So I think this where we are heading next. Don't forget the that SL is as calculated as the TP. Make sure it's below 1900.
Gold underpins the Chinese Yuan, it's underpinning the BRICS movement full-stop. Chinese economy is on the move... Recently, despite USD strength, Gold has maintained a HL, and I now see a reverse H&S forming. I expect FOMC to pause this week, and often FOMC is not the best for USD. I believe Gold has been forming a bull flag (which I calculate has been broken...
GBPUSD looks quite oversold. The pair is under a strong bearish pressure for many days. The market is currently testing a solid key daily support. Analysing the intraday perspective, I spotted a falling wedge pattern on an hourly t.f. Bullish breakout of the resistance of the wedge will be a strong bullish confirmation. A pullback will be anticipated then...
Trying to become more active on Tradingview by posting as much analysis videos as possible. If im wrong or said something wrong and you dont address me then nothing will get resolved. I'm open to ideas but I do believe the candlesticks speak for itself. Our timing has to be impeccable. We cant time the market but we can sure predict its direction thru...
AUDUSD currently has a score of -10, or a Strong Sell rating after adding up all categories. First, let's look at what institutional traders are buying/selling. We can see that theAUD has a long percentage of 35.19%, and we see that the USD has a long percentage of 69.73%. This category receives a -2, as institutional traders favor the USD. Taking a look at...
On Monday, the USDJPY dollar hit an 11-month peak, a move triggered by the Federal Reserve's recent signaling of another potential interest rate hike and an intention to maintain higher rates for longer. Then, (counter to expectations) the yen faced pressure when the Bank of Japan, on the preceding Friday, decided to maintain its ultra-low interest rates and its...
Hello,Traders! EUR-USD broke the support Cluster of the rising and Horizontal support lines And the breakout is Confirmed so I think That the pair will Keep falling down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
The EURUSD pair is extending the decline inside the two month Channel Down and technically it isn't over yet. The Lower Low leg range is between 2.70% - 2.90%. Starting from the September 12th Lower High, a decline of the -2.70% minimum will land the price directly on Support at 1.04850. The 1D RSI is almost on the 30.00 oversold level, but we need to see a...
Hello,Traders! EUR-USD is trading in a Downtrend but the pair is Now retesting a horizontal Support of 1.0626 so a Local bullish reaction Is to be expected Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅EUR_USD retested the strong support level at 1.0622 After trading in a local downtrend from some time Which makes a bullish rebound a likely scenario With the target being a local resistance above at 1.0674 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
As we can see gold's report last week were against the yellow metal to go higher , so the federal reserve vowed to hike rates until inflation returns to its annual target of 2% . And all the fundamentals are showing that the gold will go down .
– Previous Weekly candle closed weak Bullish at 1925.400 forming a Rejection to the upside around 1947.400, Friday Daily candle closed Bullish forming Daily Support around 1919.100. – Buys on close above 1928.300 targeting Daily Resistance formed around 1933.800, Leaving Runners to the Weekly Resistance formed around 1940s. – Sells on close below 1923.900...
Here is my latest structure analysis & key levels to watch next week on EURUSD. Horizontal Structures Support 1: 1.0630 - 1.0635 area Support 2: 1.0516 - 1.0545 area Resistance 1: 1.0717 - 1.0737 area Resistance 2: 1.0755 - 1.0775 area Vertical Structures Vertical Support 1: Lower boundary of a falling channel Vertical Resistance 1: Upper boundary of a...
EURUSD Back to sell area Fed Sell off got stopped by Bonds Back to regular Trading days !! Stay Calm Be patient TP 1.0750 SL 1.0600
After the completion of the 5th leg, the US DOLLAR is expected to reverse direction to the downward.
Here is my latest structure analysis for USDCHF. Resistance 1: 0.910 - 0.915 area Support 1: 0.899 - 0.902 area Support 2: 0.893 - 0.895 area Support 3: 0.886 - 0.888 area Support 4: 0.874 - 0.878 area Support 5: 0.869 - 0.873 area Support 6: 0.855 - 0.858 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like,...
The Japanese yen has taken a tumble after the Bank of Japan's decision to hold interest rates steady. Meanwhile, the perfect trading scenario has emerged with the US dollar/DXY. It's time to capitalize on this golden opportunity and make some profitable moves! So, fasten your seatbelts and get ready to ride the wave of success. The Bank of Japan's Impact: The...
It's no secret that Bitcoin has been the talk of the town, captivating the attention of traders worldwide. However, amid this crypto frenzy, we cannot overlook the immense potential that lies within the US dollar. As the DXY continues its upward trajectory, it's time to consider a pause on BTC and explore the possibilities of longing for DXY. Why should you...