Big support zone coming on EURAUD. I expect a move up from here. Let me know what your outlook is on EURAUD!
Hello traders, what do you think about GOLD? Gold held steady around 1995 levels. A softer US dollar and lower US Treasury yields boosted the yellow metal. From a technical point of view: the price is expected to rise to the specified level after testing the specified zone. What is your view? Do you agree with me?❤️
Hello traders, what do you think about GBPUSD? This currency broke the trend line within an hour. It is expected that it will increase to the prescribed level after checking the damage level. What is your point of view? Do you agree with me?❤️
Hi Traders! USDJPY is struggling to break the psychological 150 level, and there might be a possibility of the US dollar slowing down due to strong data coming out of Europe. Price Action 📊 The market has reached the psychological level of 150 and has been trying to break the level for the past three weeks without any success. The market may have run out of...
Hi Traders! There is a potential triangle break on the GBPAUD 1D chart. Price Action 📊 Descending triangle with lower highs and lower lows. The market has also broken and been below the 20 EMA for the past 5 days. Looking for a momentum break below the support trendline for a possible short entry to the target area between 1.92500 and 1.92100. Support ...
Hi Traders! We are approaching the all-time high on the S&P 500, and traders are eagerly anticipating tomorrow's Federal Reserve interest rate decision along with the FOMC minutes meeting announcement. Looking at the technical price action on the 1W chart, the market has been in a steady bull market since October 2022. We have drawn the ascending price channel...
2023.7.14 USD has fallen below the 100 integer mark Hello, I'm Older Duan. Today is Friday, July 14th 2023. Now it's 17pm Beijing time. Let me give you a quick comment on the technical forms of the current international mainstream varieties! First, what we see is the daily graph of the dollar index. As shown in the figure, the U.S. Dollar Index has fallen...
CADGBP, the Canadian Dollar against the British Pound, is showing indications of a potential reversal as it forms a triple bottom pattern on the 1-hour timeframe, finding support at a key level. This pattern suggests a potential shift from a downtrend to an uptrend. Traders observing this potential reversal might consider a take profit level at 0.5983, targeting...
CADAUD, the Canadian Dollar against the Australian Dollar, is showing signs of a potential reversal as it reaches the end of a falling wedge pattern at a key support level. This pattern typically indicates a potential trend reversal from a downtrend to an uptrend. Traders considering this potential reversal may set a take profit level at 1.1148, aiming for an...
Hey Everyone, Please see update on our 4H chart idea which is playing out as analysed. We got a nice drop into the retracement range followed with a prefect bounce with candle wicking out on our 1967 Goldturn support into our first target. Although our 1H chart idea has opened both ways with the swing range being open; the 4H chart is still supporting above the...
Hy team hope you all are enjoying our ideas and analysis. Now we are here to discuss about EURCAD. EURCAD is making channel Pattern. And now this time this is at a strong support level here it has maximum Chances we can see a good Bullish wave. We can see price around 1.43700 Soon. Keep in touch we will update further soon. Always trade with Confidence✅💯
Hello Traders, We see a bullish head and shoulders in formation. Scenario 1: We would like to see price give bullish price action and confirmation to enter buys (Longs) Scenario 2: We would see the possibility of sell pressure continuing, Therefore, invalidating the head and shoulder formation and reaching lows. Have a good week of trading!!
BTCUSD is buying and i think its a strong buy but i will secure my profits when im satisfied.
OANDA:EURCHF Hello folks, this is my analysis brought to you after deeply analyzing the EUR/CHF Forex pair from a technical and fundamental perspective: Pivot point: 0.9786 Stop loss :0.9822 Take profit: 0.9604 Current price at the moment of generating this post: 0.9742 Risk/Reward Ratio : 1.84 If this post was useful to you, do not forget to like and...
Plenty of trading opportunities in the Forex market today I think the EURGBP is going to go back to major resistance level I am going long. The risk reward on this one is about 1:8, pretty good. The stochastic oscillator is one of the indicators I look at when trading and it is extremely bullish on this one, atleast for now haha. Long at market prices
GBPCHF is Showing the Bullish retracement movement. Execting the bullish will continue till the next target
First, let us cover some historical points in GBP/JPY's near history. Looking at the bigger picture, we are in the clear consolidation zone. The crucial support line lies around 149. The pivotal resistance line would be near 158. We are currently in the downtrend, on our way to the support line as we hit resistance. We can even see a strong chart pattern, a double...
#XAUUSD Looking for Sell trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! ThankYou.!