USD/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 155.33 which is a pullback support. Stop loss is at 154.84 which is a level that lies underneath the 23.6% Fibonacci retracement level. Take profit is at 157.03 which is an overlap resistance. High Risk Investment Warning Trading...
My dear subscribers, USDPJPY looks like it will make a good move, and here are the details: The market is trading on 155.69 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 155.55 About Used Indicators: The average true range ATR plays an important role in 'Supertrend' as...
10th May DXY: Consolidating, look to retest 105.50, then trade lower to 105 round number support. NZDUSD: Sell 0.5975 SL 15 TP 40 (Possible double top) AUDUSD: Waiting, looking for a reaction at 0.6660 USDJPY: Test and reject 156 (breakout of bullish channel) Sell 155.80 SL 40 TP 130 GBPUSD: Buy 1.2550 SL 25 TP 55 EURUSD: Sell 1.0790 SL 20 TP...
In Dollar terms. We have analysed the FTSE100 #UKX the GBPUSD and UK Housing on a big time frame scale before. Here we have the FTSE 100 and the UK companies which have pricing power versus #Sterling which we know is heading to sub $1 As we have expectations of the #GBPUSD to target 0.71 in a head and shoulders target close to a 50% drop from current...
The Aussie (AUD/USD) could rise towards a multi-swing-high resistance and potentially reverse off this level to drop lower. Sell entry is at 0.6630 which is a multi-swing-high resistance. Stop loss is at 0.6682 which is a level that sits above a swing-high resistance. Take profit is at 0.6566 which is an overlap support that aligns close to the 50.0% Fibonacci...
My dear followers, This is my opinion on the EURUSD next move: The asset is approaching an important pivot point 1.0772. Bias - Bearish Safe Stop Loss - 1.0812 Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1.0717 About Used Indicators: For...
USD/CAD is trading close to a breakout level and the bearish momentum could potentially drive it lower from here. Sell entry is at 1.3673 which is a potential breakout level ( Wait for the 30-min candle to close below this level for confirmation ). Stop loss is at 1.3700 which is a level that lies above a pullback resistance. Take profit is at 1.3627 which is a...
The price is retesting the support area after a brief breakout from the demand area of the trend line, thus creating a higher low. We can expect the price to continue trending higher to the demand zone at around $0.92
My dear followers, This is my opinion on the EURUSD next move: The asset is approaching an important pivot point 1.0784 Bias - Bearish Safe Stop Loss - 1.0825 Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1.0726 About Used Indicators: For...
The Euro (EUR/USD) is trading close to an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 1.0740 which is an overlap support. Stop loss is at 1.0690 which is a level that lies underneath a pullback support and a confluence of Fibonacci levels i.e. the 61.8% retracement and the 100% projection levels. Take profit is...
My dear followers, This is my opinion on the EURJPY next move: The asset is approaching an important pivot point 167.64 Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 165.91 About Used Indicators: For more efficient signals,...
My dear friends, Please, find my technical outlook for GOLDbelow: The instrument tests an important psychological level 2336.5 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 2327.3 About Used Indicators: Super-trend indicator is...
My dear subscribers, This is my opinion on the GOLD next move: The instrument tests an important psychological level 2319.1 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 2310.8 About Used Indicators: On the subsequent day, trading...
My dear subscribers, My technical analysis for GBPUSD is below: The price is coiling around a solid key level - 1.2479 Bias - Bullish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.2515 About Used Indicators: By the very nature of the...
A BOLD prediction --- possibly to some people But I stand by this chart as a roadmap where I see #UK equities outperforming against the cash cow that has been UK #Housing The how's and what's and why's are unimportant But the key thing is for younger people struggling to get into UK housing Investing in #Stocks #Technology Innovation #AI and #crypto will...
My dear subscribers, My technical analysis for EURGBP is below: The price is coiling around a solid key level - 0.8613 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 0.8586 My Stop Loss - 0.8627 About Used Indicators: By the very...
#EURUSD Hello everyone, finally the context has synchronized in the short direction across the daily and hourly timeframes. After the start of the London session, my nearest intraday target is the equal lows below. Ideally, before heading lower, clearing the equal highs formed above during the Asian session would be preferred. The scenario will be considered...
My dear followers, I analysed this chart on EURUSD and concluded the following: The market is trading on 1.0745 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.0761 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to...