Dear traders! On the price chart EURUSD broke the classic bearish wedge structure and reached 1.0867 below the key resistance zone at 1.0900. However, the very strong uptrend seems to be well supported by the 2 EMA 34.89 on almost every time frame and above the key breakout area at 1.0800 which the bulls are holding on to with the aim of strengthening....
The EUR/USD pair continued its upward trend on the final Friday of the week, maintaining stability within the price wedge. The outlook remains bullish as the price channel holds firm, and the EMA 34 has begun to show signs of a reversal!
Dear traders! On the 4-hour timeframe we noticed an interesting candlestick pattern setup. Price action was confirmed high above the 1.2645-1.2650 support level. It is expected that in the near future the uptrend will be more certain, the target is at least in the area of 1.2800 - 1.2850
The USDCAD formed a rising wedge pattern following a breakout of a significant horizontal support level. After a retest of the broken structure, the price rebounded strongly, breaking through the support of the wedge. It is likely that the pair will continue to decline, with potential targets at 1.3586 and 1.3559.
The price perfectly fulfilled my last idea. The market took off and hit the target. FX:EURUSD has broken through the previous day's high, moving higher as it tests the strong resistance level of 1.09000. This is the same zone where the market tanked, setting up an April high. The price has now reached the upper border of the channel, making a 1-2-3 extension,...
With the yuan and yen offered, so too is the AUD/USD, pulling back from multi-month highs hit Thursday. Despite recent weakness, buying dips is preferred to selling rallies as long as risk appetite holds up. Given the proximity to former resistance at .6442, traders could buy ahead of the level with a stop below for protection. .6712 would be the initial target...
SMC Concept with AUDUSD : Bullish targeting previous day high 1) SSL Swept 2) IRL->ERL 3) 5M SSL Swept , MSS 1:2RR Make you sure to use proper risk management This is a not financial advise , it is meant for educational purpose. Cheers!
AUDUSD is currently in a long-term uptrend. After reaching a level of 0.664, the market pulled back to a trend line that is moving upwards. The pair was able to break through an important daily resistance area. The broken structure, along with the major rising trend line, now form a contracting demand zone, which is where the next upward movement is expected to...
due to entering the range from which we had the fall before. You can apply for sales positions. Areas and limit of profit and limit of loss are specified in the chart.
Another leg down is expected before this weekend. Keep eye on it for an impulsive move down before Friday closure.
My dear friends, EURUSD looks like it will make a good move, and here are the details: The market is trading on 1.0867 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clearshort signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1.0806 Recommended Stop Loss - 1.0900 About Used...
We have these indicators for SELL opportunity: - Low volume to continue the current direction - Reflection from the top of the parallel channel - Return/re-test to 3M high (min. for TP1) - Stong resistance line – zone with ATH We define 3 goals: TP 1 = 80 pips TP 2 = 200 pips TP 3 = 400 pips
GBPUSD Absorbed Liquidity dropped but suddenly Recovers this confirms more upside move
EURUSD - Classic bearish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Short EURUSD Entry - 1.0876 Sl - 1.0924 Tp - 1.0786 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Possible short setup for next week on USD/CHF at 0.90868 Area, SL @ 0.91157, TP @ 0.90150
Waiting on this 1 hr BOS to buy for next week. Euro appears bullish to me atm.
This pair is been bear market for quite awhile now, as we see, we are in an accumulation phase, to be more sure, wait for a breakout of the box. Lls and Lhs.
We can attempt to short AUDNZD as it break HL , trendline support , also there is bearish divergence indicate that it move downward. SL , TP mention in chart.