DXY recently had its massive rally to the UPSIDE which imo is a CORRECTIVE MOVE. We are expecting DXY to make its first LEG down this week or have its FULL DROP next week. How does this information about US DOLLAR help? IF USD goes DOWN, xxxUSD rallies UP. It is important you understand the US DOLLAR before engaging in any xxxUISD pair. How do we FRAME the...
Gbpusd surely Fall down The UK fell into recession in the second half of last year after GDP figures for the fourth quarter showed a steeper contraction than expected. While a recession was expected ahead of the release, the fourth quarter number was slightly worse despite December performing better than anticipated. The UK has been flirting with recession for...
EURJPY Buy - 4 hour time frame Wedge Pattern Formation Breakout completed and Trend Reversal also . Entry - 160.200 Target - 161.350 Thank you ..
As DXY (US DOLLARS) continue to rise, we expect xxxUSD to have some SELL off and that includes GPBUSD as well. right now we expect, GBPUSD to SELL all the way down to the PREVIOUS LOW about 200pips drop from where we are right now. #1 - We expect price to drop from here with SL close to the AUTOMATED KEY ZONE ahead. #2 - We expect GBPUSD to push a little then...
Hey Traders, Check this analysis out on AUDUSD. The pair had been ranging for quite some time before it broke below the support, followed by an actual smooth pullback. Provided that the price remains below the support, I will look for a nice short trade. Keep a close tab on this one.
EUR JPY Symmetrical Triangle break out. Waiting for the retest of the recent high that was formed for a buy entry,
FX:GBPJPY I have determined the harmonic pattern target on the chart; I wish you success. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Good luck
Audusd - 4 hr timeframe near Resistance area . 30 min double top formation . Wait for neckline breakout . Entry - 0.65000 Target - 0.65850 Stoploss - 0.65200
Hello Traders, here is the full analysis. The completed correction, recovery and formation of a pre-breakout set-up hint at the continuation of growth. GOOD LUCK! Great BUY opportunity USDCAD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or...
In time h2, it is moving in a downward channel, which is located in the support zone, which, if confirmed, can continue to correct until the golden zone of the previous wave after retesting the ceiling of the channel. ----------------- Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade...
The upcoming release of the Core PCE Price Index, a key inflation metric closely monitored by the Fed, is scheduled for 13:30 GMT. Despite not anticipating major surprises due to its inclusion in the recent GDP report, investors will closely examine this data along with December's Personal Spending and Personal Income figures for deeper economic insights. While...
As you can see in my chart - this is a simple trade using wyckoff schematics. 1H is my main TF of analysis (intra day trade) after that I go to 45-30-15 min and look for shift in market structure. I found out accumulation in this 15minTF and then I wait for IC creation + validity/ proof. I set my pending order with an RR of 1:8 Using distribution schematics...
It is fluctuating in the trading area of the lower time range, which can continue its movement with a pullback to the support area up to the ceiling of the trading range area. In one-hour and two-hour time, with the breaking of the current trading range area, it can continue its upward path up to the 1.90 area.
GBP/USD gained traction and advanced toward 1.2850 Soon Wednesday after closing the first day of the week virtually unchanged. Keep it for the buy The near-term technical outlook points to a build-up of bullish momentum.
(XAU/USD) strong bullish back on Monday as investors reconsider the outlook on interest rates by the Federal Reserve (Fed) Xauusd uptrend and Make some sideways move Policymakers are consistently resistance the tight interest narrative to ensure the return of inflation to the 2% target in a sustainable manner. The precious metal is facing some bullish as the...
The US Dollar Index (DXY) is facing substantial buying pressure. A daily chart shows a third consecutive day with buyer highs and lows. This points to increasing buy pressure, while the DXY is bounce to hold ground above the very important technical levels in the form of the 200-day Simple Moving Average (SMA) at 103.47 and the 55-day SMA at 103.28.
Beyond Thursday's European Central Bank (ECB) Eurusd lower meeting, Tuesday sees the latest ECB bank lending survey and Wednesday sees the flash PMIs for January. These two data sets weighed quite heavily on the Euro last autumn/winter and will be closely watched ahead of the ECB policy meeting. hands at around 1.0880 ahead of united states us opening the peaked...
XAUUSD has executed a short term recovery move in the midst 1d low near the psychological support of $2,000 target 2100