EURUSD is going to test 1.04250 after ending current uptrend, 1.06500 level is strong resistance, Probably price will reflect from this level to 1.04250. Watch photo to see possible moves. FOLLOW TO GET NEXT SIGNAL
Traders, As expected, SPY bounced off of that 200-day SMA and performed a classic retest of the underside of our previous support, the neckline of our H&S. Now, the only question that remains is do the bulls have enough in them to break back above or do we remain on the underside of this neckline and potentially drop back down ...maybe even breaking the bottom of...
After reaching to 1885$ as we said, gold is going to reflect his movement to down. Next target is 1845$ level. Follow to get next signals
Hey Traders, in today's trading session we are monitoring DXY for a selling opportunity around 106.400 zone, DXY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 106.400 support and resistance area. Trade safe, Joe.
EURUSD multiple time frame analysis. Important key levels. Price action analysis. Trading plan. ❤️Please, support my work with like, thank you!❤️
USD/JPY is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 149.414 which is a pullback resistance level. Stop loss is at 150.160 which is a swing-high resistance. Take profit is at 148.406 which is an overlap support that aligns close to the 38.2% Fibonacci retracement level. High Risk...
USD/CHF could rise towards a pullback resistance and potentially reverse off this level to drop lower. Sell entry is at 0.90910 which is a pullback resistance that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 0.91330 which is a level that sits above the 38.2% Fibonacci retracement level and an overlap resistance. Take profit is between...
NZDUSD reached a solid horizontal resistance. Approaching that, the price formed a rising wedge and a double top patterns on an hourly time frame. Both the neckline and a support of the wedge were broken. It is an important sign of strength of the bears and a local change of a character. I anticipate a retracement to 0.600 / 0.599 ❤️Please, support my work...
We have a busy claendar today for forex traders, with US producer prices data, FOMC minutes and several Fed members set to speak. Clearly this lineup has the potential for some larger moves on the US dollar, and that helps explain why the 1-day implied volatilty level for EUR/USD is nearly 200% of its 20-day average. What’s grabed our attention is that DXY has...
✅DXY is going down now But a strong support level is ahead at 105.700 Thus I am expecting a rebound And a move up towards the target at 106.100 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! EUR-USD is about to hit A supply level of 1.065 From where a bearish Pullback is to be expected Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
We saw gold gap up which I believe needs to be closed, with a drop down to support around 1834, but may go further. The Israel Palestine conflict caused the buying of gold, however as a non-yield bearing asset it's less attractive than USD, and a strong USD is bad for gold, so I think we may even see a fall back down to the bottom of the channel at 1800. If it...
Looking for longs on the dollar if the price took the sell-side liquidity and then MSB
🔸Hello traders, let's review the daily chart for EURUSD today. Recently we had noteworthy compression inside rising wedge in strong prior downtrend conditions. Normally this results in a breakdown and dump, we had a fake breakout and print of new higher high at 1230/1240 before reversal and subsequent breakdown of the rising wedge structure. 🔸EURUSD ongoing...
#dxy has formed a falling channel and if breaks out upside, there will be a new pump and this will be not be good for all except dollar. There' s war and the situation is ideal. NOT FINANCIAL ADVICE.
USD/CAD is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 1.36944 which is an overlap support that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 1.36337 which is an overlap support that sits under the 38.2% Fibonacci retracement level. Take profit is at 1.37842 which is a...
Hello,Traders! DXY is trading in an Uptrend but now the index Is making a local correction. However, a horizontal support Is ahead at 105.700 from where I think we will see a bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!