The ECB presented a strong hawkish front; - hiking rates by 50bps and commenting during the press conference that - MORE hikes were coming, - 50bps for a period of time, not pivoting, - committed for the long term to bring inflation down to 2% This saw the EURUSD climb strongly from 1.0620 up to 1.0735 HOWEVER , right after the press conference ended,...
The price bounces off the designated support. I expect more rebound and increases. TP at 0.9500, around 200 pips GG P.S. This is not financial advice of course, just my idea.
Hello traders, here is my view for EURUSD, let me know in the comment section below if you have any questions. This is just my view and not financial advice.
Hey traders, in today's trading session we are monitoring USDJPY for a buying opportunity around 137.1 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
• Potential inverse head and shoulders • Bullish reversal pattern forming after a downtrend bottom • Expect right shoulder to have a higher support than left shoulder • Therefore, a retracement to 1.20 or 1.19 expected before the upside breakout • Breaking the left shoulder's support around 1.17 invalidates this pattern • Upside target is projected based on the...
The EURUSD pair broke last week above the 1W MA50 (blue trend-line) and this week above the Lower Highs trend-line from the May 24 2021 market High. Last time the price was above the 1W MA50 was 18 months ago (on the week of June 21 2021!) and that alone constitutes a very strong buy signal for the long-term. The previous two times that we saw the combination of...
I am waiting for the price to reach support (yellow line). Then buy position with tp around 0.69 Potential profit: around 250 pips P.S. This is not financial advice of course, just my idea.
🍁USD/CAD Not Giving Up 🍁The scenario since my last post remains unchanged: 🍁Looking at the behaviour of the USD/CAD price in recent days. 🍁We could call it indecisiveness mixed with a desire to continue upwards. 🍁Following yesterday's 50 basis point interest rate hike in the US, investors in the market resumed the strengthening of the US dollar. 🍁Given that...
Hi viewers, USDJPY after today events we can see changes in market, expecting USD domination on JPY TP1: 139.100 (150) TP2: 139.600 (200) TP3: 140.100 (250)
💷💵GBP/USD As I Said 💷💵The scenario I wrote about recently has started to materialise: 💷💵The direction and support and resistance zones remain unchanged. 💷💵Given the momentum that started after the Fed raised interest rates by 50 basis points. 💷💵A continuation of the price decline looks very likely. 💷💵We have already broken through the 50-period moving...
Although the swiss franc is seen as a safe haven vs inflation, due to the global turbulence it might go down vs the USD. USD is expected to get stronger in the coming weeks, and while the RSI is on the way down together with a bounce off the resistance line, we aim to go down towards parity.
EURUSD broke and closed above a solid resistance cluster yesterday. The broken structure turned into support now. The next goal for buyers will be 1.0765 - 1.0788 resistance. Look for an occasional retest of the underlined support to buy. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
🦘AUD/USD Finally Declines 🦘The falls on AUD/USD that we have all been waiting for so long have finally arrived. 🦘The decline came from around the resistance zone. 🦘Determined by the 0.382 level of the entire 2021-2022 fall wave. 🦘This is where the strongest resistance is currently located. 🦘The price has not had the strength to continue its movement for...
EUR/USD Technical analysis (EWT point of view). On a long term, euro seems to appreciate in an impulse on the upside. On a very long term analysis, the pair is in a bigger correction (WZ). BUY with caution.
Asia created a new LL, at the start of Asia we created a OB, which will be our Entry point for this trade. TP1: would be the Asia Range (3%) and TP2 would be just before the OB before the huge push we had 2 days ago. What do you guys think about this idea? Please leave a comment and drop a follow!
#XAUUSD Gold Break of Structure #BOS Rising Wedge Symmetrical Rejection from Daily Demand Zone Unable to Break the Strong S/R Level 1815
Hi Snipers, Please refer to the recording for the next price levels and scenarios. Thanks MS