I always tell my people always keep your chart 📉 plain, do every trader can understand and know the direction of the market The horizontal line is the previous HH, if the market want to continue up then the market would have to break that structure You can also see the trend line guarding the market to the up side Salem
OANDA:EURUSD In a short past million hours. Waited after news to settle down...I guess I waited too long, or it REALLY settled and took a nap on me.
USD/CAD potential bearish zones: 🔻1.35400 🔻1.36300
Hello traders Nzd/usd has possible upside higher time frame suggests bullish condition we have seen sharp move up breaking 0.64680 institutional level and the market dropped 0.61420 to buy at a good price . price comes at that area to buy more price love that level we can target to fill up the void this can take sometimes or faster depending on how fast they want...
CSDJPY is on the rising Channel of its medium term Channel Up, rebounding on the 1D MA50. The 1D technicals are neutral (RSI = 53.031, MACD = 0.270, ADX = 28.072) and that always favors technically the dominant trend. So as long as the price is inside the rising Channel, our target will be the 1D MA200 (TP = 101.350). If a candle closes under the rising Channel...
Today's focus EURUSD Pattern – Resistance stall Possible targets – 1.1165 Upside 1.0965 downside Support – Resistance – 1.1065 Indicator support – ECB meeting MA slope up With the ECB to come, we are focusing on the EURUSD as price continues to be held at 1.1065 resistance. Price has continued to trade in an up trend but, for now, remains held back at...
Today's focus AUDCHF Pattern – LH - Continuation Possible targets – .5920 .5875 Support – .5951 Resistance – .5875 Indicator support – MA sloping down, CCI 0 Cross Hi and welcome to today’s update. Today we are watching the AUDCHF and wondering if we will see a new continuation lower that will maintain the current downtrend. Yesterday buyers made a solid move...
USDCAD Breakout Conditions using Buy Stop and Sell Stop.
The GBP/USD currency pair has recently seen bullish pressure take control, with bears unable to invalidate the crucial demand/support zone at 1.23823. Over the past two weeks, the 1.25044 supply/resistance level has successfully held, prompting the question: what's next for the GBP/USD pair? To answer this, we'll analyze the daily, 4-hour, and 1-hour candlestick...
Hello Traders , I'm sharing my game-plan of USDCHF for the coming weeks. There is the bullish XABCD Pattern on weekly chart frame. And on the Daily or 4Hr time frame, it took rejection from the strong support zone . There's also a bullish divergence on 4hr time frame on key-levels. I'm strongly bullish on this pair, in coming few weeks, This pair will be...
EURUSD is trading inside a Channel Up that is holding for more than 1 month. The neutral 1D technicals (RSI = 55.804, MACD = 0.006, ADX = 27.998) indicate that this is the ideal short term buy entry. The 4H RSI also shows that yesterday's Low may be the same as April 10th. As long as the price is closing inside the Channel Up, we remain long, targeting the 1.618...
A quick video on how the GBP may strengthen against the JPY. Looking bullish and may breakout from 172. Trade your own plan, do your own research and good luck!
We've just had a decent pullback and now we could get the bounce. The US fiscal flows have gone into surplus. What does that mean? It means the US Treasury is taking more out of the system than they put in. This means they are taxing more than they are spending. When a government taxes they destroy the currency. This means there are fewer dollars in the system...
Hi Traders! Our EURUSD idea on the 25/04/2023 was absolutely smashed, which resulted in a fantastic risk to reward setup. We reached the price target of 1.10760 before retracing around the 1.0956 level which is the now the new resistance. There was a further push to the downside and we are now ranging looking for direction, trading opportunities will come soon...
Hi Traders! We hit the 133.200 price target on the bearish trading idea on 26/04/2023. There was a further push to the downside before bouncing off support near the 133.000 level with opportunities for other entries in the near future. Please remember to follow, like and comment, there will be plenty more to come from us over the next few weeks - your support...
Today's focus EURJPY (EURUSD & GBPUSD) Pattern – trend continuation Possible targets – 148.30 – 148.65 Support – 146.65 Resistance – 148.30 Indicator support – hard sloping EMA, 0 line dip and break. Looking at the EURJPY, we can see that buyers have started to set up a new continuation pattern after yesterday's fightback buyers have set new highs today but...
Hi Traders! We currently have a bearish channel with potential target of 133.200 we must have a momentum break and close of the 133.399 level to see this. Bearish bias is also shown in the price action with lower highs and lower lows. Please remember to follow, like and comment, there will be plenty more to come from us over the next few weeks - your support...
hello traders we see pound breaking 4hr zone we see also commercials position are in a bear mode .we can clearly see we are making a descending triangle wait for the break and candle close on a 15 min lets make some pips