Hello everyone, Brian here! Expect EURUSD to continue its downtrend: The pair has completed its retracement to the 0.5 Fib level and successfully tested the EMA 34 zone. Technical analysis conditions, along with the ongoing long-term trend, favor the sellers. Happy trading, and don't forget to like and comment if you enjoy this analysis!
The current gold price is trading around 2,323 USD/ounce. The golden boy immediately regained the mark of 2,300 USD/ounce after yesterday's sharp decline to 2,285 USD/ounce. The spot price of gold (XAU/USD) soared last night to more than 2,328 USD/ounce after Fed Chairman Jerome Powell spoke. Mr. Powell affirmed that cutting interest rates now is inappropriate...
Hey Everyone, A piptastic day on the charts today kicking off the new month with blues. Yesterday we got the lock below 2327 opening the retracement range, which was hit perfectly and gave the 30 to 50 pip bounce inline with our plans to buy dips also covering any premature entries. We then stated that we will now wait for this area to support and head for the...
after we see breakup eth last high in low tf we can buy that on 0.618 fibo update soon...
""The time to buy is when there's blood in the streets." A quote that most traders are familiar with. It basically means to buy assets during periods of weakness. Bitcoin is currently experiencing a very volatily bearish period. With a daily RSI sitting around 32 points, it takes just one red day for the daily RSI to hit oversold levels. During strong long-term...
Daily Target met post NY open and Crude oil news. Drop mic. Just imagine you had the skill or someone to guide you where price is going? You have the model... you just need direction.. we all struggle at one point on the bias esp intra day which needs a trader to be dynamic in his/her thoughts even when price is going against them intra day. Daily/Weekly are...
USDCHF - Classic bearish formation - Our team expects fall SUGGESTED TRADE: Swing Trade Sell USDCHF Entry Level - 0.9192 Sl - 0.9229 Tp - 0.9127 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
EURCAD - Classic bearish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Short EURCAD Entry - 1.4699 Sl - 1.4728 Tp - 1.4647 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
My dear friends, Please, find my technical outlook for EURAUD below: The price is coiling around a solid key level - 1.6354 Bias -Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.6451 About Used Indicators: The pivot point itself is...
My dear subscribers, EURUSD looks like it will make a good move, and here are the details: The market is trading on 1.0720 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.0707 About Used Indicators: The average true range ATR plays an important role in 'Supertrend' as...
STRK Analysis and Signal on 4H 🔵Entry Zone 1.125 - 1.159 🔴SL 1.072 🟢TP1 1.288 🟢TP2 1.375 🟢TP3 1.477 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your...
Gold prices lost the $2,300 mark last night as data from the US showed that labor costs are rising, thus pushing up inflationary pressure. As a result, the Fed will need to be more patient in lowering interest rates, as Fed Chairman Jerome Powell announced two weeks ago. Gold price is trading at $2,292/ounce, up slightly by 0.27% after falling more than 2% on...
Measuring the bear flag provides a slightly different target that is a little higher than the 50-Day line. If the flagpole is measured from the daily breakdown of the April 19 low of 2,373 to the recent retracement low of 2,291, a potential target of 2,238 is calculated. Given the clarity expressed by today’s selling (wide range red candle with trading continuing...
Gold is under strong pressure as traders focus on rising Treasury yields and prepare for hawkish comments from Fed Chair Jerome Powell. The Fed will announce its Interest Rate Decision tomorrow. In case gold settles below the support at $2295 – $2305, it will head towards the next support level at $2190 – $2200. Gold breaks down from a bear flag on Tuesday with...
Happy Holiday in Singapore DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 01 May 2024 SELL LIMIT Order: $2316.86 Stop Loss: $2336.66 Take Profit 1: $2297.30 Take Profit 2: $2271.30 Risk per trade: 0.5%. MT4/5 trade expiration: Today 100% mechanical...
Market Analysis PT1/2 (1st May 2024) XAUUSD Analysis On the 4 hour timeframe, we have confirmed a 4 hour MSS with price closing very bearishly on the 4 hour timeframe. Dropping to the 1 hour timeframe, price action here has created a 1 hour OB, along with a 1 hour FVG just right under it. Looking for price to retrace during asia session into the FVG/OB...
In this analysis I want to discuss the possibility that Bitcoin is copying the 2019 mid-cycle bull-market and the following bear market. I don't see this as the most likely scenario, but it's still a scenario that can happen one way or another. As seen on the chart, Bitcoin saw a massive ~370% gain after bottoming in November 2022. A similar gain was achieved...
Hello traders! ‼️ This is my perspective on NZDCAD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. I expect bullish price action from here after price filled the imbalance and rejected from bullish order block + trendline. Fundamental news: Tomorrow we will see result of Unemployment...