My dear friends, GBPUSD looks like it will make a good move, and here are the details: The market is trading on 1.2685 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 1.2763 Recommended Stop Loss - 1.2637 About Used...
My dear subscribers, This is my opinion on the NZDUSD next move: The instrument tests an important psychological level 0.6106 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 0.6137 My Stop Loss - 0.6087 About Used Indicators: On...
The analysis of the AUDCAD chart clearly shows us that the pair is finally about to tank due to the rising pressure from the sellers. ❤️ Please, support our work with like & comment! ❤️
AUD/USD has been consolidating within a 120-pip range for the past 6+ weeks, and there are no imminent signs of that range breaking. However, forex traders may still want to prepare for a potential bullish breakout (helped along by a hawkish RBA meeting and weak US retail sales data). In that scenario, a clean break above 0.6700 could open the door for a...
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the NZDCAD pair which is likely to be pushed up by the bulls so we will buy! ❤️ Please, support our work with like & comment! ❤️
From a purely technical perspective, USD/JPY remains in a well-defined uptrend that started just after Christmas. Over the last few weeks, the pair has carved out a clear ascending triangle pattern with resistance at 158.00, suggesting that a break above could quickly expose the 30+ year highs near 160.00. The only fly in the proverbial ointment is the BOJ, which...
Hello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About CVX (Update) Forming Descending Channel On WEEKLY Chart✅ Looking For Move Upside If Breakout & Confirm The Pattern✍️
EUR/AUD Long Minimum entry requirements: • 1H impulse up above area of interest. • If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it. • If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, risk entry within it or reduced risk entry on...
Hello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About TON (Update) The Rising Wedge Formation On Daily Chart✅ This Structure Is Bearish #TON Is Stronger Coin In Market☑️ We Will buy On Every Dip
AUDUSD analysis Daily and weekly time frame This currency pair is in the resistance of the daily timeframe as well as the midline of the weekly trading range. As long as the ceiling of the daily supply area is not touched, the price can move up to the daily support area.
USDJPY analysis Daily and weekly time frame The trend of this currency is still upward in the weekly time frame, but it has decreased in the daily time frame. If the ceiling of the daily supply area is touched, the daily trend of this currency will be upward and we can still have higher goals for this currency pair. Support and resistance areas are marked on the chart.
GBP/USD closed in negative territory on Thursday, snapping a three-day winning streak. The pair appears to find support on Friday around the 1.2660 area, a key level that could mark the beginning of a bullish rebound. Several technical indicators suggest a potential upside move from this support zone. The 1.2660 support area has emerged as a critical level where...
The AUD/USD pair kicked off the new week on a positive note, hinting at a potential rebound from a significant support area that aligns with the 78.6% Fibonacci retracement level. This comes after a bearish reversal observed last week, which saw the pair correcting from its previous bullish momentum. Recent Trading Activity Last week, we successfully closed a...
The EUR/USD currency pair experienced a notable upward movement on Monday, following a rebound from critical support levels around 1.0700 and 1.0640 during the early European session. This rebound marks a significant shift after a period of pressure, largely attributed to potential risks emerging from France's financial situation. The speculation that Marine Le...
Following Wednesday's surge, EUR/USD reversed course and experienced significant losses on Thursday. The pair remains under pressure on Friday, trading at its lowest level since early May, just below 1.0700. This downturn reflects the broader market sentiment and the evolving economic landscape. The shift in risk sentiment helped the US Dollar (USD) gain strength...
One of the setups that we discussed on a today's live stream is on AUDJPY. The pair broke and close above a neckline of an ascending triangle pattern on a daily. Retesting the broken neckline, the price formed one more triangle on an hourly time frame. Its neckline breakout is a strong intraday bullish signal. I believe that a bullish trend will continue on...
We're in a bullish sequence as a double correction( W-X-Y ) pattern currently forming a wave Y as a potential Zig-Zag pattern. A Zig-Zag is always a 5-3-5 sub-division so we can expect a minor pullback before a last push up to potential reach the 78,6 Fibonacci retracement level.
Here is our detailed technical review for DXY. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 105.233. Taking into consideration the structure & trend analysis, I believe that the market will reach 104.633 level soon. P.S We determine oversold/overbought...