ForexBros

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456 viewsForexBros Helpline, 02:02

ForexBros

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EURUSD OUTLOOK

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In a strong bullish orderflow, I don’t want to make the mistake of going short.

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We can expect a small pullback to 1.1762 / 1.1738 levels and from there price should head higher - to 1.1808 and probably break it to go to 1.8500 levels eventually.

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If we get price heading up first, I will watch reaction at 1.1808 to plan longs - not interested in shorts.

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396 viewsForexBros Helpline, 03:10

ForexBros

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GBPUSD OUTLOOK

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There are two scenarios here, either price heads up immediately to 1.37570 and consolidates there - any range being formed here will give a good long entry

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The other scenario is if price heads slightly lower to pullback into 1.3713 / 1.3708 levels and then gives a long entry

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Let’s see which level price taps into first - GU looks stronger than EU

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378 viewsForexBros Helpline, 03:10

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USDJPY OUTLOOK

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Price has tapped into the Monthly TF level on the first opening day of the month

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The best level for shorts will be after a small pullback into 143.97/144.11 levels - any 15m MSS confirmation here will give us a short confirmation

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The targets downside will be quite deep, there is nothing to stop price till 143.03 level

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This view is in line with dollar bearishness, and EU/GU going higher

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413 viewsForexBros Helpline, 03:10

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USOIL OUTLOOK

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As per previous outlook, my view remains the same - we should see a small pullback to 65.1 / 65.31 levels

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From these levels, once we get structure confirmation on 15m for shorts, we should see a sharp fall to 63.17 levels

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This is one of the highest probability trades for me this week

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NOTE : price of USOIL may be different in your broker/propfirm charts - correlate my levels with your chart based on candles I marked and mark those levels accordingly

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467 viewsForexBros Helpline, 03:10

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BTCUSD OUTLOOK

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BTC needs a stophunt on downside before all time highs

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I am anticipating price heading down to 106301 - 105710 levels before giving a sharp bullish move upside to 108386 and 110299 levels - and thereafter all time highs eventually

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If price does not come down, I will watch for what happens around NY open to look at another level for longs

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481 viewsForexBros Helpline, 03:10

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XAUUSD OUTLOOK

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Gold has given a strong bullish close on monthly, and left a untapped level at 3289.7