My dear friends, Please, find my technical outlook for GBPJPY below: The instrument tests an important psychological level 189.81 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 189.52 About Used Indicators: Super-trend indicator...
My dear friends, My technical analysis for GBPNZD is below: The market is trading on 2.0911 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 2.0782 Recommended Stop Loss - 2.0977 About Used Indicators: A pivot point is a technical analysis indicator, or calculations,...
My dear subscribers, EURNZD looks like it will make a good move, and here are the details: The market is trading on 1.7863 pivot level. Bias - Bearish My Stop Loss - 1.7920 Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.7755 About Used Indicators: The average true range (ATR) plays an...
My dear followers, This is my opinion on the EURUSD next move: The asset is approaching an important pivot point 1.0890 Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 1.0917 About Used Indicators: For more efficient signals,...
My dear subscribers, My technical analysis for USDCAD is below: The price is coiling around a solid key level - 1.3462 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.3498 My Stop Loss - 1.3439 About Used Indicators: By the very...
My dear followers, This is my opinion on the GBPCHF next move: The asset is approaching an important pivot point 1.1256 Bias - Bearish Safe Stop Loss - 1.1278 Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1.1220 About Used Indicators: For more...
My dear followers, I analysed this chart on GOLD and concluded the following: The market is trading on 2162.6 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 2171.0 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to...
The Kiwi (NZD/USD) has been one of the weakest-performing currency pairs today. Could it continue to drop towards a pullback support at 0.60720 which has been identified as a pivot point? Price could potentially bounce off this this level and rise higher. Pivot: 0.60720 Support: 0.60479 Resistance: 0.61295 Risk Warning: Trading Forex and CFDs carries a high...
The Aussie (AUD/USD) could fall towards an overlap support at 0.65301 which has been identified as a pivot point. Could price find support around this region before potentially bouncing higher? Pivot: 0.65301 Support: 0.64803 Resistance: 0.65887 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with...
AUD/USD could rise towards an overlap resistance and potentially reverse off this level to drop towards our take-profit target. Entry: 0.65827 Why we like it: There is an overlap resistance level Stop Loss: 0.66248 Why we like it: There is a pullback resistance level Take Profit: 0.65307 Why we like it: There is an overlap support that aligns close to the 78.6%...
USD/JPY is falling towards a pullback support and could potentially bounce off this level to rise towards our take-profit target. Entry: 147.594 Why we like it: There is a pullback support that aligns with the 50.0% Fibonacci retracement level Stop Loss: 147.067 Why we like it: There is a pullback support that sits under the 61.8% Fibonacci retracement...
The Euro (EUR/USD) is falling towards a potential breakout level and could drop lower towards our take-profit target. Entry: 1.08721 Why we like it: There is a potential breakout level (wait for the 1-hour candle to close below 1.08721 for a breakout confirmation) Stop Loss: 1.09152 Why we like it: There is an overlap resistance level Take Profit: 1.07998 Why...
USD/CAD is rising towards an overlap resistance at 1.35409 which has been identified as a pivot point. Could price potentially break through this level and rise higher towards the 1st resistance? Pivot: 1.35409 Support: 1.34615 Resistance: 1.36049 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with...
The Kiwi (NZD/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.61974 which is a pullback resistance. Stop loss is at 0.62330 which is a level that sits above a multi-swing-high resistance. Take profit is at 0.61460 which is a pullback support that aligns close to the 50.0% Fibonacci...
– Thursday Daily candle closed Bearish at 2162.200 closing above recent Daily Support formed on Wednesday 13th March 2024. I’ll be looking for potential Buys above 2167.500 targeting Daily Resistance formed on 14th March 2024 around 2174.500 and next Daily Resistance formed on 12th March 2024 around 2182.500. I’ll be looking for potential Sells below 2157.000...
– Thursday Daily candle closed weak Bullish around 189.090 as price ranged within the No Trade Zone identified on the previous Analysis, I’ll be looking for potential Buys above 189.540 targeting previous 4h Support formed on 6th March 2024 around 190.060 and 4h Resistance around 190.520., I’ll be looking for potential Sells below 188.540 targeting 4h Support...
My dear friends, Please, find my technical outlook for EURCHF below: The instrument tests an important psychological level 0.9615 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 0.9583 Recommended Stop Loss - 0.9634 About Used...
My dear subscribers, My technical analysis for USDCHF is below: The price is coiling around a solid key level - 0.8806 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 0.8779 About Used Indicators: By the very nature of the...