GBPUSD bullish trend activated. Found a support region. Expecting price to trade from that zone to the area marked as tp. Not everyday will be a trade day. If you don't see your setup, don't trade. This isn't a trade signal. I'm not registered to give financial advice. DYOR
Hey team, hope you all are enjoying our ideas and analysis. Now we are here to discuss about AUDUSD. AUDUSD is at a strong support level and making a good reversal in the market. In this move we can see gain upto 200Pips+. Keep in touch we will update further soon.
The Pound (GBP/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 1.21061 which is a pullback resistance.
Stop loss is at 1.21680 which is a level that sits above the 38.2% Fibonacci retracement level and an overlap resistance.
Take profit is at 1.20371 which is a swing-low support.
High...
Hy team hope you all are enjoying our ideas and analysis. Now we are here to discuss about GBPUSD. GBPUSD is making descending channel Pattern. Now we are looking for breakout. After this Breakout it has Maximum chances we can see bullish wave upto 700Pips+.
Keep in touch we will update further soon
Hy team hope you all are enjoying our ideas and analysis. Now we are here to discuss about USDJPY. USDJPY is making rising Wedge Pattern. Here it has maximum Chances we can see a good drop in price. In this drop we can see drop around 100Pips+ soon. Keep in touch we will update further soon.
Looking at this pair and comparing it to the DXY index I think there's more likely to be a bounce from here, than a further bearish extension.
DXY is failing to break a descending dynamic trendline, it's currently retesting again and showing signs of rejection. Fundamentals were good for DXY today but the price didn't react as I would have expected, which...
Hy team hope you all are enjoying our ideas and analysis. Now we are here to discuss about USDCHF. USDCHF has breaked the main Falling Wedge Pattern. Here it has maximum Chances we can see a good bullish wave. In this move we can see bullish upto 100Pips+.
Keep in touch we will update further soon.
We saw GBPUSD spike today following the favourable employment news and then reject the descending trendline (confirmed with doji and then rejection). Fundamentally there has been negative PMI data (manufacturing was green but still below 50) to support my view, so I think the bigger downtrend will continue.
I also don't believe the USD is done yet, it will remain...
GBPJPY is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 184.257 which is a pullback resistance that aligns close to the 78.6% Fibonacci retracement level.
Stop loss is at 185.900 which is a level that sits above a swing-high resistance.
Take profit is at 181.398 which is a pullback support...
Well, the price swiped liquidity below the previous lower low and had a bullish reaction.
Now if the price can stay above 1.20900 we can expect more upward move.
Please pay attention to the details on the chart.
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🗓19/10/2023
🔎 DYOR
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If the gbpusd pair can break the wedge and resistance without bearish divergence then brexit wont be doom and gloom as some portray
on the smaller time frames we have already seen a price surge from the news in October 2019 to the exit date last night
Hey team we are here eto discuss about US30. US30 has completed the retesting to our main Rising Wedge Pattern. Here it has Maximum chances we can see a good drop in price. In this drop we can see price around 31600 soon.
Keep in touch we will update further soon.
The Pound (GBPUSD) could rise towards a pullback resistance and potentially reverse to drop lower towards our take profit target.
Entry: 1.22138
Why we like it:
There is a pullback resistance that aligns close to the 50.0% Fibonacci retracement level
Stop Loss: 1.22716
Why we like it:
There is an overlap resistance that aligns above the 61.8% Fibonacci...
