The Cable (GBP/USD) is reacting off the pivot an could potential drop to the 1st support. Pivot: 1.2565 1st Support: 1.2473 1st Resistance: 1.2633 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...
The trend is your friend until it ends. As you can see EURUSD is still on a down trend.
Hello Agn, I wanted to let you know that there's an opportunity to enter a short position in EuroJPY. Recently, the Japanese government's banking system made a move in the market, resulting in a sharp downward candle. Considering all the other candles that came afterward in an uptrend, it could be a sign that a downtrend is up ahead (i see all these candles as a...
The trend is your friend until it ends. As you can see GBPUSD is still on a down trend. So, it's better to seek short trending opportunity. The analysis is provided for educational purposes only. Be aware of the potential risk of loss before your own trading decision.
Base on my technical analysis usd/cad would be bullish trend continue once it perfect correction finished
✅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!✅
Hope all of you having a great weekend, Today we will be having a look at GBPJPY, the pair was extremely bullish since January as YEN plummeted at the record low. BOJ decided not to change its interest rate policy and decided to kept the rate as it is, leading fear within the investors which lead yen to plumment even further. However, price dropped significantly...
CAD/JPY LONG idea After taking GBP/JPY and EUR/JPY Long Trades which im currently up over +200Pips on Gj and +100Pips on EJ I'm seeing a good opportunity on CAD/JPY Long İdea
Price has hit a major 1.8900 zone on the weekly There is an M formation with neckline at 1.9200 on the weekly On the daily, I am expecting a test of 1.9050 If market closes above 1.9050 then price is headed to 1.9200 Sitting on my hands and waiting for something solid
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 A not long time ago price declined to resistance area, and then bounced up, after which made downward impulse. Price declined lower $1.0790 and $1.0650 levels, thereby breaking them, after which it started to rise in channel. Soon, price broke $1.0650 level,...
Greetings Traders, In today's analysis, we observe a retracement of prices into premium levels. Presently, there is evidence of liquidity engineering through the formation of a retail pattern (resistance zone) within this premium range. This suggests the potential for further movement into premium territory, likely targeting the removal of H1 Premium Buy stops....
The Aussie (AUD/USD) is rising towards a multi-swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.6638 which is a multi-swing-high resistance. Stop loss is at 0.6678 which is a level that sits a swing-high resistance. Take profit is at 0.6562 which is a pullback support that aligns close to the 50.0% Fibonacci...
Expecting this 4hr fvg to hold and take the high. Waiting for additional confirmation on the lower time frame to confirm
FX:AUDNZD has broken through the range zone and has created new extensions. It is currently hovering around the key level of 1.1000. The market appears to be in an accumulation phase, suggesting a potential upside move that could result in new highs. As the price consolidates, I anticipate a pullback to a support level followed by an upward move to retest the...
GBPNZD has been in downtrend and now it has reached a key level which can be new Resistance zone while previously it was a Support Zone. If price breaks the Lower Low then the Resistance area will be confirmed.
USDJPY increased yesterday, and bar D1 yesterday closed beyond the previous Inside bar pattern, creating a breakout to establish a new high, continuing the push to the bottom. This breakout could add further upside momentum to USDJPY D1. Structurally, USDJPY D1 is still moving sideways in the main price increase in D1. USDJPY H1 broke out of the accumulation...
EURJPY is making a bullish trend by making HHs and HLs. We can find a buy limit order by using Fib Tool and can also wait for the precise entry. Set the previous HL as stop and set the tp1 and tp2 with risk reward 1:1 and 1:2.
Dear Traders, Similar to our other JPY chart analysis, we expect the same with AUDJPY, prices is likely to touch one more time 105 region or go beyond that. Possible entry is when drop a little and there we can get a better entry. Good Luck and Trade Safe.