The GBPUSD pair has hit a resistance zone and displayed bearish price action on lower time frames, suggesting a potential continuation of the downtrend towards the target levels indicated in the chart. Please note that this is merely a trading idea and not a signal. It could either succeed or fail, so I encourage you to conduct your own research and analysis...
The USDCAD pair has encountered a resistance zone and has subsequently retraced, forming a bearish head and shoulders pattern. This could potentially lead to a downward movement towards the target levels indicated in the analysis, following a significant bullish trend. Please note that this is merely a trading idea and not a signal. It could either succeed or...
SOLUSD has developed an inverse Head and Shoulders pattern and has successfully retested it, suggesting a continuation of its upward move. The initial price target is set at 120, with a final target of reaching 133.73. Just to clarify, I'm only sharing my thoughts on this pair, not offering any trading advice.
The Nasdaq is currently following an upward trend and has arrived at the support zone and the lower boundary of this trendline, suggesting a potential upward movement. Please note that I am not providing trading signals; I am merely sharing my ideas.
On the daily timeframe, gold broke the bullish trend line and formed a low at 1944.5, also creating a bearish pattern (head and shoulders) indicating a potential decline. Currently, on a smaller timeframe, gold broke the resistance to test the 2001 resistance level, and breaking through it would lead to a climb towards the next resistance at 2011-2013 for a retest...
The GBPAUD pair has broken the resistance zone highlighted in the analysis, I am anticipating a potential bullish move to the next resistance zone shown in the analysis. The first target is set at 1.95070, with the final target aimed at 1.97008. Just to clarify, I'm only sharing my thoughts on this pair, not offering any trading advice.
Tesla is currently trending within a downward channel and has touched the channel's lower boundary. There's potential for a rebound from the current price of 188.13, aiming for targets of 211.66 and 238.19. Just to clarify, I'm only sharing my thoughts on this pair, not offering any trading advice.
NIO INC has exhibited a reversal pattern in the form of a Head and Shoulders, suggesting an upward movement toward the first target price (Tp1) and ultimately reaching the final target price as outlined in the analysis. Just to clarify, I'm only sharing my thoughts on this pair, not offering any trading advice.
Bitcoin is currently trending upwards within a bullish channel and has hit a zone of resistance. If it fails to break this level, we might see a reversal in the trend, allowing the bears to take control, and potentially driving the value towards the levels indicated on the chart. In two days, the Federal Reserve will announce its interest rates. If these are...
The AUDUSD pair has formed a bearish head and shoulders pattern, indication a potential downward movement. This was confirmed after breaking through the 0.65265 level and subsequently retesting it. According to the analysis, the targets are set at 0.64150 for TP1 (Take Profit 1) and 0.62861 for TP2 (Take Profit 2). Just to clarify, I'm only sharing my thoughts on...
The Disney (DIS) stock is at a major support level, and if it breaks over the indicated resistance on the chart, it could change its trend from bearish to bullish. I would advise not making any buying decisions until the stock not only breaks but also retests this resistance. Following these events, we could predict an upward trend toward the targets indicated on...
The CADJPY currency pair has recently breached a key support level, as indicated on the chart, and is currently retesting this level. This retest presents a favorable opportunity to enter a sell position, with the aim of reaching the target also outlined on the chart.
The EURUSD pair continues to exhibit a downward trend, presenting an opportune moment for initiating a sell position. This follows its recent retest of the previously broken support level. The stop-loss for this position should be set at the high of the previous 4-hour period, while the target is set at the support level indicated on the chart.
EURUSD is presently in a bullish trend line. If it forms a bullish price action within this trend channel, I would expect the price to continue moving upwards towards 1.07248. Conversely, if the price breaks the current support at 1.06753, I would anticipate a bearish continuation based on a higher time frame towards 1.06450. Both scenarios could potentially play...
The US Dollar has broken the bearish trend line and broke two previous highs. This may lead to a change in direction towards 110.265-110.920 if it can successfully break 105.840 and retest it. The red lines mark potential reversal prices but should not necessarily indicate a change in direction. Please, don't follow my signal blindly, trade based on your own risk.
Gold is still in a downtrend, making it likely to continue moving down. It hasn't broken any resistance on the 4-hour time frame and has failed to create higher highs and higher lows, indicating a higher probability of further downward movement. Please, don't follow my signal blindly, trade based on your own risk.
CHFJPY has recently breached its trend channel, but it continues to exhibit a bullish bias. This alone is not a sufficient signal to initiate selling positions. I would prefer to observe a breakdown below the present support level, accompanied by the formation of lower lows and lower highs. This would provide a compelling opportunity to consider selling...