A1 Trading Forex Analysis

2021-02-02 22:32:12

Open / Comment

2021-02-02 17:28:12 S&P 500, Daily

SPX500 on the daily chart found big support around 3669 which is going to be a key level if the market takes another dip. The last few market days have been pretty volatile due to the rise in big speculative plays on certain stocks along with the rising concern of a market bubble getting too big. It would probably become a cause for concern if the SPX were to break under 3669 level of support, however the long wick on today's candle suggests rejection from the lows for now.

- Frank Open / Comment

2021-02-02 11:00:06 Weekly Forex Forecast

It’s not too late! Take a read through Bart’s forecast on GBPUSD, GBPCHF, GBPJPY & XAUUSD.

https://a1trading.com/feb0121 Open / Comment

2021-02-02 10:22:32 GBPAUD, H4

Price is now at the support of the previous descending triangle pattern which successfully broke out to the downside at 1.80. Waiting for some clear confirmation whether this will be seen as resistance of if price breaks higher and once again treats this as new support.

- Bart Open / Comment

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2021-02-02 00:00:06 Want to follow along with signals & analysis from the A1 Trading Team?

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2021-02-01 23:00:06 GBPJPY, Weekly

Overall, we've got the ascending channel formed where price has been steadily increasing after the initial crash caused by Covid-19. We've got the rising wedge pattern showing on the short-term time frames, and a substantially large bearish OB formed shown on the Weekly TF. We've also got retailers seeing resistance at 142.5, so most are likely to be selling at the moment. Price is moving exactly how I'm expecting it to, breaking above higher to catch out retailers and take out their stop losses, collecting orders from the OB displayed and now I'm expecting a huge downfall on this pair up to the channel's bottom.

Full Analysis:
https://a1trading.com/feb0121 Open / Comment

2021-02-01 21:47:18 Here’s a little more information about CedarFx, the broker that Nick showcased on his YouTube video above!

You can follow this link to sign up:
https://cedarfx.com/?utm_source=tradernick&utm_medium=st Open / Comment

2021-02-01 21:20:05

Open / Comment

2021-02-01 21:19:48 GBPUSD, H4

GU reported better than expected final manufacturing PMI data, but price is struggling. On the 4H chart, GU hit a steady upward trend line and is hovering around that support. The simple moving average is also there for support if price breaks lower, but it looks like the pair is really respecting that trend line.

- Frank Open / Comment