AUDUSD Analysis: Key Support Level in Focus The recent price action on the AUDUSD pair has been quite telling, perfectly aligning with my previous analysis. After encountering a significant resistance zone, the price has retraced and is now testing a crucial support level, following a breakdown of the upward channel that had been in place. This pivotal support...
Hello traders. This quick 1 hour chart shows where I got in a buy yesterday as well as my current area of interest that I am watching to see how gold reacts. This is Friday, lots of tensions in the world, unemployment news here in the US as well as the Average Hourly Earnings month over month and also teh Non Farm Employment Change. I am in no hurry to rush or...
Based on the 1-hour analysis, I’m watching for a selling opportunity around the key resistance levels of 2673.00 and 2671.00. Targets: 2662.00 / 2640.00 / 2625.00 However, with the major NFP event coming up today, there's potential for an upward spike. Avoid placing advance orders for now and wait for solid bearish confirmation before entering. #XAUUSD
By analyzing Tesla's weekly chart (logarithmic), we observe that after a correction down to $209, the price experienced renewed buying pressure and was able to climb back up to $265. Once the price reached this significant supply level again, it faced selling pressure and has, so far, corrected down to $240. I expect that if the weekly candle closes and stabilizes...
Gbpjpy - Buy Call Entry price - 192.958 Stop loss - 190.820 Take profit - 195.097
Just a idea based on price action. PMI high left from thursday + Previous daily high. Could see a sweep o tis the beairsh with next week going bullish again
gold is running within our trade range . if price moves below this support area than we will close our trade . stop below the area.
We have been waiting for this for a long time...but patience is about to pay off imo...the big move is finally about to happen!
boost and follow for more ❤️🔥 I really like what Im seeing on LUNC, the bounce from major support.. trend breakout and then retest (bullish), now approaching a major pivot level. If we can break .00012 then a rally higher to .00018-.00025 should come within days or a week.. this is my first post in a while, will try to get back into sharing my thoughts here on...
Based on the current 4-hour analysis, the price is hovering near the resistance zone. If the ongoing candle closes below 2655.00, it could signal renewed selling pressure, and we might see the price drop to 2625.00 or even 2600.00. However, if the price closes above 2672.00, it could indicate momentum towards a new all-time high. #XAUUSD
AUD VS USD has fallen reasonably sharply with room to go until reasonable early key support. Not interested in longs unless we drip lower, any flash move followed by rebound would be ideal. Risk off likely to pull lower, risk on the opposite and a continuation of AUD strength/ USD weakness.
Hi, Here is an INJ idea. Forming a Cup & Handle in Q1 2025 and towards 100$ in Q3/Q4 in 2025. NFA Cheers
GBPCAD has been trading within a bullish channel on the weekly timeframe, recently awaiting key interest rate news to confirm its direction. The Canadian dollar saw a 25 bps rate cut yesterday, which has weakened it further, adding to the existing bullish momentum in GBPCAD. Technically, a Cup & Handle pattern has formed near a key resistance level, indicating...
We had a reasonably strong rejection from sellers last week and price has struggled in its attempt to move back to the upside I would like to see a raid of Tuesday's High to which I will enter the market and attempt to align myself with the seller volume from last week. Good Opportunity if the trade pays
#GOLD... Today is NFP day as you knows and we have only single area as today most important supporting area that is 2653 Keep close that area because only that area can change the story. Only holding of that area can leads you towards upside further levels. Keep close it and only short below that otherwide not at all. Good luck Trade wisely
Buy limit orders set at SZ1 (support zone 1). Reasonable USD strength pre jobs, may continue. If order is triggered then will exit at mentioned levels or earlier depending on Sentiment developments.
dear friends Today, US inflation data came out higher than expected, reducing traders' expectations for an interest rate cut by the Federal Reserve. we are in a complex correction in silver we have clear levels for trade . its may be take times to see a strong bullish wave but it will happening soon in my opinion. Follow your capital management and stick to your...
Regarding to last post about silver 1 impulse wave has been completed with perfect structure now we can make long position in price correction , with or without confirmation its depend on your money management system. every thing is clear in chart . levels for entry - stop loss level - target .