NZDUSD is trading in a long-term bearish trend. After a strong selloff, the pair was consolidating since the middle of August within a horizontal range. The support of the range was successfully broken last week. The violation will most likely trigger a trend-following movement. Next support - 0.577 ❤️Please, support my work with like, thank you!❤️
– Previous Weekly candle closed strong Bullish around 1980.900 breaking and closing above multiple previous Weekly Resistances, Friday Daily candle closed small Bullish forming a Rejection wick to the upside. – Buys on close above 1984.800 targeting 1h Resistance around 1991.800, Leaving Runners to the 30min Resistance formed around 1997.300. – Sells on close...
BTC/EUR vs BTC/USD present significant technical distinctions. Since May 2022, both BTC/EUR and BTC/USD appear to have formed an ascending wedge pattern on a linear scale, which typically breaks downward, signaling a bearish pattern. What's intriguing is that the asymmetry of this pattern for BTC/EUR is more intriguing than for BTC/USD. Over time, BTC/EUR has...
✅USD_CHF retested the strong support level of 0.89 After trading in a local downtrend from some time Which makes a bullish rebound a likely scenario With the target being a local resistance above at 0.895 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
✅USD_JPY is trading in an Uptrend, however it has reached A massive horizontal resistance Of 150.000 which is not easily broken Therefore, despite being bullish Biased mid-term I will be expecting A local bearish correction SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
✅USD_CAD broke the key Horizontal level of 1.3688 Then made a retest and A rebound which makes Me expect a further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
hi, first im sorry for mistake in my english grammer, its a forecast about dxy for 3 months and its base on fundamental and technical analysis, i expect that dollar index will continue to rise this week, and we may have conformation of beginning of the decline at the end of the week depending on movment. my expectation for this week in currency pairs: eurusd and...
Here is my latest structure analysis for EURUSD. Horizontal Key Levels Resistance 1: 1.0620 - 1.0640 area Resistance 2: 1.0690 - 1.0740 area Support 1: 1.0495 - 1.0510 area Support 2: 1.0450 - 1.0467 area Vertical Key Levels Vertical Resistance 1: Falling trend line Consider these structures for pullback/breakout trading next week. ❤️Please, support my...
PA is already in the DEMAND ZONE, however, it's possible that it has a little more to go to the downside. So I've decided to TAKE A CHANCE at shorting low on the curve. ‼️ THIS IS AN AGGRESSIVE SHORTING OPPORTUNITY ‼️ SSO @ 0.6415 ⏳ TP1 @ 0.6315 ⚠️ TREND — Momentum: Big Picture Uptrend — Price Action: Downtrend Retracement — CounterTrend: YES...
CAPITALCOM:DXY good dayAccording to the chart of the financial markets, the dollar index has the potential to grow up to the range of 104 At the same time, all stocks will fallWatch the news According to what I said, my prediction is the increase of interest rates and the strength of the dollar in the above time frame.
📉 XAUUSD Analysis - Short Trade Opportunity 📈 Embark on a captivating journey through the world of Elliott Wave Analysis as we unveil a promising short trading opportunity on XAUUSD. 🌊 Wave patterns are signaling potential downside, with Wave 5 gaining momentum and suggesting a corrective move. Join us for an in-depth analysis of the current market scenario,...
USDCHF is rising towards a pullback resistance and could potentially reverse to drop lower towards our take profit target. Entry: 0.89357 Why we like it: There is a pullback resistance level Stop Loss: 0.90264 Why we like it: There is a pullback resistance that aligns with the 38.2% Fibonacci retracement level Take Profit: 0.88302 Why we like it: There is a...
I expect a bearish reaction to a solid falling trend line on a daily. My confirmation - cup & handle pattern on an hourly time frame with a confirmed neckline breakout. The pair will most likely drop at least to 1.0545 ❤️Please, support my work with like, thank you!❤️
USD/CAD could fall towards a pullback support and potentially bounce off this level to climb higher. Buy entry is at 1.36898 which is an overlap support that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 1.36638 which is a level that aligns with the 61.8% Fibonnaci retracement level and also sits 16 pips under the recent pullback early this...
I took short position yesterday and I will add more. I am waiting market structure shift and if it happens I am gonna short more. I am focusing Equal Lows and Sell side levels which is I draw on! Manage your risks and happy trading! Follow and like idea )
Been watching this pair closely and made some good pips in the past week, however I got spooked last night and closed my sells (albeit 50 pips too early), but my calculation seemed to be broadly right. To me it's looking like a fake out below my support line and back through this resistance which is being retested but I think we're going back up. USD not flying...
📉 XAUUSD Analysis - Short Trade Opportunity 📈 Join us on an exciting journey through Elliott Wave Analysis as we unveil a promising short trading opportunity on the XAUUSD pair. 🌊 Wave patterns are indicating potential downside, with Wave 5 gaining momentum and hinting at a corrective move. Explore a comprehensive analysis of the current market scenario, where...
Hello,Traders! AUD-USD went down to Retest a horizontal support Of 0.6287 from where I think we will see a move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!