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Jackroay Trading Journal

CADJPY analysis / Swing trades setup ! EURGBP technical forecast ! EURCHF trade ideas ! Dated 1-14-2021

Greeting's to all.........

Today i am going to discuss technical analysis of some cross pairs like mention in my heading and i found good setup of these pairs then i am going to share with you last day early morning i share USD major pairs fundamental and technical view and give you suggestions stay away from that pairs trade because JOE BEDIN going to Oath but Trump not leave his seat and the crises are arising in USA and the USD major pair take a big spikes and so for the settlement of USA a condition then we leave trading in EURUSD GBPUSD USDINDEX USDCAD NZDUSD AUDUSD and then we are in safe haven..

CADJPY technical forecast !
Jackroay Trading Journal
This cross pair is testing its Supply area zone and here you see in my chart good selling opportunity because this is big supply zone and a lot of pending orders are place here by big institutional and banks and market going in bearish mode RSI indicator in D1 TF showing over bought condition and a good divergence also and big selling is at current price 81.82 and stop loss is only 100 pips and take profit is 450 plus pips.

Supply zone 81.82
Safe zone for stop out 82.85
Pending orders are suggested

EURGBP trade ideas !

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Jackroay Trading Journal
This is cross pair combination of EURO vs Pound and this pair is going to test same like CADJPY demand zone area and already market rejected in bullish move from here and now trade at 0.8913 and here two possibilities if break out then we enter in sell on retest and if found good candlestick sell pattern if not found then it may be a fake out and market again resume in bullish trend and GBP is under pressure of corona so becarefull in trading must be given stop loss and trade at your own risk.

EURCHF trade results !
Jackroay Trading Journal
This pair here i share with you two charts and share only results of my analysis and you see that how market follow my arrows as on the base of Elliot wave and price action simple setup and now you see that market this pair touch and hit my mention zone and now selling start in this pair and slow its down move start and soon it hit down my target of 300 plus pips move is expected in coming weeks have a nice month.

Jackroay Trading Journal

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*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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