Hello traders, we want to check the EURJPY chart. The price has broken the upward channel. We expect the price to continue its decline and fall to around the price of 158,200. If it can break this level, the next target that can be imagined will be the price of 157,700. Good luck.
Some traders will buy straight up the pullback back into the demand/support/break-out retest area while others will wait for a potential Stop hunt liquidity search of those traders and buy after that happens. I always like the idea of waiting for confirmation on smaller timeframes (1hr/4hr).... What are you looking for?
Hello traders ,what do you think about USDJPY ? This pair is approaching a strong resistance zone. On the other hand, there is a weakness in the trend. It is expected to fall after reaching the specified resistance zone. In the specified resistance zone, after receiving the confirmation, you can enter sell . If this post was useful to you, do not forget to like...
Analysis: Bullish Confluences Longer term upwards trend Retest of a key level Upwards trendline touch EUR is the strongest major currency whereas the USD is the 3rd strongest major currency 12K short position decrease for the EUR 6K long position decrease for the USD Bearish Confluences 14K long position decrease for the EUR 1K short position...
AUD took a dive yesterday & has now retraced to a resistance level. I anticipate a liquidity up and for it to head down... POI : 0.64500 | UTP: 0.63840 Now we wait
AUDJPY is in under immense sell pressure and perfectly trading in bearish parallel channel. Ahead of weaker AUD it seems like AUDJPY is still due for another sell off. As the price is retracing a bit , will the bears attack the trend and send the price to lower side?
Hello Traders, This is an update We had posted a Gold Analysis on Sunday Stating that we would most likely see Gold continue shorts to the June 29 Low $1893 160+ pips
The AUDJPY pair is on the 3rd day after a Double Top rejection on the 1D MA50 (blue trend-line). That was a Lower High at the top of 2-month Channel Down. This is a sell opportunity, as long as the price is closing 1D candles below the 1D MA50. Our target is a -3.68% decline (as the previous legs) at 91.450. You can more safely settle for the 1D MA200 (orange...
At the moment, the Canadian Dollar (CAD) is exhibiting a bearish trend. Several factors could be influencing this downturn, be it economic data from Canada, global oil prices, or international trade dynamics. It's vital for investors and traders to keep abreast of relevant news and economic indicators from Canada. Always combine insights with personal research and...
Currently, gold is showing a bullish momentum. This uptrend can be attributed to various factors such as geopolitical tensions, economic uncertainties, or central bank purchases. Those interested in the gold market should stay updated with global events and economic indicators to gauge future movements. As always, personal research and consulting with financial...
As of now, the Euro (EUR) demonstrates a bullish trend. Several underlying factors have contributed to this upward trajectory. Whether it's robust economic indicators from the Eurozone, positive sentiment surrounding trade relations, or other geopolitical developments, investors appear optimistic about the currency's near-term prospects. Traders and investors...
We are going to be waiting price at the present zone for possible buy order and 1.2650 zone is another zone to watch out on GBPUSD . remember No bullish momentum confirmation No entry
Hi Traders! AUDUSD has broken its 2023 low at 0.64583 and is approaching its 2022 low at 0.61702, and our recent bearish approach to this currency pair has worked well. On the 1W chart, the market has been in a long-term symmetrical triangle, and the trendline was finally broken to the downside. As the market approached the 0.64583 level, there had been strong...
After flirting with 0.6050-0.6070 zone support, exactly a week ago, NzdUsd managed to break under and at the time of writing is trading well under the psychological 0.6. The overall structure is strongly bearish and we could probably see down continuation. 0.6050 is now resistance and, in my opinion, rallies towards 0.6 should be sold considering a stop above...
Hello traders, we want to check the CADCHF chart. The price has reached a strong support level that it has reacted to several times in the past. If the price can break the downward trend line, we expect it to grow around 0.65500. Good luck.
Hello traders, we want to check the AUDCAD chart. The price has reached the specified support level after moving in a descending channel. We expect this level to stop the downward trend of the price and the price will grow to around 0.87900. Good luck.
TGT stock has both stepped back on 2.618 in golden section This figure shows the weekly candle chart of Target Corporation's stocks over the past two years. The top to bottom golden section is superimposed in the figure. As shown in the figure, Target Corporation's stock peaked three times in August and November of last year, reaching its highest point in...
Hello traders, we want to check the DXY chart. The price is moving in an ascending channel and has reached the specified key level. We expect this level to act as a resistance level and the price will react to this level and fall to around the price of 102.500. Good luck.