We could have a possible sell fro AUDCHF. Based on higher TF, the market is reacting to a major level. The daily TF shows an impulse to the downside and is currently reacting to the 0.6 Fib area. On the 4hr TF, there’s break of structures plus a 4hr double top formed at the fib area which could lead to possible sell. Another confluence is the RSI div Let’s see...
EURUSD formed another green weekly candle last week. Could see further upside for this week. Friday was bearish though so near term is weak. Price opened at the PZ and is rejected by it. Thus looking for possible longs, but only at 1.0761 and possibly 1.0745. Price target for today, 1.0799 double resistance and if hold, 1.0829 next.
All ideas are strictly my interpretation of price action. I am not a professional trader nor is this professional advice. I will continually update all trades.
✅EUR_CAD surged again to retest the resistance of 1.478 But it is a strong key level So I think that there is a high chance That we will see a bearish pullback and a move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
This pair is forming a bullish wedge pattern. The price is likely to break out to the upside in the near future, presenting a potential buying opportunity for traders looking to go long on this pair. However, currently the price is at a support zone, so we consider buying. Our target is 1.37266 price area.We anticipate a potential rebound from this support...
Last week the Bank of England moved closer to cutting interest rates, but markets are divided on whether a first cut will come at the bank’s next meeting in June or whether policymakers will hold out for longer. Two official sets of employment data and two rounds of inflation figures are due before the BoE’s next meeting on June 20. The first of the two jobs...
Examining the trend in the four-hour time frame, it seems that AUD/USD has formed a bullish head and shoulders pattern, and therefore, provided the price breaks through the resistance range of 0.6616-0.6605, the rate can so that the resistance interval of the middle level increases in the range of 0.6686-0.6673.
Considering the current market structure on the pair, there are higher chances of the a pullback at 0.59900 and if that holds it's going to send the market higher. Lets see how it goes.
#EURUSD Weekly Prediction Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about EURUSD. EURUSD is ready for a good bearish wave. This is making bearish flag pattern. We can see a good drop in price after this Breakout. Possibly we can get drop upto 200Pips+ soon. When market will open we will update further with...
The pair starts feeling heavy, and the chances of lower GOLD price and steady OIL at the lower level,s may push it through the GANN support 0.9020 area. The AO also is negative, helping the strategy work perhaps. Strategy SELL @ 0.9010 - 0.9035 and place SL above 0.9065. Profit order @ 0.8907.
USD/CAD - We are overall bullish on the higher timeframes on UC . Price ranging respecting our fib levels 0.62 - 0.79 . I'm mainly looking for buys but if price breaks below 1.36300 I will look for some shorts . Daily : 4 Hour :
The price of the pound is weak as seen on the 4hr chart price is going to create a possible H&S pattern @ 1.25500 before the drop.
hi traders ....... in my opinion AUDNZD can resume the bullish trend in1H timeframe .......
Canadian job market expanded by 90.4K fresh payrolls while annual wage growth slowed to 4.8%. Fed Bostic said the central bank is uncertain about when and how much interest rates should be reduced. Oil Price Decrease boosting the USD on the other hand. Gaza tension also could increase the flow to safe haven Dollar, increase the Dollar Strength Technical...
AUSTRALIAN DOLLAR Q2 FUNDAMENTAL OUTLOOK The Australian Dollar has been weak against the US Dollar in recent years, including 2024. However, there may be some positive news for Australian currency bulls, mainly due to weakness in the US Dollar rather than strong economic performance in Australia. Rising US interest rates and the safe-haven status of the Greenback...
The image you have shared appears to be a screenshot from a trading platform, specifically TradingView, showing a forex trading chart for the U.S. Dollar (USD) against the Swiss Franc (CHF) on a 1-hour timeframe. The chart includes various technical analysis elements typically used by traders to make decisions. Here's a breakdown of the setup and its...
Here is a good opportunity to buy guys: Let's se how it will go and plazy out! I hope I can book you some new profit! Enjoy it!
EURUSD on the 1D tf is bearish. Price needs to fill the imbalance and take the trendline liquidity. i'll observe the 1hr tf for bearish confirmation before taking a sell trade