NZD/USD is falling towards the pivot which acts as a pullback support and could bounce to the 1st resistance. Pivot: 0.5074 1st Support: 0.6038 1st Resistance: 0.6138 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all...
XRP/USD has broken out of a resistance level which is a pullback resistance and could potentially rise to our take profit. Entry: 0.5216 Why we like it: There is a pullback resistance level. Stop loss: 0.5065 Why we like it: There is an overlap support level. Take profit: 0.5600 Why we like it: There is a pullback resistance level. Please be advised that the...
Price is falling towards a support level which is a pullback support that aligns with the 50% Fibonacci retracement. Entry: 1.0806 Why we like it: There is a pullback support level which lines up with the 50% Fibonacci retracement. Stop loss: 1.0768 Why we like it: There is a pullback support level which lines up with the 78.6% Fibonacci retracement. Take...
DOG/USD is rising towards a resistance level which is a pullback resistance that lines up with the 161.8% Fibonacci extension and could reverse from this level to our take profit. Entry: 0.1663 Why we like it: There is a pullback resistance level which aligns with the 161.8% Fibonacci extension. Stop loss: 0.1836 Why we like it: There is a pullback resistance...
Hey Traders, in tomorrow's trading session we are monitoring EURUSD for a buying opportunity around 1.08100 zone, EURUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.08100 support and resistance area. Trade safe, Joe.
NZDUSD - 24h expiry There is no clear indication that the upward move is coming to an end. Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher. Risk/Reward would be poor to call a buy from current levels. A move through 0.6125 will confirm the bullish momentum. The measured move...
With bullish news on #eth ETF, #usdt dominance is dumped, but now holding on daily ichimoku support!.. Bounce here may may be deadly. Not financial advice.
USDJPY - 24h expiry Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. As this corrective sequence continues we look to set shorts on a rally at better risk/reward levels. The hourly chart technicals suggests further upside before the downtrend returns. Risk/Reward would be poor to call a sell from current...
GBPUSD has formed a double top and a 4h Bearish Divergence. Also sentiments are 84 Short. Sell Stops can be at placed 1.26419 the break of LH.
Hey Traders, in today's trading session we are monitoring GBPUSD for a buying opportunity around 1.26700 zone, GBPUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.26700 support and resistance area. Trade safe, Joe. Let me know what do you think about inflation progress in the comment section
Looking for sells on gold based on the hourly timeframe - the whole point of the play is that we want to see a liqudity grab up first, once we have that we can look for sells on the BREAK OF THE LOWS! We should ONLY take a sell in this scenario otherwise we risk price going for ATH again causing us to take a bigger loss. Stop loss will be at ATH
The recent death of Iran's President might initially impact oil prices due to concerns about Middle East instability. However, this effect is likely to be temporary for several reasons: Limited Presidential Power: In Iran, the President's role is more executive, with real power concentrated in the hands of the Supreme Leader. Therefore, the President's death...
USDZAR has been bearish for quite some time now, breaking several structures downwards too. On both the weekly and daily TFs you can see some imbalance downwards which seems to be attracting the price further downwards to demand. From what I can see on the 4H - price has actually respected previously created blocks, especially after the most significant break...
Ethereum (ETH/USD) is falling towards the pivot which acts as a pullback support and could bounce to the 1st resistance. Pivot: 3,042.40 1st Support: 2,924.22 1st Resistance: 3,217.56 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be...
Bitcoin (BTC/USD) is falling towards the pivot and could potentially bounce to the 1st resistance. Pivot: 64,597.02 1st Support: 63,447.10 1st Resistance: 67,218.82 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all...
USD/CHF is rising towards the pivot and could potentially drop to the 1st support. Pivot: 0.9096 1st Support: 0.8990 1st Resistance: 0.9150 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure...
The Fiber (EUR/USD) is rising towards the pivot and could potentially drop to the 1st support. Pivot: 1.08843 1st Support: 1.08350 1st Resistance: 1.09356 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so...
SHB/USD is rising towards a resistance level which is an overlap resistance that lines up with the 50% Fibonacci retracement and could potentially reverse from this level to our take profit. Entry: 0.2414 Why we like it: There is an overlap resistance level which is slightly below the 50% Fibonacci retracement. Stop loss: 0.2505 Why we like it: There is a...