Technically speaking USD has been ranging from 100 to 105 for a long time. it had an up break twice but got rejected. This time is different and that is due to the break not getting rejected. Market move showing a big bull run incoming targeting 110 area. Expecting FED to keep rates steady due to GREEN CPI readings making them kind of unable to do so. The only way...
Preferred direction: SELL Comment: Despite the weakness of the franc (only the yen is weaker among the majors), we are also considering the weakening of the US dollar . The European session will be calm, most likely against the backdrop of Labor Day, but the American session will be busy. Of course, market participants will be especially interested in the ...
🟣 Today, let's delve into the latest developments in the Ethereum BINANCE:ETHUSDT market landscape. Here's what you need to know: Ethereum's Price Analysis: Ethereum has been in decline since mid-March, with its price developing a Downward Channel pattern. Consolidation periods compressed in Rising Wedges within this pattern suggest a continuation setup...
As we approach the FOMC meeting later today, there is anticipation of a potential bullish movement of the EUR against the USD, accompanied by a retest of the 50% Fibonacci level on the short timeframe and an uptick in value. Indicators suggest oversold conditions. Regarding the Federal Reserve, it is expected to maintain a hawkish stance, acknowledging persistent...
Recently, BTC has experienced downward pressure. A bearish pattern is evident on the 4-hour chart. At present, it has traded into a key support zone and there’s a strong possibility we see it pullback into a resistance zone. The video discusses the prevailing trend, recent price movements, overall market structure, and presents several trading ideas for your...
FX:NZDUSD bounces and strengthens towards MA-200 and resistance of the current trend on H1 against the backdrop of the dollar index correction. On D1 the medium-term outlook is clear. There are no prerequisites for the change of the global trend and most likely the fall after the resistance retest may continue. The dollar also at the moment does not give...
➡️From the monthly chart, we can see that a large negative column has appeared, which indicates that adjustments at the daily and weekly levels have occurred. This shows that it will be difficult for us to reach new highs in the next 1-2 months. ➡️Therefore, we need to pay attention to buying opportunities when the price reaches the daily and weekly buy...
USDCHF chart in 1H time frame is printing bullish flag continuation pattern and there is no any divergence observed. Hence i build my long trade with Buy Stop Order on breakout of Flag's Pole with stoploss below at last Higher Low level.
Let's line up entries 1. Re-entry at all levels 2. Trading full margin 3. Leverage 1000%
Technical Confluences for Trade: - Stochastics are in Overbought Conditions on H1 & H4 time-frame - Price action is at a Supply Zone area - Price action may reverse towards the ascending support Trendline - Targeting the 38.2% Fibo retracement Suggested Trade: Entry @ Area of Interest 1.3760 - 1.3800 SL @ 1.3854 TP 1 @ 1.3697 (Close Half-Position & move SL to...
Buy Entry : 2286.9 SL: 2279.5 TP: 2302.5 RR: 1:2 All the best :)
By Wolrd Forex Traders hello 👋 " Gold Market Analysis 💡📊👀 1H Time Frame Chart 📈🕒 _Bullish Signal 🚀👍_ We're seeing a strong long opportunity in the Gold market, with a current price of 2301. Our target is 2336, which is a key resistance level. A breakout above this level will likely lead to a significant price increase! 📈💸 _Analysis 🤔📊_ The 1H time frame...
CHZ ~ 1W 📈 #CHZ This Support Line is quite attractive for making small purchases. with a minimum target of 20%+
Following a very choppy price action that finalized a flag pattern, OANDA:XAUUSD experienced a significant decline yesterday, amounting to a drop of 500 pips, breaching crucial horizontal support levels at 2315 and the 2300 mark, nearly reaching the support zone at 2270. After such a substantial decline, a rebound is possible, though the medium-term trend...
Today we woke up with a SP Futures Market down on Fed day. The previous days the market was trading in a narrow range, yesterday we saw it crashing down anticipating the Fed day today, and this morning it took another dent until the level reached what we can see in the chart, a touch over the 100 ma support. Keep in mind that after hitting the ATH recently, it...
Orange box on XRP was posted March 6 for everyone. After being patient, we finally hit orange box to the T shown here: Remember – when “Dumb Money” (comments from link below) bashes on Crypto due to Emotions, that’s probably an indication that we are nearing bottom! Check out the “Dumb Money” comments from chart below! People were calling BTC trash and calling...
Q: I want to know if Bitcoin will continue lower or bounce and recover to new highs? Here we have the 4h timeframe, can be used for short- to mid-term chart analysis. Let's see what it has to say. A: Bitcoin is moving lower. I shall explain. The 14-March drop led to MA200 being tested as support. MA200 as support holds and Bitcoin moves to produce a lower high...
Here i have shared my views for bitcoin bullrun plan for next 6 months.