In my analysis of the USD/JPY pair, the technical setup currently indicates a bearish trend, with the price action recently breaking through key support levels, which could potentially become resistance. My interpretation of the chart suggests caution as the downtrend may persist. However, fundamental factors such as central bank policies, economic indicators, and...
It looks like creating M pattern on daily time frame. Let's see how it shows the breakdown. Keep an eye on it. If invested try to reduce your position from here.
✅EUR_GBP is trading in a Downtrend and the pair is now Accumulating in a bearish range Pattern so IF we see a bearish Breakout then we are likely To see a further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
DIA tracking the DOW widely in an ETF format on the two hour chart had a 7% rise in the past month which was widely followed in the investment media. I believe that it was a bull trap. In the past week price action has been sideways while the Stochastic RSI shows bearish divergence as does the zero lag MACD. Tradign Volumes has fallen off since burst of...
✅USD_CAD is trading in a Downtrend and the pair Made a breakout then made A pullback and retest of the New resistance level of 1.357 From where I will be expecting A further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
✅CAD_CHF is about to Retest a horizontal resistance Level of 0.649 while Trading in a downtrend So I am bearish biased and I think that we will see A further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! DXY broke the key Horizontal level of 103.329 Which is now a resistance And the breakout is confirmed So we are now bearish biased And we will be expecting A further move down After some pullback and retest Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
There is a descending channel happens in the D1 and Bearish Flag at the H4. And finally there is a Ascending Wedge. Also, there is a confluence of Fibonacci 0.618 So, It's a Strong Sell after the breaking of that Wedge in the H1...
On 30-min chat, the currency pair could not cross the resistance (blue line) and broke the support (red line), targeting down to 148.6 In case the movement is reversing , crossing the resistance will target 150.54
The foreign exchange market, a dynamic arena where currencies engage in a perpetual dance, is currently witnessing notable shifts in the EUR/USD pair. This analysis delves into the intricate interplay of both fundamental and technical factors influencing the Euro against the US Dollar. Against the backdrop of the Federal Reserve's cautious approach to monetary...
Hello Everyone 🙋🏽♂️ Oversold + Demand zone 🟠 EP 23.41685 🔴 SL 23.71720 🟢 TP1 23.10085 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️ 🟢 TP2 22.81060 ⚠️ ( Close 33% of the trade )⚠️ 🟢 TP3 22.50200 🔥 ( Final result)🔥 We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone, manage your...
I'm calling it early. I'm not excited to do it. Let's get some good bounces!!
Hello,Traders! USD-CHF is going down And the pair broke the key Horizontal level of 0.8900 Made a pullback and retest And is now going down again So we are bearish biased and We will be expecting a move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
🔮 #CELO Analysis 🚀🚀 💲💲 There is breakdown of ascending channel pattern in #CELO with proper retests of all levels. Now there is a clear path to the downside. 📉📉 💸Current Price -- $0.555 📈Target Price -- $0.515 ⁉️ What to do? - We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸 🏷Remember, the crypto...
The divergence seen in the 4-hour time frame is confirmed. It is expected that the 20 EMA will go down, risk management should not be forgotten
Market does not like Kainos's results Triangle break to the downside. Not much volume though. Possible move down to 498. Let's see.
These stocks are clearly in a downtrend and testing the downtrend line resistance. I have puts of TGT that I bought on Friday. If you want to trade one of these I recommend to open a limit order at a better price than it closed on Friday for the puts and pick a strike price close to the current price. You can also buy puts with different strike prices to balance...
We can observe that XAU/USD is in a downtrend, as the price has broken through the lower structure, and three resistance zones have formed. These factors serve as even stronger indicators that the price will continue in that direction. The take profit level is set at 1958.05 .