The USD, benefiting from a safe-haven status and strong economic data, is likely to see further gains, reinforcing the potential for a decline in NZD/USD.
Taking no big risk now - the nature of the trio signals no clear trend.
Never risk bigger than what zou can afford This thing is still weak
A bearish trend is expected on the GBP/CHF currency pair.
Figures for the gold vary, and both up and down senarios are equally possible based on how we anticipate the market to react to the central bank approach.
I am hedging us100. Opened 3 buy orders for the overall monthly Bullish, and at the same time taking 5 sell orders to close in profit at any falling point one at a time. Please imit your risk while achieving the greatest growth possible. This is no trading signal. Stay healthy.
I am fed up with those believing the same old shit This is no reaversal point man!
I am still bullish on the pair, expecting the correction though.
I noticed the peaks and valleys get repeated harmoniously.
I did not know thez could correlate this badly! illusion of H and S
Waiting for the accomplishment of the correction The overall trend is still bearish
In addition to the weekly demand area, this pattern can be taken into account. A tight stop loss is recommended.
The pair is getting close to 1.4300 - oversold and the big reversal might come soon. The downside move might reach 1.4270.
The yellow highlight in the left is very a yone with high attraction. The longterm sell needs to be implemented after a solid consolidation.
My longterm weekly bias is bearish though. To be on the safe side, I am hedging, adding to my sell orders the higher the price moves.
The continuation of the bearish trend may be paused by a bullish correction up to 1.46000