly on the chart a convincing breakout off the shoulder formation(support level). This is a descent pip catching opportunity for the Bears. Be on the lookout for a price correction as the pair is currently oversold on the MACD indicator which could be the best time to enter the market at a better price. Gear up and sit tight as we await bearish confirmation signals.

19/08/2021

Chart Watch: CAD/JPY Daily. it was a successful run for the bears as we claimed 141 pips shortening the CAD/JPY pair following the Head and shoulder technical formation. Congratulations to all who followed the signal posted 2days ago. We have seen bearish candles move closely towards 200ma and the major support level for another retest.. What's next? break out or rebound?

19/08/2021

CHART WATCH: NZD/JPY DAILY TF. Break out from major support level. Time for the bears to go short on NZD as we hope to catch another 72 pips.

18/08/2021

SIGNAL: GBP/CHF confirmation signal ready. Time to buy opening trade at price level 1.25913, Take profit at 1.26660 catching 72-76 pips. may the markets be with us

18/08/2021

CHART WATCH: GBP/CHF Daily TF. pretty nice range setup for the GBP/CHF pair on the daily time frame. the pair has been in a consolidated state since April 2021. its about time for another range play for the bulls as the candles are currently testing the major support level. Can the bulls hold this time?. Analysis shows the 200ma also acting as a support in line with the support levels. currently the candles are sitting right on 38.2 fibo retracement level. This could be the right time to buy. Gear up and wait for a bullish confirmation candle. May the markets be with you.

17/08/2021

Chart to Watch: NZD/JPY Daily TF. Anticipate another Pip catching opportunity as we see a retest on a major support level. can the bulls hold on this time or could this be possible breakout for the bears. buckle and gear up as we wait patiently for the signals.

17/08/2021

Chart Watch: CAD/JPY Head and Shoulder pattern formation spotted on the Daily TF. Time to catch some pips as we go short on CAD/JPY. bounce off the the shoulder formation (resistant level) predicts a possible retest of the major support level (neck line).

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