based on its most recent upward move and upcoming cpi data it will retrace till 0.05768 i.e. 50ma and 0.05456 i.e.4hrly FVG and move up again. target 0.06678 and 0.06858 entry 1: 0.05768 entry 2: 0.05456 targets: 06678 -0.06858
USD/JPY Analysis: Rate Drops to New Yearly Low The USD/JPY chart shows the rate has fallen below its 5 August low. This decline was influenced by comments from Bank of Japan representative Junko Nakagawa, who stated that the bank would continue raising interest rates if inflation keeps decreasing. “Given that real interest rates are currently very low, we will...
Market Analysis: NZD/USD Trim Gains, Are Bears Back? NZD/USD is also moving lower and might struggle to recover above 0.6200. Important Takeaways for NZD/USD Analysis Today - NZD/USD declined steadily from the 0.6255 resistance zone. - There is a key bearish trend line forming with resistance at 0.6155 on the hourly chart of NZD/USD at FXOpen. NZD/USD...
Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased...
I see bullish potential because market test previous daily high and is now going up
It is gathering strength in the support area for a short throw towards the resistance
GBPNZD has dropped below the 2.1300 resistance zone. Recent daily candles show rejection bars with long wicks, hinting at growing bearish pressure. Additionally, a double top pattern has formed, indicating that bullish attempts have been rejected twice, strengthening the selling sentiment. Given this setup, the price may continue to decline, potentially breaking...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 123 " Impulsive Waves Break of Structure RSI - Divergence Bullish Channel as an Corrective Pattern in Short Time Frame Resistance Level
Market Analysis: AUD/USD Trim Gains, Are Bears Back? AUD/USD declined below the 0.6720 and 0.6700 support levels. Important Takeaways for AUD/USD Analysis Today - The Aussie Dollar started a fresh decline from well above the 0.6700 level against the US Dollar. - There is a connecting bearish trend line forming with resistance at 0.6660 on the hourly chart of...
Hello traders, Bitcoin price tested 53k support area again and currently is in a correction phase. I expect BTC price to trade in the range between 53k and 61k before 18th September when the FED expected to cut rates. After that event all markets might plunge in the short term but in the long term this should be bullish. Considering all this, it's highly...
Sellside trade Pair WTICOUSD LND to NY Session AM (NY time) 10.00 am Entry 67.869 Profit level 57.359 (15.49%) Stop level 68.625 (1.11%) RR 13.9
Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased...
We can attempt to buy DODOUSDT from specified level as it make HL , also there is no bearish divergence occur indicate that it moves upward. SL , TP mention in chart.
"Test for Chart Viewing" typically refers to a process used in various applications, especially those involving financial markets, data analytics, or performance monitoring, to ensure that the visualization or graphical representation of data works as expected. This can involve testing features like:
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The price perfectly fulfilled my last idea. OANDA:XAUUSD is currently pushing upward and making higher highs, with the price reaching the top of the established range zone. This resistance zone is a key level to watch; a breakout above it could open the door for higher targets, potentially reaching 2550. With the CPI news set to be released today, there's a...
Dow Jones (DJI) is having yet again short-term volatility following the August 30 All Time High (ATH), but as we explained last week this is natural, since the medium-term Channel Up hit its top and was looking for the 1D MA50 for buyers and a Higher Low potentially a little lower. On the longer term though, the trend is intact and is heavily bullish. The 1W MA50...
Currently Trading At 254 , Sell Rise Till 269 For The target 163--94 From 11375 i expect slide