Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📉 DXY has been overall bullish trading within the rising channel marked in red. Currently, it is undergoing a correction phase, and approaching the lower bound of the channel. Moreover, it is retesting a strong demand zone highlighted in orange. 🏹 Thus, the highlighted...
Price is falling towards the pivot and could potentially bounce to the 1st resistance which has been identified as a pullback resistance. Pivot: 156.58 1st Support: 156.01 1st Resistance: 157.97 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs...
We're currently back inside the dynamic rising trendline, I'm expecting a further push up and then a retest and then I'm getting back in. I'll set TP's at: 2405 - resistance 2445 - just below previous high 2500 - 41% Fib Extension / Good target number Not sure what's going on with USD ATM as per my earlier post, however geo-political tensions are growing...
TURBO is setting up for the first big leap. After breaking 0,003$ there will be clear skies to reach the moon or even mars.
Upon examining the updated chart for EUR/USD, it appears our previous analysis was profitable. Let's break down the current chart and provide an updated intraday analysis based on the new information provided. Previous Day Analysis Review In our previous analysis, we noted key support and resistance levels, the short-term upward channel, and the highlighted...
Technical Analysis of Gold: The price reached our previous target of 2327 and then reversed. Closing a 4-hour candle above 2344 suggests it will likely reach 2354, with the potential to touch 2369 as well. However, if the price remains below 2344, it indicates a drop back to 2327 as the first target. Pivot Price: 2344 Resistance Levels: 2354, 2369,...
Hi. I am bearish on EURUSD now as it reached the price I was interested to open short. Interest Rate cut for EUR is coming in June, the dollar should start reversing around now. CFTC reported recently more commercial shorts compared to longs (attached). Stop loss on chart. Target 1: 1.081 Final target on retest of flip zone.
Hi folks today I'm prepared for you Euro analytics. Some time ago price reached the support level, which coincided with the support zone, and soon broke this level, made a retest, and continued to move up. In a short time, EUR rose to a resistance level, which coincided with the resistance zone and even rose higher to the trend line, breaking the resistance level....
Selling opportunity on GBPUSD - analysis of the GBPUSD Open: 1.2769 SL: 1.2840 TP: 1.2526
XAU/USD is rising towards a resistance level which is an overlap resistance that aligns with the 38.2% Fibonacci retracement and could reverse from this level to our take profit. Entry: 2,373.83 Why we like it: There is an overlap resistance level which aligns with the 38.2% Fibonacci retracement. Stop loss: 2,396.28 Why we like it: There is a pullback...
Price is rising towards the pivot and could potentially drop to the 1st support which has been identified as a pullback. Pivot: 0.6654 1st Support: 0.6593 1st Resistance: 0.6712 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be...
EURUSD has turned bullish short-term on its 1D technical outlook (RSI = 59.604, MACD = 0.002, ADX = 30.311) as it rebounded before the 1D MA50/200 test. This is making a LH, same way it did on March 21st, again after holding the 1D MA50/200. Similarly, the 1D RSI us on the MA period. A rejection today validates the fractal bias of happening again. In that case, we...
EUR/USD is falling towards the support level which is a pullback support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit. Entry: 1.08436 Why we like it: There is a pullback support level which lines up with the 50% Fibonacci retracement. Stop loss: 1.08207 Why we like it: There is a pullback support that lines...
Hello traders, I want share with you my opinion about Euro. By observing the chart, we can see that the price reached a resistance level, which coincided with the seller zone and even broke it, after which continues to grow. In a short time later it turned around and started to decline inside the downward channel, where the Euro soon broke the 1.0870 level again...
hello guys... as you can see OANDA:EURUSD broke the descending channel and now it is on top of the breaking area! FX:EURUSD is forming a descending widening wedge and I put a example of this pattern here! I believe if you wanna get a long position on eurusd, be ready to break the top line of this pattern! ___________________________ ✓✓✓ always do your...
USDCHF - 24h expiry Daily signals are bullish. 20 1day EMA is at 0.9103. Early pessimism is likely to lead to losses although extended attempts lower are expected to fail. We look to buy dips. We look for a temporary move lower. We look to Buy at 0.9103 (stop at 0.9081) Our profit targets will be 0.9158 and 0.9168 Resistance: 0.9130 / 0.9158 /...
hello guys... do you think usd dollar will become weak? I think the price is on QML now and it will do some corrections! however, it is not a strong Quasimodo pattern due to the head location! so the price will start an upward movement until the MPL level! MPL level will make the price some (just a little) correction and then the price will go to 1.27$ level...
The Cable (GBP/USD) has reacted off the pivot and could drop to the 1st support. Pivot: 1.2790 1st Support: 1.2697 1st Resistance: 1.2859 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure...