AUDCHF has been trading inside a Channel Down since the February 2021 peak, so essentially for exactly 1 year. The 1W MA50 (blue trend-line) has been the Resistance for the better part of this Channel. The whole price action since the COVID crash market bottom is similar to the 2011/2012 period, where the pair also formed a Channel Down following a market crash....
The metal has noticeably strengthened during this week and now it is expected that at the end of the trading week the price will close near its highs. BUY scenario: It will be safer to consider probable longs in the area of prices 1868.855 - 1880. ----------------------------------------------------------------------------- Remember, there is no place for...
Long setup, for stoploss you decide yourself. Please use suitable lot!
The idea of buying this currency pair continues to be laid on the market. Now, most likely, the most optimal variant will be to wait for the price at the level of 1.13740. In this case, we will make sure that the price does not fall under this support, and we will also get a more profitable entry point. ------------------- Share your opinion in the comments and...
The idea of going long for this currency pair worked out perfectly. At this stage, the level of 115.500 acts as a strong resistance and the price is expected to fall to the support line of the uptrend channel. ------------------- Share your opinion in the comments and support the idea with Like. Thanks for your support!
Price has started an upside move and has been pushed to the upside after retesting the yellow support zone. Currently, after a sharp rise, price has started moving sideways between the SR levels. If we take a look at the price structure, we can see the higher major lows and high which shows that we are in an uptrend. If price breaks the resistance level at...
As expected, price bounced off our weekly buy zone. Weekly target is @ the high. Check my previous post for the analysis
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We saw good rotation and good growth and we expect to see the next resistance level and the important Fibonacci level of the climb.
With the Pound today the price hike to 1.34490 is expected. If the level is held by buyers, then this will certainly be a signal for a probable hike in prices to 1.35955 and above. ------------------- Share your opinion in the comments and support the idea with Like. Thanks for your support!
this is multi time.i think it get back from 0.786 fibo.so i opened a buy position. GOODLUCK
Following the DXY analysis (), the Lagging Span is a it's SSB level on the Weekly Timeframe. If the Lagging Span is refused to pass, a correction to the Weekly TS or KS is likely. A breaking of that level and after confirmation, the next Target would be the Monthly KS as marked on the chart. Glossary : TS = Tenkan Sen | KS = Kijun Sen | LS = Lagging...
Description Price is reacting below our pivot level at 0.92016 which is in line with 127.2% Fibonacci extension level, 100% Fibonacci extension level & horizontal swing high resistance. Price can potentially take support at 0.9145, which is in line with horizontal overlap support, 61.8% Fibonacci retracement level. Alternatively, price may rise up to our...
The upward trend continues for Gold. In the near future, the metal should approach the resistance of 1850.75, from where it will most likely correct slightly down. ------------------- Share your opinion in the comments and support the idea with Like. Thanks for your support!
Description Price is reacting below our pivot level at 0.9145 which is in line with 50.0% Fibonacci retracement level and horizontal swing low support. Price can potentially take support at 0.91971, which is in line with horizontal swing low support, 200% Fibonacci extension level. Alternatively, price may rise up to our resistance at 0.91745, which coincides with...
Hello, Welcome to this analysis about USDCHF on the 4-hour timeframe perspectives. As when looking at my chart we can watch there how USDCHF recently increased with bearishness in the structure and fell below the 0.9175 support which now confirmed as a main resistance. From there on USDCHF moved on to form this main potential bear flag formation in which USDCHF...
USDCHF rebounded from the key level around 0.9180 and 50% fib level price below HVN around 0.9155 price below SMA 100 MACD shows bearish momentum so it's expected bearish movement to support a level around 0.9020
Description Price is reacting below our pivot level at 0.91818 which is in line with 50.0% Fibonacci retracement level and horizontal overlap resistance. Price can potentially take support at 0.90971, which is in line with horizontal swing low support. Alternatively, price may rise up to our resistance at 0.92007, which coincides with 61.8% Fibonacci retracement...