With the new review of the gold chart in the 1-hour and weekly time frame, we can see that after the price was able to grow up to $2180 and hit the first two targets, it was accompanied by a price correction and corrected to the demand level of $2156 to $2159 and then It was accompanied by demand again and we saw its growth up to $2178! The total efficiency of...
XAUUSD is in a correction phase. There is a chance that the price will retest the 2208-2222 resistance zone. If the price cannot break through the 2222 level, there is a chance that the price will go down. Consider selling in the red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
In the dynamic world of forex, my latest deep dive into AUDUSD has unveiled a strategic SELL opportunity that I'm eager to share. This bearish inclination stems from a comprehensive analysis combining Elliot Wave theory, key technical indicators, and an assessment of the global economic landscape, all of which suggest a downward trajectory for the Australian...
Delving into the dynamics of USDCHF with a blend of technical analysis and an eye on the broader economic landscape, I've uncovered compelling evidence pointing towards a SELL opportunity. This analysis is driven by a convergence of technical signals and macroeconomic factors that suggest a potential weakening of the USD against the CHF. Key to this bearish...
In the intricate dance of the forex market, my latest expedition into USDCAD, armed with technical analysis and a keen eye on macroeconomic trends, signals a compelling BUY opportunity. This bullish perspective is rooted in a detailed examination of chart patterns and economic indicators that suggest a strengthening of the US dollar against the Canadian...
Venturing into the dynamic world of USDJPY, my latest analytical deep dive has revealed a potent opportunity for a SELL position. Grounded in the principles of Elliot Wave analysis and bolstered by key economic indicators, the current market setup suggests an imminent reversal, signaling a downward trend for the USD against the JPY. The analysis uncovers a...
Diving into the EURUSD pair with a critical eye, my latest analysis, deeply rooted in technical patterns and economic foresight, strongly suggests a strategic SELL opportunity. The culmination of my review, which integrates Elliot Wave analysis, points to a significant turning point in the currency pair's trajectory, indicating an impending downtrend. This...
In the complex and ever-evolving forex market, my recent foray into GBPUSD through Elliot Wave analysis has unveiled a compelling case for a SELL position. This insight is derived from a detailed examination of the pair's price movements, revealing a completion of a bullish cycle and the onset of a corrective wave, signaling a potential downturn for the British...
“The next move probably hinges on this week’s PCE Index release. Evidence of further disinflation in the U.S., which would ease fears of prices accelerating or at least re-anchoring at a higher level, would be very bullish for gold.” Gold prices hit a record high last week after Fed policymakers indicated they still expected to reduce interest by three-quarters of...
The EURCHF pair is trading within a Channel Down pattern since the September 26 2023 Low. The current Bullish Leg is approaching the first 1D Golden Cross since February 06 2023, which was formed after the last Lower High on the 1.5 Fibonacci extension. That (Fib 1.5 ext) is the ideal sell entry, which is currently at 0.9900 but the Risk/ Reward Ratio is good...
Gold turned down as the market waited for the CB consumer confidence report. Gold rose to $2,181 late yesterday as the USD weakened, focus turned to today's CB consumer confidence report. In the March 25 session, gold swept both ways but ended at a higher price when the USD fell. The precious metal rose to $2,178 then fell to $2,163, then reversed all losses and...
traders Gold price is ready to fly My dear subscribers My technical analysis is for Gold below The price is coming around a solid key Level 2174 Gold sell from 2174_2178 1st Target zone 2155 2nd Target zone 2140 Bis_ Bullish Technical indicators Pivot point low anticipates a potential price reversal Super trend shows a clear buy giving a Perfect indicators...
The best approach I can see working here today would be to look for a long scalp from a bounce off the support at $1.0831 or a short scalp from a bounce off the resistance at $1.0854 In the unlikely even that the price reaches $1.0921 today, that could be a great entry point for a short swing trade if we start to see a bearish reversal from that level
By checking the Nasdaq chart, we see that the price after collecting liquidity above the level of 18420 has faced selling pressure and is currently trading in the range of 18250! If the price stabilizes below 18360,there will be a greater and heavier fall from the index! Its targets are 18200, 18090 and 17950 respectively! Please support me with your likes and...
Hello traders ,what do you think about GOLD? Gold is below the 2185 resistance zone and is pulling back to break support. As long as it is below this zone, it is expected to fall to the specified targets If this post was useful to you, do not forget to like and comment.❤️
Hello traders ,what do you think about GBPUSD? This currency pair has broken its trend line and support zone. It is expected to fall to the specified level after correction and pullback to the broken zone. If this post was useful to you, do not forget to like and comment.❤️
This trend line, that I spotted on a daily, is very significant. The price formed a double bottom pattern on an hourly time frame, after its test. The morning's Japanese CPI report also strongly supports the pair. I expect a bullish movement at least to 91.2 ❤️Please, support my work with like, thank you!❤️
USD-JPY forex pair is moving in a bearish direction. This setup is designed for SHORT TRADE call at one hour setup. In this trade, retarcement of the price movement will be captured based on Fib Retaracment.