Price is currently in a bearish momentum, which could cause price to fall to our buy entry at 1.2844. Our buy entry is at a pullback support key level which aligns with the 50% fibo retracement. Our stop loss is at 1.2694, which is an overlap support key level. Take profit is at an overlap resistance key level, at 1.3002.
Please be advised that the information...
The GU has had a clear bullish trend in recent time and may likely after this current pull back or retest which have rested at .50/618% Fib retracement giving a clearer view according to my bias that Buying opportunities may be arising,
According to DANCOLNATION CAPITAL , its likey to produce at an equal high before a clear reversal, else we should be expecting...
Based on the H4 chart analysis, we can see that price is falling to our buy entry at 1.2843, which is a pullback support level aligning with the 50% Fibonacci retracement.
Our take profit will be at 1.2995. The stop loss will be placed AT 1.2694 which is an overlap support level.
Please be advised that the information presented on TradingView is provided to...
2023.7.19 USD has returned to 100
Hello, I'm Older Duan. Today is Wednesday, July 19th 2023.
Now it's 17pm Beijing time.
Let me give you a quick comment on the technical forms of the current international mainstream varieties!
First, what we see is the daily graph of the dollar index.
As shown in the figure, the U.S. Dollar Index has returned to the top of...
My dear friends ,
Please, find my technical outlook for GBP/USD below:
The price is coiling around a solid key level - 1.30511
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.31644
Safe Stop Loss - 1.29966
About Used...
2023.7.18 USD continues to weaken
Hello, I'm Older Duan. Today is Tuesday, July 18th 2023.
Now it's 17pm Beijing time.
Let me give you a quick comment on the technical forms of the current international mainstream varieties!
First, what we see is the daily graph of the dollar index.
As shown in the figure, the daily closing line of the U.S. Dollar Index...
2023.7.17 US crude Oil falls!
Hello, I'm Older Duan. Today is Monday, July 17th 2023.
Now it's 17pm Beijing time.
Let me give you a quick comment on the technical forms of the current international mainstream varieties!
First, what we see is the daily graph of the dollar index.
As shown in the figure, the U.S. Dollar Index has fought for long and short...
Here we can see massive bullish trend. There is a minor resistance zone at 1.31400 level.
Possible bearish reaction to 1.32500
Possible bullish reaction to 1.30000
If this bullish trend continued I will look for the opportunities to buy.
The GU has reached the extreme, aiming to head back down deep. We have seen a change of character printed on the chart, a 30-minute timeframe. Place your stop above the resistance level and target 1-3R.
Price is starting to have a bearish reaction off our sell entry at 1.3147, which is slightly below the 100% fibo projection, and it is an multi-swing high resistance level.
Our stop loss is at 1.3296, which is a overlap resistance level, and our take profit is at 1.2994, which is a overlap support level.
Please be advised that the information presented on...
2023.7.13 USD is about to challenge the 100 integer gate
Hello, I'm Older Duan. Today is Thursday, July 13th 2023.
Now it's 17pm Beijing time.
Let me give you a quick comment on the technical forms of the current international mainstream varieties!
First, what we see is the daily graph of the dollar index.
As shown in the figure, the U.S. Dollar Index has...
GBPUSD / 4H
Hello traders, welcome back to another market breakdown.
GBPUSD is trending in a bullish trend, the price is now having a deep pull-back. I'll be looking for a confirmation around my buy zone.
Trade safely,
Trader Leo
Based on the H4 chart analysis, we can see that price is currently at our sell entry at 1.2999 which is a pullback resistance resistance that aligns with 78.6% Fibo projection and 161.8% Fibo extension. Our take profit will be 1.2847 which is a pullback support level. Stop loss will be at 1.3083 which is swing high resistance level.
Please be advised that the...
My Opinion! BUY!
GBP/USD looks like it will make a good move, and here are the details:
The asset is approaching an important pivot point 1.29911
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 - 1.28849
My Stop Loss - 1.30506
About...
Hello,Traders!
GBP-USD keeps growing
In a strong uptrend but
A strong horizontal resistance
Of 1.30473 Is ahead and
The pair is locally
Overbought so I think that
After the retest we will see
A local bearish correction
Sell!
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Based on the H4 chart analysis, we can see that price has just reacted off our sell entry at 1.2906 that aligns with 61.8% Fibo projection and 127.2% Fibo extension, indicating Fibo confluence zone. Out take profit will be at 1.2829 which is a pullback support level.
Stop loss will be at 1.3036 which is slightly above 78.6% Fibo projection level.
Please be...
Hello,Traders!
GBP-USD made a pullback
From the horizontal level
Of 1.284 just as I predicted
But has now broken the key
Level and the breakout is
Confirmed which together
With the uptrend reinforces
Our bullish bias and I think
That the pair will go up
Buy!
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The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bulls are taking over so we will bend to the will of the crowd and buy too.
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