– Previous Daily candle closed Bullish around 2029.200 closing within recent Daily Resistance formed on Monday 22nd January 2024, forming Daily Support around 2021.600. – Buys on close above 2031.000 targeting 4h Resistance formed around 2035.800, Leaving Runners to the 1h Resistance formed around 2041.400. – Sells on close below 2020.700 targeting 1h previous...
This was the psychological threshold to hold, and it did not resist: Bitcoin has just lost $40,000. Since the approval of Bitcoin ETFs, the correction has been particularly clear from January 11 to date, the cryptocurrency has lost 19% of its value
The trade idea capitalizes on the economic strengths of the US and the challenges faced by Japan, making a long position on USD/JPY appealing. Amidst the contrasting economic landscapes of the US and Japan, a long position on USD/JPY appears favorable. The robust and resilient US economy, marked by strong retail sales, positive jobless claims, and optimistic...
Top-down analysis for DXY. Price action analysis. Important key levels. Bullish outlook explained. ❤️Please, support my work with like, thank you!❤️
I'm expecting a big collapse from this pair over the next few weeks. I'm seeing a Break of Structure on the lower timeframes, with 1hr retest. GBP data shocking and certainly indicating recession, USD not looking like a recession. Heightening global conflict could also lead to a stronger USD. I'm going short on this pair, first target 1.255.
Top-down Analysis. In this video, we take a close look at the GBPUSD to find out where it is going. Using a top-down analysis, we have examined all possible directions of price movement in the short term and long term, respectively. We are expecting to catch a down move that will give us a potential of 147 pips in profit if it goes our way.
gold On H1 there is a downward rang , but it is better to look for strong support level at 2024.6 and resistance level. because now it is impossible to say clearly as. a symmetrical triangle is forming globally. Resistance levels: 2035-2048-2050 Support levels:2025-2020-2018 My goal is 2025
In this video, we take a close look at the EURUSD pair to ascertain where it is going. Our analysis reveals we are to expect short-term bullishness on the 1 hour to drive prices into our 4 hour PB, following which prices are expected to drop significantly towards the 4 hour liquidity target.
For the short term is a bow tie diametric and it is the best scenario. So it will after that it is a little more correction.i will update it later
– Previous Daily candle closed Bearish around 2021.700 forming Daily Resistance around 2029.800 – Buys on close above 2024.800 targeting Daily Resistance formed around 2029.800, Leaving Runners to the 4h Resistance formed around 2035.500. – Sells on close below 2018.200 targeting 4h previous Resistance formed on 18th January 2024 around 2012.000, Leaving Runners...
The Houthis say they are targeting ships which are Israeli-owned, flagged or operated , or which are heading to Israeli ports. However, many have no connections with Israel. US-led naval forces thwarted many of the attacks. Major shipping companies have stopped using the Red Sea - through which almost 15% of global seaborne trade usually passes - and are...
As we can see from the chart above, the previously shared analysis hasn't changed (see chart below). From a technical point of view, we have considered the idea of a potential bullish swing developed with at least 3 legs, such as ABC for example )without excluding an impulsive structure 12345 with Target above the previous Top). Now, instead of following the pair...
EURUSD has consolidated below the resistance zone. Given its previous sharp decline, we might see another drop, potentially revisiting the previous low.
Overall, EASYMARKETS:GBPUSD is still trading above a medium-term tentative upside support line taken from the lowest point of March 2023. From the shorter-term perspective, from around mid-December, the pair is moving sideways within a range, roughly between the 1.2615 and 1.2800 areas. In order to consider the next short-term directional move, we would prefer...
Gold kicked off the week at high levels as it traded near $2,050 per ounce, buoyed by the Middle East conflict’s safe haven demand and stubborn market sentiment that rate cuts are coming sooner rather than later. But as the shortened holiday week rolled onward, a steady diet of hawkish central bank comments and the absence of any energy boosts from geopolitics...
– Previous Weekly candle closed Bearish around 2029.600 forming Weekly Resistance around 2049.200, Friday daily candle closed weak Bullish rejecting 2040s area. – Buys on close above 2035.300 targeting 1h Resistance formed around 2041.600, Leaving Runners to the Weekly Resistance formed around 2049.200. – Sells on close below 2024.900 targeting 1h Support around...
Here is my latest structure analysis for GBPUSD. Resistance 1: 1.2760 - 1.2786 area Resistance 2: 1.2799 - 1.2828 area Support 1: 1.2596 - 1.2620 area Support 2: 1.2500 - 1.2550 area Support 3: 1.2374 - 1.2415 area Consider these structures for breakout/pullback trading next week. ❤️Please, support my work with like, thank you!❤️
My DXY view for this first Q of 2024. FUNDAMENTALS: We started with a clear shift of sentiment this year. Last two months of 2023, market rapidly priced rate cuts into the usd dollar, expecting cuts as early as March also J. Powell gave the most dovish speech in his career in the hopes that inflation will slow down faster than expected an attemp to save banks...