currently its in downtrend on 1h tf, price can reach 81.61(3%), if trade above RED(79.09)...
Hello Everyone, The NZD/USD pair appears ready for additional upward movement! However, it's important to note the significant 1M resistance at 0.601471. We'll be looking for this level to shift into a supportive role to sustain further momentum. Should this level fail to hold, we might anticipate a retest of the weekly support. TradeWithTheTrend3344
Looks like a Return to Previous Level play coming up Knee Jerk reaction to People Claiming No Job ie = Jobless Claims Not that the News is here on the Chart ????????? Both trending the same way really so have to choose which will out wiegh the other. I say USD as it most often does. RSI has multiple Divergence Over Extended on FL-TMA Bands 30...
Price Status : Reaching week 1 equilibrium Unsettle Price level : Open price week 1 (Tuesday). Alert On this Price.
Today, gold continued its recovery from Monday, when it gained more than $25 since the start of the new week. While gold prices fell for a second straight week after a five-week rally, investors' overall sentiment toward the precious metal remains upbeat. From the chart analysis, we observe that gold has broken out of the price range and crossed the trend line,...
Looking at the dollar's action on the charts seems to have provided enough momentum for the EUR/USD to continue to rise at the beginning of the week. However, in the fourth consecutive day of gains, the pair failed to retest or break the key barrier of 1.0800. The expected sideways trend is expected to continue and soon the pair will encounter resistance again at 1.0800.
GBP/USD surged to 0.786 retracement 1.2622 earlier, but then fell back below 0.618 retracement. The RSI failed to close above the 60 threshold, thus still showing negative sentiment, and the lack of divergence suggests that GBP/USD could resume its downtrend and continue lower in the coming weeks. A break below 1.2465 would confirm that the bearish trend has...
We are on the higher time frame where the price has broken out of the uptrend channel pattern, creating a 5-minute order block/demand zone, waiting to be retested in the London or New York session before looking for an entry opportunity.
Hello, friends Bitcoin fluctuates very quickly. I believe Bitcoin will break its all-time high in the next few weeks. Stop loss <56k$
Jpy has rebounded from the 0.786 retracement level of 151.75. The Relative Strength Index (RSI), a strength indicator, still showed positive sentiment and did not diverge. This is a strong sign that the dollar will rally higher against the yen. If the RSI closes above the 60 threshold, it will confirm the prospect of a bullish rebound. A bullish move towards the...
It is now clear that we are approaching the static and dynamic resistance ranges, so I think these three scenarios are possible. However, I continue to be bullish on Bitcoin, which is supported below $60,000 and should soon reach above $70,000
Continued downward trend: If the MACD crossover is confirmed (the blue line is below the orange line) and the RSI falls further below 40, this may indicate that the downtrend will continue. Potential support levels are worth watching: $2,400 (previous low) and $2,000
Now GBP/USD is forming an AB=CD Hermonic pattern on a one-dimensional time frame
The dollar rose against the yen in early trading Wednesday, rising for a third straight day. Despite strenuous efforts by Japanese officials to strengthen the yen, it is once again in the hands of dollar bulls. Last week, the Japanese government intervened in currency markets to buy about $60 billion worth of yen. The operation had mixed success -- on the one...
Looking at the chart, the NAS100 may see a bearish move before the market regains its bullish momentum
GBP JPY → The yen continues to weaken. Target 197.0 GBP/JPY is testing trend support, but buyers are keeping prices out of the risk zone. The pair is returning to the bullish zone relative to 193.5, which generally opens up upside potential for the market to 195.0-197.0 On the W1, the pair is heading back to 195.844 after a false break of global resistance,...
Hello, everyone I think the bearish environment for the euro is not ready yet, which suggests that it could still try to retest the 1.0830 area. Today, we are looking at support at 1.0725-1.0730, which is a possible scalp long position
Aud/USD is now at major resistance levels. The dollar index is expected to rise further. Wait for the retracement of previous lower highs before trading.