Update on yesterday’s post — analysis is playing out. Check previous post.
The GBP/USD pair continues to engage in a sideways motion and consolidation after breaking through the 1.070 resistance level, which has now transformed into a new support zone. In the short term, the currency pair remains confined within a range, experiencing a couple of false breakouts. The next movement seems to favor the buyers, however, close monitoring is...
Bearish Linear Regression on 1hr - 12hr, also Hull, MACD, tpx, WaveTrend.
The US dollar remained broadly stable today as market participants await additional indicators to determine US interest rate developments. This period of anticipation follows recent cautious comments from US Federal Reserve (Fed) officials and signs that inflation may be easing. The Japanese yen fell slightly at the start of the week, trading at 155.80 against...
GBPJPY is likely to experience a decline in the next few days, with the movement of gbpjpy already touching the upper channel boundary, which creates a strong barrier for gbpjpy to rise further. I hope gbpjpy will take corrective steps first before continuing its increase
AUDHUF USDHUF EURHUF USDSEK AUDSEK EURSEK EURDKK NZDDKK AUDDKK NZDPLN NZDCZK NZDSGD NZDNOK NZDCAD NZDUSD USDILS HK50
Hello everyone, let's dive into today's EUR/USD update! Market Insights: The EUR/USD exchange rate has experienced a dip back to 1.0880 this Monday, influenced by comments from Federal Reserve officials that added weight to an otherwise calm market atmosphere. The broader markets are nervously anticipating signs of interest rate cuts from the Fed, but...
GBPNZD long/buy trade running in profit, as I share it yesterday and market running according our analysis
Analysis strategy: Trading for 4 hours long offload + inside bar break Entry :197.740 Stop :194.950 trace to 195.600 p: 198.350 R:R = 1:1.14 The second item in FVG: @196.300
Find my confluences below; ✅Price at psychological level? ✅Has there been a recent intraday range? ❌Do you see 30 mins or 1 hr price bar closure outside recent range? ✅Will position be in the direction of 4hr and Daily trend ? ✅Has nearby wicks to the lefthand side been identified and marked as potential problem area/TPx? Go long the moment the pending condition...
EUR/NZD is rising towards the pivot which has been identified as a pullback resistance and could potentially reverse to the 1st support. Pivot: 1.78614 1st support: 1.76772 1st Resistance: 1.79606 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...
The Red Line shall act as the last defense to hold buyers. Should it be broken, no idea (218.396)?. This is just an idea and not indicating buying or selling at any particular prices.
Price Has Made A Clear Run On Stops To The Upside , Price Has Just Recently Traded Into The Bearish Daily OB Within Deep Premium Prices. Marked in yellow - accumulation Marked in Green - Manipulation Price Action After Green - Distribution. PO3 Had Previously Taken Place ,We can Now look At A Re-Entry to Target Draw On Liquidity To The Downside Recent...
AUDJPY presents an upward trend after touching an upward trend line for the third time, despite the low liquidity at the beginning of the session, the movement has a good target and may be a little slow, but investors work with purchase intention, maintaining price above Dragon EMA 50 and EMA 200. SL: 104.069 TP1: 104.570 TP2: 104.581
We are still in an uptrend, however, the trend is weakening as we couldn't reach up to the higher parallel line. We then had a consolidation, broke up above and came back down below it. As we are in a uptrend, this is a higher risk trade, however, the market is slowly starting to show its hand. So I've kept my stops small and looking to short it with TP and...
I was bullish EURUSD yesterday, I said be long as long as PZ 1.0855 holds. Instead, EURUSD moved up, almost touching first level above before coming down to PZ and bounced off it, though only briefly. Bearish candle for EURUSD yesterday but IMO overall bullish structure still intact. Price is now below PZ, thus could see a move down, but overall, looking for...