Dear traders! On the price chart EURUSD broke the classic bearish wedge structure and reached 1.0867 below the key resistance zone at 1.0900. However, the very strong uptrend seems to be well supported by the 2 EMA 34.89 on almost every time frame and above the key breakout area at 1.0800 which the bulls are holding on to with the aim of strengthening....
The EUR/USD pair continued its upward trend on the final Friday of the week, maintaining stability within the price wedge. The outlook remains bullish as the price channel holds firm, and the EMA 34 has begun to show signs of a reversal!
Dear traders! On the 4-hour timeframe we noticed an interesting candlestick pattern setup. Price action was confirmed high above the 1.2645-1.2650 support level. It is expected that in the near future the uptrend will be more certain, the target is at least in the area of 1.2800 - 1.2850
The USDCAD formed a rising wedge pattern following a breakout of a significant horizontal support level. After a retest of the broken structure, the price rebounded strongly, breaking through the support of the wedge. It is likely that the pair will continue to decline, with potential targets at 1.3586 and 1.3559.
This pair is been bear market for quite awhile now, as we see, we are in an accumulation phase, to be more sure, wait for a breakout of the box. Lls and Lhs.
Buy when the price on the buy zone (green color box). SL - 101.699 TP - 106.160 After the first trade, when the price move in the planned direction (Long). Then 2 trade x2 with: SL - 102.301 TP - 106.160 Good luck!
With the yuan and yen offered, so too is the AUD/USD, pulling back from multi-month highs hit Thursday. Despite recent weakness, buying dips is preferred to selling rallies as long as risk appetite holds up. Given the proximity to former resistance at .6442, traders could buy ahead of the level with a stop below for protection. .6712 would be the initial target...
The price perfectly fulfilled my last idea. The market took off and hit the target. FX:EURUSD has broken through the previous day's high, moving higher as it tests the strong resistance level of 1.09000. This is the same zone where the market tanked, setting up an April high. The price has now reached the upper border of the channel, making a 1-2-3 extension,...
SMC Concept with AUDUSD : Bullish targeting previous day high 1) SSL Swept 2) IRL->ERL 3) 5M SSL Swept , MSS 1:2RR Make you sure to use proper risk management This is a not financial advise , it is meant for educational purpose. Cheers!
My dear friends, EURUSD looks like it will make a good move, and here are the details: The market is trading on 1.0867 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clearshort signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1.0806 Recommended Stop Loss - 1.0900 About Used...
Possible short setup for next week on USD/CHF at 0.90868 Area, SL @ 0.91157, TP @ 0.90150
We can attempt to short AUDNZD as it break HL , trendline support , also there is bearish divergence indicate that it move downward. SL , TP mention in chart.
Waiting on this 1 hr BOS to buy for next week. Euro appears bullish to me atm.
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GBPUSD Absorbed Liquidity dropped but suddenly Recovers this confirms more upside move
Im looking bullish for this pair. Trade with your own risk guys
The Market most of the time has a pivot point which when prices hit that point it bounces off the point and then goes to hit another pivot point ,I have carefully highlighted the key pivot points in the market for EUrUsd for the market to make a uturn or a reversal in price ,this is very necessary for traders to understand this . Kind Regards
AUDUSD is currently in a long-term uptrend. After reaching a level of 0.664, the market pulled back to a trend line that is moving upwards. The pair was able to break through an important daily resistance area. The broken structure, along with the major rising trend line, now form a contracting demand zone, which is where the next upward movement is expected to...