1D - On the daily timeframe, we continued the trend movement towards the lower boundary of the MS-Range, with a clearly defined order flow, covering all fractal liquidity. The main target of the movement remains 1.723. I would like to remind you that if the price consolidates below this fractal, the daily context will change to a short one. Until then, we are...
My dear friends, Please, find my technical outlook for SILVER below: The instrument tests an important psychological level 22.689 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 23.081 About Used Indicators: Super-trend indicator...
My dear friends, GOLD looks like it will make a good move, and here are the details: The market is trading on 2054.8 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 2037.9 About Used Indicators: Pivot points are a...
My dear followers, I analysed this chart on NATGAS and concluded the following: The market is trading on 2.092 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 2.423 Safe Stop Loss - 1.906 About Used Indicators: A super-trend indicator is plotted on either above or below...
My dear followers, I analysed this chart on EURUSD and concluded the following: The market is trading on 1.0786 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.0832 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to...
My dear friends, Please, find my technical outlook for NZDUSD below: The price is coiling around a solid key level - 0.6155 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clears ell, giving a perfect indicators' convergence. Goal - 0.6119 Safe Stop Loss - 0.6178 About Used Indicators: The...
My dear subscribers, This is my opinion on the USDCAD next move: The instrument tests an important psychological level 1.3374 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.3455 My Stop Loss - 1.3327 About Used Indicators: On...
Well, last trade did not go well... they appear to be seeking a higher area, so I'll try a re-entry short to get some money back. "Chart Idea" trading is not really my thing, but I'm giving it a try and see if I can't get better at it. A lot of what I do is very real time and I make a lot of adjustments, so this is a challenge for me, but I'll keep at it. Anyways,...
My dear friends, My technical analysis for EURUSD is below: The market is trading on 1.0819 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.0853 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend...
My dear subscribers, CHFJPY looks like it will make a good move, and here are the details: The market is trading on 170.01 pivot level. Bias - Bullish My Stop Loss - 169.51 Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish Target - 170.90 About Used Indicators: The average true range ATR plays an important role in...
GBP/JPY is rising towards a pullback resistance and could potentially reverse off this level to drop towards our take-profit target. Entry: 186.906 Why we like it: There is a pullback resistance that aligns close to the 50.0% Fibonacci retracement level Stop Loss: 188.919 Why we like it: There is a pullback resistance level Take Profit: 184.474 Why we like...
The Pound (GBP/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop towards our take-profit target. Entry: 1.27800 Why we like it: There is a pullback resistance level Stop Loss: 1.28276 Why we like it: There is a swing-high resistance that aligns close to the 127.2% Fibonacci extension level Take Profit: 1.26577 Why...
USD/CAD is falling towards a pullback support and could potentially break under this level to fall towards our take-profit target. Entry: 1.33546 Why we like it: There is a potential breakout level Stop Loss: 1.34638 Why we like it: There is a pullback resistance that aligns with the 61.8% Fibonacci retracement level Take Profit: 1.32564 Why we like it: There...
USD/JPY could rise towards an overlap resistance and potentially reverse off this level to drop towards our take-profit target. Entry: 147.096 Why we like it: There is an overlap resistance that aligns with the 50.0% Fibonacci retracement level Stop Loss: 147.927 Why we like it: There is a pullback resistance that aligns close to the 78.6% Fibonacci retracement...
Time: Tuesday at 14:30 AEDT With the Fed, ECB and BoE now having offered their guidance on policy and all largely pushing back on the pricing of imminent cuts, it’s the RBA who steps up as a risk event for traders on Tuesday. Like the aforementioned central banks, the timing and the extent of RBA rate cuts are the subject of much debate among local market...
– Thursday Daily candle closed strong Bullish at 2055.200 within Daily Resistance formed on Tuesday 16th January 2024, As per the Analysis posted yesterday (XAUUSD 01.02.2024 1h chart) the Buys played out exactly as anticipated. For Friday we have High Impact News event for the US Dollar. I’ll be looking for potential Buys above 2060.800 targeting 2066.200 for...
– Thursday Daily candle closed Bullish at 186.540 forming Daily Support at 186.350 and leaving over 100 Pip Rejection wick to the downside. I’ll be looking for potential Buys above 186.700 for price to retest the broken Daily Support Range (187.400) and the 4h Resistance (187.830). I’ll be looking for potential Sells below 186.270 targeting recent previous Hourly...
The hourly timeframe, like the daily timeframe, is in a long context. There are plenty of targets above. Tomorrow, I plan to work in the long context after the formation of the Asian session. P.S.: Posted a potential short position earlier today, but the price didn't conform to the model on lower timeframes, so any position opening was missed.