Hi viewers, GBPNZD price currently on zone, in last days we are can see bearsh push, currnetly here for new week bearish continaution for expect TP1: 2.04500 (100) TP2: 2.03800 (170) TP3: 2.03100 (2400)
Hi Traders! Forex Weekly Recap for 10–14 July, 2023: Fundamentals Federal Reserve member Barr noted that inflation in the US is too high, and their focus is on bringing inflation down to target. He acknowledged that they have made a lot of progress on inflation and that they are close to the end of the hiking cycle, but they still have work to do. Federal...
Hi Traders! There is a potential head-and-shoulders pattern forming on the USDJPY 1D chart. As we predicted in our previous analysis of the NFP announcement, USDJPY is now in a potential reversal of the bullish trend we have seen in the past couple of months. The potential right shoulder and neckline have been drawn on the chart, along with the already-formed...
Hi viewers, NZDUSD price currently on zone, after todays and yesterdays events here break expecting and bullish continuation for next periods TP1: 0.6650 (60) TP2: 0.63050 (100)
M Formation on a large scale has formed. We had the price break below and then retest the pattern once again. Thing is we haven't had the price break above the downtrend as of yet. This means, the bias does remain bearish but anything can change if the selling doesn't continue. 200>21>7 (bearish) RSI<50 (Lower highs) Target -0.8200 SMC (Buy Side Liquidity...
As we can see, the channel pattern has broken and the price makes a double top pattern, we can take advantage of this pattern to take sell entry DYOR
Hi viewers, EURNZD price on zone, after AUD rate cut we can see strong bearish push we are have today, here for next periods only bearish continuation expecting TP1: 1.73700 (200) TP2: 1.72700 (300)
Hi viewers, USDCHF price break first zone, strong volumen showed, currently here bearish continuation for next periods to expect TP1: 0.88400 (80) TP2: 0.879000 (130)
GBPNZD Moving in a parallel channel wait of the breakout on either side to get into trade or trade channel trendlines. Manage your risk accordingly.
GBPJPY Moving in a parallel channel wait of the breakout on either side to get into trade or trade channel trendlines. Manage your risk accordingly.
Hey Everyone, Our chart idea has played out perfectly hitting the bullish targets we shared and in order. We got the retracement followed with the push up to the bullish targets, working perfectly inline with our plans to buy dips. Yesterday we shared the two open targets to 1930 and 1934 within this structure. Both the targets were hit perfectly today. -...
Inverse Head and Shoulders has formed over the last few weeks. Already we have had a breakdown below the neckline. This tells us supply and selling is high and mighty. We can safely put a stop loss above the handle, as if it breaks above it would enter into a new uptrend. Other indicators confirm downside. 200>21>7 RSI>50 (Lower highs) Target 1.5535
M Formation has been in the making since 19 August 2022. The price then broke below the neckline, restested and is now showing a ton of downside to come. We have other indicators showing bearishness. 200>21>7 (bearish) RSI<50 (Lower highs) Target -0.8200 SMC (Buy Side Liquidity Order Block is clearly shown (green box) Smart Money sells into positions (and...
CADCHF managed to form a Head and Shoulders pattern after breaking the uptrend line. Also, CADCHF managed to break the neckline and 🟢 support zone(0.673CHF-0.672CHF) 🟢 in the past hours. 🔔I expect CADCHF to decline at least until the next 🟢 support zone(0.664CHF-0.661CHF) 🟢. 🔅Canadian Dollar/Swiss Franc Analyze ( CADCHF) 4-hour time frame ⏰. Do not forget to...
Hi Traders! There is a potential cup and handle pattern here on the EURUSD 1D chart. After the down wave and then up wave, the market has now reached the psychological level of 1.10000. The market has not been around this level for more than a month, so we expect some resistance here, therefore we have drawn the potential cup handle on the chart. The potential...
As you can see, the channel has been formed, so i just wait for confirmation to entry DYOR
Hey Everyone, Great start to the week with our chart idea already [laying out to perfection. We got the drop into the highlighted retracement area, which gave the perfect reset bounce back into the range hitting the route map targets highlighted by our arrows. We captured a clean 50 pip signal inline with our plans to buy dips. Price is sitting between the...
Hi viewers, NZDCAD price currently on zone, NZD technically looks will dominate in this market for this week, on Wendsday RBNZ rate cut event we will have, there expecting boost for NZD. Here bullish expecttion for this week TP1: 0.83300 (80) TP2: 0.83800 (130)