EURUSD H4 - We saw the daily trend line being breached after months of consolidation. Price had a pullback on the Friday before close and now we are looking for a continuation of the bullish momentum. Await further bullish price action around the support of 1.13850 before going long. Possibly scale down into the H1 timeframe to find an entry trigger.

This is the analysis for the upcoming week. Please monitor closely and apply appropriate risk management. Below you can see the trades we currently have on and a results from the past week. Have a good trading week!

Trades closed in week:
NZDJPY (TP1) - 0.5% ✅
NZDJPY (SL) - -1% ❌
GBPCHF (TP1) - 0.25%✅
EURAUD (TP1) - 0.3%✅

Trades currently running:
GBPCAD - BE 🤝
GBPCHF - 0.75%✅
EURAUD - 0.75%✅


The above is based on a 1% risk on all trades.

Another successful week at big forex last week! EURUSD analysis posted here and more in premium, message @bigforexltd to find out more as to when to exactly enter!

Access to premium group only £29.50pm! 💰

GBPCAD H4 - TP1 hit. 25% of the trade taken.

GBPCAD H4 - Price almost at TP2 (1.69575) where we will take a further 50% of the trade.

GBPCHF H1 - Price has now broken the H4 trend line. SL should be at BE. Will let the price hit final TP from here.

GBPJPY H4 - Trade is nicely in profit. TP1 will be 155.500 where 25% of the trade will be taken.

EURUSD H4 - Price has reached the area of interest. Looking for a bounce in this area or possibly scale down to H1 timeframe to find a long opportunity.

Killing it in premium this week already! Don't miss out, only £29.50pm - message @bigforexltd to get involved

GBPUSD H1 - Short Opportunity.

Confluences:
Break of correction
Fib level retracement
Rejection off EMAs

SL & TP levels are just a guide. Please compare with your own analysis.

FREE TRADE

GBPUSD H4 - Unfortunately price would have stopped out the SL on the chart by a few pips. We are re entering with the parameters on this chart. Please bear in mind the SL can be increased to above the 50% level.

GBPUSD H4- Here are the parameters for the updated position.

GBPJPY H4 - TP2 hit. We have taken a further 50%.

Client profits 💰

Message @bigforexltd to get involved!

GBPUSD H4 - 1.35432 is our TP1 where we'll take 25% of the trade. Trade going well.

GBPJPY H4 - We have closed the remainder of the trade here. Last few candles have show signs of bearish weakness and as its Friday, its good to bank profits.