Price has reached a resistance level I expect a short-term pull back to the demand zone
Price has reached a resistance zone Which also goes in with the 61.8% Fib level I'm expecting a pull back next week Targets: 23.62847, 23.500
Price broke out of an Ascending Triangle Which is also a very strong Resistance Zone Which also goes in line with the 61.80% Fib Retracement. Wait for a Pulback to the Resistance turn Support Targets:33660, 33900
Price has been falling since last 2 months And has formed a falling wedge on the H4 time frame Thus, consider selling price at the upper part of the pattern Targets: 131.00, 130.00
XAUUSD is bouncing inside the rising bearish wedge after a solid dump, meaning the bearish trend might continue. Thus, I suggest waiting until the price breaks the lower wedge's border and opening a SELL trade with the target at 1827.00.
📏 USDCNH went below the channel's lower border, a solid indication of a potential continue of the downtrend. 🐻The consolidation may result in another bearish wave. Thus, we are looking for a Sell trade when the price breaks through the 6.880. ✅ Take Profit: 6, 866 and 6.850 🛑 Stop Loss:: 6.905
Price broke out of a very strong resistance zone And as you can see, price is retesting the resistance turned support I'm bullish bias on XAGUSD
USOIL will soon hit a strong horizontal resistance level I am locally bearish biased We will see a pullback and a local bearish correction Sell!
USD_CAD was trading in a rising wedge But now we are seeing a bearish breakout from the wedge So I am bearish biased and I think price will pullback to retest the wedge before it drops SHORT🔥
GOLD is trading in a rising wedge, price went from the support to the resistance of the upper part of the pattern. So I am expecting a local short Bearish correction SHORT🔥
The price is bouncing off the 1798.00, 50.0 Fibonacci level. Thus, we expect a further decline to 1792.00 and 1785.00 today. 🟥SL should be placed above 1800.00.
Price broke out of a resistance zone and currently retesting the support. Wait for a confirmation to go long on the pair with the target at 145.400
🥇#XAUUSD Buyers are steeping in 🔥XAUUSD reached a support zone! The price is trading above the 1790.70 support level. Thus, you might consider looking for buy trades with the target at 1796.80 and 1799.00 🟢Asset: XAUUSD 🔥Trade: BUY 🎯Targets: 1796.80, 1799.00
USDJPY Technical Outlook 🔥USDJPY is consolidating above the support level! The price is trading above the 135.70 support level, and buyers are entering the game. 🟢Thus, you might consider buying USDJPY to the next resistance level.
AUDJPY Technical Outlook 🔥Market is trading in a falling parallel channel on the 4h timeframe and approaching it's resistance level. I can see 2 options to enter the market. Bullish If the price breaks and closes above the resistance of the channel, it may initiate a bullish continuation. 🎯Targets: 93.700, 94.00 Bearish The market may also drop from the...
GBPUSD Technical Outlook 🔥Price broke a strong structure level making price a bullish market. And I believe price is set to move higher. 🎯Targets: 1.24242, 1.2500
Yesterday, XAUUSD broke out of the bearish rising channel. Currently, the price is retesting the breakout of the support trend line. The major support range is 1780.00 - 1784.00. Thus, we suggest you SELL XAUUSD as soon as the price declines below 1780.00. After a breakout the target will be at 1767.00. 🟡 Trade: SELL 🟡Pair: XAUUSD 🎯Target: 1767
Price has reached a very strong resistance structure level Which implies that market is likely to move down. As market participants will be taking profits from their long position Whiles others will find the price level to be good for selling So as usual, we'll have the chance to ride the wave for a bearish correction