SmithFX_id

SmithFX_id Updated 

This analysis based on fundamental and technical analysis based for educational purpose only. Fundamental Analysis : We know that Inflation rate on AUD still high and RBA need to tame inflation, meanwhile USD we see that last year hiking interest rates 10x streak, and we see the inflation is cooling down. If The Fed hiking more interest rates, it will be a risk...

SmithFX_id Updated 

XAUUSD Yesterday fall after Mr Chairman Powell Testify, but price likely have to pullback into supply area before continue to fall

SmithFX_id

In my analysis using Simple Moving Average 200 and 144 periode holding price with some rejection, while RSI showing a potential Hidden Bearish Divergence Formation. -Weekly give us Lower High and Lower Low Structure -If this year EURCAD wanna go bullish, at least this pair have to retest previous support to create a Higher Low

SmithFX_id Updated 

Previous idea of mine was to see price will reverse near the declining trendline resistance, and giving us nice , and clean reversal bearish divergence signal

SmithFX_id

EURAUD Higher TF Weekly still Bearish Stucture As we can see in Weekly Price still forming LH-LL also if we measure with trendline still forming declining trendline resistance Anyway EUR Area Fundamental still worse overall for me.

SmithFX_id

As EUR area still in bad economic situation while AUD near interest rates hikes 4th Oct I still see this up movement as the minor trend act as retracement. While hidden bearish divergence appears to confrim the market stucture still creating LH-LL. Educational Purpose, and this is not a financial advice

SmithFX_id

In this analysis i spot a regular bearish divergence on weekly timeframe So there is 2 scenario - This is a sign of weekly retracement or - This is a sign of a reversal into a bearish trend for the new trend change

05:52

SmithFX_id

In a daily chart we see a Moving average 200 near an orderblock and in H4 chart we see a regular bullish divergence as a signal for a temporary pullback

SmithFX_id

AUDNZD short potential from channel The reason to short position are : -Price rejected at channel resistane -Bearish divergence -RSI Overbought at 80

04:27

SmithFX_id

D1 Timeframe I spot orderblock near the 0.79 daily fibonacci retracement, also Moving Average 200 My forecast gold will have a pullback to the upside untill next week

SmithFX_id

Educational purpose only I see the price approacing pivot channel while awesome oscillator showing possibility bearish divergence, According this pair have a wide price range movement, possibility going down is possibile waiting for a swing high created

SmithFX_id

Educational purpose only ADAUSDTPERP I following this pair for so long time and learn about this pair behaviour, As we know Cardano have a good prospect but in a same time the investor also trade this pair for good return. By the time we see overal this pair still in a bullish trend but also before break higher or creating another all time high, buyers need to...

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Educational purpose only ADAUSDTPERP Price broken previous support trendline, and bullish pressure is decreasing , i expect the price will go to near demand zone

SmithFX_id

I'm just learning here, and trying to test some method for any of you who in trade, please don't take this as financial advice, thank you :)

SmithFX_id Updated 

As we know the dxy is on bullish, but we facing the dxy need to correction before continue going higher, also we look into silver at the down channel, and price currently at the daily demand area, i expecting silver going to correction up before continue to going down.

SmithFX_id

Educational purpose only ADAUSDTPERP can't create higher high, In my previous analysis that price created a rising wedge pattern but the price broke the support trendline, So i take a look again and doing adjustment and making a rising wedge pattern, but even the awesome oscillator show a sign of bearish divergcence, And price didn't make higher high so my...

SmithFX_id

educattional purpose only ADAUSDTPERP still in a bullish momentum, In my previous analysis that price created a channel movement but the upper channel line didn't respected, So i take a look again and doing adjustment and making a rising wedge pattern, but even the awesome oscillator show a sign of bearish divergcence, I assume price still possible going up...

SmithFX_id

Disclaimer educational purpose only EURCHF currently aproaching demand area, I assume that price going to minor demand area, before price can going up with or without retracement. Please dont take this as financial advice and always use a proper good risk management.