Welcome to the Week Ahead FX Market Analysis
In this newsletter, we focus on identifying high-probability opportunities in the FX market. While we specialise in signals across multiple asset classes, including equities, commodities, indices, and cryptocurrencies, this week’s analysis will focus specifically on the FX market.
Our FX Trading Methodology
At Synergy Signals, we use a combination of harmonic patterns and market cycle analysis to uncover potential turning points in the FX market. This approach enables us to align with prevailing trends on the higher time frames, while capitalising on harmonic swings that suggest when a market shift might occur.
Manual FX Signal Identification: Each FX signal is carefully analysed to ensure precision and responsiveness to evolving market conditions.
Our strategy is guided by Stephen Meli, who combines his background in data analytics with market cycle theory and harmonic analysis, allowing us to identify profitable opportunities in a structured and disciplined way.
The Importance of Timing in FX Trading
Through extensive analysis of past trades, we’ve gained valuable insights into when market conditions tend to be most favourable. We don’t just focus on identifying high-probability trades, but also on understanding the optimal times to enter the market.
While there are windows of opportunity throughout the month, not all weeks are created equal. By aligning our trades with these key moments, we are able to maximise potential gains and minimise risk.
Market Cycles and Economic Events
One of the key contributors to market movement is the release of major economic data, such as the Non-Farm Payroll (NFP) report and other high-impact events. These releases can generate significant volatility, but understanding how the market typically reacts to them can provide a strategic advantage.
Rather than approaching the market blindly, we use our data-driven approach to identify when the market is likely to offer the best opportunities for more extended moves. This allows us to adjust our strategies and expectations accordingly.
Looking Forward
As we approach the upcoming trading week, we will continue to apply our harmonic analysis and market cycle insights to identify profitable opportunities in the FX market. While the market will always present a range of opportunities, understanding when and how to act is critical to success.
We remain committed to helping you navigate these conditions and capitalise on the best opportunities as they arise.
Last week we identified trades in a number of pairs, such as GBPAUD, GBPCAD, EURAUD, EURCAD, USDCAD, EURNZD.
The rationale for each trade is below;
USD/CAD
This pair sits within the second zone of consolidation expecting higher prices. We know that a third level of the trend remains and we are trading inline with the market cycle.
EUR/CAD
Like GBP/CAD, we identify EUR/CAD on the verge of breaking out of the first zone zone of consolidation, lagging slightly behind GBPCAD in its progress.
We identified the pull back from the highs, noticed the internal structure of HH, HL, used the lower time frame analysis to enter the trade and we sit at TP1 atm.
GBP/AUD
We have for a while now in our Market ‘isolation’ videos known that the trend for this pair is higher.
We sit within the second zone of CZ (consolidation), and expect a trend with three pushes to develop from here on the HTF.
We identified that the pattern had resetted itself and took a nice entry. This trade has gone on to hit TP2 (+100pips)
Please see pic below;
GBP/CAD
We have identified that this pair sits within the second level of rise, having left the first zone of consolidation.
We identified HH HL structure which are the hallmarks of a trending market. WE took an entry on this pair and it is moving in the intended direction
These are a just a few of the trades sent over the past week.
For a free trial with Synergy Markets signal service please find the sign-up link here;
Thank you for trusting Synergy Signals to guide your FX trading decisions.
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