British pound to the New Zealand dollar showing us a consistent swing move to the downside which has played out around 4 to five times already before we got to the point we're at now we now have another clean push to the downside with a clear POI and a swing high to match we're now waiting for the formation of our swing low once this is formed we will have a valid...
Starting off this week's markups with British pounds to the US dollar as many of you are probably aware there was a war that broke out over this weekend which has affected the open price of nearly all US correlated pairs this in turn has left a gap which has made things a little bit more interesting coming into this week as we have gaps to fill and imbalances to...
After price broke structure to the upside on higher timeframe, it retraced and formed liquidity above a demand zone that was left behind during the reversal. Price could now utilize the liquidity to fuel its move to the upside to target the weak high that's filled with liquidity
GBP/USD Faces Pressure Amid Israel-Hamas Conflict and Economic Challenges The Pound Sterling (GBP) experienced a downturn, dropping below 1.22 against the US Dollar (USD) as geopolitical tensions escalated due to the Israel-Hamas conflict. This development has contributed to a risk-averse market sentiment, impacting the GBP's performance. Additionally, the UK...
GBP/USD Consolidates Gains Ahead of Key US NFP Report The GBP/USD pair is currently treading water in the Asian session, consolidating its recent robust recovery from the 1.2035 area, which marked its lowest level since March 16 earlier this week. With traders on the sidelines, the focus is firmly on the impending release of the US Nonfarm Payrolls (NFP) report,...
Details on chart - looking to see the impact on the markets of the increased geopolitical tensions and playing the bias from there
Hey Traders, in the coming week we are monitoring GBPUSD for a buying opportunity around 1.22100 zone, GBPUS was trading in a downtrend and successfully managed to break it out. Currently we are waiting for a correction in order to see a potential retrace of the trend towards more highs. Trade safe, Joe.
GBP/USD - H4 Chart - Channel Breakout Pattern take buy entry after bullish candle Formation . Always wait for strong Conformation in Short term for entry. 👈👈👈 If you found my post helpful or informative, could you please leave a comment 💬🖌 and hitting that like button💚💚 “Markets are never wrong, but opinions often are.”-Jesse Livermore Good Luck💛💛
Hi my friends. This is my long setup for EURUSD Be careful, put your SL in a safe area
Today's focus: GBPAUD Pattern – LH Trend continuation Support – 1.8935 Resistance – 1.9185 Hi, and thanks for checking out today's analysis. The GBPAUD daily is today's focus. What has our attention is the possible continuation that's setting up. This looks to be a bearish continuation at this point, but we want to see price hit a new lower low for the week to...
Tap and respect in my FVG on LTF. Watching to see if we see a push back up to the 1827 resistance area. This is a strong high so i doubt the break, but definitely a re test. Gold 4Hr support around 1815-16 area, Weak low so after a touch of 27 i will target 16.
Hey Traders, in today's trading session we are monitoring GBPUSD for a selling opportunity around 1.22300 zone, GBPUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.22300 support and resistance area. Trade safe, Joe.
GBP/USD Rebounds Slightly Amid Weaker Dollar, But Challenges Loom The GBP/USD currency pair has shown modest gains, trading above the mid-1.2100s during the Asian session on Thursday. However, the pair's upward momentum remains relatively limited, as it grapples with a series of challenges and uncertainties. In this article, we'll explore the factors influencing...
The GBPCAD pair has been trading within a Bullish Megaphone for the whole year and is about to test the 1D MA200 (orange trend-line). The recent rebound is taking place on strong technicals as it not only started on the 1W MA100 (red trend-line) but also after a 1D MACD Bullish Cross from oversold levels that we haven't seen since July 2019. If the 1D MA200...
Sell GBPCHF Triangle Pattern GBP/CHF - M30 Chart - Triangle Pattern Formation. its good chance to sell today. Thank you
Last week EURGBP posted a green Heiken Ashi candle on the weekly time frame. This suggests to me that we may see another green weekly candle posted this week. It is also the case that EURGBP posted a green Heiken Ashi candle on the daily time frame, after a series of red candles. This suggests to me that we may see a multi-day bull run.
Hey Traders, in today's trading session we are monitoring GBPAUD for a buying opportunity around 1.911 zone, GBPAUD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.91100 support and resistance area. Trade safe, Joe.
GBPNZD closed a strong 1D green candle yesterday, the first of this magnitude after almost one month. The 1D timeframe remains bearish technically (RSI = 39.063, MACD = -0.018, ADX = 72.262) so the trend is still bearish but as the 1D MACD is close to a Bullish Cross, and the 1D MA200 is holding, we can take a counter trend buy and target the R1 level (TP =...