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! Like, comment and subscribe to help us grow! Check out other forecasts below too!
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! Like, comment and subscribe to help us grow! Check out other forecasts below too!
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. ❤️ Please, support our work with like & comment! ❤️
The GBP/USD pair has formed an expanding channel, indicating a steady bullish rally following a breakout. Currently, the price has retraced to a significant hourly resistance level. There is anticipation for a potential bullish breakout to occur, which could sustain the upward momentum in the market.
By the end of the last week price formed strong bullish pressure. Price reached 1.2400 resistance zone. I will wait for the price to react to it. Its possible to see retest of 1.27800. Potential strong resistance at 1.30000 Potential bullish reaction to 1.27000
Hello,Traders! GBP-USD went up sharply And the pair is locally Overbought so as it is Retesting the resistance Of 1.285 I think we might See a local correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
We're seeing price rise towards a major overlap resistance at 0.8552 which also coincides with a 23.6% Fibonacci retracement, 38.2% Fibonacci retracement and a shorter term 61.8% Fibonacci retracement. It's worth noting that there's a fair bit of bearish momentum too wish the descending resistant line and the bearish ichimoku cloud pushing prices down. A drop...
Preferred direction: BUY Comment: This instrument also moves up, according to our scenario. Now the buyers are going to break out the level of 1.09000 in the "triangle" format. Entry in the direction of the local trend strengthens long positions and gives more confidence in the uptrend impulse. The current buyers' target is at the level of 1.09623. Do not...
Hi there, looking at the GU market today, you could notice that the price has shown a deceleration in the bullish move, which shows that the market is preparing to head back down to the support level. A bearish pin bar has formed which indicates a lack of interest in the current market price from the bulls. Also, the price is between 61.8 and 50 percent of...
Based on the H4 chart analysis, we can see that price is approaching our buy entry at 1.2674 which is an overlap support level that aligns with the 50% Fibo retracement. Stop loss will be at 1.2596 which is the previous swing high. Take profit will be at 1.2738. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’)...
GBPUSD forms a retest of 0.236 Fibo and the resistance area of the new descending price channel and is preparing to continue falling. TA on high timeframe: 1) Price from resistance 1.28484 forms a correction to 0.382 fibo and enters consolidation between the nearest levels. 2) The fundamental background for the pound against the dollar takes a negative side....
On EURUSD, we have a bearish setup with the price currently at the lower end of a channel. I expect a retracement around the 1.0876 area, where we have a significant gap on the H1 timeframe within a supply zone. Before entering, I will wait for price confirmation on both the M15 and H1 charts. Then, I will assess the short entry with a target at 1.0830. It would...
Preferred direction: BUY Comment: The British is still slowly, but still going to an intermediate level of 1.27695. This level can be said to be the median of the current price range 1.26989 - 1.28484. Just at 1.28484, the current target of the buyer is located. Thank you for like and share your views!