This week features some key macro events from Canada. The BoC rate decision on Wednesday and Canadian jobs report on Friday will be the highlights. Earlier today we had a disappointing Ivey survey. The BoC is not expected to hike rates further after a total of 425 basis points worth of interest rate rises. The central bank signalled at its previous meeting that...
HI TRADERS ✌As you can see, according to the scenario, the price was able to correct about 127 pips up to the correction target range of 1.087/1.084🔥✌. It is currently trading in the range of 1.084. We can expect a positive reaction from the range of demand zone.It should be seen how the price will react to the specified ranges. Otherwise, if the price penetrates...
Today’s US data releases didn’t cause a massive reaction, which means the dollar has remained supported – for now. Among the dollar pairs to watch for a potential upside breakout is the USD/CHF. US GDP was revised unexpectedly lower to 2.7% from 2.9% in the initial estimate, but this was offset by GDP price index, which was revised up to 3.9% from 3.5%, meaning...
-Price is currently downtrend -Right now, the price made a retracement into previous support and Fib. Level 61.8% - The take profit levels are 0.83740 and 0.83500
FXS showing depending on low time frame increase view. we will follow this coin to check the trend out. 🌠We will monitor FXS to see if it shows any upward movement on the lower time frames. If the trend looks promising, we will continue to track it beyond the initial 24-hour period
GBPCAD is taking off from a key horizontal support. The price has formed a bullish engulfing candle on 4h, approaching that structure. A double bottom on an hourly time frame was formed. I expect a pullback to: 1.618 / 1.622 ❤️Please, support my work with like, thank you!❤️
Main Idea: Well, here in the USDJPY chart we can see the bearish structure and we can expect the price to move downward. For that, the price can rise till the supply zone and then with a low time frame confirmation, we can enter. You can see all the important zones and levels on the chart. If you have questions, feel free to ask. 💡Wait for the...
I think gold will go down again if price rejects recent resistance. my goal is to support level at 1842
Top Down EU analysis - intraday shorts lining up for me... waiting for price to tap into my 4H zone in confluence with 15m OB OR waiting for a 5m change of structure for entry confirmations as explained in the video.
Let wait for liquidity sweep to occur. Then Price action give bearish opportunity.
I am taking a sell on AUD/CHF if price can get into this area in the london session. London Session for me begins at 6:00am UTC Time. No Entry is valid until this occurs... Invalidation would be if price trades into this area after london session close (11.01am) UTC time.
I am taking a sell on EUR/JPY if price can get into this area either in asia or london session. Invalidation would be if price gets into this area either before asia open (12:01am) or after london session close (11.01AM) UTC Time.
I am taking a buy on EUR/AUD if price can get into this area either in asia or london session. Invalidation would be if price gets into this area either before asia open (12:01am) or after london session close (11.01AM) UTC Time.
I am taking a buy on EUR/CHF if price can get into this area either in asia or london session. Invalidation would be if price gets into this area either before asia open (12:01am) or after london session close (11.01AM) UTC Time.
Potential intraday setup lining up on GA Price on the 4H and daily TF is in a nice downtrend and recently broke below a significant level of daily support... the market has since made a retracement to retest the zone as resistance. There is also a wick to fill down from yesterdays Daily close giving us added confluence. From a LTF perspective what I'm looking...
GBPAUD is retesting a broken horizontal support. The market may drop from that. I suggest a risky short. Goals: 1.738 / 1.733 ❤️Please, support my work with like, thank you!❤️
Gold has formed a diagonal wave corresponding to an upward wedge pattern. Wait for the price to break down to the support of 1910,1911, then you can watch to sell down
Here on NZDJPY pair, I spotted a perfect example of a top-down confirmation trade. Approaching a key level, the price formed a head & shoulders pattern on 1H time frame. Its neckline was broken, and the candle closed below that. We can go short from a broken neckline. Goals: 84.09 / 83.73 ❤️Please, support my work with like, thank you!❤️