My dear friends, My technical analysis for CADCHF is below: The market is trading on 0.374 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 0.6368 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend...
January 17th DXY: Consolidate or retrace down to 103.30, before pushing higher again to 104 (Stay above 103.25 to remain bullish) NZDUSD: Sell 0.6080 SL 20 TP 70 AUDUSD: Sell 0.6515 SL 20 TP 50 USDJPY: Buy 148.60 SL 40 TP 110 GBPUSD: Wait for retracement to complete, Sell 1.2680 SL 20 TP 65 EURUSD: Sell 1.0880 SL 20 TP 60 USDCHF: Buy 0.8610 SL 20 TP 40...
#EURUSD Greetings! Anticipating a continued focus on short positions for the euro. On the higher time frame, we are entering the daily FVG, indicating potential further downside. As of now, no compelling reasons for a reversal have been identified. Positions will be considered from the Asian session's high.
The Aussie (AUD/USD) is falling towards a pullback support and could potentially bounce off this level to rise towards our take profit target. Entry: 0.65274 Why we like it: There is a pullback support that aligns close to the 61.8% Fibonacci retracement level Stop Loss: 0.64522 Why we like it: There is a support level that aligns with the 78.6% Fibonacci...
The Kiwi (NZD/USD) is falling towards a pullback support and could potentially bounce off this level to rise towards our take profit target. Entry: 0.60986 Why we like it: There is a pullback support that aligns close to the 50.0% Fibonacci retracement level Stop Loss: 0.60579 Why we like it: There is a support level that aligns with the 61.8% Fibonacci...
The focus from broad market players has been in part on developments in the Red Sea, but also on Fed gov Waller speech at the Brookings Institute. As many have seen in the price action, the aggregate view is that Waller's comments were hawkish, although in essence that’s only relative to the lofty expectations of cuts priced into interest rate and US swaps pricing...
– Previous Daily candle closed extremely Bearish around 2028.500 forming Daily Resistance around 2054.800. – Buys on close above 2032.200 targeting 1h previous Support formed around 2037.700, Leaving Runners to the 4h previous Support formed on 12th January 2024 around 2043.800. – Sells on close below 2023.600 targeting previous Daily Support formed on 18th...
– Previous Daily candle closed Bullish around 185.940 above recent Daily Resistance formed on Thursday 11th January 2024. – Buys on close above 186.180 targeting 1h previous Support formed on 1st December 2023 around 186.480, Leaving Runners to the previous Daily Support formed on 30th November 2023 around 186.840. – Sells on close below 185.750 targeting 1h...
Continuing to consider the pound in a short direction, the main targets in the form of daily equal lows have not been reached yet. I prefer not to trade outside of OTT, but will seize market opportunities if presented.
My dear friends, Please, find my technical outlook for USDCHF below: The price is coiling around a solid key level - 0.8609 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 0.8510 Safe Stop Loss - 0.8671 About Used Indicators: The...
My dear friends, My technical analysis for GBPAUD is below: The market is trading on 1.9133 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.9010 Recommended Stop Loss - 1.9201 About Used Indicators: A pivot point is a technical analysis indicator, or calculations,...
My dear friends, Please, find my technical outlook for EURUSD below: The price is coiling around a solid key level - 1.0886 Bias - Bullish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.0948 About Used Indicators: The pivot point itself is...
My dear followers, I analysed this chart on NATGAS and concluded the following: The market is trading on 3.331 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 3.061 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to...
My dear friends, EURGBP looks like it will make a good move, and here are the details: The market is trading on 0.8583 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 0.8613 Recommended Stop Loss - 0.8568 About Used...
EUR/USD -EUR/USD did a nice push to the down side of the market after weird behavior(some kind of consolidation). -We have 2 supply zones above the price. -Weit until mitigation and then confirm it.
EUR/JPY is rising towards a pullback resistance and could potentially reverse off this level to drop towards our take-profit target. Entry: 160.004 Why we like it: There is a pullback resistance level Stop Loss: 161.052 Why we like it: There is a pullback resistance that sits above a confluence of Fibonacci levels i.e. the 78.6% projection and the -27.0%...
USD/JPY is rising towards a multi-swing-high resistance and could potentially reverse off this level to drop towards our take-profit target. Entry: 146.465 Why we like it: There is a multi-swing-high resistance level Stop Loss: 147.602 Why we like it: There is an overlap resistance that sits above the 100.0% Fibonacci projection level Take Profit: 144.786 Why...
– Previous Daily candle closed weak Bullish around 2055.400 as price ranged across the Monday sessions. – Buys on close above 2058.700 targeting 4h Resistance formed around 2064.200, Leaving Runners to the 1h Resistance formed on 2nd January 2024 around 2070.600. – Sells on close below 2050.500 targeting Weekly Support formed around 2045.500, Leaving Runners to...