Mahtab_Tradia

Mahtab_Tradia

As you see in the 4H time frame, price is in an strong uptrend and after a downside retrace and some correction, it has started to rise again. Currently, price is facing bullish pressures and is above the red resistance level and could break it. But we should wait for this 4H current candle closure to see if it will be closed strong above the resistance or...

Mahtab_Tradia

As you see in the 4H time frame, price failed to make a higher high and created a bearish reversal double top pattern and was pushed sharply to the downside. Currently, price is facing bearish pressure but has approached to the yellow support level at 166.300 and got rejected from it. We might see a pullback around the red resistance zone and if there was any...

Mahtab_Tradia

As you see in the Daily time frame, USDCAD is in a strong downtrend and had a big drop in the past few weeks. Currently, price is in the exhaustion phase and had a retest on the red resistance zone and got rejected. On the other hand, price is between the resistance and support areas which is a no trade zone and we should wait for the momentum. If price failed...

Mahtab_Tradia

After a significant sharp drop, US dollar index approached to the support level and got rejected from it. Currently, price is being pushed to the upside and is facing bullish pressure. It seems it is entering to the correction phase and is likely to pullback to the yellow resistance area. I think we might see some upside retrace and strength on US dollar for a...

Mahtab_Tradia

After a significant rise, GBPUSD has approached to the resistance zone (red colour) and was rejected from it. As you see in the 4H time frame, price failed to make a higher high and has been pushed to the downside and is facing bearish pressure. Currently, price is moving in a symmetrical triangle pattern and is falling towards the yellow support at 1.1843 and...

Mahtab_Tradia Updated 

As you see in the 4H time frame, price is approaching to the resistance zone which is between 1789 - 1802. As price is approaching to the resistance area, the bullish candles are weak and the bearish momentum is decreasing. Moreover, we can see that price is moving on the ascending trend line. We might see a rise to 1800 first, and then if price got rejected...

Mahtab_Tradia Updated 

As you see in the 4H time frame, price is in a downtrend and currently it is retracing the previous bearish move. There is a resistance zone between 166.800 - 167.400 which has been hold the price for a while. Moreover, we can see the weakness on the bullish candles and log upper shadows which indicate the bulls are getting rejected and there is more bearish...

Mahtab_Tradia

In the daily time frame, price is in a strong bullish trend and had a significant growth in the past few weeks. Price had the highest high of 1784 and failed to rise more for now. We see an upper shadow on the current candle which indicates the weakness of bulls. Currently, price is approaching to the red resistance zone which is between 1789 - 1802. On the...

Mahtab_Tradia

As you see in the 4H time frame, price has made a bearish reversal pattern in the form of a head & shoulders formation at the end of the uptrend. Currently, the neckline (red resistance area) has been broken to the downside and price has been fixed below. On the other hand, price has approached to the support level at 162.800 and was pushed to the upside. For...

Mahtab_Tradia

As you see in the 4H time frame, price is in a strong uptrend and has made a bullish structure with higher highs and higher lows. Currently, price has approached to the resistance level at 0.6675 and is struggling to break it, but I expect downside push and a throwback near the support zone. Afterwards, we can expect a continuation of rising towards the marked...

Mahtab_Tradia Updated 

As I expected in my previous analysis, price had a big significant rise with strong movements. In the Daily time frame, we can see that the yesterday’s candle is a strong bullish candle which has broken the resistance zone between 1625-1635 and it turned into a support zone. Currently, in today’s candle, price is facing bullish pressure but not as strong as the...

Mahtab_Tradia

In long-term time frame, GJ is in an uptrend and bullish. In lower time frames we see that price is moving in a minor downtrend. Price has made a lower high but failed to make a lower low and was pushed to the upside after retesting the S3 around 165.192 which is a strong support level. On the other hand, price failed to break the R1 and got rejected from it and...

Mahtab_Tradia

As you can see in the 4H time frame, price had a sharp upside move after retesting the yellowing support level around 1617. We can see that the bullish candles are strong and powerful. XAUUSD has started an uptrend and currently, it is retracing the previous upside move. There is a support zone between 1657 - 1665 and price has thrown back to it recently. But,...

Mahtab_Tradia

After FOMC released the new interest rate which was higher than the expectations, we saw the immediate impact on US dollar which caused a strong strength on it. Currently, we can see that price is facing bearish pressure and is moving in an ascending parallel channel and is rising towards the channel’s upper bond. There is a resistance zone ahead which is also...

Mahtab_Tradia

As you see in the 4H chart, EURUSD has made a bullish formation and is moving inside an ascending wedge pattern. Currently, price has approached to the lower band of the pattern and was pushed to the upside. There is a resistance zone around 0.99500 and if price breaks this level, we can expect a rise towards the wedge’s upper side around 1.01 On the other...

Mahtab_Tradia Updated 

In my previous analysis, I expected a fall to 1627 and 1615, but price could not break the first support level and after falling to 1630, it was pushed to the upside and started a new upside move. Currently, price is facing bullish pressure and is approaching to the daily resistance level in red colour at 1665. This a key level for us because we can see there...

Mahtab_Tradia

As it is shown in the 4H time frame, GJ is moving in an uptrend and had a significant rise for a while. In the higher time frame (Daily), the past two days candles have been closed below each other and there was a strong downside rejection from bears. Currently, we can see a downside breakout on the ascending trend line and if the current 4H candle closed below...

Mahtab_Tradia

As it is shown in the 4H time frame, GBPUSD is in an uptrend and has made a bullish structure with making higher highs and higher lows. Moreover, price could break the resistance zone strongly and fixed above1.15 level. Currently, the broken resistance zone has turned into the support area. Price is in the exhaustion phase right now and it seems it is making a...