Last weeks high: $26887.5 Last weeks low: $25836.5 Midpoint: $24785.5 Despite a strong end to the week BTC has a lower previous week high and a lower previous week low. In that way we continue to be in a swing downtrend. A double bottom from last week gives us an area where if we are to continue breaking down we'd have to break below and stay below. The...
Welcome back! Let me know your thoughts in the comments! ** EURAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Weekly Outlook (W) Bear bias until price action establishes an uptrend above 1.1092 6/15/23 Still making higher highs and lower highs Last week of May just made the last higher low @ Weekly fib 78.6 level Expectation: IF Continues uptrend: reach last HH level or 1.1100 and eventually 1.1250 (27 ext) If not: Price reactions from levels below: 1) 0.0865 H&S...
Fundamental Backdrop The CB Consumer Confidence, JOLTS Job Openings, Non-Farm Employment Change are expected to drop. The Unemployment Rate is also expected to increase. These news events will cause the DXY to weaken. Technical Confluences Near-term resistance level at 104.800 Near-term support level at 103.800 Next support at 103.200 Idea On...
Hey Traders! 👋 For Day 18/100 of our challenge, we will look at USD upside potential this week. Won't be doing a pair today to take it easy on a bank holiday. Looking at the weekly chart, we see 101 held as a strong support with 3 weeks of bullish price action. This week, we expect it to continue towards resistance at 105.3. If we do confirm a bullish...
Welcome back! Let me know your thoughts in the comments! ** USDJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Welcome back! Let me know your thoughts in the comments! ** CHFJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Welcome back! Let me know your thoughts in the comments! ** EURUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Based on my bearish dollar analysis, I think indices are going higher this week! We have a clear bullish daily trend! I have marked out the latest swing point on the daily chart! We can see a clear OTE Fibonacci retracement and a string reaction off this level! I think we see a bit of a pullback at the start of the week and then go for the highs! Similar...
After weekly upper shadow, price still being range, that means buying pressure is strong. There is a nice level for pull back, before further upward movement.
my watchlist for this week EURJPY NZDCAD USDCHF GBPJPY USDCHF GBPCAD
📊# FXOPEN:XAUUSD XAUUSD Weekly Forecast Price Action Strategies 14|19 May 2023 The value of gold relative to the dollar will experience a downward range in the coming week. Resistance 1# : 2015.43 - 2018.62 Resistance 2# : 2033.52 - 2038.00 Support 1# : 2006.70 - 2002.44 Support 2# : 1985.41 - 1977.74 🕐 Weekly Trade #gold / United States Dollar
hello traders eurusd the commercials has increased there sell position you can refer the cot data they are actually in a sell program but they been buying that means hedging we might see a sell coming to the market and seasonally in the month of may eurusd like to sell .lets see how it play out .
I believe dxy is gonna finally break out of this boring range and go for sell side liquidity this week! Daily swing is clearly bearish and we have retested the perfect OTE Fibonacci retracement of the latest swing leg. Just ready to go lower! I expect a bit of pullback higher into that daily volume imbalance and then tank! We can look for longs on #eurusd...
The price trading near weekly demand zone . A significant decline has been seen in the price and the price is now trading near the demand zone. so the price can takes rest from the decline and can move upwards from the support zone and RSI also taking support near 40 level which shows upward momentum of price. If price respects this levels than price can move...
Welcome to another Forex Daily Forecast! We will be preparing for the trading week ahead: - Analysis of the individual currency Futures, to identify the strong and the weak - Analysis of the FX pairs (EURCAD, EURAUD, EURNZD, GBPUSD, GBPAUD, NZDCHF, NZDUSD, AUDCHF, GBPCAD, CADCHF,...) - Analysis of Gold, Silver, and OIl too! - Plot and plan for the best...
Welcome to another Forex Daily Forecast! We will be preparing for the trading week ahead: - Analysis of the individual currency Futures, to identify the strong and the weak - Analysis of the FX pairs (EURUSD, EURCAD, ...) - Analysis of Gold, Silver, and OIl too! - Plot and plan for the best setups. I'm taking my time with this analysis with the viewer in...