EURNZD broke and closed below a key horizontal support last week. We see its retest now. The price was consolidating for some time within a narrow range on the hourly time frame within the broken structure. The support of the range was broken then. I believe that the pair will keep falling. Goals: 1.801 / 1.796 ❤️Please, support my work with like, thank you!❤️
Hi all If there is no confirmation or consolidation on the hourly timeframe,I expect a model for entry with targets in the Asian low.
Inflation induced rate differentials over nominal exchange rates drove a steady (almost uniform) overvaluation of the Central European Currencies vs. the USD. With present premiums around +10% a swift, near term correction is ever more likely. LONG USDHUF, USDPLN, USDRON, USDCZK
Hi Traders, There is a short opportunity on the USDCHF 1D chart. The market is currently in a retracement wave of the bear flag break, and there is an opportunity for a short entry to target the demand zone to take profit. The demand zone area is 0.88600–0.88202. Please do not forget to like, comment, and follow, as your support greatly helps. Thank you for...
Hi Traders, There is a long opportunity on the EURUSD 4H chart. The market recently closed out the falling price wedge and is indicating a possible retracement to the supply zone, as the market is likely to be oversold at this point. This is also supported by the market breaking and closing above our 20 EMA. There is an opportunity for a long entry near the 20...
Hello, everyone! I'd like to share my idea regarding EUR/USD for today. I want to highlight the excellent liquidity dynamics on both lower and higher timeframes. We are currently forming an order flow on the hourly timeframe around Asian highs, and we have seen a significant impulsive move with the clearing of imbalances from Frankfurt. The logical point for the...
One more instrument that we discussed on the today's live session is AUDNZD. The market is currently testing a confluence zone based on a rising trend line and a horizontal support. To buy the pair with a confirmation, wait for a bullish breakout of the resistance of a horizontal trading range on an hourly time frame. You need an hourly candle close above...
Hi Traders! There is a potential bull flag forming on the 1D USDJPY chart. Our bullish outlook on the US dollar continues, and the potential bull flag here is supporting this. We are currently in the flag channel, and we are looking for a break to the upside of the channel. The important price level here to look out for is 146.564; this is August's high, and we...
Hi Traders! There is a potential rising wedge here on the GBPUSD chart; however, the market has been trading sideways for the past couple of days. Depending on its next direction, the market will either break the supply or demand zones. That being said, there is a bearish bias here due to the lack of upside momentum after the big price rejection spikes we had...
NZDCAD is testing a key daily structure support. The price already formed a doji candle on that, confirming a local weakness of sellers. To buy the pair with a confirmation, I would suggest waiting for a breakout of a neckline of a cup and handle pattern on 4H time frame. 4H candle close above 0.806 will confirm the violation. A bullish continuation will be...
We got a bounce from the Demand Zone. Looking for strong upside move from here. Entry - 1.2662 Stop loss - 1.2576 First Target - 1.279 Second Target - 1.2935 Final Target - 1.312 Please let me know your thoughts. Happy trading!
Looking to short EURCAD at current price rate of 1.47077 due to this M formation trending down. TP is set at 1.45821 and SL is set for 25 pips from your entry. I will continue to advise and update this target projection of the trade.
Gbpusd , I Am Expecting More Bearish Momentum To Kick Into The Market So Price Can Rally Down To 1.2500 So We Can Now Start Seeing The Bulls Comming Back To The Market.
USDCAD classic bullish accumulation pattern. The price set a new higher high before the market closed. IT is a classic bullish confirmation. I expect growth next week to 1.328 Please, support my work with like!
USDCAD formed a horizontal range on 1H time frame. Its support was broken and the candle closed below that. It may trigger a local bearish continuation on the pair. Goal - 1.319 ❤️Please, support my work with like, thank you!❤️
On a today's live stream, we discussed EURUSD. The pair is on a key level at the moment. I spotted a tiny head and shoulders pattern on an hourly time frame with a confirmed neckline breakout. The pair may retrace now. Goal - 1.098 ❤️Please, support my work with like, thank you!❤️
NFP data is very bearish for the Greenback and all USDxxx related instruments. The price formed a high momentum bearish candle on a daily on Friday. Bears will most likely keep dominating on the market. Target level - 0.8845 Please, support this post with like!
GBPAUD formed a double top pattern, testing a daily key level. The price violated the neckline and closed below that. I expect a bearish move now to: 1.9165 1.9135 ❤️Please, support my work with like, thank you!❤️