Gold is currently moving in a descending triangle. Key support: 2144 - 2149 Key resistance: 2158 - 2163 Gold is waiting for interest rates to come in and provide a 200-400 pip fluctuation! 💰 Fundamental analysis: Numbers above the expected limit of inflation in the United States last week confirmed that price pressures persist and the final stage of...
Gold hovering a little above our 'selling confirmation' zone, but it is very close to activating our sell order. Be patient & letting market structure do its thing, rather than rushing into a sell & being stopped out. A high probable trade if price activates our sell stop!
The EUR/USD pair on the M30 timeframe presents a potentially ambiguous situation with an expanding triangle pattern. While this pattern can signal a breakout in either direction, some caution is advised before entering a long (buy) position. Potential Long Trade : Entry around: 1.0823 (current price) Target Levels: 1.0880: This represents the upper trendline of...
Something is going on with this coin on the technical side. There is literally no downside target that I can see right now, so I just labeled in MASSIVE SUPPORT TREND. It looks like it is really close to making a move to the upside. Somewhere around .8 Then it will likely hit some resistance there, but has a lot of potential to keep building support and climbing....
Hey Traders, in today's trading session we are monitoring GBPUSD for a selling opportunity around 1.26300 zone, GBPUSD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.26300 support and resistance area. Trade safe, Joe.
Here is my latest structure analysis and important key levels to watch on EURUSD. Resistance 1: 1.0840 - 1.0865 area Resistance 2: 1.0922 - 1.0943 area Resistance 3: 1.0964 - 1.1000 area Support 1: 1.0785 - 1.0805 area Support 2: 1.0695 - 1.0709 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
Hey Traders, in today's trading session we are monitoring USDCHF for a buying opportunity around 0.90100 zone, USDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.90100 support and resistance area. Trade safe, Joe.
The USD/JPY pair rises to its highest levels since 1990 The Japanese yen continued its losses during trading on Wednesday, with the USD/JPY pair falling to its lowest levels since July 1990, that is, in nearly 34 years, with the continued strong upward momentum of the American currency and the failure of the recent shifts in monetary policy at the Bank of Japan...
Hey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.08250 zone, EURUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.08250 support and resistance area. Trade safe, Joe.
The EURUSD pair is ahead of the first Death Cross on the 4H time-frame since January 19 2024, trading within a Channel Down similar to January's. This technical symmetry suggests that every rebound is a short-term sell opportunity, with the 4H MA200 (orange trend-line) expected to turn into a Resistance until the next Bullish Leg. One last rally towards 1.08750...
Hello traders what you think Gold pair NES resistance levels 2230 📉📊📈⤵ Gold pair technical analysis Gold pair take new resistance levels of 2230 pullback Berish support levels 2140 Follow risk management Safe trade don't forget like this analysis
EUR/USD is falling towards a pullback support and could potentially bounce off this level and rise to our take profit. Entry: 1.07998 Why we like it: There is an overlap support level Stop loss: 1.07621 Why we like it: There is a pullback support which aligns with the 78.6% Fibonacci projection Take Profit: 1.08573 Why we like it: There is a swing high...
GBP/USD Analysis: Support Channel Breaks as Dollar Strengthens, Retest of Demand Zone Imminent The GBP/USD pair has experienced a significant shift in momentum as the support channel, marked by the crucial level of 1.28063, has been breached. This breach comes amidst a notable surge in the value of the US dollar, which has exerted downward pressure on the GBP...
Price is rising towards a pullback resistance level and could potentially reverse from the level to our take profit Entry: 151.659 Why we like it: There is a pullback resistance which aligns with the 61.8% Fibonacci retracement Stop loss: 151.974 Why we like it: There is a swing high resistance Take profit: 151.033 Why we like it: There is a pullback...
Gold to close above $2200 this week or next? Examining the daily gold chart, it appears there's a potential bullish flagpole pattern forming, indicating a possible forthcoming breakout. If this pattern unfolds, gold prices could rise. This week, gold attempted to breach $2,200 but faced rejection, dropping to $2,080 before rebounding above $2,190. However,...
Oil prices are up 15.76% (1100 PIPS) from our green supply zone, which was posted live for you all. Oil position still running in profit for our bigger Gold Fund investors📈 Buyers still holding strong. GET INTO LONG TERM OIL POSITIONS NOW!
Oil prices are up 15.76% (1100 PIPS) from our green supply zone, which was posted live for you all. Oil position still running in profit for our bigger Gold Fund investors📈 Buyers still holding strong. GET INTO LONG TERM OIL POSITIONS NOW!!!
GBPUSD - 24h expiry The medium term bias remains bearish. Price action looks to be forming a top. The sequence for trading is lower lows and highs. Rallies should be capped by yesterday's high. Bespoke resistance is located at 1.2660. We look to Sell at 1.2660 (stop at 1.2690) Our profit targets will be 1.2585 and 1.2565 Resistance: 1.2660 / 1.2690 /...