As we hope into this new week I'm starting the week looking for a break of highs. Ultimately I'm bearish but need to see this break for them to go full on bearish. For a much better entry on a short. Long as I see the volume continue to support the Narrative I will get in where I can.
#GBPAUD UPDATE Hey Traders, Hope you are enjoying our trading analysis. We are here to update you about our another analysis about #GBPAUD. GBPAUD is forming a bullish peanut pattern, which is an indication of flying high in upcoming time. Here we can see that it is on the major support zone, and we can see that is is forming a bullish candle. We can take...
In today's trading session, GBPUSD enthusiasts are poised for a buying opportunity around the 1.26800 zone, leveraging the pair's uptrend amidst a correction phase. However, amidst the technical considerations, a deeper dive into the fundamental landscape reveals the looming influence of the US Core Personal Consumption Expenditure (PCE) Price Index m/m. The...
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Looking for shorts for both of these pairs, I have mentioned it towards the end of my last week's live stream. You can check it out. Do check out my stream video for the week to have more explanation in place. Do Like and Boost if you have learnt something and...
Hi folks today I'm prepared for you British Pound analytics. A few moments ago price rebounded from the support level, which coincided with the support zone and rose to 1.2735 points, but then it turned around and made impulse down to 1.2500 points, thereby breaking the 1.2600 level. After this, the price in short time rose back to this level and also broke it,...
Just reviewing where I spotted moves this week. Where I missed and anticipating what might happen next week.
Hey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.85550 zone, EURGBP is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.85550 support and resistance area. Trade safe, Joe.
The GBPUSD pair has been trading sideways within the very tight range formed by the 1D MA50 (blue trend-line) and the top (Lower Highs trend-line) of an emerging Channel Down pattern. In fact while the 1D MA50 has been holding since January 17, the Lower Highs have since December 28, already with 3 clear rejections on them. This technical squeeze will naturally...
#XAUUSD UPDATE Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about XAUUSD. XAUUSD Is exactly in the way as we predicted. It's price is gradually dropping as we expected. Here it has maxin chances we can see price below the 1900 soon. Keep in touch we will update further soon.
So we have come to the end of the week and the news from NY session yesterday kept price from moving bullish with the structure. Ultimately price is bearish but they need to go break the highs first before flipping to bearish. Maybe that break can happen some time between now and Monday. The end of the Month is next week so I'm sure something crazy could end up...
So if you been following my post I been bearish on GU pretty much all month looking for entries on a bear move. Price broke structure with GBP news today and started pushing up. Looks like they are looking to take out Highs first before going full on Bearish. So waiting for news tomorrow to see if it wants to finally confirm it wants to go bearish. So for now I'm...
GBPJPY is on a bullish 1D technical outlook (RSI = 65.529, MACD = 1.210, ADX = 62.251), which is a natural consequence of the strong 3 week rally since the January 2nd bottom. However this rally appears to have come to an end as not only has the price hit and got rejected twice on the R1 level (188.660) but the 1D RSI has also reach the top of its six month...
Hey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.85600 zone, EURGBP is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.85600 support and resistance area. Trade safe, Joe.
They got us good with that GBP new flipping to bullish for the session. Now looking for a break of the Monthly High before price could go bearish.
We don't have a complete breakout on the H4 Just yet but its coming. Price has moved very strong to the downside. we will be looking for further positions to continue.
GBPUSD is being rejected repeatedly at the top of the multimonth Channel Down but the 1D MA50 is still supporting it. However the squeeze has gotten to narrow and being on a neutral 1D technical setting (RSI = 50.057, MACD = 0.002, ADX = 25.323), we expect a bearish breakout soon below it. The similarities of the 1D RSI with last August, show that there is...
I'm expecting a big collapse from this pair over the next few weeks. I'm seeing a Break of Structure on the lower timeframes, with 1hr retest. GBP data shocking and certainly indicating recession, USD not looking like a recession. Heightening global conflict could also lead to a stronger USD. I'm going short on this pair, first target 1.255.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 Here is a detailed update top-down analysis for #GBPUSD. Which scenario do you think is more likely to happen? and Why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich