USD – The dollar edged lower on Monday as investors began positioning themselves ahead of this week’s Federal Reserve policy meeting, with many analysts expecting the Fed to once again defer from a commitment to taper. GBP – Sterling climbed above $1.38 against a broadly weaker dollar on Monday, supported by encouraging data over the weekend showing a fall in...
As we you can see, GU is forming lower highs and respecting every fibonacci level. I am assuming this will happen again and it will drop from this 0.382 level till the next fibonacci level.
🏛DXY is trading in a rising bear wedge That is destined to break downwards However, the horizontal resistance was not reached yet But we are seeing a small breakout of the support With the candle closing below the line And a retest that followed Breakouts are not trustworthy lately However, this might be the beginning of the bearish correction ...
Hello,Traders! BITCOIN is trading in a range between the support and resistance And the coin surged from the horizontal support just as I predicted The pair has hit the resistance today, and quickly retraced. I think that the level might be retested From where I am expecting a pullback With the modest mid-range target Although, BTC might go to the support...
Gold is just consolidating inside this wedge this week ahead of FOMC. There is a good chance it will consolidate until then. I am still favouring upside for gold at the moment nothing has changed for me. Still inside the wedge and it could continue down to the outer trend line for a 3rd touch. if it breaks the outer trend line i will be looking for sells
92.5 has been a strong support for the DXY, I think dxy can retrace to 93.0 before it takes a big fall, if price stays above 92.5 level then we can see a retracement, however even if the price do retrace to 93.0 we will still have a bearish bat harmonic pattern in the end.
Hello, my fellow traders hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into it. As we can see, the price has hit its TRENDLINE RESISTANCE and is falling down. Let us know your views on this in the comment section. Thank you all. There is good news for our followers. We will be...
Hi, This is my simple idea for USDCAD 4H time frame ( Dollar Canadian ) I hope it is useful :) It may take one or 2 weeks DON'T FORGOT, STOPLOSS IS YOUR FRIEND :) Best regards :) #USDCAD
🏛USD_CAD has formed a bear flag pattern While trading in a local bear trend I think that once we see a bearish breakout The pair will make a bearish move That might extend way below the target on the chart SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! NZD-USD is trading in a falling wedge Just as I pointed out in my previous analysis Now, if one takes a look at the lower timeframe One can see a rising bear wedge pattern Right below the falling resistance Thus, we are waiting for the breakout And then we can short the pair Sell! Like, comment and subscribe to boost your trading! See...
Hello,Traders! USD-JPY is recovering from a strong move down And now the pair is close to the resistance level From where I am expecting a local pullback Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Hello,Traders! GBP-AUD is trading in an uptrend below a daily rising support line And the pair has also formed a rising narrowing bear wedge pattern The price keeps moving in this way for quite some time And it seems to be an unsustainable way to go Thus, I am waiting for the bearish breakout Which would give us a good entry for short Sell! Like, comment and...
Hi guys, After a well-deserved holiday, a week of acclimatising at home and adapting to current market dynamics, it's time to make some serious bucks from the market. First things first, I want to thank all my followers for following my trading adventure for over a year now. Now onto the meat and potatoes. What is happening in the market? It seems the market is...
Linear Regression "Short" 🔻 Bearish Divergence, Oversold RSI 🔴 KEY POINTS: - BTCUSD BTCUSDT Price is extremely overbought - Price Action hit Linear Regression Technical Resistance - RSI shows strong Bearish Divergence - Chart Pattern: This Technical Indicator Variation worked 100% in the past Don't forget to bookmark this page for daily updates! Join our groups...
Hello,Traders! GBP-USD is trading in a falling opening wedge Therefore, we are waiting for the retest of the falling resistance For which the pair would have to go up a bit And then a move down, to retest the lower demand levels Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
🏛NZD_USD is trading below a falling resistance And the pair has formed a bear wedge on 1H timeframe Therefore, we are bearish on the NZD_USD And IF we see a breakout of the wedge to the downside I think that the pair will go down To retest the horizontal key level below SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! EUR-AUD broke out of the falling local channel After retesting a rising support line And I am expecting a move up Towards the local resistance level Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
Hello,Traders! AUD-CAD is trading in a downtrend And the pair broke the key level recently Now, the price is retesting the level And we are already seeing a bearish reaction I think that a drop will follow To retest the lower demand levels Sell! Like, comment and subscribe to boost your trading! See other ideas below too!