USD/CHF is rising towards a pullback resistance and could potentially reverse off this level to drop lower towards our take profit target. Entry: 0.86380 Why we like it: There is a pullback resistance that aligns with the 23.6% Fibonacci retracement level Stop Loss: 0.87111 Why we like it: There is a pullback resistance that sits above the 50.0% Fibonacci...
AUDUSD is unstoppable. The market violated one more horizontal resistance. Next goal for buyers is 0.68 structure. ❤️Please, support my work with like, thank you!❤️
I see very much potential warning alert signal of 4 major currencies of the world. 4 major currencies that I am concerning are Dollar Japanese yen Euro & British Pound. I was seeing major upgrade of dollar index and stronger dollar but after I hearing Fed's seminar last week and analyzed quadrople charts of yen euro dollar gbp and my decision to made to short...
– Previous Daily candle closed strong Bullish around 2040.100 above Daily Resistance formed on Friday 15th December 2023. – Buys on close above 2044.500 targeting 30min Resistance formed on 4th December 2023 around 2050.500, Leaving Runners to the 1h previous Rejection formed on 4th December 2023 around 2057.800 – Sells on close below 2036.700 targeting 30min...
After the highest OANDA:XAUUSD breakout , the crisis, the wars right now and christmas those all factors will push gold's price up
Our attention is centered on XAUUSD, as we actively monitor a potential buying opportunity around the 2037 zone. Gold, represented by XAUUSD, recently broke free from a downtrend, signaling a significant shift in market dynamics. Presently in a correction phase, the precious metal is steadily approaching the retrace area at the critical 2037 support and resistance...
Price is failing the test of the broken support. It may try another test, that would an opportunity to add to my short position. SL triggers if daily candle break through the resistance and confirms the break. Otherwise I hold.
After a massive selloff, Dollar Index retraced to a key horizontal resistance. We can see that the market is currently consolidating within the underlined blue area. To short the market with a confirmation, let the price break the support of the range. 4H candle close below 102.37 will confirm the violation. A bearish continuation will be anticipated at least...
In recent weeks, we have witnessed a significant drop in the value of the US dollar, primarily driven by the Federal Reserve's unexpected pivot towards lower interest rates and the simultaneous decline in inflation levels. This alarming trend has raised concerns among market participants and calls for a proactive response. The Federal Reserve's decision to lower...
– Previous Daily candle closed Bullish around 2027.300, forming Daily Support around 2019.600 as price almost retest recent Daily Resistance formed on Friday last week. – Buys on close above 2033.800 targeting 4h Resistance formed around 2042.800, Leaving Runners to the 15min Resistance formed around 2048.000. – Sells on close below 2017.500 targeting previous 4h...
SPY +0.56% / QQQ +0.43% / IWM +0.04% Another rally with most sectors selling off! 7 Negatvie 4 Positive Tech valuation saturation continues.
My bias for the dollar this week remains bearish, leading me to seek pro-trend trades from any proximate valid supply zones. With the recent reaction from my prior 3-hour demand, I anticipate the price to continue its ascent to address the imbalances above. Subsequently, my expectation is for the price to undergo distribution within a supply zone identified on...
In today's trading session, our primary focus is on US30, where we are actively monitoring a potential buying opportunity around the 37100 zone. Currently riding an uptrend, US30 showcases a sustained upward trajectory. Concurrently, the index is undergoing a correction phase, gradually converging towards the trend at the crucial 37100 support area. This numerical...
The US #Dollar is trying to base on the daily charts, again. Not making calls until we feel sure, many times we're posting just to show what we see. We've mentioned many times that calls are CLEAR when they are made. Breaking under doesn't mean impending doom, look at June how it came back. However, that is NOT the norm! Usually a break turns that support level...
Feels like we have a bearish trap on USDJPY. The pair looks very oversold after FOMC yesterday. Testing the key daily structure, the price went below that but then quickly recovered, making me think that the violation was false. We can anticipate a pullback now to 142.76 ❤️Please, support my work with like, thank you!❤️
Much like the preceding analysis of XAUUSD, we find ourselves with GBPUSD and EURUSD, both poised to follow a somewhat parallel trajectory. Our anticipation centers on a modest downward movement, targeting approximately 1.26, before setting the stage for long positions. Our optimism hinges on the prospect of witnessing the DXY approach the anticipated 103.000...
DXY D1 The dollar index has drifted lower, aligning with the latest developments and insights pertaining to the battle against inflation and central bank interest rates. We witnessed a significant downward move, sliding from 104.000 to 102.000, amounting to a substantial 200-point drop. Subsequently, we are observing a modest rebound, mirroring the overarching...
USD/JPY is rising towards a pullback resistance and could potentially reverse off this level to drop lower towards our take profit target. Entry: 143.035 Why we like it: There is a pullback resistance that aligns with the 38.2% Fibonacci retracement level Stop Loss: 144.718 Why we like it: There is a pullback resistance that sits above the 61.8% Fibonacci...