now that we have news out the way I'm expecting to get some movement and a breakout. Holding out till London session to find a solid entry within the killzone.
Team, for the last two days, we kill the market, let's short the market again current price at 8237, STOP LOSS AT 8255 TARGET 1 AT 8203 TARGET 2 AT 8186 LETS KILL THE BEAST - 3rd time this week.
Chart shows reversal in RSI and shows good strength in price. Good upmove may be possible from here. CMP :1244 Target : 1350 + StopLoss : 1205 RRR = 1:3
I did expect that the muddy waters finally pass, but seems not yet...really a tiring market. Last time the price did this kind of thing was last year, but it managed to resolve it just in 180 days (6 months). While current one has last more than 200 days. What cause this ? don't really know. Could be due to TVC:DXY that bounced, lack of liquidity, or any...
The USD/JPY chart shows a critical technical scenario as the price hovers around $148.536, close to the strong resistance level at $149.563. This is the threshold buyers must overcome to maintain the upward momentum. However, if this resistance is not broken, USD/JPY may face a pullback towards key support levels, with the first support at $144.984 and a stronger...
Tensions in the Middle East remain high, driving up safe-haven assets like the USD and weakening the Euro. Currently, EUR/USD is trading within a descending triangle pattern, with a high likelihood of a breakout soon. The pair is hovering around $1.09772, close to the key support level at $1.09367. The 34 and 89 EMA lines are positioned above the price,...
On Tuesday, HSBC raised its average gold price forecast, driven by geopolitical risks, expectations of continued monetary easing, and fiscal imbalances. Currently, XAU/USD paints a dramatic technical picture as gold prices hover around $2,617.890, near the key resistance level at $2,624.089 and the 34 EMA at $2,628.176. These are strong barriers that buyers must...
#BTCUSDT - A good entry here ✅ We can still bottom below $59,800. This is not a financial advice. cryptocurrency trading is subject to high risk. Please always do your own research.
SP:SPX is on the move. After completion of cup & handle pattern, the price has since retest & bounce back up. Now the price is managed to close above the mini rectangle. The first price target would be 5,900 before heading to C&H target at 6,200. Cherio...
NASDAQ:HON is a long-term play as positive price action is looking at a renewed uptrend. First, the stock has broken strongly above the bearish gap resistance zone accompanied by high volume. 2nd long term MACD histogram has started to turned positive and oversold signal by the mid-term stochastic is back after confirming the oversold signal. Weekly chart shows...
Here's my ideas for EURGBP on 4 Hours time frame. While EURGBP (4H) is currently bearish, a bullish structure break indicates a possible reversal. I'm closely watching for a breakout signal on the 1H timeframe to initiate a long position. Let's see how it goes.
- We have approached all time high area -Market is currently overbought after its 700 pip rise over the last 12 hours -1 min timeframe starting to show signs of buyers exhaustion -FVG needs to be revisited at 43435 -RSI on 30min, 1hr, & 4HR are above 70 -Higher Low is a more probable to happen next over market breaking all time high and keep pushing after it...
Silver! N.B! - XAGUSD price might not follow the drawn lines . Actual price movements may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades #silver #xagusd
USDCAD reaches it’s high, it been quite some time it didn’t have any drawbacks. High chance it will drop at this moment.
Sterling is exhibiting weakness as a robust US economy bolsters the dollar. With the likelihood of a substantial Fed rate cut now nullified by the strong US job market, speculation of further rate cuts by the BoE in November is exerting downward pressure on the GBPUSD. BoE Governor Andrew Bailey's statement about the potential for more aggressive rate cuts in...
US30 Market Outlook for the Upcoming Trading Week I’m expecting a potential retracement in US30 back into the highlighted demand zone (D.Zn) before we see a significant push toward the target interest points (T.I.P.) I’ve highlighted in orange. This outlook is supported by the bullish imbalances left on the chart from Friday’s price action, which indicates strong...
Bias: Bearish USD News: Core CPI m/m Analysis: -Strong bearish closure below 0.5 fib level -Waiting for liquidity sweep in 1hr structure -Looking for SELL if there's confirmation on lower timeframe -Pivot point: 2630 Disclaimer: This analysis is from a personal point of view, always conduct on your own research before making any trading decisions as the analysis...
The XRPUSDT chart on the 1-hour timeframe indicates a potential bearish breakout scenario forming. After testing the resistance area near $0.5349, price has failed to break above, showing signs of weakness. Traders should watch for confirmation of a downside move below $0.5320, which could trigger a steeper decline. What do you think about this view?