fortunamarkets

fortunamarkets

In our last analysis, we had anticipated the EUR/USD FX:EURUSD price to have a minor correction but the correction has exceeded our expectations and the price moved to higher levels. We have some resistance in the 1.09 zone, so we are expecting the price to reach there. Our technical view has been shown in the chart. If you like it then Support us by Like,...

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In our last analysis, we had anticipated the gold price to reach the 2300-2350 zone. right now the price has touched 2305$ and ranging. We believe that the price has the potential to move upward and reach the 2325-2350 zone. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team...

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In our last analysis, we had anticipated a minor correction in DXY but the correction has exceeded our expectations. Right now, because of selling pressure in DXY, the momentum has gone weak. Plus, the market is waiting for NFP/Unemployment news. So we are expecting a correction in DXY to the 103.7 zone before going up. Our technical view has been shown in the...

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USD/CAD is moving inside of a channel. USD/CAD has a nerve-wracking move these days, a noisy and back-and-forth move, if you are a scalper, it is a paradise for you but if you are not it's an eye sore. FX:USDCAD Anyway, in the chart we can see a big Liquidity zone in 1.36200-1.36400 and still untouched. We believe the price will eventually magnet to this...

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USD/JPY is consolidating under the resistance zone. it's alarming that the 152 zones will be broken soon. It has been 3 times when the price reached the 152 zone and every time we see the reaction becomes smaller and weaker. This is not a buy signal because maybe BOJ is attempting to manipulate the market. Our technical view has been shown in the chart. If you...

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Today, the RBA meeting spoke neutrally about AUD. Without any possible Hawkish scenarios, AUD is not bullish nor bearish either. But since USD is wiping every minor currency in the market, AUD has been affected too. Currently, We are bearish on AUD/CHF. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and...

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Nothing has been changed since our last analysis. EUR/USD is still bearish. But we may see some minor corrections because every indicator are in oversold and DXY is correcting too. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and...

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In our last analysis, the Gold price has been reacted to upper dynamic resistance. finally, buyers got the rope and broke above the upper dynamic resistance. Right now gold is bullish and buyers are buying in every dip. We Are expecting the price to eventually reach into 2300-2350 zone this week. Plus, we have NFP/Unemployment news this week. Our technical view...

fortunamarkets

In our last analysis, we had anticipated a bullish move in DXY. Right now, because of selling pressure in DXY, the momentum has gone weak. Plus, the market is waiting for NFP/Unemployment news. So we are expecting a minor correction /range in DXY. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and...

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Hello Traders AUD/USD moving down in 5 Elliot wave impulse waves. After the first 5 wave impulse, AUD/USD made an ABC correction. Afterward, we faced a big drop in AUD/USD indicating that the price desires lower levels and has started another 5-wave impulse. So we believe every correction is a sell opportunity for this pair. Our technical view has been shown...

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Hello Traders it looks like GBP/CAD is going to retrace partially it's last drop Zone 1.70900 is a very good place to jump for 1.722. We anticipate the price to move a bit down and then move toward 1.722. Any break below 1.70700 will invalidate our analysis. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and...

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Hello Traders it looks like AUD/NZD is starting a new wave dive down into 1.035. The first correction wave A has been established then the price has made a horizontal triangle as wave B, by breaking down the horizontal triangle AUD/NZD has made a new wave down as C. Our technical view has been shown in the chart. If you like it then Support us by Like,...

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Hello Traders EUR/USD had some upward corrections from "14 Feb 2024" until "8 March 2024". FED news(PPI, CPI, and interest rate) turned the table and changed the upward momentum into a downward movement. Right now the price has broken the upward channel and made a pullback on it. So we believe the price will reach lower levels. Our technical view has been shown...

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Hello Traders Gold prices have had some decent gains since "14 Feb 2024". in the last few days, gold dropped some gains due to DXY strengthening. If DXY continues to strengthen itself, we believe lower gold prices are not far untouchable. Gold has made a 12345 impulse wave (rising wedge). the price has been rejected 3 times from the upper dynamic resistance...

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Hello Traders After the FED interest rate decision, USD markets faced some volatility, now it seems the DXY market has decided its direction. DYX had an upward momentum from "28 Dec 2023" until mid of "Feb 2024", we faced some correction after that until 8 March when NFP and Unemployment news were released. Since then DXY has been rising slowly but surely, We...