The GBPAUD pair has broken below the first Channel Up (dotted lines) and in extension the 1D MA100 (green trend-line). Currently it is testing the bottom of the second (and final) Channel Up (blue). Technically that is the most optimal level to buy for the medium-term and target 1.997800 (Resistance 1). On top of that, the 1D RSI bounced back after becoming...
Hi Traders! GBPUSD is under serious pressure, and there is a possibility of price breaking below the four-month low. Price Action 📊 The market has reached the four-month low, creating a descending triangle pattern on the chart. We are looking for further bearish momentum to break and close the trendline support line. Fundamental Analysis 📰 The market's...
AUDCAD price is in the support zone 0.86204 if the price cannot break through. It is expected that in the short term there is a chance that prices will rebound. >> GooD Luck 😊
US30 price is in the important support zone 33529.4 if this support continues to work well. It is expected that in the short term there is a chance that prices will rebound. >> GooD Luck 😊
Hey Everyone, Following on from yesterdays update we had the cross and break below 1917 with ema5, which opened the lower range 1910 AND 1905 - Both these targets were HIT today. We also suggested inline with our long term plans to buy dips that these weighted levels will give 30 to 40 pip bounces. This also played out giving some sniper entries and exit. The...
XAUUSD Timeframe: 1H Trade Signal #Forex #XAUUSD #TechnicalAnalysis #TradingOpportunity #Divergence #TradingSignal Hey traders! 👋 Let's dive into a potential trading opportunity on the XAUUSD pair using technical analysis. 📊 📉 Previously Bearish Trend: Firstly, on the 1H- timeframe, we've been witnessing a bearish trend in the XAUUSD pair. 🐻 📊 Trade...
Hello traders ,what do you think about GOLD? Gold is approaching a relatively good support zone, it is expected to grow to at least the indicated levels upon reaching this zone.In this zone, by receiving confirmation , you can enter a buy position If this post was useful to you, do not forget to like and comment.❤️
The price of gold decreased on Monday (25/09) as the US dollar strengthened and US bond yields rose due to the Federal Reserve's (Fed) outlook for higher interest rates over a longer period. At the close of trading on Monday, spot gold contracts fell by 0.5% to $1,915.61 per ounce. Futures gold contracts lost 0.5% to $1,936.6 per ounce. Everett Millman, Market...
The price is on a very strong downtrend but this trend needs rest to continue the way
NEW Forecast of TVC:GOLD : As you can see, on yesterday price was corrected by 50 pips from the price that was analyzed to the range of $1922, but the price could not stabilize below this range and again faced a demand pressure , and up to this moment it has managed to grow up to $1935. Considering the various Gaps that have been created because the price growth...
By re-examining gold in the 4-hour time frame, we see that the price, yesterday after the last analysis that we posted and the demand range that the price had entered, As we expected, the price had a positive reaction to this level and the price managed to grow from $1908 to $1915 yesterday! Today, with the announcement of the CPI statistics, the price of gold...
Hy dear members. Hope you all are enjoying our ideas and analysis. Now we are here to discuss about CADJPY. CADJPY is making rising Wedge Pattern. Here it has maximum Chances we can see a good drop in price. In this drop we can see 100pips+ drop in price. Keep in touch we will update further soon.
Dear colleagues, I assume that the price will continue the upward movement. Wave 3 will rise to at least 100% of the Fibonacci extension level of 149.300. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Dear colleagues, I think that the price will make a correction to the resistance area 34254. If the price does not update the minimum of wave 1, then it will be wave 4. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
The EURUSD pair is extending the bearish trend firmly within the borders of the 2-month Channel Down hitting in the process last week's target: As you see, it failed to break above the 4H MA100 (green trend-line) so we didn't pursue Target 2. We are in a similar situation now, with the price again at the bottom of the Channel Down, while the 4H RSI is about...
AUDUSD currently has a score of -10, or a Strong Sell rating after adding up all categories. First, let's look at what institutional traders are buying/selling. We can see that theAUD has a long percentage of 35.19%, and we see that the USD has a long percentage of 69.73%. This category receives a -2, as institutional traders favor the USD. Taking a look at...
Q1-2023. High energy costs and elevated inflation are increasingly weighing on Eurozone real household disposable incomes, even if overall inflation pressures are not as broad-based as in some other major economies. In addition, disruptions to energy imports from Russia (oil and natural gas, both planned and unplanned) have the potential to further elevate energy...
Eur/Usd in area of value. The fundamentals are in our favor. Technically also a bearish trend. RR=4+ is more than decent Check my other short idea for Eur/Aud