The dynamics of Bitcoin trading are ever changing and the failed breakout on The 1-hour chart is a a stark reminder of the volatility and uncertainty inherent in cryptocurrency markets Whether Bitcoin will bounce back or continue its descent is a question only time will answer For now traders should brace for a potential test of the green support line and...
Gold Price: Current Pricing, Prices Chart & Rate Graph Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It’s...
Today's focus: GBPUSD Pattern – Consolidation Watch Support – 1.2665, 1.2610 Resistance – 1.2751 Hi, and thanks for checking out today's video update. We are looking at the GBPUSD today as the price continues to consolidate in a rough ending diagonal pattern. We have also chosen the cable as we have the UK rates decision to come out later today. Depending on...
◼In the weekly timeframe, as you can see, the price has been in a corrective phase since it fell below the $2060 range. After experiencing some positive fluctuations, it has once again entered the FAIR VALUE GAP zone. Currently, it's trading around $1851, and the overall trend in the weekly timeframe is bearish. If the price continues to stay below the LOW of the...
Today's focus: EURJPY Pattern – Range support test post LH trend break. Support – 157.05 – 155.85 Resistance – 158.40 – 159.40 (area) Thanks for checking out today’s update. Today, we have run over the EURJPY, breaking down the overall price picture and levels we are watching. The JPY has started the week on a strong note with solid gains so far to the EUR,...
hey everyone, back at it again this week! Lets dominate the Charts and set ups this week! with that in mind, also remember we have A LOT of HIGH Impact news events taking place tomorrow and we can see some insane movement please remember information shared is for educational and demo purposes only! Disclaimer -- Past profits don't guarantee a future...
AUD/CAD formed a solid Head and Shoulders. Price broke below and the trend line remained down. Each time the price tests the upside, it makes a lower high. Buy side Liquidity gets swept by Smart Money each time. 21>7 - Bearish Price>200 - Bullish RSI <50 Bearish div Target remains at 0.8735
hi MYR chart Built demand zone and we can take in position there for 1:8 RR , its good , isn't it?
Hi traders, today we are looking at the EURGBP as buyers continue to hold out above a key level of support. This level has been in play since January 2023. The level we are talking about is seen at .8730, and it also runs down to .8720. This level is seen as a key level as if you switch over to the weekly chart, and you will also see this level clearly. It’s...
Looking forward to SSELL at 1.078 resistance level
Fundamentally, the market believes that the probability of the ECB's terminal interest rate of 4.25% this year is 65%, while last week's terminal interest rate was only 4.00%.The European Central Bank's hawkish bets may help the euro limit its losses in the short term. On the technical side, EUR/USD has rebounded since hitting a low near 1.0530 last week. It...
If the 22/08 candlestick closes with the 3 MA's crossing in it, I will be looking to open a buy position on AUD/CAD. I will first wait for the 23/08 candlestick to close above 0.889. If we see this scenario happen, we can look at the pair from a bullish perspective, with the RSI crossing the 50 threshold, the candlestick closing above the ichimoku cloud, all...
EURNZD is coiling around key support. Watching how the price reacts to that structure, we believe that the pair may bounce. Goal for buyers - 1.643 Please, like this idea and comment it!
It looks like CADCHF will keep falling. We see multiple bearish clues on daily/intraday time frames. We will keep holding our short trade. Next goal - 0.755 Please, support our work with like and comment!
CADJPY H4 Next entry point marked on, as described in the technical rundown, and break and subsequent retest of this interim S/R level at 89.00 would be our next point of entry. Sold off a solid 110 pips last week. 89.00 down to 88.00 firstly, with potential to extend further beyond, targeting 86.300.
USDWTI H4 Still sitting within structure here on western texas, lots and lots of consolidation seen during recent trade, initial rejection yesterday to drop circa 2R. However, this $78/b seems to be a little stubborn, a break of this zone should see us drop further.
Hello traders, EURCAD has tested the previous support as resistance and started to the dropdown. It has also created a head & shoulder pattern on this resistacne. because the major trend is down, it is likely that this instrument may drop from here after little retracement.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.