First, if you found this helpful please like and leave a comment in the comment section for more discussion, and don't also forget to follow for more updates Let us traders watch out for this pair this coming week. If the price brake to the upside that means I m on point and the price is facing WAVE C to complete the zigzag correction. Goodluck
EUR/JPY also buy set up. Traders should try to follow the trend to make some profit. Good luck Please follow us, Leave a comment, and like my post if you found it helpful
NZDUSD have been bullish last 3 weeks. Lets take the new opportunity on this pair and see how it plays out.
USD/JPY showing some complex corrections. A trader needs to follow the market according to the behavior. I have drawn down the scenario trader might be looking at next week. We have the impulse, but now it is time for ABC correction so traders need to b careful
I will be considering a sell when the 1HR closes. The market must trade through the current 1HR Low for a validated entry. The market is reacting beautifully to the 2.01000 level with rejection. Also the 20EMA/50MA are in a confirmed downtrend. I will be taking this trade into new lows as a target.
I have a sell stop at the break of the previous 1HR lows. We can see price has come into 1.49000 perfectly and rejected. We all already in a confirmed downtrend using the 20EMA & 50MA as confirmation. My target will be EUR/CAD making new lows.
SPX and indices are in bullish run but currently hit slight O/S status where I see a drop & then turn around for the rebound.
The price pullback from the support . I think the market will range around1998. My target at resistance 1998. Target2:2010
A really nice buy setup has presented itself on gbp/jpy. We can see the market has retested 171.000 perfectly and has shown a bullish close on the 1HR timeframe. We are also in a strong trend to the upside confirmed by the 20EMA and 50MA. Target for me is the market to make a new high.
Strength in CAD more fall for AUD accross most pairs this next Month, new lows
A very clean buy setup has presented itseld on USD/JPY. We can see a clear bullish flag pattern form right within a discounted Fibonacci retracement zone. We can also see price is respecting the 78.60% very nicely & the lower region of the flag pattern trendline.
USDCAD is trading in a bearish trend on a daily. The price is currently testing a key horizontal resistance. Approaching that, the price formed a head & shoulders pattern on 1H time frame. 1.3522 - 1.353 is its neckline. To short with a confirmation, wait for its bearish breakout (1H candle close below that). Sell aggressively or on a retest then. Goals will...
The price of gold has remained low for a second consecutive day, in response to a slight uptick in the US Dollar. The expectation of further policy tightening by the Federal Reserve has bolstered the US Dollar's appeal, causing it to attract buyers on Monday and, consequently, contributing to the decline in gold prices. Market participants now seem to believe that...
Despite the mixed Eurozone PMIs, the EUR/USD has recovered ground and risen above 1.0950. According to the latest manufacturing activity survey by S&P Global research released on Friday, the Eurozone manufacturing sector unexpectedly contracted further in April. The Eurozone Manufacturing Purchasing Managers Index (PMI) arrived at 45.5, falling short of both the...
During the first half of the European session on Friday, the NZD/CAD pair experienced significant selling pressure for the second consecutive day, leading to a five-week low. The NZD was particularly affected by the release of domestic consumer inflation figures on Thursday, which were softer than anticipated, resulting in a less hawkish stance by the Reserve Bank...
The USD is being buoyed by the latest economic report, the Fed’s Beige Book, which revealed that economic activity has remained steady in recent weeks, and that credit conditions have understandably tightened following the banking crisis. Additionally, St. Louis Fed's Bullard has been advocating for further rate hikes to counteract persistent inflation and...
OANDA:EURUSD EU short signaled triggered. Hard 10 pips TP Handful of crude oil reports today. Anything and everything affects something, to a degree.
NZDCAD broke and closed below a key daily structure support last week. Today, we see its retest. The price formed a double top pattern on an hourly time frame, testing that. Its neckline has been just broken. I expect a trend-following movement now. Goals: 0.8289 / 0.8273 ❤️Please, support my work with like, thank you!❤️