Technical Analysis: I decided to go long on EURGBP today based on some promising signals I saw on the 30-minute timeframe. The price broke the downtrend momentum with a solid bullish candle closing at 0.85474, which gave me confidence in a potential reversal. I intend to enter my buy position at 0.85394, anticipating further upward movement there...
In the ever-changing landscape of global finance, the Euro (EUR) remains a cornerstone currency, reflecting the economic resilience and stability of the Eurozone. Amidst shifting economic trends and geopolitical challenges, the Euro continues to hold its ground, serving as a symbol of unity and strength in the face of uncertainty. As markets fluctuate and...
d1: last d1 candle is pinbar. h1: show head and shoulders pattern , and the brearish engulfing with high volume is created, so open a short position
In today's market analysis, the focus remains on the Euro (EUR) as it navigates through various dynamics. Traders and investors are closely monitoring the EUR's movements, seeking insights to inform their trading decisions. Currently, there's attention on the construction of a new low, with caution advised due to potential liquidity creation leading to false...
In the realm of global finance, the Euro stands as a cornerstone of the international monetary system, influencing economies and markets worldwide. As a seasoned financial analyst, delving into the intricacies of the Euro unveils a narrative rich in complexity, resilience, and economic significance. The Euro's Economic Landscape: The Euro represents the common...
A new low is currently under construction, highlighting the importance of vigilance against false buying signals due to liquidity creation. Significant liquidity lies below 1.07966, waiting to be reclaimed before pursuing significant bullish momentum. It's crucial to note the vulnerability of the recent high at 1.08639, which remains unprotected. There's a...
I am expecting to sell this currency pair from the given price . Do proper risk and money managemenat .
USD/JPY Looks Like Down After touching 4H High and a Short Term Entry is Short and and Also a Long Setup. But in Long Term it Can Be Down. Be Aware. We Provide You Just Anaylsis and Possiblities. Bad or Good News can Change and Fails these all ideas and take a move unexpectly, so that we always use a Minor StopLoss with High Profit Possiblities.
EURUSD NEW forecast The price stabilized under the pivot level, which is 1.0794, and moved it's direction into the sensitive zone between 1.0794 and 1.0742. Now that the euro is trading in the bearish zone, we have some corrections that may continue until 1.0794, then we will continue the bearish trend to reach the 1.0742 level. Moreover, if the price...
from my personal perspective i think Australian dollar is going up like and folow if you agree with me :)
GBP/USD pair traded lower around the 1.2620 level at the start of the European trading session on Friday. TThe decline of Pound Sterling (GBP) is backed by the growing speculation that the Bank of England (BoE) will begin an interest rate cutting cycle this year. Technically, the GBP/USD price continues to maintain a downward trend as it remains below both the...
The NZD/CHF pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a rising wedge pattern. This pattern, despite an initial upward angle, is often seen as a bearish reversal signal. Key Points: Rising Wedge Breakout: The price has been trading within a rising wedge pattern characterized by converging upward...
Here is our detailed technical review for USDCAD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 1.355. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.346...
In the dynamic world of finance, the Euro remains a focal point of analysis, offering a rich tapestry of opportunities and challenges. As seasoned financial analysts, we delve deep into the Euro's fluctuations, aiming to decode its movements and provide actionable insights to investors and businesses alike. The Eurozone, comprised of diverse economies, presents a...
In this chart we have observe it is an Uptrend with HH & HL. then we spotted a Bearish Divergence in the RSI. with that we see the price is start shrinking creating a Rising wedge. which lead us to take a short entry
EUR/USD holds steady near 1.0800 on Thursday and remains on track to end the day in negative territory following upbeat macroeconomic data releases from the US. The action in financial markets turn subdued as trading volumes thin out heading into Easter holiday.
AUD/USD, H4 29 March 2024 The Australian Dollar extended losses for a second consecutive session, driven by disappointing Consumer Inflation Expectations and Retail Sales figures from Australia. Additionally, the ongoing bullish trend for the US Dollar, particularly ahead of the pivotal PCE report, further weighed on the AUD/USD pair. However, subdued market...
Sweden's Riksbank said it could start cutting interest rates in May or June, suggesting the European Central Bank could beat the Fed to a cut. After Switzerland fired the first shot of interest rate cuts in developed countries, who will follow next? Wall Street is divided. Now, with the Riksbank's March interest rate decision, clarity is emerging. Sweden's...