Since the beginning of March, AudUsd is trading in a clear range between 0.66 and 0.68. The end of May found the pair breaking under the support of this range, but the break lacked continuation and with the price getting back above support again it proved to be a false break. Yesterday the pair tested again 0.6 and reversed and at the time of writing is trading at...
Hello team!! The GBPJPY appears to be entering a downward trend again. If it breaks the new support of 173,650, it could fall as far as 173,000 where it made the new low in the morning and continue its decline. Good week everyone and take care.
GBP/CHF presents a bearish scenario with a price approaching a demand zone created last week following a breakout of a triple candle high at H1 and M15, which is my personal strategy. The objective is to wait for the price in the 1.1084 area with a target of 1.12. Long Trade with RR 1:6. Let me know in the comments what you think. Good trading to all. Forex48...
The recent surge in UK CPI figures has sent shockwaves through the broader markets, with many observers anticipating a hawkish response. This sentiment is particularly noteworthy given the recent comments by Governor Bailey, who expressed optimism about the UK's inflation trajectory and suggested that the central bank's interest rate hikes may soon come to a...
Since the beginning of 2023, CadJpy has traded in a range between 96 and 100 (with some spikes in either direction). I expect the pair to remain in this familiar range and, with the price rising towards resistance, traders could look to sell eventual rallies above 100. Considering 100 pips stop loss and a target to the lower boundary of the range, a phenomenal 1:4...
Bearish harmonic Gartley reversal pattern formed and The price has rejected from the potential reversal zone ( PRZ ) its is likely to reverse the trend from here. The price is now making LH and LL .
EURUSD intraday trading alert 3 simple steps to find a quality setup ! Risk Reward Ratio 1: 2 Anyone same idea with me? SELL EURUSD Good luck traders..
NZDUSD intraday trading alert 3 simple steps to find a quality setup ! Risk Reward Ratio 1: 2 Anyone same idea with me? SELL NZDUSD Good luck traders..
// WHICH PATTERN ON MMP GUIDE DO WE HAVE?// NZDUSD is currently showing a BULLISH CONTINUATION MM Pattern 5 in the MMP GUIDE. // HOW TO ENTER // Wait for NY to pullback close to the CP RISK ENTRY ;- LONG on a good rejection from CP CONFRIMED ENRTY;- LONG when we fix ABOVE BL (Baseline) // INVALIDATION // Use a 20-30pips STOP LOSS I will post money...
Regarding the euro, the inflation outlook in the Eurozone is uncertain, and the European Central Bank (ECB) is not expected to shift its tightening policy quickly. On Tuesday (February 28th), the French CPI annual rate was recorded at 6.2%, higher than the expected 6.1% and the previous value of 6.0%; this indicates that there is a risk of a rebound in Eurozone...
Hello Traders Here is my USDCAD analysis for Long Opportunity. We can see here there is breakout of Major Trendline. Also Resistance Zone. If you found useful this idea please appreciate me by like this idea.And comment your views.
Hey Everyone, Please see our updated 4H chart Goldturn levels and targets. 1817 Goldturn, which was the previous swing range provided support for the swing up. This is level is a strong support structure. Should we see 1817 challenged and broken with EMA5 we will see the new swing range open below down to 1779. However, right now we are seeing 1817 support...
Hello Traders, Here is my USDJPY analysis for Long Opportunity. If you found useful please appreciate me by Like this idea
gbpaud In dealing with the block order, the price ceiling has started a good downward trend in 4 hours.
gbp is currently very weak while usd is gaining strength. Usd will be bullish this week. Price may consolidate for a little on this pair but I dont think price will move up until my target is hit.
the us dollar is currently very strong after nfp from last week. I am expecting usd to keep this strength this week. AUD is very weak, and i expect it to stay weak during this week. I am shorting this pair.
euraud completed my forecast. time for new analysis on this pair. will be updated shortly
I am going to be placing a trade long on GBP/CHF if price can get into this area in the Asia or London session.