Gold/EUR
⚠️ TREND — Momentum: Big Picture Uptrend — Price Action: Downtrend Retracement — CounterTrend: YES (moderate risk trade) TEHNICAL ANALYSIS —The price is currently trading below the 50-day moving average (MA), which is a bearish signal. —The MACD indicator is also bearish, with the MACD line below the signal line. —The RSI indicator is neutral, with a reading...
Hey Traders, in today's trading session we are monitoring EURGBP for a buying opportunity around 0.85000 zone, EURGBP is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.85000 support and resistance zone. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring EURCAD for a selling opportunity around 1.47300 zone, EURCAD was trading in an uptrend and successfully managed to break it out. currently is in a correction phase in which it is approaching the retrace area at 1.47300 support and resistance area. Trade safe, Joe.
Looking a 4 hr line chart at some reoccuring retrace levels and time cycles we can see price is reaching the 70% retrace level of our last major uptrend. The question is will it be "retrace" and bounce or break the low of the last major swing signaling a reversal of the longer running macro uptrend. Looking at the log chart we can see the rate at which price is...
Hello everyone, Short trade/ Trend breakout, in my opinion buy after the market will open in one descending chart. In my opinion : TP 1.45500 SL 1.48000 Thank You, and Goodluck. I will appreciate your Like & Follow us. 💓 💓 💓
This expectation is a framework to look for a potential trading setup; I don't just execute based on these levels, I always wait for confirmations on lower timeframes This Analysis was done using my complete Strategy which includes: - Smart Money Concepts - Multi Timeframe Liquidity and Market Structure - Supply And Demand - Auction Theory - Volume Analysis -...
Update for EURGBP. Earlier, we spotted a confirmed breakout of a key daily support. The market is retesting the broken structure at the moment. The price formed a bearish flag pattern on a 4h time frame. Your confirmation to sell will be a breakout of its lower boundary - 4h candle close below a trend line will confirm a violation. A bearish continuation...
The EURUSD pair has almost hit the sell target that we set on last week's analysis (see chart below): This is an update to that idea as the price is now not only approaching the bottom of the 9 month Channel Up but also the 1D MA200 (orange trend-line), having the 1D MA50 (blue trend-line) as a Resistance. Being only a few pips before completing the -4.11%...
The news from the beginning of this week: The dollar is still considered the pillar of the post-war world monetary order. The Brics, who meet in South Africa next week, believe the currency gives the US disproportionate power. The European economy has not entered a recession. In the second quarter, the combined gross domestic product (GDP) of the twenty...
The EURCAD pair is consolidating on the 1D time-frame above both the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line). This analysis is basically an update on July's pull-back buy idea (see chart below): The price is now entering the secondary bullish wave of this sequence, continuing to mirror the February - April fractal. However, we do have to...
EURUSD - 24h expiry A Doji style candle has been posted from the base. Buying posted in Asia. The medium term bias remains bearish. Bespoke resistance is located at 1.0933. Previous support, now becomes resistance at 1.0929. Preferred trade is to sell into rallies. We look to Sell at 1.0933 (stop at 1.0963) Our profit targets will be 1.0858 and 1.0838...
Today's focus: EURJPY Pattern – Continuation Support – 157.80 Resistance – 159.19 • EURJPY showing buyer demand from previous resistance. • If buyers can hold, could this be a new upswing? Hi, and thanks for checking out today’s analysis. Today, our focus is on the EURJPY as buyers continue to fight back after two sessions of losses. Friday’s session closed...
We saw a new bottom on Friday. It seems that the downside move is exhausting and a correction is needed in order to continue. All sells are closed and we’re looking for grounds to rise to 1,0950. After the rise we can determine a resistance zone, we will look for sales from.
EURUSD has a pretty much identical setup to our GU trade idea given earlier, now we have the same cons for this markup so high volume POI c-swing potential setup if we shift lower for BOS of the 5min range, bank zones and liquidity. For now we are still waiting on our order flow change to confirm our SWH on this range BUT we are prepared when we do put it in!...
EUR/AUD Now its breaking liquidation area. Hello trader's it's Aahatemon I think eur/aud will move high,coz it's breaking the small box to the up side,which is liquidation grave zone.
EURUSD is currently trading between 2 solid key levels. Depending on the reaction of the price to these structures, I see 2 potential scenarios next week. IF the price breaks and closes above 1.094, I will expect a bullish movement at least to 1.101. IF the price violates 1.083 support and closes below that, a bearish continuation will be anticipated to...
We could be seeing usd to turn weak this week...Watching it first. **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you...
EURGBP broke and closed below a support line of a bearish flag pattern, after a test of a key daily structure resistance. I will expect a bearish trend continuation next week. Target will be 0.8515 ❤️Please, support my work with like, thank you!❤️