AUDCHF was consolidating for more than 2 months within a wide horizontal range on a daily. This week, the price managed to violate its support. It is a very important sign of strength of the bears. The market will most likely keep falling now. Next support - 0.5635 ❤️Please, support my work with like, thank you!❤️
Hello traders, EURAUD has broken the local support and is likely to fall further as it has bounced from monthly resistance. A high probability trade can be as shown in the chart! please like the idea if you find value in it.
What's up guys, I'm waiting for a buy setup over here as price is in a downtrend and is approaching a major support zone The green trendline is the 1H timeframe, while the yellow trend line is for the 4H timeframe Waiting for a good buy opportunity and still observing this pair , What do you guys think ?
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
On the monthly time frame we have formed a bearish rejection pattern...50/50 bounce on monthly TF.. On D1 we have OB retest formed equal lows
1. Big bullish body candle close on the daily due to the NFP news release. but I'd like to point out that price is now testing a major level resistance which is showing a price rejection. 2. We've already seen 2 retests on this level before and we've noticed that everytime the price retested this area, it got rejected. 3. I'd like to point-out the reason why is...
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
#EURUSD At the beginning of the second half of May, the instrument broke up the strong resistance 1.2177 and began to consolidate above this level. Since the trend is upward, the price follows a growing channel, purchases are relevant at the moment. At the end of last week, the currency pair made a false breakdown of 1.2177 and the week closed above the...
#GBPUSD In early May, the price broke through the 1.400 support zone. Thus, she left the growing channel. After fixing at the 1.403 support, the price continued to rise. It broke through the 1.409 support level. And it came to the resistance level 1.418. I expect a fall from this point. The target is 1.409.
EURUSD has been largely affected by inflation concerns. While central banks offered easing measures to combat the impact of covid19 on the economies, the risk for inflation increased. The market is still assessing the risks, which my trigger some volatility in basket of currencies. Regarding EURUSD, it may initially appear EURUSD may be positioned for corrective...
Morning Traders. Overnight our strategy has presented a long trade on EURJPY We are working the H1 time frame here with the script in use set to a take profit target off 95 pips. Now I don't recommend jumping on random TradingView ideas as in my opinion that wouldn't be a consistent way to trade and there is no plan implemented. Our strategy is a trend...
EURUSD reached a firm daily resistance. It is possible that the US data could trigger some USD strength, which will distance EURUSD from the resistance level. The highlighted levels on the chart may be used for stops and take profit. The technical setup is for experienced traders. It is worth noting that brexit and US elections will add to the market volatility...
EURUSD posted some gains due in recent days due to the Fed Powell's speech at Jackson Hole (online speech). Powell affirmed the Fed will opt for average inflation while assuring rates will remain low. The new inflation framework weakened USD against a basket of currencies. The impact of the new framework may last for some time but due to the upcoming US elections...