THE-real-Deal

THE-real-Deal

GBP USD faced heavy supply at 1.27 area. Monthly candle is coming to an end and the next month is starting with bears showing from distance. Will this pressure build up ? At the moment the movement from 1.27 is getting bearish and this could send the pair back to 1. 22 level but only if bears can manage to take control of 1.25 area.

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The name of the game for the us dollar index was breaking bottom , retest and go during the last few weeks. The short term trend is not acting as bearish as expected at the moment. The previous bottom at 106.5 also unable to form the new top and its under attack since start of the week. Finding support on 106.5 will prepare a hike in the short term targeting 107.3 first.

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Eur usd breaking 1.05 level and attempting recovery from 1.02 level but only to get rejected. It was rejected twice confirming heavy sell above 1.05 level. Price action showing bears are in control of the area. If the bears manage to keep control of 1.05 level then we will most likely revisit 1.02 area or lower .

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Eur jpy traveling between 154.5 and 163.5 area for quite some time. The daily price action is getting bearish whith the medium term trend line breaking and the recovery attempt failing. If the supoort line located at 154.5 breaks, the pair can see a big drop to 150 level and lower .

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Aud usd heading south from 0.69 managed to break 0.635 which acted as Aud Usd strong support line in years 2024 and 2023 . A come back from 0.615 area managed to swing near resistance siiting at 0.635. Newly created support line at 0.617 suggests that 0.617 to 0.62 will be the newly created demand zone. If dollar is on its way south after touching 110 on its...

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Gbp jpy falling from 200 and trying to hold on to 190 but its starting to crack. The monthly wave indicator is starting to weaken below the moving average line. 180 unlocking if not 170 in the long run. Entering with medium to leverage would be the way to ride this sell wave by having stop placed higher than 195 to be super safe or 192.5 to be safe with the...

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Usd jpy under the impact of FEDS cutting rates and BOj hiking rates is under preasure. Falling from 160 , then 150 and now 140 on the horizon. If the rate cuts and hikes go as planned, then 130 will be unlocked as well. This is a journey on a monthly candle analysis and must be monitored on the same time frame.140 being a strong support will create difficulties...

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Btc hitting all time high corrected it self and during this process got rejected from 50-60 k canal twice. The monthly candle is coming to an end. If btc manages to hold ground above 60 k by the end of this candle , it could possibly jump higher for 80 k or beyond. If the jump proves to be powerfull , 100 k is a stiff mental resistance. If 60 k breaks down by the...

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Ethereum corrected itself after nearing 4000. 2000 is the newly created base support . If the current bull run continues it will most likely reach 5000 in the long run. It might take quite some time but entering near 2000 area and having stop below 2000 would be the safe bet. The monthly wave indicator is still in the bull run zone and it has not confirmed the...

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Eur usd managed to break 1.1 with market expectation of US dollar being on a rate cut trip. This break created good support at 1.08 - 1.1 area if there will be any correction and if not the road continues towards 1.2 area. Key rates to watch for will be 1.15 and 1.175 as previously sell orders were placed there in the previous bull run but in a few months Eur usd...

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Australian currency index broke the bearish trend line that was preventing it from hiking. The current run is targeting 0.7 but its less likely 0.7 will be the end of the road. 0.8 will.be the main target once 0.7 is defeated but expecting trading traffic near 0.7 area. 0.75 could create stiff resistance once 0.7 is gone. Key rates to watch for consist of 0.725 and 0.75

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Eur Aud ia forming a bearish wave . Previously the price tried to shoot for 2 area but failed. Nearing the end of this monthly candle the price can start moving towards 1.5 Stop loss above 1.8. Take profit at 1.5 to 1.6 area

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Forming a bull wave with a base support at 0.25 aiming 1 . Since the price dropped hard there should not be a stop loss just a good entry but if traded with leverage then below 0.25 should be the stop. Main target is 1 but if it breaks hard higher bands will be in reach.

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Gbp usd managed to break 1.3 and making a bull run for 1.4 area. This break will most likely create heavy support at 1.28 to 1.3 area in case of correcrtion. The bull run can also target 1.5 in a long run scenario. Stop loss below 1.28 Take profit at 1.4 area . If 1.4 breaks heavy 1.5 might be on the list

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Gbp usd managed to break 1.3 and making a bull run for 1.4 area. This break will most likely create heavy support at 1.28 to 1.3 area in case of correcrtion. The bull run can also target 1.5 in a long run scenario. Stop loss below 1.28 Take profit at 1.4 area . If 1.4 breaks heavy 1.5 might be on the list

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Aud usd not being able to touch 0.6 and finally making a bull run for 0.7 with a final destination of 0.8 . Dropping below o.67 will be a sign of weekness for this bull run. There might be trading traffic near 0.7 area but expecting for 0.7 to be defeated. Stop loss below 0.665 Take profit 0.75 to 0.8 area This run will take few months ( expecting from 4 to 7...

THE-real-Deal Updated 

Technically speaking 155-156 area acted as a critical support for a movement towards 160 last week. testing 156 and loosing momentum was the name of the game for UJ at this current moment. there were rumors of BOJ being the one selling UJ from 160 area and this has reduced bulls confidence. if 156 proves to be stiff , there might be U turn from here towards 152...

THE-real-Deal Updated 

AUD USD refusing 0.63 area in a sharp fashion and now after testing 0.66 it refuses to go short. Breaking out of 0.66 this time could create a rally towards the next roof. With DXY outlook completely changing after QT announcement and Grim labor market expected. if Labor market data keeps showing red and FEDS are left with no choice but rate CUT (S) . this could...