The AUDCAD pair recently broke a trendline on the hour chart it could test the support level and drop or break above the support level and go bullish. The commercial sentiment is in favor of buying the Australian dollar. Please let me know what you think!! Thanks!!!
GOLD H4 Gold bounced from this 1785 support region we have in sight, initially saw a nice trade from 1800 up towards 1827, but failed to break this 1827 resistance price, monthly key level and previous high was enough to see resist price. 1800 is now acting as support (current price), we also have somewhat s/r from the previous area of demand and support (to...
DXY D1 Expecting a bearish dollar this week is we can break below this 95.500 price, if we can manage this, we will have set a new low following the consolidation breakout low, therefore continuing this LLLH sequence, we should be well on for seeing our 94.500 retest price. We have been following this for quite some time now and the move we are expecting still...
sell now and keep stoploss above double top and takeprofit at 1.35574, take only 30pips
a super strong support on gold for long setup Maybe...
Eur/nzd has been bullish for quite a while now. My long term bias is very bearish and after a HTF shift in momentum a LTF order block was mitigated and my sell orders have been filled.
ETHGBP D1 Very much the same investing stance on ETH as we have on BTC. We are looking for these daily support trading zones where we can look to average our entries to increase our position size. The first support region (DCA entry point) would be £2350 ish, or as low as possible around the support region, you'll note we dipped to £2300. A break beyond this...
Hey Trader, please see my current idea on Gold where my count suggests that we are currently in our bearish wave 3. This is due to the fact, that we printed a new low which indicated a break of structure. My last Gold analysis is folded and I am sticking to this one now. This is no financial advice, just my technical expertise. RT
formation of inverted HNS pattern .. waiting for confirmation (neck line breakout). long position up to next R level.
Since breaking the 1.936 level, there have been two failed attempts to break the key resistance level of 1.97 (October 11th high). The 1.936 level is now acting as a support zone which price respected earlier on in December. As there hasn't been a convincing break of this level it's very likely that the price will fall and re-test the support level mentioned of...
USDWTI H4 Starting to pullback already, may have missed the boat on this one, but targeting a pullback towards that $70/b price before possible continuations downside again.
GBPUSD H4 Lets see if we can start to fill this 1.34 resistance range now after seeing the hawkish moves off the back of the BOE interest rate hike. Pullbacks seen following the event, healthy corrections back down to 1.33 support. 1.33 support is our retest and confluence zone, effectively where we want to buy from. DXY rejecting that 96.500 price, a break...
GOLD H4 Understanding there is a big dump to break support and knock potential stops, this was fuelled by FED yesterday and the following volatility of this event. Strong bullish run for circa 200 from support close to current price. Little further to push before reaching out pivot point, and we could see reversals and another range fill back down to support.
GBPUSD H4 Same again here for GBPUSD as compared to GBPJPY... Looking for a bit of a market correction here on cable before then taking off again. Heavily influenced by 12:00pm events though, so please be aware and protect positions. Should be another interesting day with aggressive GBP related moves as previously mentioned. 1.33 is clear resistance. So a pivot...
DXY D1 We may finally see this pullback towards 94.500 after the headlines and comments from Powell and the FED yesterday, lots of volatility surrounding the event, but as per the technical rundown... Solid bearish close with a majority wick fill. Fresh daily, and we are seeing resumed weakness, really need to break and close around 95.500 to break interim...
Gold H4 Yet again struggling on gold to break above this 1787 price, key sticking resistance region which ties in with our monthly key level. Some very evident S/R which doesn't want to break, really need to be patient and wait for the break and retest, as this is effectively our protection/confirmation. Additionally, the more we reject, the more cautious we...
Hey Trader, please see my current idea on GBPUSD where my count suggest the next move up in order to finish its first bullish cycle. This is no financial advice, just my technical view of the forex market. RT
GBPJPY H4 151.000 is a strong whole number for this trading pair, it's a key trading zone which has held on the last 2 counts as resistance. 100 pips from 151 short to 150, and another 100 pips from 150 down to 149. Solid trading ranges, with measurable targets and risk projections.