In this recap I cover a short position I took on EURNZD with key details regarding the lower timeframes, followed by two missed positions. CADJPY has given me some direction on potentially a new entry I can include in my trading plan, whilst USDJPY I chose to stay out of due to high impact news. Double digit returns again in just one week, stay switched on guys!!
#MATICUSDT UPDATE Hey dear members hope you all are enjoying our ideas and analysis. Now we are here to discuss about MATIC MATIC is getting a strong support. And we can see a good bounce from this price level. Here we can see gain upto 70%+✍
EURUSD is neutral on all high timeframes with our focus on this analysis in particular being on the 1M timeframe (RSI = 51.643, MACD = -0.007, ADX = 25.957). The reason is because we want to keep ourselves aware of what the underlying long term trend is. And based on the 1M RSI it is bearish, as the indicator shows a peak. It is the same peak that for the last 10...
Hi folks today I'm prepared for you Euro analytics. If we look at the chart, we can see how the price some days ago rebounded from the 1.0900 support level, which is located in the support zone, and made a strong impulse up to the trend line, thereby breaking the 1.1030 resistance level. But soon, the price rebounded from the trend line and in a short time...
#DYDXUSDT UPDATE Hey dear members hope you all are enjoying our ideas and analysis. Now we are here to discuss about DYDX. DYXDX is getting a good bounce for this support level. At this Move we can see gain upto 80%+
Here is our detailed technical review for EURCHF. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 0.933. The above observations make me that the market will inevitably achieve 0.936 level. P.S Overbought describes a period of time where there has...
Preferred direction: BUY Comment: We continue to consider this currency pair in the format of a strengthening U S dollar. The pressure to the level of 0.85696 also indicates the likelihood of a breakout upward, which we are already waiting for throughout the current week. Most likely, we will see this in the US PPI data. Two scenarios are considered for...
EUR/USD: Navigating Market Volatility Post-US CPI Release After experiencing a notable Pump and Dump scenario on Thursday following the US Consumer Price Index (CPI) release, the EUR/USD has managed to reposition itself for growth. The US Dollar (USD) faces challenges in finding demand, and as of the current moment, the price is trading at 1.09585. Market...
EURNZD - Intraday Risk/reward is ample to call a buy trade. Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. Our short term bias remains positive. Mixed but positive price action has resulted in consecutive, narrow-ranged, sideways trading days. Levels close to the 50% pullback...
The long-term trend is bearish. Any breaking of the bearish channel might be just a stop hunt! Sell around 0.9400 and take profit around 0.92800 Trade wisely and don't forget about money and risk management.
After a strong bearish impulse, EURCHF was consolidating for 2 weeks within a narrow range on a daily. Yesterday's CPI report triggered a bullish reaction on the pair. It managed to violate the upper boundary of the range. I think that the market may start a correctional movement now. Closest resistance - 0.94 ❤️Please, support my work with like, thank you!❤️
4H Level explanation EURNZD has been trading in a bearish trend for the last days. Now, the price displays a bullish Engulfing pattern. Possible scenario The best way to use it for sell opportunity is to place a Sell order at 1.7630 target at 1.7530 The best way to use it for a Buy opportunity is to place a Buy order at 1.7507 target at 1.7547 The upcoming...
This is my Intraday analysis on EURUSD for 12 Jan 2024 W2 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m NOTE : Nothing changed much also yesterday even with CPI news. a whole ranging week and i wish we get out of that range today so we can have better opportunities next week. Wishing everyone a good weekend. 4H...
EURAUD - 24h expiry There is no clear indication that the upward move is coming to an end. Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher. The RSI is trending higher. Risk/Reward would be poor to call a buy from current levels. A move through 1.6450 will confirm the bullish...
Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price rebounded from the support level, which coincided with the buyer zone, and in a short time rose to the resistance level. Then the price started to decline in a downward channel, where the EUR declined to 1.0725 points, thereby breaking the 1.0875 level. After...
In today's trading session, our attention is focused on EURUSD, with a keen eye on a potential selling opportunity around the 1.09700 zone. After breaking out of its uptrend, the pair is currently in a correction phase, edging closer to the retrace area at the 1.09700 support and resistance zone. Adding a fundamental layer to our analysis, the recent Consumer...
Hello,Friends! EUR/CHF pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 1D timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 0.942...
EUR/USD: Riding the Bullish Wave Amidst Market Shuffles The EUR/USD pair continues its bullish trajectory, reinforcing the outlook from our previous analysis. After a brief consolidation in a range area with a minor setback, the market has opened with a fresh bullish impulse for the EUR. This surge aligns harmoniously with the retest of the 200 Moving Average...