*please be sure to remember that today we have FOMC meeting and they are going to announce funds rate and their policies for coming meetings with a high possibility of a lot of movement in all pairs. since price rejected from the long term bullish channel upper line, price formed a bearish corrective structure with the possibility of upside continuation in favor...
Pair Name : GBPJPY TimeFrame : 4Hrs Direction : Short Type : Swing Target Range : 300 Pips Bearish After break 182.400 ------------------------------------------------------------------------- Neat and clean chart with clear setup, no junk on chart. ------------------------------------------------------------------------- If you like this idea, then smash like...
*please be sure to remember that today we have FOMC meeting and they are going to announce funds rate and their policies for coming meetings with a high possibility of a lot of movement in the pairs specially USD pairs during news and while FOMC chairman speaks. Other than that we have 2 very important area for price to turn and possible continuation of downside...
Hy team we are here to update about CHFJPY. CHFJPY is making falling Wedge Pattern. Here after breakout we can see a good bullish wave. In this move we can see price around 166 soon. Keep in touch we will update further soon.
The EURCAD pair has been decreasing since the August 30 High that formed the 1.48250 Resistance (1). Being below both the 1D MA50 (blue trend-line) and the 1D MA200 (orange trend-line), the long-term outlook looks bearish, considering also the fact that we may have completed a huge Head and Shoulders pattern since December. However, the price is decelerating the...
I am targeting sell-side liquidity for GBPUSD. There are two scenarios to reach that point. The first scenario is (that I follow) price can go lower from here. The second scenario is the price test of the bearish order block and then goes for the sell-side liquidity. 💡Wait for the update! 🗓18/09/2023 🔎 DYOR 💌It is my honor to share your comments with me💌
The CHFJPY pair is trading above the 1D MA50, holding it tightly for the past 10 days. Technically that is the long-term Support trend-line since March 29, while the long-term pattern has been a Channel Up. As long as the price is trading above the 1D MA50, we are bullish, targeting 171.000 (+8.00% increase). If the price breaks below the bottom (Higher Lows...
Treasury yields and the dollar index saw a resurgence, whereas stocks experienced a minor setback following the Federal Reserve's decision to keep interest rates unchanged, in line with expectations. The central bank also presented economic projections that leaned towards a more hawkish stance. Members of the Federal Open Market Committee (FOMC) maintained their...
FOMC is set! Rates unchanged and talks of raising rates if necessary, USD is continuing its bullish trend. AU gave an impulse breakdown from supply here with the bullish dollar impact. Look for continued sells on the pull back!
Helllooooo traders I hope you are doing great we almost covered a large number of pips on our gbpusd trade enjoyyyy!
Dear Colleagues. Attention! At the moment, the most important thing is to determine when wave 5 will end. Very soon I expect a strong reversal and the beginning of an upward movement. Now I assume that the price will reverse in the range of 61.8% -78.6% Fibonacci extension levels (1.23650 - 1.23156). Carefully follow the forecast update, the reversal can happen at...
Dear Colleagues, I assume that the price is forming a corrective wave 2. It is quite possible that wave 2 will end on reaching the 50% Fibonacci level of 146.559. The first target is the Fibonacci extension area at 148.219.
Analysis: Bearish Confluences Strong downwards trend Retesting an area of significance "Golden zone" fib retracement area Downwards trendline touch The AUD is the 2nd weakest major currency whereas the USD is the 3rd strongest major currency 7K long position decrease for the AUD 6K short position increase for the AUD 1K short position decrease for the...
Gold price closed Monday above the all-important 50-Daily Moving Average (DMA) at $1,932, confirming a bullish reversal from three-week lows. Therefore, the further upside now opens up toward the September high of $1,953 should Gold price manage to take out the mildly bullish 100 DMA at $1,942 on a sustained basis. Setup Gold price Gold buy now 1931 Buy limit...
Hi Traders! AUDUSD is still looking strong off the support bounce from the yearly low as bears look exhausted and new waves of buyers are entering the market, and price has finally broken and closed above the 20 EMA for the first time in eight weeks. Price Action 📊 The market bounced off the yearly low and is approaching the first resistance area. The market...
Gold awaits the Fed and Bull Cross confirmation Gold price is off the two-week high at $1,937, treading water near $1,930 early Wednesday, as buyers eagerly await the US Federal Reserve (Fed) interest rate decision for resuming the recent uptrend. Gold buy 1929- 25 Target 1950
Hello traders ,what do you think about GOLD? Gold has broken its downtrend line and its resistance zone. In the short term, it is expected to grow to at least the specified level after the pullback to the broken level. If this post was useful to you, do not forget to like and comment.❤️
- Trend is confirmed by swing HL and LL - A supply zone was created. Wait price retest this zone and sell continue