Hello traders ,what do you think about EURUSD?This pair touched the level of 1.10090 and then declined and is now below the specified resistance zone. After the correction to the specified zone, it is expected to drop at least to the specified support area. If this post was useful to you, do not forget to like and comment.❤️
The EURUSD appeared to be on firm footing on Monday after falling below the psychological barrier of 1.10 on Friday. However, the recovery is unlikely to last long as much weaker-than-expected German Ifo data and rising bearish momentum in the 1D timeframe are keeping the near-term trend under pressure. Additionally, last week's (1W timeframe) long upper shadow...
The dollar index fell 0.1% as markets weighed potential timing of 2024 Fed, ECB and BoE rate cuts and whether the BoJ on Tuesday will offer more clarity regarding when they might hike. That came after last week's dovish Fed and hawkish ECB and BoE meetings and Fed speakers' pushback against big 2024 rate cut pricing. EUR/USD rose 0.3% in line with the...
The dollar is currently volatile against most major currencies as market sentiment has been hit by expectations that the US Federal Reserve could start cutting interest rates. The exception remains the Japanese yen, which maintains its position against the dollar even after the Bank of Japan's decision to continue its expansionary monetary policy. Fed officials...
NZDUSD reached the top of the Bearish Megaphone pattern and along with the overbought 1D technical outlook (RSI = 71.202, MACD = 0.006, ADX = 58.197) is on the ideal short level. The last LH was priced just under the 0.786 Fibonacci level and this is where the price is currently at. We turn bearish, targeting the 1D MA50 (TP = 0.60500). ## If you like our free...
By checking the chart of USDJPY , we can see that the price has fallen by more than 800 pips since the last analysis until now, and the final return has reached more than 1000 pips! As you can see, the price is currently gathering the necessary strength to grow again up to 144,700 to fill the liquidity void caused by this drop! The main point of view is still...
Gold is in bearish movement gold fall will done from my point of view Gold can fall Gold Sell from 2019- Sell limit 2032 Target 2000 Wish you best Always follow the trend
GBP/CAD Long • If price impulses up above our rayline, it does so in a convincing manner and a tight flag forms, then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's...
Might be the last trade of the year for me. Swing trade on the H4/H1 timeframe confirming the bullish structure with a candle's close above the previous highs. Retest on the H4 OP of the bullish impulse, imbalance closed. Change of structure on the H1 and entry on the retracement. (H4 Bearish candle with rejection and high volumes = high effort, small result for...
EURUSD is technicall bullish on the 4H outlook (RSI = 59.390, MACD = 0.002, ADX = 51.118) but had a Double Top rejection on the R1 level (1.10200) on Thursday and is pulling back. The 4H MACD Bearish Cross is validation of the the short signal and the immediate target is the HL trend-line (TP = 1.07850). If the price crosses under the S1 level (1.07250), we will...
GBP/CAD Long • If price impulses up above our most recent high, it does so in a convincing manner and a tight flag forms, then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If...
After the US Federal Reserve announced that it would cut interest rates next year. In addition to the central bank meeting, investors will also be keeping an eye on the European Union (EU) summit, which begins next Thursday in Brussels. The summit comes at a critical time for Ukraine, as the Biden administration has so far failed to pass a $60 billion aid...
hello trader’s what do you think about audusd)? Audusd a breakdown of resistance levels and bake down said support levels wait for channel breakout go down) key levels 0.66605 Key levels 0.66932 Key levels 0.65767 Key levels 0.65519 (Follow me don’t miss next ideas)
Hello traders ,what do you think about GOLD? Gold broke the support of the 2030 zone on Friday and the price closed below this zone.It is now expected to drop to the specified level after the pullback to the broken level If this post was useful to you, do not forget to like and comment.❤️
Hello traders ,what do you think about EURUSD? This currency pair is approaching the resistance zone and the downward trend line, which is expected to fall to at least the specified levels upon reaching this zone. It's important to note that today's European Central Bank meeting and Mrs. Lagarde's speech, the President of the European Central Bank, could...
Hello traders what do you think about euousd)? traders euousd breakout trade line support levels Rsl retet To lower high Rsl now waiting for retest same Rsl? Now see I will down 👇 support levels ✅ Key levels 1.07948 Key levels 1.06500 Key levels 1.05500 💵 steady, euro soft as traders wager rate cuts to begin in Q1 Dec 6, 202314:19 GMT+5 The dollar held...
GBP/USD Long • If price corrects and a tight flag forms, then I'll be looking to get long with a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. GBP/CHF Long • If price corrects and a tight flag...
New Zealand's manufacturing PMI, also known as the BNZ BusinessNZ Manufacturing Performance Index, jumped from 42.9 points in October to 46.7 points in November and hit a 6-month peak, but is still in the range narrowed and was the 9th consecutive month below 50 points.