## AUDUSD Sell Analysis (as of April 18, 2024, 16:50 WIB) **Identified resistance level of 0.64873 offers a potential shorting opportunity for AUDUSD. Here's a breakdown of the technical analysis to support this:** * **Resistance:** The price has repeatedly attempted to break above 0.64873 but failed, indicating selling pressure at that level. * **Moving...
## Professional Analysis of GBPUSD Chart with Sell Signal Analysis to confirm the sell signal at 1.26769. Here's a breakdown considering various factors: * **Support Level Break:** The price breaking below the support level at 1.26769 signifies a potential bearish trend. * **Confirmation with Indicators:** Look for indicators like Relative Strength Index (RSI)...
Based on the technical analysis on the chart, a possible buy signal is indicated at price 1.07089. Here are some technical indicators that you can consider: * **Support level:** The price is currently at 1.07089, which appears to be a support level. This is a price level where the price has bounced off of previously, indicating that there may be buying interest...
## Price Action Analysis of USDCAD (Based on Provided Image) This analysis utilizes price action alone, focusing solely on the visible marks within the provided image of a USDCAD price chart (assumed timeframe: 4 hours). **Observations:** * **Upward Trend:** The price exhibits a recent uptrend characterized by a series of higher highs and higher lows over the...
## Technical Analysis for GBPUSD Short Trade at 1.26654 **Chart:** 4-hour timeframe **Analysis:** This technical analysis recommends a short position on GBPUSD with an entry price of 1.26654. The analysis is based on a combination of price action and potential resistance levels. * **Price Action:** The 4-hour chart shows a recent consolidation phase for...
Based on the chart you provided, here are some arguments to support your decision to sell at .90798: * **Downtrend:** The price of EURUSD has been in a downtrend for the past few hours, as indicated by the downward sloping trendline. This suggests that the momentum is to the downside and that the price is likely to continue to decline. * **Support level:** The...
The analysis suggests a potential short-term sell opportunity for GBP/JPY on the 12-hour timeframe. Here's a breakdown of the reasoning: **Bearish Signs:** * **Break of Support:** The price recently dipped below a key support level, indicating a potential shift in momentum towards a downtrend. * **Technical Indicators:** The analysis mentions terms like "Visible...
Analysts are predicting a positive long-term outlook for the US dollar (USD) against the Canadian dollar (CAD). However, before a significant rise that could push the exchange rate to new highs around 1.36000, there's a potential for a short-term dip. Here's a more detailed breakdown of the forecast: * **Short-Term Dip:** In the immediate future, the currency...
**The Canadian dollar (CAD) surged against the Japanese yen (JPY) in January due to the yen's dramatic fall to record lows. This weakness in JPY caused all JPY pairs, including CADJPY, to rise significantly.** However, the trend seems to be reversing. The yen has begun to strengthen in February and is expected to continue this bullish momentum throughout...
The price had previously reached Sell Side Liquidity, then quickly dropped to the Fibonacci Golden Pocket area. These two indicators provide a basis for placing a buy position now with a significant risk to reward. Explanation: Sell Side Liquidity: An area where there are many sellers who want to sell their assets. When the price reaches this area, high selling...
H1 Break Trendline High Probababilty for the price go to near resistance
*Entry Reason The price has reached the resistance on the daily trendline and is very likely to continue its decline towards the next support. *Important Price Resistance at the price of 0.96892 is used as a stop loss because the area often occurs rejection, so it can be considered strong resistance. #sekut
Daily Trendline Price has reached the DAILY TRENDLINE and rejection has occurred 1Hour Trendline On the 1 HOUR TRENDLINE, the price has broken the trendline. Conclusion Thus, it is very likely that the price will continue the DAILY TREND in the form of a decline towards the support of 0.79690 and the next support at 0.79045. #sekut