In time h2, it is moving in a downward channel, which is located in the support zone, which, if confirmed, can continue to correct until the golden zone of the previous wave after retesting the ceiling of the channel.
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The upcoming release of the Core PCE Price Index, a key inflation metric closely monitored by the Fed, is scheduled for 13:30 GMT. Despite not anticipating major surprises due to its inclusion in the recent GDP report, investors will closely examine this data along with December's Personal Spending and Personal Income figures for deeper economic insights. While...
As you can see in my chart - this is a simple trade using wyckoff schematics.
1H is my main TF of analysis (intra day trade)
after that I go to 45-30-15 min and look for shift in market structure. I found out accumulation in this 15minTF and then I wait for IC creation + validity/ proof.
I set my pending order with an RR of 1:8 Using distribution schematics...
It is fluctuating in the trading area of the lower time range, which can continue its movement with a pullback to the support area up to the ceiling of the trading range area. In one-hour and two-hour time, with the breaking of the current trading range area, it can continue its upward path up to the 1.90 area.
GBP/USD gained traction and advanced toward 1.2850 Soon Wednesday after closing the first day of the week virtually unchanged. Keep it for the buy The near-term technical outlook points to a build-up of bullish momentum.
(XAU/USD) strong bullish back on Monday as investors reconsider the outlook on interest rates by the Federal Reserve (Fed) Xauusd uptrend and Make some sideways move Policymakers are consistently resistance the tight interest narrative to ensure the return of inflation to the 2% target in a sustainable manner. The precious metal is facing some bullish as the...
The US Dollar Index (DXY) is facing substantial buying pressure. A daily chart shows a third consecutive day with buyer highs and lows. This points to increasing buy pressure, while the DXY is bounce to hold ground above the very important technical levels in the form of the 200-day Simple Moving Average (SMA) at 103.47 and the 55-day SMA at 103.28.
Beyond Thursday's European Central Bank (ECB) Eurusd lower meeting, Tuesday sees the latest ECB bank lending survey and Wednesday sees the flash PMIs for January. These two data sets weighed quite heavily on the Euro last autumn/winter and will be closely watched ahead of the ECB policy meeting.
hands at around 1.0880 ahead of united states us opening the peaked...
Hello friends,
On the 4-hour chart of the CAPITALCOM:DE40 pair, my first target is 16,346, and the second target is 16,143.
Best regards,
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NAS100 Currency running with nearest the 4H pressure level 16922 - 16974
This is the best opportunity for selling the market.
According to the analyze open sell order entry price 16928 and target 16748 and 16575
SL ( Set a uniform set of 15$ ) only for your reference and you can set it according to your free margin.
4H Level explanation
AUDUSD 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 this opportunity is to place a Buy order at 0.67057
Set your Stop Loss at 0.66157 and Take Profit at 0.67684 and 0.68365
Note : Already rebound with support level. who enter this trade...
GBPJPY breakout idea for further movement to the upside!
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I will be waiting for GBPJPY to break out of the resistance zone and then retest the zone before taking long positions!
EURAUD has been in a big downtrend for a while now and has been failing multiple times to break and make new lows.
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Either it will break the upside and make new highs. Only then I will be looking for long positions.
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Or it finally makes a new low and the I will be looking for a short retest setup.
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Let me know what you think!
EURJPY get rejected by the resistance zone at the 158.500 level and closed red for the day.
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I have a feeling it is going to break out the upcoming week and make new highs.
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We might see some kind of small pullback before EURJPY blasts trough this zone.
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Will be looking for long positions when this happens.
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Let me know what you think!
It could go down to points of 1.08773. If it brakes this floor it could go to areas of 1.08102. If it fails to brake the minimum of 1.08773, it could enter an uptrend to look for movement 3 of the Elliot wave until 1.10016 minimum (100% fibo point of the previous inverse wave), being able to continue rising until the point 1.1039. (127% fibo point), to continue...
GBPUSD Breakout with previous support level 1.2700 Now its working as a resistance.
GBPUSD Buy zone H1 1.0611 - 1.2628. Currently running near with support. get confirmation and enter trade.
SL ( Set a uniform set of 15$ ) only for your reference and you can set it according with your free margin.
AUD USD is moving in an ascending channel,
The price has reached the Higher High Level of the channel for the 3rd time, which is also a strong resistance level
Upon reaching the HH level the market has formed a Doji candlestick pattern with a close below which is a good confirmation for a sell.
What do you think ?
