On GBPUSD look for buy opportunities..Upwards trends on GBPUSD don't try to sell u will be trapped by marked
Pound Sterling: On Monday and Tuesday, all the ideas were sideways and short; the pound was short above and below 1.2730 yesterday, falling around 1.2670, with a profit of 70 basis points, and a profit of 7 US dollars, which is not bad; Today's market: 1: In the daily K, it is also the support of the middle track for the time being, and it is difficult to...
Hello Traders, We have A Support Zone. If The Price Breached The Trend Line, Take Entry While Retested and Looking For Bullish Momentum. Please Note That The Only Purpose of The Information On This Page is Purely Educational. I Would Welcome Your Participation And Support in the Form of Likes, Comments, And Follow us to Offer Some Encouragement. Thank You.
GBPSGD's weekly price action appears cleaner than most of the other pairs I've been watching. Looking at the key levels, it appears that price is gradually recovering from the selloff initiated in mid-July. The last higher-low bottom out was in mid-October of 2023. The latest higher-low formation and breaks the upper range boundary. It's also a stronger...
The US dollar grapples with challenges in gaining traction globally, impacted by recent indications of cooling inflation in the US. This trend raises expectations of a potential Federal Reserve interest rate cut in the coming year. In thin holiday trading, major currencies remain stable, with the yen holding near yearly highs, supported by expectations of the Bank...
Dating back to the 760s, the pound was first introduced as a silver coin and spread throughout the Anglo-Saxon kingdoms. In 1158 the design was changed and silver was replaced. The new coin was made of 92.5% silver and was known as the British Table. The British pound has been around for hundreds of years, with its origins dating back to his 8th century AD,...
In addition to the financial report, September U.S. retail sales figures released Tuesday will help investors better understand the power of consumer spending, which drives about two-thirds of the economy. Economists had expected retail sales to rise 0.2% last month. The better-than-expected data could raise concerns about a rebound in inflation and strengthen...
The FTSE 100 index in the UK witnessed a slight increase of 0.08% on Friday, closing at 7,608.08. This uptick was led by JD Sports Fashion PLC and water company Severn Trent PLC. Both companies saw their stocks rise by 4.80% and 4.42%, respectively, contributing to the overall gain of the index. Notably, JD Sports Fashion PLC performed well with a market...
European stocks had a mixed day with some declines: Reason for Decline: The German software company SAP had a tough day due to a weak forecast from a U.S. tech company called Oracle. Investors also got a bit nervous ahead of key U.S. inflation data and an interest rate decision by the European Central Bank. Market Movements: Overall, European stocks, represented...
Hello Traders, I know this pair is not one that most people trade, however, the price structure of this pair presents a short trade for day traders. This pair has some bearish juice in it and based on the price structure, this pair is retracing after the bullish rally. If you look closely at how yesterday's candle closed, you will notice that the price was...
If helps you, please like and share. #price_action GBPSGD
hello dear trader this price action of (GBPUSD) I have drawn these price action level very carefully ... you can buy and sell and scalpnig in those level ... good luck
Springing off emas like a swing or boomerang but this one is not coming back | 3 strike continuation on weekly
Hello Traders, This pair which is a new addition to my watchlist is looking interesting. Let me tell you why... Firstly, the price just took out Dec 2022 high and reacted. You would see my label on my chart. Now price made a bearish expansion but not before taking out the relative equal highs as marked on my chart. Now that price had taken buy-side liquidity,...
I will enter with a short under the enter area , first we need to wait for a breakout of the support line
Hello Traders, This pair which is a new addition to my watchlist is looking interesting. Let me tell you why... Firstly, the price just took out Dec 2022 high and reacted. You would see my label on my chart. Now price made a bearish expansion but not before taking out the relative equal highs as marked on my chart. Now that price had taken buy-side liquidity,...
Hello Everyone! the British Pound has reached its daily resistance area that is 1.67488, it looks weak and also the overall trend is bearish on higher timeframes thus we expect it to move to 1.63916 zone in the short term. Long term target is 1.60006 Thank You, Like and Comment if you like the analysis..