There is No Double top from our point of view and the EUR/USD is recovering ground above 1.0500, eyeing a sustained move above 1.0600 in the European session this Monday. The latest uptick in the currency pair could be associated with a minor pullback in the US Dollar across the curve, as the US Treasury bond yields extend to the downside. EUR/USD has been...
BEARISH CHANNEL Pattern in Long Time Frame #LTF Rejection from the Demand Zone and Fibonacci Level 61.80% Completed " 12345 " Impulsive Wave and " A " Corrective Wave according to Elliot Waves Divergence
The GBP/USD after reaching our previous target price had a pullback again in the support area retesting the 61.8% Fibo from the previous swing low. The value is making Higher-highs and Higher-lows supported by a dynamic trendline. The price cross on the higher side of the RSI and today the economic data about GBP MoM ( GDP measures the value of goods and services...
Trade Idea: Buying GBPUD Reasoning: Grinding higher Entry Level: 1.2239 Take Profit Level: 1.2334 Stop Loss: 1.2196 Risk/Reward: 2.19:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all...
GBPUSD D1 - Really want to see this upside break and retest before jumping into these longs. ***USD pairs are fast approaching some fairly significant daily resistance zones, lots of data out this week for both the GBP and USD. So this could really catalyse an upside break... We just have to wait and see what releases and what starts to unfold.
We spotted a head and shoulders pattern on Dollar Index on a key resistance last week. Probabilities are high, that the market will reach 104.19 support soon. Be prepared for a bearish continuation. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Hi Snipers, Please refer to the recording for the next price levels and scenarios. Thanks MS
Considering the order flow from a day traders perspective ,price has been finding it way to the downside indicating the strength of the YEN over the USD . That being considered hence the eminent bias to short the pair ,but caution should be put in place due to the upcoming CPI data and after that both zones should be watched closely
Title: Corn Futures ( ZC1! ), H4 Potential for Bearish Continuation Type: Bearish Continuation Resistance: 673.75 Pivot: 651.25 Support: 638.25 Preferred case: Looking at the H4 chart, my overall bias for ZC1! is bearish due to the current price below the Ichimoku cloud , indicating a bearish market. If this bearish momentum continues, expect price to head...
#XAUUSD seems to retest back to 1779 limits before a pull back on buy to 1788-93, the down center trend is weak to make a buy at the correct price so now let's take sell entry at 1790.78 down to 1779 limits....
Title: Cocoa Futures ( CC1! ), H4 Potential for Bullish Continuation Type: Bullish Continuation Resistance: 2542 Pivot: 2422 Support: 2475 Preferred case: Looking at the H4 chart, my overall bias for CC1! is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. If this bullish momentum continues, expect price to head back...
Title: EURO FX Futures ( 6E1! ), H4 Potential for Bullish Continuation Type: Bullish Continuation Resistance: 1.06680 Pivot: 1.05085 Support: 1.03315 Preferred case: The current bias for 6E1! on the H4 chart is bullish . To add to this bias, the price is currently above the Ichimoku cloud , indicating a bullish market. If the bullish momentum continues, expect...
There's a lot of impactful news coming this week. They start as early as tomorrow with the CPI, in the coming days we will see the interest rates from the FED and the ECB! Before the news, any trades will be risky. We will be watching for another rise to the resistance zone and trend reversal. Large fluctuations are possible during the news, so entries will be...
The US dollar is trying to form a base following its false break of the August low. Whilst it saw a daily close beneath the key level on Friday 2nd December, a bullish engulfing candle formed the following day. Furthermore, a higher low formed on Friday with a Spinning top Doji and held above the August low, and momentum is pointing higher today. So if this week’s...
There is a supply zone at 138.000 on the H4 timeframe and the price is going nicely up to the zone. What do u think? Will it fall from supply zone? My profit target for that short from supply is at 133.000
Formed Rising Wedge In H4 tf Incase Of Breakout expecting 280 to 300 pips Bearish Move
looks like something could be setting up to the downside .
HELLO GUYS THIS MY IDEA 💡ABOUT ENSUSDT is nice to see strong volume area.... Where is lot of contract accumulated.. I thing that the buyers from this area will be defend this LONG position.. and when the price come back to this area, strong buyers will be push up the market again.. UP TREND + Resistance from the past + Strong volume area is my mainly reason...