AUD USD has formed an inverted head and shoulders pattern with a break and retest. Still waiting for strong candlesticks confirmation to go long
EUR USD has fallen to a major support level and formed a pin per candle on the 4h Will be looking for some sort of double bottom on the 1hr timeframe to get a buy entry
any attempts at recovery will first encounter resistance at around $2,328, a level that now marks the lower boundary of what was a consolidation range before the drop. A close above this level on significant volume could signal a temporary respite from selling pressure. However, the real test lies at higher resistance levels, previously established around $2,510,...
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
Eurgbp The indicators on the daily chart are depicting a bear-dominant market. The Relative Strength Index (RSI) is seen to be on a downward path, maintaining its location in the negative sector pointing towards an ongoing bearish momentum.eurgbp lower more than expected Concurrently, the Moving Average Convergence Divergence (MACD) indicators display an...
Gbpusd pulled back slightly after the flash UK and US manufacturing and services PMI numbers. The pair retreated to a low of 1.2729, a few points below Wednesday's high of 1.2777. S&P Global published strong economic numbers from the United States and the UK, signaling that the two countries started the year well. In the UK, the manufacturing PMI rose from 46.3 in...
Today XAUUSD Setup | GOLD 25th of January 2024 Around BUY 2010 TP 2015 - 2020 Around SELL 2020 TP 2025 - 2020 Around BUY 2000 TP 2010 - 2015 Around SELL 2030 TP 2025 - 2020 GOLD Broke 2020 - BUY Trade 2025 - 2035 GOLD Fell below 2010 - SELL Trade TP 2005 - 2000 GOLD Broke 2030 - Buy Trade TP 2035 - 2045
eurusd downtrend The 50-period EMA at 1.0895 acts as an immediate resistance level for the major pair. The crucial upside barrier will emerge at 1.0915, portraying the confluence of the upper boundary of the Bollinger Band and the 100-period EMA. The next hurdle is located near a high of January 15 at 1.0967, and finally at the 1.1000 psychological round...
The 4H chart shows that the BTC/USD pair has been in a strong bullish trend in the past few days. It remains below the 50-period and 25–period Exponential Moving Averages (EMA). The pair has also dropped below the Ichimoku cloud and the lower side of the Donchian channels. Also, the Relative Strength Index (RSI) has moved below the oversold point. Therefore, the...
Gold price (XAU/USD) attracts some buying during the early European session and turns positive for the second more expected buy when European session active successive day on Wednesday, albeit lacks follow-through and remains in a multi-day-old trading range above the $2,040-$2,052 zone. Traders pushed back their expectations for the first interest rate cut by the...
EURUSD 1 hour On the 1 hour chart, we can see more closely the recent price action at the support zone and we can see that in the APAC session the price don't broke through the trendline, which might be a good omen for the sellers. In fact, if the price were to break further through the support, then the breakout would be confirmed, and the seller will likely pile...
Bitcoin (BTC) is struggling on Monday morning to keep its head above volatile waters, trading at $40,000, after its value fell last week. A decline in open interest by large-wallet investors (popularly known as whales), coupled with an increase of their Tether (USDT) reserves on Bitfinex, suggests that the bullish trend for BTC price could extend in the uptrend term.
Here is my idea on GBP USD. Trade confluence 1. Head and shoulders Pattern 2. Bouncing from the Neckline to retest the broken bearish market structure creating a LH 3. We are waiting for double top to complete at the reset level for entry short. Maybe Not?
AUD USD has broken a bearish market structure, we need to wait for a retest to get an entry.
GBPJPY The price is ready to rise further GBPJPY may continue its uptrend after breaking the nearest resistance. The potential is good as the Japanese Yen is losing ground against the fundamentally strong Pound Sterling
Hi Traders, I hope you are well, here's a great set up for EUR/GBP as it hits a very high Liquidity Zone, a bounce is likely on Monday. Chris