The recovery of the US dollar is accelerating as market sentiment fades. The Yen is on the defensive with the hope that the BoJ will keep its extremely accommodative policy unchanged. Markets are quiet today, with US markets closed for a bank holiday. The pair has recovered most of the ground lost on Friday, reaching intraday highs near 146.00. The dollar seems to...
By examining the gold chart in the 4-hour time frame, we can see that after the price was able to grow to $2062 according to the previous analysis, it was corrected again and fell to $2041! Finally, the weekly candle closed at $2049, which was higher than last week's close but lower than last week's open! Pay attention that in the higher time frame (weekly), the...
Hello everyone, here will be some assessments on the long-term trend for the GBPUSD currency pair! First of all, talking about the short term, last week, GBPUSD continuously received victories as the price still increased despite not having too big breakthroughs. The currency pair is still supported as the USD still has difficulty recovering. Regarding the...
As you can see, last night, after the analysis we had, the price was able to experience a strong drop and correct it until $2013! After that, the price was accompanied by relative demand to be able to fill the liquidity void that had been created! After the price had grown to about $2030, the news of the war was published in the market, and this caused gold to...
Preferred direction: SELL Comment: Ahead of the inflation data , the situation for the Euro did not change. The current sluggish recovery is due to a surge in market sales that were missed by limit buyers. This does not mean that we will now grow rapidly. Most likely, a major player has not allowed the price to move, as the impulse is delayed until the US...
By checking the gold chart in the 4-hour time frame, we can see that the price is trading in the range of $2035 and yesterday, as I expected, the price could grow to the range of $2043 and after that it will fall again! The important demand range in the 4-hour time frame is $2031, which can have an initial reaction to this level, and if the price can stabilize...
GBPAUD is forging a consolidation as market participants try to decide on the potential. The level of 1.9015 is an important zone for the participants. Overcoming the boundary of the consolidation range will form an entry point for price movement in one or another direction Consolidation can lead to both ups and downs: 1) The market is testing a strong...
Well, as you can see, the price of gold, with its growth from $1974 to $2089, created a Big liquidity void in the range of $1997 to $2016 and another one in the range of $2031 to $2083, the second LV as in It was created in 4 days, it was filled in 4 days, and gold managed to fall to $2031 on January 2nd ! On Friday, with the announcement of the NFP statistics,...
ok , this is what I call b set up not my A+ set up . it is risky , I usually like to trade with overall trend which is bullish in this case . 1_ before the price can make its way up from a bull flag forming it needs to grabs liquidity or any Gaps fvg left behind , in this case because we using of fibs for discount price , this entry already in profit . ( I just...
Same Idea has EURUSD, but the daily fair value gap is more close.
GBPUSD - Classic bullish setup - Our team expects bullish continuation SUGGESTED TRADE: Swing Trade Long GBPUSD Entry Point - 1.2573 Stop Loss - 1.2546 Take Profit - 1.2631 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
By checking the gold chart in the daily time frame, we can see that the price according to our expectation was accompanied by a further fall and was able to correct up to $1973! Be careful, this fall will continue only if it stabilizes below the level of 1987$! In this case, the next falling targets will be $1966, $1960 and $1939 respectively! Please share your...
Here I have GBP/USD on the 4 Hr Chart! We have a nice outline of 2 Peaks or Highs forming what looks to be a possible Double Top formation! With price failing to make a Higher High @ 1.27245 and now on its way back down to the Confirmation of Pattern @ 1.26035, I believe we will be seeing a Break of the current Low giving us a Lower Low signaling Price to extend...
As you can see, we are in the final hours of the market, and according to our analysis, gold could not penetrate below $2031, and this caused it to start growing from the range of $2034 and now finally hit the target of $2066!If the upward trend continues, the next targets will be $2070, $2075 and $2088 respectively! I hope you enjoyed this week's analysis and...
Here I have GBP/USD on the 30 Min Chart! We currently have price outlining 3 different Highs outlining what looks to be a Head and Shoulders Pattern on top of the Support or "Neckline"! I believe we could be seeing a possible Reversal coming! **Chart Patterns are known to fail 1/3 of the time so BEWARE OF FALSE BREAKS! -Pattern Prediction- If Price Breaks and...
#CADCHF UPDATE Hey traders,Welcome to Anna trade charts. Hope you are enjoying your trading journey and our trading analysis too. Today Anna is monitoring the pair CADCHF. CADCHF will go upside according to the LTF. The reason behind this is, It formed a new high after a long range, and it also retest the HL, so here are more chances that we will see a new HH...
#CHFJPY UPDATE Hey traders,Welcome to Anna trade charts. Hope you are enjoying your trading journey and our trading analysis too. Today Anna is monitoring the pair CHFJPY. CHFJPY will go high according to the 1 Hr time frame. Reason behind this is that it has done the CHOCH pattern and now it will go for the retest the major level of structure to gain the...