Here is AU on the 4HR Chart. First analysis from us for the week ahead! Lets see if we can get a break of this support with potential USD strength incoming? How will this one pan out? Remember, wait for confirmation in line with your personal strategy!
Bears have taken over this market as USD strengthens across the board. Could we some retracement and rejection at our long term key level to enter a short position in line with the HTF trend? Lets see how price pans out during NY.
Market Update. Bears continue to take control of this market. We've tagged our HTF key level and we're seeing a bounce. We still may see USD lose some gains on the week during trading today. Be careful with the NFP data released today. For our potential break and retest trade setup - we didn't find a retest for our entry. However, one may come next week if USD...
We can see we predicted a break of this level and a pullback up to test the level as resistance. We have seen this. Lets watch and see how price reacts at this level. Will we see further downside movement off this level? Happy Trading!
We can see price has now reversed - we expected dollar strength and this is what we're continuing to see through London this morning. Lets see how price develops on the pair through New York in around 4 hours time. Identify key trends, key breaks, key structure levels. We're expecting more downside movement on the pair. Happy Trading! Hope you all have a great...
Good afternoon traders, hope we all have a great weekend. Here's what GBP/USD is looking like heading into next week. We can see price tagged 1.37 forming a triple top formation. As expected, bears enter the market and take price down over 100 pips in a 24 hour period. Will USD strength continue into next week? Could we see price test 1.35?
Price is forming a descending channel ; Price possibly is forming a descending channel within the descending channel towards support. Its possible price can breakout and go to 8.70250 if price breaks that resistance its possible price can head to 8.94500 and if price breaks that its possible price can head to 9.14500.
key levels marked out on the chart . Will be looking for a short around the level outlined.
USDCNH found resistance at 1.272 level as expected. Our view is still on the upside targeting the 1.618 extension to close the ABCD pattern.
Pure price action and volume trading. Fundamental weak EUR, which will influence minor pairs. I do 300-500 pips per week. Check my bio link for proof.
sell to 1276, head and shoulders formation on the daily short term movement <1 week. Stops set 1292
EUR/USD technical overviews: *-Downtrend channel *-Strong resistance area at 1.3000 *-Nice shooting star candle signaling slow down in price momentum *-This pair has a unclosed gap since 2017 at 1.0800 #TradeSafe
long on daily chart make your sl suit to you
all my chart is usd strong boy SEll on Daily Chart
We've seen a holding of a long term trendline on the 4 hour in gold Trigger is a counter trendline break, targeting the outer trendline @1240
I think the daily trend will change thanks to the Dollar strenght and because we are on an importante support level.
Fibonacci hit a D at 1.0350 almost to the pip, a new fib has formed. Expecting a move up to 1.0460, where the dollar strength will resume and push down to new lows and to the 161.8% extension at 1.0150