I consider following levels to trade at the moment.
HM signal v5.0 (High momentum) spotted. Looking good with previous wave up with increasing volume and momentum. - Heathy retracement and support well at good level @ 0.3300 - 0.3500 - Trending slow and steady if able to hold above the support zone It is at extremely good reward to risk level now if able to hold above the support level.
Market Analysis: USD/CHF Rallies USD/CHF climbed higher above 0.8900 and might extend gains in the near term. Important Takeaways for USD/CHF Analysis Today - USD/CHF climbed higher above the 0.8900 and 0.8935 resistance levels. - There is a connecting bullish trend line forming with support at 0.8930 on the hourly chart at FXOpen. USD/CHF Technical...
Currently, GBP/USD is trading around 1.2800. If the price sustains above the 1.2700 support level, a rally to the 1.2900 resistance level could be seen. However, if the price breaks below the support, the downtrend could continue. In the short term, GBP/USD may continue to fluctuate in a narrow range due to monetary policy factors of the BoE and FED. If the BoE...
Be aware of this. It is out of a solid pattern The ath may break. By breaking this ath, we can see good growth. so wait & watch it.
In early Asian trading on Tuesday, gold fluctuated and fell, currently trading around 2325. Gold prices rebounded 0.56% on Monday, helped by the dollar's retreat as Fed officials said the risk of rising unemployment was increasing. Investors began to wait for U.S. inflation data to be released later this week, which may affect the Fed's monetary policy path. The...
Market Analysis: EUR/USD Struggles To Recover EUR/USD is attempting a recovery wave from the 1.0675 zone. Important Takeaways for EUR/USD Analysis Today - The Euro declined toward 1.0675 before it started a recovery wave against the US Dollar. - There is a key bullish trend line forming with support at 1.0710 on the hourly chart of EUR/USD at FXOpen. EUR/USD...
📰 On the Daily timeframe, the price has ascended above the EMA200 line, signifying a robust bullish reversal from this point can be anticipated. Such a pull back typically indicates the continuation of a bullish trend. Furthermore, the MACD histogram needs to transitioned from the negative zone to the positive zone, further endorsing the potential upward movement...
XAGUSD is in strong bearish trend. As the market is consistently printing new LLs and LHs. currently the market is retracing a bit after last LL, which is 50% Fib retracement level and local support as well. if the market successfully sustain this selling confluence the next leg lower could go for new LL. What you guys think of this idea?
Welcome investors to today's market update, where we will explore the developments of the XAUUSD forex pair. Gold prices yesterday attempted to recover to the 2336 price level but turned downwards again. Currently, gold is at the lower support channel of the recovery phase, with a high likelihood of this price zone being breached, potentially pushing gold further...
Just added another one short because the market gived beautiful correction aka discount. Double ABC pattern, clear scenario and clear target level. What a symphony.
#SCU Hello traders hope you are enjoying our Analysis. Now we are here again with a new trading opportunity ,we will discuss today about SCUUSDT SCU is getting ready for Up side Break out ✅ Expecting massive Bullish wave 📈
AUD/USD Surges on Inflation News in Australia This morning, the Consumer Price Index (CPI) figures for Australia were released – according to ForexFactory, the annual CPI stood at 4.0% (expected = 3.8%, previous = 3.6%). As Bloomberg reports: → Rent was the main driver of inflation due to a housing shortage. → The spike in inflation increases the risk of an RBA...
I found this my analisys prediction in the other list saved from almost 1 and half year ago and maybe this will enter in my hall of fame of predictions. Look at this real G head and shoulders pattern that i catched with a sniper shot and set yet the long position for long term period. I run to buy Tesla and set the sell price ath 414.5$ ABC patterns + head and...
From SW H onwards, we have continuously had lower L and H. After each internal pullback that we have shown with empty boxes, we have had a significant drop, and these drops are our minr structrue. Now this fractal movement is expected to repeat once more. Also, the price is approaching the swap range and the resistance line. Closing a daily candle above the...
EUR/USD is traded at the fourth level and is trapped in a decrease trend for weeks when Euro traders try to wait for meaningful data publications. The motivation is expected to be weak when the market is waiting for new data to promote the market flow to start on Thursday so today we still predict it sideway.