The EURUSD pair is bullish in the short-term, however, a correction may occur if the price rejects at the current level of 1.09070. The outcome of the February rate decision may also greatly impact the value of the pair. Traders and investors should keep a close eye on the market and be prepared for any fluctuations. Fellow traders and investors, it would be...
The GBPUSD pair appears to be displaying signs of weakness, with the upward bias on the 1-hour chart appearing to fade. If the price closes below the channel or trendline, I expect it to reach the 1.23250 and 1.231300 price levels. Share your thoughts on this and don't forget to follow me for updates.
The GBPUSD pair is showing bullish signs, but a correction is likely. Our previous target of 1.24233 has been met, but new factors may impact the pair in the coming week. Despite the Chinese New Year holidays, market expectations for high-impact news releases such as Flash Manufacturing PMI and Advance GDP q/q may lead to volatility. GBPUSD is expected to reach...
The GBPUSD currency bullish force looks good for the coming week. The GBPUSD pair price seems to have cleared the minor resistance levels 1.2120 and 1.2140 and retested the same. So, we anticipate the price to continue to rally to the 1.2420 and 1.2450 range. There is high-impact news that may effect significant price moves in this new trading week. Notable,...
GBPUSD, the cable is finding resistance at a price range of 1.19428 to 1.19140, as highlighted in our previously shared idea. We anticipate that the GBPUSD pair will reverse at the critical support level. See the chart image for clarity. The market is expecting some volatility later today due to the ISM Manufacturing PMI, JOLTS Job Openings, and FOMC Meeting...
The GBP/USD (British pound/U.S. dollar) is still bearish on the 4-hour chart but approaching a critical level of resistance that traders should be aware of. We'll be watching the 1.19428 & 1.19140 price range with an eagle eye for possible short-term reversal. We would love to have your opinion. Please comment below and like if you think this trading idea is worth...
Cardano is looking bullish again after the massive drop in response to eToro delist and other FUD. Price Action using simple outlook can be observed with price reacting from a significant bullish orderblock. Let us know your thought guys. Please like, comment & follow us for more...
Looking the EURAUD daily chart and of course using top down analysis approach. I see a scalp long with 1:2 ratio target. The price action has clearly established a reasonable support level with vertical and horizontal confluence. What do you guys see ??? Please leave feedback in the comment below:
If bitcoin shorts squeeze continues this week. BTC price is going to head towards 50k region again soonest. What's your thought ?