{"id":216782,"date":"2021-01-26T11:20:21","date_gmt":"2021-01-26T11:20:21","guid":{"rendered":"https:\/\/www.forexmentorpro.com\/blog\/?p=216782"},"modified":"2024-05-23T17:35:23","modified_gmt":"2024-05-23T16:35:23","slug":"whats-up-and-whats-down-for-earth-and-sky-this-week","status":"publish","type":"post","link":"https:\/\/www.forexmentorpro.com\/blog\/whats-up-and-whats-down-for-earth-and-sky-this-week\/","title":{"rendered":"Whats up and whats down for Earth and Sky this week ?"},"content":{"rendered":"<p><img decoding=\"async\" class=\"aligncenter size-medium wp-image-216783\" src=\"https:\/\/www.forexmentorpro.com\/blog\/wp-content\/uploads\/2021\/01\/up-and-down-300x200.png\" alt=\"\" width=\"300\" height=\"200\" title=\"\"><\/p>\n<p>Hi everyone<\/p>\n<p>Whats up or down this week?<\/p>\n<p>Lets have a look at some chart&#8230;&#8230;<\/p>\n<p><strong>\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026<\/strong><\/p>\n<p><strong>Let\u2019s have a look at some Earth and Sky set ups to keep an eye on\u2026.<\/strong><\/p>\n<p><strong>\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026<\/strong><\/p>\n<p><strong>\u00a0<\/strong><strong>1) GBP\/USD on the 4 hour chart:<\/strong><\/p>\n<p><strong>The direction indicator is long the 4 hour AND THE daily chart and we closed plus 102 pips higher than last week`s opening so we did meet ALL of the requirements to fib the 4 hour chart for this week\u2019s Earth and Sky trading zone. <\/strong><strong>\u00a0\u00a0<\/strong><\/p>\n<p>Currently I have a long zone between 1.3632 and 1.3575 with areas to keep an eye on at 1.3632 and 1.3605 and 1.3575 areas again for possible longs.<\/p>\n<p>Counter shorts from the WR1 pivot at 1.3776 areas.<\/p>\n<p>Notes:<\/p>\n<p>If we break the 75% fib for some reason to the downside then re look for support at the 200 EMA and WS1 pivot at 1.3550 and 1.3536 areas for possible longs.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-46333 size-full\" src=\"https:\/\/www.forexmentorpro.com\/members-area\/wp-content\/uploads\/2021\/01\/1-2.jpg\" alt=\"\" width=\"907\" height=\"732\" title=\"\"><\/p>\n<p><strong>\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026<\/strong><\/p>\n<p><strong>\u00a0<\/strong><strong>2) GBP\/CAD on the 4 hour chart:<\/strong><\/p>\n<p><strong>The direction indicator is long the 4 hour AND THE daily chart and we closed plus 126 pips higher than last week`s opening so we did meet ALL of the requirements to fib the 4 hour chart for this week\u2019s Earth and Sky trading zone. <\/strong><strong>\u00a0\u00a0<\/strong><\/p>\n<p>Currently I have a long zone between 1.7321 and 1.7259 with areas to keep an eye on at 1.7321 and 1.7292 and 1.7271 areas again for possible longs.<\/p>\n<p>Counter shorts from the WR1 pivot at 1.7497 areas.<\/p>\n<p>Notes:<\/p>\n<p>If we break the 75% fib for some reason to the downside then re look for support at the 200 EMA and last weeks low at 1.7200 areas for possible longs.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-46332 size-full\" src=\"https:\/\/www.forexmentorpro.com\/members-area\/wp-content\/uploads\/2021\/01\/2-2.jpg\" alt=\"\" width=\"897\" height=\"715\" title=\"\"><\/p>\n<p><strong>\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026<\/strong><\/p>\n<p><strong>\u00a0<\/strong><strong>3) GBP\/JPY on the 4 hour chart:<\/strong><\/p>\n<p><strong>The direction indicator is long the 4 hour AND THE daily chart and we closed plus 93 pips higher than last week`s opening so we did meet ALL of the requirements to fib the 4 hour chart for this week\u2019s Earth and Sky trading zone. <\/strong><strong>\u00a0\u00a0<\/strong><\/p>\n<p>Currently I have a long zone between 141.34 and 140.84 with areas to keep an eye on at 141.34 and 141.11 and 140.84 areas again for possible longs.<\/p>\n<p>Counter shorts from the WR1 pivot at 142.73 areas.<\/p>\n<p>Notes:<\/p>\n<p>If we make new higher highs without the correction follow price with your fib to get the adjusted long zone for the week.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-46331 size-full\" src=\"https:\/\/www.forexmentorpro.com\/members-area\/wp-content\/uploads\/2021\/01\/3-2.jpg\" alt=\"\" width=\"911\" height=\"731\" title=\"\"><\/p>\n<p><strong>\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026..