The dollar rallied to a seven-week high in the last session, after data showed US inflation continued to rise, while consumer spending rebounded in February, underpinning the outlook. Hope that the US Federal Reserve (Fed) will continue to aggressively raise interest rates to control inflation. Hotter-than-expected data helped the greenback continue to rally...
My analysis on GBPCAD, looking to go long after break and retest of that falling wedge.
Gold prices were little changed by the end of Thursday’s trading session, but the yellow metal extend its recent losing streak during Friday’s Asia-Pacific trading session. The anti-fiat yellow metal is now on course to sink over 2 percent this week. In fact, the 5.25% drop so far in February is shaping up to be the worst month since June 2021. This week in...
Market price entry on USDJPY 15Mins for a Long position. RR 3:1 TP1 At 1:1 Move to breakeven as soon as TP1 is hit.
Hello 🐋 Based on the chart, the price is again in the ascending channel and close to the channel support area, and we expected the retest to be completed ✔️ if the price doesn't break the support zone to the downside and just complete the retest, we will see more gain, at least to our upper trend line 💣🚀 otherwise we can see more correction to lower support level...
Price has successfully completed the ABC correction on the 2nd wave of the impulse. We are now ready for the 3rd leg which is the longest wave. Let's watch for rejection at the current trend line on the lower timeframes to enter with stop loss below last swing low. For safer entries, we can wait for price to break the counter red trend line for confirmation. Our...
The British pound is generally bearing. I'm waiting for for price to push higher to the 4H trend line around the Fib 61.8 area to go short with target around the -0.27 area.
Hello my Fellow TraderZ, $AXS is looking good on Daily TF. Currently the price has to face EMA55 on DTF alongwith the TL resistance. Bulls need to cross the area of $8.5-9.0 in order to see some strong upward movements. If the resistances get cleared, my next area of interest would be ~12.00 with around ~50% profit. So check this out. Happy Trading. CHEERS!!!
Gbp Jpy up trend breakout fibo golden zone sell idea
Keeping an eye on the US30 for a possible short position targeting just over 250 pips.
Hello traders , in today's session I will sell us 30 short term trading
GBPUSD analysis point of my view, entry after get confirmation with proper money management
xauusd short price action trend line tren analysis fake out
XAUUSD has been dropping targeting sell stops as of our weekly bias but still gives short-term opportunities for buyers on the market before a rebound of price towards the sell stops since price is has to neutralize its efficiencies to the upwards IMB so as SELLERS could attain good momentum to the downward
Hello 🐋 Based on the chart after a long time, correction to the downside these days we have appropriate amount of volume , or we can say new volume for the price and the price is close to the major support and the green trend line ✔️ if the price doesn't break the major support and the green trend line to the downside, we will see more gain beside the range...
as we're moving above the upward trendline , price could be in retracement compared to previous uptrend wave and after breakout of trading range wich is the price moves inside it , we can find out about next move.
Trade Proposal: There is a probability of first tp to the proposed ( 1.340 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals. Technical analysis: EURCAD is in Downtrend and It is Expected to Continue Downtrend.