USDJPY is trading within an ascending triangle formation on a daily. Taking into consideration that the market is trading in a bullish trend, probabilities will be high that we will see one more bullish wave. Your confirmation will be a bullish breakout of the horizontal resistance of a triangle - daily candle close above 150.15. A bullish movement will be...
The 1 hour chart has maintained its bullish momentum fron yesterday. It has gone ahead to clear out the 4 hour zone and breach the 4 hour Bearish PB. Trend is now Bullish on the 1 hour and 4 hour timeframes, and this brings them in sync with the direction of the Daily chart timeframe With our new Bullish PB in place on the 1 hour chart, we have marked out our zone...
Hello,Traders! USD-CHF went up but Is now retesting a horizontal Resistance level of 0.9000 From where I think we will See a local bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
The pair is Bullish on the 1 hour. With the breach of our zone and PB of the 1 hour timeframe from yesyerday, as is clear that the 1 hour chart has reversed from a bearish perspective to a completely Bullish one. The only trouble here is the on the larget timeframe of the 4 hour and above, the market is still bearish as the Bearish PBs are still in place. It would...
✅DXY will keep growing Because the index is trading In an uptrend and broke Out of the bullish wedge Pattern which means that A further move up is likely LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! EUR-USD has formed a Bearish wedge pattern While trading in a downtrend So when the breakout happns It will be a signals for us To expect a further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅USD_JPY is trading in an Uptrend and the pair has Finally broken the horizontal Resistance level of 150.000 So IF we see the 1D candle Close above the level We can go long on the pair LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Nasdaq very volatile busy , but interestingly volatile Week What will happen tomorrow? Where does it go to? Which targets could be interesting? .... Ask your questions. Put comments. Lets discuss.But with Respect.
Allright guyz Please watch also my other last 3 videos,that will mention the way I trade- And hopefully it is benfical for you too. Indices are dropping like I said days ago, Banking crisis and Middle East conflict threathenning. Trading is a decision game, and sometimes taing decisions are really hard... But there are ways how to create your full potential and...
Audchf is expected to sell to 0.56140 after a retest to 50EMA
USDCAD looks exhausted to me. After a strong bullish movement, the pair formed a rising wedge pattern. The support of the wedge was broken with a bearish engulfing candle. It is an important sign of strength of the sellers. A retracement is expected to 1.3789 / 1.3768 ❤️Please, support my work with like, thank you!❤️
– Previous Daily candle closed Bullish around 1980.000 forming Daily Support around 1970.900 as price ranges within the Daily timeframe. – Buys on close above 1985.600 targeting 30min Resistance around 1991.800, Leaving Runners to the previous Weekly High to fill the wick around 1997.600. – Sells on close below 1970.600 targeting 30min Strong Support formed around...
DXY has broken a previous high and has escaped this range scenario from 01/01/22, Price has now formed a flag or consolidation above this high. If we take the length of the flag pole and extend it above the flag itself we can see this price ends up in this area of previous value, in my opinion USD is likely to make a move here. We can look for tell tale signs of...
EURUSD on the Daily chart has broken the June 2023 Low and we have returned to the price and have started to build value under it, with this consolidation/flag forming, we can wait for a breakout of this flag to look for downside momentum with the dashed lines forming potential take profits on the way down. SPX is also looking weak currently, we could see the DXY...
Looking at this pair and comparing it to the DXY index I think there's more likely to be a bounce from here, than a further bearish extension. DXY is failing to break a descending dynamic trendline, it's currently retesting again and showing signs of rejection. Fundamentals were good for DXY today but the price didn't react as I would have expected, which...
The Dollar Index (DXY) finds itself stretching towards the top of the current trading channel, eyeing the 107 mark. While this channel top is foreseen as a limiting factor in the future, the immediate trajectory for DXY hints at a stretch towards 107 before a possible retrace to the channel bottom. Key Observations: 1. Targeting 107: DXY is progressing towards...
I am expecting dollar to have a slight pullback from here , structure looks bullish and I wont be shorting anything until dollar starts showing bullish strength. Let me know your opinions on this.