Temporary buy on AUDJPY. Target is 101,170. Just a quick pullback to the sell decision zone.
DAX Technical Analysis: The price is anticipated to consolidate between 19100 and 18975 until a breakout occurs. A close below 18975 on the 4-hour chart would signal a bearish trend, with potential targets at 18890 and 18780. Conversely, a 4-hour close above 19110 would support a bullish trend, likely driving the price toward 19250. Key Levels: Pivot Point:...
Hey there, ✌ By analysing the daily chart of BINANCE:DOTUSDT , we can see that the price has been in a downward trend for some time and is currently trading in a range around $4. The current key support level is at $4. One scenario to consider in the daily timeframe is that if the price breaks the downtrend and stabilizes above $4.50, it could reach short-term...
GOLD is moving in a descending channel, between the trend lines. The chart has broken the local descending structure, but has not formed another one yet. The price is above the support level. We expect growth after consolidation above the upper boundary of the channel. ------------------- Share your opinion in the comments and support the idea with a like....
This is a classic trendline breakout We have here a pre existing trendline which we will use for our break and retest. I will be waiting for the break and retest If it breaks out today which is on Monday. My pivot point allows for me to enter on this retest that is occurring right now. My SMA also on the right spot
The room for decline is about $6 or more. The price range of 2655-2652 is the top of the triangle pressure. Selling is the main method in the ultra-short term. If you hold a loss order for a long time a CAPITALCOM:GOLD OANDA:XAUUSD nd don’t know how to deal with it, leave me a message.
On this pair, we see that the Weekly chart is ready to resume its long held bearishness. Over the past few days, we have witnessed prices rally all the way up (a Bullish retracement inside a bearish swing), driving prices into our marked out Weekly reversal zone. As expected, the zone held, and we began to see reversals, with prices turning bearish from that...
Overview and Timeframes This analysis covers XAU/USD (Gold vs US Dollar) with a focus on two timeframes: a 4-hour chart and a 21-minute chart. Both timeframes indicate a bearish outlook for the next two weeks, as the price seems to be completing or approaching a downward Elliott Wave structure. This projection relies on the presence of multiple technical factors...
Hi traders here is an idea for; - EURCHF Opportunity Looking for: BUY
This is one of those charts that does not need a huge amount of explanation. It is a 5 day chart comparing October 2020 (prior to the bull run that followed over the next 6 months). There are many fractals with that time and the present day. 1) Notice the life cross? Green arrows. 2) Notice the 5-day/200.sma resistance before the breakout? Red arrows? 3)...
The US dollar has made a remarkable comeback, shaking off recent weakness and surging higher. This resurgence is driven by stronger-than-expected economic data and safe-haven demand amid geopolitical tensions. This fundamental analysis examines the factors fueling the dollar's renewed strength and explores potential trading opportunities, focusing on the upcoming...
Dogwifhat (WIFUSD) closed last week above the 1D MA200 (orange trend-line) for the first time since the week of July 22 and hit the top of its 6-month Channel Down. On the long-term cyclical outlook, this Channel Down can technically turn out to be nothing but a Bull Flag in the continuation scale of the Bull Cycle. If this week's 1W candle manages to close above...
Daily chart, stock is crossing the triangle, and is targeting 422 passing through resistance levels as shown. RSI and MACS support this view. Stop loss should be considered at 310
OANDA:XAUUSD fell on Friday (October 4) after a better-than-expected US jobs report dampened expectations for a sharp interest rate cut by the Federal Reserve next month, boosting the dollar. However, geopolitical risks related to Israel and Iran supported gold prices, limiting the downward adjustment. The U.S. labor market added more jobs than expected in...
WHAT HAPPENED? Last week, we didn’t justify the main scenario with a quick resumption of buys. On the contrary, bitcoin showed a significant decline, breaking through 2 important buyer zones. This outcome was influenced by the escalation of the conflict in the Middle East. Nevertheless, we’ve found support at the next zone and are already forming a reversal...
I'm selling EURCHF mainly because of this flag which might be a continuation If it breaks out today which is on Monday I will be waiting for the retest. The Pivot and my moving average are exactly where I want them to be.
Please check your calendars daily: CPI Week, rough seas ahead! At this exact time: NAS100 is @ 19870. How I see it: 1) If 19850 and/or 19640 continue to offer an interim bottom, we could have a prevailing rally. 2) If price breaks and holds below 19640, we might see price break down to 19000. Did NFP provide the last 4HR shoulder before a possible big...
This morning, the Eurozone Retail Sales data showed a slight rebound, rising 0.8% year-on-year (YoY) in August, compared to the 1.0% estimate. On a monthly basis, retail sales increased by 0.2%, aligning with expectations, after being flat in July, according to data released by Eurostat. While this rebound reflects some recovery in consumer activity, the data...