The chart below of the EURUSD pair is currently trending to the down side making lower lows and lower highs. If looking to trade EURUSD , traders should be patient and wait for price to push higher. Waiting for price to push higher above the equilibrium level (Blue) and into the premium sell zone (Purple) […]

In the daily time frame chart below, GBPCAD has broke the bearish lower low lower high sequence and can be setting up for another round higher. There are possible demand zones/buy zones where buyers can be waiting to push the pair higher. GBPCAD Daily Chart June 26 2022 The 4 hour chart also shows the […]

A bullish pattern is visible on the GBPJPY 1 hour time frame. The blue bullish pattern still needs to make a push lower to complete point D at the BC 0.50% Fib. retracement level  where GBPJPY can possibly find buyers to push the pair higher. There are a couple Demand Zones below the BC 0.50% […]

The USDJPY pair has been trending higher since the start of 2021. Most recent low was terminated on May 24 2022 and has bounced higher since. At the current moment there are visible signs that another round higher could be starting. We, at EWF, always recommend our members to trade with the trend and not […]

On June 6 2022 I posted on social media @AidanFX  “ EURAUD : I will be watching the 1.4890 area for possible selling opportunities against 1.4920 stop loss and targeting the 1.4790-1.4760 area.“ Confluence trading is a combination of two or more trading strategies/techniques that come together and form a high probability buy/sell zone in […]

The CADJPY chart below was posted on social media @AidanFX on May 25 2022 showing price terminating wave 2 (B alternate) in Demand Zone (Light Blue) and looking to see a reaction higher from the zone. Stochastic indicator showing divergence from wave ((a)) low to wave ((c)) low and hit oversold levels confirming a possible […]