Hello traders, we want to check the XAUUSD chart. The price has reached the key level indicated after moving in a downtrend. We expect this level to play the role of a support level. If the price breaks the descending channel, we expect it to grow around the price of 1926.600. Good luck.
Hello traders, we want to check the CADJPY chart. The price has broken the ascending channel to the bottom and pulled back to the specified key level. We expect this level to play the role of a resistance level and cause the price to fall further. If the price falls, we expect it to fall to the targets of 107,400 and 107,000. Good luck.
Hi Traders! With the FOMC Minutes Meeting later today, traders will be eagerly awaiting their latest stance on the inflation issues in the US. The dollar index is near its 6-week resistance level of 103.572, and looking at the price action on the chart, it looks bullish; however, there are signs of a possible reversal. The market is currently in an ascending...
AUDCHF, the price is in the support zone. 0.56508-0.56620 If this support still works well It is expected that there is a chance that the price will rebound in the short term.>> GooD Luck 😊
USDCHF about to breakout from range area, trade in the direction of breakout or place your but and sell stop. Manage your risk according to account size!
The EURCHF pair eventually hit our 0.95555 bearish target as set by our sell signal in June (see chart below): The price is now past a 1D MACD Bullish Cross and on the bullish wave of the 7 month Channel Down. We therefore go long again targeting Resistance 1 at 0.96510 on the short-term and if a 1D candle closes above it, we will extend it towards the 1D...
Good day, traders. We'll be keeping an eye on the CADCHF on a daily timescale for any potential breakouts and retests of the strong support zone at 0.6500 that might lead to the triggering of sell orders or rejection from the zone that could lead to the triggering of buy orders.
Dear colleagues, I assume that the price will undergo a correction of at least 50% towards the Fibonacci level of 1923. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Dear colleagues, the price is completing an impulsive wave 5 and is approaching the support area at 1.26159. I anticipate that the price will undergo a correction towards the 61.8% Fibonacci level at 1.27413. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hey Everyone, Our level to level route map playing our into the levels and we are seeing the perfect bounces on our Goldturn levels inline with our plans to buy dips. The retracement range gave us the perfect bounce into the next level at 1910. We saw price drop into the top part of the swing range for a bounce with a wick out due to ema5 failing to cross and...
Hello traders ,what do you think about GOLD? Gold is still in a downward trend. Now approaching the support zone of 1894, it is expected to make an upward correction and then fall to the specified level after reaching the specified resistance zone. If this post was useful to you, do not forget to like and comment.❤️
Hello traders ,what do you think about EURCAD? This pair is completing a pullback after breaking its trend line. It is expected to fall to the specified levels by completing the pullback and reaching the specified resistance zone. If this post was useful to you, do not forget to like and comment.❤️
Analysis: Bullish Confluences Price has formed a higher high We're retesting a previous area of support Upwards trendline touch 3k long position decrease for the USD Neutral Confluences Symmetrical triangle pattern forming Stay Safe- The JPI Team Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback...
The EURJPY pair is trading within a Channel Up pattern since the mid-March low with the 1D MA50 (blue trend-line) as the main Support. The 1D MACD made a Bullish Cross and every previous such formation within this pattern, has been a confirmed buy entry. The first Higher High was a +9% rise, the second a +8% and assuming its a progression, we expect the current...
Hi Traders! USDJPY has finally broken above the two-month 145.073 resistance level and is quickly approaching 146. The psychological 150 level is now in sight. The price action shown here on the 1W chart is very bullish; the range zone has been broken, and we are above our 20 EMA. The 145.073 resistance level might be tested now as support, and we are looking...
best entry point-best R:R(1:7)-low risk-we have a up trend
reason explain: -breakout structure -divergence -hns chart pattern -fresh supply zone dyor