Hey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing price play between two structures and testing support at 2155 Goldturn with a retracement range just below at 2147 weighted level. If we see the 2155 hold then price will head towards our Bullish target at 2166 and a break and lock above 2166 will see the range...
Let's delve into the GBP/CAD currency pair as we approach the end of the night. 🌙 On the four-hour timeframe, after a robust uptrend and a test of the daily resistance line at 1.73398, we experienced a rejection, signaling a corrective phase. 📉 Moreover, within this timeframe, we observe a four-hour trend that broke down after the correction. Upon the activation...
Gold prices fell nearly 2,155 USD in early trading on Monday in Asia. The FOMC will likely leave interest rates unchanged at its March meeting on Wednesday and will be in no rush to cut rates. Chinese policymakers emphasized the need to continue implementing proactive fiscal policy and strengthen the country's economic recovery. China's February retail sales and...
Hey Everyone, Please see our daily chart idea that we have been tracking for a while now, which is playing out and respecting dynamics perfectly. Previously we got the 2043 hit, as analysed and we advised that we will be waiting to see either ema5 cross and lock above 2043 to open the range above or a new Goldturn formation below 2043 to confirm rejection into...
MATIC broke through the support level and the ascending trendline. Decline to support level at $0.91 is expected to happen.
Hey Everyone, Please see our updated 4h chart levels and targets for the coming week. We are seeing price play between two structures, support at 2151 Goldturn and resistance at 2171 Goldturn. We are looking for a bullish test on 2171 and a break and lock above 2171 will open the range above. We also have a immediate bearish test at 2151 and a break and lock...
Hey Everyone, This is an update on our weekly chart idea that we have been tracking and trading successfully over the last few months and currently still being respected. So far we were able to track the entre move up and down twice with level to level tracking and our long term swing range zones have also provided the bounces each time. We are now seeing the...
Gold prices hold steady below record highs as traders await further signals on the Fed's roadmap for interest rate cuts Area 2172 is the first important hook that gold is trying to break to continue forming a downtrend. Area 2163 is our take profit point when the price touches fibonacci 2.618 and the Dow breakout point yesterday. The whole market's expectations...
Hello Traders, here is the full analysis. Price reversal going up, levels for BUY . USDJPY long ! Great BUY opportunity USDJPY 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 comments. I...
"Bitcoin has depreciated by -12.37% since its peak on Thursday, March 14th, at 73.7K. BTC/USDT has fallen to the support level of 64.3K (25-period daily exponential moving average). From that level, buyers have defended the cryptocurrency against further declines, and it has recovered to the 69K level. At the time of writing this article, the flagship...
We already discussed last week that AUDCHF looks very bullish. I see one more strong bullish confirmation on a 4H time frame today. After a test of an intraday support, the price broke and closed above a resistance line of a falling wedge pattern. The pair may keep growing today. First goal - 0.58237 ❤️Please, support my work with like, thank you!❤️
Gold had its second consecutive decline after Friday. Friday's down D1 bar created a bearish pinbar pattern, with a long upper shadow and a close near the bottom, showing selling pressure pushing down from above. Deeper price compression took place when Friday's D1 bar fell inside the previous D1 bar, also inside the overall Inside bar model to create a double...
Price has broken the upwards trend and is looking for a possible downwards trend but still resting on a support, if price breaks the support then we should see a sell to 0.57087
Looking for a scalp short on USDJPY on market open, hit the top of the channel with a rising wedge on bearish divergence should get to the bottom of the channel but will just take profit at resistance. GL
The increase in retail sales data for this currency pair causes the EURUSD currency pair to retrace and is approaching an important support zone. EUR/USD is hovering in a narrow range above 1.0900 on Wednesday morning in Europe. The US Dollar struggles to extend the recovery inspired by hot US CPI data, strengthening the pair ahead of EU mid-level data and ECB...
☘️Gold prices are consolidating above $2,160 early Friday, as risk sentiment remains sour and supports the rising US Dollar. Gold prices fell on Thursday after traders began to take profits when gold failed to break the 2185 resistance level. The latest US PPI data beat market expectations and last month's figures, but the dollar and US interest rate cut...
GBP/USD remains low near 1.2800, awaiting US data GBP/USD continued to struggle near the 1.2800 mark early Thursday in Europe. The US Dollar's modest recovery and cautious market sentiment keep the pair on the defensive as they wait for top US economic data to be released later in the day. GBP/USD came under heavy bearish pressure and fell below 1.2750 in the...
☘️Entry BUY EURUSD is the most important support point for this currency pair if you want to continue maintaining the uptrend. The old trendline and Breakout point increase our confidence when making this BUY signal. Italian Retail Sales news today is also showing support for the EUR. The US economic data is unfavorable for DXY in the short term, we can also...