On Pound We are also in a bullish context similar to the euro, but the compression formed below raises concerns. I am ready to consider positions for further movement only after addressing this issue.
Good morning! The morning overview of the euro-dollar shows a retracement from the Asian minimum at the opening of the London session. The local target is set at the Asian maximum, and the structural context has shifted to a bullish stance since yesterday.
USD/CAD is falling towards a pullback support and could potentially bounce off this level to rise towards our take profit target. Entry: 1.34632 Why we like it: There is a pullback support that aligns with the 23.6% Fibonacci retracement level Stop Loss: 1.34255 Why we like it: There is an overlap support level Take Profit: 1.35524 Why we like it: There is a...
EUR/GBP is rising towards a pullback resistance and could potentially reverse off this level to drop towards our take-profit target. Entry: 0.86158 Why we like it: There is a pullback resistance level Stop Loss: 0.86395 Why we like it: There is a pullback resistance that aligns with the 50.0% Fibonacci retracement level Take Profit: 0.85710 Why we like...
USD/CHF is trading close to an overlap support and could potentially bounce off this level to rise towards our take profit target. Entry: 0.86301 Why we like it: There is an overlap support level Stop Loss: 0.85862 Why we like it: There is an overlap support that aligns close to the 23.6% Fibonacci retracement level Take Profit: 0.87123 Why we like it: There is...
EURUSD looks like a short fall from here after breaking trend on the channel trade in these last few days. It does seem to be in a continuous downtrend pattern and does not seem like it will be stopping anytime soon. I suggest a short from 1.08679 all the way down to 1.05703 for a long term profit close. Please take proper risk management upon entering the trade.
– Previous Daily candle closed extremely Bearish around 2006.300 breaking below previous Weekly Low and tapping into previous Weekly Resistance formed on 30th October 2023. – Buys on close above 2012.300 targeting previous 1h Support formed around 2019.300, Leaving Runners to the 4h Resistance formed around 2024.700. – Sells on close below 2002.000 targeting...
– Previous Daily candle closed strong Bullish around 187.730 breaking out of the recent 4h Consolidation Zone, Breaking above recent Monthly Resistance formed in December last year (2023). – Buys on close above 188.020 targeting Weekly Resistance formed on 27th November 2023 around 188.020, Leaving Runners to the Monthly High formed in November 2023 around...
EURGBP looks like a buy/long from here touching the main support trendline and seems to be ready for a full reversal for the next few weeks. I advise proper risk management with proper risk/reward size you are seeking. I have posted below the inputs for entry, TP, and SL numbers. I will continue to update and start providing full breakdown analysis on these...
My dear friends, EURGBP looks like it will make a good move, and here are the details: The market is trading on 0.8573 pivot level. 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 - 0.8609 Recommended Stop Loss - 0.8555 About Used...
My dear subscribers, This is my opinion on the EURJPY next move: The instrument tests an important psychological level 160.62 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 - 159.17 My Stop Loss - 161.35 About Used Indicators: On...
My dear friends, EURNZD looks like it will make a good move, and here are the details: The market is trading on 1.7771 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1.7640 About Used Indicators: Pivot points are a...
#XAUUSD For gold suggests a short context, with the recent FVG in the Asian session being surpassed. Ready to engage in opportunities for further downside, targeting the Asian session's minimum.
My dear friends, Please, find my technical outlook for AUDJPY below: The instrument tests an important psychological level 97.348 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 - 96.651 Recommended Stop Loss - 97.659 About Used...
My dear subscribers, GOLD looks like it will make a good move, and here are the details: The market is trading on 2054.0 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 2036.5 About Used Indicators: The average true range ATR plays an important role in 'Supertrend'...
My dear friends, My technical analysis for CADCHF is below: The market is trading on 0.374 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 0.6368 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend...
January 17th DXY: Consolidate or retrace down to 103.30, before pushing higher again to 104 (Stay above 103.25 to remain bullish) NZDUSD: Sell 0.6080 SL 20 TP 70 AUDUSD: Sell 0.6515 SL 20 TP 50 USDJPY: Buy 148.60 SL 40 TP 110 GBPUSD: Wait for retracement to complete, Sell 1.2680 SL 20 TP 65 EURUSD: Sell 1.0880 SL 20 TP 60 USDCHF: Buy 0.8610 SL 20 TP 40...
#EURUSD Greetings! Anticipating a continued focus on short positions for the euro. On the higher time frame, we are entering the daily FVG, indicating potential further downside. As of now, no compelling reasons for a reversal have been identified. Positions will be considered from the Asian session's high.