XAUSD once again is not given any momentum. It is trading in a small range. Consolidation continues.... ------------------- Share your opinion in the comments and support the idea with Like. Thanks for your support!
The EURUSD has broken through the trading range and is moving towards the global support level. There is a possibility that this level will also be broken. At the moment, a rebound from the global support level and a retest of the broken level is expected. ------------------- Share your opinion in the comments and support the idea with Like. Thanks for your support!
XAUUSD is still trading in consolidation. A test of the support level and a possible downward price movement is expected in the near future. ------------------- Share your opinion in the comments and support the idea with Like. Thanks for your support!
Looks like a retest will happen before taking a positive direction. Lets see..!
If you've been watching/trading USDJPy you would of thought for sure there would of been a reversal by now. She's strong and alive, still! A failed attempt at a breakdown highlighted in the circle leads me to believe we are headed for ATH's. Not too much that I can see stopping it. We're currently waiting for the triangle break in red at current prices to tell us...
🔰In the daily time frame, the price is close to a Fibonacci range and the previous ceiling, which has a high potential to return the price and correct this upward wave that had last week. 💢Also, if the political situation in the world becomes more tense, the possibility that the price of gold can break the resistance range can rise to the previous level. ...
- CAD/USD has been ranging for a while which means there are sell side liquidity and also buy side liquidity which will be taken out before a move upwards in my opinion - the CAD has been looking strong the past couple of days - the DXY has been looking weak the past couple days - this indicates and gives extra confirmation that the CAD/USD pair will go up in my...
Not much to say… just a simple update on the movements of the pair more so based on the trend observed
Just watching the levels of support and seeing that we are about to see it move up after a small correction but only buying in once a buy setup comes available… any advice please tell me
USDCAD is has been rallying for over a month, and needs to retrace. Ascending wedge on hourly, trading into strong resistance. Possible retrace / take profit zones outlined with orange horizontal line.
Cad USD is reaching an important area in where price could stop the bearish price action and reverse. It is important to watch carefully the area in order to determine if there is a valid bullish opportunity. Target one is the previous high, target two is the marked area.
CADUSD Momentum is Bearish Looking For sell. Wait For Conformation.
Clear retest then find the right opportunity when the market gives us a proper shorting opportunity .
Short term bearing may just started. We are looking for selling at Wave (ii)
The market has been moved since this morning. But our projection is quite far up there. Looking for Bullish entry is preferable than Bearing entry
USDCAD is taking support at trend line but bullish candle is yet to form for long positions. Break of Trendline will call for short and H&S Pattern will come into play.
USD – The dollar slid on Monday, after posting its biggest weekly rise in more than two months last week, as markets embraced a risk-on mood with weak data suggesting the Federal Reserve is unlikely to quickly remove its accommodative monetary stance. OANDA summarized the market’s current thought, noting that “markets have concluded there’s not going to be a...
Well we corrected as expected (very quickly).... now lets test the demand zones and keep on pushing. Wkly and 24H are below