Hello,Friends! GBP-JPY uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 195.915 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the GBP/JPY pair. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! It makes sense for us to go short on USD/CAD right now from the resistance line above with the target of 1.363 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band. ✅LIKE AND COMMENT MY IDEAS✅
I believe that the pair BINANCE:MATICUSDT is ready to move up much faster. I propose x10 profit in 3 months. Does not constitute a recommendation. #furoreggs #investing #currency #idea #forecast #trading #analysis If you want to discuss, please subscribe and challenge this point of view. If you want to get more, please join my channels
Regarding long-term trading, traders should trade according to the USD market through US monetary policy, XAU price will thereby be supported. In the near future, the US will cut interest rates but it still depends on many factors from the central bank Many other central banks such as Europe's ECB or Britain's BOE may cut interest rates sooner. This also means...
dolar accelerated barely way to bottom-catching call for after this forex constantly reduced recently. Previously, the USD fell due to the fact there have been extra indicators that the United States could quickly reduce hobby costs. Gold costs withinside the global marketplace reduced particularly due to the fact the USD inched up barely and the commodity...
The USD increased slightly thanks to bottom-catching demand after this currency continuously decreased recently. Previously, the USD fell because there were more signals that the US would soon cut interest rates. Gold prices in the international market decreased mainly because the USD inched up slightly and the commodity closely related to gold, oil, plummeted. It...
Gold holds assist across the 50-Day MA for the fourth day in a row on Tuesday. It stays sandwiched among resistance across the crimson 20-Day MA and the 50-Day line for assist. Although gold has dipped under the 50-Day line intraday withinside the ultimate days, it has ended the classes at or above the 50-Day line. Watch wherein it ends nowadays to peer if...
BUY zone 1.27500 SL 1.27300 Retest fibonacci 0.5. Retesting the EMA 34 and EMA 89 is the perfect retracement for a long uptrend. This is also the DOW breakout area clearly seen in frame h2 GOOD luck to everyone
Experts accept as true with that the Fed`s hobby charge route may be the principle element affecting the route of gold withinside the brief term. Therefore, the marketplace will retain to concentrate for statistics this is predicted to have an effect at the Fed's selection. This week, except employment data, the gold marketplace will watch for the hobby charge...
DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 05 June 2024 SELL LIMIT Order: $2338.67 Stop Loss: $2353.14 Take Profit 1: $2324.46 Take Profit 2: $2305.55 Risk per trade: 0.5%. MT4/5 trade expiration: Today 100% mechanical strategy, zero analysis, zero...
NZD/CAD Short Minimum entry requirements: • 1H impulse down below area of interest. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. NZD/CHF Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area...
On the 4-hour chart for PAAL-AI (PAALAI), there is a noticeable 4H Order Block Cluster that has been touched twice, each time showing a strong reaction. However, the overall trend is weakening, which is apparent from the recent price action. Currently, there is a resistance zone between $0.50 and $0.60. This zone will likely be tested again in the future, and...
✅APPLE is going up now But a strong resistance level is ahead at 200.00$ Thus I am expecting a pullback And a move down towards the target at 192.00$ SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
✅DXY broke the rising Support line and the breakout Is confirmed so we are bearish Biased and we will be expecting A further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Technical Analysis of SPx The price dropped from the price we mentioned in the previous idea and already stabilized under the support line which is 5260, so it is possible to touch 5226 and 5193 as well, Bearish Scenario: As long as the price remains below 5260, it is likely to decline towards 5226. Bullish Scenario: For a bullish trend to emerge, the...
ADA may have found support above $0.42! Price is setting higher lows and retesting the 50-day MA (resistance) for the third time. Bullish on ADA? Consider entering a trade between $0.46 and $0.48 with Take Profit targets at $0.58-$0.60 (first resistance) and potentially $0.6650-$0.6870 (next resistance). Stop Loss: $0.40 (daily close below invalidates the...
SEI is testing support and might be forming a new bullish structure. Watch for volume increase to confirm a potential entry! If support holds and RSI resets, price could rally to $0.67 and then $0.85! Consider entering a trade between $0.50 and $0.56 with take profit targets at $0.67 and $0.85, and a stop loss at $0.44. #SEI #Crypto #TechnicalAnalysis #Bullish...
DYM broke through the major descending trendline. The bullish movement to the resistance level at $5 is expected to happen.