usd jpy got break out make a long trade as shown in the picture, follow for more live updates @FOREX_TRADER_007
GBPUSD sell based on this 4H bearish trend and retrace. Not financial advice, use sound risk management.
Entry: Short position recommended upon retest of 1.25800 support-turned-resistance. Stop Loss: Place stop loss near 1.26200 to mitigate potential losses. Take Profit Targets: - TP-1 : 1.25390 - TP-2: 1.24980 Conclusion: Favorable short trading opportunity post-breakdown. Maintain disciplined risk management. Disclaimer: Trading forex carries high...
GBPUSD Long Target 1.2714 (Fib level 0.618) Immediate Target - 1.2714
Good evening everyone! Don't forget to put your thumbs up and write comment if you like the idea. The price moves smoothly into the long area. On Friday I expect to receive an impulse growth against the backdrop of the same decline in the labor market. First target: 1.26700 Final target: 1.28000
if the price broke the trendline i see that the support will push the price upward
GBPUSD we have been trying to sell GBPUSD since long time price consolidated and then took out the buy side liquidity, now price has broke out the sell side trendline liquidity. In our view, price will continue to drop at least for another 200 pips, then after we will wait for second safe entry. Good Luck Trade might be ready within next week since we will be...
GBPUSD did not change much in the last session, the situation remains unchanged, continue to expect the price to go down in the short term, the target is around the 1.25xx threshold, however you need to move the SL for short positions. to the 1.2640 area to reduce risks.
Pair : GBPUSD ( British Pound / U.S Dollar ) Description : Bearish Channel as an Corrective Pattern in Short Time Frame RSI - Divergence Break of Structure Consolidation Phase in Short Time Frame Completed " 123 " Impulsive Waves
Here on gbpusd price has made rebound around psychological level of 1.26000 and now making some rejection that means that going for LONG is expected and targeting profit should be around 1.26500 or more.
We have observed that since GBPUSD broke from 1.28000, it has been continuously declining. According to our prediction, GBPUSD may continue to decrease further, with our target set at 1.25380, 1.25000. If GBPUSD breaks the 1.26380 resistance level again, its target would be 1.26800 🔑 Remember, money management is crucial. Before employing our analysis, please...
GBPUSD is trading along The rising Chanal And the pair has retested The line so as we are already Seeing a bullish rebound A further local move up Is to be expected !
GBPUSD fell sharply in the last session after creating a bearish engulfing candlestick pattern. Currently, the resistance level of 1.26 is showing signs of being broken, selling pressure is still very strong, continuing to expect the price to go down in the short term, The target is still around 1.25xx. The position to enter a sell order at this time is not good....
GBPUSD also had a downward move in the last session, but it has not changed the situation, corrections can bring buying opportunities with better entry points, you can look for opportunities when the price retests. Check the 1.25xx conversion level, target around 1.2800
My bias for GU is downward, expecting a minor retracement before a continuation of the downtrend. Currently, I'm monitoring for price to rise and reach the newly identified supply levels, particularly focusing on the 20-hour supply zone for its high quality. Observing the reaction at the first 4-hour supply, I anticipate a possible minor reaction, though I...
The analysis for GBP/JPY (British Pound paired with Japanese Yen) indicates a significant sell zone, characterized by the breaking of previous major support, which has now turned into resistance. The main resistance zone is identified between 190.9 to 191.4, suggesting a strong barrier to further upward movement in the currency pair. Examining the data from big...
Gold price (XAU/USD) retreats after hitting a fresh record high earlier this Thursday and trades just above the $2,200 round-figure mark during the first half of the European session, still up for the second straight day. The prevalent risk-on environment – as depicted by a generally positive tone around the equity markets – prompts some profit-taking around the...
OANDA:EURUSD Economic analysis Following Wednesday's upsurge, OANDA:EURUSD turned south on Thursday and closed the day deep in negative territory. The pair stays on the back foot early Friday and trades within a touching distance of 1.0800. The renewed US Dollar (USD) strength forced OANDA:EURUSD to make a sharp U-turn on Thursday. The S&P Global...