<\/strong><\/p>\n<p><strong>\u00a0<\/strong><strong>4) NZD\/CAD on the 4 hour chart:<\/strong><\/p>\n<p><strong>The direction indicator is long the 4 hour AND THE daily chart and we closed plus 56 pips higher than last week`s opening so we did meet ALL of the requirements to fib the 4 hour chart for this week\u2019s Earth and Sky trading zone. <\/strong><strong>\u00a0\u00a0<\/strong><\/p>\n<p>Currently I have a long zone between 0.9107 and 0.9073 with areas to keep an eye on at 0.9107 areas again for possible longs.<\/p>\n<p>Counter shorts from the WR1 pivot at 0.9177 areas.<\/p>\n<p>Notes:<\/p>\n<p>If we make new higher highs without the correction follow price with your fib to get the adjusted long zone for the week.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-46330 size-full\" src=\"https:\/\/www.forexmentorpro.com\/members-area\/wp-content\/uploads\/2021\/01\/4-2.jpg\" alt=\"\" width=\"901\" height=\"733\" title=\"\"><\/p>\n<p><strong>\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026..<\/strong><\/p>\n<p><strong>\u00a0<\/strong><strong>5) NZD\/SGD on the 4 hour chart:<\/strong><\/p>\n<p><strong>The direction indicator is long the 4 hour AND THE daily chart and we closed plus 51 pips higher than last week`s opening so we did meet ALL of the requirements to fib the 4 hour chart for this week\u2019s Earth and Sky trading zone. <\/strong><strong>\u00a0\u00a0<\/strong><\/p>\n<p>Currently I have a long zone between 0.9506 and 0.9473 with areas to keep an eye on at 0.9506 and 0.9490 and 0.9477 areas again for possible longs.<\/p>\n<p>Counter shorts from the WR1 pivot at 0.9580 areas.<\/p>\n<p>Notes:<\/p>\n<p>If we make new higher highs without the correction follow price with your fib to get the adjusted long zone for the week.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-46329 size-full\" src=\"https:\/\/www.forexmentorpro.com\/members-area\/wp-content\/uploads\/2021\/01\/5-1.jpg\" alt=\"\" width=\"911\" height=\"735\" title=\"\"><\/p>\n<p><strong>\u00a0<\/strong><strong>\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026..<\/strong><\/p>\n<p><strong>\u00a0<\/strong><strong>Possible support or resistance levels that can trigger trades\u2026\u2026<\/strong><\/p>\n<ul>\n<li>\n<blockquote><p>Euro\/CAD at the 200 EMA and 55 EMA at 1.5510 and 1.5518 for possible shorts.<\/p><\/blockquote>\n<\/li>\n<li>\n<blockquote><p>Euro\/NZD at the weekly main pivot at 1.6945 and the 200 EMA at 1.7032 for possible shorts to set up from.<\/p><\/blockquote>\n<\/li>\n<li>\n<blockquote><p>Aussie\/NZD at the WS1 pivot and EMA`s at 1.0703 for support and possible longs to set up from<\/p><\/blockquote>\n<\/li>\n<\/ul>\n<p>Happy trading\u2026.<\/p>\n<p>Look out for some catch up post this week in the forum.<\/p>\n<p>Pierre<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hi everyone Whats up or down this week? Lets have a look at some chart&#8230;&#8230; \u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026 Let\u2019s have a look at some Earth and Sky set ups to keep an eye on\u2026. \u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026 \u00a01) GBP\/USD on the 4 hour chart: The direction indicator is long the 4 hour AND THE daily chart and we closed [&hellip;]<\/p>\n","protected":false},"author":35,"featured_media":216501,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","rank_math_focus_keyword":"","rank_math_description":"Get the scoop on what's up and what's down for Earth and Sky this week. Click to stay ahead with our weekly market analysis.","rank_math_title":"%title% %sep% Forex Mentor","footnotes":""},"categories":[2],"tags":[],"class_list":["post-216782","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-forex-analysis"],"_links":{"self":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/posts\/216782","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/comments?post=216782"}],"version-history":[{"count":1,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/posts\/216782\/revisions"}],"predecessor-version":[{"id":219368,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/posts\/216782\/revisions\/219368"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/media\/216501"}],"wp:attachment":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/media?parent=216782"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/categories?post=216782"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/tags?post=216782"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}