smithheinrich254

smithheinrich254

The EUR/USD currency pair has broken below a key support zone, signaling a potential bearish trend continuation. This breach suggests increased selling pressure, as the support level previously acted as a strong floor for price stability. Traders may look to sell EUR/USD, targeting lower levels, while keeping an eye on fundamental factors and risk management to...

smithheinrich254

I am considering initiating a short position on the AUD/USD currency pair based on my analysis of the current market conditions and the factors influencing this trade. My decision is informed by a comprehensive assessment of technical indicators, fundamental data, and macroeconomic trends, which collectively suggest a bearish outlook for this currency pair. I will...

smithheinrich254

"The dollar fell on Thursday after the Federal Reserve delivered what some expected to be its last rate hike, while market focus shifted across the Atlantic to the European Central Bank's (ECB) rate decision later in the day." Posibility of a buy and profits

smithheinrich254

Recently the Bank of Canada paused on its rate hikes, to allow time for the effects of the previous rate hikes to be reflected. A slowdown in inflation growth would be supportive of their recent decision to pause and could reinforce a continuation of the decision. This could result in some strengthening of the Canadian dollar . The USDCAD is likely to retrace to...

smithheinrich254

I have tested and retested GBPJPY using support and resistance and MACD and all point to a buy position.

smithheinrich254 Updated 

A strong sell is confirmed. Great Profits underway

smithheinrich254

OANDA:EURUSD Strong buy confirmed..place your stock and be ambitious to place TP longer

smithheinrich254

Make strong profits with this analysis. Good Luck on your trading journey

smithheinrich254

A bearish pattern confirmed by MACD, EMA and RSI. Good Luck!

smithheinrich254

ETHUSD might turn and give a bullish movement. A good risk reward ratio may just give you a lot of cash here. I bet its gonna rise.