This is my bearish trend idea. However, wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
Overview: Our comprehensive analysis on the ILSUSD pair over the 1-month frame indicates a significant corrective phase, following a notable rise from 24 to 32. The pair has undergone a WXY correction, with distinct characteristics in each wave, leading to a pivotal point in its trajectory. Correction Breakdown: Wave W: Developed in a regular flat form,...
Unfortunately, bad things are happening in the Middle East. I expect further weakening of the Israeli shekel up to the level shown in the picture. It may even break through that level, it also depends on how the Israeli-Iranian conflict develops.
FX:CHFJPY OANDA:XAGUSD FX:EURAUD FX:EURGBP FX_IDC:EURRUB FX_IDC:USDRUB FOREXCOM:USDILS
Disclaimer: This post is made only as an analysis of this currency pair, with no intent to express any opinion or commentary on the ongoing conflict. The Israeli Shekel has been the strongest performing currency in the world so far in 2024, even gaining against the US Dollar. And this is happening even as Israel is a country facing enormous uncertainty and...
Hi guyz! I am bullish again in USDILS. My previous scenario was quite good. But I didn't expect such a bull run to be caused by a tragedy and massacre. I am very sad about what happened to Israel. Now I see a possible uptrend will continue in the next years. I think this will also be connected with destabilization and possibility of new war. You should always...
A monitoring idea for a call on the dollar The Bank of Israel has started to lower its rates, despite everything the shekel has recovered against the greenback, it is quite bearish but there could be a support zone and it will depend on future macro events. In January when the rate cut took place the dollar increased to around 3.80 shekel per dollar but we must...
The chat shows that PEPPERSTONE:USDILS USDILS couldn't break the resistance at $4.08 area, resulted in a ~12% dump. PEPPERSTONE:USDILS USDILS holds a big support (see white trendline), at January 02nd it touched the support and pumped. In my opinion PEPPERSTONE:USDILS USDILS will continue an uptrend until meeting the resistance area again, which also...
4.48 before 5/4/2024 usd ils is going to visit 4.48 before 5/4/2024
Shekel drops to 4 against the dollar, in first since 2015. Currency’s weakness comes as conflict rages, even after Bank of Israel announced plan to intervene in the foreign exchange market to try and contain sharp shekel FOREXCOM:USDILS moves. The exchange rate of the New Israeli Shekel on Monday crossed the threshold of NIS 4 per dollar, the local currency’s...
Things you can't affect should be used for help. Sold it with small SL. pls keep R&MM if trading.
USD/ILS may stage further attempts to test the January 2016 high (3.9888) as the Relative Strength Index (RSI) flirts with overbought territory. USD/ILS Outlook USD/ILS breaks out of the range bound price action from earlier this month to register a fresh yearly high (3.9842), and the exchange rate may track the positive slope in the 50-Day SMA (3.7899) as...
Possible purchase opportunity in the Israeli Shekel. I would expect to make a bear trap, and after a reversal confirmation, I would enter a long. For now I think it's better to do nothing and just wait.
The appearance of the Bearish Tri-Star Doji reversal pattern is perfect