Hey Everyone, Please see updated daily chart structure. We are at a very crucial support zone on the daily chart, challenging 1660 Goldturn, which we saw price bounce off on Friday and failed to cross below, leaving room for a recovery this week. We will be monitoring this chart closely for EMA5 cross and lock confirmation to track this movement range to...
Looking Back at Mar 22, 2021, We talked about XAUUSD in consolidation level. Since that time, XAUUSD has tested its historical time and failed. Then reversed in deep correction. As I said at previous idea Mar 22, 2021, "Break and hold above 1925 would resume medium term bullish view to test 1990 and all time high 2075 level. Break below 1660 would invalidate...
XAUUSD is Still in Strong Downtrend. If Break Below 1661.71, then Bearish Continue To Target 1635.90. XAUUSD, While Below 1734.12 is Still Bearish. Resistance at 1689.37.
EURUSD made a false break below Strong Support 0.98999, and the rebound. After That, EURUSD HIT TARGET at 1.0078, 1.0134, 1.0189. As we talked at previous idea, "While Above 0.9899, EURUSD then Potential Rebound To 1.0078, 1.0134, 1.0189." Now, Can EURUSD rebound continue? If EURUSD Break Above Fibo 61.8% 1.0189, then Potential Target at 1.0268 &...
GBPUSD rebound after hit 1.1405 level. As we talked at previous idea, GBPUSD "If Break and hold Below 1.1876 then Potential Target is 1.1624. Strongest Support at 1.1411." Now, GBPUSD hit Fibonacci 1.618% and formed Double Bottom around 1.1405. Outlook, While Above 1.1405, then GBPUSD Potential Target at 1.1760 & 1.1934. But If Fail To Hold Above 1.1934, then...
No Comment! Please write any advice or suggestions. Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed and ask any questions. Thanks for your attention
Please write any advice or suggestions. Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed and ask any questions. Thanks for your attention
So far, Dollar Index DXY was rejected from 109.20. REASONS TO REJECT BULLS: 1. LONG UPPER SHADOW CANDLE 2. TRIPLE TOP 3. FIBONACCI EXT. 61.8% While Below 109.20, then Potential To Retest 108.26, 107.37, 106.17. But, Break & Hold Above 109.20, then Bullish Continue, Potential To Target 110.53 & 112.23.
EURUSD Rebound From Below of Its Parity. While Above 0.9899, EURUSD then Potential Rebound To 1.0078, 1.0134, 1.0189. Resistance at 1.0268. Strong Resistance at 1.0368, If Break then Bullish. But While Below Fibo 61.8%, 1.0189, EURUSD is Still in Bearish Trend. Strong Support at 0.9899, If Break, then Bearish Continue To Target 0.9840. Next Bearish Target...
Hello Traders, today the pivot point for US500 index is 4165 , if brak above next target 4200 if not 4165-4200 could be a good shorting level targeting 4100 and lower levels.
Hey Everyone, Please see our 4H chart setup. We played this perfectly from the drop to the ride up, true level to level trading. We waited patiently today for the support test and took a BUY signal in premier, all the way to the top, with a PERFECT TP FINISH !!! Price is now in a resistance zone here, so we cannot isolate the Bears yet unless we see EMA5 cross...
NZDUSD Break critical level at 0.6212 and Fibo 61.8% at 0.6216. Break Below 0.6212 then Open The Way To 0.6191 & 0.6184. Break Below 0.6184, then Open The Way To 0.6147. Strong Support At 0.6060. If Break, Bearish Continue. But Hold Above 0.6212, Open The Way To Rebound To 0.6264. Resistance At 0.6312 & 0.6371. Strong Resistance At 0.6468, If Break, Bullish Continue.
Please write any advice or suggestions. Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed and ask any questions. Thanks for your attention
XAUUSD Rebound from its lower area of its Medium term consolidation 1676 & 2075. For a while, XAUUSD is rejected by 1786 around its MA 50 Daily. If Break & Hold Above 1786 or MA 50D then Open The Way To Test 1828.41 & 1875.50. Its Strong Resistance at 1922.58 (61.8% Fibonacci). Its Strongest Resistance at 2075. But, While Below 1786, Potential To Retest 1721.70...
Hey Everyone, Please see 4H chart setup for the coming week with updated upper Goldturns. EMA5 has crossed MA200 again confirming the Bullish setup. We have a retracement range between 1761 and 1748 for any movement down before resuming Bullish move. However a EMA5 break and lock below 1761 will open the full swing range. We also have a gap target at 1798 left...
Yesterday BTC held the support and is ready to challenge the resistances above. The key resistance above is $24675.62. 2-week core resistance is at $28227.07. The pull-back supports are between $22655.04-$22267.40. If these supports are not broken down, BTC will go up against the resistance above. If supports are broken, it will come back to consolidate. The...
On June 16th, SNB Surprises with first interest-rate hike in 15 years due to which market reacted with bullish CHF sentiments. SNB also started selling foreign currencies by CHF Buybacks which also contributed to recent spikes in Swiss Franc Valuation. However, repurchasing of CHF is advantageous for the balance sheet but if the CHF doesn't gain strength then it...
GJ price drop to the low of 6july and & 16 june strong demand zone in 4h we see clear double bottom structure and now price is rebounding. Rsi bullish divergence shows buyers bias. Bulls try to hold this level and trying to push price upside now wait for the breakout of 162.44 level than entr buy position with the target of 162.35, 163.92 and above levels i...