USDILS Slides to 3.625 as Israel Holds Interest RatesUSD/ILS eyes a bullish wave if it surpasses the 3.65 resistance. It could target the 3.70 level, where the market could provide a better ask price to join the downtrend.
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USDILS💡The analysis shown in the chart relates to technical analysis of the USD/ILS currency pair
(US Dollar vs. Israeli Shekel) on the daily time frame (D1). It shows the support and resistance levels, in addition to the ascending channel within which the price is moving.
Since the ascending channel has
Escalating Tensions Drive Shekel's WeaknessThe Israeli Shekel is under increasing pressure as geopolitical tensions in the region intensify. A combination of escalating conflicts and global economic uncertainties has led to a significant depreciation of the Shekel against the US Dollar. This analysis delves into the factors driving the curre
USD/ILS BUYUnfortunately, bad things are happening in the Middle East.
I expect further weakening of the Israeli shekel up to the level shown in the picture. It may even break through that level, it also depends on how the Israeli-Iranian conflict develops.
Shekel's Struggle: Anticipating a Break Below Historical SupportOverview:
Our comprehensive analysis on the ILSUSD pair over the 1-month frame indicates a significant corrective phase, following a notable rise from 24 to 32. The pair has undergone a WXY correction, with distinct characteristics in each wave, leading to a pivotal point in its trajectory.
Corre
ILSUSD: Confirmation of Downtrend ReversalDisclaimer: This post is made only as an analysis of this currency pair, with no intent to express any opinion or commentary on the ongoing conflict.
The Israeli Shekel has been the strongest performing currency in the world so far in 2024, even gaining against the US Dollar.
And this is happenin
USDILS Long!Hi guyz!
I am bullish again in USDILS.
My previous scenario was quite good. But I didn't expect such a bull run to be caused by a tragedy and massacre. I am very sad about what happened to Israel.
Now I see a possible uptrend will continue in the next years. I think this will also be connected wi
USD/ILSA monitoring idea for a call on the dollar
The Bank of Israel has started to lower its rates, despite everything the shekel has recovered against the greenback, it is quite bearish but there could be a support zone and it will depend on future macro events. In January when the rate cut took place th
USDILS Chart IdeaThe chat shows that PEPPERSTONE:USDILS USDILS couldn't break the resistance at $4.08 area, resulted in a ~12% dump.
PEPPERSTONE:USDILS USDILS holds a big support (see white trendline), at January 02nd it touched the support and pumped.
In my opinion PEPPERSTONE:USDILS USDILS will continue an
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.