USDCHF is currently testing a recently broken horizontal structure support, that presumably turned into resistance after a breakout. As a bearish confirmation, I see a horizontal range on an hourly time frame and a bearish violation of its support. I think that the price may drop soon to 0.9063 ❤️Please, support my work with like, thank you!❤️
On the today's live stream, we discussed GBPUSD. The pair is currently testing a key horizontal demand zone on a daily. Our to signal to buy the market with a confirmation, will be a bullish breakout of a horizontal neckline of a double bottom pattern on 1H time frame. An hourly candle close above 1.2502 will confirm the violation. A bullish continuation...
EURUSD has attempted to pass 1.08135 but failed to break through resistance, for a swing trade of three weeks it shows it can swing from here on out. Looking to take two take profits TP 1: 1.06691 TP 2: 1.05283 SL: 1.08280
The USD/CAD pair faces headwinds due to a strengthening Canadian dollar fueled by rising crude oil prices. This week's release of April employment statistics and Canada's Ivey PMI will provide insights into inflation and economic trends. Additionally, Fedspeak from Thomas Barkin and John Williams will be monitored closely. Recent US data suggesting a cooling labor...
EURUSD, which wanted to go up, was blocked by sales. Some more relaxation could be expected, but trade may be forgotten and there may be no opportunity. There is no need to risk. These parameters are not bad: Very small capital is ideal for starting out. Because we are trying to get back on track cumulatively. Best Regards : Position Size : %24 (for 100...
Here are the updates & outlook for multiple instruments in my watch list. 1️⃣ #GBPUSD daily time frame 🇬🇧🇺🇸 The market is trading in a bearish trend on a daily. After the price updated the low, we see quite an extended correctional movement. The pair is currently approaching a key horizontal resistance. The next bearish wave may initiate from the...
USDCAD leaves multiple bullish clues after a test of a key daily support. One of those is a bullish breakout of a resistance line of a falling parallel channel on an hourly time frame. The pair may bounce today. Goal - 1.3685 ❤️Please, support my work with like, thank you!❤️
Big line here. Nice base, macro winds favorable, juicy swap! You're welcome
GBPCAD broke and closed below a key daily structure support on Friday. The broken structure turned into a resistance. Today, we see its retest. The price formed a tiny horizontal range on that on an hourly time frame. Its support violation is a strong intraday confirmation. I already shorted the pair. Goal - 1.6966 ❤️Please, support my work with like, thank you!❤️
One more pair that certainly looks bullish to me today is GBPCAD. The price broke and closed above a resistance line of a falling wedge pattern after a test of a key support. I also see a double bottom formation with a confirmed neckline violation. Growth is expected now. Goals: 1.7143 / 1.7163 ❤️Please, support my work with like, thank you!❤️
AUDCHF is trading in a bullish trend. After the price set a new higher high on a daily, the market retraced to a key horizontal support. This morning, the price formed a tiny cup & handle formation on that. Its neckline was broken after a release of CHF fundamentals. We can expect a trend-following movement now. Goal - 0.59766 ❤️Please, support my work...
NZDCAD nicely respected a recently broken key horizontal daily support. After its bearish violation, an underlined blue area turned into resistance. Testing the broken structure, the price formed a double top pattern on an hourly time frame, giving us an intraday bearish confirmation. We can expect a retracement at least to 0.8136 ❤️Please, support my work...
Hello everyone, after yesterday's news-driven movement, the euro continued its long context. For intraday trading, I'm ready to consider positions during the New York session with targets set at the London high. However, first and foremost, we need to see some action with fractal liquidity.
Yesterday, we spotted a confirmed violation of a key daily support on NZDCAD. After a retest of a broken structure, the pair formed a nice intraday bearish confirmation. I spotted a horizontal range on a 4H time frame with a breakout of its support. Such a violation increases the probabilities that the market will keep falling. Goal - 0.805 ❤️Please,...
USDCHF looks quite overbought after a test of a key daily horizontal resistance. As a confirmation, the price formed a double top pattern on a 4H time frame and violated its neckline. I think that the pair may test 0.8993 level soon. ❤️Please, support my work with like, thank you!❤️
USDCHF reached a key daily horizontal resistance this week. After its test, the pair formed a doji candle on a daily time frame. On a 4H, I spotted a double top pattern with a confirmed neckline violation. It is a strong intraday bearish confirmation. I expect a downward movement next week at least to 0.8992 ❤️Please, support my work with like, thank you!❤️
Update for Dollar Index. Earlier, I already shared a bullish forecast. Today, I see an intraday confirmation with a breakout of a neckline of an ascending triangle formation. Next goal - 104.84 ❤️Please, support my work with like, thank you!❤️
FXS ~ 1W 📈 #FXS This is an accumulation area, make purchases gradually from here with a minimum target of 20%++