AUDNZD has rebounded from the channel border after forming a consolidation zone. The market remains bearish on both the daily and 4H timeframes. After recently hitting the support level, the price has moved sideways, suggesting it may continue to fluctuate between the established range's upper and lower boundaries. Considering that the price has rebounded from...
Trading Setup: A Trading Signal is seen in the CHFJPY Currency Pair. Traders can open their Sell Trades NOW ⬇️Sell Now or Sell on 172.27 ⭕️SL@ 173.89 🔵TP1@ 165.81 🔵TP2@ 161.81 🔵TP3@ 154.66 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning Trading...
The AUDCAD pair gave us an excellent sell signal last time (July 08 2024, see chart below) and easily hit the 0.9000 Target: This time, we have an established Channel Up with two Higher Highs and three Higher Lows priced in already. We are currently on the new Bullish Leg following the rebound on the 1W MA200 (orange trend-line). As long as this holds, we...
This morning's analysis focuses on the current state of play in GBPUSD, EURUSD, and USDJPY. The overall trend for the USD remains downward, and this week has seen a continuation of that trend. GBPUSD & EURUSD In the short term, there is potential for a sell trade (Secondary Trend) as a retracement of the recent bull run towards the buy zone of the bullish...
FOREX (NZDUSD) All long targets done using Risological Nice forex trade (NZDUSD) on Risological. All long trade targets done nicely on the 15m time frame. The Trailing stop is at 0.61645, so, small portion of the trade is still open for further upward profits. If the price closes (15m candle close) below the Risological trend line - the dotted line acting as...
We've been completely bullish with the current market structure failing to make a shift 2600 Price reach could be seen in no time and we should follow the psychological levels to note our resting points when there are no Resistance to look up to. at Fxbleem Academy we strive to impact positively in a way that traders become independent of themselves. join us...
The AUD/USD pair saw an upward movement as recent US economic data increased expectations for a more aggressive Federal Reserve rate cut next week. Despite these gains, the market remains cautious, with the US Producer Price Index (PPI) rising above forecasts, largely driven by higher service costs. This inflationary uptick has complicated the outlook, as the...
EURUSD is in a correction phase. The price has a chance to test the resistance zone at 1.11180. If the price cannot break through this level, it is expected that the price will go down. Consider selling the red zone. 🔥Trading futures, forex, CFDs and stocks carries a risk of loss. Please consider carefully whether such trading is suitable for you. >>GooD Luck...
On Thursday, the EUR/USD saw a rally as the US Dollar (Greenback) weakened, providing support to the euro's upward momentum. However, despite this rally, the pair now enters a critical phase of rejection as it approaches a key supply area, which has previously acted as resistance. This supply zone could trigger a potential pullback in the coming sessions,...
Fundamental Analysis Gold prices maintained modest intraday gains heading into the European session on Friday and are currently hovering near the $2,565-2,570 region, or record highs. A softer-than-expected US Producer Price Index (PPI) report released on Thursday provided further evidence of easing inflation and raised expectations of a larger rate cut from the...
USDCHF price is in a correction phase. The price is currently near the support zone of 0.84753. If the price cannot break through, it is expected that in the short term, there is a chance that the price will rebound. Consider buying in the red zone. 🔥Trading futures, forex, CFDs and stocks carries a risk of loss. Please consider carefully whether such trading is...
OANDA:XAUUSD The increase reached all target levels sent to readers for many weeks and established a new era peak. The uptrend did not change both fundamentally and technically after PPI inflation data was published. After the European Central Bank announced its monetary policy on Thursday and the United States released relevant macroeconomic data, spot gold...
EURNZD may bounce from a key daily/intraday horizontal support. Our confirmation is a double bottom pattern on an hourly with a violation of its neckline. Goal - 1.7863 ❤️Please, support my work with like, thank you!❤️
When the UK100 daily chart is examined; It is observed that the price movements continue on the trend line. As long as the index price cannot pass the 8412 level, it is evaluated that in price movements below the 8305 level, it can break the 8165 level and retreat to the 8038 level.
When the COTTON 4-hour chart is examined; It is observed that the price movements continue on the trend line. As long as the COTTON price does not break down the 6853 level, it is evaluated that the price movements above the 7002 level can exceed the 7219 level and target the 7587 level.
Hello Traders! What are your thoughts on EURUSD? This currency pair is currently positioned below a key resistance zone. It is expected that after a brief upward correction, it will likely decline towards the specified level. Additionally, the European Central Bank’s monetary policy meeting, scheduled to take place in the coming hours, could serve as a key...
Hello Traders! What are your thoughts on AUDUSD? This currency pair has broken its support zone and is currently trading below it. It is expected to decline towards the identified levels after completing a pullback to the broken zone. If you found this analysis helpful, don’t forget to like and share your thoughts in the comments! ❤️
4H Corrective approach towards entry zone. = Buy limit. First trade of new prop firm challenge. 1.5% risk.