As We Talked in The Previous Analysis: The Price Broke The Support Level (1.07431 - 1.06950) . At The Moment, The Price Has Pulled Back to This Key Level Which Has Become The resistance Level. So, Let's Expect The Bearish Scenario: If The Market Breaks and Closes Below The Higher Low (1.06780 - 1.07245). We Will See a Bearish Move📉 TARGET: 1.05755🎯
Hello dear traders how are you and what you think about this analyse please comments..!? In the dynamic realm of AUD/USD trading, 📈📉 our 4-hour chart reveals a compelling narrative. The market exhibits a respectful adherence to the bearish trend line, showcasing its resilience against upward breaches. Notably, the recent closure of a bearish 4-hour candle hints...
Hey Traders, in tomorrow's trading session we are monitoring GBPCHF for a selling opportunity around 1.15100 zone, GBPCHF was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.15100 support and resistance zone. Trade safe, Joe.
📢 Attention Traders: Get Ready for Next Week's Move! Hey everyone, exciting news ahead! 🚨 We're gearing up for another week of action, and our sights are set on USDCHF once again. 🎯 ✨ The Setup: USDCHF is holding strong in its buy zone, and the momentum is building. 💪 Our position is solid, and the market is showing promising signs as we head into the new...
The GBP/USD (British Pound/U.S. Dollar) is the abbreviation for the British pound and U.S. dollar currency pair. Also called “the cable”, this cross belongs to the group of Majors. The GBP/USD tends to have a negative correlation with the USD/CHF and a positive correlation to the EUR/USD currency pairs. The Sterling is one of the four most liquid currencies in...
🚨 Attention Traders: GBPCAD's Signature Dance Continues into Next Week! 📈📉 Hey there, trading enthusiasts! 🎉 I've got some exciting news for you all regarding GBPCAD, the dynamic duo of the British Pound and the Canadian Dollar. It seems like they're sticking to their signature moves, and I'm here to break it down for you. 💃💼 Picture this: GBPCAD has been...
GBPCAD has reversed after reaching a resistance zone and forming a bearish head and shoulders pattern, potentially driving the price further downward towards the targets indicated on 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 before...
USDCHF Daily Chart with Bearish Divergence Testing the Supply Zone. Looking to enter above the current leg high with SL above the previous high and TPs placed in demand zones 1:3 RR Trade
Usd/Cad Daily Timeframe Daily & 4 hour timeframe is still maintaining bullish structure and now its at a demand zone . We can see potential buys around this area lets see what happens this week .
This is my Setup for GBPCHF. If we look at market on 4 Hour time-frame, it has given a CHoCH and for this reason i am posting this setup to go Short. But traders has to be carefull and wait for LTF confirmation, possibly CHoCH on 1 hour after mitigating our POI. Because can not ignore the behavior of market on Daily time-frame where it has sweeped the liquidity...
Market Outlook Ahead of The FOMC In focus GOLD, DXY, EURUSD, USDJPY and AUDNZD In this video analysis, I explain the possible impact of the FOMC and what we can expect for next week. 📺You may watch the video for further details📺 Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
My Bias for NZDUSD is bearish at this time. (**Must wait for price action to further develop in order to go short**)
Weekly: 1. Direction: Bearish 2. Reasons: 1. Price respected the newly formed FVG 2. BOS with massive displacement 3. price is moving from IRL to ERL 3. Trading Range Box: 1.25403 to 1.23032 Daily: 1. Direction: Bearish 2. Reasons: 1....
The pair AUDUSD seem to change the direction for a possible bearish move as per the insights gathered from the fundamental and technical point. The Indices AUD is Bearish and USD is Bullish at the start of the MAY as per the seasonality pattern. Wherein the smart money position is also suggesting a bearish entry in the pair with our very own conditional scoring...
The pair is moving in ascending channel with no divergnce available. The pair have made 50% retracement on fib levels and ready to make new HH
AUDCAD- Possible Reversal, Sell (CMP- Once Market Opens) SL: 0.89583 TP-1: 0.89015 (1:1) TP-2: 0.88719 (1:2) TP-3: 0.88041 (1:4.5) 💡 Trade Confluence - Bearish Divergence, Key Resistance Level, 95% Bearish Sentiment
Here's a brief analysis for a short idea on USDJPY: *Technical Analysis:* - USDJPY has been in an uptrend since January 2023, but has recently shown signs of exhaustion and correction is now likely. - The Relative Strength Index (RSI) has entered overbought territory, indicating a potential pullback. *Fundamental Analysis:* - The Bank of Japan (BOJ) has...
Hello traders, I want share with you my opinion about Euro. Observing the chart, we can see that the price some days ago rose a little and then made a strong downward impulse to the support level, which coincided with the buyer zone, breaking the 1.0740 resistance level. After this movement, the EUR turned around and started to rise inside the upward channel,...