On Friday morning in the Asian session, GBP/USD remained low around 1.2550. Expectations that the Bank of England might cut rates before the U.S. Federal Reserve are weighing down on the British Pound and the currency pair. Indicators are trending downward, and a bearish crossover between the EMA 34 and 89 is adding pressure to the pair. UK Industrial Production...
EUR USD PRICE will be DOWN FALL TILL 1.08040 price line as shown in the picture, follow for live updates @FOREX_TRADER_007
Hey folks, so here’s the scoop on EUR/USD: This Friday in the early Asian trading session, the pair was trending down, hovering around 1.0728. There's a bit of a modest recovery happening with the U.S. dollar (USD), especially with all the chatter about the Fed potentially cutting rates in September, and that's really putting some pressure on this major currency...
EUR USD FLIGHT MODE ON TILL 1.07901 take A LONG ENTRY, as shown in the picture, going to break past friday and mondays high level zones, follow for more live updates @FOREX_TRADER_007
HAVE A LOOK OF EUR USD (4H)- going to form sysmmentrical triangle,price will be down fall till 0.99489 marked price line in the chart, make a short trade after break out of parttern as shown in the picture, follow for more live updates @FOREX_TRADER_007
The pair is under pressure and likely we may see a test of 18.5150. Strategy SELL @ 18.7450 - 18.7750 and place SL above 18.8575 and profit order @ 18.5650.
The pair is under pressure due to higher GOLD prices, and its logically then to expect lower levels. The 4-hourly chart is showing possibility to see 18.5600 test. Stochastic is positive DAILY chart and GOLD will correct, therefore seeing an opportunity for more fun on the upside later on. Strategy BUY @ 18.6150 - 18.6300 and place SL below 18.5150. Profit...
Hello to all our subscribers. Please share your personal opinions in the comments. We kindly ask for your support through boosts and subscriptions. There are increasing concerns that if the US March Consumer Price Index (CPI) comes out higher than expected, the timing of the Fed's rate cut may be delayed, and there may be only two rate cuts instead of the...
Ive been watching this for a while,waiting for the 2.09300 level(Low) to be broken and tag the 2.08823 level for buyers to step in the game. If you wanted to play it aggressive, any one of those level would have been superb entries. As on now i see GBPNZD heading to 2.12107 next week if we see buying momentum.
GBP/JPY has recently completed a harmonic pattern and is currently trading within a bullish channel along a trend line. I anticipate that this pair will continue to move higher in the near term.
Account FP - #1080732 AUD/CHF is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.59273 which is a pullback support that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 0.59118 which is a level that aligns with the 61.8% Fibonacci retracement level. Take profit 1 is at 0.59427...
Price is to fall to 1.24228 as sellers pressure increases, in the Asian session , price dropped over 0.2% and it’s set to make more falls in the later hours of the day. A sell opportunity is envisaged Target 1.24228
The ECB's declarations that it would foresee a progressive move away from the policies implemented by the Federal Reserve, precisely because the economic situation in Europe is far worse than in the USA, could quickly bring the EUR/USD rate to parity. With probability of breaking through the previous minimum at 0.95. We also believe that the US general elections...
Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity EURJPY I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
Considering the recent bearish wave, it is expected that after some fluctuation and the completion of the current correction pattern, the continuation of the bearish trend will be formed
According to the structure of the current upward trend, if the price crosses the previous ceiling range, it will be possible to continue the upward trend. If the price crosses the support trend line as well as the green support range, the upward trend is over and the downward trend will be possible
Following the shift from an uptrend to a downtrend, the CADJPY exhibits bullish divergence and then transitions into a non-trending range.