Bearish presence above 1.26836 has exerted consistent downward pressure on GBPUSD in the past two trading days. If selling momentum persists, the currency pair may revisit the 1.26020 level before initiating another upward rally. N.B! - GBPUSD price might not follow the drawn lines . Actual price movements may likely differ from the forecast. - Let emotions and...
Going into next week I anticipate higher prices on Fiber reaching into the orderblock indicated. If there is a daily close above the orderblock I would anticipate price to go through the buyside liquidity. You can use this trade idea to look for long setups using your strategy. The dollar also shows signs of willingness to go lower which supports this idea.
EURUSD N.B! - EURUSD price might not follow the drawn lines. Actual price movements may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades #eurusd #fibre
EURUSD may be targeting liquidity above 1.12000 towards the descending trendline considering the FED's dovishness. However, with chart pattern, one may likely opt for the pair declining to below 1.02000 IF fibre could possibly break the neckline of the forming head-shoulders. Already, the pair has broken a swing low; if a lower high could be formed, then EURUSD...
EURUSD faces 2 strong supports to overcome... N.B! - EURUSD price might not follow the drawn lines. Actual price movements may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades #eurusd #fibre
EURUSD H8 We might not have highlighted this particular trade yesterday, as our attention was primarily on AUD/USD and GBP/USD. It's worth noting that EUR/USD tends to exhibit a pattern more closely aligned with GBP/USD than with AUD/USD. Despite this, we've observed a significant upward spike, and we've identified a promising setup for a new long order. Today's...
Expecting the fibre to re-test support level below 1.07000 early next week, IF the decline is rejected, then EURUSD will be targeting liquidity above 1.09446. N.B! - EURUSD price might not follow the drawn lines . Actual price movements may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your...
Fibre needed further confirmation at a strong support level to determine its next direction. Reversal or Bearish continuation? N.B! - EURUSD price might not follow the drawn lines . Actual price movements may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades #eurusd #fibre
Watch-out for a break above above 1.06171 for fibre... N.B! - EURUSD price might not follow drawn lines . Actual price movement may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades #eurusd #fibre
This is just a possible narrative that may unfold. Do not trade based on this without the proper confirmation. This is not a signal. If Phase 2 extends higher, then will look for possible NY/News reversal. If price breaks utmost swing high, then I will post where I think price will likely gravitate towards to.
EURUSD! N.B! - EURUSD price might not follow drawn lines . Actual price movement may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades #eurusd #fibre
The DXY is showing signs of getting back to the races , while the fIber is clearly frail.It has been on a week long consolidation which is likely pointing to the pair distributing to go lower. Last week price had tapped into a daily rejection block from midyear as well as flashing with another key premium being the yearly low from 2020.These are strong lecvels...
Pair forming bearing wedge at a resistance; needs double top /head-n-shoulder to commence its final trip to the South... N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
Pair forming bearing wedge at a resistance; needs double top/head-n-shoulder to commence its final trip to the South... N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
EURUSD remains in bearish trend but the bulls are winning on the lower timeframe. 2 resistance level the pair may face will likely drag price to re-test bullish area are situated (1) around @1.02000 and (2) @ank300400_1 Rejection at either or both levels may drag price down N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
GBPUSD H4 - We are trading south of this 1.13 whole number, and we are still descending on multiple timeframes, the daily, H4 and H1, undoubtedly. Analysis to follow on the hourly timeframe, to justify to potential intraday entry point. Targets initially 1.08-1.10 I feel, this could be a healthy balance price, until we hear more from Sunak and government...
EURUSD is likely to re-test the swing high at 1.03600 before it decline again and test support at 1.0590... N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
With EURUSD in a double bottom on the trendline, price potentially could test the next resistance level or the upper wedge line... N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades