OANDA:NZDUSD It seems that the NZD has found support and is ready to rise again. I will be targeting the level of the last high. This should be a moderately risky trade with a tight stop.
based on my strategy there will be another drop for GJ soon specially if closed below 196.863 (1hr) Heikin Ashi candle .
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
GU is at a daily AOI and to the left, within the AOI is some juicy price action. watching price slow down and give confirmations on LTF would be ideal. #gbpusd
FX:EURUSD On the daily timeframe, it broke the strong level at 1.07000. I think the market might pull back to the resistance zone and then move downward before the major news release. If the price makes a pullback against the main trend, there's a higher chance that the market will continue to move downward. My goal is to support level 1.06320
Greetings Traders, In recent times, I've observed a consistent bullish momentum driving GBPUSD towards the H4 Premium buy stops and, ultimately, the Weekly bearish order block. As we commence this week, the confluence for these bullish objectives remains intact. Presently, GBPUSD is experiencing a temporary bullish institutional order flow, reinforcing our...
Preferred direction: SELL Comment: Despite the weakness of the franc (only the yen is weaker among the majors), we are also considering the weakening of the US dollar . The European session will be calm, most likely against the backdrop of Labor Day, but the American session will be busy. Of course, market participants will be especially interested in the ...
AUDCHF has formed the cup and handle bullish pattern in the absence of divergence which indicates the continuation of the current trend i.e. bullish
Hello dear traders what do you think about this pair please comment..!? 📉 Behold the tumultuous dance of the GBP/USD currency pair as it boldly shatters the chains of its trend line and crucial support zone! 🎯 With precision akin to a seasoned archer, it now sets its sights on a predetermined destination. 🏹 As the correction journey unfolds, a tantalizing...
Its past my time zone in the UK. But a great set up The Euro is struggling against a resurgent US dollar as rate-cut expectations between the two continue to widen. Today’s FOMC may underpin thoughts that the Fed is comfortable with rates staying higher for longer. No policy change is expected but the post-FOMC press conference may give some much-needed...
US Dollar Rises Early Wednesday Ahead of ADP Payrolls, ISM Manufacturing, FOMC The price of EURUSD will try to do a retest till 1.0700 and then as long as trades under it, mean will support a bearish trend to touch 1.0615 and 1.0575 because the U.S Data has a strong positive momentum control on the market. otherwise, the bullish trend will start by breaking the...
GBPCAD - Bullish Rectangle Continuation. Sign of retracement are observed with no divergence.
GBP/NZD is falling towards the support level which is a pullback support that lines up with the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 2.10558 Why we like it: There is a pullback support level which aligns with the 50% Fibonacci retracement. Stop loss: 2.09520 Why we like it: There is a pullback support level which...
do take the trade with good money mangement and dont get panic as you have a good rr and not exceed trade after 24 hours
Hello traders, I just want to draw your attention to this pair. I do want to see a drop in price to the FVG after price runs the CRT or swing high. Keep this pair on your radar. Cheers, Jabari
EURAUD chart in 1H time frame is printing uptrend with bullish flag continuation pattern and there is no any divergence observed. Hence i build my trade long entry with Buy Stop Order on breakout of Flag's Pole with stoploss below at last Higher Low level.
📊 Due to the decrease in buying pressure and the downward momentum of the price movement, if the range of 1.246 units is broken and the price stabilizes below it, the price may fall to the range of 1.240 🎯and in the case of strength, the range of 1.235 units🎯🎯. 📊 Otherwise, the possibility of price increase up to the range of 1.253 units.
In the H1 chart of USDJPY, it is evident that the price rapidly dropped by 300 pips, creating a new supply level. Gradually, the price retraced back to this level, which presents an excellent opportunity to initiate a sell position on the first touch of the price.