With the DXY closing with a daily candle above a resistance I'm looking at it going to 106.3 or 106.8 but we should be expecting a retest in the upcoming trading week Please support my idea by liking and commenting ❤️ Hope you had a wonderful weekend
GBPUSD Has being down for two days after reaching a Daily resistance level but failed to breakthrough for further bullish movement Using the Daily TF I'm expecting this trading week a retest of the 1.21874 zone and then we can be expecting taking a short with eyes on 1.20034 and 1.19416 Please support my idea by liking and commenting ❤️ Hope you having a wonderful weekend
Understanding price relationships between various currency pairs allows you to get a more in-depth look at how to develop high-probability Forex trading strategies. Awareness of currency correlation can help to reduce risk, improve hedging, and diversify trading instruments. In this article, we will introduce you to Forex trading using intermarket...
Using Trend lines and due to the low confidence index today which caused the fall of stock I feel that there is going to be a short bullish move for the OIL My analysis came from Fundamental impact and technical moves. What's your take on the oil Let me know in the comment section below
Despite Fed rates hike yesterday, dollar index declined; after gaining little momentum,it still went down 1.16% , causing crash in US stocks and pumps in Gold and other metals,but we need to be careful because it seems is gaining some MOMENTUM towards is support now resistance 103.637, any confirmed breakout we look towards 104.760 Watch out for your positions a...
With a major resistance at 1902 and major support at 1854 Now the market at 1876 mid support, it ain't clear if it is going to be bearish or Bullish We wait for a confirmation entry level. Like and leave your opinion in the comments section
Looking at the chart eurusd this is one of his lowest point since mar 23 ,2020 which is 1.065 before it could get to this price they was a quick bounce up in price due to strong support. At the current price with the help of Fibonacci retracement and much S&R alongside trendline I would suggest we go long but don't rush into any trade look for a good entry point...
For the past two to three months BTC has being ranging between 38k to 39k as the lowest point and 44k to 48k as the highest point🤔 Now is currently at 41k which they is really a high probability of it hitting the 44k resistance then they may be a pull back. We all should monitor our trades,risk and money management is very well needed.
This is a new high since the last 6 months and it just broke a strong resistance ,all we need to do for now is to observe and look for a confirmation entry before entering any trade Making sure we observe candlestick patterns because a pull back can happen.