Gold Trade Idea Gold is in periods of consolidation and ranges from 2146 to 2186. The mentioned area will be best for scalping in a short time frame. But if you want to confirm the bullish and bearish momentum, then go head-to-head for a swing trade above or below the mentioned area of 2146-2186. The trend on H4 and Daily time frame is still bullish but in...
Hey Everyone, This is an update on our weekly chart idea that we have been tracking and trading successfully over the last few months and currently still being respected. So far we were able to track the entre move up and down twice with level to level tracking and our long term swing range zones have also provided the bounces each time. Last week we advised we...
Expecting price to continue the sell movement to 74.740 support zone
🏃 EURUSD is moving near 🔴 Heavy Resistance zone($1.1185-$1.0980) 🔴and Resistance lines and 🟡 Potential Reversal Zone(PRZ) 🟡. 🌊According to the theory of Elliott waves , EURUSD seems to have succeeded in completing the corrective Zigzag(ABC/5-3-5) inside the Ascending Channel . 🔔I expect EURUSD to move towards the 🟢 Support zone($1.0920-$1.0870) 🟢after...
GBP-USD pair appears to take reversal from its current market price. this is observed because of the strong bearish divergence. Also the currency pair has strong resistance at this price level. This trading setup is designed for short call at one hour interval.
GBP/USD is the forex ticker that shows the value of the British Pound against the US Dollar. It tells traders how many US Dollars are needed to buy a British Pound. The Pound-Dollar is one of the oldest and most widely traded currency pairs in the world. Follow the live GBP/USD rate with the chart and keep up to date with Pound-Dollar news and analysis. Plan your...
NZDUSD violated a significant daily support cluster. The price will most likely continue falling next week. Next support - 0.597 ❤️Please, support my work with like, thank you!❤️
Oil analysis in 1 hour time frame In the specified areas, you can enter the transaction by seeing the confirmation. The general trend is upward, but in the short term, it can fall to the range of 76-77 and continue its upward trend from this range. Entry: 79.976-80.291 TP1: 81.621 TP2: 82.321 SL: 79.85 RR: 3.02
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 2169 Frist Target sell zone 2120 Second Target on 2120 from Target 2180 Bis_ Bullish Technical indicators Pivot point low anticipates a potential price reversal Super trend shows a clear buy giving a Perfect indicators...
Gold price trend to continue down during session It is expected that price will continue in the down trend And can approach the price range of 2167 Gold sell from 2167_2162 Target 2125 Note : Always wish you to manage your capital safe Take small lots of which suits your capital The winner is the one who sticks with the market Give us like and support us
In the 4-hour timeframe, it seems like the long-term corrective move that started last month on the same day is over, suggesting that we could expect more bullish moves in this pair. If you've found this analysis helpful, please take a moment to like, comment, or share your thoughts with me.
Hello Traders ! On Friday 8 March, The EURUSD Reached a Resistance Level. The Price Formed a Bearish Double TOP Pattern. So, I Expect a Bearish Scenario: If The Market Breaks The Support Level and Closes Below That, We Will See a Bearish Move... TARGET: 1.08080🎯
Gold weakened after lower-than-expected unemployment claims and manufacturing PMI rose, the focus turned to Chairman Powell's speech today. During the March 21 session, gold prices were under pressure when the number of applications for US unemployment benefits was lower than expected and the manufacturing PMI index increased. The precious metal dropped sharply...
GBP/JPY Poised for Reversal Amidst Diverging Correlation with GBP/USD GBP/JPY experienced a robust bullish rally in recent days, surging to the 193.5200 level after the FOMC announcement. However, signs suggest that the pair may be gearing up for a retracement. Interestingly, the correlation between GBP/USD and GBP/JPY appears to be diverging, particularly...
Let's see what's going on in the USDJPY chart. Buyers couldn't push the price up in the last rise and the index hit the stops over the resistance zone. Now, it can fall to the previous important zones.
XAUUSD While there were some hawkish elements in the guidance such as the upward revision to the long run equilibrium rate traders chose to focus on the near term future and very easy fall soon gold
USDJPY also looks overbought to me. The resistance, that the price is currently testing, holds strongly. I believe that the market may retrace from the underlined blue area at least to 151.3 support. ❤️Please, support my work with like, thank you!❤️
By checking the EURUSD chart in the one-hour time frame, we can see that the price after growing up to 1.09060 faced heavy selling pressure and was able to correct by more than 70 pips to 1.08350! I still think this drop can continue and the next supply levels are 1.08615, 1.08680 and 1.08980 respectively! Please support me with your likes and comments to...