As of this afternoon, EUR/USD is trading around 1.0850, experiencing a slight downward pressure from the previous sessions. This movement is influenced by a combination of economic data and monetary policy factors. Recent robust economic data from the U.S., particularly the strong retail sales figures and industrial production reports, have bolstered the USD....
Hello,Traders! EUR-USD fell further down But a horizontal support Of 1.066 was hit and the Pair is already making A rebound so I will be Expecting the pair To go further up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅AUD_CAD has been falling recently And the pair seems locally oversold So as the pair has approached a horizontal support of 0.9050 Price growth is to be expected LONG🚀 ✅Like and subscribe to never miss a new idea!✅
✅NZD_CAD is about to retest a key structure level of 0.8400 Which implies a high likelihood of a move up As some market participants will be taking profit from short positions While others will find this price level to be good for buying So as usual we will have a chance to ride the wave of a bullish correction LONG🚀 ✅Like and subscribe to never miss a new idea!✅
#NAS100 Next week..! The price reaches the highest level. And this should be retested. Because 13th of June reaches this price and falls down to 19,479 level. But in a low time frame still running between the Accending channels. But the movement is bearish Because 2 times it is tested with treeline. However once the market opens if the current 4H candle end...
The AUD/USD pair kicked off the new week on a positive note, hinting at a potential rebound from a significant support area that aligns with the 78.6% Fibonacci retracement level. This comes after a bearish reversal observed last week, which saw the pair correcting from its previous bullish momentum. Recent Trading Activity Last week, we successfully closed a...
As of this afternoon, EUR/USD is trading around 1.0850, experiencing a slight downward pressure from the previous sessions. This movement is influenced by a combination of economic data and monetary policy factors. Recent robust economic data from the U.S., particularly the strong retail sales figures and industrial production reports, have bolstered the USD....
Technical Analysis: Assessing Bullish Continuation and Potential Corrections The price recorded a new all-time high, demonstrating strong bullish movement. However, some investors remain concerned about the sustainability of the equity rally, as gains have been driven primarily by megacap growth and technology stocks. Today's Outlook: The price is expected...
The EUR/USD currency pair experienced a notable upward movement on Monday, following a rebound from critical support levels around 1.0700 and 1.0640 during the early European session. This rebound marks a significant shift after a period of pressure, largely attributed to potential risks emerging from France's financial situation. The speculation that Marine Le...
Hello,Traders! AUD-CAD is about to Hit a horizontal support Around 0.9050 and after The retest the pair is Likely to make a bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello,Traders! NZD-CAD went down again To retest the horizontal Support level of 0.8392 And it is a strong level So we will be expecting A local move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
My dear followers, This is my opinion on the GOLD next move: The asset is approaching an important pivot point 2329.3 Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 2316.8 About Used Indicators: For more efficient signals,...
My dear friends, Please, find my technical outlook for GBPAUD below: The price is coiling around a solid key level - 1.9323 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 1.9277 About Used Indicators: The pivot point itself is...
Here is my latest structure analysis and important support and resistance levels to focus on EURUSD next week. Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
USDCHF formed a tiny double bottom pattern after a test of a wide key intraday horizontal support. I think that the price may pull back from the underlined blue area. Goal - 0.893 ❤️Please, support my work with like, thank you!❤️
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Please, check our technical outlook for DXY. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 105.141. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all...
Hello,Friends! GBP/NZD pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 2H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 2.062...