The EUR/USD remains pinned on the south side of the 200-hour Simple Moving Average (SMA) just beneath 1.0800. Although the pair continues to recover into the upside from the early week’s bottom near 1.0725, topside momentum remains capped, with longer-term technical patterns remaining decidedly bearish. Despite posting three straight days of gains and on pace for...
In the 4-hour timeframe, as you can see, after correcting from the 1.11 range, the price is in a range of 1.095. Based on the behavior of the candles, the possibility of correcting the price to the range of 1.084 / 1.080 can be considered. A scenario that we can consider in the 4-hour timeframe is that the price will be accompanied by a correction to the price...
here what i think about usdjpy i hope i made easy to understand,if not let me know in the comment. if 150.500 break above with bullish possibility that usdjpy can make new higher which is 153.500 to 153.900. so here waht i say look for buy opportunity with great confirmation. always risk 1%. thank you .
In the long term picture, the down trend from 1.1079 (2011 high) should have completed at 0.5526 (2020 low) already. It’s unsure yet whether price actions from 0.5506 are developing into a corrective pattern, or trend reversal. But in either case, fall from 0.8026 is seen the second leg of the pattern. Hence, in case of deeper decline, strong support should emerge...
GBPNZD nicely respected a major horizontal resistance on a daily. After its test, the price formed a descending triangle formation, then we saw a breakout of 2 major supports. The pair will most likely keep falling. Goals: 2.0375 / 2.024 ❤️Please, support my work with like, thank you!❤️
gold trying to break the trendline as on dail chart frame, i have drawn clear line to understand the game as we said waiting is the most to enter the trade,so wait for the confirmation them action. let me know your thought. if break below 1971-1981 gold can reach to 1940 to the order block.
Nzdusd bullish chart The NZDUSD moved higher today, helped by a report from ANZ that they now expect the RBNZ to hike rates not once but two timesIn this video, I take a look at the rise in the NZDUSD off the report and the shift in the bias for the pair. I also outline the work that needs to be done to increase the buyers confidence after the technical gains
Btcusd strong bullish It will be met with buying interest, potentially propelling the market towards the $52,000 level. However, surpassing this point may lead to a more sustained buy-and-hold approach. Nonetheless, overcoming the existing resistance levels poses a challenge, considering the market's prolonged period of overextension.recent introduction of the...
Gold prices holding up on central bank purchases. Economists at the National Australia Bank analyze the yellow metal’s chart gold rocket fly to the moon Gold target 2040 2050 The best zone for buyers
eurusd buy trend From a technical perspective, repeated failures to move back above the 100-day SMA and the emergence of some sellers ahead of the 1.0800 mark suggest that the recent downtrend from the December swing high is still far from being over. That said, any further slide is likely to find support near the 1.0745- 1.0740 area and remain limited near the...
usdjpy outlook fall from 151.89 is seen as a correction to the rally from 127.20, which might have completed at 140.25 already. Firm break of 151.89/93 resistance zone will confirm up trend resumption, and next target will be 61.8% projection of 127.20 to 151.89 from 140.24 at 155.50. This will now remain the favored case as long as 140.35 support holds.
USD/JPY Long • If price corrects and a three touch larger one hour structure forms, then I'll filter the latter on the fifteen minute chart and be looking to get long with a risk entry within it. • If price corrects and a two touch larger one hour structure forms with a three touch structural approach, then I'll filter them both on the fifteen minute chart and...
Usdcad strong sell over the last few hours in the US session, the price has rotated back to the downside and fell back below its key 200 day moving average at 1.3476. That tilt of the bias more to the downside. He would now take move back above that moving average to switch the bias in favor of the buyers. Absent that, the sellers are more in control with the...
Dxy downtrend The US Dollar Index is slowly but surely advancing higher again with markets digesting the failed ceasefire plan that was put on the table by Hamas. The harsh rhetoric from Prime Minister Benjamin Netanyahu could mean some lingering US Dollar strength in the coming weeks. Meanwhile markets will be looking for next Republican state Caucus elections,
WTICO/USD Short • If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a subsequent impulse back down on the one hour chart followed by a tight two touch fifteen minute flag and then I'll filter the latter on the five minute chart and be looking to get short with either a risk entry within it if the...
Btc buy expected think we are most likely to see a bullish breakout above this triangle, which could send the price higher to reach the next resistance level at $47,507 If this breakout happens later today with a strongly bullish candlestick, it could be an interesting signal at which is enter a new long trade.
breaches the 2024 bottom of 1.0723 (February 6), it may then set sail towards the November 2023 low of 1.0515 (November 1), followed by the weekly low of 1.0495 (October 13, 2023). This would be followed by the 2023 low of 1.0447 (October 3) and the round level of 1.0410. The outlook for the pair is expected to turn bearish if it consistently surpasses the...
Our data shows traders are now net-short NZD/USD for the first time since Jan 16, 2024 when NZD/USD traded near 0.63. Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger NZD/USD-bullish contrarian trading bias.soon nzdusd buy