My dear subscribers, My technical analysis for USDCAD is below: The price is coiling around a solid key level - 1.3685 Bias - Bullish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.3754 My Stop Loss - 1.3635 About Used Indicators: By the very...
The DXY has made a bullish reaction off the pivot and could potentially bounce higher towards the 1st resistance. Pivot: 105.52 1st Support: 105.08 1st Resistance: 106.29 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable...
The Pound (GBP/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.2521 which is a pullback resistance. Stop loss is at 1.2588 which is a level that sits above the 61.8% Fibonacci retracement level and a pullback resistance. Take profit is at 1.2426 which is a pullback support. High Risk...
My dear friends, My technical analysis for EURUSD is below: The market is trading on 1.0694 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.0712 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall...
My dear friends, GBPJPY looks like it will make a good move, and here are the details: The market is trading on 194.29 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 193.13 Recommended Stop Loss - 195.01 About Used...
GBP/JPY is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 194.91 which is a pullback resistance. Stop loss is at 195.47 which is a level that sits above the 127.2% Fibonacci extension level and the pullback resistance. Take profit is at 194.14 which is a pullback support that lies above the...
Since January 2023, the USDJPY has been on an astronomic rise, driven by the significant divergence between FOMC and BoJ monetary policies. The initial market expectation was for the BoJ to intervene when the USDJPY approaches the 155 price level. Today the Yen has come under fresh selling pressure, as the BoJ kept rates on hold, taking the USDJPY above...
My dear friends, Please, find my technical outlook for EURAUD below: The price is coiling around a solid key level - 1.6354 Bias -Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.6451 About Used Indicators: The pivot point itself is...
26th April DXY: Consolidate along 105.60, could retest 106, but likely to range between 105.60 and 106 NZDUSD: Sell 0.5945 SL 20 TP 40 AUDUSD: Buy 0.6550 SL 30 TP 60 USDJPY: Watch for 157, could scalp up to 158 Sell Stop in place, in case of intervention GBPUSD: Sell 1.2520 SL 30 TP 90 EURUSD: Buy 1.0760 SL 40 TP 100 (hesitation at 1.0815) USDCHF: Sell...
EUR/NZD is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 1.7978 which is an overlap support that lies above the 61.8% Fibonacci retracement level. Stop loss is at 1.7830 which is a level that lies underneath a pullback support. Take profit is at 1.8134 which is a pullback resistance. High Risk...
My dear subscribers, NZDJPY looks like it will make a good move, and here are the details: The market is trading on 92.386 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 91.646 About Used Indicators: The average true range ATR plays an important role in 'Supertrend'...
My dear subscribers, This is my opinion on the GOLD next move: The instrument tests an important psychological level 2340.9 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 2369.0 My Stop Loss - 2325.2 About Used Indicators: On the...
My dear friends, USOIL looks like it will make a good move, and here are the details: The market is trading on 82.07 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 83.70 Recommended Stop Loss - 81.04 About Used...
My dear subscribers, My technical analysis for NZDCAD is below: The price is coiling around a solid key level - 0.8131 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 0.8117 About Used Indicators: By the very nature of the...
My dear friends, My technical analysis for SPY is below: The market is trading on 495.10 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 505.99 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend...
The Kiwi (NZD/USD) has made a bullish reaction off the pivot and could potentially bounce higher towards the 1st resistance. Pivot: 0.5930 1st Support: 0.5883 1st Resistance: 0.5974 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be...
My dear followers, This is my opinion on the NZDUSD next move: The asset is approaching an important pivot point 0.5925 Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 0.5937 About Used Indicators: For more efficient signals,...
My dear followers, I analysed this chart on GBPCHF and concluded the following: The market is trading on 1.1394 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.1339 Safe Stop Loss - 1.1430 About Used Indicators: A super-trend indicator is plotted on either above or...