By checking the Euro/Dollar chart, as we expected, the price penetrated above the level of 1.09470 for liquidity collection and manipulation, and then experienced a heavy fall to the support area of 1.08585! The efficiency was about +110 pips! After this drop, the price entered the support level that we had determined and we saw how beautifully it reacted to this...
Preferred direction: SELL Comment: The euro worked out exactly our previous long scenario. At the moment, the growth is most likely exhausted in the short term and a pullback is expected. The rollback is expected to be towards the nearest support at 1.07750. This is the main scenario. The second scenario assumes that buyers will be able to gain a foothold at...
Preferred direction: BUY Comment: The euro is increasingly strengthening the foundation of the upward trend, which we can already talk about. The bullish potential remains despite the already impressive growth. Here, in the very near future, the price will most likely retest the resistance area around the level of 1.09000. Thank you for like and share your views!
Hello dear friends! Today, once again the USDJPY pair has moved away from the 150.000 area. As a result, USD/JPY - the amount of Yen that can be purchased with one Dollar - has decreased after the release of the lackluster Non-Farm Payrolls, leading to a series of Dollar sell-offs. From a short-term perspective on the 4-hour chart, this decline has brought the...
💬 Description: The extreme trading idea for GOLD exactly reached its target at the level of 1948.160 . On a larger scale, a continuation of the decline is considered. Before this, however, there will most likely be a slight recovery with the goal of growth towards the upper limit of the current range at the level of 1997 . The transaction is exclusively...
Preferred direction: Neutral Comment: The euro situation requires some adjustments. At the moment, most likely the currency pair will grow a little more. The growth will be with the aim of updating yesterday's high. After which the medium-term downward decline is likely to continue again. Thank you for like and share your views!
Forex and trading in general is all about recurrent movements. Here's an example: two of the pullbacks looks similar to each other, the main difference is just the time it used to develop. Price already has broken above pullback, so the chance is higher for it to move up to the same height as last. See if it makes a for example a flag pattern as drawn, then maybe...
Preferred direction: SELL Comment: The trading idea for gold, proposed on Friday before the NFP, remains relevant. Here at the level of 1981.683 we expect a fall. A significant part of what was expected before the fall has already been realized, and at the beginning of this week, most likely the potential for the fall will be realized. Thank you for like and...
Hello dear friends, Today once again USDJPY has reached the mark of 150.000, at the time of writing the article, the price is still steadily increasing to 150.42 and has risen by 0.93% in a day. Perhaps this is what we are most concerned about right now, whether USDJPY can maintain this level or will it turn around and decrease like before. In monetary policy...
Hello dear friends, Let's review the USUJPY transactions from last week and discuss new strategies for the future! As we have long anticipated, UJ has reached the target of 150.00 at the end of last week, reaching a yearly high. However, as the trading week concluded, the price slightly declined and is currently resting at the level of 149.59. Nevertheless, we...
Hello dear friends, It's great to see you again in this new week's conversation! Today, the USD/JPY pair attracted some buying activity on the first day of the new week and seems to have halted its retreat from the 150.75-150.80 area, the highest level since October 2022, touched last week. However, Karina still holds a bullish view and the pair is currently...
Preferred direction: SELL Comment: Here the strength of the dollar still remains the same. Within the current week, we can expect not only a re-test, but also an update of local minimums. Thank you for like and share your views!
A Long above resistance. Enter on pullback or continuation. B Price trades sidways = Wait. C Short below trendline. Enter on pullback or continuation. Simple.
Hello dear friends! So after weeks of anticipation, USDJPY has finally reached the desired resistance level of 150.00. As mentioned in Karina's previous analysis, even though UJ has been trading sideways, it doesn't necessarily mean that this currency pair will decrease, and there are no signs indicating a reversal. The question is how long it will take for this...
Preferred direction: BUY Comment: Trading continues at the level of 1.05700 for the currency pair. The probability of a fall remains and it is greater than assumptions about growth. Most likely, a false breakout will be formed upward at this level and after that the price will go down. Thank you for like and share your views!
Hello dear friends! Today we are still facing the question: "Can USDJPY reach and surpass the resistance level of 150.00?" It can be seen that since the last time it broke through the resistance level of 149.000, USDJPY has maintained its strong upward momentum. Although it has not yet broken through the 150.00 resistance level, the price is still holding well...
From our yesterday's analysis, we saw a possiblity of this pair going Bearish on the 1 hour chart, while still looking overwhelmingly Bullish on the 4 hour. Today, looking at the 4 hour chart, we can see that there is a change in direction. The pair now has a Bearish perspective on the 4 hour chart. Price has retraced bullish into our Panzy Pips Block (PB), from...
Hello traders! The increase in USDJPY's increasing motivation continues to be weakened when this pair of money has not overcome the 150,000 resistance. Instead, from the slight decline of this pair of money on the 4 -hour time frame. Although signs of decline are not there, this psychological resistance seems to be a big obstacle for investors to buy. No except...