Price is falling towards a support level which is a pullback support level and could bounce from this level to our take profit Entry: 0.64880 Why we like it: There is a pullback support level Stop loss: 0.64449 Why we like it: There is a pullback support level Take profit: 0.65513 Why we like it: There is an overlap resistance level which aligns with the 38.2%...
EUR/USD is currently on a support level which is an overlap support level and could reverse from this level to our take profit Entry: 1.07274 Why we like it: There is an overlap support level Stop loss: 1.06957 Why we like it: There is a pullback support level Take profit: 1.07767 Why we like it: There is a pullback resistance level Please be advised that the...
Price is currently at a support level, which is a pullback support level, and could reverse from this level to our take profit. Entry: 1.25234 Why we like it: There is a pullback support level Stop loss: 1.24481 Why we like it: There is a pullback support level Take profit: 1.25932 Why we like it: There is an overlap resistance level which aligns with the 38.2%...
The euro's rally from the December low appears to be losing steam. Tuesday's high respected a resistance cluster including a 61.8% Fib level, high-volume node and trend resistance. A 2-bar bearish reversal (which includes an engulfing candle) only made a marginal high above Friday's high, and a bearish divergence has formed on the RSI. With CPI looming, perhaps...
Hello Traders ! On The Daily Time Frame, The USDJPY Reached The Resistance Level (151.908 - 151.318). So, We Have 2 Scenarios: BEARISH SCENARIO📉: If The Market Breaks The Support Level (150.261 - 150.693) and Closes Below That, We Will See a Bearish Move📉 TARGET: 147.150🎯 BULLISH SCENARIO📈: If The Price Breaks and Closes Above The Resistance Level...
Hello Traders ! On Tuesday 2 April, The USDCHF Reached The Resistance Level (0.90848 - 0.91126). The Price Formed a Head and Shoulders Pattern. So, Let's Expect The Bearish Scenario: If The Market Breaks The Neckline (0.89999 - 0.90161) and Closes Below That, We Will See a Bearish Move📉 TARGET: 0.88980🎯
Recent trend in the price of gold: The price of gold has seen strong gains up to a historical peak reached on Monday. This suggests a bullish momentum in the short term. Factors influencing the price of gold: Federal Reserve monetary policy expectations: Expectations that the Fed may delay interest rate cuts are limiting further gains in gold. This could be due...
The pound started the week with a slight bullish tone against the US dollar. This increase was favored by a slightly weaker dollar, accompanied by a moderate risk appetite in the market. This scenario allowed the pair to extend its recovery from the lows recorded after the Nonfarm Payrolls (NFP) report, bringing it back towards the 1.2600 level. Positive...
USD/JPY Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of interest. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. AUD/NZD Short Minimum entry requirements: • If 3 touch 1H continuation...
Hello fellow traders! USDJPY has retested and respected a possible key level Checklist: ✔FORMED STCUCTURE AT KEY LEVEL ✔RSI AT 51 ✔SUPERTREND IS BUILDING BUYING POWER ✔FIB RETRACEMENT HAS SO FAR RESPECTED 38.20% TARGET 1 - 300 PIP ANALYSIS TARGET 2 - 250 PIP ANALYSIS GOOD LUCK 🍀🍀🍀!!!
Market Analysis PT2/2 (11th April 2024) XAUUSD Analysis On the 1 hour timeframe, price has created a bearish Change of Character with a body candle close, caused by the movement from CPI. This means that the 1 hour timeframe has shifted bearish and shorts are more favoured. On the 15 minute timeframe, price has created an unmitigated orderblock that hasnt...
AUDJPY is borderline bullish on the 1D technical outlook (RSI = 56.140, MACD = 0.500, ADX = 22.883) as today it has erased the gains of almost the past 3 days. As it approaches the 1D MA50, it is turning into a buy opportunity inside a double Channel Up pattern. At 99.000 we are turning bullish again and will aim for a +2.65% increase (TP = 101.700) for a HH. See...
GBP/USD is the forex ticker that shows the value of the British Pound against the US Dollar. It tells traders how many US Dollars are needed to buy a British Pound. The Pound-Dollar is one of the oldest and most widely traded currency pairs in the world. Follow the live GBP/USD rate with the chart and keep up to date with Pound-Dollar news and analysis. Plan your...
Dear Robbers, This is our Day Trade master plan to Heist Bullish side of GBPJPY Bank. My dear Robbers U can enter at the any point above my entered area, Our target is Red Zone that is High risk Dangerous area.My dear Robbers please book some partial money it will manage our risk. Be safe and be careful. Loot and escape near the target 🎯
✅NZD_USD will soon retest a key support level of 0.5944 So I think that the pair will make a rebound And go up to retest the supply level above at 0.6000 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
The buying pressure in the Greenback keeps gathering pace and forces EUR/USD to recede further, opening the door to a potential visit to the 1.0700 neighbourhood. EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most...
Hello,Traders! USD-JPY is trading in an Uptrend and we are seeing a Massive bullish breakout Of the key horizontal level Of 152.000 which was an All-time-high so our bullish Bias is confirmed and we Will be expecting a further Swing move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅GBP_USD fell again to retest the support of 1.2500 But it is a strong key level So I think that there is a high chance We will see a bullish rebound and a move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