Hi, this is my new update for AUD/USD. We all have been waiting for this moment guys and now it's happening. We have now tested big resistance around 0.6700-0.6720 and at the same time we are testing the 100 days moving average. The probability to see big fall from here is very high, but if we close the daily candle above 100 days moving average then the bullish...
So many factors are affecting the currency markets right now that it can be hard to get your head around them all. Activity is definitely centered on the US. Last week, we had the US Federal Reserve’s interest rate decision and US Non Farm Payrolls which is still lingering in the minds of traders. The latter jobs data is pointing to a slowdown in the Us...
If helps you, please like and share. FX:USDCHF #price_action
It's now official; the US Federal Reserve has enacted its fourth consecutive 75-basis-points rate hike, bringing its benchmark rate to the 3.75% - 4.00% range, which is the highest it has been since January of 2008. The markets reacted quite mildly to the rate hike at first, due to it aligning with exactly what the market was expecting for the past few weeks....
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
All the description is mentioned on the chart. Best of Luck :-)
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
Hello Traders, Market Order Entry: 1.09805 OANDA:GBPUSD Entry Pending Order: 1.10160 Profit Target: 1.09100 Second Profit Target: 1.07500
In 1H TF Bitcoin is in BULLISH Market. Always give attention to Strong Levels and Important Zone
By the close of last week's trading session, the top 3 worst performing currency pairs came out to be the USD/PKR (-4.91%), NZD/USD (-2.61%), and USD/SEK (-2.04%). To help determine the direction that these pairs will take this week, we will use the Hacolt Indicator (Vervoort Heiken-Ashi Longterm Candlestick Oscillator). Will the pairs continue to slide, or are...
Plenty of attention will be on today's FOMC meeting. Traders are looking for a ¾ or point increase from the Fed today, taking rates to 3.25%. This is what the market expects: anything more and USD positive, anything less USD negative. That's a simple look. The projections and the statement will be the key parts traders will be looking at. We all saw the market's...
If helps you, please like and share. FX:NZDUSD #trend_hunter
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
At August’s close, the USD can be said to have performed exceedingly well against its trading partners. The DXY climbed 3.2% over the month. Now it heads into a very important Non Farm Payrolls result, and investors will be looking for clues as to the USD’s next move. The Non Farm Payroll data for August is released on September 2, 2022, and is perhaps more...
In my last idea about DXY (see related ideas), I proclaimed that we might have the possibility of the formation of AB=CD pattern owing the accumulating Falling wedge. But we had a variable of point C in AB=CD, we did not know where/when it might appear. After the false break low on Friday and the rejection from bottom it turned out to be a perfect hammer on Daily...
Once we get new highs on DXY, both stock and crypto will bath in blood, don't forget to look at your SP 500 chart too
Hello Traders USD/CAD is on bullish momentum. We believe that this pair is going to continue upward but before, it needs some corrections. Here is why we long USD/CAD: 1- RSI is on Uptrend 2- Short term momentum is upward. 3- Price has a big resistance between 1.30500-1.30800. This zone will drag price toward itself. 4- USD sentiment is positive. If you like...