USDJPY is on supporta nd grab liquidity from here then we can see upside move and take tp around 0.5 FIB level. Manage your risk accordingly.
Dear traders! EURUSD has bounced off the range support, as the price tested this support several times. Therefore, the upcoming prospects of EURUSD will be under dominant pressure from the bears. It is expected that this price drop will reach the 1.0728 mark at least.
Dear traders! Earlier we saw the bulls' attempt to maintain a gradual rise towards the 1.0900 level. However, the Pair retreated after the unsuccessful attempt, mainly due to the strengthening of the US Dollar (USD), dragging EUR/USD to a new 5-day low near the 1.0820 region. Looking ahead, relatively weak economic fundamentals in the Eurozone, coupled with the...
Dear traders! I still maintain faith in GU's uptrend because the overall trend is still favorable for buyers as the price continues to rise above the 34 and 89 EMA, signaling and creating new momentum for GBP/USD. With the possibility of forming a DOW, using Fibonacci, the price has reached the perfect level of 0.618 i.e. 1.265 and increased sharply up to 1.277...
Dear traders! EURUSD has formed a classic bullish structure (bullish flag). Theoretically the pair should strengthen further. And we are expecting a further move towards targeting at least the 1.0895 local high. A breakout and consolidation above this level will see the pair looking for higher highs possibly at 1.1000. If you like the idea, don't forget to leave...
Dear traders! USD/JPY is reversing from near 157.00 in Asian trade on Tuesday, weakened by a fresh wave of US Dollar selling, as risk sentiment gets a fresh boost on China optimism Quoc. Investors are waiting for Fedspeak and key data to determine the pace of interest rate cuts from central banks going forward. In terms of technical outlook, from the 1-hour chart...
Dear traders! Gold prices today continue their technical downtrend as the USD exchange rate and US Treasury bond yields increase in the context of financial markets increasing expectations that the US Federal Reserve (Fed) will keep interest rates high. longer longer.
Dear traders! As Conan mentioned in yesterday's analysis, XAUUSD is currently in a recovery phase with a corrective bias, receiving support at $2350. However, overcoming the $2,400 resistance seems challenging and remains the target in the downtrend that is gradually forming on the chart. Currently in today's trading session, XAUUSD is currently trading at 2,360...
For Stacks (STXUSD), we see a Fair-Value Gap (FVG) on the weekly chart, along with similar gaps on the three-day and daily charts, plus a demand zone below. Our plan is to use these weekly FVGs and the demand zone for Dollar-Cost Averaging (DCA) entry points if the price drops to those levels. We see $1.31 as the maximum downside. On the upside, we aim to reclaim...
BUY ABOVE - 48660 SL - 48540 TARGETS - 48860,49050,49290 SELL BELOW - 48400 SL - 48660 TARGETS - 48250,48110,47990 NO TRADE ZONE - 48400 to 48660 Previous Day High - 49050 Previous Day Low - 48400 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
BUY ABOVE - 22760 SL - 22700 TARGETS - 22800,22850,22900 SELL BELOW - 22700 SL - 22760 TARGETS - 22640,22590,22550 NO TRADE ZONE - 22700 to 22760 Previous Day High - 22850 Previous Day Low - 22700 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
DODO Analysis and Signal on 4H 🔵Entry Zone 0.1815 - 0.1858 🔴SL 0.1738 🟢TP1 0.1978 🟢TP2 0.2088 🟢TP3 0.2180 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with...
The technical analysis of V-Guard Industries suggests a compelling swing buying opportunity. The reasons are listed below : The stock has successfully breached a significant resistance zone at 270-280, showcasing potential for an upward trend continuation. The presence of a robust bullish engulfing candle on the weekly timeframe, coupled with the stock...
This chart reveals a harmonious convergence of price action and key indicators, suggesting a potential buy opportunity on the horizon. The stock has displayed remarkable strength, with patterns that indicate a possible upward trajectory. Reasons are stated below : price tested 168 levels twice on weekly tf and finally has come down to retest after a strong...
Crude Oil may drop after a potential bullish trap: we see a bullish inducement and a violation of a key horizontal resistance, followed by a strong bearish imbalance. I think that the market may drop at least to 78.8 level. ❤️Please, support my work with like, thank you!❤️
💹 Let's analyze this popular Forex pair together, update our previous analysis, and review new triggers. 🛡️ Higher Time Frame Analysis: In higher time frames like weekly and monthly, EUR/GBP remains in a range, which aligns with the policies these two currencies have towards each other, clearly reflected in the chart. 📅 Daily Time Frame Insights: In the daily...
Decentraland with ticker MANAUSD may have formed a nice textbook bullish setup formation. We see a five-wave rally into wave A/1 from the lows, followed by an a-b-c correction in wave B/2 right into the former wave "iv" and 61,8% Fibo. support area. So, it can lift the price higher within wave C or 3 towards 1.0 area for wave C or maybe even higher for wave 3. We...
FTM's social and market activity is on the rise after Andre Cronje released an article highlighting the cash flow of FantomFDN in 2022 Fantom price today is $0.241135 with a 24 hour trading volume of 230 million dollar. FTM price is up 12% in the last 24 hours Andre Cronje, a long serving figure in the DeFi space, says the Fantom blockchain project he advises is...