Hello,Traders! EUR-USD made a retest Of the key horizontal Resistane of 1.0890 From where we will Be execting a Move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
The EURUSD pair hit the top (Lower Highs trend-line) of the 5-month Channel Down and got immediately rejected. This pull-back is most likely the start of the new Bearish Leg on its way for a Lower Low at the bottom of the pattern. Technically, we are on almost perfect symmetry with the previous Leg, which formed a Lower High after a 4H Golden Cross. When the 4H...
Japanese authorities may have intervened twice in recent weeks to support the yen as it hit its lowest level in decades against the dollar, and they may have used reserves cash to do it. BofA said a drop in demand for U.S. Treasury bonds could push up interest rates slightly and narrow spreads on the secured overnight lending rate (SOFR), a reference rate tied...
Conditions: 1. Break and closure above current 30 mins high (169.227) 2. Price remains inside 169.291-169.064 range (fakeout to the bearish side would be a deal sweetener) ENTRY above 169.227 SL 168.975 TP 170.495 Warning: 1. trading derivative could result to loss of your capital, kindly apply caution and use only the money you can afford to lose. 2....
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
GBP/USD underwent a technical correction, retracing to approximately 61.8% from the previous swing high before concluding Thursday's session in negative territory. The pair has continued its downward trend early into Friday. Comments made by Federal Reserve (Fed) officials on Thursday contributed to a rebound in US Treasury bond yields and bolstered the US Dollar...
There is a potential trend reversal on the 4 hour timeframe. Stoploss: 23.053 Take profit: 23.55
buy buy buy looks like trend is going to reverse not financial advise
The EUR/USD 1-hour chart shows a clear pattern of bullish movements, marked by three distinct legs of upward momentum. Each leg is followed by a pullback, indicating a consistent pattern of price corrections after bullish advances. Given this recurring behavior, it is likely that EUR/USD will experience another pullback similar to the previous movements. For the...
Hey Traders, in today's trading session we are monitoring AUDUSD for a buying opportunity around 0.66250 zone, AUDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.66250 support and resistance area. Trade safe, Joe.
My dear friends, AUDCHF looks like it will make a good move, and here are the details: The market is trading on 0.6066 pivot level. Bias -Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 0.6048 About Used Indicators: Pivot points are a...
Hello,Traders! GBP-NZD is retesting a Horizontal support of 2.068 From where we are likely To see a local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
At present, GBP/USD is showing bearish momentum on the M15 timeframe. We anticipate that the price will target and fill the Daily Fair Value Gap (FVG), where sell stops are likely positioned. This is due to the smart money potentially using a retail pattern, such as the support zone, to engineer liquidity, which we expect the price to manipulate. There are...
Hey Traders, in today's trading session we are monitoring USDCAD for a selling opportunity around 1.36500 zone, USDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.36500 support and resistance area. Trade safe, Joe.
Hereβs the monthly chart of EURUSD and and we may likely see price fall low!. Price currently trades at $1.08432 and thereβs a tendency price may trade lower as we notice slower decision making in bull trend
I still find this pair to be bullish based on weekly market trend. We can see that the market is currently reacting to 0.618 Fib level, we could see buyers coming in based on what price action is showing. Let's see how this will play out. Risky trade though.
Three of the Best MACD Trading Strategies The Moving Average Convergence Divergence (MACD) is more than just a mouthfulβit's a versatile trading indicator that has stood the test of time. This article unpacks the intricacies of this indicator and dives deep into three specific strategies that leverage the MACD with other powerful tools like the Stochastic...
π Let's analyze and review this popular forex pair together, and also revisit our previous analysis. π In the higher timeframes, this pair, like the rest of the market, is ranging. Currently, it is fluctuating between the boxes of 1.69901 and 1.58888, which is logical given the current policies. π In the previous analysis, it was mentioned that after a candle...