BINANCE:ETHUSD ETHUSD (D) appears to have a pattern of narrowing the price range. Currently, the pattern has been broken. So: Buy current price at 2434.27 SL at 2098.3 TP1 at 2957.48 TP2 at 3849.71 Note: capital management 2%
BINANCE:BTCUSD BTCUSD (D) appears to have a pattern of narrowing the price range. Currently, the pattern has been broken. So: Buy current price at 45450 Stop loss at 41345
In recent weeks, we have witnessed a significant drop in the value of the US dollar, primarily driven by the Federal Reserve's unexpected pivot towards lower interest rates and the simultaneous decline in inflation levels. This alarming trend has raised concerns among market participants and calls for a proactive response. The Federal Reserve's decision to lower...
Price test strong support area .If price close above this area in H4 then we can consider reversal from that levels and before initiate long positions confirmed by bullish pin bar .
The U.S. Dollar Index closed last week under the 1W MA50 for the first time since August and that signals the bearish extension of the decline that started on the October High. Naturally, the 1W technical outlook has turned bearish (RSI = 42.067, MACD = 0.190, ADX = 46.054) but the 1D is oversold (RSI = 29.749) and calls for a rebound in order to harmonize this...
Technical Analysis Report: USDJPY Trading Opportunity Overview: At the current juncture, USDJPY is positioned at 149.450, showcasing discernible indications of a bearish reversal. Notably, a bearish RSI divergence signals a misalignment between price action and relative strength, suggesting potential vulnerability in the prevailing uptrend. Technical...
Today's focus: USDJPY Pattern – HL Continuation Support – 149 - 149.15 Resistance – 151.80 - 149.65 Hi, and thanks for checking out today's update. Today, we are looking at USDJPY on the daily chart. Today's video asks if USDJPY has further to fall or if we will see buyers continue to find some support from 149- 149.15. For now, price continues to trade below...
Today's focus: AUDJPY Pattern – HL Continuation Support – 96.10 Resistance – 97.52 Hi, and thanks for checking out today's update. Today, we are looking at the AUDJPY on the daily chart. Today's video asks if the AUDJPY will continue its continuation pattern. We have run over the price action that drew us to this setup and what we want to see to give us...
Spotted a 5 wave move on CADUSD from NOV 1- NOV 6. The Pair is currently at 61.8% of the 5 wave rise. Looks like a decent trading set up. Note*- I do not trade in currency pairs. Please do your own research/analysis before taking up any positions.
As we see... our HTF Order block Successfully reacted.... and now we are moving to our extreme order which gives higher possibility to enter the trade....
FX_IDC:AUDUSD chart mapping/analysis. Aussie Dollar benefiting from market "risk-on" sentiment + developing momentum from China economic stimulus narrative. Note: RBA Cash Rate decision (Tues 7th Nov @ 2.30pm AEST/UTC+11)
TVC:DXY chart mapping/analysis. US Dollar getting thrown out with US Treasuries as punters pile into "risk-on" trade. Downward momentum to continue until change in trend on lower timeframe &/or Markets flip back into "risk-off" sentiment.
Hey traders, welcome back. The dollar is increasing heavily to the upside as I make this video. Now we don't know how price will close but it is important to watch how she closes today. If price continues this could affect the major currency pair market in a mighty way. All Base dollar pairs could continue to increase while Quote dollar pairs could continue...
Today's focus: USDJPY Pattern – Ascending Triangle Break (BoJ Intervention?) Support – 149.28 - 148.43 Resistance – 149.90 - 150.16 Hi, and thanks for checking out today's update. Today, we are looking at the USDJPY on the daily chart. Speculation continues as to whether we will see intervention from the BoJ as the USDJPY continues to trade above 150....
Nice head and shoulder formation in H4 timeframe, ==> price has retraced to retest the previous resistance as support, ==> Also price is respecting the 38.2% fib level so we could see a massive move to upside ==> nice risk to reward setup
Today's focus: AUDUSD Pattern – Support hold Support – .6285 Resistance – .6425 Hi, and thanks for checking out today's update. Today, we are looking at the AUDUSD on the daily chart. Currently, we are watching price from 6285 support; if this level can hold and the USD continues to push lower, we will look for further upside from the AUDUSD. If buyers can get...
The rising USD against PLN has finally broken through its descending trendline. This strength in the dollar can be attributed to rising bond yields (amid an unmoved Federal Reserve) and the prevailing economic challenges in Poland and the European Union (recessions). On a technical note: The USDPLN pair has successfully broken out of a descending trendline on the...
We witnessed DXY tap the weekly Volume Gap it had towards the downside. and immediately spring up with an internal market structure shift. is it enough? Price is consolidating here in this area and tho it might seem that further downside is in play we must tread carefully since there are looming wars and conflicts around the world. what does this mean for DXY? The...