My dear followers ,
I analysed this chart on NZD/USD, and concluded the following:
The asset is approaching an important pivot point 0.61270
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 0.61894
Safe Stop Loss - 0.60915
About Used...
US30 closed last week at +0.20%. US30 had a strong sell out before pulling back up. US30 should continue in a bullish trend at the opening of the market.
With the US continuing to increase interest rates and potentially being in a recession, it was surprising to see markets perform so well last week. However, with Powell seemingly inferring a softer stance, the S+P charted a decent rally.
Technically we continue to view the rebound as a bear market rally that has already reached the 50% retracement of the sell off...
This is a follow up from our posts today, to show an example of how we identify and trade a setup using our Exponential moving average and Goldturn Axis levels.
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GoldViewFX
XAUUSD TOP AUTHOR
EUR/USD has been in an uptrend for the last week or so. Today I found another break and retest set up for a buy on the daily and four-hour charts. Price is above the MA's, and it looks like it will hit those previous highs. Looking forward to seeing this trade play out. If prices break above the previous high, I will update the next potential take profit. Cheers!
here's My Analysis For Next 7 dyas in Bitcoin. it's going near to 57k this week and it's the chance to BUY before it goes higher.
Simple, Clean and understandable by anyone.
MOUCHANEE
EURJPY has found resistance at the 132.00 level. We have made a lower high and a lower low on the daily time frame, could this be the start of a new descending channel ? After a lovely pin-bar candle stick confirming a downward move we have entered EURJPY short with multiple take profits at key support levels. Stop loss positioned above the wick of the pin-bar...
